![A dog wearing a cherry-shaped necklace poses for a photo at the K-Pet Fair held in Coex, southern Seoul, on July 21. [YONHAP]](https://cdn.petnews2day.com/wp-content/uploads/2023/08/Korea-aims-to-be-pet-friendly-by-doubling-market-by-2027.jpg?strip=all&lossy=1&quality=64&webp=50&avif=38&sharp=1&w=696&ssl=1)
A dog using a cherry-shaped locket positions for an image at the K-Pet Fair kept in Coex, southern Seoul, on July 21. [YONHAP]
The federal government prepares to double the size of the family pet care market to 15 trillion won ($11.4 billion) by 2027.
The family pet food, pet health care, family pet service and family pet tech markets will be cultivated into a premium market under the “Everywhere K-pet Care Industry” objective, the Ministry of Agriculture, Food and Rural Affairs revealed Wednesday.
The ministry said the family pet market has actually ended up being a brand-new development market creating brand-new jobs as both the variety of family pet owners and focus on animal rights boost.
The variety of homes with animals grew 65.4 percent in between 2012 and 2022 to 6.02 million. However, the domestic family pet market is still fairly little compared to the worldwide market, and was $6.2 billion, or 1.6 percent of the worldwide pie, since 2022, according to Seoul National University.
![Dogs eye pet food samples displayed at the Daegu Pet Show 2023 held in Exco, Daegu, on June 9. [NEWS1]](https://cdn.petnews2day.com/wp-content/uploads/2023/08/1691867055_928_Korea-aims-to-be-pet-friendly-by-doubling-market-by-2027.jpg?strip=all&lossy=1&quality=64&webp=50&avif=38&sharp=1&w=696&ssl=1)
Dogs eye family pet food samples showed at the Daegu Pet Show 2023 kept in Exco, Daegu, on June 9. [NEWS1]
The federal government’s family pet task will concentrate on promoting 4 core sectors: family pet food, pet health care, family pet service and family pet tech.
Pet food will be differentiated from food for animals under an animal food-specialized system on par with worldwide requirements by 2024. The brand-new system will control how pet foods are classified and promoted in addition to their nutrition requirements.
The federal government intends to sustain the family pet food market to $5 million in family pet food exports by 2027, triple 2022’s $1.49 million figure.
In pet health care, the federal government will reduce the weight of value-added tax troubled some 100 frequently-occurring healthcare, consisting of internal, skin, eye, surgical treatment, emergency situation and oral treatments from October. The relocation is approximated to cut value-added tax by approximately 90 percent.
![A veterinarian examines a dog at an animal clinic in Seongbuk District, northern Seoul, on Jan. 4. [NEWS1]](https://cdn.petnews2day.com/wp-content/uploads/2023/08/1691867056_366_Korea-aims-to-be-pet-friendly-by-doubling-market-by-2027.jpg?strip=all&lossy=1&quality=64&webp=50&avif=38&sharp=1&w=696&ssl=1)
A vet takes a look at a dog at an animal center in Seongbuk District, northern Seoul, on Jan. 4. [NEWS1]
Field tests for online treatments will be carried out in the coming years, with the Food Ministry to seek advice from the Financial Services Commission to establish brand-new family pet insurance coverage strategies and enable their sales at animal healthcare facilities.
For family pet services, a brand-new nationwide certificate for animal fitness instructors and habits trainers will be produced to provide around 1,500 systems each year beginning in 2024. Systematic enhancements will likewise be carried out to increase the number and functions of veterinary nurses.
The Animal Protection Act will be changed later on in the year to raise the present 300-meter range constraint in between an animal burial center and largely inhabited locations.
![A pet owner spends time with her puppy at a dog playground in Songpa District, southern Seoul, on May 18. [NEWS1]](https://cdn.petnews2day.com/wp-content/uploads/2023/08/1691867057_873_Korea-aims-to-be-pet-friendly-by-doubling-market-by-2027.jpg?strip=all&lossy=1&quality=64&webp=50&avif=38&sharp=1&w=696&ssl=1)
A family pet owner hangs out with her puppy at a dog play ground in Songpa District, southern Seoul, on May 18. [NEWS1]
In the family pet tech sector, chosen start-ups will receive assistance worth 2.8 million won. This will be on top of the 10-billion-won assistance for family pet start-ups and low-interest business loans.
“Pet-related industries are commonly found in developed countries but are still in their early growth phase in Korea,” Food Minister Chung Hwang-keun said.
The federal government will promote the family pet care market locally and leader its export growth, he included.
BY IM SOUNG-BIN, SOHN DONG-JOO [[email protected]]
