South Korea Herbicides Market Size & Outlook, 2022-2030

The herbicides market in South Korea is expected to reach a projected revenue of US$ 203.9 million by 2030. A compound annual growth rate of 7.4% is expected of South Korea herbicides market from 2023 to 2030.
Revenue, 2022 (US$M)
$115.4
Forecast, 2030 (US$M)
$203.9
CAGR, 2023 - 2030
7.4%
Report Coverage
South Korea

South Korea herbicides market highlights

  • The South Korea herbicides market generated a revenue of USD 115.4 million in 2022 and is expected to reach USD 203.9 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 7.4% from 2023 to 2030.
  • In terms of segment, cereals & grains was the largest revenue generating application in 2022.
  • Fruits & Vegetables is the most lucrative application segment registering the fastest growth during the forecast period.

Herbicides market data book summary

Market revenue in 2022USD 115.4 million
Market revenue in 2030USD 203.9 million
Growth rate7.4% (CAGR from 2022 to 2030)
Largest segmentCereals & grains
Fastest growing segmentFruits & Vegetables
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCereals & Grains, Oilseeds & Pulses, Fruits & Vegetables
Key market players worldwideBasf SE, Bayer AG, Dow Inc

Other key industry trends

  • In terms of revenue, South Korea accounted for 0.6% of the global herbicides market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China herbicides market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 835.2 million by 2030.

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Herbicides Market Scope

Herbicides market segmentation & scope

Herbicides Market Companies

Name Profile # Employees HQ Website

South Korea herbicides market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to herbicides market will help companies and investors design strategic landscapes.


Cereals & grains was the largest segment with a revenue share of 41.77% in 2022. Horizon Databook has segmented the South Korea herbicides market based on cereals & grains, oilseeds & pulses, fruits & vegetables covering the revenue growth of each sub-segment from 2018 to 2030.


  • South Korea Herbicides Application Outlook (Revenue, USD Million, 2018-2030)
    • Cereals & Grains
    • Oilseeds & Pulses
    • Fruits & Vegetables
    • Others

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Target buyers of South Korea herbicides market databook

  • Our clientele includes a mix of herbicides market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea herbicides market , including forecasts for subscribers. This country databook contains high-level insights into South Korea herbicides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea herbicides market size, by application, 2018-2030 (US$M)

South Korea Herbicides Market Outlook Share, 2022 & 2030 (US$M)

South Korea herbicides market size, by application, 2018-2030 (US$M)

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