Market Overview 2022-2027:
The latest research study “South Korea Dog Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the South Korea dog food market is expected to exhibit a CAGR of 6.68% during 2022-2027.
Industry Definition and Application:
Dog food represents pet food that is prepared from ingredients, such as meat, fish, cereals, wheat, rice, vegetable oil, bone meal, grains, poultry, water, etc. It assists in repairing damaged cells, regulating digestion, reducing irritation caused by environmental conditions and allergies, strengthening bones as well as muscles, maintaining a healthy weight, etc. Dog food is generally formulated and intended to meet the water and nutritional requirements of other related canines. Furthermore, it is commonly available in the form of snacks, treats, kibble, pellets, liquid supplements, etc., across South Korea.
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The widespread product adoption that is fortified with high animal protein, vitamins, minerals, antibiotic and antioxidant properties, etc., is primarily driving the South Korea dog food market. Additionally, the growing concerns among pet parents towards the health and overall well-being of their dogs are further catalyzing the market growth. Besides this, various hotels and restaurants are offering assorted treats and services for domesticated animals, which is acting as another significant growth-inducing factor.
Moreover, the emerging trend of pet humanization and the escalating demand for dog food with better nutrient content and palatability are also augmenting the market growth across the country. Apart from this, the introduction of organic variants in innovative flavors by the leading manufacturers is anticipated to fuel the South Korea dog food market over the forecasted period.
|South Korea Dog Food Market Report Scope|
|Growth Rate||CAGR of 6.68% from 2022 to 2027|
|Base year for estimation||2021|
|Report coverage||Revenue forecast, company ranking, competitive landscape, growth factors, and trends|
|Segments covered||Product Type, Pricing Type, Ingredient Type, Distribution Channel and Region|
The report has been segmented the market into following categories:
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
Breakup by Geography:
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