South Korea Seed Potatoes Market was valued at USD 0.5 Billion in 2022 and is projected to reach USD 0.9 Billion by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
The South Korea Seed Potatoes Market has been witnessing notable growth over recent years, driven by the increasing demand for high-quality potatoes and the development of advanced agricultural technologies. Seed potatoes are essential for the agricultural industry, particularly for potato cultivation, and their significance extends to food processing, packaging, and export markets. This article explores the growing applications of seed potatoes in South Korea and the requirements from various industries that rely on them.
In South Korea, the demand for seed potatoes has been surging as farmers and agricultural experts strive to meet the increasing demand for both local consumption and export. The country's growing interest in high-quality food products has pushed industries to seek out premium seed potatoes that can yield superior crops with better resistance to diseases and adverse weather conditions. The market for seed potatoes is thus influenced by agricultural innovation, as well as the need for a consistent and reliable food supply.
One of the major applications of seed potatoes in South Korea is in the food production sector. Potatoes are widely used in various processed food items, such as fries, chips, and mashed potatoes. The demand for these products has been rising, particularly due to the expansion of fast-food chains and ready-to-eat meals. As a result, the potato farming industry is turning to improved seed potato varieties that can offer higher yields and faster growth rates.
Another key application of seed potatoes is in the agricultural and farming sector, where they are essential for generating healthy, disease-free crops. Farmers in South Korea are increasingly focused on using certified seed potatoes to ensure that the potatoes are free from pests and diseases, which can significantly affect crop yield and quality. This is important not only for domestic agriculture but also for export markets where high-quality crops are demanded.
Furthermore, the South Korean government has also set regulations and standards for seed potato production to maintain quality and prevent the spread of plant diseases. These regulations help ensure that the seed potatoes available on the market meet both domestic and international standards, making them suitable for local farms and international markets alike.
Ultimately, the South Korea Seed Potatoes Market is experiencing dynamic growth, fueled by an increasing demand for high-quality agricultural products. Farmers, food producers, and the government are all working together to improve the quality, yield, and sustainability of seed potatoes, driving the industry to new heights.
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HZPC
Agrico
Germicopa
EUROPLANT Pflanzenzucht
Solana
Danespo
C. Meijer
NORIKA
Interseed Potatoes
IPM
Bhatti Agritech
Valley Tissue Culture
Alex McDonald
Murphy
Xisen Potato Industry Group
SnowValley Agricultural Group
Hohhot Huaou Starch
Beidahuang Potato Group
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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 Seed Potatoes Market
Certifiable Seed Potatoes
Commercial Seed Potatoes
Seed Potatoes for Organic Farming
Layed Seed Potatoes
Small Seed Potatoes (less than 28 mm)
Medium Seed Potatoes (28 mm to 50 mm)
Large Seed Potatoes (greater than 50 mm)
Russet Potatoes
Round White Potatoes
Red Potatoes
Purple Potatoes
Fingerling Potatoes
Field Grown Seed Potatoes
Hydroponic Seed Potatoes
Micropropagated Seed Potatoes
Commercial Farming
Home Gardening and Landscaping
Research and Development (Agricultural Research Institutes)
Seed Potato Retailers
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Seed Potatoes 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 Seed Potatoes Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Seed Potatoes Market, By Type
6. South Korea Seed Potatoes Market, By Application
7. South Korea Seed Potatoes Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Seed Potatoes Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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