South Korea’s snack exports soared to a record high in February, surpassing $40 million for the first time, as global demand surged amid the sustained popularity of Hallyu, the Korean Wave.According to Korean alternative data platform KED Aicel, Korea’s snack exports reached a preliminar
Bibigo products (Courtesy of CJ CheilJedang) South Korea’s largest food company, CJ CheilJedang Corp., is shifting into high gear in its global expansion with a 100 billion won ($72 million) investment in a new frozen dumpling plant in Japan, about six months after announcing new pl
Orion Choco Pies (Courtesy of Orion) Orion Corp., a South Korean confectionery and snack manufacturer, will inject 830 billion won ($580 million) over three years to expand snack manufacturing facilities at home and abroad to meet growing demand for its snacks overseas. The company announ
Korean ramen products in a supermarket in South Korea (Courtesy of Yonhap) South Korea’s spicy instant noodles are poised to captivate China, the world’s largest ramen market, with their shipments to the neighboring country skyrocketing thanks to flavors appealing to local pal
South Korea’s leading alternative data service provider Hankyung Aicel Inc. is poised to transform companies' and investors’ business and investment decision-making processes with its unique value-added information and actionable insights.The Korea Economic Daily, South Korea&rsquo
South Korean Ministry of Oceans and Fisheries plans to enhance the global competitiveness of Korea's seaweed industry by establishing "Gim” as the standardized international name for Korean seaweed and introducing a grading system for dried gim to enable price differentiation based on
The Korea Pavillion set up in Paris-Nord Villepinte during SIAL Paris 2024 (Courtesy of Yonhap) PARIS – South Korean food companies such as Pulmuone Corp., Lotte Wellfood Co., Ottogi Corp. and Maeil Dairies Co. are gearing up for their expansion into Europe with not only traditional Korea
Nongshim booth at Korea Expo 2024 in Paris on May 24, 2024 (Courtesy of News1 Korea) South Korean food companies are scrambling to ramp up factory output at home and abroad to meet the insatiable appetite for Korean flavors and aromas worldwide. According to the Korean food industry on Th
CJ CheilJedang's Bibigo seaweed (gim) snack First, it was groceries. Then came fried chicken and hamburgers. Now, it’s seasoned seaweed products, chocolate and ice creams.As in other countries, food prices in South Korea keep going up -- with everyone biting their nails, hoping for modera
South Korea’s CJ CheilJedang Corp. said on Tuesday that its sales of the flagship brand Bibigo’s Cooked Sticky White Rice in North America surged by 160 billion won ($116 million), up 21% year-over-year and doubled the figures from 2021.The company exports various room-temperature
Hot Chicken Flavor Ramen promotion booth at the China International Import Expo on Nov. 5, 2020, in Shanghai (File photo, courtesy of Samyang Foods) Samyang Foods Co., a South Korean instant noodle maker, enjoyed record earnings last year thanks to increasing overseas sales of its global-hit Ho