Kimchi Market Share, Size, Trends, Industry Analysis Report, By Type (Baechu Kimchi, Dongchimi, Kkakdugi, Pa Kimchi, Oi Sobagi, Others), By Distribution Channel, By Region, And Segment Forecasts, 2024 - 2032
- Published Date:Feb-2024
- Pages: 117
- Format: PDF
- Report ID: PM3457
- Base Year: 2023
- Historical Data: 2019-2022
Report Outlook
The global Kimchi market was valued at USD 4,027.33 million in 2023 and is expected to grow at a CAGR of 5.3% during the forecast period.
Kimchi is a traditional Korean dish that is made by fermenting various vegetables, such as radishes or cabbage, with a range of seasonings. Although there are several variations, the main ingredients in kimchi are usually napa cabbage, Korean radishes, garlic, ginger, chili pepper, and salt. After being immersed in a brine and seasoned with the ingredients mentioned above, the vegetables are typically allowed to ferment. The distinct, zesty, and spicy flavors of kimchi come from the fermentation process.
Kimchi is a well-known food that not only tastes great but also has excellent nutritional value. It contains probiotics due to its fermentation process, which aids in digestion and promotes gut health. Additionally, kimchi is a nutrient-rich side dish packed with vitamins, minerals, and antioxidants. Due to its unique flavor, versatility, and potential health advantages, kimchi has become increasingly popular worldwide. The demand for unique and unusual flavors has caused a notable upswing in the market for kimchi, which is increasingly sought after by customers in supermarkets, restaurants, and specialty shops.
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In recent years, there has been a surge of interest in kimchi-inspired items and fusion cuisines, leading to the expansion of the kimchi business beyond its Asian origins. Its ability to blend with other culinary traditions has made it a popular ingredient in various foods such as tacos and burgers. Additionally, the industry has grown due to the increasing awareness of fermented foods and their positive impact on health. Also, the Korean government has launched the Global Kimchi Forum to declare Kimchi Day and raise awareness of fermented food and its tradition in Korean cuisine. For instance, In November 2023, The Korea Agro-Fisheries & Food Trade Corp. launched the Global Kimchi Forum and declared November 22nd as "Global Kimchi Day" during the Buy Korean Food trade expo in Seoul. This initiative aims to promote international cooperation towards the widespread adoption of this traditional Korean food.
As customers become more health-conscious and adventurous with their food choices, the kimchi market is expected to grow. It offers a delicious and nutritious option for those seeking unique and healthy dining options. Kimchi, a side dish, has evolved into a dynamic component that enhances the flavors of many other foods. Its sour, spicy, and fermented goodness can be added to salads, sandwiches, tacos, and even pizza to give familiar foods a new spin. With its versatility, kimchi has inspired culinary ingenuity, piqued the interest of foodies worldwide, and cemented its status as a leading innovator in the food industry.
Kimchi, a fermented treat, has expanded beyond its traditional applications due to continuous innovation in the production of new commodities infused with it. Chefs and food manufacturers are experimenting with kimchi, expanding their culinary horizons beyond Korean cuisine by introducing kimchi-infused sauces, dressings, and snacks. This diversification has prolonged the market's life and vitality, drawing a wider spectrum of customers due to the increase in consumer demand for kimchi. For instance, in December 2022, CJ CheilJedang introduced Bibigo sliced kimchi to the European market. It can be kept and sold at room temperature for up to 12 months. Unlike traditional kimchi, which arrives at its destination fully ripe, this product maintains its unique taste and texture throughout its journey due to fermentation control technology and the absence of fermented fish.
In addition, in an effort to provide customers with more health benefits, some suppliers are endeavoring to create new varieties of kimchi with additional components. For instance, in February 2021, Pulmuone introduced a 100% plant-based, vegan, cholesterol-free, and preservative- and flavor-free kimchi under the Nasoya brand. This mild and tangy flavored product can be used in various recipes such as sandwiches, salads, hot dogs, and pizzas.
