Worldwide Market Reports

Kimchi Market Exhaustive Analysis of How New Key Players Is Trying to Enter the Market

Kimchi Market 2019 Report insight data is provided on market size, market growth trends that will help its buyer to capture opportunities, to know and minimise possible risks, to analyse the strategies of key companies in the market and to outline the performance of the market across regions etc.

 

Seattle, WA -- (SBWIRE) -- 10/18/2019 -- Kimchi is a traditional fermented food in Korean cuisine. It is a traditional side dish made from salted and fermented vegetables, most commonly cabbage and Korean radishes, with a variety of seasonings, including chili powder, scallions, garlic, ginger, etc. There are hundreds of varieties of kimchi made with different vegetables as the main ingredients. In the past, kimchi was traditionally stored underground in jars to keep cool during warm months and remain unfrozen throughout the winter months, during which time it was a vital source of vegetables. With the developing of technology, kimchi refrigerators are more commonly used to store kimchi.

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Scope of the Report:
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 worldwide market for Kimchi is expected to grow at a CAGR of roughly 5.2% over the next five years, will reach 3850 million US$ in 2024, from 3000 million US$ in 2019, according to a new WMR study.

This report focuses on the Kimchi in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers CJ, Daesang, Dongwon F&B, Sinto Gourmet, Cosmos Food, Real Pickles, Lucky Foods, Mama O'S, Sunja's, Top Gourmet, King's Asian Gourmet, Choi's Kimchi, MILKimchi, Qingdao Jingfugong, Qingdao Meilinda, Qingdao Nongyu, Qingdao Dongshengda

Market Segment by Type:
Baechu-kimchi,
Dongchimi,
Kkakdugi,
Pa-kimchi,
Oi Sobagi

Market Segment by Applications:
Households,
Commercial

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