Press release
Global Kimchi Market to Witness a Pronounce Growth During 2023
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.
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Global Kimchi Market: Forecast by Type / Application / Region
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.
According to this study, over the next five years the Kimchi market will register a 5.2% CAGR in terms of revenue, the global market size will reach US$ 3850 million by 2024, from US$ 3000 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Kimchi business, shared in Chapter 3.
Global Kimchi Market: Key Players
CJ
Daesang
Dongwon F&B
Sinto Gourmet
Cosmos Food
Real Pickles
Lucky Foods
Mama O’S
Sunja’s
Top Gourmet
King’s Asian Gourmet
Choi’s Kimchi
MILKimchi
Qingdao Jingfugong
Qingdao Meilinda
Qingdao Nongyu
Qingdao Dongshengda
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Related Information:
United States Kimchi Market Research Report 2018
Europe Kimchi Market Research Report 2018
North America Kimchi Market Research Report 2018
Asia-Pacific Kimchi Market Research Report 2018
China Kimchi Market Research Report 2018
EMEA Kimchi Market Research Report 2018
Global Kimchi Market Research Report 2018
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