Search for a report

SOUTH KOREA PET FOOD MARKET FORECAST 2022-2028

  • You are here:
  • Home
  • Downloads
  • SOUTH KOREA PET FOOD MARKET FORECAST 2022-2028

SOUTH KOREA PET FOOD MARKET FORECAST 2022-2028

In terms of revenue, the South Korea pet food market was valued at $xx billion in 2021 and is estimated to reach $1.77 billion by 2028, growing at a CAGR of 5.63% during the forecast period. In terms of volume, the South Korea pet food market was valued at xx kilotons in 2021 and is anticipated to reach 204.91 kilotons by 2028, growing at a CAGR of 3.79% during the forecasting period.

SOUTH KOREA PET FOOD MARKET FORECAST 2022-2028

South Korea Pet Food Market by Food Type (Dry Pet Food, Wet Pet Food, Other Pet Food Types) Market by Animal Type (Dogs, Cats, Other Animals) Market by Distribution Channels (Store Based, Veterinary, E-commerce, Other Distribution Channels)

Request free sample

In terms of revenue, the South Korea pet food market was valued at $xx billion in 2021 and is estimated to reach $1.77 billion by 2028, growing at a CAGR of 5.63% during the forecast period. In terms of volume, the South Korea pet food market was valued at xx kilotons in 2021 and is anticipated to reach 204.91 kilotons by 2028, growing at a CAGR of 3.79% during the forecasting period.

The base year considered for the market studied is 2021 and the analysis period is from 2022 to 2028.

Some of the top drivers reinforcing the growth of the South Korea pet food market include increasing purchases for stray cats and pet humanization trends. Cat food, specifically for stray cats, is expected to rise with the growing demand over the forecast period. This is mainly accredited to the country’s move towards prioritizing animal welfare. In this regard, consumers, as well as the government, along with the company’s CSR departments, are investing their time and money in caring for stray cats.

However, the market may face several challenges like increased raw material prices and stringent regulations associated with pet food. In addition to the procedures involved in regular quarantine and customs clearance, there are no specific health guidelines for pet food if the requirements for packaging as well as labeling meet Korean standards. Moreover, the Korea Food and Drug Administration is mainly responsible for all the imports related to pet food.

The report on the South Korea pet food market includes segmentation analysis on the basis of animal type and distribution channels.

Market by Animal Type:

  • Dog Pet Food
    • By Category
      • Dry Pet Food
      • Wet Pet Food
      • Treats & Mixers
    • By Price Band
      • Economy
      • Mid-Sized
      • Premium
  • Cat Pet Food
    • By Category
      • Dry Pet Food
      • Cat Pet Food
      • Treats & Mixers
    • By Pet Food
      • Economy
      • Mid-Sized
      • Premium
  • Other Animals Pet Food

Market by Distribution Channels:

  • Store-Based Retailing
  • Veterinary Clinics
  • E-Commerce
  • Others

Wooriwa Co Ltd secured the largest market share of 15% in the year 2020. Headquartered in South Korea, Wooriwa is a pet food manufacturer, pet service as well as distribution company. It also provides pet services and pet hospital operations.

To request a free sample copy of this report, please complete the form below:

We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.


    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • PESTLE ANALYSIS
      • KEY GROWTH ENABLERS
      • KEY GROWTH CHALLENGES
    3. KEY ANALYTICS
      • IMPACT OF COVID-19 ON SOUTH KOREA PET FOOD MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VALUE CHAIN ANALYSIS
        • RAW MATERIAL SUPPLIER
        • MANUFACTURER
        • DISTRIBUTION CENTER
        • END-USER
      • KEY BUYING CRITERIA
        • PRODUCT QUALITY
        • PRODUCT TYPE
        • PACKAGING
        • BRAND
        • PRICE
    1. MARKET BY ANIMAL TYPE (VALUE IN MILLION $ & VOLUME IN KILOTONS)
      • DOG PET FOOD
        • DOG PET FOOD – BY CATEGORY
          • DRY PET FOOD (DOG)
          • WET PET FOOD (DOG)
          • TREATS & MIXERS (DOG)
        • DOG PET FOOD – BY PRICE BAND
          • ECONOMY (DOG)
          • MID-PRICED (DOG)
          • PREMIUM (DOG)
      • CAT PET FOOD
        • CAT PET FOOD – BY CATEGORY
          • DRY PET FOOD (CAT)
          • WET PET FOOD (CAT)
          • TREATS & MIXERS (CAT)
        • CAT PET FOOD – BY PRICE BAND
          • ECONOMY (CAT)
          • MID-PRICED (CAT)
          • PREMIUM (CAT)
      • OTHER ANIMALS PET FOOD
    1. MARKET BY DISTRIBUTION CHANNELS (VALUE IN $ MILLION)
      • STORE-BASED RETAILING
      • VETERINARY CLINICS
      • E-COMMERCE
      • OTHERS
    2. COMPETITIVE LANDSCAPE
      • MARKET SHARE ANALYSIS
        • DOG FOOD
        • CAT FOOD
      • BRAND SHARE ANALYSIS
        • DOG FOOD
        • CAT FOOD
      • COMPANY PROFILES
        • DAEJOO INC
        • MARS INCORPORATED
        • NATURAL CORE CO LTD
        • ROYAL CANIN SAS
        • WOORIWA CO LTD

