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.
Global giant manufactures mainly distributed in Korea and China. The manufacturers in Korea have a long history and unshakable status in this field. Manufacturers such as CJ, DAESANG and DONGWON F?B. The market size of Revenue in Korea was 1464.47 million USD in 2017 and it will be 2205.68 million USD in 2025, with a CAGR 5.25% from 2017 to 2025.
Chinese manufacturers also play important roles in the market of kimchi, they are vital providers for Korean Kimchi market. And the same times, Korean manufacturers also export their Kimchi to the Japan, USA and rest of word. There are many small companies in the USA, they manage their business as a family style, and the business scale is not so large.
According to this study, over the next five years the Kimchi market will register a 5.2% CAGR in terms of revenue, the global market size will reach USD 3850 million by 2024, from USD 3000 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Kimchi business, shared in Chapter 3.
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.
This study considers the Kimchi value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Baechu-kimchi
Dongchimi
Kkakdugi
Pa-kimchi
Oi Sobagi
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Households
Commercial
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Kimchi consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Kimchi market by identifying its various subsegments.
Focuses on the key global Kimchi manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Kimchi with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Kimchi submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
