South Korea: What is the current status of the alternative meat market and fisheries sector, which is attracting attention?

Published Jan 1, 2024

Tridge summary

The world is currently facing a food crisis due to population growth and the impacts of climate change, with the situation 25% higher than the past five years. The United Nations has identified 17 Sustainable Development Goals and emphasizes the need for a sustainable food industry, particularly focusing on food tech, including alternative meat and marine products. Efforts are being made to develop high-value seafood products and meat substitutes using marine products, with the goal of creating a new growth engine in the fishing industry.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Due to population growth and the aftereffects of climate change, the world is currently facing a major threat called a food crisis. According to the United Nations Development Program (UNDP)'s 2021 Integrated Food Security Standard Category, the current food crisis situation is approximately 25% higher than the highest level of the past five years. In response to this crisis, the United Nations presents 17 ‘Sustainable Development Goals (SDGs)’ and emphasizes the importance of a ‘sustainable food industry’ to achieve them. In addition, as the current food industry welcomes the 4th Industrial Revolution, it is moving beyond existing boundaries and taking a step closer to a new innovation called ‘Food-Tech’. Food tech is a compound word of food and technology and refers to a new industrial field that combines technologies such as information and communication technology (ICT) with the existing food industry. Representative examples include food delivery drones, kitchen ...

Source: Fisheco