Market Overview

According to the latest market study results, the pet food market in South Korea stood at around USD 1,650 million in 2022 and is projected to rise to a worth of USD 2,432 million by 2028 end, thereby garnering a CAGR of 6.7% during 2023-2028. The presence of pets in people’s lives offers numerous well-being benefits. Humans tend to attribute socially-supportive qualities to their pets, which can result in a sense of receiving social support from them. In contemporary times, a significant majority of dog and cat owners consider their pets as integral members of their families, on par with other human family members. This growing trend of humanizing pets has emerged as a key driver for the pet food market.

As pets are increasingly regarded as family members, their care and hygiene have become paramount. This shift in perception has led to a surge in consumer demand for high-quality pet food products. Pet owners are seeking food options that not only meet the nutritional requirements of their beloved companions but also reflect their commitment to providing them with the utmost care and well-being.

The report provides a comprehensive overview of the South Korea pet food industry, covering a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, taking into consideration factors such as animal type, product type, ingredient, and distribution channel. By examining these aspects, the report offers valuable insights into the potential of the pet food industry. Moreover, the report presents statistical information, including market size, market share, growth rate, and forecasts specifically tailored to the pet food industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make well-informed decisions, and identify growth opportunities within the sector.

Market Segmentation

The pet food market in South Korea is segmented as below:
Animal type: birds, cats, dogs, fish, and others
Product type: dry pet food, treats and mixers, wet pet food, and others
Ingredient: animal derived, cereals and cereal derivatives, plant derived, and others
Distribution channel: supermarkets and hypermarkets, grocery stores, pet stores, e-commerce, veterinary clinics, and others

The South Korea pet food market is segmented on the basis of animal type, product type, ingredient, and distribution channel. On the basis of animal type, the pet food market in South Korea has been segmented into birds, cats, dogs, fish, and others. By product type, the pet food market in South Korea has been segmented into dry pet food, treats and mixers, wet pet food, and others. Based on ingredient, the pet food market in South Korea is categorized into animal derived, cereals and cereal derivatives, plant derived, and others. On the basis of distribution channel, the pet food market in South Korea has been segmented into supermarkets and hypermarkets, grocery stores, pet stores, e-commerce, veterinary clinics, and others.

Competitive Landscape

The South Korea pet food market is highly competitive. Key companies profiled in the report include Mars Incorporated, Wooriwa Co. Ltd., Daejoo Co. Ltd., Natural Core Co. Ltd., Harim Co. Ltd., Cargill Incorporated, INABA PETFOOD Co. Ltd., Nestle S.A., Petcurean Pet Products Inc. (PPN Limited Partnership), Sajo Group Inc., Colgate-Palmolive Company, Dongwon Group, Pet The Man Co Ltd., ZIWI Limited, Nexus Capital Management LP (Natural Balance), Interpet Korea Co. Ltd., CHD Medics Co. Ltd., Champion Petfoods LP, Forcans Inc., Vitakraft pet care GmbH & Co. KG, GN Food Co. Ltd., Cho and Kang Co. Ltd., Pet Channel Co. Ltd.

The report is an indispensable tool for companies and organizations operating in the pet food industry. It offers a comprehensive overview of the market, empowering industry executives, policy makers, academics, and analysts to make well-informed decisions. The report provides valuable insights and analysis, presenting a cohesive and detailed perspective on the pet food market.

Why Buy This Report?

Provide statistical data or estimations for the South Korea pet food market
Formulate regional strategies and determine strategic priorities based on local data analysis
Gain a comprehensive understanding of the pet food market in South Korea
Identify promising investment opportunities by pinpointing growth sectors and emerging trends
Understand what the future of the pet food market in South Korea looks like
Analyze the competitive landscape and identify the optimal timing for seizing opportunities

Table of Contents

TABLE OF CONTENTS
FIGURES AND TABLES
1. Scope and Methodology
1.1 Key Findings
1.2 Report Scope
1.3 Research Methodology
2. Market Overview
3. South Korea Pet Food Market – Animal Type Analysis
3.1 Birds
3.2 Cats
3.3 Dogs
3.4 Fish
3.5 Others
4. South Korea Pet Food Market – Product Type Analysis
4.1 Dry pet food
4.2 Treats and mixers
4.3 Wet pet food
4.4 Others
5. South Korea Pet Food Market – Ingredient Analysis
5.1 Animal derived
5.2 Cereals and cereal derivatives
5.3 Plant derived
5.4 Others
6. South Korea Pet Food Market – Distribution Channel Analysis
6.1 Supermarkets and hypermarkets
6.2 Grocery stores
6.3 Pet stores
6.4 E-commerce
6.5 Veterinary clinics
6.6 Others
7. Company Profiles
7.1 Mars, Incorporated
7.2 Wooriwa Co., Ltd.
7.3 Daejoo Co., Ltd.
7.4 Natural Core Co., Ltd.
7.5 Harim Co., Ltd.
7.6 Cargill, Incorporated
7.7 INABA PETFOOD Co., Ltd.
7.8 Nestle S.A.
7.9 Petcurean Pet Products, Inc. (PPN Limited Partnership)
7.10 Sajo Group Inc.
7.11 Colgate-Palmolive Company
7.12 Dongwon Group
7.13 Pet The Man Co Ltd.
7.14 ZIWI Limited
7.15 Nexus Capital Management LP (Natural Balance)
7.16 Interpet Korea Co., Ltd.
7.17 CHD Medics Co., Ltd.
7.18 Champion Petfoods LP
7.19 Forcans Inc.
7.20 Vitakraft pet care GmbH & Co. KG
7.21 GN Food Co., Ltd.
7.22 Cho and Kang Co., Ltd.
7.23 Pet Channel Co., Ltd.
DISCLAIMER

Companies Mentioned

Mars, Incorporated
Wooriwa Co., Ltd.
Daejoo Co., Ltd.
Natural Core Co., Ltd.
Harim Co., Ltd.
Cargill, Incorporated
INABA PETFOOD Co., Ltd.
Nestle S.A.
Petcurean Pet Products, Inc. (PPN Limited Partnership)
Sajo Group Inc.
Colgate-Palmolive Company
Dongwon Group
Pet The Man Co Ltd.
ZIWI Limited
Nexus Capital Management LP (Natural Balance)
Interpet Korea Co., Ltd.
CHD Medics Co., Ltd.
Champion Petfoods LP
Forcans Inc.
Vitakraft pet care GmbH & Co. KG
GN Food Co., Ltd.
Cho and Kang Co., Ltd.
Pet Channel Co., Ltd.