The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
Learn moreEuromonitor addresses your unique questions and challenges across all B2B and B2C industries and geographies through custom, tailor-made research projects, designed to your specific goals.
Learn moreMay 2020
US$990Added to Cart
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
The other pet food category saw continued current value terms growth in 2019, with the exception of bird food. Birds are not considered suitable for keeping as pets in urban apartments in South Korea, and thus demand declined at the end of the review period.
Small mammal/reptile food again saw the strongest performance in other pet food, as the number of reptiles kept as pets – particularly turtles and tortoises – saw continued growth. The pet reptile population increased rapidly in recent years, with a current craze among younger Koreans to keep turtles and tortoises as pets, which boosted demand for appropriate food.
One factor spurring growth in South Korea’s other pet population is that people who are interested in keeping small mammals, reptiles, birds and fish as pets now have access to a wealth of information online. There are numerous Korean-language forums offering support, advice and information on how to look after other pets, some of which require a certain level of specialist knowledge to maintain optimum condition.
JBL GmbH & Co KG saw a value share gain, and consolidated its leading position of the other pet food category in 2019. The category is highly fragmented, with others overwhelmingly dominant.
E-commerce is already the dominant retail channel for sales of other pet food, and with consumer demand increasingly shifting online, store-based retailers of other pet food products are likely to continue to struggle over the forecast period. The main appeal of e-commerce is the convenience offered by home delivery of online orders.
The main store-based distribution channels for other pet food are pet superstores and pet shops, channels which include numerous stores that specialise entirely in aquariums and supplies for pet fish fanciers. These channels are likely to experience further sales declines as e-commerce gains traction, however.
Files are delivered directly into your account within a few minutes of purchase.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
Delivery: Files are delivered directly into your account within a few minutes of purchase.
Overview
Discover the latest market trends and uncover sources of future market growth for the Other Pet Food industry in South Korea with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Other Pet Food industry in South Korea, our research will save you time and money while empowering you to make informed, profitable decisions.
The Other Pet Food in South Korea market research report includes:
Our market research reports answer questions such as:
Why buy this report?
This industry report originates from Passport, our Pet Care market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.