South Korea Cottonseed Meal Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Primary Meal, Secondary Meal, and Others), By Application (Animal Feed, Aquaculture Feed, and Organic Fertilizers), and South Korea Cottonseed Meal Market Insights, Industry Trend, Forecasts to 2035
Industry: Food & BeveragesSouth Korea Cottonseed Meal Market Insights Forecasts to 2035
- The South Korea Cottonseed Meal Market size is Expected to Grow at a CAGR of around 4.8% from 2025 to 2035
- The South Korea Cottonseed 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 Cottonseed Meal Market Size is anticipated to grow at a CAGR of 4.8% from 2025 to 2035. The market is driven by the increasing demand for animal feed, particularly in the livestock and poultry industries, and the growing awareness of cottonseed meal's nutritional value.
Market Overview
The South Korea cottonseed meal market is developing based on increased use of cottonseed meal as a relatively inexpensive feed component that is high in protein. Cottonseed meal is a byproduct of cottonseed oil extraction and is beneficial to livestock on account of its higher fiber content, along with a moderate protein level. It is also used to produce organic fertilizers. With a focus on sustainable farming, increased need for more organic agricultural practices, and the demand for more eco-friendly fertilizers, such as cottonseed meal, is increasing. While cotton is not a major crop in South Korea, there is increasing demand for cottonseed meal, far more than can be satisfied by planting cotton; therefore, this market is driven mostly by the import and processing of raw cottonseed agricultural byproducts into local feed and fertilizer.
Report Coverage
This research report categorizes the market for the South Korea cottonseed 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 cottonseed 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 cottonseed meal market.
South Korea Cottonseed Meal Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 4.8% |
Historical Data for: | 2020-2023 |
No. of Pages: | 213 |
Tables, Charts & Figures: | 120 |
Segments covered: | By Product Type and By Application |
Companies covered:: | ADM, Bunge Limited, Cargill, Incorporated, Louis Dreyfus Company, COFCO Group, Olam International Limited, and Others |
Pitfalls & Challenges: | COVID-19 Impact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The increasing need for protein-rich animal feed in South Korea’s livestock and aquaculture industries. The rapidly growing domestic consumption of meat, dairy, and seafood continues to drive the increased production of these protein sources. There are increasing need for more affordable and even more nutritious feed sources. Cattle and fish farming can use cottonseed meal as part of their feed ration while still allowing a reasonable nutritional profile that can help to reduce reliance on expensive feed options, such as soybean meal. Cottonseed meal is available as a byproduct of cottonseed oil, giving it cost-effective advantages in relation to price per ton for feed companies.
Restraining Factors
Cottonseed meal contains gossypol, a naturally occurring toxin that can be dangerous to non-ruminant animals like chickens and pigs. This restricts its broad use for all kinds of animals.
Market Segmentation
The South Korea cottonseed meal market share is classified into product type and application.
- The primary meal segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea cottonseed meal market is segmented by product type into primary meal, secondary meal, and others. Among these, the primary meal segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segmental expansion can be attributed to its low processing and good nutrient retention, which makes it ideal for feed for cattle and aquaculture. In comparison to secondary meals, it offers superior feed value due to its higher quantities of protein and residual oil.
- 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 cottonseed meal market is segmented by application into animal feed, aquaculture feed, and organic fertilizers. Among these, the animal feed segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. Cottonseed meal, which is mostly used in ruminant diets, gives sheep and cattle a valuable protein supplement that promotes development and milk production. As the use of meat and dairy products rises, commercial manufacturers are increasingly incorporating them into compound feed formulas.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea cottonseed 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
- Bunge Limited
- Cargill, Incorporated
- Louis Dreyfus Company
- COFCO Group
- Olam International Limited
- 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 cottonseed meal market based on the below-mentioned segments:
South Korea Cottonseed Meal Market, By Product Type
- Primary Meal
- Secondary Meal
- Others
South Korea Cottonseed Meal Market, By Application
- Animal Feed
- Aquaculture Feed
- Organic Fertilizers
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