Kimchi Market Size, Share & Trends Analysis Report By Product (Baechu Kimchi, Kkakdugi Kimchi, Chonggak Kimchi), By End Use (Households/Retail, Food Service), By Distribution Channel (B2C, B2B), By Region, And Segment Forecasts, 2024 - 2030

Kimchi Market Size, Share & Trends Analysis Report By Product (Baechu Kimchi, Kkakdugi Kimchi, Chonggak Kimchi), By End Use (Households/Retail, Food Service), By Distribution Channel (B2C, B2B), By Region, And Segment Forecasts, 2024 - 2030


Kimchi Market Growth & Trends

The global kimchi market size is anticipated to reach USD 6,888 million by 2030 and is projected to grow at a CAGR of 4.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. Kimchi, a traditional Korean fermented dish, has seen a remarkable surge in global demand, particularly in markets like the U.S. and Japan. This increase is fueled by the rising popularity of Korean cuisine, driven in part by the global influence of K-culture, including K-pop, K-dramas, and Korean films. Consumers are increasingly drawn to kimchi not only for its unique and vibrant flavors but also for its health benefits, such as its probiotic properties that support digestive health and boost immunity. This growing interest has resulted in significant export growth, with South Korea's kimchi exports reaching record highs in recent years.

Key players in the global market, including Daesang, CJ CheilJedang, and Pulmuone, are actively expanding their production capabilities and innovating their product lines to meet this growing demand. For instance, Daesang has recently (as of 2024) expanded its manufacturing plants in Vietnam to boost local production and introduce new kimchi products tailored to regional tastes. Companies are also diversifying their offerings by creating convenient, ready-to-eat kimchi and experimenting with new flavors and ingredients, such as turmeric and beetroot, to appeal to a broader range of consumers. These innovations are helping to make kimchi more accessible and appealing to international markets.

Despite the robust growth, the market faces challenges such as fluctuating raw material costs and competition from locally produced alternatives in various international markets. However, the future prospects remain strong as the global appetite for Korean cuisine continues to grow. The increasing awareness of the health benefits associated with fermented foods, coupled with the ongoing trend of exploring diverse culinary experiences, is expected to sustain the demand for kimchi.

