South Korea Dry Forage Grass Market Size, Share, And COVID-19 Impact Analysis, By Type (Alfalfa, Timothy, Ryegrass, Clover, and Others), By Application (Dairy, Equine, Poultry, Sheep & Goat, and Others), and South Korea Dry Forage Grass Market Insights, Industry Trend, Forecasts To 2035

South Korea Dry Forage Grass Market Size Insights Forecasts to 2035

• The South Korea Dry Forage Grass Market size is Expected to Grow at a CAGR of around 4.1% from 2025 to 2035
• The South Korea Dry Forage Grass Market size is expected to hold a significant Share by 2035

According to a Research Report Published by Spherical Insights & Consulting, the South Korea Dry Forage Grass Market Size is anticipated to grow at a CAGR of 4.1% from 2025 to 2035. The market is driven by South Korea's dependence on imported feed, increasing livestock and dairy production, and the growing preference for high-nutrition forage grass. Enhanced awareness among farmers about animal health and feed quality, coupled with government support for import logistics and storage infrastructure, contributes to market growth.

Market Overview

South Korea dry forage grass market is experiencing steady growth because of growing demand for high-quality livestock feed and a greater emphasis on feed imports to cover domestic production shortfalls. Since the country has little arable land and pastureland, it relies significantly on the importation of dry grasses like alfalfa, timothy, and ryegrass for dairy, equine, and livestock. The transition towards better feed efficiency, protein quality, and digestibility is driving the adoption of imported high-quality forage. Demand is complemented by dairy cooperatives' formation, rising demand for meat and milk, and enhanced knowledge on balanced animal nutrition. Government support to feed security and free bilateral trade agreements with nations such as the US, Australia, and Canada are also driving availability. The market is likely to expand still as farms upgrade and value quality feed consistency throughout the year.

Report Coverage

This research report categorizes the market for the South Korea dry forage grass 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 dry forage grass 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 Dry forage grass market.

Driving Factors

South Korea's dry forage grass market continues to grow with the dairy and livestock industries seeking additional demand, with more emphasis on the quality of feed and more dependency on imports from Australia, Europe, and the U.S. Alfalfa and timothy hay are specifically requested as a source of protein and digestibility. With more intensive animal enterprises becoming the standard, dry forage grasses ensure a controlled and consistent supply of nutrition. Support in trade, subsidization, and improvement in storage and distribution further strengthens the supply chain and market growth.

Restraining Factors

Overreliance on imports exposes the market to global price fluctuation, transport breakdown, and weather interference. Land and climate constraints limit domestic production, therefore, exposing it further. Erratic demand and weak awareness by small farmers of best feed practices also might inhibit optimal potential of the market.

Market Segmentation

The South Korea Dry Forage Grass Market share is classified into type and application.

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

The South Korea dry forage grass market is segmented by type into alfalfa, timothy, ryegrass, clover, and others. Among these, the alfalfa segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. Alfalfa is a highly digestible, high-protein crop ideal for dairy cattle and horse feed. With the domestic supply being limited, North America supplies the majority of the alfalfa, making it therefore a steady growth segment with rising dairy productivity and quality standards.

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

The South Korea dry forage grass market is segmented by application into dairy, equine, poultry, sheep & goat, and others. Among these, the dairy segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period. South Korean dairy farming is increasingly relying on imported, high-nutrition forages for sustaining milk quantity and quality. Dried grass forage like alfalfa and timothy are staple ingredients in dairy rationing, providing consistent energy content and fiber content vital in high-performing animals.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea dry forage grass 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

• Anderson Hay & Grain Co.
• Standlee Premium Western Forage
• Al Dahra ACX
• Ctcgreen Inc.
• Jun Nam Dairy Livestock Cooperative
• Seoul Dairy Cooperative
• Hay Korea Co. Ltd.
• Bailey Farms International
• 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 dry forage grass market based on the below-mentioned segments:

South Korea Dry Forage Grass Market, By Type

• ·Alfalfa

• ·Timothy

• ·Ryegrass

• ·Clover

• ·Others

South Korea Dry Forage Grass Market, By Application

• ·Dairy

• ·Equine

• ·Poultry

• ·Sheep & Goat

• ·Others