South Korea Marine Ingredients Market to 2032
Overview
The South Korea Marine Ingredients Market is expected to reach a 158.31 USD Million by 2032 and is projected to grow at a CAGR of 10.61% from 2025 to 2032.
Revenue, 2024 (USD Million)
84.59
Forecast, 2032 (USD Million)
158.31
CAGR, 2024 - 2032
10.61%
Report Coverage
South Korea
South Korea Marine Ingredients Market 2018-2032 USD Million
South Korea Marine Ingredients Market , Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 84.59 USD Million
- Projected Market Size (2032): 158.31 USD Million
- CAGR (2025-2032): 10.61%
Key Findings of South Korea Marine Ingredients Market
- The South Korea Marine Ingredients Market was valued at 84.59 USD Million in 2024.
- The South Korea Marine Ingredients Market is likely to grow at a CAGR of 10.61% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Powder in Form Segment accounted for the largest share of the market with a revenue of 64.35 USD Million
- The fastest growing segment Pet Food in Application Segment grew Fastest with a CAGR of 11.89% during the forecast period from 2024 to 2032.
South Korea Marine Ingredients Market Scope
South Korea Marine Ingredients Market Segmentation & Scope
Application
- Others
- Personal Care and Cosmetics
- Pharmaceutical
- Food & Beverages
- Dietary Supplements
- Pet Food
- Animal and Aquaculture Feed
Source
- Squid
- Others
- Krill
- Algae
- Fish
Product Type
- Others
- Fish Bone
- Marine Collagen
- Marine Peptides
- Marine Proteins
- Fish Oil
- Fish Meal
Ingredient
- Others
- Enzymes
- Fat
- Vitamins
- Fatty Acids
- Ash
- Protein
Raw Material
- By-product
- Whole Fish
Form
- Liquid
- Powder
South Korea Marine Ingredients Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 84.59 USD Million |
| Market Value in 2032 | 158.31 USD Million |
| CAGR (2025-2032) | 10.61% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Source,Product Type,Ingredient,Raw Material,Form |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 84.59 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 84.59 USD Million in 2024.
Segments and Scope
-
South Korea Marine Ingredients Market to 2032, By Application
- Animal and Aquaculture Feed is the largest segment in South Korea Marine Ingredients Market to 2032 with a revenue of 33.72 USD Million in the year 2024.
- Pet Food is the Fastest growing segment in South Korea Marine Ingredients Market to 2032 with a Growth rate of 9.81 % in forecast period 2025-2032.
-
South Korea Marine Ingredients Market to 2032, By Source
- Fish is the largest segment in South Korea Marine Ingredients Market to 2032 with a revenue of 49.61 USD Million in the year 2024.
- Fish is the Fastest growing segment in South Korea Marine Ingredients Market to 2032 with a Growth rate of 11.17 % in forecast period 2025-2032.
-
South Korea Marine Ingredients Market to 2032, By Product Type
- Fish Meal is the largest segment in South Korea Marine Ingredients Market to 2032 with a revenue of 49.93 USD Million in the year 2024.
- Fish Oil is the Fastest growing segment in South Korea Marine Ingredients Market to 2032 with a Growth rate of 10.67 % in forecast period 2025-2032.
-
South Korea Marine Ingredients Market to 2032, By Ingredient
- Protein is the largest segment in South Korea Marine Ingredients Market to 2032 with a revenue of 43.37 USD Million in the year 2024.
- Protein is the Fastest growing segment in South Korea Marine Ingredients Market to 2032 with a Growth rate of 11.48 % in forecast period 2025-2032.
-
South Korea Marine Ingredients Market to 2032, By Raw Material
- Whole Fish is the largest segment in South Korea Marine Ingredients Market to 2032 with a revenue of 60.67 USD Million in the year 2024.
- By-product is the Fastest growing segment in South Korea Marine Ingredients Market to 2032 with a Growth rate of 10.45 % in forecast period 2025-2032.
-
South Korea Marine Ingredients Market to 2032, By Form
- Powder is the largest segment in South Korea Marine Ingredients Market to 2032 with a revenue of 64.35 USD Million in the year 2024.
- Liquid is the Fastest growing segment in South Korea Marine Ingredients Market to 2032 with a Growth rate of 10.44 % in forecast period 2025-2032.
South Korea Marine Ingredients Market Company Share Analysis
South Korea Marine Ingredients Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Marine Ingredients Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Marine Ingredients Market is segmented based on Segmentation Application,Source,Product Type,Ingredient,Raw Material,Form.
South Korea Marine Ingredients Market was valued at USD 84.59(Revenue in USD Million) in 2022.
South Korea Marine Ingredients Market is projected to grow at a CAGR of 10.61% during the forecast period of 2024 to 2032.
The Powder segment is expected to dominate the South Korea Marine Ingredients Market , holding a largest market share of 64.35 USD Million in 2024
South Korea Marine Ingredients Market Scope
South Korea Marine Ingredients Market Segmentation & Scope
Application
- Others
- Personal Care and Cosmetics
- Pharmaceutical
- Food & Beverages
- Dietary Supplements
- Pet Food
- Animal and Aquaculture Feed
Source
- Squid
- Others
- Krill
- Algae
- Fish
Product Type
- Others
- Fish Bone
- Marine Collagen
- Marine Peptides
- Marine Proteins
- Fish Oil
- Fish Meal
Ingredient
- Others
- Enzymes
- Fat
- Vitamins
- Fatty Acids
- Ash
- Protein
Raw Material
- By-product
- Whole Fish
Form
- Liquid
- Powder
Frequently Asked Questions
The South Korea Marine Ingredients Market is segmented based on Segmentation Application,Source,Product Type,Ingredient,Raw Material,Form.
South Korea Marine Ingredients Market was valued at USD 84.59(Revenue in USD Million) in 2022.
South Korea Marine Ingredients Market is projected to grow at a CAGR of 10.61% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Marine Ingredients Market for final year is USD 158.31 (USD Million).
South Korea Marine Ingredients Market Company Profiling
Frequently Asked Questions
The South Korea Marine Ingredients Market is segmented based on Segmentation Application,Source,Product Type,Ingredient,Raw Material,Form.
South Korea Marine Ingredients Market was valued at USD 84.59(Revenue in USD Million) in 2022.
South Korea Marine Ingredients Market is projected to grow at a CAGR of 10.61% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Marine Ingredients Market for final year is USD 158.31 (USD Million).
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