Market Forecast By Form (Pellets, Crumbles, Mash, Others), By Species (Poultry, Ruminants, Aqua, Swine, Others), By Type (Acidifiers, Probiotics, Enzyme, Antioxidants, Antibiotics, Vitamins, Minerals, Others) And Competitive Landscape
| Product Code: ETC018463 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
According to 6Wresearch internal database and industry insights, the South Korea Animal Feed Market is growing at a compound annual growth rate (CAGR) of 4.3% during the forecast period (2025–2031).
| Report Name | South Korea Animal Feed Market |
| Forecast period | 2025-2031 |
| CAGR | 4.3% |
| Growing Sector | Export |
Below mentioned are the evaluation of year-wise growth rate along with key drivers:
| Year | Est. Annual Growth | Growth Drivers |
| 2020 | 2.5 | Rising meat consumption and expansion of livestock production. |
| 2021 | 3 | Increased demand for poultry and swine feed as domestic consumption and production grow. |
| 2022 | 3.5 | Government initiatives to support feed technology and sustainable feeding practices. |
| 2023 | 3.8 | Adoption of enhanced feed formulations (e.g., enzyme‑based, high‑protein) and shifts toward premium animal protein. |
| 2024 | 4 | Expansion of processing infrastructure, import substitution efforts, and increased export opportunities for feed and livestock. |
The South Korea Animal Feed Market report thoroughly covers the market by form, species, type. The market report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high growth areas, and market drivers, which would help stakeholders devise and align their market strategies according to the current and future market dynamics.
The South Korea Animal Feed Market is expected to have steady growth. The market is driven by rising consumption of meat (particularly pork, poultry) and related livestock production, increasing demand for high quality feed, and government policies supporting agricultural and feed industries. Government support includes subsidies to farmers, promotion of research and development in feed technology, and initiatives for sustainable feed practices. In addition, shifts toward premium animal proteins and growing awareness of animal health and welfare underpin demand for better formulated feeds.
Below mentioned some growth drivers and their impact on market dynamics:
| Drivers | Primary Segments Affected | Why It Matters |
| Government Support & Export Growth | Animal Type (Poultry, Swine), Type/Additive (Enzyme, Probiotics) | Strengthens Korea’s feed production & export capacity, fosters technology adoption. |
| Increasing Meat & Livestock Production | Animal Type (Poultry, Swine, Aqua) | Rising livestock numbers boost feed demand across species. |
| Health‑Conscious & Premium Feed Trends | Form (Pellets), Type/Additive (Enzyme, Acidifier, Probiotics) | Drives demand for advanced feed formats and additives for animal performance. |
| Adoption of Sustainable Feed Practices | Type/Additive (Enzyme, Acidifier, Others) | Encourages high‑value feed products and aligns with environmental goals. |
| Expansion of Processing Infrastructure & Import Substitution | Form (Pellets, Mash), Animal Type (All) | Enhances domestic feed supply quality and availability. |
The South Korea Animal Feed Market is projected to grow significantly, with a CAGR of 4.3% during the forecast period of 2025-2031. The demand for high-quality animal feed is a result of the increase in meat and livestock products that is one of the main drivers of the South Korea Animal Feed Market. In addition, the market growth is supported by government policies that improve feed quality, biosecurity, and sustainable farming practices. The trend towards premiumization, awareness of animal nutrition, and export are some other factors that are helping to grow the market and drive investment in innovative and value-added feed products.
Below mentioned are some major restraints and their influence on market dynamics:
| Restraints | Primary Segments Affected | What This Means |
| Volatility in raw material prices (corn, soybean meal) | All Segments | Impacts feed cost and margins, reduces profitability. |
| Highly competitive market with margin pressure | Form, Animal Type | Many players vying for share reduces pricing power and raises cost focus. ( |
| Slow population growth and saturated domestic demand | Animal Type (Poultry, Swine) | Limits high pace expansion, keeps growth moderate. |
| Regulatory and environmental compliance costs for advanced feeds | Type/Additive | Increases cost of innovation and adoption of premium feed segments. |
In the South Korea Animal Feed Market, raw material cost volatility remains a significant challenge, affecting margins and production costs. The maturity of the domestic market and competition among feed producers put pressure on growth and pricing. Moreover, adoption of advanced, premium feed formulations is hindered by cost sensitivity and regulatory burdens. Furthermore, while export potential exists, scaling infrastructure and meeting global standards pose operational obstacles.
