South Korea Agrochemicals Market Size- By Fertilizer Type, By Pesticide Type, By Crop Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
South Korea Agrochemicals Market Introduction and Overview
According to SPER Market Research, ‘South Korea Agrochemical Market Size- By Fertilizer Type, By Pesticide Type, By Crop Type, – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the South Korea Agrochemical Market is estimated to reach USD 394.42 billion by 2033 with a CAGR of 4.71%.
Agricultural chemicals, or agrochemicals, are a broad category of chemical products used in agriculture to protect and increase crop yield. These consist of fertilizers, soil conditioners, and pesticides (herbicides, insecticides, and fungicides). By assisting in the management of pests, illnesses, and weeds, pesticides help avoid crop loss and harm.
The availability and manufacture of agrochemicals have been impacted by COVID-19. The global pandemic has affected a number of businesses globally, including the market for agrochemicals. The amount of workers required for the production of pesticides differed significantly from the number of workers available due to a temporary labor shortage and distribution bottlenecks.
Scope of the Report:Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Fertilizer Type, By Pesticide Type, By Crop Type
Regions covered Northern Region, Southern Region, Western Region, Eastern Region, Central Region
Companies CoveredDaewon GSI, Dongbu Farm Hannong, Farm Hannong, Hankook Shell Chemicals, Kyung Nong Corporation, LG Chem, Namhae Chemical, Korea Agro-Fisheries & Food Trade Corporation (aT), NongHyup Chemical, Samyang Chemical, Others.
South Korea Agrochemicals Market Segmentation:
By Fertilizer Type: Based on the Fertilizer Type, South Korea Agrochemicals Market is segmented as; Nitrogen Fertilizer, Phosphatic Fertilizer, Potassic Fertilizer, Others.
By Pesticide Type: Based on the Pesticide Type, South Korea Agrochemicals Market is segmented as; Fungicides, Herbicides, Insecticides, Others.
By Crop Type: Based on the Crop Type, South Korea Agrochemicals Market is segmented as; Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetable.
By Region:This research also includes data for Northern Region, Southern Region, Western Region, Eastern Region, Central Region.