Kimchi Market Report 2024 - PowerPoint PPT Presentation

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Kimchi Market Report 2024

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According to Cognitive Market Research, the global Kimchi market will be USD 3.6 billion in 2023 and expand at a compound annual growth rate (CAGR) of 5.80% from 2023 to 2030. – PowerPoint PPT presentation

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Date added: 9 January 2024
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Title: Kimchi Market Report 2024


1
GLOBAL Kimchi MARKET REPORT 2024
Global,Regional,CountryAnalysis
2
INTRODUCTION
The Growing popularity of Korean cuisine
globally, increasing awareness of
health-conscious consumers, rising influence of
Korean culture, rise in ethnic food consumption,
rise in availability Kimchi in mainstream
supermarkets and online platforms, rising
different tastes and preferences of consumers,
rising popularity of fermented foods, increased
globalization and cultural exchange, rising
innovations in kimchi products and government
initiatives and trade agreements are the major
factors driving the growth of Kimchi market.
3
KEY INSIGHTS
MARKET SIZE USD 758.9 billion
2023
CAGR 6.5
2023- 2030
4
REVENUE MARKET SHARE BY SEGMENTS 2022
  • Kimchi Relish
  • Cabbage Kimchi
  • Cucumber Kimchi
  • Red Mustard Leaf Kimchi

Type Segment
  • Foodservice Industry
  • Retail/Household
  • Business to Business
  • Business to Consumer

Application Segment
  • Organic
  • Conventional

Nature Segment
5
Global Kimchi Market Revenue share for 2022
North America 38
6
New Product Launches to Propel Market Growth
Drivers
Presence of Substitute Products to Restrict
Market Growth
Restraints
7
AUTHOR'S PERSPECTIVE
  • The Global Kimchi Market is witnessing
    significant growth in the near future.
  • It is a traditional and widely consumed form that
    involves fermented Napa cabbage seasoned with
    ingredients like chilli pepper, garlic, ginger,
    and more.
  • The convenience of packaged kimchi products in
    retail outlets further facilitates its
    integration into home-cooked meals, contributing
    to the expanding global appeal of this
    traditional Korean dish.

8
KEY PLAYERS
9
For Full Report
Contact us
COGNITIVE MARKET RESEARCH
Tel 1 312-376-8303 44 020-8123-0732 India
(91) 983-496-8611
sales_at_cognitivemarketresearch.com
Access the Full Report http//tinyurl.com/4wbw86
2f
Please visit our website https//www.cognitivemar
ketresearch.com
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