Some major trends contributing to the development of the South Korea Animal Feed Market:
Here are some investment opportunities in the South Korea Animal Feed Industry:
Here are some top companies contributing to the South Korea Animal Feed Market share:
| Company Name | CJ CheilJedang Corporation |
|---|---|
| Headquarters | Seoul, South Korea |
| Established Year | 1953 |
| Official Website | Click Here |
CJ CheilJedang Corporation is a leading manufacturer of animal feed in South Korea, offering a wide portfolio of livestock and aquaculture feeds. The company is committed to research-driven innovation, nutritional excellence, and sustainable production, supporting the country’s growing livestock and aquaculture industries.
| Company Name | Nonghyup Feed Inc. |
|---|---|
| Headquarters | Seoul, South Korea |
| Established Year | 1961 |
| Official Website | Click Here |
Nonghyup Feed Inc., a subsidiary of the National Agricultural Cooperative Federation, is a major player in South Korea’s feed market. The company emphasizes quality nutrition, farmer support programs, and integration with local agricultural development, ensuring strong supply chain efficiency and community engagement.
| Company Name | Harim Group |
|---|---|
| Headquarters | Seoul, South Korea |
| Established Year | 1978 |
| Official Website | Click Here |
Harim Group operates an extensive animal feed business alongside its poultry and livestock production divisions. The company is recognized for advanced feed formulations, sustainable livestock practices, and integrated operations that enhance animal health, growth, and productivity.
| Company Name | Seoul Feed Co., Ltd. |
|---|---|
| Headquarters | Incheon, South Korea |
| Established Year | 1984 |
| Official Website | Click Here |
Seoul Feed Co., Ltd. produces high-quality feed for poultry, swine, ruminants, and aquaculture species. The company is known for its precision nutrition technologies and R&D-led feed development, maintaining a strong focus on technological advancement and quality assurance in production.
| Company Name | Daehan Feed |
|---|---|
| Headquarters | Busan, South Korea |
| Established Year | 1992 |
| Official Website | Click Here |
Daehan Feed is a specialized producer of compound feeds and feed additives catering to both livestock and aquaculture sectors. The company focuses on nutritional efficiency, product innovation, and expanding premium feed offerings, contributing to the modernization of South Korea’s animal nutrition industry.
According to South Korean government data, the government actively supports the animal feed sector through agricultural subsidies, R&D incentives for feed innovations, and regulations that enhance feed quality and biosecurity. These frameworks aim to improve livestock health and promote sustainable agriculture. Collaborations such as BASF SE and Cargill’s enzyme-based feed solutions further reflect governmental encouragement for innovation and the adoption of advanced feed technologies within the country.
The market outlook remains positive yet moderate, driven by increasing demand for animal-derived products, advancements in feed processing, and the growing adoption of precision feed solutions. While growth may be slower compared to emerging economies due to South Korea’s established consumption base and limited raw material availability, opportunities persist in value-added feeds, exports, and sustainability-driven innovations. Investments in feed additives, precision feeding systems, and smart farm integrations are expected to propel the market’s long-term growth trajectory.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Guneet Kaur, Senior Research Analyst, 6Wresearch, the pellets form dominates the market due to its ease of handling, superior storage stability, and consistent nutrient delivery. It is widely preferred by feed manufacturers for both commercial and industrial livestock operations.
The poultry segment is growing rapidly as increasing meat and egg consumption fuels demand. Poultry feed’s high level of standardization enables the formulation of nutritionally balanced diets. Efficient growth rates and large-scale production have further accelerated the adoption of poultry feed across South Korea.
Probiotics represent the fastest-growing feed type, driven by increasing awareness of gut health and immunity in livestock. They improve nutrient absorption, enhance growth performance, and reduce antibiotic dependency, positioning them as a key component in modern and sustainable feed practices.
The report offers a comprehensive study of the subsequent market segments:
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 South Korea Animal Feed Market Overview |
| 3.1 South Korea Country Macro Economic Indicators |
| 3.2 South Korea Animal Feed Market Revenues & Volume, 2021 & 2031F |
| 3.3 South Korea Animal Feed Market - Industry Life Cycle |
| 3.4 South Korea Animal Feed Market - Porter's Five Forces |
| 3.5 South Korea Animal Feed Market Revenues & Volume Share, By Form, 2023 & 2031F |
| 3.6 South Korea Animal Feed Market Revenues & Volume Share, By Species, 2023 & 2031F |
| 3.7 South Korea Animal Feed Market Revenues & Volume Share, By Type, 2023 & 2031F |
| 4 South Korea Animal Feed Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.2.1 Increasing demand for high-quality animal products |
| 4.2.2 Technological advancements in feed production |
| 4.2.3 Growing awareness about animal nutrition and health |
| 4.3 Market Restraints |
| 4.3.1 Fluctuating prices of raw materials |
