South Korea Animal Feed Market Size, Share, and COVID-19 Impact Analysis, By Form (Pellets, Crumbles, Mash, and Others), By Animal Type (Swine, Ruminants, Poultry, Aquaculture, and Others), and South Korea Animal Feed Market Insights, Industry Trend, Forecasts to 2035

South Korea Animal Feed Market Insights Forecasts to 2035

• The South Korea Animal Feed Market Size was estimated at USD 6.12 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 2.60% from 2025 to 2035
• The South Korea Animal Feed Size is Expected to Reach USD 8.12 Billion by 2035

According to a research report published by Spherical Insights and Consulting, The South Korea Animal Feed Market Size is anticipated to reach USD 8.12 Billion by 2035, growing at a CAGR of 2.60% from 2025 to 2035. A few of the major factors propelling the market are the expanding livestock industry, rising consumption of meat, dairy, and eggs, quick technological advancements, growing consumer awareness of the value of animal welfare and sustainable farming methods, and continuous research and development.

Market Overview

The manufacturing, distribution, and consumption of specialty mixes designed to give livestock and aquaculture species vital nutrients like proteins, carbohydrates, vitamins, and minerals are all included in the South Korean animal feed market. The health, development, and productivity of animals raised for meat, dairy, eggs, and other agricultural products are all greatly improved by these feeds. Additionally, the livestock industry places a high priority on maintaining animal health and preventing disease. Innovation in feed formulations is being driven by the demand for feed additives and supplements that improve animal immunity and general health. In addition, technological developments in feed formulation, production, and delivery have been welcomed by the South Korean animal feed industry. In order to efficiently produce high-quality, nutritionally balanced feeds, modern feed mills use automation and precision. Furthermore, laws pertaining to livestock farming have tightened due to environmental concerns. This has spurred the adoption of innovations and sustainable feed production methods meant to lessen the livestock industry's environmental impact.

Report Coverage

This research report categorizes the market for the South Korea animal feed market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea animal feed market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea animal feed market.

Driving Factors

The rising demand for meat, dairy, and eggs, South Korea's livestock industry has been growing steadily in recent years. Rising incomes and shifting dietary patterns are driving this growth, which increases the demand for animal feed to sustain the larger population of livestock. Additionally, the demand for feedstock such as corn and soybean meal used in the production of animal feed has increased as South Koreans consume more meat, particularly pork and poultry. This pattern is consistent with rising protein consumption around the world. Aside from this, environmental issues and livestock farming regulations have gotten stricter. As such, innovations and sustainable feed production methods have been adopted to lessen the livestock's environmental impact.

Restraining Factors

Sustainable livestock farming methods are becoming more and more important. The industry is under pressure to implement environmentally friendly feed solutions, which might necessitate large R&D expenditures. Smaller businesses may find it difficult to meet these demands, which could have an impact on their place in the market.

Market Segmentation

The South Korea animal feed market share is classified into form and animal type.

• The pellets segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea animal feed market is segmented by form into pellets, crumbles, mash, and others. Among these, the pellets segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. They are used extensively because they are easy to handle, digest well, and give livestock a balanced diet.

• The poultry segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea animal feed market is segmented by animal type swine, ruminants, poultry, aquaculture, and others. Among these, the poultry segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The cost of chicken meat, consumer preferences, and the effectiveness of South Korean poultry farming systems are some of the factors driving the demand for poultry feed.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan electrodeposited copper foils market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• CJ CheilJedang
• Nonghyup Feed
• Sunjin
• Easy Bio
• Jeil Feed
• Others

Recent Developments:

• In September 2024, Bovaer, dsm-firmenich's novel methane-reducing feed additive, became the first product approved for use with beef cattle in South Korea. The company announced this development with enthusiasm. This approval enabled farmers to efficiently and instantly reduce methane emissions, a powerful greenhouse gas, marking a significant step towards more sustainable agriculture in South Korea

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea Animal Feed Market based on the below-mentioned segments:

South Korea Animal Feed Market, By Form

• Pellets
• Crumbles
• Mash
• Others

South Korea Animal Feed Market, By Animal Type

• Swine
• Ruminants
• Poultry
• Aquaculture
• Others