South Korea Organic and Natural Pet Food Market Share, Size, Growth 2023-2028

South Korea Organic and Natural Pet Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A4730

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Market Overview:

The South Korea organic and natural pet food market size reached US$ 64.9 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 143.2 Million by 2028, exhibiting a growth rate (CAGR) of 13.7% during 2023-2028.

Organic and natural pet food refers to specialty products for domesticated animals that are free of synthetic hormones, pesticides, antibiotics and preservatives. They contain essential nutrients, such as vitamins, proteins, fatty acids, amino acids and minerals and are commonly available in dry, wet, canned, treat and snack-based variants. Organic and natural pet food aids in enhancing energy levels, maintaining healthy weight and reducing skin ailments, allergies and digestive disorders in dogs, cats and birds. It is usually packaged and stored in boxes, pouches, cans and bags.

The growth in the South Korea organic and natural pet food market can be attributed to the increasing pet ownership and rising awareness regarding pet nutrition across the country. There is a rising consumer preference toward organic and natural pet food fortified with improved scientific formulations to meet the nutritional requirements of their pets. Moreover, various product innovations, such as the development of premium pet food with higher nutritional content, are providing a thrust to the market growth. These products assist in maintaining optimal health, minimizing the deterioration of cells and improving the immune system. In line with this, the rising trend of pet humanization involving the pet owners to treat their pets as family members is favoring the market growth. Other factors, including the convenient product availability through e-commerce platforms, along with increasing brand endorsements and advertisements regarding pet health awareness, are creating a positive outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the South Korea organic and natural pet food market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on ingredient, pet type, product type, packaging type and distribution channel.

Breakup by Ingredient:

Natural
Organic

Breakup by Pet Type:

Dog Food
Cat Food
Others

Breakup by Product Type:

Dry Pet Food
Wet and Canned Pet Food
Snacks and Treats

Breakup by Packaging Type:

Bags
Cans
Pouches
Boxes

Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Specialty Stores
Online Stores
Others

Breakup by Region:

East
West
Southwest
Southeast

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Million
Segment Coverage	Ingredient, Pet Type, Product Type, Packaging Type, Distribution Channel, Region
Region Covered	East, West, Southwest, Southeast
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The South Korea organic and natural pet food market was valued at US$ 64.9 Million in 2022.

We expect the South Korea organic and natural pet food market to exhibit a CAGR of 13.7% during 2023-2028.

The rising demand for organic and natural pet foods among pet parents, as they aid in enhancing energy levels, maintaining healthy weight, and reducing skin ailments, allergies, and digestive disorders in pets, is driving the South Korea organic and natural pet food market.

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of organic and natural pet foods across the nation.

Based on the ingredient, the South Korea organic and natural pet food market can be segmented into natural and organic. Currently, natural holds largest market share.

Based on the pet type, the South Korea organic and natural pet food market has been divided into dog food, cat food, and others. Among these, dog food currently exhibits a clear dominance in the market.

Based on the product type, the South Korea organic and natural pet food market can be categorized into dry pet food, wet and canned pet food, and snacks and treats. Currently, dry pet food accounts for the majority of the total market share.

Based on the packaging type, the South Korea organic and natural pet food market has been segregated into bags, cans, pouches, and boxes, where bags currently exhibit a clear dominance in the market.

Based on the distribution channel, the South Korea organic and natural pet food market can be bifurcated into supermarkets and hypermarkets, specialty stores, online stores, and others. Currently, supermarkets and hypermarkets hold the largest market share.

On a regional level, the market has been classified into East, West, Southwest, and Southeast.

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