Globally, dogs are the most popular pet, owned by 33% of respondents, with cats coming in second, at 23%. Fish (12%), birds (6%), and other pet types (6%) all rank significantly lower. Dogs can have many positive effects on the lives of their owners. They influence social, emotional, and cognitive development in children, promote an active lifestyle, provide companionship, and have even been able to detect oncoming epileptic seizures or the presence of certain cancers. Dogs can also help to relieve stress and anxiety in people. According to latest analysis by Gen Consulting Company, the dog food in South Korea market was USD 850 million in 2021 and is expected to reach USD 1,087 million in 2028 and register a CAGR of 3.6% during the forecast period, 2022-2028.
This industry report offers market estimates of the South Korea market, followed by a detailed analysis of the product, price range, and distribution channel. The South Korea market data on dog food can be segmented by product: dry foods, treats, toppers, or mixers, wet food. Among these, the dry foods segment was accounted for the highest revenue generator in 2021. Dog food market is further segmented by price range: economy dog food, premium dog food. Based on distribution channel, the dog food market is segmented into: e-commerce, pet specialty stores, supermarkets & hypermarkets, veterinary clinics, others.
The South Korea dog food market is highly competitive. The report also includes the profiles of leading companies such as Mars Incorporated, Wooriwa Co. Ltd., Natural Core Co. Ltd., Cargill Incorporated, Harim Co. Ltd., Petcurean Pet Products Inc. (PPN Limited Partnership), Pet The Man Co Ltd., Colgate-Palmolive Company, CHD Medics Co. Ltd., Sajo Group Inc., Nexus Capital Management LP (Natural Balance), Nestle S.A., Daejoo Co. Ltd., Bowwow Korea Co. Ltd., Forcans Inc.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive coverage of the market across different market segments, the report is a valuable asset for the existing players, new entrants and the future investors.
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| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Base Year | 2021 |
| Forecast Year | 2022-2028 |
| CAGR (2022-2028) | 3.56% |
| Pages | 23 |
| Key Players | Mars Incorporated, Wooriwa Co. Ltd., Natural Core Co. Ltd., Cargill Incorporated, Harim Co. Ltd., Petcurean Pet Products Inc. (PPN Limited Partnership), Pet The Man Co Ltd., Colgate-Palmolive Company, CHD Medics Co. Ltd., Sajo Group Inc., Nexus Capital Management LP (Natural Balance), Nestle S.A., Daejoo Co. Ltd., Bowwow Korea Co. Ltd., Forcans Inc. |
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