    LIST OF TABLES

    TABLE 1: SOUTH KOREA PET FOOD MARKET, BY ANIMAL TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 2: SOUTH KOREA PET FOOD MARKET, BY ANIMAL TYPE, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 3: SOUTH KOREA PET FOOD MARKET, BY ANIMAL TYPE, HISTORICAL YEARS, 2018-2021 (IN KILOTONS)

    TABLE 4: SOUTH KOREA PET FOOD MARKET, BY ANIMAL TYPE, FORECAST YEARS, 2022-2028 (IN KILOTONS)

    TABLE 5: SOUTH KOREA DOG PET FOOD MARKET, BY CATEGORY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 6: SOUTH KOREA DOG PET FOOD MARKET, BY CATEGORY, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 7: SOUTH KOREA DOG PET FOOD MARKET, BY CATEGORY, HISTORICAL YEARS, 2018-2021 (IN KILOTONS)

    TABLE 8: SOUTH KOREA DOG PET FOOD MARKET, BY CATEGORY, FORECAST YEARS, 2022-2028 (IN KILOTONS)

    TABLE 9: SOUTH KOREA DOG PET FOOD MARKET, BY PRICE BAND, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 10: SOUTH KOREA DOG PET FOOD MARKET, BY PRICE BAND, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 11: SOUTH KOREA DOG PET FOOD MARKET, BY PRICE BAND, HISTORICAL YEARS, 2018-2021 (IN KILOTONS)

    TABLE 12: SOUTH KOREA DOG PET FOOD MARKET, BY PRICE BAND, FORECAST YEARS, 2022-2028 (IN KILOTONS)

    TABLE 13: SOUTH KOREA CAT PET FOOD MARKET, BY CATEGORY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 14: SOUTH KOREA CAT PET FOOD MARKET, BY CATEGORY, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 15: SOUTH KOREA CAT PET FOOD MARKET, BY CATEGORY, HISTORICAL YEARS, 2018-2021 (IN KILOTONS)

    TABLE 16: SOUTH KOREA CAT PET FOOD MARKET, BY CATEGORY, FORECAST YEARS, 2022-2028 (IN KILOTONS)

    TABLE 17: SOUTH KOREA CAT PET FOOD MARKET, BY PRICE BAND, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 18: SOUTH KOREA CAT PET FOOD MARKET, BY PRICE BAND, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 19: SOUTH KOREA CAT PET FOOD MARKET, BY PRICE BAND, HISTORICAL YEARS, 2018-2021 (IN KILOTONS)

    TABLE 20: SOUTH KOREA CAT PET FOOD MARKET, BY PRICE BAND, FORECAST YEARS, 2022-2028 (IN KILOTONS)

    TABLE 21: SOUTH KOREA PET FOOD MARKET, BY DISTRIBUTION CHANNELS, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 22: SOUTH KOREA PET FOOD MARKET, BY DISTRIBUTION CHANNELS, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 23: SOUTH KOREA PET FOOD MARKET, MARKET SHARE ANALYSIS, 2018 & 2021 (IN %)

    TABLE 24: SOUTH KOREA PET FOOD MARKET, BRAND SHARE ANALYSIS, 2018 & 2021 (IN %)                                   

    LIST OF FIGURES

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VALUE CHAIN ANALYSIS

    FIGURE 5: KEY BUYING CRITERIA

    FIGURE 6: SOUTH KOREA PET FOOD MARKET, GROWTH POTENTIAL, BY ANIMAL TYPE, IN 2021

    FIGURE 7: SOUTH KOREA PET FOOD MARKET, BY DOG PET FOOD, 2022-2028 (IN $ MILLION)

    FIGURE 8: SOUTH KOREA DOG PET FOOD MARKET, BY DRY FOOD, 2022-2028 (IN $ MILLION)

