Market Overview

In 2023, the pet food market in South Korea stood at USD 2,538 million. Recording a CAGR of 6.8% from 2024 to 2029, the worth is projected to reach ~USD 3,767 million by 2029, according to the latest market data. In South Korea, the pet food market is propelled by a pronounced shift towards premium and natural products, as pet owners increasingly treat their pets as family members and prioritize their health and well-being. The aging population is also contributing to market growth, with older consumers often investing more in the care of companion animals. Furthermore, the trend towards smaller households and single-person living arrangements is driving higher pet adoption rates, leading to increased demand for specialized and high-quality pet food options tailored to different breeds and life stages.

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 pet type, type, pricing, 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:
Pet type: cat (dry food, wet food, toppers & mixers), dog (dry food, wet food, toppers & mixers), bird, fish, and others
Type: therapeutic pet foods, and non-therapeutic pet foods
Pricing: economy pet food, and premium/super premium pet food
Ingredient: acidity regulators, cereals, coloring agents, fats and oils, flours, humectants, proteins, sweeteners, vitamins and minerals, and others
Distribution channel: convenience stores, supermarkets and hypermarkets, warehouse clubs, grocery stores, small grocery stores, pet shops, e-commerce, veterinary clinics, and others

The South Korea pet food market is segmented on the basis of pet type, type, pricing, ingredient, and distribution channel. Based on pet type, the pet food market in South Korea is categorized into cat (dry food, wet food, toppers & mixers), dog (dry food, wet food, toppers & mixers), bird, fish, and others. On the basis of type, the pet food market in South Korea has been segmented into therapeutic pet foods, and non-therapeutic pet foods. By pricing, the pet food market in South Korea has been segmented into economy pet food, and premium/super premium pet food. Based upon ingredient, the pet food market in South Korea is categorized into acidity regulators, cereals, coloring agents, fats and oils, flours, humectants, proteins, sweeteners, vitamins and minerals, and others. On the basis of distribution channel, the pet food market in South Korea has been segmented into convenience stores, supermarkets and hypermarkets, warehouse clubs, grocery stores, small grocery stores, pet shops, e-commerce, veterinary clinics, and others.

Competitive Landscape

The South Korea pet food market is highly competitive. The competitive landscape of the industry has also been examined along with the profiles of the key players ZIWI Limited, Yuhan Corporation, Wooriwa Co. Ltd., Wellness Pet Company, Vitakraft pet care GmbH & Co. KG, Sungbo Pet Healthcare Inc., Sajo Group Inc., Petcurean Pet Products Inc. (PPN Limited Partnership), Pet World Co. Ltd., Pet The Man Co Ltd., Pet Channel Co. Ltd., Nestle S.A., Natural Core Co. Ltd., MRS International Co. Ltd., Medicopet Co. Ltd., Mars Incorporated, KT&G Corporation, INABA PETFOOD Co. Ltd., Harim Co. Ltd., GN Food Co. Ltd., Forcans Inc., Ethos Pet Brands LLC, Dongwon Group, Daejoo Co. Ltd., Colgate-Palmolive Company, Cho and Kang Co. Ltd., CHD Medics Co. Ltd., Cargill Incorporated, Bowwow Korea Co. Ltd., Anbio Inc.

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 – Pet Type Analysis
3.1 Cat (dry food, wet food, toppers & mixers)
3.2 Dog (dry food, wet food, toppers & mixers)
3.3 Bird
3.4 Fish
3.5 Others
4. South Korea Pet Food Market – Type Analysis
4.1 Therapeutic pet foods
4.2 Non-therapeutic pet foods
5. South Korea Pet Food Market – Pricing Analysis
5.1 Economy pet food
5.2 Premium/super premium pet food
6. South Korea Pet Food Market – Ingredient Analysis
6.1 Acidity regulators
6.2 Cereals
6.3 Coloring agents
6.4 Fats and oils
6.5 Flours
6.6 Humectants
6.7 Proteins
6.8 Sweeteners
6.9 Vitamins and minerals
6.10 Others
7. South Korea Pet Food Market – Distribution Channel Analysis
7.1 Convenience stores
7.2 Supermarkets and hypermarkets
7.3 Warehouse clubs
7.4 Grocery stores
7.5 Small grocery stores
7.6 Pet shops
7.7 E-commerce
7.8 Veterinary clinics
7.9 Others
8. Company Profiles
8.1 ZIWI Limited
8.2 Yuhan Corporation
8.3 Wooriwa Co., Ltd.
8.4 Wellness Pet Company
8.5 Vitakraft pet care GmbH & Co. KG
8.6 Sungbo Pet Healthcare Inc.
8.7 Sajo Group Inc.
8.8 Petcurean Pet Products, Inc. (PPN Limited Partnership)
8.9 Pet World Co., Ltd.
8.10 Pet The Man Co Ltd.
8.11 Pet Channel Co., Ltd.
8.12 Nestle S.A.
8.13 Natural Core Co., Ltd.
8.14 MRS International Co., Ltd.
8.15 Medicopet Co., Ltd.
8.16 Mars, Incorporated
8.17 KT&G Corporation
8.18 INABA PETFOOD Co., Ltd.
8.19 Harim Co., Ltd.
8.20 GN Food Co., Ltd.
8.21 Forcans Inc.
8.22 Ethos Pet Brands LLC
8.23 Dongwon Group
8.24 Daejoo Co., Ltd.
8.25 Colgate-Palmolive Company
8.26 Cho and Kang Co., Ltd.
8.27 CHD Medics Co., Ltd.
8.28 Cargill, Incorporated
8.29 Bowwow Korea Co., Ltd.
8.30 Anbio Inc.
DISCLAIMER

Companies Mentioned

ZIWI Limited
Yuhan Corporation
Wooriwa Co., Ltd.
Wellness Pet Company
Vitakraft pet care GmbH & Co. KG
Sungbo Pet Healthcare Inc.
Sajo Group Inc.
Petcurean Pet Products, Inc. (PPN Limited Partnership)
Pet World Co., Ltd.
Pet The Man Co Ltd.
Pet Channel Co., Ltd.
Nestle S.A.
Natural Core Co., Ltd.
MRS International Co., Ltd.
Medicopet Co., Ltd.
Mars, Incorporated
KT&G Corporation
INABA PETFOOD Co., Ltd.
Harim Co., Ltd.
GN Food Co., Ltd.
Forcans Inc.
Ethos Pet Brands LLC
Dongwon Group
Daejoo Co., Ltd.
Colgate-Palmolive Company
Cho and Kang Co., Ltd.
CHD Medics Co., Ltd.
Cargill, Incorporated
Bowwow Korea Co., Ltd.
Anbio Inc.