Press release
South Korea Meat Market Size, Share, Industry Overview, Trends and Forecast 2033
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 of USD 27.2 Billion in 2024 and is expected to grow to USD 49.0 Billion by 2033. The market is forecasted to expand at a CAGR of 6.08% during the period 2025-2033. Growth is driven by increasing consumer demand for high-quality meat, government support for food security, the expansion of distribution networks, and the rising popularity of convenient and precooked meat products.
Study Assumption Years
• Base Year: 2024
• Historical Years: 2019-2024
• Forecast Period: 2025-2033
South Korea Meat Market Key Takeaways
• Current Market Size: USD 27.2 Billion (2024)
• CAGR: 6.08% (2025-2033)
• Forecast Period: 2025-2033
• Rising disposable incomes and changing consumer preferences increase demand for premium meat products like Wagyu and Hanwoo beef.
• Busy lifestyles and the rise in single-person households boost popularity of convenient, ready-to-eat meat products.
• Increasing demand for processed meat products such as marinated meats and pre-cooked sausages supports market growth.
• Growing consumer awareness of environmental and health issues drives demand for sustainably and ethically produced meat.
• The influence of e-commerce platforms expands market accessibility and growth.
Sample Request Link: https://www.imarcgroup.com/south-korea-meat-market/requestsample
Trends in the South Korea Meat Market
Increasing Demand for Premium Meat Products
The South Korea meat market is witnessing a significant increase in demand for premium meat products as consumers become more discerning about quality. This trend is driven by a growing appreciation for gourmet meats, including high-quality beef, pork, and poultry. As disposable incomes rise, consumers are willing to pay a premium for products that offer superior taste and texture. This shift is contributing to the South Korea meat market size, as retailers and producers focus on enhancing their offerings to meet the evolving preferences of consumers. The emphasis on quality is expected to continue shaping purchasing decisions in the meat sector.
Growth of Alternative Protein Sources
Another notable trend influencing the South Korea meat market is the rising popularity of alternative protein sources. With increasing awareness of health, environmental concerns, and animal welfare, many consumers are exploring plant-based and lab-grown meat options. This trend is positively impacting the South Korea meat market share, as companies introduce innovative products that cater to the growing demand for meat alternatives. As more consumers adopt flexitarian or vegetarian diets, the market for alternative proteins is expected to expand, prompting traditional meat producers to diversify their product lines and incorporate plant-based options.
Expansion of Online Meat Retail
The expansion of online meat retail is transforming the South Korea meat market, providing consumers with greater access to a variety of meat products. As e-commerce continues to grow, more consumers are turning to online platforms for their meat purchases, seeking convenience and quality. This trend is significantly contributing to the overall South Korea meat market growth, as traditional meat suppliers establish their online presence to reach a broader audience. The ability to order fresh meat online, combined with home delivery services, is attracting tech-savvy consumers who prefer the ease of shopping from home, reshaping the distribution landscape within the meat market.
Emphasis on Health and Safety Standards
The emphasis on health and safety standards is becoming increasingly important in the South Korea meat market. As consumers prioritize their health and well-being, they are looking for meat products that adhere to stringent safety regulations and quality assurance practices. This trend is impacting the South Korea meat market size, as producers invest in implementing advanced safety measures and obtaining certifications to ensure product integrity. By demonstrating a commitment to health and safety, meat suppliers can enhance consumer trust and loyalty, driving further growth in the market. As awareness of food safety continues to rise, the focus on quality assurance is expected to play a crucial role in shaping the future of the South Korea meat market.
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Market Segmentation
Breakup by Product:
• Chicken: A staple in the market, chicken is popular due to its affordability, versatility, and health benefits, consumed in many forms such as fried, grilled, and stewed.
• Beef: Premium varieties like Hanwoo and imported Wagyu are sought after for rich flavor and tender texture, often associated with special occasions.
• Pork: A significant part of the diet, used in traditional dishes like samgyeopsal (grilled pork belly) and bossam (boiled pork), contributing to market growth.
• Mutton: Less commonly consumed than other meats, it holds a niche market especially among ethnic communities and gourmet enthusiasts.
Breakup by Type:
• Raw: Fresh cuts of chicken, beef, pork, and mutton remain a staple, preferred for home cooking and traditional dishes allowing flavor control.
• Processed: Includes marinated, pre-cooked, and ready-to-eat options, gaining popularity for convenience and time-saving benefits.
Breakup by Distribution Channel:
• Supermarkets and Hypermarkets: Major channel providing a wide variety of raw and processed meats at competitive prices with promotions.
• Departmental Stores: Upscale shopping focused on premium and specialty products, including Hanwoo beef and imported cuts, emphasizing quality and service.
• Specialty Stores: Curated selections of premium, organic, and gourmet meats, offering personalized service and expert advice.
• Online Stores: Convenient platform for purchasing a diverse range of meat products, catering to busy urban consumers and wider availability.
Breakup by Region:
• Seoul Capital Area: The largest, most densely populated region driving high demand for meat products fueled by high consumer spending.
• Yeongnam (Southeastern Region): Industrial and economic hub with strong demand for traditional and international meat dishes.
• Honam (Southwestern Region): Agricultural heritage region with steady demand for various meats and growing interest in premium options.
• Hoseo (Central Region): Strategic location with growing urbanization, expanding middle class, and rising disposable incomes.
Ask For an Analyst- https://www.imarcgroup.com/request?type=report&id=19181&flag=C
Regional Insights
The Seoul Capital Area is the dominant region for the South Korea meat market as the largest and most densely populated region. It drives significant demand fueled by high consumer spending, diverse culinary preferences, and a thriving food service industry. Other regions like Yeongnam, Honam, and Hoseo also contribute with their unique economic, cultural, and demographic characteristics.
Recent Developments & News
In May 2024, South Korea established a "regulation-free special zone" (RFSZ) to accelerate innovation in cultivated meat. This zone provides food technology firms with regulatory exemptions, enabling faster research and development in cellular agriculture projects.
Key Players
• CJ CheilJedang Corporation
• Dongwon Home Food Co. Ltd. (Dongwon Enterprise Co. Ltd.)
• Sajowon Co. Ltd.
Contact Us
IMARC Group,
134 N 4th St. Brooklyn, NY 11249, USA,
Email: sales@imarcgroup.com,
Tel No: (D) +91 120 433 0800,
United States: +1-201971-6302
About Us
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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