Meat & Poultry Market size is estimated to be USD 1.5 trillion in 2024 and is expected to reach USD 2.3 trillion by 2033 at a CAGR of 5.4% from 2026 to 2033.
The South Korea Meat & Poultry Market has been steadily growing, driven by increasing demand for high-quality protein sources. With a population that has an appetite for diverse and international cuisines, the South Korean meat and poultry industry has evolved to meet consumer preferences and industrial needs. Key players in this market include both local farms and international exporters, providing everything from pork, beef, and chicken to more specialized products like processed meats and premium cuts.
The market has seen a significant rise in imports due to South Korea’s dependence on global trade for meeting local consumption requirements. In fact, South Korea is one of the largest meat importers in Asia, with major trading partners including the United States, Australia, and Canada. The demand for meat in South Korea is also influenced by urbanization and changing dietary habits, with younger generations increasingly turning to fast food and ready-to-eat meals that rely heavily on poultry and processed meat products.
South Korea’s meat and poultry market is not only driven by consumer demand but also the growing needs of industries such as food processing, hospitality, and retail. In the food processing industry, the demand for bulk meat products to create sausages, frozen meals, and other ready-to-eat options is substantial. Poultry, in particular, is a staple in the South Korean diet, with dishes like fried chicken gaining global popularity. This has led to a surge in demand for high-quality, sustainably sourced poultry products that meet the country's strict food safety standards.
Industries in South Korea are also looking for meat suppliers who can provide products that are consistent in quality and adhere to international food safety standards. With the rise of health-conscious consumers, the demand for lean meats and organic poultry products has also increased. These products cater to the growing segment of consumers seeking healthier, more sustainable food options.
The South Korean meat & poultry market remains competitive, with both local and international producers vying for market share. As consumer preferences evolve, industries continue to look for suppliers who can meet the demand for diverse, high-quality meat products while adhering to the country's strict regulations and sustainability goals. This dynamic environment ensures that the market remains vibrant and adaptive to future trends.
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Tyson Foods Inc
JBS USA Holdings Inc
Cargill Meat Solutions Corp.
OSI Group LLC
Hormel Foods Corp.
SYSCO Corp.
National Beef Packing Co. LLC
American Foods Group LLC
Keystone Foods LLC
Greater Omaha Packing
Tyson Foods Inc
Wolverine Packing Co.
Agri Beef Co.
West Liberty Foods LLC
Kenosha Beef International Ltd.
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Meat & Poultry Market
Beef
Poultry
Pork
Lamb & Mutton
Processed Meat
Ground Meat
Whole Cuts
Processed Cuts
Fresh
Frozen
Cooked
Marinated
Canned
Supermarkets/Hypermarkets
Convenience Stores
Online Retail
Specialty Stores
Butcher Shops
Foodservice
Retail
Industrial
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Meat & Poultry Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Meat & Poultry Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Meat & Poultry Market, By Type
6. South Korea Meat & Poultry Market, By Application
7. South Korea Meat & Poultry Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Meat & Poultry Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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