Market Overview:
The South Korea dog food market size reached US$ 1.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.7% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 1.6 Billion |
Market Forecast in 2032
|
US$ 2.4 Billion |
Market Growth Rate 2024-2032 |
4.7% |
Dog food is prepared from ingredients like meat, fish, cereals, grains, poultry, and water. It assists in boosting immunity, strengthening bones as well as muscles, maintaining a healthy weight, and reducing the risk of digestive disorders in domesticated dogs.
Dog Food Market Trends:
The escalating demand for premium-quality dog food products fortified with high animal protein, vitamins, minerals, and antibiotic and antioxidant properties represents one of the key factors positively influencing the market in South Korea. In addition, key players operating in the country are offering organic and natural dog food products in innovative variants. Moreover, the introduction of customized products according to the breed, special needs, age, and health of the dogs is contributing to the market growth. Apart from this, several hotels and restaurants in South Korea are offering assorted treats and services for dogs, which is favoring the market growth. Furthermore, increasing pet ownership, along with rising concerns among pet parents about the health and overall wellbeing of their dogs, is offering lucrative growth opportunities to key industry investors in the country.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the South Korea dog food market report, along with forecasts at the country and regional levels from 2024-2032. Our report has categorized the market based on product type, pricing type, ingredient type and distribution channel.
Breakup by Product Type:
- Dry Dog Food
- Dog Treats
- Wet Dog Food
Breakup by Pricing Type:
- Premium Products
- Mass Products
Breakup by Ingredient Type:
- Animal Derived
- Plant Derived
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Online
- Others
Breakup by Region:
- East
- West
- Southwest
- Southeast
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Segment Coverage |
Product Type, Pricing Type, Ingredient Type, Distribution Channel, Region |
Regions Covered |
East, West, Southwest, Southeast |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the South Korea dog food market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the South Korea dog food market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the pricing type?
- What is the breakup of the market based on the ingredient type?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the South Korea dog food market and who are the key players?
- What is the degree of competition in the industry