Growth Drivers
Rising Popularity of Korean Cuisine
Over the past year, Korean cuisine has gained more popularity worldwide, especially the dish known as kimchi. Kimchi has surpassed its traditional origins and can now be found in many restaurants across the globe due to its strong, colorful flavors. With its unique blend of spicy, sour, and umami elements, food enthusiasts have been captivated by kimchi's intricate fusion, adding to its widespread appeal. Kimchi is no longer confined to Korean eateries, as it has become a part of other types of food establishments, inspiring chefs to experiment with incorporating it into various recipes. This growing trend symbolizes the growing appreciation of the diverse and flavorful Korean cuisine, marking a delicious turning point in global gastronomy.
The global rise of Korean cuisine, as shown by the immense popularity of dishes like kimchi, can be attributed to a variety of factors. Korean cuisine offers a diverse range of delicious options like bulgogi and bibimbap that have captured the taste buds of people worldwide who are seeking unique and satisfying culinary experiences. The widespread adoption of Korean cuisine is also facilitated by its visually appealing presentation on social media, as well as the cultural impact of K-pop and K-dramas. The trend towards fermented foods like kimchi, which contain probiotics that are believed to have health benefits, is in line with modern dietary habits and is contributing to the trend. As a result, Korean food has become a popular and accessible culinary choice, with more people discovering and incorporating it into their diets.
For instance, In August 2023, the surge in popularity of Korean dramas in India will create a growing interest in Korean cuisine, as fans seek the food featured in their favorite shows, fostering a cultural connection through shared dining experiences. In addition, with the rise in popularity of Korean food around the world due to the increased availability of Korean ingredients in grocery stores globally, kimchi has gained wider acceptance in both home kitchens and restaurants. This growth in the kimchi market is attributed to factors such as the globalization of food preferences, the proliferation of Korean restaurants abroad, and a general increase in culinary curiosity.
Furthermore, tourists have a fascinating and immersive experience while learning about the world of kimchi. It offers not only a culinary adventure but also a cultural excursion into Korean traditions. There are numerous locations, particularly in South Korea, that offer exceptional opportunities to discover the craft of kimchi-making, its cultural significance, and the customs surrounding its preparation.
Kimchi-making workshops are available for visitors who wish to learn how to create this famous Korean dish using traditional techniques. The workshops provide an opportunity to gain insight into the rich cultural heritage of Korea and are often set in traditional hanbok-wearing settings. Participants will be taught by local professionals, making the experience more authentic, and will be able to take home their kimchi as a memento. In addition to the workshops, South Korean culinary tours also include visits to bustling marketplaces and food stands where visitors can sample a variety of kimchi flavors and spice levels. From classic napa cabbage kimchi to local specialties like water kimchi or radish kimchi, guests experience the diverse range of tastes that define this cornerstone of Korean cuisine.
Report Segmentation
The market is primarily segmented based on type, Distribution Channel, and region.
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By Type |
By Distribution Channel |
By Region |
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By Type Analysis
Baechu Kimchi hold the largest market share in 2023
Baechu Kimchi, also known as Napa cabbage kimchi, stands as the quintessential and widely recognized type of kimchi. Crafted through the fermentation process involving Napa cabbage, seafood, and lactic acid bacteria, this traditional Korean dish boasts regional diversity, particularly in coastal areas where seafood additions contribute to its varied flavors.
Presently, Baechu Kimchi holds the title of the most popular kimchi type, often referred to as kimchi in general. It has become an essential side dish in Korean restaurants, particularly those specializing in grilled cuisine. Furthermore, Baechu Kimchi serves as the key ingredient for crafting a delectable and irresistible kimchi hot pot. The taste of Napa cabbage kimchi exhibits regional variations. In the northern regions, radishes are finely chopped, mixed with spices, and evenly spread on salted Napa cabbage leaves.
By Distribution Channel Analysis
The Supermarkets segment acquired highest market share over the forecast period
The prominence of supermarkets and hypermarkets in the kimchi market is reinforced by consumer behavior and evolving trends. Busy lifestyles and a desire for convenience drive consumers to choose these retail outlets, drawn by the abundant assortment of kimchi products featuring various flavors and packaging choices. Consequently, supermarkets and hypermarkets emerge as a preferred choice among consumers, further solidifying their role in the widespread availability and acceptance of kimchi
These retail giants, including supermarkets and hypermarkets, play a pivotal role in making kimchi easily accessible to a broad consumer base. The convenience of finding kimchi on supermarket shelves encourages more people to explore and include this traditional Korean dish in their diets. Supermarkets often provide dedicated shelves and attractive discounts, enhancing the shopping experience.
