NOW IT’S TIME TO GET IN :
PET CARE MARKET IN SOUTH KOREA
The pet care industry in South Korea is crossing the bridge from an emerging to a mature market.
As the value portion of premium brands and the pet humanisation trend are accelerating, now is the best time to meet the demand for new products.
As the value portion of premium brands and the pet humanisation trend are accelerating, now is the best time to meet the demand for new products.
Key Figures
Pet care market size of South Korea, 2021
South Korea is classified as a developed country in the global pet care market in terms of value per pet.
Market growth(CAGR%) is slowing down in short-term due to strict regulation for breeders and pet shop owners,
but the change will lead the demand of premium pet care brands.
Dog and cat food market size by
regions and country, 2021
regions and country, 2021
Pet care market size by
regions and country, 2021
regions and country, 2021
Global Pet Care Brands in South Korea
Pet care brands classification within top 10
In South Korea, global brands had been the major contributors shaping the pet food market for a long time.
Although there has been an increase in sales of domestic economy brands targeted at dogs living outdoors in the countryside, global brands still dominate the market in value terms due to their high credibility.
Although there has been an increase in sales of domestic economy brands targeted at dogs living outdoors in the countryside, global brands still dominate the market in value terms due to their high credibility.