South Korea Pet Healthcare Market 2024

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According to the latest data, the market size of the pet healthcare industry in South Korea is expected to rise by USD 28.5 million with a CAGR of 6.5% by the end of 2029. The South Korea pet healthcare market is expanding, propelled by a growing pet population and the rising trend of pet humanization. Increased consumer spending on premium veterinary services and specialized care is driving market demand. The sector is also benefiting from advancements in veterinary medicine and the adoption of digital health solutions, which are enhancing the accessibility and quality of pet healthcare across the country.

The report delivers an in-depth analysis of the South Korea pet healthcare industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product type, pet type, and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the pet healthcare market.


Market Segmentation


The following outlines the segmentation of the pet healthcare market in South Korea:
Product type: flea and tick prevention products, pet vitamins and supplements, pet wormers, others
Pet type: cat, dog, others
Distribution channel: supermarkets and hypermarkets, pet shops, veterinary clinics, e-commerce, others

The South Korea pet healthcare market is segmented on the basis of product type, pet type, and distribution channel. On the basis of product type, the pet healthcare market in South Korea has been segmented into flea and tick prevention products, pet vitamins and supplements, pet wormers, and others. By pet type, the pet healthcare market in South Korea has been segmented into cat, dog, and others. Based on distribution channel, the pet healthcare market in South Korea is categorized into supermarkets and hypermarkets, pet shops, veterinary clinics, e-commerce, and others.


Competitive Landscape


The South Korea pet healthcare market is highly competitive. Key companies profiled in the report include Virbac S.A., Vetoquinol SA, SB Biopharm, Korea Nutrition Research Center(KNRC), GREEN VET Co. Ltd., Forcans Inc., Daewoong Pharmaceutical Co. Ltd., Chong Kun Dang Holdings Corp., Cho and Kang Co. Ltd., Boehringer Ingelheim Auslandsbeteiligungs GmbH, Anbio Inc., Alchem Bio Co. Ltd., ALC INovators Inc.

This report delivers an in-depth breakdown of key players within the South Korea pet healthcare market, outlining their performance from 2019 through 2023. The data reveals significant shifts in market share, highlighting both dominant players and emerging competitors. Armed with this information, businesses can sharpen their competitive edge, adjusting their strategies to navigate a shifting market landscape and positioning themselves for long-term growth.


Why Buy This Report?


Obtain precise statistical data and forecasts for the South Korea pet healthcare market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the South Korea pet healthcare market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the South Korea pet healthcare market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.


Table of Contents


TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewSouth Korea pet healthcare market – product type analysis
South Korea pet healthcare market – pet type analysis
South Korea pet healthcare market – distribution channel analysis
Key players and market share
– Virbac S.A.
– Vetoquinol SA
– SB Biopharm
– Korea Nutrition Research Center(KNRC)
– GREEN VET Co., Ltd.

Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table South Korea pet healthcare market 2019-2029
Chart South Korea pet healthcare market, net growth, 2019-2029
Chart South Korea pet healthcare market, growth rates, 2019-2029
Table South Korea pet healthcare market by product type, 2019-2029
Chart South Korea pet healthcare market by product type, CAGR historic and forecast, 2019-2029
Chart South Korea pet healthcare market by product type, 2019-2029
Table South Korea pet healthcare market by pet type, 2019-2029
Chart South Korea pet healthcare market by pet type, CAGR historic and forecast, 2019-2029
Chart South Korea pet healthcare market by pet type, 2019-2029
Table South Korea pet healthcare market by distribution channel, 2019-2029
Chart South Korea pet healthcare market by distribution channel, CAGR historic and forecast, 2019-2029
Chart South Korea pet healthcare market by distribution channel, 2019-2029
Table South Korea pet healthcare market share (%), by companies, 2019-2023
Chart South Korea pet healthcare market, by companies, 2023
Table South Korea pet healthcare market share (%), by brands, 2019-2023
Chart South Korea pet healthcare market, by brands, 2023
Table South Korea – population (millions) and forecast
Table South Korea – consumer price index (CPI) and forecast
Table South Korea – gross domestic product and forecast
Table South Korea pet healthcare market: spend as a proportion of GDP (%)
Table South Korea pet healthcare market: consumption per capita (population)


Product Type

Industry Statistics

Region

Asia Pacific

Published Date

2024

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