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South Korea's farming sector has used different pest control techniques, but as industrialization and urbanization advance, the demand for efficient crop protection methods has been on the rise. The use of chemical pesticides in agriculture in the mid-20th century was a significant shift that increased crop yields and protected against pests and diseases. In the past few years, South Korea has prioritized enhancing the safety and effectiveness of crop protection products by implementing strict regulations and compliance measures. MAFRA supervises the control of pesticides and herbicides to guarantee they comply with safety requirements for both human health and the environment. The ARECS is an essential part of the regulatory system, mandating thorough testing and assessment of new chemical substances prior to their market release. This dedication to safety has resulted in a gradual decrease in the utilization of dangerous pesticides, encouraging the implementation of integrated pest management (IPM) techniques.
Advancements in biotechnology and research and development (R&D) have fueled innovation in the crop protection sector of South Korea. The government has put money into agricultural research and development to improve resistance to pests and create sustainable methods of protecting crops. Farmers are increasingly turning to biopesticides and eco-friendly options to reduce chemical use and meet consumer demand for safer food.According to the report titled, “South Korea Crop protection Chemical Research Report, 2029”, published by Actual Market Research the market is segmented by product type, by application, and by country. Major companies like Bayer, Syngenta, BASF, and Corteva Agriscience are important in the South Korean crop protection sector, as they provide herbicides, insecticides, and fungicides suitable for the region. These companies have set up robust research and development centers in South Korea, working with local agricultural institutions to develop practical solutions for the particular pest problems encountered by South Korean farmers. LG Chemical and Hanmi Science, local companies, have important roles in meeting regional agricultural needs and following regulatory standards with their products.
Collaboration between various industry stakeholders is essential for fostering innovation and enhancing crop protection methods. Collaborations between global companies and rural farming collectives have helped in the exchange of expertise and assets, encouraging the implementation of up-to-date agricultural practices. The South Korean government has also started different initiatives to assist agricultural cooperatives and smallholder farmers, allowing them to utilize modern crop protection technologies and receive training on sustainable practices. South Korea heavily relies on imported crop protection products for trade, mainly because they have a small capacity for local production. The nation brings in a significant amount of its pesticides and herbicides from international producers, guaranteeing a consistent source of efficient products for its farmers.Herbicides dominate South Korea's crop protection market because of the country's intensive agricultural practices and urgent demand for successful weed control. South Korea's farming scene is known for its high-value crops like rice, vegetables, and fruits, which need substantial inputs to produce the best yields.
The problem of weed competition is very important because it can greatly reduce crop productivity by using up vital resources such as nutrients and water. Consequently, South Korean farmers are more dependent on herbicides to sustain high yields and quality in their crop production. The use of herbicides is supported by agricultural technology improvements, such as creating herbicide-resistant crop strains that enable precise weed management without harming the crops. This new development improves herbicide application effectiveness and decreases the environmental effects linked to weed control. Additionally, the increasing shift towards precision agriculture in South Korea, using data-driven methods to enhance farming techniques, has improved the accuracy and efficiency of herbicide usage. Major players in the herbicide industry in South Korea consist of large agribusiness corporations like Bayer, Syngenta, and BASF, providing a variety of herbicides tailored to the specific needs of South Korean farming.
These companies dedicate substantial resources to research and development in order to develop creative solutions that tackle the problems encountered by farmers in the area.Oilseeds and pulses are leading in South Korea's crop protection market due to their significant role in enhancing food security and supporting the country's agricultural sustainability. As South Korea strives to reduce its reliance on imported agricultural products, the cultivation of domestic oilseeds—such as soybean and canola—has gained prominence. These crops are essential for producing cooking oils, animal feed, and various food products, meeting the growing consumer demand for healthier, plant-based options. The increasing consumption of pulses, including beans and lentils, is also notable, as they are valued for their high protein content and nutritional benefits. With the rising trend of health-conscious diets, pulses have become integral to South Korean cuisine, further driving their production. However, the cultivation of oilseeds and pulses faces challenges from pests, diseases, and weed competition, making effective crop protection measures essential to ensure optimal yields and crop quality.
