South Korea: South Korea Pet Food Report
Link to report:
Korea’s pet food market has been growing strongly. But, while imported products have traditionally dominated the market, imports declined in 2023 for the first time in over a decade. Local competition likely contributed to the decline in imports. In 2023, the United States was the second largest supplier for imported dog and cat food, with 15.96 and 18.12 percent by of the market by value and volume, respectively. As the pet humanization trend continues, demand for premium products such as pet food with high-quality ingredients will grow further.
