Product Launch (Blog)

Jan, 02 2024

Kimchi Unveiled: A Culinary Journey through the Artistry and Tradition of Korea's Iconic Fermented Delicacy

The global kimchi market is a dynamic sector shaped by the increasing popularity of this traditional Korean fermented dish globally. Kimchi, typically made from fermented vegetables such as Napa cabbage and radishes, seasoned with chili pepper, garlic, ginger, and other spices, has transcended cultural boundaries to become a staple in international cuisines. As global culinary preferences diversify, the demand for kimchi has risen, extending beyond traditional Korean cuisine. The market is characterized by a growing demand for diverse flavors and a rising interest in probiotic-rich foods, aligning with the perceived health benefits of kimchi.

Data Bridge Market Research analyses that the Global Kimchi Market was valued at USD 3,323 million in 2021 and is expected to reach the value of USD 4,909.58 million by 2029, at a CAGR of 5.00% during the forecast period of 2022-2029.

"Global expansion drives the market growth"

The global expansion of the food and beverage industry, fueled by the growing trend of embracing international cuisines, has increased demand for innovative products. Consumers worldwide, intrigued by foreign food cultures, are adopting a sharing culture. Local cuisines from smaller countries gain global recognition for their taste and nutritional value. Kimchi, a Korean dish known for its health benefits, nutritional richness, and distinct flavor, is capitalizing on these trends, propelling the growth of the global kimchi market.

What restraints the growth of the global kimchi market?

"Distribution issues hamper the market growth"

Rising distribution challenges significantly impede the expansion of the kimchi market throughout the projected timeframe. The increasing prevalence of distribution issues is a substantial restraining factor, thwarting the seamless supply and accessibility of kimchi products. This obstacle undermines the market's potential for growth, contributing to a heightened sense of uncertainty and hindering the anticipated development of the kimchi industry.

Segmentation: Global Kimchi Market

The global kimchi market is segmented on the basis of type, application, and product. 

  • On the basis type, the global kimchi market is segmented into baechu kimchi (cabbage kimchi), dongchimi (radish water kimchi), kkakdugi (cubed radish kimchi), pa kimchi (green onion kimchi), oi sobagi (stuffed cucumber kimchi)
  • On the basis of application, the global kimchi market is segmented into households, commercial
  • On the basis of product, the global kimchi market is segmented into conventional kimchi, organic kimchi

Regional Insights: Asia-Pacific is expected to dominate the Global Kimchi Market

Asia-Pacific is expected to dominate the global kimchi market from 2022 to 2029, driven by an escalating demand for plant-based diets and a surge in the consumption of healthy, nutritious products in the region. As awareness of the health benefits of kimchi spreads, particularly its plant-based and probiotic-rich nature, the market is poised for significant growth in Asia-Pacific. This trend aligns with the region's evolving dietary preferences, contributing to the increasing popularity of kimchi in the forecasted period.

To know more about the study, visit https://www.databridgemarketresearch.com/reports/global-kimchi-market

The Prominent Key Players Operating in the Global Kimchi Market Include:

  • CHOI'S KIMCHI CO. (U.S.)
  • Kimchi Culture (U.S.)
  • DAESANG (South Korea)
  • Sinto Gourmet (U.S..)
  • Cosmos Food Co., Inc. (U.S..)
  • Real Pickles (U.S.)
  • Mama O's Premium Kimchi (U.S.)
  • Dongwon Group (Seoul)
  • CJ CHEILJEDANG CORP (South Korea)
  • Lucky Foods (U.S.)
  • TOP GOURMET Food Industries Pte Ltd (Singapore)
  • Sunja's Kimchi (U.S.)
  • King's Asian Gourmet (U.S.)
  • Pulmuone Foods USA (U.S.)
  • Elaia Holdings (Hong Kong)
  • Tazaki Foods Limited (U.K.)
  • CHOI'S KIMCHI CO (U.S.)

Above are the key players covered in the report, to know about more and exhaustive list of global kimchi market companies, contact: https://www.databridgemarketresearch.com/contact

Research Methodology: Global Kimchi Market

Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.


Client Testimonials