South Korea Agricultural Market Insight
Published: 03 June 2026 | Report Format: Electronic (PDF)
South Korea agricultural market will grow at 6.06% due to smart farming adoption, government support for sustainable agriculture, rising food demand, agricultural modernization
South Korea Agricultural Market Insights Forecasts to 2035
- The South Korea Agricultural Market Size Was Estimated USD 18.6 Billion in 2025
- The Market Size is Expected to Grow at a CAGR of around 6.06 % from 2025 to 2035
- The South Korea Agricultural Market Size is Expected to rise around USD 33.5 Billion by 2035
Notable Insights for the South Korea Agricultural Market
- Segmentation by Product Type indicates smart farming equipment & precision agriculture systems dominated the South Korea Agricultural Market in 2025 with 48% share due to increasing automation, monitoring, and productivity enhancement demand.
- Segmentation on the basis of Application indicates that crop production & greenhouse farming segment dominated the South Korea Agricultural Market in 2025 with around 55% share due to rising food demand and technological integration in farming.
- World-wide projected revenue of Deere & Company in fiscal year 2025 would be around $61 billion, owing to increasing demand for agricultural machinery, smart farming systems, and precision agriculture technologies.
- Increasing investment in agricultural modernization, sustainable farming initiatives, and digital monitoring systems is expected to drive market growth, where precision agriculture technologies improve crop productivity by nearly 36% and reduce water usage by around 28%.
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Why Buy This Report
- Gives an in-depth analysis of the impact of trends in smart farming, precision agriculture, sustainable crop production, and automation technologies on the South Korea Agricultural Market growth.
- Provides strategic insights regarding technology innovation such as AI-based farming systems, drone monitoring technologies, IoT-enabled irrigation systems, and real-time crop analytics platforms.
- Assists players to analyze competitive benchmarking, investment in agricultural technologies, automation in farming operations, and expansion strategies by major agricultural equipment manufacturers.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea Agricultural Market, along with a comparative evaluation primarily based on their product of 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.
Top Companies in South Korea Agricultural Market
- Deere & Company
- Kubota Corporation
- Mahindra & Mahindra Ltd.
- LS Mtron Ltd.
- Daedong Corporation
- AGCO Corporation
- Yanmar Holdings Co., Ltd.
- CNH Industrial N.V.
- Iseki & Co., Ltd.
- DJI Agriculture
Recent Developments:
- In October 2025, Daedong Corporation introduced AI-powered autonomous farming equipment integrated with smart monitoring technologies for efficient crop management operations.
- In July 2025, LS Mtron Ltd. launched next-generation smart tractors optimized for precision farming, greenhouse agriculture, and automated field operations.
Market Segmentation:
South Korea Agricultural Market, By Product Type
- Smart Farming Equipment
- Precision Agriculture Systems
- Agricultural Machinery
- Irrigation & Water Management Systems
- Greenhouse Farming Technologies
South Korea Agricultural Market, By Technology
- AI-Based Farming Systems
- IoT-Enabled Agricultural Monitoring
- Drone-Based Crop Surveillance
- Automated Irrigation Technologies
- Real-Time Farm Analytics Platforms
South Korea Agricultural Market, By Application
- Crop Production
- Greenhouse Farming
- Livestock Farming
- Precision Irrigation
Expert Views:
The market for agriculture in South Korea will grow owing to the rise in demand for smart farming technologies, increasing modernization in farming operations, and growing investment in sustainable agriculture practices. The inclusion of artificial intelligence-based monitoring systems, Internet of Things enabled irrigation technologies, and automated agricultural machinery will enhance operational efficiency and boost the demand for advanced agricultural solutions in the South Korean market.
Author: Komal and Pranali By Spherical Insights and Consulting