    FIGURE 9: SOUTH KOREA DOG PET FOOD MARKET, BY WET FOOD, 2022-2028 (IN $ MILLION)

    FIGURE 10: SOUTH KOREA DOG PET FOOD MARKET, BY TREATS & MIXERS, 2022-2028 (IN $ MILLION)

    FIGURE 11: SOUTH KOREA DOG PET FOOD MARKET, BY ECONOMY, 2022-2028 (IN $ MILLION)

    FIGURE 12: SOUTH KOREA DOG PET FOOD MARKET, BY MID-PRICED, 2022-2028 (IN $ MILLION)

    FIGURE 13: SOUTH KOREA DOG PET FOOD MARKET, BY PREMIUM, 2022-2028 (IN $ MILLION)

    FIGURE 14: SOUTH KOREA PET FOOD MARKET, BY CAT PET FOOD, 2022-2028 (IN $ MILLION)

    FIGURE 15: SOUTH KOREA CAT PET FOOD MARKET, BY DRY FOOD, 2022-2028 (IN $ MILLION)

    FIGURE 16: SOUTH KOREA CAT PET FOOD MARKET, BY WET FOOD, 2022-2028 (IN $ MILLION)

    FIGURE 17: SOUTH KOREA CAT PET FOOD MARKET, BY TREATS & MIXERS, 2022-2028 (IN $ MILLION)

    FIGURE 18: SOUTH KOREA CAT PET FOOD MARKET, BY ECONOMY, 2022-2028 (IN $ MILLION)

    FIGURE 19: SOUTH KOREA CAT PET FOOD MARKET, BY MID-PRICED, 2022-2028 (IN $ MILLION)

    FIGURE 20: SOUTH KOREA CAT PET FOOD MARKET, BY PREMIUM, 2022-2028 (IN $ MILLION)

    FIGURE 21: SOUTH KOREA ANIMAL PET FOOD MARKET, BY OTHER ANIMALS PET FOOD, 2022-2028 (IN $ MILLION)

    FIGURE 22: SOUTH KOREA PET FOOD MARKET, GROWTH POTENTIAL, BY DISTRIBUTION CHANNELS, IN 2021

    FIGURE 23: SOUTH KOREA PET FOOD MARKET, BY STORE-BASED RETAILING, 2022-2028 (IN $ MILLION)

    FIGURE 24: SOUTH KOREA PET FOOD MARKET, BY VETERINARY CLINICS, 2022-2028 (IN $ MILLION)

    FIGURE 25: SOUTH KOREA PET FOOD MARKET, BY E-COMMERCE, 2022-2028 (IN $ MILLION)

    FIGURE 26: SOUTH KOREA PET FOOD MARKET, BY OTHERS, 2022-2028 (IN $ MILLION)

    FIGURE 27: SOUTH KOREA DOG PET FOOD MARKET, MARKET SHARE ANALYSIS, 2018 & 2021 (IN %)

    FIGURE 28: SOUTH KOREA DOG PET FOOD MARKET, MARKET SHARE ANALYSIS, 2018 & 2021 (IN %)

    FIGURE 29: SOUTH KOREA DOG PET FOOD MARKET, BRAND SHARE ANALYSIS, 2018 & 2021 (IN %)

    FIGURE 30: SOUTH KOREA CAT PET FOOD MARKET, BRAND SHARE ANALYSIS, 2018 & 2021 (IN %)       

    1. MARKET BY ANIMAL TYPE (VALUE IN MILLION $ & VOLUME IN KILOTONS)
      • DOG PET FOOD
        • DOG PET FOOD – BY CATEGORY
          • DRY PET FOOD (DOG)
          • WET PET FOOD (DOG)
          • TREATS & MIXERS (DOG)
        • DOG PET FOOD – BY PRICE BAND
          • ECONOMY (DOG)
          • MID-PRICED (DOG)
          • PREMIUM (DOG)
      • CAT PET FOOD
        • CAT PET FOOD – BY CATEGORY
          • DRY PET FOOD (CAT)
          • WET PET FOOD (CAT)
          • TREATS & MIXERS (CAT)
        • CAT PET FOOD – BY PRICE BAND
          • ECONOMY (CAT)
          • MID-PRICED (CAT)
          • PREMIUM (CAT)
      • OTHER ANIMALS PET FOOD
    1. MARKET BY DISTRIBUTION CHANNELS (VALUE IN $ MILLION)
      • STORE-BASED RETAILING
      • VETERINARY CLINICS
      • E-COMMERCE
      • OTHERS

    To request a free sample copy of this report, please complete the form below :

    We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.


      Choose License Type

      Buy Now