Furthermore, supermarkets ensure the year-round availability of kimchi, overcoming seasonal limitations for certain fresh ingredients. This consistent accessibility fosters continuous consumption and contributes to the global integration of Korean cuisine. Exposure in supermarkets helps normalize kimchi as a mainstream food item, contributing to its acceptance on a broader scale
Regional Insights
Asia Pacific region held the largest share of the global market in 2023
Kimchi, an integral part of the food culture in Asia and the Pacific, particularly in countries such as South Korea, China, and Japan, stands as a staple dish deeply embedded in their culinary traditions. The substantial consumption of kimchi products within this region serves as a prominent driving force for the market's expansion.
For instance, according to the Cultural Heritage Administration in Seoul, approximately 95 percent of Koreans consume kimchi at least once a day, with more than 60 percent incorporating it into their breakfast, lunch, and dinner. This substantial consumption pattern contributes significantly to the market's expansion.
Moreover, governments in the Asia-Pacific region actively support the kimchi industry by fostering the growth of small and medium-sized enterprises (SMEs) within the food sector, particularly in kimchi production. South Korea's substantial kimchi imports, valued at $169.4 million in 2022, reflect a notable increase of 20.4% from the previous year, further contributing to the market's growth momentum in the Asia-Pacific region.
Key Market Players & Competitive Insights
The Kimchi market is characterized by intense competition, with numerous manufacturers holding a significant portion of the market share. Key business strategies employed by market participants to sustain and expand their global presence include product launches, approvals, strategic acquisitions, and innovations.
Some of the major players operating in the global market include:
- Bombucha
- Choi's Kimchi
- CJ CheilJedang Corp.
- Cosmos Food Co.
- Daesang Corporation
- Dongwon F&B Co Ltd
- Eden Foods
- JONGGA
- Mama O’S Premium Kimchi
- Pulmuone Foods
- Real Pickles
- Sinto Gourmet
- Sunja’s Kimchi
- Tazaki Foods
- Vvegano
Recent Developments
- September 2023: Daesang Corp. has launched a pop-up store for its kimchi brand called Jongga in London, UK to expands its business.
- September 2023: Daesang opened a JONGGA pop-up store in the London, England to elevate Kimchi in the country.
- January 2023: CJ CheilJedang Corp. accelerated its overseas expansion as it plans to enter new markets, such as Canada, Australia, Thailand, Indonesia and Malaysia this year as demand for Korean food increases.
Kimchi Market Report Scope
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Report Attributes |
Details |
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Market size value in 2024 |
USD 4,192.45 million |
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Revenue forecast in 2032 |
USD 6,408.65 million |
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CAGR |
5.3% from 2024– 2032 |
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Base year |
2023 |
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Historical data |
2019 – 2022 |
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Forecast period |
2024 – 2032 |
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Quantitative units |
Revenue in USD million/billion and CAGR from 2024 to 2032 |
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Segments covered |
By Type, By Distribution Channel, By Region |
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Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
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Customization |
Report customization as per your requirements with respect to countries, region, and segmentation. |
Explore the market dynamics of the 2024 Kimchi Market share, size, and revenue growth rate, meticulously examined in the insightful reports crafted by Polaris Market Rersearch Industry Reports. The analysis of Kimchi Market extends to a comprehensive market forecast up to 2032, coupled with a retrospective examination. Avail yourself of a complimentary PDF download to sample this in-depth industry analysis.
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FAQ's
Choi's Kimchi, Sinto Gourmet, Cosmos Food Co., Real Pickles, Mama O’S Premium Kimchi are the key companies in kimchi market
The global Kimchi market is expected to grow at a CAGR of 5.3% during the forecast period.
The Kimchi Market report covering key segments are type, Distribution Channel, and region
Rising Consumer Awareness of Health Benefits of Kimchi are the key driving factors in kimchi market.
The global Kimchi market size is expected to reach USD 6408.65 million by 2032
