South Korea Forage Market Size, Share, Trends and Forecast by Crop Type, Product Type, Animal Type, and Region, 2026-2034
The South Korea forage market size reached USD 1,875.8 Million in 2025. The market is projected to reach USD 2,984.2 Million by 2034, exhibiting a growth rate (CAGR) of 5.08% during 2026-2034. As livestock and dairy farms are expanding to meet rising demand for animal products, the need for high-quality forage is increasing. Forage supports better animal health, productivity, and milk yield, making it essential in modern feeding practices. Besides this, the broadening of feed processing facilities is fueling the South Korea forage market share.
SOUTH KOREA FORAGE MARKET TRENDS:
Growth of livestock farming
As the demand for meat, milk, and other animal-based products is rising among people, farmers are expanding livestock operations, particularly in dairy, beef, and poultry sectors. This broadening is directly creating the need for high-quality forage, which serves as a key component of animal feed. As per the IMARC Group, the South Korea animal feed market size is set to show a growth rate (CAGR) of 2.39% during 2025-2033. Forage provides essential nutrients that support animal health, weight gain, milk production, and overall productivity. South Korean farmers are becoming more aware about the benefits of feeding livestock with nutrient-rich forage, including improved digestion, better immunity, and reduced dependency on expensive concentrated feeds. This shift in feeding practices is contributing to a steady demand for crops like alfalfa, timothy hay, ryegrass, and silage. As livestock farms are scaling up, they are seeking consistent and reliable forage supply, driving both domestic production and imports. Limited arable land in South Korea often leads to increased reliance on imported forage from countries with surplus production. The livestock sector’s move towards more efficient, scientifically managed feeding systems is bolstering the growth of the market. Additionally, government initiatives that support livestock development are promoting farm modernization and higher output. Overall, the steady growth of livestock farming is significantly catalyzing the demand for forage across the country.
Broadening of feed processing facilities
The expansion of feed processing facilities is impelling the South Korea forage market growth. As more advanced processing plants are established, the efficiency and quality of forage production continue to improve significantly. These facilities allow better handling, drying, chopping, and packaging of forage crops like alfalfa, silage, and ryegrass, making them easier to store, transport, and use. Refined processing extends the shelf life of forage and maintains its nutritional value, which is essential for ensuring consistent and high-quality feed supply to livestock farms year-round. With enhanced infrastructure, the forage can also be customized to meet the specific dietary needs of different animals, boosting farm productivity and reducing feed waste. Moreover, processed forage is more convenient for farmers, especially small and medium-sized operations, who benefit from ready-to-use feed options. Rising import of forage is further creating the need for advanced processing units to manage volume and maintain quality standards. According to the OEC, in 2024, South Korea imported USD 384 Million worth of forage crops. As South Korea continues to modernize its agricultural sector, the role of processing facilities is becoming more prominent, enabling a stable, scalable, and efficient forage supply chain. This infrastructure development is ultimately strengthening the overall competitiveness of the forage market in the country.
SOUTH KOREA FORAGE MARKET SEGMENTATION:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2026-2034. Our report has categorized the market based on crop type, product type, and animal type.
Crop Type Insights:
Product Type Insights:
Animal Type Insights:
Regional Insights:
COMPETITIVE LANDSCAPE:
The market research report has also provided a comprehensive analysis of the competitive landscape. 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 forage market performed so far and how will it perform in the coming years?
What is the breakup of the South Korea forage market on the basis of crop type?
What is the breakup of the South Korea forage market on the basis of product type?
What is the breakup of the South Korea forage market on the basis of animal type?
What is the breakup of the South Korea forage market on the basis of region?
What are the various stages in the value chain of the South Korea forage market?
What are the key driving factors and challenges in the South Korea forage market?
What is the structure of the South Korea forage market and who are the key players?
What is the degree of competition in the South Korea forage market?