Kimchi Market Report Highlights
  • The baechu kimchi led the market with the largest revenue share of 55.80% in 2023. Its widespread appeal as a Korean staple, combined with its nutritional benefits and the growing trend towards fermented foods, has driven its popularity. The influence of K-culture has also played a significant role in boosting its global consumption
  • Based on end use, the food service segment is projected to grow at the fastest CAGR of 5.5% from 2024 to 2030, fueled by its integration into global cuisines and dining trends. Restaurants are increasingly adding kimchi to their menus to cater to the demand for exotic and healthy options. The international rise of Korean cuisine and fusion dishes also drives its popularity in the food service industry
  • Based on distribution channel, the B2C segment led the market with the largest revenue share of 54.10% in 2023, driven by brands like CJ Bibigo, Daesang Jongga, and Pulmuone available in major retail chains. This accessibility reflects kimchi's growing popularity as a healthy, probiotic-rich food choice. In Southern California, Korean kimchi sales now dominate the market, constituting over 50% of the kimchi section's total sales as of 2024, highlighting substantial growth and competition among imported brands in the state
  • The U.S. market is anticipated to grow at the fastest CAGR of 6.3% from 2024 to 2030. In 2023, South Korean kimchi exports to the U.S. surged to USD 40 million, up 37.4% from the previous year, driven by its reputation as a healthy, probiotic-rich food and its integration into mainstream American cuisine. The influence of Korean entertainment, particularly K-dramas, has further propelled kimchi's popularity, expanding its presence in major U.S. retail chains like Costco and Walmart
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Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Projects & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
1.7. List of Abbreviations
Chapter 2. Executive Summary
2.1. Market Outlook, 2023 (USD Million)
2.2. Segmental Outlook
2.3. Competitive Landscape Snapshot
Chapter 3. Gas Meter Market Variables, Trends, and Scope
3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospects Mapping
3.3. Industry Value Chain Analysis
3.4. Price Trend Analysis, 2018 to 2030 (USD/Unit)
3.4.1. Key Factors Influencing Pricing
3.5. Regulatory Framework
3.5.1. Standards & Compliances
3.5.2. Regulatory Impact Analysis
3.6. Market Dynamics
3.6.1. Market Driver Analysis
3.6.2. Market Restraint Analysis
3.6.3. Market Challenges Analysis
3.6.4. Market Opportunity Analysis
3.7. Business Environment Analysis
3.7.1. Industry analysis - porter’s five forces analysis
3.7.2. Industry analysis - Pestle analysis
Chapter 4. Gas Meter Market: Type estimates & trend analysis
4.1. Movement analysis & market share, 2023 & 2030
4.2. Basic
4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
4.3. Smart
4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5. Gas Meter Market: Application Estimates & Trend Analysis
5.1. Application Movement Analysis & Market Share, 2023 & 2030
5.2. Residential
5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
5.3. Commercial
5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
5.4. Industrial
5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6. Gas Meter Market: Regional Estimates & Trend Analysis
6.1. Key Takeaways
6.2. Regional Movement Analysis & Market Share, 2023 & 2030
6.3. North America
6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.3.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
6.3.3. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
6.3.4. U.S.
6.3.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.3.4.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
6.3.4.3. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
6.3.5. Canada
6.3.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.3.5.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
6.3.5.3. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
6.3.6. Mexico
6.3.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.3.6.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
6.3.6.3. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
6.4. Europe
6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.4.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
6.4.3. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
6.4.4. Germany
6.4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.4.4.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
6.4.4.3. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
6.4.5. U.K.
6.4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.4.5.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
6.4.5.3. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
6.4.6. France
6.4.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.4.6.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
6.4.6.3. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
6.4.7. Italy
6.4.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.4.7.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
6.4.7.3. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
6.4.8. Spain
6.4.8.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.4.8.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
6.4.8.3. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
6.4.9. Russia
6.4.9.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.4.9.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
6.4.9.3. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
6.5. Asia Pacific
6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.5.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
6.5.3. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
6.5.4. China
6.5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.5.4.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
6.5.4.3. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
6.5.5. India
6.5.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.5.5.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
6.5.5.3. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
6.5.6. Japan
6.5.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.5.6.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
6.5.6.3. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
6.5.7. Australia
6.5.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.5.7.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
6.5.7.3. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
6.6. Central & South America
6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.6.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
6.6.3. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
6.6.4. Brazil
6.6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.6.4.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
6.6.4.3. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
6.6.5. Argentina
6.6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.6.5.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
6.6.5.3. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
6.7. Middle East & Africa
6.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.7.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
6.7.3. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
6.7.4. Saudi Arabia
6.7.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.7.4.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
6.7.4.3. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
6.7.5. South Africa
6.7.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.7.5.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
6.7.5.3. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
6.7.6. UAE
6.7.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.7.6.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
6.7.6.3. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
7.1. Key Players & Recent Developments & Their Impact on the Industry
7.2. Key Company/Competition Categorization (Key innovators, Market leaders, emerging players)
7.3. List of key Component Suppliers and Channel Partners
7.4. Company Market Share & Position Analysis, 2023
7.5. Company Heat Map Analysis
7.6. Competitive Dashboard Analysis
7.7. Strategy Mapping
7.7.1. Expansion
7.7.2. Collaboration/ Partnerships/ Agreements
7.7.3. New Application launches
7.7.4. Mergers & Acquisitions
7.7.5. Research & Development
7.7.6. Others
7.8. Company Listing / Profiles
7.8.1. Honeywell International Inc.
7.8.1.1. Company Overview
7.8.1.2. Financial Performance
7.8.1.3. Product Benchmarking
7.8.2. Itron Inc.
7.8.3. Apator SA
7.8.4. Diehl Stiftung & Co. KG
7.8.5. Sensus Worldwide Holdings Limited
7.8.6. Aclara Technologies LLC
7.8.7. EDMI Limited
7.8.8. ABB
7.8.9. CGI
7.8.10. General Electric

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