Kimchi Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Kimchi Market covers analysis by Types (Baechu-kimchi, Dongchimi, Kkakdugi, Pa-kimchi, Oi Sobagi); Applications (Households, Commercial) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00008708
  • Category : Food and Beverages
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

Kimchi is a famous Korean cuisine, which is a type of fermented food. The kimchi is a traditional side dish prepared from fermented and salted vegetables and is most widely prepared from Korean radishes and cabbage within including scallions, chili powder, ginger, garlic, and other tasty flavors. Currently, there are numerous varieties of kimchi available, which are made from various vegetables as the main ingredients. Historically, kimchi was traditionally stored subversive jars to keep cool during warm months and to keep unfrozen throughout the winter months. With the enhancement in technology, kimchi refrigerators are more commonly used to store kimchi.

MARKET DYNAMICS

A crucial factor that is fueling the growth of the kimchi market is the health benefits linked with kimchi. Numerous studies have already reviled the health benefits of kimchi, which helps to regulate cholesterol and enhancing digestion. The daily consumption of kimchi is known to control the levels of cholesterol owing to the presence of garlic, which is rich in selenium. The fermentation involved in the preparation of Kimchi mainly enhances the taste and also generates healthy lactobacillus and bacteria, which is essential by the body to retain the health of intestinal flora. Moreover, kimchi is prepared from cabbage that is already well recognized for its detoxification result, which helps the body to get free of the toxins and wastes.

MARKET SCOPE

The "Global Kimchi Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the kimchi with detailed market segmentation by type, and application. The global kimchi market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading kimchi market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global kimchi market is segmented on the basis of types into baechu-kimchi, dongchimi, kkakdugi, pa-kimchi, and oi sobagi. On the basis of application the kimchi market is segmented into household and commercial.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global kimchi market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The kimchi market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the kimchi market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the kimchi market in these regions.

World Geography

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global kimchi market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The kimchi market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the kimchi market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the kimchi market in these regions.

MARKET PLAYERS

The reports cover key developments in the kimchi market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from kimchi market are anticipated to lucrative growth opportunities in the future with the rising demand for kimchi in the global market. Below mentioned is the list of few companies engaged in the kimchi market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the kimchi market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

- Cosmos Food
- Real Pickles
- Lucky Foods
- Mama O'S
- Sunja's
- Top Gourmet
- King's Asian Gourmet
- Choi's Kimchi
- MILKimchi
- Qingdao Jingfugong

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Kimchi Market - By Types
1.3.2 Kimchi Market - By Applications
1.3.3 Kimchi Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. KIMCHI MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS

5. KIMCHI MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC

6. KIMCHI MARKET - GLOBAL MARKET ANALYSIS
6.1. KIMCHI - GLOBAL MARKET OVERVIEW
6.2. KIMCHI - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. KIMCHI MARKET - REVENUE AND FORECASTS TO 2028 - TYPES
7.1. OVERVIEW
7.2. TYPES MARKET FORECASTS AND ANALYSIS
7.3. BAECHU-KIMCHI
7.3.1. Overview
7.3.2. Baechu-kimchi Market Forecast and Analysis
7.4. DONGCHIMI
7.4.1. Overview
7.4.2. Dongchimi Market Forecast and Analysis
7.5. KKAKDUGI
7.5.1. Overview
7.5.2. Kkakdugi Market Forecast and Analysis
7.6. PA-KIMCHI
7.6.1. Overview
7.6.2. Pa-kimchi Market Forecast and Analysis
7.7. OI SOBAGI
7.7.1. Overview
7.7.2. Oi Sobagi Market Forecast and Analysis
8. KIMCHI MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATIONS
8.1. OVERVIEW
8.2. APPLICATIONS MARKET FORECASTS AND ANALYSIS
8.3. HOUSEHOLDS
8.3.1. Overview
8.3.2. Households Market Forecast and Analysis
8.4. COMMERCIAL
8.4.1. Overview
8.4.2. Commercial Market Forecast and Analysis

