Market Snapshot:
Kimchi is a traditional salted vegetable taken as a side dish or main dish. Rising popularity of this Korean cuisine is attributed by health benefits offered by it as it not only promotes digestion but controls cholesterol as well. It is made by fermented vegetables and Korean red pepper.
Highlights from Kimchi Market Study
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Billion) |
CAGR | 6.8% |
The key Vendors profiled in the report are CheilJedang Corp (South Korea), MILKimchi Inc (South Korea), Granny Choe's Kimchi Co. (South Korea), I'm Kimchi (Taiwan), Ozuke (United States), TOP GOURMET Food Industries Pte Ltd. (Singapore), Chan Chan Chan (Singapore), King's Asian Gourmet (United States), Real Pickles (United States), Mama O's (South Korea), CHOI'S KIMCHI CO (South Korea), Nong Shim (South Korea) and The pure produce company (Australia). Additionally, other players that are part of this comprehensive study are Sinto Gourmet (United States), Sunja's Kimchi (United States), Tobagi (United States), Cosmos Food Co. Inc. (South Korea) and Others.
Geographic Breakdown and Segment Analysis
The Global Kimchi market presents a comprehensive analysis of the Kimchi market by product type (BAECHU KIMCHI, DONGCHIMI, KKAGDUGI, PA KIMCHI, OI SOBAGI and Others), by end-user/application (Restaurants and Hotels, Enterprises, Institutions and schools, Households and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Kimchi industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Kimchi market
Analyst at AMA have segmented the market study of Global Kimchi market by Type, Application and Region.
Influencing Trend:
Increasing demand for organic kimchi, Packaging innovations and Omni-channel Retailing and Labeling Strategy
Market Growth Drivers:
Health benefits associated with kimchi with respect to promoting digestion and regulating cholesterol, Soaring popularity of organic food and beverages and Regular consumption of kimchi reduces the overall risk of various cardiac disorders such as strokes and heart attacks
Challenges:
Lack of Distribution Network
Restraints:
Limited Adoption Rate in Various Geographic Regions
Opportunities:
Availability of Flavored Kimchi
Market Developments Activities:
In June 2023, Daesang has acquired U.S. food firm Lucky Foods to boost its sales of kimchi in the world's largest economy as part of its global expansion plan, Korea's largest kimchi maker.
In February 2024, Cleveland Kitchen, a leading innovator and trendsetter in the fermented foods space, is thrilled to announce the launch of its new, addictively delicious Kimchi Pickles in 466 Whole Foods Markets stores across the country.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Key Target Audience
Kimchi Producers, Kimchi Distributors/Suppliers, Raw Material Suppliers, End Users and Others