SOUTH KOREA FORAGE MARKET TRENDS:
Growth of livestock farming
As the demand for meat, milk, and other animal-based products is rising among people, farmers are expanding livestock operations, particularly in dairy, beef, and poultry sectors. This broadening is directly creating the need for high-quality forage, which serves as a key component of animal feed. As per the IMARC Group, the South Korea animal feed market size is set to show a growth rate (CAGR) of 2.39% during 2025-2033. Forage provides essential nutrients that support animal health, weight gain, milk production, and overall productivity. South Korean farmers are becoming more aware about the benefits of feeding livestock with nutrient-rich forage, including improved digestion, better immunity, and reduced dependency on expensive concentrated feeds. This shift in feeding practices is contributing to a steady demand for crops like alfalfa, timothy hay, ryegrass, and silage. As livestock farms are scaling up, they are seeking consistent and reliable forage supply, driving both domestic production and imports. Limited arable land in South Korea often leads to increased reliance on imported forage from countries with surplus production. The livestock sector’s move towards more efficient, scientifically managed feeding systems is bolstering the growth of the market. Additionally, government initiatives that support livestock development are promoting farm modernization and higher output. Overall, the steady growth of livestock farming is significantly catalyzing the demand for forage across the country.
Broadening of feed processing facilities
The expansion of feed processing facilities is impelling the South Korea forage market growth. As more advanced processing plants are established, the efficiency and quality of forage production continue to improve significantly. These facilities allow better handling, drying, chopping, and packaging of forage crops like alfalfa, silage, and ryegrass, making them easier to store, transport, and use. Refined processing extends the shelf life of forage and maintains its nutritional value, which is essential for ensuring consistent and high-quality feed supply to livestock farms year-round. With enhanced infrastructure, the forage can also be customized to meet the specific dietary needs of different animals, boosting farm productivity and reducing feed waste. Moreover, processed forage is more convenient for farmers, especially small and medium-sized operations, who benefit from ready-to-use feed options. Rising import of forage is further creating the need for advanced processing units to manage volume and maintain quality standards. According to the OEC, in 2024, South Korea imported USD 384 Million worth of forage crops. As South Korea continues to modernize its agricultural sector, the role of processing facilities is becoming more prominent, enabling a stable, scalable, and efficient forage supply chain. This infrastructure development is ultimately strengthening the overall competitiveness of the forage market in the country.
SOUTH KOREA FORAGE MARKET SEGMENTATION:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2026-2034. Our report has categorized the market based on crop type, product type, and animal type.
Crop Type Insights:
- Cereals
- Legumes
- Grasses
Product Type Insights:
- Stored Forage
- Fresh Forage
Animal Type Insights:
- Ruminants
- Swine
- Poultry
- Others
Regional Insights:
- Seoul Capital Area
- Yeongnam (Southeastern Region)
- Honam (Southwestern Region)
- Hoseo (Central Region)
- Others
COMPETITIVE LANDSCAPE:
The market research report has also provided a comprehensive analysis of the competitive landscape. 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 forage market performed so far and how will it perform in the coming years?
What is the breakup of the South Korea forage market on the basis of crop type?
What is the breakup of the South Korea forage market on the basis of product type?
What is the breakup of the South Korea forage market on the basis of animal type?
What is the breakup of the South Korea forage market on the basis of region?
What are the various stages in the value chain of the South Korea forage market?
What are the key driving factors and challenges in the South Korea forage market?
What is the structure of the South Korea forage market and who are the key players?
What is the degree of competition in the South Korea forage 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 FORAGE MARKET - INTRODUCTION
4.1 Overview
4.2 Market Dynamics
4.3 Industry Trends
4.4 Competitive Intelligence
5 SOUTH KOREA FORAGE MARKET LANDSCAPE
5.1 Historical and Current Market Trends (2020-2025)
5.2 Market Forecast (2026-2034)
6 SOUTH KOREA FORAGE MARKET - BREAKUP BY CROP TYPE
6.1 Cereals
6.1.1 Overview