To address these challenges, South Korean farmers are increasingly adopting a range of crop protection products, including herbicides, insecticides, and fungicides tailored for oilseeds and pulses. This focus on integrated pest management (IPM) strategies promotes sustainable agricultural practices and minimizes environmental impact. Leading suppliers in South Korea’s oilseed and pulse crop protection market include global agribusiness giants such as Bayer, Syngenta, and Corteva Agriscience, which offer innovative solutions specifically designed for local conditions. Additionally, domestic companies like LG Chem and Hanon Systems are significant players, providing tailored products that meet the unique needs of South Korean farmers.COVID-19 Impact The outbreak of COVID-19 has affected public health as well as the global economy. The COVID-19 impact on the global economy has resulted in socio-economic disruptions; along with other industries, the spread of COVID-19 has affected the agriculture input sector. The coronavirus has impacted critical processes in the production and distribution of agrochemicals, from raw material imports to end-product manufacturing.
The supply chain was hindered due to the travel restrictions imposed by many different countries globally. The fluctuating prices of chemicals as raw materials along with the inconsistent demand from the consumers during times of economic distress hampered the market growth rate. Major companies mentioned: Basf SE, Bayer AG, Corteva AgriSciences, FMC Corporation, Huapont Life Sciences, Nufarm, Sumitomo Chemicals, Syngenta AG, UPLConsidered in the report • Geography: South korea • Base year: 2023 • Historical year: 2018 • Forecasted year: 2029Regions & countries covered: • North America (US, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Russia) • Asia Pacific (China, Japan, India, Australia, Malasia, Thailand) • South America (Brazil, Argentina, Colombia) • Middle East & Africa (Turkey, Saudi Arabia, Israel, South Africa)Aspects covered in the report• Market Size by Value for the period (2018-2029F)• Market Share by Product Type (Herbicide, Insecticide, Fungicides & Bactericides, and Others)• Market Share by Application (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others)• Market Share by Region• Market Share by Country• Market Share by CompanyThe approach of the report:We keep an eye on evolving markets and try to evaluate the potential of the products and services. If we find the market interesting, we start working on it and create the desired table of content, considering all aspects of the business. We start by creating separate questionnaires for C-level executives, national/regional sales personnel, company owners, dealers, distributors, and end-users. Once the questionnaires have been finalized, we start collecting the primary data (mostly through phone calls) and try to understand the market dynamics regionally or tier-wise.
This process gives us in-depth details of the market, including all present companies, the top-performing products with reasons why they dominate; we get the details of new players and their innovative approaches; market trends; dynamics; and all the small details of the market. After the collection of primary inputs, we then cross-check the same with secondary sources that include associations, trade journals, annual reports, paid databases, newspapers, magazines, press releases, government sources, etc. From this, we get a rough estimate of the market and start checking existing product price variants, trade, production, raw material scenarios, policies and regulatory landscape, etc. Then, to finalize the market, we start collecting financials of each player present in the market, including limited, private limited, and LLPs. At the same time, the content team starts preparing company profiles, market dynamics, market trends, five forces, PEST analysis, etc. Once the data is verified by the data expert, the team (primary team, content team, and data team) together crosscheck the segmentations, validate the market, and then the designing team starts plotting the graphs.
Once the file is ready, the content team completes the report and makes sure that all the discussed points have been covered and provides their valuable inputs in the form of strategic recommendations for new as well as existing players. The QC team then checks the overall report that includes spell check, data verification, and makes the same dispatch ready and error-free.Intended AudienceThis report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Agriculture industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry..
