South Korea Corn Germ Meal Market Size, Share, and COVID-19 Impact Analysis, By Animal Type (Poultry, Ruminants, Cat Fish, and Others), By Application (Fertilizers, Animal Feed, and Others), and South Korea Corn Germ Meal Market Insights, Industry Trend, Forecasts to 2035
Industry: Food & BeveragesSouth Korea Corn Germ Meal Market Insights Forecasts to 2035
- The South Korea Corn Germ Meal Market size is Expected to Grow at a CAGR of around 5.4% from 2025 to 2035
- The South Korea Corn Germ Meal 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 Corn Germ Meal Market is anticipated to grow at a CAGR of 5.4% from 2025 to 2035. The market is driven by rising demand for affordable, protein-rich feed for poultry and livestock. It is also supported by increasing adoption of sustainable agriculture and organic fertilizer applications.
Market Overview
The South Korea corn germ meal market is defined as all activities focused on the production, import, distribution, and application of corn germ meal. Corn germ meal is a byproduct of the extraction of corn oil from corn germ. It is primarily used in animal feeds and within fertilizers. Demand for corn germ meal is increasing in South Korea because of consistent prices and the fact that protein-rich alternatives to traditional feed ingredients such as soybean meal are very appealing to customers. Corn germ meal is recognized as a source of high fiber, digestible protein, and energy. This makes it usable for poultry, ruminants, and aquaculture. With sustainable agriculture becoming increasingly important, corn germ meal is also being considered for organic fertilizers. In South Korea, the overall domestic production is limited, however, there are increasing imports and integration to the local feed mills are on the rise. Improving food security is a government-led initiative, with the aim of catalyzing long term market development.
Report Coverage
This research report categorizes the market for the South Korea corn germ meal 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 corn germ meal 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 corn germ meal market.
South Korea Corn Germ Meal Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 5.4% |
Historical Data for: | 2020-2023 |
No. of Pages: | 210 |
Tables, Charts & Figures: | 123 |
Segments covered: | By Animal Type, By Application and COVID-19 Impact Analysis |
Companies covered:: | ADM, COFCO, MEIHUA HOLDINGS GROUP CO., LTD., Om Agro Group Co, Paramesu Biotech Pvt. Ltd, Pawar Agro Industries, Santosh Limited, Tate & Lyle, Others. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
The rising demand for cost-effective and protein-rich feed ingredients, especially in poultry and livestock, is driving an increase in the use of corn germ meal in the South Korean corn germ market. Corn germ meal provides a sustainable feed alternative to conventional feeds such as soybean meal, while also ensuring the animal's health and productivity. Additionally, the increased prevalence of circular agriculture and environmentally friendly production is driving its use in organic fertilizers. Government support for domestic feed production and abuse of imports will continue to promote an expansion of corn germ utilization in South Korea for an assortment of applications.
Restraining Factors
The South Korea corn germ meal market faces restraints like low domestic production capacity and significant reliance on imports. Variation in nutrient levels is also detrimental to its application in feed formulation, and the availability of other protein sources as well as changes in international corn prices might complicate the overall use and stability of the market.
Market Segmentation
The South Korea corn germ meal market share is classified into animal type and application.
- The poultry segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea corn germ meal market is segmented by animal type into poultry, ruminants, catfish, and others. Among these, the poultry 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 growing demand for affordable sources of protein, the increasing consumption of poultry products, and the accessibility of corn germ meal in the poultry industry as it is very digestible and energy rich.
- The animal feed segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea corn germ meal market is segmented by application into fertilizers, animal feed, and others. Among these, the animal feed segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period. This growth can also be attributed to a growing animal and poultry industries, more concern for feed efficiencies, use of a new ingredient corn germ meal- a sustainable feed ingredient that is both economic and nutritional.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea corn germ meal 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
- ADM
- COFCO
- MEIHUA HOLDINGS GROUP CO., LTD.
- Om Agro Group Co
- Paramesu Biotech Pvt. Ltd
- Pawar Agro Industries
- Santosh Limited
- Tate & Lyle
- 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 corn germ meal market based on the below-mentioned segments:
South Korea Corn Germ Meal Market, By Animal Type
- Poultry
- Ruminants
- Cat Fish
- Others
South Korea Corn Germ Meal Market, By Application
- Fertilizers
- Animal Feed
- Others
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