| 4.3.2 Stringent government regulations on feed additives |
| 4.3.3 Competition from alternative protein sources |
| 5 South Korea Animal Feed Market Trends |
| 6 South Korea Animal Feed Market, By Types |
| 6.1 South Korea Animal Feed Market, By Form |
| 6.1.1 Overview and Analysis |
| 6.1.2 South Korea Animal Feed Market Revenues & Volume, By Form, 2021 & 2031F |
| 6.1.3 South Korea Animal Feed Market Revenues & Volume, By Pellets, 2021 & 2031F |
| 6.1.4 South Korea Animal Feed Market Revenues & Volume, By Crumbles, 2021 & 2031F |
| 6.1.5 South Korea Animal Feed Market Revenues & Volume, By Mash, 2021 & 2031F |
| 6.1.6 South Korea Animal Feed Market Revenues & Volume, By Others, 2021 & 2031F |
| 6.2 South Korea Animal Feed Market, By Species |
| 6.2.1 Overview and Analysis |
| 6.2.2 South Korea Animal Feed Market Revenues & Volume, By Poultry, 2021 & 2031F |
| 6.2.3 South Korea Animal Feed Market Revenues & Volume, By Ruminants, 2021 & 2031F |
| 6.2.4 South Korea Animal Feed Market Revenues & Volume, By Aqua, 2021 & 2031F |
| 6.2.5 South Korea Animal Feed Market Revenues & Volume, By Swine, 2021 & 2031F |
| 6.2.6 South Korea Animal Feed Market Revenues & Volume, By Others, 2021 & 2031F |
| 6.3 South Korea Animal Feed Market, By Type |
| 6.3.1 Overview and Analysis |
| 6.3.2 South Korea Animal Feed Market Revenues & Volume, By Acidifiers, 2021 & 2031F |
| 6.3.3 South Korea Animal Feed Market Revenues & Volume, By Probiotics, 2021 & 2031F |
| 6.3.4 South Korea Animal Feed Market Revenues & Volume, By Enzyme, 2021 & 2031F |
| 6.3.5 South Korea Animal Feed Market Revenues & Volume, By Antioxidants, 2021 & 2031F |
| 6.3.6 South Korea Animal Feed Market Revenues & Volume, By Antibiotics, 2021 & 2031F |
| 6.3.7 South Korea Animal Feed Market Revenues & Volume, By Vitamins, 2021 & 2031F |
| 6.3.8 South Korea Animal Feed Market Revenues & Volume, By Others, 2021 & 2031F |
| 6.3.9 South Korea Animal Feed Market Revenues & Volume, By Others, 2021 & 2031F |
| 7 South Korea Animal Feed Market Import-Export Trade Statistics |
| 7.1 South Korea Animal Feed Market Export to Major Countries |
| 7.2 South Korea Animal Feed Market Imports from Major Countries |
| 8 South Korea Animal Feed Market Key Performance Indicators |
| 8.1 Feed conversion ratio (FCR) improvement |
| 8.2 Adoption rate of innovative feed additives |
| 8.3 Percentage of livestock with optimized feed intake |
| 9 South Korea Animal Feed Market - Opportunity Assessment |
| 9.1 South Korea Animal Feed Market Opportunity Assessment, By Form, 2021 & 2031F |
| 9.2 South Korea Animal Feed Market Opportunity Assessment, By Species, 2021 & 2031F |
| 9.3 South Korea Animal Feed Market Opportunity Assessment, By Type, 2021 & 2031F |
| 10 South Korea Animal Feed Market - Competitive Landscape |
| 10.1 South Korea Animal Feed Market Revenue Share, By Companies, 2024 |
| 10.2 South Korea Animal Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |
Market Forecast By Form (Pellets, Crumbles, Mash, Others), By Species (Poultry, Ruminants, Aqua, Swine, Others), By Type (Acidifiers, Probiotics, Enzyme, Antioxidants, Antibiotics, Vitamins, Minerals, Others) And Competitive Landscape
| Product Code: ETC018463 | Publication Date: Oct 2020 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
South Korea Animal Feed Market is projected to grow over the coming year. South Korea Animal Feed Market report is a part of our periodical regional publication Asia Pacific Animal Feed Market outlook report. 6W tracks Animal Feed market for over 60 countries with individual country-wise market opportunity assessment and publishes with the report titled Global Animal Feed Market outlook report annually.
South Korea Animal Feed Market report thoroughly covers market by Form, species and type. The market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
South Korea Animal Feed Market Synopsis
South Korea Animal Feed Market is expected to project modest growth owing to the rising disposable income. Korean consumers demand for healthy diet and new tastes backed by strengthening of processed food and beverage industry is driving the growth of the market. Moreover, rising sustainable maintenance of livestock farming backed by increasing consumption of meat accelerate the South Korea Animal Feed Market Growth in South Korea. The large supply of domestic pork has added to the demand for animal feed. Rising pet shops Korea has also led to the development of animal feed market.
According to 6Wresearch, South Korea Animal Feed Market size is projected to register growth during 2020-2026. Rising initiatives by the government regarding the labelling of animal feed products added to the South Korea Animal Feed Market Share. Additionally, rising consumption of beef along with growing health consciousness is boosting the development of the animal feed market in South Korea. Increasing poultry population is also one of the key factors contributing to the South Korea Animal Feed Market Revenue. The outburst of COVID-19 has negatively impacted the growth of the market leading to the disruption in supply chain further hampering the import and export of animal feed. However, the market is expected to re-gain its growth during the upcoming years.
Market Analysis by Form
On the basis of Form, Pellets segment is expected to lead the market during the forthcoming years on account of rising demand for high nutritional meat.
Key Attractiveness of the Report
Key Highlights of the Report:
Market Segmentation:
The report provides a detailed analysis of the following market segments: