Gochujang is a savory, sweet, and spicy fermented condiment made from chili powder, glutinous rice, meju (fermented soybean) powder, yeotgireum (barley malt powder), and salt. The sweetness comes from corn syrup and the starch of cooked glutinous rice, cultured with saccharifying enzymes during the fermentation process.Traditionally, it has been naturally fermented over years in jangdok (earthenware) on an elevated stone platform, called jangdokdae, in the backyard.
This report contains market size and forecasts of Gochujang in global, including the following market information:
Global Gochujang Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Gochujang Market Sales, 2017-2022, 2023-2028, (K Ton)
Global top five Gochujang companies in 2021 (%)
The global Gochujang market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Bagged Gochujang Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Gochujang include Sempio, Chung Jung One, Bibigo, Annie Chun's, CJ, Maeil Food and Taehwa Food Inc., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Gochujang manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Gochujang Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Ton)
Global Gochujang Market Segment Percentages, by Type, 2021 (%)
Bagged Gochujang
Box Packed Gochujang
Bottled Gochujang
Global Gochujang Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Ton)
Global Gochujang Market Segment Percentages, by Application, 2021 (%)
Online Stores
Supermarkets
Independent Retailers
Specialty Stores
Global Gochujang Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Ton)
Global Gochujang Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Gochujang revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Gochujang revenues share in global market, 2021 (%)
Key companies Gochujang sales in global market, 2017-2022 (Estimated), (K Ton)
Key companies Gochujang sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Sempio
Chung Jung One
Bibigo
Annie Chun's
CJ
Maeil Food
Taehwa Food Inc.