Dublin, July 19, 2023 (GLOBE NEWSWIRE) -- The "Global Kimchi Market 2023-2027" report has been added to ResearchAndMarkets.com's offering.
The global kimchi market is poised for significant growth in the coming years, driven by rising health consciousness and product launches.
According to the latest market report, the market is forecasted to grow by USD 1,215.96 million during the period 2022-2027, at an accelerated CAGR of 5.49%. The report provides a comprehensive analysis of the kimchi market, including market size, forecast, trends, growth drivers, challenges, and vendor analysis covering around 25 prominent companies.
The report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Product launches, driven by the increasing demand for healthy food options, play a crucial role in driving market growth. Additionally, the health benefits offered by kimchi, such as probiotic properties and immune system support, contribute to its popularity. Moreover, initiatives aimed at the development of the kimchi industry further stimulate market growth.
Key Market Insights:
- Rising health consciousness among consumers fuels the demand for kimchi
- Product launches cater to the growing market demand for healthy and flavorful food options
- Development initiatives drive the expansion and awareness of the kimchi industry
Segmentation:
- Distribution Channel: Offline, Online
- Product: Conventional kimchi, Organic kimchi
- Geographical Landscape: APAC, North America, Europe, Middle East and Africa, South America
Driving Factors for Kimchi Market Growth:
- Expansion of retail channels to reach a wider consumer base
- Growing influence of online retailing in the kimchi market
- Increasing demand for plant-based diets and flavorful fermented food options
The report on the kimchi market provides valuable insights into market sizing, forecast, and industry analysis, enabling stakeholders to make informed business decisions.
Companies Mentioned:
- Bombucha
- Chois Kimchi LLC
- CJ CheilJedang Corp.
- Cosmos Food Co. Inc.
- Daesang Corp.
- Dongwon Group
- Eden Foods Inc.
- Gold Mine Natural Food Co.
- Kehoes Kitchen Pty Ltd.
- Kimchi Club Pty Ltd.
- Kings Asian Gourmet
- Lucky Foods
- MILKimchi Inc.
- Pulmuone Foods USA
- Real Pickles
- Sinto Gourmet LLC
- Sunjas Oriental Foods Inc.
- T BROTHERS FOOD and TRADING LTD.
- Tazaki Foods Ltd.
- VOLCANO KIMCHI
For more information about this report visit https://www.researchandmarkets.com/r/yti596
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