Agtech in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-23, and forecast to 2028). 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 South Korean agtech market had total revenues of $172.3 million in 2023, representing a compound annual growth rate (CAGR) of 16.7% between 2018 and 2023.
- The devices segment accounted for the market's largest proportion in 2023, with total revenues of $110.2 million, equivalent to 63.9% of the market's overall value.
- South Korea accounted for a 3.7% market share of the Asia-Pacific Agtech market in 2023.
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 2023?
- What will be the size of the South Korea agtech market in 2028?
- 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?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Daedong Corp
- Alga Farmtech Co Ltd
- GreenLab Inc