South Korea Pet Diabetes Care Market Size & Outlook
South Korea pet diabetes care market, 2018-2030 (US$M)
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South Korea pet diabetes care market highlights
- The South Korea pet diabetes care market generated a revenue of USD 24.1 million in 2023 and is expected to reach USD 47.6 million by 2030.
- The South Korea market is expected to grow at a CAGR of 10.2% from 2024 to 2030.
- In terms of segment, dogs was the largest revenue generating animal type in 2023.
- Cats is the most lucrative animal type segment registering the fastest growth during the forecast period.
Pet diabetes care market data book summary
| Market revenue in 2023 | USD 24.1 million |
| Market revenue in 2030 | USD 47.6 million |
| Growth rate | 10.2% (CAGR from 2023 to 2030) |
| Largest segment | Dogs |
| Fastest growing segment | Cats |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dogs, Cats |
| Key market players worldwide | Merck & Co Inc, Zoetis, BD, Boehringer Ingelheim, ACON Laboratories, Taidoc |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.3% of the global pet diabetes care market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan pet diabetes care market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 77.9 million by 2030.
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Pet Diabetes Care Market Scope
Pet Diabetes Care Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea pet diabetes care market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pet diabetes care market will help companies and investors design strategic landscapes.
Dogs was the largest segment with a revenue share of 52.28% in 2023. Horizon Databook has segmented the South Korea pet diabetes care market based on dogs, cats covering the revenue growth of each sub-segment from 2018 to 2030.
i-SENS, Inc. is a publicly operated South Korean medical device company that specializes in diabetes products for human and animal use. The company’s veterinary portfolio includes Vet Mate Blood Glucose Monitoring System for cats and dogs.
On the other hand, pharmaceutical companies in the country are increasingly focusing on the pet treatment market, particularly on diseases such as diabetes and cognitive impairment afflicting old pets.
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Target buyers of South Korea pet diabetes care market databook
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Our clientele includes a mix of pet diabetes care market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea pet diabetes care market , including forecasts for subscribers. This country databook contains high-level insights into South Korea pet diabetes care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea pet diabetes care market size, by animal type, 2018-2030 (US$M)
South Korea Pet Diabetes Care Market Outlook Share, 2023 & 2030 (US$M)
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