South Korea Animal Feed Market Report by Form (Pellets, Crumbles, Mash, and Others), Animal Type (Swine, Ruminants, Poultry, Aquaculture, and Others), Ingredient (Cereals, Oilseed Meal, Molasses, Fish Oil and Fish Meal, Additives, and Others), and Region 2026-2034
The South Korea animal feed market size reached USD 10.7 Billion in 2025. Looking forward, IMARC Group expects the market to reach USD 13.3 Billion by 2034, exhibiting a growth rate (CAGR) of 2.37% during 2026-2034. The growing livestock sector, rising meat, dairy and eggs consumption, rapid technological advancements, increasing consumer awareness about the importance of animal welfare and sustainable farming practices, ongoing research and development represent some of the key factors driving the market.
Animal feed is a crucial component in the agricultural and livestock industry, serving as the foundation for the well-being and productivity of animals raised for various purposes. It is a specialized mixture of ingredients designed to provide essential nutrients, vitamins, and minerals to animals, ensuring their growth, health, and overall performance. Animal feed typically comprises a blend of grains, such as corn, wheat, and barley, as well as protein sources like soybean meal, fishmeal, or meat and bone meal. These ingredients are carefully formulated to meet the specific dietary requirements of different animals, whether they are raised for meat, milk, eggs, or other products. The importance of high-quality animal feed cannot be overstated, as it directly impacts the animal's health and, consequently, the quality of the end products for human consumption. Adequate nutrition through well-balanced feed helps in optimizing animal growth rates, enhancing their immune system, and reducing the risk of diseases. Furthermore, animal feed plays a pivotal role in sustainable agriculture, as it allows for efficient resource utilization and minimizes the environmental footprint of livestock farming.
SOUTH KOREA ANIMAL FEED MARKET TRENDS:
The livestock sector of South Korea has been steadily expanding in recent years, driven by increasing demand for meat, dairy, and eggs. This growth is propelled by changing dietary habits and rising incomes, leading to a greater need for animal feed to support the larger livestock population. Additionally, as South Koreans consume more meat, especially pork and poultry, the demand for feedstock, such as corn and soybean meal, used in the production of animal feed has increased. This trend is in line with global patterns of increasing protein consumption. Other than this, environmental concerns and regulations related to livestock farming have become more stringent. This has prompted the adoption of sustainable feed production practices and innovations aimed at reducing the environmental footprint of the livestock sector. Besides this, South Korea relies on imports for a significant portion of its animal feed ingredients, including corn and soybean meal. International trade agreements and global commodity prices play a vital role in shaping the cost and availability of these ingredients. In line with this, the increasing consumer awareness about the importance of animal welfare and sustainable farming practices has led to a preference for products derived from animals raised on quality feed. This has encouraged livestock producers to source and use high-quality feeds. Furthermore, animal health and disease prevention are paramount in the livestock industry. Feed additives and supplements that enhance animal immunity and overall health are in demand, driving innovation in feed formulations. Apart from this, the South Korean animal feed industry has embraced technological advancements in feed formulation, production, and delivery. Modern feed mills employ automation and precision to produce high-quality, nutritionally balanced feeds efficiently. Moreover, environmental concerns and regulations related to livestock farming have become more stringent. This has prompted the adoption of sustainable feed production practices and innovations aimed at reducing the environmental footprint of the livestock sector.
SOUTH KOREA ANIMAL FEED MARKET SEGMENTATION:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2026-2034. Our report has categorized the market based on form, animal type, and ingredient.
Form Insights:
Animal Type Insights:
Ingredient Insights:
Regional Insights:
COMPETITIVE LANDSCAPE:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
KEY QUESTIONS ANSWERED IN THIS REPORT
How has the South Korea animal feed market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the South Korea animal feed market?
What is the breakup of the South Korea animal feed market on the basis of form?
What is the breakup of the South Korea animal feed market on the basis of animal type?
What is the breakup of the South Korea animal feed market on the basis of ingredient?