6.1.2 Historical and Current Market Trends (2020-2025)
6.1.3 Market Forecast (2026-2034)
6.2 Legumes
6.2.1 Overview
6.2.2 Historical and Current Market Trends (2020-2025)
6.2.3 Market Forecast (2026-2034)
6.3 Grasses
6.3.1 Overview
6.3.2 Historical and Current Market Trends (2020-2025)
6.3.3 Market Forecast (2026-2034)
7 SOUTH KOREA FORAGE MARKET - BREAKUP BY PRODUCT TYPE
7.1 Stored Forage
7.1.1 Overview
7.1.2 Historical and Current Market Trends (2020-2025)
7.1.3 Market Forecast (2026-2034)
7.2 Fresh Forage
7.2.1 Overview
7.2.2 Historical and Current Market Trends (2020-2025)
7.2.3 Market Forecast (2026-2034)
8 SOUTH KOREA FORAGE MARKET - BREAKUP BY ANIMAL TYPE
8.1 Ruminants
8.1.1 Overview
8.1.2 Historical and Current Market Trends (2020-2025)
8.1.3 Market Forecast (2026-2034)
8.2 Swine
8.2.1 Overview
8.2.2 Historical and Current Market Trends (2020-2025)
8.2.3 Market Forecast (2026-2034)
8.3 Poultry
8.3.1 Overview
8.3.2 Historical and Current Market Trends (2020-2025)
8.3.3 Market Forecast (2026-2034)
8.4 Others
8.4.1 Historical and Current Market Trends (2020-2025)
8.4.2 Market Forecast (2026-2034)
9 SOUTH KOREA FORAGE 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 Crop Type
9.1.4 Market Breakup by Product Type
9.1.5 Market Breakup by Animal Type
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 Crop Type
9.2.4 Market Breakup by Product Type
9.2.5 Market Breakup by Animal Type
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 Crop Type
9.3.4 Market Breakup by Product Type
9.3.5 Market Breakup by Animal Type
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 Crop Type
9.4.4 Market Breakup by Product Type
9.4.5 Market Breakup by Animal Type
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 FORAGE 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 Products Offered
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 Products Offered
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 Products Offered
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 Products Offered
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 Products Offered
11.5.3 Business Strategies
11.5.4 SWOT Analysis
11.5.5 Major News and Events
12 SOUTH KOREA FORAGE 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 FORAGE MARKET - INTRODUCTION
4.1 Overview
4.2 Market Dynamics
4.3 Industry Trends
4.4 Competitive Intelligence
5 SOUTH KOREA FORAGE MARKET LANDSCAPE
5.1 Historical and Current Market Trends (2020-2025)
5.2 Market Forecast (2026-2034)
6 SOUTH KOREA FORAGE MARKET - BREAKUP BY CROP TYPE
6.1 Cereals
6.1.1 Overview
6.1.2 Historical and Current Market Trends (2020-2025)
6.1.3 Market Forecast (2026-2034)
6.2 Legumes
6.2.1 Overview
6.2.2 Historical and Current Market Trends (2020-2025)
6.2.3 Market Forecast (2026-2034)
6.3 Grasses
6.3.1 Overview
6.3.2 Historical and Current Market Trends (2020-2025)
6.3.3 Market Forecast (2026-2034)
7 SOUTH KOREA FORAGE MARKET - BREAKUP BY PRODUCT TYPE
7.1 Stored Forage
7.1.1 Overview
7.1.2 Historical and Current Market Trends (2020-2025)
7.1.3 Market Forecast (2026-2034)
7.2 Fresh Forage
7.2.1 Overview
7.2.2 Historical and Current Market Trends (2020-2025)
7.2.3 Market Forecast (2026-2034)
8 SOUTH KOREA FORAGE MARKET - BREAKUP BY ANIMAL TYPE
8.1 Ruminants
8.1.1 Overview
8.1.2 Historical and Current Market Trends (2020-2025)
8.1.3 Market Forecast (2026-2034)
8.2 Swine
8.2.1 Overview
8.2.2 Historical and Current Market Trends (2020-2025)
8.2.3 Market Forecast (2026-2034)
8.3 Poultry
8.3.1 Overview
8.3.2 Historical and Current Market Trends (2020-2025)
8.3.3 Market Forecast (2026-2034)
8.4 Others
8.4.1 Historical and Current Market Trends (2020-2025)
8.4.2 Market Forecast (2026-2034)
9 SOUTH KOREA FORAGE 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 Crop Type
9.1.4 Market Breakup by Product Type
9.1.5 Market Breakup by Animal Type
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 Crop Type
9.2.4 Market Breakup by Product Type
9.2.5 Market Breakup by Animal Type
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 Crop Type
9.3.4 Market Breakup by Product Type
9.3.5 Market Breakup by Animal Type
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 Crop Type
9.4.4 Market Breakup by Product Type
9.4.5 Market Breakup by Animal Type
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 FORAGE 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 Products Offered
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 Products Offered
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 Products Offered
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 Products Offered
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 Products Offered
11.5.3 Business Strategies
11.5.4 SWOT Analysis
11.5.5 Major News and Events
12 SOUTH KOREA FORAGE 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
