South Korea Dog Food Market Overview 2023-2028
IMARC Group, a leading market research company, has recently releases report titled “South Korea dog food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the South Korea dog food market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The South Korea dog food market size reached US$ 1.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.3% during 2023-2028.
Dog food, also known as canine food, refers to specially formulated and processed food designed for consumption by domestic dogs. It includes meat, poultry, fish, grains, vegetables, and fruits that provide essential nutrients and sustenance to meet the dietary needs of dogs for growth, maintenance, and overall health. It is available in various forms, including dry kibble, canned, semi-moist, and raw, that cater to different preferences and nutritional needs of dogs. It is packaged in airtight containers, such as bags, cans, and pouches, to ensure freshness and convenience. Besides this, it promotes dental health by reducing plaque and tartar buildup when chewed.
South Korea Dog Food Market Trends and Drivers:
The increasing number of families welcoming dogs into their homes represents one of the key factors catalyzing the demand for quality dog food in South Korea. Additionally, the rising awareness among owners about maintaining the health and wellness of their pets is driving the need for dog food with specific health benefits, such as weight management, joint health, and dental care. Apart from this, the rising preferences for natural and organic ingredients in dog food is encouraging manufacturers to introduce products free from artificial additives and preservatives. Moreover, veterinarian endorsements and recommendations for specific dog food brands or formulations are propelling the market growth.The report segmented the market on the basis of region, 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
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Services Private Limited.
134 N 4th St. Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800