South Korea Copra Cake Market Size, Share, and COVID-19 Impact Analysis, By Application Type (Animal Feed, Fertilizers), By End-User Industries (Agriculture, Food Production), and South Korea Copra Cake Market Insights, Industry Trend, Forecasts to 2035
Industry: Food & BeveragesSouth Korea Copra Cake Market Insights Forecasts to 2035
- The South Korea Copra Cake Market size is Expected to Grow at a CAGR of around 4.9% from 2025 to 2035
- The South Korea Copra Cake 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 Copra Cake Market Size is anticipated to grow at a CAGR of 4.9% from 2025 to 2035. The market is driven by growing demand for affordable plant-based protein in animal feed and rising interest in organic fertilizers for sustainable farming. Strong trade ties with coconut-producing countries ensure a steady supply to meet domestic agricultural needs.
Market Overview
The South Korea copra cake market is a term used to describe the sector, which is engaged in the import, distribution, and utilization of copra cake, a high-fiber, protein-rich byproduct derived from coconut oil extraction. It is mainly utilized in the production of animal feed and organic fertilizers. The market in South Korea is very much supported by the growth of the country’s demand for cost-effective livestock nutrition and sustainable agricultural practices. Copra cake, the main source, is coming from the Philippines, Indonesia, and India, and it is a cheaper alternative to the feed ingredients such as soybean and fish meal. Besides, its usage as a nature fertilizer is going to be increasingly more covered due to the environmental issues raised and the implementation of organic farming practices. Even though the protein meals have better digestibility than copra cake, its low price, availability, and fiber content make it a valuable component in mixed feed making. The market is still import-dependent but safe as well as unchanged, with repeated need from livestock producers, fertilizer manufacturers, and agricultural cooperatives all over South Korea.
Report Coverage
This research report categorizes the market for the South Korea copra cake 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 copra cake 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 copra cake market.
South Korea Copra Cake Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 4.9% |
Historical Data for: | 2020-2023 |
No. of Pages: | 189 |
Tables, Charts & Figures: | 121 |
Segments covered: | By Application Type and By End-User Industries |
Companies covered:: | Tantuco Enterprises, Inc., CIIF Oil Mills Group, Greenville Agro Corporation, Samar Coco Products Manufacturing Corporation, Primex Group of Companies, and Others |
Pitfalls & Challenges: | COVID-19 Impact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The South Korea copra cake market is driven by the expanding need for cheap, plant-based protein in the animal feed industry. The market finds copra cake more attractive than soybean and fish meals because of its lower price, which the feed producers looking for the most affordable feed agree with. Besides, the upward trend of organic farming is leading to the increase of the copra cake use as a natural fertilizer. South Korea’s consistent import relations with coconut-producing nations are also good for the market, as they allow for a steady supply. The green agriculture and efficient animal nutrition trend carry on the market expansion journey.
Restraining Factors
The South Korea copra cake market is restrained by lower protein digestibility, which is a disadvantage compared to other feed ingredients such as soybean meal, thus limiting its utilization in high-performance livestock systems that have a recent innovation focus. Besides, the market is also suffering from dependence on imports that make it more vulnerable to the global supply interruptions and the fluctuations in the prices. Moreover, the lack of sufficient understanding among the small-scale farmers hinders the wider acceptance of the products.
Market Segmentation
The South Korea copra cake market share is classified into application type and end-user industries.
- The animal feed segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea copra cake market is segmented by application type into animal feed and fertilizers. Among these, the animal feed segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is due to its low price and also the fact that it has become a product that is more and more used by farms for livestock, poultry, and aquaculture who are in need of protein sources of a different kind.
- The agriculture segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea copra cake market is segmented by end-user industries into agriculture and food production. Among these, the agriculture segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The dominant share is due to the extensive use of copra cake not only in the applications of the feed for the livestock but also in the fertilizers of the organic for sustainable farming practice and productivity in the sector.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea copra cake 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
- Tantuco Enterprises, Inc.
- CIIF Oil Mills Group
- Greenville Agro Corporation
- Samar Coco Products Manufacturing Corporation
- Primex Group of Companies
- 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 copra cake market based on the below-mentioned segments:
South Korea Copra Cake Market, By Application Type
- Animal Feed
- Fertilizers
South Korea Copra Cake Market, By End-User Industries
- Agriculture
- Food Production
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