The world’s largest kimchi producer – Daesang Corporation – is building their first European factory in Poland.
Daesang is investing $10.6 million to build the Kraków facility. It is a joint venture – called Daesang ChPN Europe – with Polish food producer Charsznickie Pola Natury (ChPN), who specializes in fermented foods. It will be the Korean company’s 11th overseas production facility – one facility is in the U.S. and the others are in China. They plan to produce 3,000 tons of kimchi a year.
“The Polish joint venture is yet another adventure for our attempts to globalize kimchi,” said Lim Jung-bae, CEO of Daesang. “We will do our best to promote the excellence and legitimacy of kimchi in Europe, following our efforts in the US.”
Kimchi is netting huge sales worldwide. Daesang dominates the export market – 60% of kimchi export sales are from Daesang. Their 2021 exports were $67 million, a 131% increase since 2016. European exports are increasing annually for the company at about 20%. The Netherlands and UK are the top European kimchi importers.
Read more (The Korea Herald)