Cat food is expected to maintain strong growth in South Korea in 2024, with a high single-digit current value increase, continuing the trend observed in 2023. However, the increases in these two years were lower than the steady double-digit growth rates seen in previous years, with several factors contributing to this shift. Factors such as the high inflation rate, which resulted in an increase in the cost of living, along with the higher prices of cat food, and a slowdown in the growth of the c...
Euromonitor International's Cat Food in South Korea report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2019-2023, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, distribution or pricing issues. Forecasts to 2028 illustrate how the market is set to change.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Cat Food market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Cat Food in South Korea
Euromonitor International
April 2024
List Of Contents And Tables
CAT FOOD IN SOUTH KOREA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Cat food registers high single-digit value growth
Royal Canin continues to lead cat food
Economy dry cat food remains strong due to outdoor cats and economic slowdown
PROSPECTS AND OPPORTUNITIES
Premiumisation trend expected to drive growth in cat food