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Global Kimchi Market Growth 2023-2029
SKU ID : LPI-22305398 | Publishing Date : 05-Jan-2023 | No. of pages : 117
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Kimchi is a traditional fermented food in Korean cuisine. It is a traditional side dish made from salted and fermented vegetables, most commonly cabbage and Korean radishes, with a variety of seasonings, including chili powder, scallions, garlic, ginger, etc. There are hundreds of varieties of kimchi made with different vegetables as the main ingredients. In the past, kimchi was traditionally stored underground in jars to keep cool during warm months and remain unfrozen throughout the winter months, during which time it was a vital source of vegetables. With the developing of technology, kimchi refrigerators are more commonly used to store kimchi.
Researcher's newest research report, the “Kimchi Industry Forecast” looks at past sales and reviews total world Kimchi sales in 2022, providing a comprehensive analysis by region and market sector of projected Kimchi sales for 2023 through 2029. With Kimchi sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Kimchi industry.
This Insight Report provides a comprehensive analysis of the global Kimchi landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Kimchi portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Kimchi market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Kimchi and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Kimchi.
The global Kimchi market size is projected to grow from US$ 3418 million in 2022 to US$ 4937.3 million in 2029; it is expected to grow at a CAGR of 4937.3 from 2023 to 2029.
Korea is the largest Kimchi market with about 51% market share. USA is follower, accounting for about 16% market share.The key manufacturers are CJ, Daesang, Dongwon F&B, Sinto Gourmet, Cosmos Food, Real Pickles, Lucky Foods, Mama O’S, Sunja’s, Top Gourmet, King’s Asian Gourmet, Choi’s Kimchi, MILKimchi, Qingdao Jingfugong, Qingdao Meilinda, Qingdao Nongyu, Qingdao Dongshengda etc. Top 3 companies occupied about 38% market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Kimchi market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Baechu-kimchi
Dongchimi
Kkakdugi
Pa-kimchi
Oi Sobagi
Segmentation by application
Households
Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
CJ
Daesang
Dongwon F&B
Sinto Gourmet
Cosmos Food
Real Pickles
Lucky Foods
Mama O’S
Sunja’s
Top Gourmet
King’s Asian Gourmet
Choi’s Kimchi
MILKimchi
Qingdao Jingfugong
Qingdao Meilinda
Qingdao Nongyu
Qingdao Dongshengda
Key Questions Addressed in this Report
What is the 10-year outlook for the global Kimchi market?
What factors are driving Kimchi market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Kimchi market opportunities vary by end market size?
How does Kimchi break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Researcher's newest research report, the “Kimchi Industry Forecast” looks at past sales and reviews total world Kimchi sales in 2022, providing a comprehensive analysis by region and market sector of projected Kimchi sales for 2023 through 2029. With Kimchi sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Kimchi industry.
This Insight Report provides a comprehensive analysis of the global Kimchi landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Kimchi portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Kimchi market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Kimchi and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Kimchi.
The global Kimchi market size is projected to grow from US$ 3418 million in 2022 to US$ 4937.3 million in 2029; it is expected to grow at a CAGR of 4937.3 from 2023 to 2029.
Korea is the largest Kimchi market with about 51% market share. USA is follower, accounting for about 16% market share.The key manufacturers are CJ, Daesang, Dongwon F&B, Sinto Gourmet, Cosmos Food, Real Pickles, Lucky Foods, Mama O’S, Sunja’s, Top Gourmet, King’s Asian Gourmet, Choi’s Kimchi, MILKimchi, Qingdao Jingfugong, Qingdao Meilinda, Qingdao Nongyu, Qingdao Dongshengda etc. Top 3 companies occupied about 38% market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Kimchi market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Baechu-kimchi
Dongchimi
Kkakdugi
Pa-kimchi
Oi Sobagi
Segmentation by application
Households
Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
CJ
Daesang
Dongwon F&B
Sinto Gourmet
Cosmos Food
Real Pickles
Lucky Foods
Mama O’S
Sunja’s
Top Gourmet
King’s Asian Gourmet
Choi’s Kimchi
MILKimchi
Qingdao Jingfugong
Qingdao Meilinda
Qingdao Nongyu
Qingdao Dongshengda
Key Questions Addressed in this Report
What is the 10-year outlook for the global Kimchi market?
What factors are driving Kimchi market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Kimchi market opportunities vary by end market size?
How does Kimchi break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
