South Korea Cotton Seed Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Conventional Cotton Seed, Genetically Modified Cotton Seed), By Application (Textile Industry, Animal Feed, Biofuel, and Others), and South Korea Cotton Seed Market Insights, Industry Trend, Forecasts to 2035
Industry: AgricultureSouth Korea Cotton Seed Market Insights Forecasts to 2035
- The South Korea Cotton Seed Market size is Expected to Grow at a CAGR of around 2.7% from 2025 to 2035
- The South Korea Cotton Seed Market size is expected to hold a significant Share by 2035
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According to a research report published by Spherical Insights & Consulting, the South Korea Cotton Seed Market is anticipated to grow at a CAGR of 2.7% from 2025 to 2035. The market is driven by rising demand for high-protein animal feed and cost-effective oil sources, the South Korea cotton seed market is experiencing steady growth.
Market Overview
The South Korea cotton seed market is defined as the import, distribution and consumption of cotton seeds, for animal feed, biofuels, and limited form for textile processing. There is little cotton grown domestically in South Korea, which means that sources of cotton seed are limited to imported supplies from the largest producing countries, particularly the USA, India, and Australia. Cotton seeds are important for their oil and for its high-protein meal used in cattle and ruminant feeds. In recent years, interest in cotton seed has increased as demand has increased due to growth in the livestock sector and interest in alternative biofuels. The cotton seed market is also influenced by cotton production levels globally, price fluctuations and regulatory standards surrounding genetically modified organisms and gossypol levels. Overall, the cotton seed market is a niche market that is relevant in the market scope of agricultural inputs in South Korea.
Report Coverage
This research report categorizes the market for the South Korea cotton seed market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea cotton seed market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea cotton seed market.
South Korea Cotton Seed Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 2.7% |
Historical Data for: | 2020-2023 |
No. of Pages: | 210 |
Tables, Charts & Figures: | 117 |
Segments covered: | By Product Type, By Application and COVID-19 Impact Analysis |
Companies covered:: | Monsanto Company, Bayer CropScience, Syngenta AG, Corteva Agriscience, BASF SE, Louis Dreyfus Co., Others. |
Pitfalls & Challenges: | Covid-19 Empact, Challenges, Growth, Analysis. |
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Driving Factors
Rising demand for high-protein animal feed in livestock and dairy markets is driving the South Korea cotton seed market. Cottonseed meal has always been the cheapest protein source in cattle feed, but as demand for biofuels grows, cottonseed oil is also being used more and more as a sustainable input option. Genetically modified cotton seeds are being supplied worldwide through exporters and will only help to increase supply chain efficiencies and demand with higher yields and quality.
Restraining Factors
The South Korea cotton seed market faces restraints such as the lack of domestic cotton production, resulting in complete reliance on imports. Volatility in world prices, disruption in supply chains, and restrictions on the use of gossypol-free seeds arising from gossypol screening in feeds limit non-ruminant feed possibilities. Consumer resistance towards genetically modified seeds.
Market Segmentation
The South Korea Cotton Seed Market share is classified into product type and application.
- The genetically modified cotton seed segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea cotton seed market is segmented by product type into conventional cotton seed and genetically modified cotton seed. Among these, the genetically modified cotton seed segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is due to its yield, resistance against pests, and the availability of seeds from major cotton-producing and exporting countries such as the United States, Brazil, and India. Oil extraction and the meal are highly favoured because of the efficiency of extracting oil from cottonseed and its yield.
- The animal feed segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea cotton seed market is segmented by application into textile industry, animal feed, biofuel, and others. Among these, the animal feed segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period. Cottonseed meal is a common ingredient in livestock feed and especially used for cattle and ruminants because of its efficiency and price competitiveness, making it an important part in livestock diets today. The increasing demand for quality feed in South Korea’s livestock industry is furthering this segments surging demand.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea cotton seed market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Monsanto Company
- Bayer CropScience
- Syngenta AG
- Corteva Agriscience
- BASF SE
- Louis Dreyfus Co.
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea cotton seed market based on the below-mentioned segments:
South Korea Cotton Seed Market, By Product Type
- Conventional Cotton Seed
- Genetically Modified Cotton Seed
South Korea Cotton Seed Market, By Application
- Textile Industry
- Animal Feed
- Biofuel
- Others
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