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AgTech in South Korea

Publisher GlobalData
Published Jul 17, 2025
Length 36 Pages
SKU # GBDT20492703

Description

AgTech in South Korea

Summary

AgTech in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). 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 at improving the efficiency, productivity, and sustainability of food production. The global agricultural technology market is growing due to population growth, increased food demand, climate change, and water scarcity issues.
  • The South Korean AgTech market recorded revenues of $198.3 million in 2024, representing a compound annual growth rate (CAGR) of 15.0% between 2019 and 2024.
  • The devices segment accounted for the market's largest proportion in 2024, with total revenues of $126.5 million, equivalent to 63.8% of the market's overall value.
  • South Korea captured a share of 3.7% in the Asia-Pacific AgTech market in 2024.
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 2024?
  • What will be the size of the South Korea agtech market in 2029?
  • 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 competitiors in South Korea's agtech market?

Table of Contents

36 Pages
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 are the government Initiatives in this market?
8 Company Profiles
8.1. Daedong Corp
8.2. Greenlabs Inc.
8.3. Alga Farmtech Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related GlobalData research
10.4. About GlobalData
List of Tables
Table 1: South Korea agtech market value: $ million, 2019-24
Table 2: South Korea agtech market category segmentation: % share, by value, 2019-24
Table 3: South Korea agtech market category segmentation: $ million, 2019-24
Table 4: South Korea agtech market geography segmentation: $ million, 2024
Table 5: South Korea agtech market value forecast: $ million, 2024-29
Table 6: Daedong Corp: Key Facts
Table 7: Daedong Corp: annual financial ratios
Table 8: Daedong Corp: key employees
Table 9: Greenlabs Inc.: Key Facts
Table 10: Alga Farmtech Co Ltd: Key Facts
Table 11: South Korea Exchange Rate, 2019-24
List of Figures
Figure 1: South Korea agtech market value: $ million, 2019-24
Figure 2: South Korea agtech market category segmentation: $ million, 2019-24
Figure 3: South Korea agtech market geography segmentation: % share, by value, 2024
Figure 4: South Korea agtech market value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the agtech market in South Korea, 2024
Figure 6: Drivers of buyer power in the agtech market in South Korea, 2024
Figure 7: Drivers of supplier power in the agtech market in South Korea, 2024
Figure 8: Factors influencing the likelihood of new entrants in the agtech market in South Korea, 2024
Figure 9: Factors influencing the threat of substitutes in the agtech market in South Korea, 2024
Figure 10: Drivers of degree of rivalry in the agtech market in South Korea, 2024

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