What are the various stages in the value chain of the South Korea animal feed market?
What are the key driving factors and challenges in the South Korea animal feed?
What is the structure of the South Korea animal feed market and who are the key players?
What is the degree of competition in the South Korea animal feed market?
Animal feed is a crucial component in the agricultural and livestock industry, serving as the foundation for the well-being and productivity of animals raised for various purposes. It is a specialized mixture of ingredients designed to provide essential nutrients, vitamins, and minerals to animals, ensuring their growth, health, and overall performance. Animal feed typically comprises a blend of grains, such as corn, wheat, and barley, as well as protein sources like soybean meal, fishmeal, or meat and bone meal. These ingredients are carefully formulated to meet the specific dietary requirements of different animals, whether they are raised for meat, milk, eggs, or other products. The importance of high-quality animal feed cannot be overstated, as it directly impacts the animal's health and, consequently, the quality of the end products for human consumption. Adequate nutrition through well-balanced feed helps in optimizing animal growth rates, enhancing their immune system, and reducing the risk of diseases. Furthermore, animal feed plays a pivotal role in sustainable agriculture, as it allows for efficient resource utilization and minimizes the environmental footprint of livestock farming.
SOUTH KOREA ANIMAL FEED MARKET TRENDS:
The livestock sector of South Korea has been steadily expanding in recent years, driven by increasing demand for meat, dairy, and eggs. This growth is propelled by changing dietary habits and rising incomes, leading to a greater need for animal feed to support the larger livestock population. Additionally, as South Koreans consume more meat, especially pork and poultry, the demand for feedstock, such as corn and soybean meal, used in the production of animal feed has increased. This trend is in line with global patterns of increasing protein consumption. Other than this, environmental concerns and regulations related to livestock farming have become more stringent. This has prompted the adoption of sustainable feed production practices and innovations aimed at reducing the environmental footprint of the livestock sector. Besides this, South Korea relies on imports for a significant portion of its animal feed ingredients, including corn and soybean meal. International trade agreements and global commodity prices play a vital role in shaping the cost and availability of these ingredients. In line with this, the increasing consumer awareness about the importance of animal welfare and sustainable farming practices has led to a preference for products derived from animals raised on quality feed. This has encouraged livestock producers to source and use high-quality feeds. Furthermore, animal health and disease prevention are paramount in the livestock industry. Feed additives and supplements that enhance animal immunity and overall health are in demand, driving innovation in feed formulations. Apart from this, the South Korean animal feed industry has embraced technological advancements in feed formulation, production, and delivery. Modern feed mills employ automation and precision to produce high-quality, nutritionally balanced feeds efficiently. Moreover, environmental concerns and regulations related to livestock farming have become more stringent. This has prompted the adoption of sustainable feed production practices and innovations aimed at reducing the environmental footprint of the livestock sector.
SOUTH KOREA ANIMAL FEED MARKET SEGMENTATION:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2026-2034. Our report has categorized the market based on form, animal type, and ingredient.
Form Insights:
- Pellets
- Crumbles
- Mash
- Others
Animal Type Insights:
- Swine
- Starter
- Finisher
- Grower
- Ruminants
- Calves
- Dairy Cattle
- Beef Cattle
- Others
- Poultry
- Broilers
- Layers
- Turkeys
- Others
- Aquaculture
- Carps
- Crustaceans
- Mackeral
- Milkfish
- Mollusks
- Salmon
- Others
Ingredient Insights:
- Cereals
- Oilseed Meal
- Molasses
- Fish Oil and Fish Meal
- Additives
- Antibiotics
- Vitamins
- Antioxidants
- Amino Acids
- Feed Enzymes
- Feed Acidifiers
- Others
Regional Insights:
- Seoul Capital Area
- Yeongnam (Southeastern Region)
- Honam (Southwestern Region)
- Hoseo (Central Region)
COMPETITIVE LANDSCAPE:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
KEY QUESTIONS ANSWERED IN THIS REPORT
How has the South Korea animal feed market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the South Korea animal feed market?
