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.
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.