The article cited AMA's Global Doenjang Market Study explored substantial growth with CAGR of 11.8%. According the report, The demand for improved quality and taste of food is rising in the market. Food with proper nutritional values and good taste is what the need of the hour is. Also, the increasing number of the population is shifting towards adopting different kinds of international cuisines. is one of the primary growth factors for the market. Growing Inclination of Developing Countries towards Doenjang, as Exhibiting Properties like Antioxidant, Anticancer, etc is also expected to contribute significantly to the Doenjang market. Overall, Salads applications of Doenjang, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Chung Jung One(South Korea), MARUSAN-AI Co., Ltd. (Japan), SEMPIO FOODS COMPANY (South Korea), CJ Foods (United States), Taehwa Food Inc.(South Korea), Roland(Japan), Maeil Food(South Korea) and Bibigo(United States) may see astonishing sales in this Market and certainly improve revenue growth.

The Packaging, such as Jars, is boosting the Doenjang market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The End-User, such as Household, is boosting the Doenjang market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Doenjang market identified that the demand is rising in many different parts of the world as "Increasing Demand from Commercial Sector Including Restaurants, Hotels, Food Chains". Furthermore, some recent industry insights like "In March 14, 2022, Sempio, a major Korean manufacturer of Doenjang, launched a new line of Doenjang products called "Imun Doenjang" which is made with organic soybeans and traditional fermentation methods." is constantly making the industry dynamic. One of the challenges that industry facing is "Inability to Absorb the High Proteins and Vitamins Gained From Doenjang"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Doenjang market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Doenjang market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Doenjang market tight?
• Which application/end-user category or Product Type [Hansik Doenjang (Made by Traditional Style), Doenjang (Made by Non-Traditional Style) and Seasoned Doenjang (Mixture of Above)] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Doenjang market and other related sub-markets covered in the study.

o Key & emerging players in the Doenjang market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Doenjang market size is calculated using market estimation process, the Doenjang market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Doenjang market size has been validated using both top-down and bottom-up approaches.