South Korea Agtech Market Summary, Competitive Analysis and Forecast to 2027

Agtech in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

AgTech refers to the use of technology in farming and agriculture aimed to improve the efficiency, productivity, and sustainability of food production. The global AgTech market is rapidly growing as a result of population growth, increased food demand, climate change, and water scarcity issues.
The South Korean Agtech market had total revenues of $150.2 million in 2022, representing a compound annual growth rate (CAGR) of 16.0% between 2017 and 2022.
The devices segment accounted for the market's largest proportion in 2022, with total revenues of $96.2 million, equivalent to 64.1% of the market's overall value.
The growing effort by the South Korean government to promote sustainable agriculture is fueling market growth.

Scope

Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the agtech market in South Korea
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the agtech market in South Korea
Leading company profiles reveal details of key agtech market players' global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the South Korea agtech market with five year forecasts

Reasons to Buy

What was the size of the South Korea agtech market by value in 2022?
What will be the size of the South Korea agtech market in 2027?
What factors are affecting the strength of competition in the South Korea agtech market?
How has the market performed over the last five years?
Who are the top competitors in South Korea's agtech market?

1 Executive Summary

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape

2 Market Overview

2.1. Market definition
2.2. Market analysis

3 Market Data

3.1. Market value

4 Market Segmentation

4.1. Category segmentation
4.2. Geography segmentation

5 Market Outlook

5.1. Market value forecast

6 Five Forces Analysis

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 Competitive Landscape

7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What have been the most significant mergers/acquisitions in recent years?

8 Company Profiles

8.1. Greenlabs Inc.
8.2. Alga Farmtech Co., Ltd
8.3. Daedong Corp

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology
10.2. Industry associations
10.3. Related Research

About the Publisher

List of Tables

Table 1: South Korea agtech market value: $ million, 2017-22
Table 2: South Korea agtech market category segmentation: % share, by value, 2017-2022
Table 3: South Korea agtech market category segmentation: $ million, 2017-2022
Table 4: South Korea agtech market geography segmentation: $ million, 2022
Table 5: South Korea agtech market value forecast: $ million, 2022-27
Table 6: Greenlabs Inc.: key facts
Table 7: Alga Farmtech Co., Ltd: key facts
Table 8: Daedong Corp: key facts
Table 9: Daedong Corp: annual financial ratios
Table 10: Daedong Corp: key employees
Table 11: South Korea size of population (million), 2018-22
Table 12: South Korea gdp (constant 2005 prices, $ billion), 2018-22
Table 13: South Korea gdp (current prices, $ billion), 2018-22
Table 14: South Korea inflation, 2018-22
Table 15: South Korea consumer price index (absolute), 2018-22
Table 16: South Korea exchange rate, 2018-22

List of Figures

Figure 1: South Korea agtech market value: $ million, 2017-22
Figure 2: South Korea agtech market category segmentation: $ million, 2017-2022
Figure 3: South Korea agtech market geography segmentation: % share, by value, 2022
Figure 4: South Korea agtech market value forecast: $ million, 2022-27
Figure 5: Forces driving competition in the agtech market in South Korea, 2022
Figure 6: Drivers of buyer power in the agtech market in South Korea, 2022
Figure 7: Drivers of supplier power in the agtech market in South Korea, 2022
Figure 8: Factors influencing the likelihood of new entrants in the agtech market in South Korea, 2022
Figure 9: Factors influencing the threat of substitutes in the agtech market in South Korea, 2022
Figure 10: Drivers of degree of rivalry in the agtech market in South Korea, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Greenlabs Inc.
Alga Farmtech Co., Ltd
Daedong Corp

License	Format	Properties	Price
SINGLE USER LICENSE PDF	The product is a PDF.	This is a single user license, allowing one user access to the product.	€476EUR$500USD£400GBP
SITE LICENSE PDF	The product is a PDF.	This is a site license, allowing all users within a given geographical location of your organization access to the product.	€713EUR$750USD£601GBP
ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€951EUR$1,000USD£801GBP

Key Highlights

Scope

Reasons to Buy

Table of Contents

Companies Mentioned (Partial List)

Related Topics

Related Reports

The Global Market for AgriTech 2024-2034

Global Farm Equipment Market - Top 6 Market Players - Annual Strategy Dossier - 2024 - Deere & Co., CNH Industrial, AGCO, CLAAS, SDF, Kubota

World's Top 6 Farm Equipment Manufacturers: John Deere, CNH, AGCO, CLASS, SDF, Kubota - Comparative SWOT & Strategy Focus, 2024-2027

Agritech Market: Analysis By Type, By Application, By Region Size & Forecast with Impact Analysis of COVID-19 and Forecast up to 2029

Agricultural Variable Rate Technology Global Market Report 2024