What is the breakup of the South Korea animal feed market on the basis of form?
What is the breakup of the South Korea animal feed market on the basis of animal type?
What is the breakup of the South Korea animal feed market on the basis of ingredient?
What are the various stages in the value chain of the South Korea animal feed market?
What are the key driving factors and challenges in the South Korea animal feed?
What is the structure of the South Korea animal feed market and who are the key players?
What is the degree of competition in the South Korea animal feed market?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 SOUTH KOREA ANIMAL FEED MARKET - INTRODUCTION
4.1 Overview
4.2 Market Dynamics
4.3 Industry Trends
4.4 Competitive Intelligence
5 SOUTH KOREA ANIMAL FEED MARKET LANDSCAPE
5.1 Historical and Current Market Trends (2020-2025)
5.2 Market Forecast (2026-2034)
6 SOUTH KOREA ANIMAL FEED MARKET - BREAKUP BY FORM
6.1 Pellets
6.1.1 Overview
6.1.2 Historical and Current Market Trends (2020-2025)
6.1.3 Market Forecast (2026-2034)
6.2 Crumbles
6.2.1 Overview
6.2.2 Historical and Current Market Trends (2020-2025)
6.2.3 Market Forecast (2026-2034)
6.3 Mash
6.3.1 Overview
6.3.2 Historical and Current Market Trends (2020-2025)
6.3.3 Market Forecast (2026-2034)
6.4 Others
6.4.1 Historical and Current Market Trends (2020-2025)
6.4.2 Market Forecast (2026-2034)
7 SOUTH KOREA ANIMAL FEED MARKET - BREAKUP BY ANIMAL TYPE
7.1 Swine
7.1.1 Overview
7.1.2 Historical and Current Market Trends (2020-2025)
7.1.3 Market Segmentation
7.1.3.1 Starter
7.1.3.2 Finisher
7.1.3.3 Grower
7.1.4 Market Forecast (2026-2034)
7.2 Ruminants
7.2.1 Overview
7.2.2 Historical and Current Market Trends (2020-2025)
7.2.3 Market Segmentation
7.2.3.1 Calves
7.2.3.2 Dairy Cattle
7.2.3.3 Beef Cattle
7.2.3.4 Others
7.2.4 Market Forecast (2026-2034)
7.3 Poultry
7.3.1 Overview
7.3.2 Historical and Current Market Trends (2020-2025)
7.3.3 Market Segmentation
7.3.3.1 Broilers
7.3.3.2 Layers
7.3.3.3 Turkeys
7.3.3.4 Others
7.3.4 Market Forecast (2026-2034)
7.4 Aquaculture
7.4.1 Overview
7.4.2 Historical and Current Market Trends (2020-2025)
7.4.3 Market Segmentation
7.4.3.1 Carps
7.4.3.2 Crustaceans
7.4.3.3 Mackeral
7.4.3.4 Milkfish
7.4.3.5 Mollusks
7.4.3.6 Salmon
7.4.3.7 Others
7.4.4 Market Forecast (2026-2034)
7.5 Others
7.5.1 Historical and Current Market Trends (2020-2025)
7.5.2 Market Forecast (2026-2034)
8 SOUTH KOREA ANIMAL FEED MARKET - BREAKUP BY INGREDIENT
8.1 Cereals
8.1.1 Overview
8.1.2 Historical and Current Market Trends (2020-2025)
8.1.3 Market Forecast (2026-2034)
8.2 Oilseed Meal
8.2.1 Overview
8.2.2 Historical and Current Market Trends (2020-2025)
8.2.3 Market Forecast (2026-2034)
8.3 Molasses
8.3.1 Overview
8.3.2 Historical and Current Market Trends (2020-2025)
