South Korea Seed Market Size, Share, and COVID-19 Impact Analysis, By Type (Genetically Modified Seeds, and Conventional Seeds), By Seed Type (Oilseeds, Cereals and Grains, Fruits and Vegetables, Burpee and Park, and Others), and South Korea Seed Market Insights, Industry Trend, Forecasts to 2035.

South Korea Seed Market Insights Forecasts to 2035

• The South Korea Seed Market Size was estimated at USD 1.4 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 6.50% from 2025 to 2035
• The South Korea Seed Market Size is Expected to Reach USD 2.8 Billion by 2035

According to a research report published by Spherical Insights & Consulting, the South Korea Seed Market Size is anticipated to reach USD 2.8 Billion by 2035, growing at a CAGR of 6.50% from 2025 to 2035. Growing use of eco-friendly methods is in line with the national trend toward organic and non-GMO seeds, which is the main factor propelling market expansion.

Market Overview

The South Korea Seed Market encompasses the production, distribution, and use of seeds for a range of horticultural, ornamental, and agricultural uses within the nation are all included in the South Korea Seed Market. Food security, crop productivity, and the overall agricultural economy are all impacted by this market, which is essential to South Korea's agricultural system. Also, the Innovation in agriculture, technological developments, and a growing focus on sustainable practices are driving the South Korean seed market. High-quality seeds are becoming more and more in demand as efforts to increase crop productivity and ensure food security increase. Furthermore, the demand for genetically modified and disease-resistant seeds has increased due to the use of sophisticated farming methods like smart agriculture and precision farming. In addition, government programs encouraging agricultural modernization and a drive for self-sufficiency fuel the expansion of the seed industry.

Report Coverage

This research report categorizes the market for the South Korea seed market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea 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 seed market.

Driving Factors

Demand for seeds that support sustainable and health-conscious farming methods is rising as consumers grow more aware of the source and quality of their food. Furthermore, technological trends are important, such as the application of biotechnology in seed development. Seeds that have been genetically modified (GM) to provide better qualities, like increased nutritional value or resistance to pests and diseases, are becoming more and more popular. The market for seeds is also being impacted by the incorporation of digital technologies in agriculture, such as precision farming and data-driven decision-making. In addition, the landscaping and ornamental industries influence the dynamics of the South Korean seed market.

Restraining Factors

South Korea's agricultural productivity is at risk due to anticipated rises in sea levels and average temperatures. The demand for seeds suited to particular climatic conditions may be impacted by decreased crop yields brought on by altered seasonal patterns and an increase in pest and disease occurrences.

Market Segmentation

The South Korea seed market share is classified into type and seed type.

• The conventional seeds segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea Seed market is segmented by type into genetically modified seeds and conventional seeds. Among these, the conventional seeds segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Conventional seeds continue to rule the market despite the growing popularity of genetically modified (GM) seeds because of their increased yields and resistance to pests, as well as consumer preferences for non-GMO crops and laws that restrict the use of GM seeds. Technological developments in seed development and sustainable farming practices also have an impact on the market.

• The cereals and grains segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea Seed market is segmented by seed type into oilseeds, cereals and grains, fruits and vegetables, burpee and park, and others. Among these, the cereals and grains segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The nation's strong agricultural emphasis on staple crops like rice, wheat, and barley which are crucial for both economic stability and food security is the main cause of this. Cereals and grains predominate because of their extensive cultivation and strong demand, even though oilseeds, fruits, vegetables, and other seed varieties are also important. Industry reports offer a more thorough examination of market trends and projections if you're searching for more in-depth information.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea 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

• AntModity
• WithPlant Inc.
• GREEN E N G CO., LTD.
• Korean Seed Association (KOSA)
• Kwonnong Seed Co., Ltd
• Others

Recent Developments:

• In February 2024, Vaniva is a cutting-edge product that Syngenta Korea introduced to manage nematodes in crops. This introduction demonstrates Syngenta's dedication to offering cutting-edge agricultural pest management solutions.

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 seed market based on the below-mentioned segments:

South Korea Seed Market, By Type

• Genetically Modified Seeds
• Conventional Seeds

South Korea Seed Market, By Seed Type

• Oilseeds
• Cereals and Grains
• Fruits and Vegetables
• Burpee and Park
• Others