Report Published: "Other Pet Food in South Korea"

From: Fast Market Research, Inc.
Published: Tue Nov 25 2014


Other pet food is expected to post an 11% increase in current value sales in 2014 to reach Won700million. The dominant category, small mammal/reptile food, is predicted to record the fastest current value sales growth of 12%. The small mammal/reptile population is set to continue to grow strongly due to increasing interest in rare pets, such as turtles, chameleons, lizards, hedgehogs and rabbits in South Korea. This is driving the strong rise in demand for food for these animals.

Competitive Landscape

JBL GmbH & Co KG, a small mammal/reptile food manufacturer, led other pet food with a 4% share of retail value sales in 2013. The company experienced a gradual increase in share between 2009 and 2013 as small mammal/reptile food dominates sales.

Industry Prospects

Other pet food is predicted to post a value CAGR of 5% at constant 2014 prices over the forecast period. Only small mammal/reptile food is expected to post positive growth, while bird food and fish food are likely to see decreases as a result of the declining bird and fish populations. Exotic small mammals or reptiles are being preferred to fish and birds by young people.

Full Report Details at
- http://www.fastmr.com/prod/905290_other_pet_food_in_south_korea.aspx?afid=301

Report 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:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Other Pet Food in South Korea?
* What are the major brands in South Korea?
* How is the current retail distribution landscape impacting overall category performance?

Reasons to Get this Report

* 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

About Fast Market Research

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