SEOUL, Aug. 9 (Korea Bizwire) – South Korea’s agricultural ministry said Wednesday it plans to expand the size of the pet industry to 15 trillion won (US$11.47 billion) by 2027 amid the growing number of households with dogs or cats. The target marks a sharp rise from just 8 trillion won tallied in 2022, according [...]
SEOUL, June 16 (Korea Bizwire) — South Korea on Wednesday announced a new set of measures for pet-related businesses to better protect animal rights in line with the growing number of pets in the country. Under the measures, puppy farms are obligated to make the width and length of cages at least 2.5 times the [...]
GYEONGGI, Aug. 26 (Korea Bizwire) — The Gyeonggi Economy & Science Institute has selected twenty business startups in the companion animal industry for the first time this year, and has started to help them develop new products. The selected startups possess new technology and outstanding ideas in premium pet food, health care products, beauty supplies, [...]
SEOUL, June 15 (Yonhap) – With the number of people living with pets on the rise, South Korea’s many regional governments have been jumping on the bandwagon of the pet industry to meet increasing demand for facilities and accommodations for pet use. According to the government’s data, pets are raised in more than 20 percent [...]
SEOUL, Feb.11 (Korea Bizwire) – With the number of Korean pet-owners now exceeding 10 million, various businesses catering to the needs of pets are appearing. The size of the pet industry was estimated to reach 1.8 trillion won last year. Despite the sluggish economy, ‘petfams’ (a term created by putting together ‘pet’ and ‘family’) are [...]
ST. LOUIS, April 21, 2014 (Korea Bizwire) – Purina ONE is building on the feline phenomenon already popular in Europe and Asia to open the first ever Cat Cafe in America. Patrons can sip “cat’achinos” while spending time with and learning about cats, cat health and Purina ONE’s 28 Day Challenge. Purina ONE hopes this encourages [...]