South Korea Dog Food Market Overview 2023-2028
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 is a specialized nutrition product that is designed to maintain their health and well-being. It is crafted with a blend of nutrients, proteins, vitamins, and minerals to provide the essential elements necessary for optimal growth, energy levels, and overall vitality. As it addresses various dietary requirements based on the age, size, breed, and health conditions of dogs and ensures enhanced nourishment for healthy and active lives, the demand for dog food is increasing in South Korea.
South Korea Dog Food Market Trends and Drivers:
At present, the rising demand for high-quality and nutritional food for furry companions of pet owners represents one of the key factors supporting the growth of the market in South Korea. Besides this, the increasing preference for commercially produced dog food that is formulated by experts to meet specific dietary needs as compared to traditional homemade diets is strengthening the growth of the market in the country. In addition, the rising popularity of food options without artificial additives is offering lucrative growth opportunities to industry investors in South Korea. Apart from this, the wide availability of dog food through online and offline distribution channels in the country is positively influencing the market. Furthermore, the rising adoption of safe and clean-label products with no side effects is bolstering the growth of the market in South Korea.
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.
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