Controlled-Environment Agriculture Market Revenue was valued at USD 5.36 Billion in 2024 and is estimated to reach USD 14.65 Billion by 2033, growing at a CAGR of 11.81% from 2026 to 2033.
South Korea's Controlled-Environment Agriculture Market is experiencing rapid growth, driven by urbanization, technological advancements, and government initiatives. The market is projected to reach USD 927.9 million by 2030, growing at a CAGR of 21% from 2024 to 2030.
Key Types of Controlled-Environment Agriculture:
Greenhouses: Traditional yet evolving, greenhouses account for a significant portion of controlled-environment agriculture, with 50.2% dedicated to fruit-bearing vegetables and fruits.
Vertical Farms: Utilizing building-based and container-based systems, vertical farms are gaining popularity in urban areas, offering efficient use of space and resources.
Growing Methods:
Hydroponics: A dominant method, hydroponics allows for year-round production with reduced water consumption.
Aeroponics and Aquaponics: Emerging as sustainable alternatives, these methods offer rapid growth rates and efficient resource utilization.
Industry Requirements:
Technological Integration: The incorporation of IoT, AI, and automation is essential for monitoring and optimizing environmental conditions.
Government Support: Financial incentives and relaxed regulations are crucial for encouraging investment and development in controlled-environment agriculture.
Urban Adaptability: Solutions must cater to limited urban spaces, making container-based systems and rooftop farms viable options.
In my experience, the integration of advanced technologies like AI and IoT in controlled-environment agriculture has significantly improved crop yields and resource efficiency. The shift towards sustainable and efficient farming methods is not just a trend but a necessity in South Korea's urban landscape.
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AeroFarms
Gotham Greens
Plenty (Bright Farms)
Lufa Farms
Beijing IEDA Protected Horticulture
Green Sense Farms
Garden Fresh Farms
Mirai
Sky Vegetables
TruLeaf
Urban Crops
Sky Greens
GreenLand
Scatil
Jingpeng
Metropolis Farms
Plantagon
Spread
Sanan Sino Science
Nongzhong Wulian
Vertical Harvest
Infinite Harvest
FarmedHere
Metro Farms
Green Spirit Farms
Indoor Harvest
Sundrop Farms
Alegria Fresh
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Controlled-Environment Agriculture Market
Hydroponics
Aeroponics
Vertical Farming
Greenhouses
Container Farming
Fruits
Vegetables
Flowers
Food Microgreens
Commercial Production
Research and Development
Education and Training
Home Gardening
Interconnected Systems
Standalone Systems
Automated Systems
Manual Systems
Agriculture Producers
Research Institutions
Retailers and Resellers
Government Agencies
Institutional Buyers (Schools, Hospitals)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Controlled-Environment Agriculture Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Controlled-Environment Agriculture Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Controlled-Environment Agriculture Market, By Type
6. South Korea Controlled-Environment Agriculture Market, By Application
7. South Korea Controlled-Environment Agriculture Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Controlled-Environment Agriculture Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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