South Korea Food Diagnostics Market to 2032
Overview
The South Korea Food Diagnostics Market is expected to reach a 923.52 USD Million by 2032 and is projected to grow at a CAGR of 9.37% from 2025 to 2032.
Revenue, 2024 (USD Million)
554.81
Forecast, 2032 (USD Million)
923.52
CAGR, 2024 - 2032
9.37%
Report Coverage
South Korea
South Korea Food Diagnostics Market 2018-2032 USD Million
South Korea Food Diagnostics Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 554.81 USD Million
- Projected Market Size (2032): 923.52 USD Million
- CAGR (2025-2032): 9.37%
Key Findings of South Korea Food Diagnostics Market
- The South Korea Food Diagnostics Market was valued at 554.81 USD Million in 2024.
- The South Korea Food Diagnostics Market is likely to grow at a CAGR of 9.37% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment In-house in Site Segment accounted for the largest share of the market with a revenue of 384.20 USD Million
- The fastest growing segment Cereals & Grains in Application Segment grew Fastest with a CAGR of 11.25% during the forecast period from 2024 to 2032.
South Korea Food Diagnostics Market Scope
South Korea Food Diagnostics Market Segmentation & Scope
Application
- Beverages
- Nuts
- Oilseeds & Pulses
- Cereals & Grains
- Food
Type of Tests
- Food Shelf Life Testing Market
- Food Authenticity Testing
- Food Safety Testing
Site
- Outsourcing Facility
- In-house
Testing Type
- Consumables
- Test Kits
- System
South Korea Food Diagnostics Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 554.81 USD Million |
| Market Value in 2032 | 923.52 USD Million |
| CAGR (2025-2032) | 9.37% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Type of Tests,Site,Testing Type |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 554.81 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 554.81 USD Million in 2024.
Segments and Scope
-
South Korea Food Diagnostics Market to 2032, By Application
- Food is the largest segment in South Korea Food Diagnostics Market to 2032 with a revenue of 189.97 USD Million in the year 2024.
- Cereals & Grains is the Fastest growing segment in South Korea Food Diagnostics Market to 2032 with a Growth rate of 7.50 % in forecast period 2025-2032.
-
South Korea Food Diagnostics Market to 2032, By Type of Tests
- Food Safety Testing is the largest segment in South Korea Food Diagnostics Market to 2032 with a revenue of 309.43 USD Million in the year 2024.
- Food Authenticity Testing is the Fastest growing segment in South Korea Food Diagnostics Market to 2032 with a Growth rate of 9.21 % in forecast period 2025-2032.
-
South Korea Food Diagnostics Market to 2032, By Site
- In-house is the largest segment in South Korea Food Diagnostics Market to 2032 with a revenue of 384.20 USD Million in the year 2024.
- In-house is the Fastest growing segment in South Korea Food Diagnostics Market to 2032 with a Growth rate of 9.44 % in forecast period 2025-2032.
-
South Korea Food Diagnostics Market to 2032, By Testing Type
- System is the largest segment in South Korea Food Diagnostics Market to 2032 with a revenue of 339.86 USD Million in the year 2024.
- System is the Fastest growing segment in South Korea Food Diagnostics Market to 2032 with a Growth rate of 10.12 % in forecast period 2025-2032.
South Korea Food Diagnostics Market Company Share Analysis
| Company Name |
|
||
| Thermo Fisher Scientific Inc. | |||
| Shimadzu Corporation | |||
| SGS Société Générale de Surveillance SA | |||
| Agilent Technologies, Inc. | |||
| ALS | |||
South Korea Food Diagnostics Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Food Diagnostics Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Food Diagnostics Market is segmented based on Segmentation Application,Type of Tests,Site,Testing Type.
South Korea Food Diagnostics Market was valued at USD 554.81(Revenue in USD Million) in 2021.
South Korea Food Diagnostics Market is projected to grow at a CAGR of 9.37% during the forecast period of 2024 to 2032.
The In-house segment is expected to dominate the South Korea Food Diagnostics Market, holding a largest market share of 384.20 USD Million in 2024
South Korea Food Diagnostics Market Scope
South Korea Food Diagnostics Market Segmentation & Scope
Application
- Beverages
- Nuts
- Oilseeds & Pulses
- Cereals & Grains
- Food
Type of Tests
- Food Shelf Life Testing Market
- Food Authenticity Testing
- Food Safety Testing
Site
- Outsourcing Facility
- In-house
Testing Type
- Consumables
- Test Kits
- System
Frequently Asked Questions
The South Korea Food Diagnostics Market is segmented based on Segmentation Application,Type of Tests,Site,Testing Type.
South Korea Food Diagnostics Market was valued at USD 554.81(Revenue in USD Million) in 2021.
South Korea Food Diagnostics Market is projected to grow at a CAGR of 9.37% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Food Diagnostics Market for final year is USD 923.52 (USD Million).
South Korea Food Diagnostics Market Company Profiling
Frequently Asked Questions
The South Korea Food Diagnostics Market is segmented based on Segmentation Application,Type of Tests,Site,Testing Type.
South Korea Food Diagnostics Market was valued at USD 554.81(Revenue in USD Million) in 2021.
South Korea Food Diagnostics Market is projected to grow at a CAGR of 9.37% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Food Diagnostics Market for final year is USD 923.52 (USD Million).
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