South Korea Pet Food Market was valued at USD 1.7 Billion in 2022 and is projected to reach USD 2.5 Billion by 2030, growing at a CAGR of 6.1% from 2024 to 2030.
The South Korea pet food market is experiencing significant growth, driven by the increasing number of pet owners and their desire to provide high-quality nutrition for their pets. As more households in South Korea embrace pet ownership, the demand for diverse and specialized pet food products has risen substantially. This trend is largely fueled by the growing humanization of pets, with owners increasingly viewing their pets as family members. This has led to a surge in the demand for premium pet food, including organic, natural, and customized diets.
The market is primarily segmented into dry food, wet food, and treats, each catering to the specific needs of pets such as dogs, cats, and other animals. Dry food continues to dominate the market due to its convenience and longer shelf life, while wet food offers pets a more flavorful option, particularly for those with specific health or dietary needs. Treats, both for training and as a form of enrichment, are also gaining popularity, particularly those designed to promote dental health and well-being.
Industry requirements in South Korea’s pet food market are constantly evolving, influenced by stricter regulations and consumer demand for transparency. Manufacturers are under increasing pressure to provide high-quality ingredients and demonstrate their commitment to pet safety through certifications and product testing. This has led to greater emphasis on sourcing locally grown ingredients and developing pet food that caters to the unique dietary needs of different breeds and sizes.
Furthermore, South Korean pet food companies are investing heavily in research and development to create innovative products that meet these diverse needs. Nutritional enrichment, allergen-free formulas, and functional benefits such as joint support or digestive health are some of the latest trends in the pet food market. Additionally, with growing concern over sustainability, eco-friendly packaging and environmentally conscious sourcing are becoming increasingly important factors influencing purchasing decisions.
As the pet food market in South Korea continues to expand, businesses are finding new opportunities in premium and specialty pet food categories. This market is expected to witness continued growth as both domestic and international brands aim to capitalize on the rising demand for high-quality, nutritious, and sustainable pet food products.
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Mars
Nestle Purina
Big Heart
Colgate
Diamond pet foods
Blue Buffalo
Heristo
Unicharm
Mogiana Alimentos
Affinity Petcare
Mars
Total Alimentos
Ramical
MoonShine
Big Time
Yantai China Pet Foods
Gambol
Paide Pet Food
Wagg
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 Pet Food Market
Dog Food
Cat Food
Other Pets Food (e.g., fish, birds, reptiles)
Dry Pet Food (Kibble)
Wet Pet Food (Canned)
Raw Pet Food
Freeze-Dried Pet Food
Pet Treats and Snacks
Online Retailers
Pet Specialty Stores
Supermarkets and Hypermarkets
Veterinary Clinics
Convenience Stores
Natural Pet Food
Organic Pet Food
Premium Pet Food
Grain-Free Pet Food
Functional Pet Food (for specific health benefits)
Economy
Mid-Range
Premium
Luxury
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Pet Food 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 Pet Food Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Pet Food Market, By Type
6. South Korea Pet Food Market, By Application
7. South Korea Pet Food Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Pet Food Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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