Global Kimchi market will reach 4276.88 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/5/20

The Kimchi industry concentration is not high; there are many manufacturers in the world, and products mainly from Korea and China.

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.

The market size of Revenue in Total was 2851.17 million USD in 2017 and it will be 4276.88 million USD in 2025, with a CAGR 5.20% from 2017 to 2025.

Based on the types, Kimchi market is segmented into Baechu-kimchi, Dongchimi, Kkakdugi, Pa-kimchi and Oi Sobagi. In 2017, Baechu-kimchi is leading the market, with about 72.05% market share.

And Based on the application, in 2017, Household is leading the market, with about 68.24% market share.

We tend to believe this industry becomes more and more mature, and the consumption increasing rate will show a smooth curve.  

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