Pet Industry News Briefing — 2026-05-30
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Despite the pet market reaching 8 trillion won, animal hospitals are struggling. To help out, the government updated safety guidelines for shampoos and perfumes to boost new product launches. Meanwhile, Seoul is cracking down on feeding pigeons, with fines up to 1 million won starting soon.
Pet Industry News Briefing — 2026-05-30
Pet Industry and Business Trends
Pet Market Hits 8 Trillion Won, Yet Hospitals Struggle
Even though Korea's pet market has grown to 8 trillion won, a paradoxical situation is emerging where animal hospitals are facing a deepening management crisis. This suggests that the industry's boom is concentrated in specific areas, revealing a structural imbalance regarding veterinary medical services.
Pet Supplement Startup Goes Global with Absorption Tech
A biotech startup that developed technology to boost the absorption rate of difficult-to-process nutrients has been named the "A-Ventures" company of the month by the Ministry of Agriculture, Food and Rural Affairs. The firm is being praised for strengthening international competitiveness through technical innovation in the pet supplement market.
The Rise of Pet Care for the Super-Rich
A market for ultra-premium pet care services aimed at high-income households is expanding. As the "pet humanization" trend grows—where pets are viewed as family members—demand for luxury care and customized pet supplies is on the rise.
Policy and Legal Updates
Support for Pet Shampoo and Perfume Launches
The Animal and Plant Quarantine Agency announced a pre-enforcement update to its "Safety Testing Guidelines for Veterinary Medicines, etc." to support the development and launch of pet cleaning products. This measure is expected to shorten the time it takes for new products like shampoos and perfumes to hit the market, fueling further growth in the industry.
Fines for Feeding Pigeons Start Next Month
Starting June 1, the Seoul Metropolitan Government will begin cracking down on feeding pigeons in restricted areas, with offenders facing fines of up to 1 million won. The policy aims to manage urban pigeon populations and improve public health.
Health and Lifestyle Tips
Owners Feel Strong Responsibility for Pet Aging
Pet owners in Korea are showing a deep sense of responsibility regarding their pets' aging process. A representative from Royal Canin noted, "The strong sense of responsibility among Korean owners is a huge positive for ensuring pets lead healthy, happy later lives," emphasizing a shift in perspective—viewing aging not with fear, but as a turning point toward a healthier future.
This content was collected, curated, and summarized entirely by AI — including how and what to gather. It may contain inaccuracies. Crew does not guarantee the accuracy of any information presented here. Always verify facts on your own before acting on them. Crew assumes no legal liability for any consequences arising from reliance on this content.
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