Kimchi Market by Product and Geography - Forecast and Analysis 2020-2024

Global Kimchi Market

About this market

Technavio’s kimchi market analysis considers sales from conventional kimchi and organic kimchi products. Our study also finds the sales of kimchi in APAC, Europe, MEA, North America, and South America. In 2019, the conventional kimchi segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as challenges associated with the shift from conventional ingredient production to high-scale organic production will play a significant role in the conventional kimchi segment to maintain its market position. Also, our global kimchi market report looks at factors such as product launches, health benefits offered by kimchi, and initiatives for the development of the kimchi industry. However, product recalls, growing preference for freshly prepared kimchi, and the availability of other fermented foods may hamper the growth of the kimchi industry over the forecast period.

Global Kimchi Market

Overview

Health benefits offered by kimchi

Kimchi is a low-fat, high-fiber food product widely available through various distribution channels. Consumers worldwide have started opting for healthy food products owing to the side effects associated with processed food products that contain added flavors and other additives. Kimchi offers a wide range of health benefits. As kimchi is fermented, it contains healthy bacteria called lactobacilli, which aids in digestion. Also, the by-product of fermentation probiotics can prevent infections among consumers. Kimchi contains Vitamin A that can help to get rid of free radicals that cause cancer. Also, Vitamin A helps maintain healthy eyesight. Such benefits offered by kimchi will lead to the expansion of the global kimchi market at a CAGR of almost 8% during the forecast period.

Growing demand for plant-based diets

Plant-based diets are gaining popularity worldwide owing to growing consumer inclination toward healthy food. Kimchi is made of plant-based ingredients such as cabbage, radish, ginger, and onion. The growing shift toward plant-based diets is encouraging some of the vendors in the market in focus to launch new variants of plant-based kimchi. Some of the factors encouraging consumer shift toward plant-based diets are the health risks associated with meat consumption and growing focus on animal welfare. Plant-based food products contain necessary nutrients such as fiber, antioxidants, magnesium, folate, potassium, beneficial plant compounds, and vitamins. This development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global kimchi market during the forecast period 2020-2024, click here.

Competitive Landscape

With the presence of several major players, the global kimchi market is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading kimchi manufacturers, that include CJ CheilJedang Corp., Cosmos Food Co. Inc., Daesang Corp., Dongwon F&B, Elaia Holdings (Hong Kong) Ltd., MILKimchi Inc., Pulmuone Co. Ltd., Sinto Gourmet LLC, Sunja’s Oriental Foods Inc., and Tazaki Foods Ltd.

Also, the kimchi market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global packaged foods and meats market
      • Table Segments of global packaged foods and meats market
    • Market characteristics
      • Table Market characteristics
    • Value chain analysis
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Vendors: Key offerings
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2019
      • Table Market size 2019
    • Market outlook
    • Market size and forecast 2019-2024
      • Table Global market: Size and forecast 2019-2024 ($ millions)
      • Table Global market: Year-over-year growth 2020-2024 (%)
  • Five forces analysis
    • Table Five forces analysis 2019
    • Table Five forces analysis 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market segmentation by product
    • Table Product - Market share 2019-2024 (%)
    • Comparison by product
      • Table Comparison by product
    • Conventional kimchi - Market size and forecast 2019-2024
      • Table Conventional kimchi - Market size and forecast 2019-2024 ($ millions)
      • Table Conventional kimchi - Year-over-year growth 2020-2024 (%)
    • Organic kimchi - Market size and forecast 2019-2024
      • Table Organic kimchi - Market size and forecast 2019-2024 ($ millions)
      • Table Organic kimchi - Year-over-year growth 2020-2024 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ millions)
      • Table APAC - Year-over-year growth 2020-2024 (%)
    • North America - Market size and forecast 2019-2024
      • Table North America - Market size and forecast 2019-2024 ($ millions)
      • Table North America - Year-over-year growth 2020-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ millions)
      • Table Europe - Year-over-year growth 2020-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ millions)
      • Table MEA - Year-over-year growth 2020-2024 (%)
    • South America - Market size and forecast 2019-2024
      • Table South America - Market size and forecast 2019-2024 ($ millions)
      • Table South America - Year-over-year growth 2020-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Expansion of retail channels
    • Expansion of kimchi producing plants
    • Growing demand for plant-based diets
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • CJ CheilJedang Corp.
      • Table CJ CheilJedang Corp. - Vendor overview
      • Table CJ CheilJedang Corp. - Business segments
      • Table CJ CheilJedang Corp. - Organizational developments
      • Table CJ CheilJedang Corp. - Key offerings
    • Cosmos Food Co. Inc.
      • Table Cosmos Food Co. Inc. - Vendor overview
      • Table Cosmos Food Co. Inc. - Product segments
    • Daesang Corp.
      • Table Daesang Corp. - Vendor overview
      • Table Daesang Corp. - Business segments
      • Table Daesang Corp. - Organizational developments
      • Table Daesang Corp. - Key offerings
    • Dongwon F&B
      • Table Dongwon F&B - Vendor overview
      • Table Dongwon F&B - Product segments
      • Table Dongwon F&B - Organizational developments
      • Table Dongwon F&B - Key offerings
    • Elaia Holdings (Hong Kong) Ltd.
      • Table Elaia Holdings (Hong Kong) Ltd. - Vendor overview
      • Table Elaia Holdings (Hong Kong) Ltd. - Product segments
      • Table Elaia Holdings (Hong Kong) Ltd. - Key offerings
    • MILKimchi Inc.
      • Table MILKimchi Inc. - Vendor overview
      • Table MILKimchi Inc. - Product segments
      • Table MILKimchi Inc. - Key offerings
    • Pulmuone Co. Ltd.
      • Table Pulmuone Co. Ltd. - Vendor overview
      • Table Pulmuone Co. Ltd. - Business segments
      • Table Pulmuone Co. Ltd. - Organizational developments
      • Table Pulmuone Co. Ltd. - Key offerings
    • Sinto Gourmet LLC
      • Table Sinto Gourmet LLC - Vendor overview
      • Table Sinto Gourmet LLC - Product segments
      • Table Sinto Gourmet LLC - Key offerings
    • Sunja's Oriental Foods Inc.
      • Table Sunja's Oriental Foods Inc. - Vendor overview
      • Table Sunja's Oriental Foods Inc. - Product segments
      • Table Sunja's Oriental Foods Inc. - Key offerings
    • Tazaki Foods Ltd.
      • Table Tazaki Foods Ltd. - Vendor overview
      • Table Tazaki Foods Ltd. - Product segments
      • Table Tazaki Foods Ltd. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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