Table of Contents
- 1. Executive Summary
- 2. Market Structure
- 2.1. Market Considerate
- 2.2. Assumptions
- 2.3. Limitations
- 2.4. Abbreviations
- 2.5. Sources
- 2.6. Definitions
- 2.7. Geography
- 3. Research Methodology
- 3.1. Secondary Research
- 3.2. Primary Data Collection
- 3.3. Market Formation & Validation
- 3.4. Report Writing, Quality Check & Delivery
- 4. South Korea Macro Economic Indicators
- 5. Market Dynamics
- 5.1. Market Drivers & Opportunities
- 5.2. Market Restraints & Challenges
- 5.3. Market Trends
- 5.3.1. XXXX
- 5.3.2. XXXX
- 5.3.3. XXXX
- 5.3.4. XXXX
- 5.3.5. XXXX
- 5.4. Covid-19 Effect
- 5.5. Supply chain Analysis
- 5.6. Policy & Regulatory Framework
- 5.7. Industry Experts Views
- 6. South Korea Crop Protection Market Overview
- 6.1. Market Size By Value
- 6.2. Market Size and Forecast, By Product
- 6.3. Market Size and Forecast, By Application
- 7. South Korea Crop Protection Market Segmentations
- 7.1. South Korea Crop Protection Market, By Product
- 7.1.1. South Korea Crop Protection Market Size, By Herbicide, 2018-
- 20297.1.2. South Korea Crop Protection Market Size, By Insecticide, 2018-
- 20297.1.3. South Korea Crop Protection Market Size, By Fungicides & Bactericides, 2018-
- 20297.1.4. South Korea Crop Protection Market Size, By Others, 2018-
- 20297.2. South Korea Crop Protection Market, By Application
- 7.2.1. South Korea Crop Protection Market Size, By Cereals & Grains, 2018-
- 20297.2.2. South Korea Crop Protection Market Size, By Oilseeds & Pulses, 2018-
- 20297.2.3. South Korea Crop Protection Market Size, By Fruits & Vegetables, 2018-
- 20297.2.4. South Korea Crop Protection Market Size, By Others, 2018-
- 20298. South Korea Crop Protection Market Opportunity Assessment
- 8.1. By Product, 2024 to
- 20298.2. By Application, 2024 to
- 20299. Competitive Landscape
- 9.1. Porter's Five Forces
- 9.2. Company Profile
- 9.2.1. Company
- 19.2.1.1. Company Snapshot
- 9.2.1.2. Company Overview
- 9.2.1.3. Financial Highlights
- 9.2.1.4. Geographic Insights
- 9.2.1.5. Business Segment & Performance
- 9.2.1.6. Product Portfolio
- 9.2.1.7. Key Executives
- 9.2.1.8. Strategic Moves & Developments
- 9.2.2. Company
- 29.2.3. Company
- 39.2.4. Company
- 49.2.5. Company
- 59.2.6. Company
- 69.2.7. Company
- 79.2.8. Company
- 810. Strategic Recommendations
- 11. Disclaimer
- Table 1: Influencing Factors for Crop Protection Market, 2023
- Table 2: South Korea Crop Protection Market Size and Forecast, By Product (2018 to 2029F) (In USD Million)
- Table 3: South Korea Crop Protection Market Size and Forecast, By Application (2018 to 2029F) (In USD Million)
- Table 4: South Korea Crop Protection Market Size of Herbicide (2018 to 2029) in USD Million
- Table 5: South Korea Crop Protection Market Size of Insecticide (2018 to 2029) in USD Million
- Table 6: South Korea Crop Protection Market Size of Fungicides & Bactericides (2018 to 2029) in USD Million
- Table 7: South Korea Crop Protection Market Size of Others (2018 to 2029) in USD Million
- Table 8: South Korea Crop Protection Market Size of Cereals & Grains (2018 to 2029) in USD Million
- Table 9: South Korea Crop Protection Market Size of Oilseeds & Pulses (2018 to 2029) in USD Million
- Table 10: South Korea Crop Protection Market Size of Fruits & Vegetables (2018 to 2029) in USD Million
- Table 11: South Korea Crop Protection Market Size of Others (2018 to 2029) in USD Million
- Figure 1: South Korea Crop Protection Market Size By Value (2018, 2023 & 2029F) (in USD Million)
- Figure 2: Market Attractiveness Index, By Product
- Figure 3: Market Attractiveness Index, By Application
- Figure 4: Porter's Five Forces of South Korea Crop Protection Market
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