Market Overview:
Kimchi, a traditional Korean fermented food, is the flagship food of Korea. It is considered one of the most popular and healthiest foods in Korea and is gaining popularity across the world. Kimchi is made from various vegetables, red pepper, other spices, and fermented seafood. It is rich in various vitamins, minerals, dietary fibre, and other biological components. Kimchi is typically prepared with flavouring ingredients included and does not require further processing or desalting before consumption. Consumers around the globe are seeking new and sensory products rather than regular staple food products, which is expected to fuel the growth of the global kimchi market.
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Market Dynamics:
Kimchi Market dynamics are thoroughly studied and explained in the MMR report, which helps reader to understand emerging Kimchi market trends, drivers, restraints, opportunities, and challenges at global and regional level for the Kimchi Market. Some of the dynamics illustrate below:
Globalization and International Trade: A New Era for Kimchi
Kimchi's Health Benefits Boost Global Popularity:
Kimchi Brands Leverage Social Media Influencers and Online Recipe Platforms to Expand Reach
Kimchi Market Faces Challenges in Sourcing and Importing Ingredients
Market Competitors: Kimchi vs. Other Fermented Delights
Segmentation Analysis
by Type
Baechu Kimchi
Kkakdugi
Nabak
Yeolmu Kimchi
Baek
Other Types
by Product
Conventional kimchi
Organic kimchi
by Distribution Channel
Departmental stores
Supermarkets/Hypermarkets
Online Retail
Other Distribution Channels
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Regional Insights:
Asia-Pacific accounted for the largest market share above 70% in 2024 owing to growing demand for Kimchi in Korea. Kimchi boasts a flavor profile reminiscent of Chinese cuisine, and given the popularity of both Korean and Chinese food products among South Asian consumers, this is expected to have a positive impact on the growth of the kimchi market. In this region, there exists a tradition of crafting kimchi before winter to preserve it until summer, when fresh vegetables become available. In, the production value of kimchi in South Korea was estimated at approximately 1.1 trillion South Korean won.
Kimchi is an emerging culinary delight in North America and Europe, poised to gain substantial popularity in the foreseeable future. Los Angeles, hosting the largest Korean community outside of Korea, has seen the fusion of Korean cuisine with Mexican flavors. Take, for instance, Pak, the proprietor of KoJa Kitchen, a novel Korean-Japanese fusion restaurant nestled in Downtown Los Angeles. Their menu boasts delectable offerings like short rib tacos and braised pork bowls, with each dish accompanied by kimchi sourced from Cosmos Food, the largest kimchi manufacturer in the United States.
Kimchi Market Key Players:
1. Kimchi Culture
2. DAESANG
3. Sinto Gourmet
4. Cosmos Food Co.Inc.
5. Real Pickles
6. Mama O's Premium Kimchi
7. Dongwon Group
8. CJ CHEILJEDANG CORP
9. Lucky Foods
10. TOP GOURMET Food Industries Pte Ltd
11. Sunja's Kimchi
12. King's Asian Gourmet
13. Pulmuone Foods USA
14. Elaia Holdings
15. Tazaki Foods Limited
16. CHOI'S KIMCHI CO
Competitive Analysis:
Key players in Kimchi market have adopted various strategies to expand their global presence and increase their market shares. Partnerships, agreements, mergers and acquisitions, and new product developments are some of the major strategies adopted by the market players, to achieve growth in the Kimchi market. Two recent announcements from prominent kimchi manufacturers, Wildbrine and Bibigo, highlight the growing popularity of kimchi in the United States.
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