DUBLIN--(BUSINESS WIRE)--The "South Korea Animal Feed Market - Forecasts from 2019 to 2024" report has been added to ResearchAndMarkets.com's offering.
The South Korea animal feed market is expected to grow at a compound annual growth rate of 2.47% over the forecast period to reach US$5.096 billion in 2024 from US$4.403 billion in 2018.
Increasing government regulation concerning food labeling and ingredient content is expected to drive the animal feed market in the country during the forecast period. Increasing consumption of beef and rising health consciousness is further anticipated to drive the growth of the market in the coming years. Furthermore, increasing poultry population in the country is considered as one of the prime drivers for the growth of the market. According to FAO stats, chicken production in Korea have increased from 1492 thousand in 2010 to 1701.470 thousand in 2017 which is further expected to increase in the coming years.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations being implemented by the relevant agencies. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study has been covered as a part of competitive intelligence.
Major industry players profiled as part of the report are Cargill, Kemin Industries, Inc., Novus International, BASF SE, Novozymes and Royal Agrifirm Group among others.
Key Topics Covered:
1.1. Market Overview
1.2. Market Definition
1.3. Scope Of The Study
1.6. Base, And Forecast Years Timeline
2. Research Methodology
2.1. Research Design
2.2. Secondary Sources
3. Executive Summary
4. Market Dynamics
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter's Five Force Analysis
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. South Korea Animal Feed Market By Type
5.3. Compound Feed
6. South Korea Animal Feed Market By Livestocks
6.2. Aquatic Animals
7. South Korea Animal Feed Market By Raw Material
7.3. Rendered Meal
8. South Korea Animal Feed Market By Production Systems
8.2. Commercial Mills
9. Competitive Intelligence
9.1. Companies Bench Marking Analysis
9.2. Recent Investment And Deals
9.3. Strategies Of Key Players
10. Company Profiles
- Kemin Industries, Inc.
- Novus International
- BASF SE
- Royal Agrifirm Group
- J.R. Simplot Company
- Archer Daniels Midland Company
- Royal DSM N.V.
For more information about this report visit https://www.researchandmarkets.com/r/p91a3l