South Korea Fish Market Insight
Published: 24 July 2026 | Report Format: Electronic (PDF) | Author: Komal and Pranali
The Korean fish market is going to get bigger. It will grow at a rate of 4.11 percent every year from 2025 to 2035.
South Korea Fish Market Insights Forecasts to 2035
- The South Korea Fish Market Size Was Estimated USD 10.84 Billion in 2025
- The Market Size is Expected to Grow at a CAGR of around 4.11% from 2025 to 2035
- The South Korea Fish Market Size is Expected to rise around USD 16.21 Billion by 2035
Notable Insights for the South Korea Fish Market
- The Fish category is popular. It has big share of market for fresh fish and seafood with 55.1% in 2024. People spent lot of money on Fish, around USD 2.7 billion when they bought it from stores.
- Most people buy fish and seafood from stores. This is happening because people want to buy seafood and these new ways of buying are becoming very popular.
- The South Korean Ministry said that fish farming, which is also called aquaculture produced 12% fish in 2025 with a total of 2.53 million tons. The total amount of fish and seafood produced was 3.94 million tons.
- The Korean fish and seafood market is very big, and it was worth USD 10.3 billion, in 2024. The year in 2025 the South Korean fish and seafood market made USD 7.07 billion from selling Fish and seafood.
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What Makes Decisions Advisors Research Unique?
- AI-Driven Fisheries Market Intelligence & Consumption Analytics Insights
Decision Advisors delivers advanced AI research on fish consumption trends, supply chain management, and other relevant industry developments to the South Korea Fish Market. The growth potential of the retail, food processing, and aquaculture industries within the nation is analyzed.
- Robust Research Methodology with Accurate Forecasting Models
The research methodology comprises direct interviews with fish producers, distributors, and experts in retail, as well as secondary research through government sources such as fisheries, imports/exports data, and industrial reports. In the context of South Korea Fish Market, this ensures accuracy in market estimation, CAGR, and investment opportunities.
- Comprehensive Competitive and Ecosystem Analysis
This research evaluates leading suppliers of fish products, distribution firms, and large-scale retailers. The study offers detailed insights into the factors that affect the South Korea Fish Market including competitiveness, innovations in aquaculture, alliances, regulations, and new opportunities.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea fish market, along with a comparative evaluation primarily based on their product of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
Top Companies in South Korea Fish Market
- Dongwon F&B Co., Ltd.
- Sajo Industries Co., Ltd.
- Hansung Enterprise
- Nonghyup (Fisheries Division)
- Ottogi
- Daesang
- CJ CheilJedang
- Pulmuone
- Shilla Fisheries
- KFTC
Recent Developments:
- In April 2025, Ottogi added food options to its line of convenience foods. These new foods are for people in South Korea who care about their health. The new foods are meals made with seafood.
- In February 2025, Sajo Industries worked with seafood suppliers in South Korea. This was done to get fish in a way that's good for the environment. Sajo Industries also wanted to make high quality frozen seafood products.
Market Segmentation:
South Korea Fish Market, By Product Type
- Fresh Fish
- Frozen Fish
- Chilled & Processed Fish
- Dried Fish
South Korea Fish Market, By Distribution Channel
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- Supermarkets & Hypermarkets
- Fish Markets
- Online Retail
- Specialty Stores
South Korea Fish Market, By End-Use
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- Direct Household Consumption
- Food Processing
- Foodservice
Expert Views:
The fish market of South Korea is anticipated to experience consistent growth due to seafood consumption, development of aquaculture, and high demand for quality fish products. The sustainable fishing techniques, cold chain management, and e-commerce operations, facilitated by the government's policies for fisheries modernization and food security, will make the market competitive and support its growth until 2035.
Author: Komal and Pranali By Decisions Advisors and Consulting