Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis
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According to a research report published by Spherical Insights & Consulting, the Global Kimchi Market Size is Expected to Grow from USD 4,328.3 Million in 2023 to USD 7,124.8 Million by 2033, at a CAGR of 5.11% during the forecast period 2023-2033.
Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the Global Kimchi Market Size, Share, and COVID-19 Impact Analysis, By Category (Organic, Conventional, and Others), By Packaging (Bottles & Jars, Pouches, Boxes, Tubs & Trays, Cans, and Others), By End User (Food Service Sector, Retail/Household, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
The global kimchi market includes the manufacturing, distribution, and consumption of kimchi, a traditional Korean fermented vegetable dish recognized for its rich flavor, probiotics, and health benefits. It contains classic, vegan, and regional versions for the retail and foodservice industries. The market is being pushed by the expanding global popularity of Korean cuisine, increased health consciousness, and demand for fermented foods. Increased exports, media influence, and the availability of easy, ready-to-eat options have all contributed to its rapid rise, with significant popularity in South Korea and expanding markets in North America, Europe, and Asia Pacific. Furthermore, the global kimchi market is being pushed by the growing popularity of Korean cuisine worldwide, higher awareness of the health advantages of fermented foods, and rising demand for probiotic-rich products. Kimchi is popular among health-conscious customers due to its digestive and immune-boosting benefits. The growing global influence of Korean culture through media, entertainment, and exports has increased demand. However, many countries have strict limitations on the importation of goods such as kimchi. These recommendations cover labelling regulations, quality standards, and adherence to specific health and safety protocols. Compliance with these rules may be difficult for kimchi exporters, especially smaller enterprises or those located in areas where meeting these standards may be difficult. Some countries impose severe limitations on the components found in food products.
The conventional segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.
Based on the category, the kimchi market is divided into organic, conventional, and others. Among these, the conventional segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. This is attributed to its original flavor, which is based on traditional Korean recipes, as well as its profound cultural significance. Conventional kimchi is popular among domestic and international consumers looking for authenticity, because to its distinct flavor, which is often increased by fish-based seasonings. Its known health benefits, ubiquitous availability, and strong presence in foodservice contribute to its dominant market dominance.
The bottles & jars segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.
Based on the packaging, the kimchi market is divided into bottles & jars, pouches, boxes, tubs & trays, cans, and others. Among these, the bottles & jars segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. This is due to consumers appreciate these package formats because they are easy to store, reusable, and provide portion control. Bottles and jars also provide improved contamination prevention and are commonly utilized in retail distribution, making them appropriate for both conventional and ready-to-eat kimchi products. Their attraction to consumers looking for long-lasting and sanitary packaging solutions fuels their market domination.
The retail/household segment accounted for the majority of the share in 2023 and is estimated to grow at the fastest CAGR during the projected timeframe.
Based on the end user, the kimchi market is divided into the food service sector, retail/household, and others. Among these, the retail/household segment accounted for the majority of the shares in 2023 and is estimated to grow at the fastest CAGR during the projected timeframe. This is due to the growing popularity of home cooking and the incorporation of kimchi into regular meals, which is motivated by its health advantages and variety. Furthermore, the growing availability of kimchi in convenient packaging and a variety of tastes in supermarkets and online platforms has increased its accessibility and attractiveness to people globally.
Asia-Pacific is estimated to hold the largest share of the kimchi market over the forecast period.
Asia-Pacific is estimated to hold the largest share of the kimchi market over the forecast period. Kimchi, a vital aspect of Asian and Pacific food culture, particularly in South Korea, China, and Japan, is a staple dish with deep roots in their culinary traditions. The high consumption of kimchi products in this region is a major driving force behind the market's growth. According to the Cultural Heritage Administration in Seoul, over 95 percent of Koreans eat kimchi at least once a day, with more than 60 percent include it in their breakfast, lunch, and dinner. This substantial consumption pattern adds greatly to the market's growth.
North America is predicted to have the fastest CAGR growth in the kimchi market over the forecast period. Consumers' growing health awareness has increased demand for fermented and probiotic-rich foods such as kimchi, which is known for its digestive and immunological health advantages. The region's burgeoning multicultural population and interest in global tastes accelerate its acceptance. Furthermore, the availability of packaged and ready-to-eat kimchi in retail stores and online platforms has increased its appeal to mainstream consumers, contributing to its rapid expansion in North America.
Competitive Analysis
Major key players in the Kimchi market include Daesang Corporation, CJ CheilJedang Corp., Pulmuone U.S.A., Lucky Foods, Weifang Jiahe Food Co., Ltd, Sinto Gourmet, JONGGA, Choi's Kimchi LLC, NONGSHIM CO., LTD., Cosmos Food Co., Inc., and Others.
Key Target Audience
Recent Development
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the kimchi market based on the below-mentioned segments:
Global Kimchi Market, By Category
Global Kimchi Market, By Packaging
Global Kimchi Market, By End User
Global Kimchi Market, By Regional Analysis
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