IMARC Group has recently released a new research study titled “South Korea Animal Feed Market Report by Form (Pellets, Crumbles, Mash, and Others), Animal Type (Swine, Ruminants, Poultry, Aquaculture, and Others), Ingredient (Cereals, Oilseed Meal, Molasses, Fish Oil and Fish Meal, Additives, and Others), and Region 2025-2033”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
South Korea Animal Feed Market Overview
The South Korea animal feed market size was valued at 3,699 million USD in the base year 2024 and is expected to grow at a CAGR of 2.39% during the forecast period 2025 to 2033. Growth is driven by the expanding livestock sector, rising consumption of meat, dairy, and eggs, technological advancements, increasing consumer awareness regarding animal welfare and sustainable farming practices, and ongoing research and development.
STUDY ASSUMPTION YEARS
- Base Year: 2024
- Historical Year/Period: 2019-2024
- Forecast Year/Period: 2025-2033
SOUTH KOREA ANIMAL FEED MARKET KEY TAKEAWAYS
- Current Market Size: 3,699 million USD in 2024
- CAGR: 2.39%
- Forecast Period: 2025-2033
- The growing livestock sector in South Korea is driven by increasing demand for meat, dairy, and eggs due to changing dietary habits and rising incomes.
- Demand for feedstock such as corn and soybean meal has increased in line with rising pork and poultry consumption.
- Environmental regulations have encouraged adoption of sustainable feed production practices.
- Technological advancements in feed formulation, production, and delivery have improved feed quality and efficiency.
Sample Request Link: [https://www.imarcgroup.com/south-korea-animal-feed-market/requestsample]
MARKET GROWTH FACTORS
The growing livestock sector in South Korea is a major market driver, bolstered by rising meat, dairy, and eggs consumption. Changing dietary habits and increasing incomes have led consumers to demand more protein sources, especially pork and poultry, thus increasing the need for animal feed. This sector’s growth is supported by an expanding animal population requiring quality feed mixtures designed for optimal growth and health.
Environmental concerns and more stringent regulations in livestock farming have pushed the industry toward sustainable feed production practices. These innovations aim to reduce the environmental footprint of livestock operations, promoting the adoption of eco-friendly feed formulations and production methods. This shift aligns with increased government and public focus on sustainability in agriculture.
Technological advancements in the South Korean animal feed industry have enhanced feed formulation, production, and delivery processes. Modern feed mills integrate automation and precision technologies to produce nutritionally balanced feeds more efficiently. Additionally, increasing consumer awareness about animal welfare has driven demand for feeds that support health and immunity, fostering innovation in feed additives and supplements.
MARKET SEGMENTATION
Form Insights:
- Pellets
- Crumbles
- Mash
- Others
This segment categorizes the market based on feed forms such as pellets, crumbles, mash, and other types, reflecting the diverse feed formats used in livestock farming.
Animal Type Insights:
- Swine: Starter, Finisher, Grower
- Ruminants: Calves, Dairy Cattle, Beef Cattle, Others
- Poultry: Broilers, Layers, Turkeys, Others
- Aquaculture: Carps, Crustaceans, Mackeral, Milkfish, Mollusks, Salmon, Others
- Others
This segment breaks down the market by animal types fed, addressing specific nutritional needs for swine at various growth stages, ruminants including different cattle types, poultry varieties, aquaculture species, and other animals.
Ingredient Insights:
- Cereals
- Oilseed Meal
- Molasses
- Fish Oil and Fish Meal
- Additives: Antibiotics, Vitamins, Antioxidants, Amino Acids, Feed Enzymes, Feed Acidifiers, Others
- Others
The market is segmented here by ingredients used in feed production, covering basic raw materials like cereals and oilseed meal, various additives that enhance feed nutritive value, and other components.
Regional Insights:
- Seoul Capital Area
- Yeongnam (Southeastern Region)
- Honam (Southwestern Region)
- Hoseo (Central Region)
- Others
The report provides comprehensive analysis of key South Korean regions including the capital area and major geographic divisions, each reflecting distinct market dynamics and feed demand.
REGIONAL INSIGHTS
The report identifies the Seoul Capital Area as a dominant region within the South Korea animal feed market. However, specific statistics such as market shares or regional CAGR values are not provided in the source.
A detailed regional analysis covers the Yeongnam, Honam, Hoseo regions, and others to give a comprehensive view of geographical demand variability.
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