8.3.3 Market Forecast (2026-2034)
8.4 Fish Oil and Fish Meal
8.4.1 Overview
8.4.2 Historical and Current Market Trends (2020-2025)
8.4.3 Market Forecast (2026-2034)
8.5 Additives
8.5.1 Overview
8.5.2 Historical and Current Market Trends (2020-2025)
8.5.3 Market Segmentation
8.5.3.1 Antibiotics
8.5.3.2 Vitamins
8.5.3.3 Antioxidants
8.5.3.4 Amino Acids
8.5.3.5 Feed Enzymes
8.5.3.6 Feed Acidifiers
8.5.3.7 Others
8.5.4 Market Forecast (2026-2034)
8.6 Others
8.6.1 Historical and Current Market Trends (2020-2025)
8.6.2 Market Forecast (2026-2034)
9 SOUTH KOREA ANIMAL FEED MARKET – BREAKUP BY REGION
9.1 Seoul Capital Area
9.1.1 Overview
9.1.2 Historical and Current Market Trends (2020-2025)
9.1.3 Market Breakup by Form
9.1.4 Market Breakup by Animal Type
9.1.5 Market Breakup by Ingredient
9.1.6 Key Players
9.1.7 Market Forecast (2026-2034)
9.2 Yeongnam (Southeastern Region)
9.2.1 Overview
9.2.2 Historical and Current Market Trends (2020-2025)
9.2.3 Market Breakup by Form
9.2.4 Market Breakup by Animal Type
9.2.5 Market Breakup by Ingredient
9.2.6 Key Players
9.2.7 Market Forecast (2026-2034)
9.3 Honam (Southwestern Region)
9.3.1 Overview
9.3.2 Historical and Current Market Trends (2020-2025)
9.3.3 Market Breakup by Form
9.3.4 Market Breakup by Animal Type
9.3.5 Market Breakup by Ingredient
9.3.6 Key Players
9.3.7 Market Forecast (2026-2034)
9.4 Hoseo (Central Region)
9.4.1 Overview
9.4.2 Historical and Current Market Trends (2020-2025)
9.4.3 Market Breakup by Form
9.4.4 Market Breakup by Animal Type
9.4.5 Market Breakup by Ingredient
9.4.6 Key Players
9.4.7 Market Forecast (2026-2034)
9.5 Others
9.5.1 Historical and Current Market Trends (2020-2025)
9.5.2 Market Forecast (2026-2034)
10 SOUTH KOREA ANIMAL FEED MARKET – COMPETITIVE LANDSCAPE
10.1 Overview
10.2 Market Structure
10.3 Market Player Positioning
10.4 Top Winning Strategies
10.5 Competitive Dashboard
10.6 Company Evaluation Quadrant
11 PROFILES OF KEY PLAYERS
11.1 Company A
11.1.1 Business Overview
11.1.2 Product Portfolio
11.1.3 Business Strategies
11.1.4 SWOT Analysis
11.1.5 Major News and Events
11.2 Company B
11.2.1 Business Overview
11.2.2 Product Portfolio
11.2.3 Business Strategies
11.2.4 SWOT Analysis
11.2.5 Major News and Events
11.3 Company C
11.3.1 Business Overview
11.3.2 Product Portfolio
11.3.3 Business Strategies
11.3.4 SWOT Analysis
11.3.5 Major News and Events
11.4 Company D
11.4.1 Business Overview
11.4.2 Product Portfolio
11.4.3 Business Strategies
11.4.4 SWOT Analysis
11.4.5 Major News and Events
11.5 Company E
11.5.1 Business Overview
11.5.2 Product Portfolio
11.5.3 Business Strategies
11.5.4 SWOT Analysis
11.5.5 Major News and Events
12 SOUTH KOREA ANIMAL FEED MARKET - INDUSTRY ANALYSIS
12.1 Drivers, Restraints, and Opportunities
12.1.1 Overview
12.1.2 Drivers
