South Korea Transgenic Seeds Market was valued at USD 0.8 Billion in 2022 and is projected to reach USD 1.2 Billion by 2030, growing at a CAGR of 5.8% from 2024 to 2030.
The South Korea transgenic seeds market is experiencing rapid growth, driven by increasing demand for genetically modified (GM) crops that offer enhanced yields and resistance to pests and diseases. The country's agricultural industry, one of the most advanced in Asia, is integrating these innovations to improve productivity and ensure food security. In the face of climate change and a growing population, South Korea's reliance on transgenic seeds has become a critical solution for its agricultural challenges.
In South Korea, the transgenic seeds market serves various applications across agriculture. These genetically modified crops, including corn, soybeans, and canola, are being widely adopted due to their ability to withstand harsh environmental conditions and produce higher yields with fewer resources. Industries like food production, biofuel manufacturing, and animal feed rely on these seeds to meet the growing demand for sustainable raw materials. Moreover, the seeds are designed to increase resistance to herbicides and pests, reducing the need for harmful pesticides and fertilizers, making them more attractive to environmentally-conscious consumers and businesses.
The growing requirement for transgenic seeds from industries in South Korea is largely driven by the need for increased agricultural productivity. For example, the food and beverage sector requires high-quality, pest-resistant crops to meet the demands of a sophisticated consumer base that expects both sustainability and affordability. Similarly, biofuel industries in the country have been shifting towards genetically modified crops to produce higher quantities of bioethanol and other green fuels. These innovations align with the nation’s sustainable development goals, ensuring a steady supply of resources while reducing environmental impacts.
South Korea’s transgenic seeds market also benefits from strong government support. Policies promoting biotechnology and the approval of genetically modified organisms (GMOs) have paved the way for the widespread adoption of these crops. Additionally, research institutions and private players are continually investing in advanced breeding techniques to develop more efficient and resilient crop varieties.
With the continued rise of the transgenic seeds market in South Korea, industries are poised to benefit from the diverse applications of these innovative crops, ensuring both economic growth and environmental sustainability in the coming years.
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Monsanto
DuPont
Syngenta
Bayer Crop Science
Limagrain
Suntory
Land O' Lakes
KWS AG
Simplot
Sakata
DLF-Trifolium
Takii
Bejo
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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 Transgenic Seeds Market
Cereals and Grains
Oilseeds and Pulses
Fruits and Vegetables
Others
Herbicide Tolerance
Pest Resistance
Others
Agriculture
Horticulture
Forestry
Gene Editing
Transgenesis
Insecticide Treatment
Fungicide Treatment
Others
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Transgenic Seeds 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 Transgenic Seeds Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Transgenic Seeds Market, By Type
6. South Korea Transgenic Seeds Market, By Application
7. South Korea Transgenic Seeds Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Transgenic Seeds Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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