South Korea Agricultural Products Market to 2027
Summary
Agricultural Products in South Korea industry profile provides top-line qualitative and quantitative summary information including: 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
- The agricultural products industry includes the production of various crops such as cereals (like wheat, rice, and barley), oil crops (including cottonseed, groundnuts, and olives), sugar (from sugar cane and sugar beet), pulses (such as beans, peas, and lentils), roots & tubers (like potatoes, sweet potatoes, and cassava), vegetables (including cabbages, tomatoes, and onions), fruits (such as bananas, citrus fruits, and berries), as well as other crops include nuts (such as almonds, hazelnuts, and pistachios), spices, and stimulants like coffee, hops, and dry chilies.
- The South Korean agricultural products market had total revenues of $17.6 billion in 2022, representing a compound annual growth rate (CAGR) of 1.2% between 2017 and 2022.
- Market production volumes declined with a negative CAGR of 1.1% between 2017 and 2022, reaching a total of 17.4 million tons in 2022.
- The growth in the South Korean agricultural products market is influenced by several macroeconomic factors, such as rising GDP and growing business confidence. For instance, according to the Organisation for Economic Co-operation and Development (OECD), the business confidence index in South Korea reached 100.14 in January 2022, up from 99.29 in January 2021.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the agricultural products market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the agricultural products market in South Korea
- Leading company profiles reveal details of key agricultural products market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea agricultural products market with five year forecasts
- What was the size of the South Korea agricultural products market by value in 2022?
- What will be the size of the South Korea agricultural products market in 2027?
- What factors are affecting the strength of competition in the South Korea agricultural products market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's agricultural products market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume 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 key players in this sector?
- 7.2. What strategies do the leading players follow?
- 8 Company Profiles
- 8.1. Cargill International SA
- 8.2. Nexton Co Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: South Korea agricultural products market value: $ billion, 2017–22
- Table 2: South Korea agricultural products market volume: million tonnes, 2017–22
- Table 3: South Korea agricultural products market category segmentation: % share, by value, 2017–2022
- Table 4: South Korea agricultural products market category segmentation: $ billion, 2017-2022
- Table 5: South Korea agricultural products market geography segmentation: $ billion, 2022
- Table 6: South Korea agricultural products market value forecast: $ billion, 2022–27
- Table 7: South Korea agricultural products market volume forecast: million tonnes, 2022–27
- Table 8: Cargill International SA: key facts
- Table 9: Cargill International SA: Key Employees
- Table 10: Nexton Co Ltd: key facts
- 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 agricultural products market value: $ billion, 2017–22
- Figure 2: South Korea agricultural products market volume: million tonnes, 2017–22
- Figure 3: South Korea agricultural products market category segmentation: $ billion, 2017-2022
- Figure 4: South Korea agricultural products market geography segmentation: % share, by value, 2022
- Figure 5: South Korea agricultural products market value forecast: $ billion, 2022–27
- Figure 6: South Korea agricultural products market volume forecast: million tonnes, 2022–27
- Figure 7: Forces driving competition in the agricultural products market in South Korea, 2022
- Figure 8: Drivers of buyer power in the agricultural products market in South Korea, 2022
- Figure 9: Drivers of supplier power in the agricultural products market in South Korea, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the agricultural products market in South Korea, 2022
- Figure 11: Factors influencing the threat of substitutes in the agricultural products market in South Korea, 2022
- Figure 12: Drivers of degree of rivalry in the agricultural products market in South Korea, 2022
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