Lucintel Blog: Baechu kimchi is expected to remain the largest segment in the global kimchi market

Sunday, January 15, 2023

Baechu kimchi is expected to remain the largest segment in the global kimchi market

An exciting new study from the team of Lucintel found that kimchi market is expected to reach $XX billion by 2028 with a CAGR of 4% to 6%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

Download Brochure of this report by clicking on https://www.lucintel.com/kimchi-market.aspx.

The kimchi market is segmented based on product type, distribution channel, and region. In this market, baechu kimchi is expected to remain the largest product type, and supermarkets/hypermarkets segment is expected to remain the largest distribution channel. Players can benefit from the available opportunities like rising demand for plant-based diets and rising consumption of healthy and nutritious products in the region.

Increasing preference for fermented food and beverages to improve demand of kimchi, rising demand for vegan products, and growing influence of online retailing and growing demand for plant-based diets are emerging trends having impact on dynamics of the industry.

Cosmos Food, CJ CheilJedang, Dongwon F&B, Elaia Holdings, Tazaki Foods, Daesang, and Eden Foods are some of the major players profiled in this 150 page report.

Request Sample Pages by clicking on https://www.lucintel.com/kimchi-market.aspx.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the kimchi market by product type (baechu kimchi, kkakdugi, nabak, yeolmu kimchi, and baek), distribution channel (departmental stores, supermarkets/ hypermarkets, online retail, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the kimchi market?

Q.4 What are some changing demands of customers in the kimchi market?

Q.5 What are the new developments in the kimchi market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this kimchi area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this kimchi market?

This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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