IMARC Group has recently released a new research study titled "South Korea Meat Market Report by Product (Chicken, Beef, Pork, Mutton, and Others), Type (Raw, Processed), Distribution Channel (Supermarkets and Hypermarkets, Departmental Stores, Specialty Stores, Online Stores, and Others), and Region 2025-2033", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
South Korea Meat Market Overview
The South Korea meat market size reached USD 27.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 49.0 Billion by 2033, exhibiting a growth rate (CAGR) of 6.08% during 2025-2033.
Market Size and Growth
Forecast Years: 2025-2033
Historical Years: 2019-2024
Market Size in 2024: USD 27.2 Billion
Market Forecast in 2033: USD 49.0 Billion
Market Growth Rate (2025-2033): 6.08%
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Key Market Highlights:
✔️ Substantial expansion driven by premium protein preferences & import diversification
✔️ Growing demand for marinated and ready-to-cook meat products
✔️ Accelerating shift toward sustainable sourcing and traceability standards
South Korea Meat Market Trends and Drivers:
The South Korea meat market is experiencing significant transformation, driven by changing consumer preferences and increasing health consciousness. As the population becomes more aware of the nutritional value of different types of meat, there is a growing demand for high-quality and sustainably sourced products. The South Korea meat market size has expanded considerably, reflecting a shift towards premium meat products, including organic and free-range options. This trend is not only reshaping consumer buying habits but also influencing the overall structure of the meat supply chain.
Market Size and Growth Drivers
The South Korea meat market size is expected to see substantial growth, bolstered by factors such as urbanization, rising disposable incomes, and an increasing appetite for diverse meat products. Consumers are increasingly exploring various types of meat, including beef, pork, and poultry, with a notable rise in the popularity of imported meats. Additionally, the influence of Western dietary habits and the growing trend of barbecuing at home are contributing to the market's expansion. The demand for processed meat products, such as sausages and ready-to-eat meals, is also on the rise, catering to the busy lifestyles of modern consumers.
Market Share Dynamics
In terms of market share, the South Korea meat market is characterized by a competitive landscape dominated by both local and international players. Major domestic meat producers are facing increased competition from imported meats, particularly from countries like the United States and Australia. By 2025, it is anticipated that the market share will increasingly reflect consumer preferences for quality over quantity, with a significant portion dedicated to premium and specialty products. The growth of online retail platforms is also reshaping market dynamics, allowing consumers easy access to a wider variety of meat products.
Future Forecast and Trends
Looking towards the future, the South Korea meat market forecast indicates continued growth, driven by evolving consumer trends and innovations in meat production. The increasing focus on health and wellness is likely to propel demand for leaner meat options and plant-based alternatives. Additionally, advancements in food technology, such as lab-grown meat, may begin to gain traction, appealing to environmentally conscious consumers. By 2025, the market is expected to not only expand in size but also diversify in offerings, reflecting a broader range of consumer preferences and dietary needs, ultimately shaping the future of meat consumption in South Korea.
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South Korea Meat Market Segmentation:
The market report segments the market based on product type, distribution channel, and region:
Breakup by Product:
• Chicken
• Beef
• Pork
• Mutton
• Others
Breakup by Type:
• Raw
• Processed
Breakup by Distribution Channel:
• Supermarkets and Hypermarkets
• Departmental Stores
• Specialty Stores
• Online Stores
• Others
Breakup by Region:
• Seoul Capital Area
• Yeongnam (Southeastern Region)
• Honam (Southwestern Region)
• Hoseo (Central Region)
• Others
Competitive Landscape:
The market research report offers an in-depth analysis of the competitive landscape, covering market structure, key player positioning, top winning strategies, a competitive dashboard, and a company evaluation quadrant. Additionally, detailed profiles of all major companies are included.
Key Highlights of the Report
1. Market Performance (2019-2024)
2. Market Outlook (2025-2033)
3. COVID-19 Impact on the Market
4. Porter's Five Forces Analysis
5. Strategic Recommendations
6. Historical, Current and Future Market Trends
7. Market Drivers and Success Factors
8. SWOT Analysis
9. Structure of the Market
10. Value Chain Analysis
11. Comprehensive Mapping of the Competitive Landscape
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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