South Korea Compound Feed Market Size, Share, and COVID-19 Impact Analysis, By Ingredient Type (Cereals, Cakes & Meals, By-products, Supplements, and Others), By Livestock (Poultry, Ruminants, Swine, Aquaculture, and Others), and South Korea Compound Feed Market Insights, Industry Trend, Forecasts to 2035
Industry: Food & BeveragesSouth Korea Compound Feed Market Insights Forecasts to 2035
- The South Korea Compound Feed Market size is Expected to Grow at a CAGR of around 4.6% from 2025 to 2035
- The South Korea Compound Feed Market size is expected to hold a significant Share by 2035
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According to a research report published by Spherical Insights & Consulting, the South Korea Compound Feed Market is anticipated to grow at a CAGR of 4.6% from 2025 to 2035. The market is driven by rising demand for animal protein and efficient livestock production practices.Also driven by government support and advancements in feed nutrition and safety.
Market Overview
The South Korea compound feed market represents the business sector which produces and delivers animal feed products through raw material combination with additives. The feed formulations enhance animal health status while promoting growth and productivity in poultry, swine, ruminants, aquaculture and other livestock sectors. Consumer preference for premium animal protein together with modern livestock farming methods drives this market forward. The intensive animal husbandry practices of South Korea use compound feed as their primary method to achieve production efficiency while complying with safety standards. The market demand increases because of expanding knowledge about animal nutrition and disease prevention and feed conversion efficiency. The market is influenced by government programs that support feed quality and biosecurity measures together with advanced feed formulation technologies. The market will experience steady expansion during the period from 2025 to 2035 despite facing challenges from fluctuating raw material costs and rigorous regulatory requirements.
Report Coverage
This research report categorizes the market for the South Korea compound feed market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea compound 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 compound feed market.
South Korea Compound Feed Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Forecast Period: | 2024-2035 |
Forecast Period CAGR 2024-2035 : | 4.6% |
Historical Data for: | 2020-2023 |
No. of Pages: | 210 |
Tables, Charts & Figures: | 120 |
Segments covered: | By Ingredient Type, By Livestock and COVID-19 Impact Analysis. |
Companies covered:: | Cargill, Inc., Archer Daniels Midland Company, Alltech, Inc., Charoen Pokphand Foods PCL, Nutreco N.V., Evonik Industries AG and Others. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
The rising demand for premium animal proteins like meat, dairy, and eggs as a result of shifting dietary preferences and urbanization is driving the South Korean compound feed market. The use of compound feed is further supported by the rise in intensive livestock farming methods, particularly in the swine and poultry industries. The growth of the market is also aided by government programs that support sustainable farming methods, nutritional standards, and feed safety. Furthermore, improvements in feed additives like probiotics, amino acids, and enzymes improve animal health and feed efficiency, which propels market expansion.
Restraining Factors
The South Korea compound feed market encounters restraints under high reliance on imported raw materials and resultant price fluctuations. Compliances to strict regulation of feed additives or antibiotic usage creates additional expenditure made by companies when complying. Also, there is a continued emphasis on livestock emissions, waste management, and environmental impact-related compliance that creates barriers to sustainable market growth and sustainable expansion.
Market Segmentation
The South Korea compound feed market share is classified into ingredient type and livestock.
- The cereals segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea compound feed market is segmented by ingredient type into cereals, cakes & meals, by-products, supplements, and others. Among these, the cereals segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is due to the large use of corn and wheat as main energy sources in animal diets, supporting livestock health and productivity.
- The poultry segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea compound feed market is segmented by livestock into poultry, ruminants, swine, aquaculture, and others. Among these, the poultry segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is due to high consumer demand for chicken meat and eggs, coupled with the efficiency and short lifecycle of poultry production systems.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea compound feed 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
- Cargill, Inc.
- Archer Daniels Midland Company
- Alltech, Inc.
- Charoen Pokphand Foods PCL
- Nutreco N.V.
- Evonik Industries AG
- Others
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 compound feed market based on the below-mentioned segments:
South Korea Compound Feed Market, By Ingredient Type
- Cereals
- Cakes & Meals
- By-products
- Supplements
- Others
South Korea Compound Feed Market, By Livestock
- Poultry
- Ruminants
- Swine
- Aquaculture
- Others
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