Korea Forage Feed Market Size & Outlook, 2025-2033
Korea Forage Feed Market Insights
- Based on Deep Market Insights findings, the Korea Forage Feed Market reached USD 526.41 Million in 2024 and is estimated to attain USD 700.29 Million by 2033.
- From 2026 to 2033, the Korea market is expected to grow at a steady CAGR of 3.26%.
- Within the Feed Type category, Hay dominated in 2024 in terms of market size contribution.
- Over the forecast period, Fresh Forage is forecasted to deliver the fastest growth, positioning it as the most lucrative Feed Type segment.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- In 2024, Korea represented 0.88% of the overall global Forage Feed Market size.
- United States is projected to lead the global Forage Feed Market size by 2033.
- Across Asia Pacific, China is anticipated to hold the dominant position in market size by 2033.
- Korea is forecasted to expand at the fastest pace in Asia Pacific, attaining USD 702.62 Million by 2033.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2033 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 526.41 Million |
| Market Size In 2033 | USD 700.29 Million |
| Largest segment | Hay |
| Units | Revenue in USD Million |
| CAGR | 3.26% (2025-2033) |
| Segmnetation Covered | |
| Feed Type |
|
| Livestock Type |
|
| Distribution Channel |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Korea Forage Feed Market Feed Type 2025-2033 (USD Million)
| Feed Type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hay | XX.x | XX.x | XX.x | 264.05 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Silage | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Fresh Forage | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Korea Forage Feed Market Livestock Type 2025-2033 (USD Million)
| Livestock Type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dairy Cattle | XX.x | XX.x | XX.x | 282.95 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Beef Cattle | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Sheep And Goats | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Korea Forage Feed Market Distribution Channel 2025-2033 (USD Million)
| Distribution Channel | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Direct Farm Supply | XX.x | XX.x | XX.x | 238.47 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Cooperative Supply | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Commercial Feeders | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.