12.1.3 Restraints
12.1.4 Opportunities
12.2 Porters Five Forces Analysis
12.2.1 Overview
12.2.2 Bargaining Power of Buyers
12.2.3 Bargaining Power of Suppliers
12.2.4 Degree of Competition
12.2.5 Threat of New Entrants
12.2.6 Threat of Substitutes
12.3 Value Chain Analysis
13 APPENDIX
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 SOUTH KOREA ANIMAL FEED MARKET - INTRODUCTION
4.1 Overview
4.2 Market Dynamics
4.3 Industry Trends
4.4 Competitive Intelligence
5 SOUTH KOREA ANIMAL FEED MARKET LANDSCAPE
5.1 Historical and Current Market Trends (2020-2025)
5.2 Market Forecast (2026-2034)
6 SOUTH KOREA ANIMAL FEED MARKET - BREAKUP BY FORM
6.1 Pellets
6.1.1 Overview
6.1.2 Historical and Current Market Trends (2020-2025)
6.1.3 Market Forecast (2026-2034)
6.2 Crumbles
6.2.1 Overview
6.2.2 Historical and Current Market Trends (2020-2025)
6.2.3 Market Forecast (2026-2034)
6.3 Mash
6.3.1 Overview
6.3.2 Historical and Current Market Trends (2020-2025)
6.3.3 Market Forecast (2026-2034)
6.4 Others
6.4.1 Historical and Current Market Trends (2020-2025)
6.4.2 Market Forecast (2026-2034)
7 SOUTH KOREA ANIMAL FEED MARKET - BREAKUP BY ANIMAL TYPE
7.1 Swine
7.1.1 Overview
7.1.2 Historical and Current Market Trends (2020-2025)
7.1.3 Market Segmentation
7.1.3.1 Starter
7.1.3.2 Finisher
7.1.3.3 Grower
7.1.4 Market Forecast (2026-2034)
7.2 Ruminants
7.2.1 Overview
7.2.2 Historical and Current Market Trends (2020-2025)
7.2.3 Market Segmentation
7.2.3.1 Calves
7.2.3.2 Dairy Cattle
7.2.3.3 Beef Cattle
7.2.3.4 Others
7.2.4 Market Forecast (2026-2034)
7.3 Poultry
7.3.1 Overview
7.3.2 Historical and Current Market Trends (2020-2025)
7.3.3 Market Segmentation
7.3.3.1 Broilers
7.3.3.2 Layers
7.3.3.3 Turkeys
7.3.3.4 Others
7.3.4 Market Forecast (2026-2034)
7.4 Aquaculture
7.4.1 Overview
7.4.2 Historical and Current Market Trends (2020-2025)
7.4.3 Market Segmentation
7.4.3.1 Carps
7.4.3.2 Crustaceans
7.4.3.3 Mackeral
7.4.3.4 Milkfish
7.4.3.5 Mollusks
7.4.3.6 Salmon
7.4.3.7 Others
7.4.4 Market Forecast (2026-2034)
7.5 Others
7.5.1 Historical and Current Market Trends (2020-2025)
7.5.2 Market Forecast (2026-2034)
8 SOUTH KOREA ANIMAL FEED MARKET - BREAKUP BY INGREDIENT
8.1 Cereals
8.1.1 Overview
8.1.2 Historical and Current Market Trends (2020-2025)
8.1.3 Market Forecast (2026-2034)
8.2 Oilseed Meal
8.2.1 Overview
8.2.2 Historical and Current Market Trends (2020-2025)
8.2.3 Market Forecast (2026-2034)
8.3 Molasses
8.3.1 Overview
8.3.2 Historical and Current Market Trends (2020-2025)
8.3.3 Market Forecast (2026-2034)
8.4 Fish Oil and Fish Meal
8.4.1 Overview
8.4.2 Historical and Current Market Trends (2020-2025)
8.4.3 Market Forecast (2026-2034)
8.5 Additives
8.5.1 Overview
8.5.2 Historical and Current Market Trends (2020-2025)
8.5.3 Market Segmentation
