Press release
Kimchi Market Is Anticipated To Grow At a CAGR of 5.2% From 2019 - QYR
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.
In 2018, the global Kimchi market size was 3000 million US$ and is forecast to 4280 million US in 2025, growing at a CAGR of 5.2% from 2019. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Kimchi. This study researches the market size of Kimchi, presents the global Kimchi sales and revenue by companies, regions, type and application, history breakdown data from 2014 to 2019, and forecast to 2025.
This report focuses on the key data information of Kimchi in key regions like North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, presents sales, revenue, market share, growth rate of Kimchi for each region and countries in each region.
For top companies, this report investigates and analyzes the sales, revenue, market share and growth rate for the top players, key data from 2014 to 2019. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.
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This report includes the following manufacturers; we can also add the other companies as you want.
Daesang
Dongwon F&B
Sinto Gourmet
Cosmos Food
Real Pickles
Lucky Foods
Mama O’S
Sunja’s
Top Gourmet
King’s Asian Gourmet
Market Segment by Product Type
Dongchimi
Kkakdugi
Pa-kimchi
Oi Sobagi
Market Segment by Application
Households
Commercial
Market size split by Region
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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