Kimchi Market Size to grow by USD 1137.4 million between 2024-2028
According to a research report “ Kimchi Market” by Distribution Channel (Offline, Online) Product (Conventional kimchi, Organic kimchi) Geography (APAC, North America, Europe, Middle East and Africa, South America)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 1137.4 million, at a CAGR of 4.96% during the forecast period. In the dynamic global kimchi market, vendors are strategically broadening their product offerings by introducing innovative variants. This approach aims to bolster market presence and secure a competitive edge. Some manufacturers are also developing health-conscious kimchi versions, such as Pulmuone's 100% plant-based Nasoya kimchi, launched in February 2021. This cholesterol-free, vegan product, available in mild and spicy flavors, caters to diverse consumer preferences and can be incorporated into various recipes, including hot dogs, pizzas, and salads..
Browse market data tables, figures, and in-depth TOC on “Kimchi Market” by Distribution Channel (Offline, Online) Product (Conventional kimchi, Organic kimchi) Geography (APAC, North America, Europe, Middle East and Africa, South America) Global Forecast to 2028. Download Free Sample
By Distribution Channel, the Offline segment is projected to dominate the market size in 2024
In the dynamic business landscape, Kimchi Market distinguishes itself by offering a unique and authentic range of traditional Korean fermented food products. Leveraging our expertise in the production and distribution of kimchi and related items, we cater to both local and international markets, ensuring consistent quality and customer satisfaction. Our strategic partnerships and collaborations enable us to stay at the forefront of industry trends and innovations, positioning Kimchi Market as a trusted and leading player in the fermented food industry.
By Product, Conventional kimchi segment is expected to hold the largest market size for the year 2024
In the dynamic business landscape, Kimchi Market distinguishes itself by offering a unique and authentic range of traditional Korean fermented food products. Leveraging our expertise in the production and distribution of kimchi and related items, we cater to both local and international markets, ensuring consistent quality and customer satisfaction. Our strategic partnerships and collaborations enable us to stay at the forefront of industry trends and innovations, positioning Kimchi Market as a trusted and leading player in the fermented food industry.
APAC is forecasted to hold the largest market size by region in 2024
In the dynamic business landscape, Kimchi Market distinguishes itself by offering a unique and authentic range of traditional Korean fermented food products. Leveraging our expertise in the production and distribution of kimchi and related items, we cater to both local and international markets, ensuring consistent quality and customer satisfaction. Our strategic partnerships and collaborations enable us to stay at the forefront of industry trends and innovations, positioning Kimchi Market as a trusted and leading player in the fermented food industry.
The Kimchi Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
.
For insights on company offerings- Request a sample report!
Research Analysis Overview
The Kimchi market, a significant segment in the global fermented food industry, exhibits a fragmented dominance due to the competitive nature among various players. This market caters to a diverse customer base, primarily consisting of Mexicans and other ethnic groups with an affinity for Korean cuisine. Key Kimchi products include Baechu Kimchi, made with cabbage and garlic, as well as Jeotgal, which features fermented seafood and spices. These dishes offer numerous health benefits, such as probiotics, dietary fiber, and ginger, making them popular choices for those seeking nutritious and flavorful meal options. Kimchi is versatile, finding its way into various dishes like Rice cakes, Porridge, Stews, Soups, Kimchi pancake, Kimchi stew, and Kimchi fried rice. The market's success levels are evaluated based on Product Satisfaction, with consumers appreciating the unique taste and health advantages that Kimchi provides.
Market Research Overview
The Kimchi market encompasses the production and distribution of this traditional fermented food, primarily associated with the Mexicans and originating from the Koreans. Key ingredients include Garlic, Baechu Kimchi, Probiotics, Dietary fiber, and Fermented seafood. The market exhibits a strong presence in the Global Kimchi market, with significant demand driven by its health benefits, including Cardiovascular diseases prevention, Digestive health improvement, and Antioxidant content. Spices like Ginger and Spring onions, along with Korean chilli powder (Gochugaru), add flavor to various Kimchi dishes, such as Kimchi pancake, Kimchi stew, Kimchi fried rice, Kimchi soup, Rice cakes, Porridge, and Stews. The sector's competitive nature is characterized by amalgamation traits and fragmentation dominance, with a diverse customer base and varying success levels. Brainy Insights offers Customized solutions, Syndicate reports, and Data analytics to help businesses evaluate their Product Satisfaction and market position in the Kimchi industry's quadrants. Untapped opportunities and Development impetus continue to drive sectorial representation, with Kimchi's versatility extending to Japanese sushi and Pickles. The market's trade surplus further highlights its significance in the food industry.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Safe and Secure SSL Encrypted
One user only.
Quick & easy download option
Unlimited user access (Within your organization).
Complimentary Customization Included
*For Enterprise license, go to checkout page
Get the report (PDF) sent to your email within minutes.