8.5.3.1 Antibiotics
8.5.3.2 Vitamins
8.5.3.3 Antioxidants
8.5.3.4 Amino Acids
8.5.3.5 Feed Enzymes
8.5.3.6 Feed Acidifiers
8.5.3.7 Others
8.5.4 Market Forecast (2026-2034)
8.6 Others
8.6.1 Historical and Current Market Trends (2020-2025)
8.6.2 Market Forecast (2026-2034)
9 SOUTH KOREA ANIMAL FEED MARKET – BREAKUP BY REGION
9.1 Seoul Capital Area
9.1.1 Overview
9.1.2 Historical and Current Market Trends (2020-2025)
9.1.3 Market Breakup by Form
9.1.4 Market Breakup by Animal Type
9.1.5 Market Breakup by Ingredient
9.1.6 Key Players
9.1.7 Market Forecast (2026-2034)
9.2 Yeongnam (Southeastern Region)
9.2.1 Overview
9.2.2 Historical and Current Market Trends (2020-2025)
9.2.3 Market Breakup by Form
9.2.4 Market Breakup by Animal Type
9.2.5 Market Breakup by Ingredient
9.2.6 Key Players
9.2.7 Market Forecast (2026-2034)
9.3 Honam (Southwestern Region)
9.3.1 Overview
9.3.2 Historical and Current Market Trends (2020-2025)
9.3.3 Market Breakup by Form
9.3.4 Market Breakup by Animal Type
9.3.5 Market Breakup by Ingredient
9.3.6 Key Players
9.3.7 Market Forecast (2026-2034)
9.4 Hoseo (Central Region)
9.4.1 Overview
9.4.2 Historical and Current Market Trends (2020-2025)
9.4.3 Market Breakup by Form
9.4.4 Market Breakup by Animal Type
9.4.5 Market Breakup by Ingredient
9.4.6 Key Players
9.4.7 Market Forecast (2026-2034)
9.5 Others
9.5.1 Historical and Current Market Trends (2020-2025)
9.5.2 Market Forecast (2026-2034)
10 SOUTH KOREA ANIMAL FEED MARKET – COMPETITIVE LANDSCAPE
10.1 Overview
10.2 Market Structure
10.3 Market Player Positioning
10.4 Top Winning Strategies
10.5 Competitive Dashboard
10.6 Company Evaluation Quadrant
11 PROFILES OF KEY PLAYERS
11.1 Company A
11.1.1 Business Overview
11.1.2 Product Portfolio
11.1.3 Business Strategies
11.1.4 SWOT Analysis
11.1.5 Major News and Events
11.2 Company B
11.2.1 Business Overview
11.2.2 Product Portfolio
11.2.3 Business Strategies
11.2.4 SWOT Analysis
11.2.5 Major News and Events
11.3 Company C
11.3.1 Business Overview
11.3.2 Product Portfolio
11.3.3 Business Strategies
11.3.4 SWOT Analysis
11.3.5 Major News and Events
11.4 Company D
11.4.1 Business Overview
11.4.2 Product Portfolio
11.4.3 Business Strategies
11.4.4 SWOT Analysis
11.4.5 Major News and Events
11.5 Company E
11.5.1 Business Overview
11.5.2 Product Portfolio
11.5.3 Business Strategies
11.5.4 SWOT Analysis
11.5.5 Major News and Events
12 SOUTH KOREA ANIMAL FEED MARKET - INDUSTRY ANALYSIS
12.1 Drivers, Restraints, and Opportunities
12.1.1 Overview
12.1.2 Drivers
12.1.3 Restraints
12.1.4 Opportunities
12.2 Porters Five Forces Analysis
12.2.1 Overview
12.2.2 Bargaining Power of Buyers
12.2.3 Bargaining Power of Suppliers
12.2.4 Degree of Competition
12.2.5 Threat of New Entrants
12.2.6 Threat of Substitutes
12.3 Value Chain Analysis
13 APPENDIX
