Market Kurly's Vegan Products Gain Popularity... "From Gimbap to Sunscreen"

60% Increase in Sales of Vegan Products

[Asia Economy Reporter Lim Chun-han] Recently, as more people pursue value consumption, vegan products have gained great popularity.

According to Market Kurly on the 2nd, sales of vegan products in the first half of this year increased by about 60% compared to the same period last year. Sales of food items such as vegan gimbap, vegan dumplings, and vegan bread, as well as beauty products made solely from plant-based ingredients like vegan lip balm and vegan sunscreen, also showed a strong upward trend.

According to Fortune Business Insights, the global vegan food market size is expected to grow at an average annual rate of 13%, from $26.1 billion (approximately 33.9 trillion KRW) in 2020 to $61.3 billion (approximately 79.6 trillion KRW) in 2028.

A Market Kurly official said, “As interest in health and the environment increases, this trend is expected to gain even more momentum.”

This content was produced with the assistance of AI translation services.