9. KIMCHI MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Kimchi Market Overview
9.1.2 North America Kimchi Market Forecasts and Analysis
9.1.3 North America Kimchi Market Forecasts and Analysis - By Types
9.1.4 North America Kimchi Market Forecasts and Analysis - By Applications
9.1.5 North America Kimchi Market Forecasts and Analysis - By Countries
9.1.5.1 United States Kimchi Market
9.1.5.1.1 United States Kimchi Market by Types
9.1.5.1.2 United States Kimchi Market by Applications
9.1.5.2 Canada Kimchi Market
9.1.5.2.1 Canada Kimchi Market by Types
9.1.5.2.2 Canada Kimchi Market by Applications
9.1.5.3 Mexico Kimchi Market
9.1.5.3.1 Mexico Kimchi Market by Types
9.1.5.3.2 Mexico Kimchi Market by Applications
9.2. EUROPE
9.2.1 Europe Kimchi Market Overview
9.2.2 Europe Kimchi Market Forecasts and Analysis
9.2.3 Europe Kimchi Market Forecasts and Analysis - By Types
9.2.4 Europe Kimchi Market Forecasts and Analysis - By Applications
9.2.5 Europe Kimchi Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Kimchi Market
9.2.5.1.1 Germany Kimchi Market by Types
9.2.5.1.2 Germany Kimchi Market by Applications
9.2.5.2 France Kimchi Market
9.2.5.2.1 France Kimchi Market by Types
9.2.5.2.2 France Kimchi Market by Applications
9.2.5.3 Italy Kimchi Market
9.2.5.3.1 Italy Kimchi Market by Types
9.2.5.3.2 Italy Kimchi Market by Applications
9.2.5.4 Spain Kimchi Market
9.2.5.4.1 Spain Kimchi Market by Types
9.2.5.4.2 Spain Kimchi Market by Applications
9.2.5.5 United Kingdom Kimchi Market
9.2.5.5.1 United Kingdom Kimchi Market by Types
9.2.5.5.2 United Kingdom Kimchi Market by Applications
9.2.5.6 Russia Kimchi Market
9.2.5.6.1 Russia Kimchi Market by Types
9.2.5.6.2 Russia Kimchi Market by Applications
9.2.5.7 Rest of Europe Kimchi Market
9.2.5.7.1 Rest of Europe Kimchi Market by Types
9.2.5.7.2 Rest of Europe Kimchi Market by Applications
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Kimchi Market Overview
9.3.2 Asia-Pacific Kimchi Market Forecasts and Analysis
9.3.3 Asia-Pacific Kimchi Market Forecasts and Analysis - By Types
9.3.4 Asia-Pacific Kimchi Market Forecasts and Analysis - By Applications
9.3.5 Asia-Pacific Kimchi Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Kimchi Market
9.3.5.1.1 Australia Kimchi Market by Types
9.3.5.1.2 Australia Kimchi Market by Applications
9.3.5.2 China Kimchi Market
9.3.5.2.1 China Kimchi Market by Types
9.3.5.2.2 China Kimchi Market by Applications
9.3.5.3 India Kimchi Market
9.3.5.3.1 India Kimchi Market by Types
9.3.5.3.2 India Kimchi Market by Applications
9.3.5.4 Japan Kimchi Market
9.3.5.4.1 Japan Kimchi Market by Types
9.3.5.4.2 Japan Kimchi Market by Applications
9.3.5.5 South Korea Kimchi Market
9.3.5.5.1 South Korea Kimchi Market by Types
9.3.5.5.2 South Korea Kimchi Market by Applications
9.3.5.6 Indonesia Kimchi Market
9.3.5.6.1 Indonesia Kimchi Market by Types
9.3.5.6.2 Indonesia Kimchi Market by Applications
9.3.5.7 Rest of Asia-Pacific Kimchi Market
9.3.5.7.1 Rest of Asia-Pacific Kimchi Market by Types
9.3.5.7.2 Rest of Asia-Pacific Kimchi Market by Applications
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Kimchi Market Overview
9.4.2 Middle East and Africa Kimchi Market Forecasts and Analysis
9.4.3 Middle East and Africa Kimchi Market Forecasts and Analysis - By Types
9.4.4 Middle East and Africa Kimchi Market Forecasts and Analysis - By Applications
9.4.5 Middle East and Africa Kimchi Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Kimchi Market
9.4.5.1.1 South Africa Kimchi Market by Types
9.4.5.1.2 South Africa Kimchi Market by Applications
9.4.5.2 Saudi Arabia Kimchi Market
9.4.5.2.1 Saudi Arabia Kimchi Market by Types
9.4.5.2.2 Saudi Arabia Kimchi Market by Applications
9.4.5.3 U.A.E Kimchi Market
9.4.5.3.1 U.A.E Kimchi Market by Types
9.4.5.3.2 U.A.E Kimchi Market by Applications
9.4.5.4 Iran Kimchi Market
9.4.5.4.1 Iran Kimchi Market by Types
9.4.5.4.2 Iran Kimchi Market by Applications
9.4.5.5 Rest of Middle East and Africa Kimchi Market
9.4.5.5.1 Rest of Middle East and Africa Kimchi Market by Types
9.4.5.5.2 Rest of Middle East and Africa Kimchi Market by Applications
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Kimchi Market Overview
9.5.2 South and Central America Kimchi Market Forecasts and Analysis
9.5.3 South and Central America Kimchi Market Forecasts and Analysis - By Types
9.5.4 South and Central America Kimchi Market Forecasts and Analysis - By Applications
9.5.5 South and Central America Kimchi Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Kimchi Market
9.5.5.1.1 Brazil Kimchi Market by Types
9.5.5.1.2 Brazil Kimchi Market by Applications
9.5.5.2 Argentina Kimchi Market
9.5.5.2.1 Argentina Kimchi Market by Types
9.5.5.2.2 Argentina Kimchi Market by Applications
9.5.5.3 Rest of South and Central America Kimchi Market
9.5.5.3.1 Rest of South and Central America Kimchi Market by Types
9.5.5.3.2 Rest of South and Central America Kimchi Market by Applications

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. KIMCHI MARKET, KEY COMPANY PROFILES
11.1. COSMOS FOOD
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. REAL PICKLES
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. LUCKY FOODS
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. MAMA O'S
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. SUNJA'S
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. TOP GOURMET
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. KING'S ASIAN GOURMET
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. CHOI'S KIMCHI
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. MILKIMCHI
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. QINGDAO JINGFUGONG
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1. Cosmos Food
2. Real Pickles
3. Lucky Foods
4. Mama O'S
5. Sunja's
6. Top Gourmet
7. King's Asian Gourmet
8. Choi's Kimchi
9. MILKimchi
10. Qingdao Jingfugong

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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