(Courtesy of Nongshim) South Korea’s processed food exports are expected to reach 6 trillion won ($4.4 billion) this year after Korean food companies have aggressively ramped up R&D investments to tailor flavors and textures for diverse global tastes. According to Korean alternative d
K-pop girl group NewJeans are the global brand ambassadors of Pepero, Lotte Wellfood's iconic chocolate-covered pretzel stick South Korea’s processed food exports to India have surged to a record 6 trillion won ($4.1 billion), marking a significant milestone in the growing appetite for K-
Bibigo store South Korean food, beauty and fashion companies, which have enjoyed robust demand for their products in overseas markets this year, will grow bolder with their global expeditions in the new year amid rising economic and political woes at home. CJ CheilJedang Corp., Korea&rsqu
Customers share Korean dishes at the Bibigo to go pop-up store in Shoreditch, London (Courtesy of CJ CheilJEdang) CJ CheilJedang Corp., South Korea’s largest food company, will spend a total of $584 million to build new food-manufacturing factories in Europe and the US to expand its footi
The 2024 Korea Business Expo Vienna is the first expo in Europe hosted by the World Federation of Overseas Korean Traders Associations (World OKTA) VIENNA – South Korea's small cooking appliance and beauty product makers gained certitude of their product quality and were convinced o
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
Lotte's signature chocolate bar Ghana Chocolate Premium (Courtesy of Lotte Wellfood) Lotte Group, a multinational retail-to-chemical business empire, is seeking to ride the growing popularity of Korean food to achieve its global expansion plan. According to the South Korean conglomerate,
Nongshim’s Shin Ramyun is the top-selling Korean ramen worldwide Nongshim Co. and Samyang Foods Co., South Korea’s two largest ramen makers, are ramping up production to create and meet demand for their spicy instant noodles in new markets such as Latin America, heralding an intensi
A customer picks up a bag of Pulmuone tuna gimbap at a store in China (Courtesy of Pulmuone) Leading South Korean food company Pulmuone Corp. is poised to crank up the K-food craze in China, the world’s second most populous country, with gimbap — rice rolls wrapped in seaweed.Pulmuo
South Korea’s instant noodle giant Nongshim Co. will build a local plant dedicated to producing ramen — or ramyun, as the company spells it — for exports at home to meet growing demand for its instant noodles abroad, especially in Europe.The move is also intended to fend off
Allgot's frozen kimbap South Korean fishery processing and seafood major Sajo Daerim Corp. has forayed into the frozen kimbap market, becoming a new big player in the country’s food industry to throw down the gauntlet in the frozen kimbap export market pioneered by smaller local foo
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
Korean food at Lotte Mart’s Gandaria City Mall hypermarket Dried seaweed, widely used to make kimbap, or seaweed-wrapped rice rolls, is often referred to as the “black semiconductor” in South Korea these days – an amusing reference to dark seaweed, the price of which has
CJ CheilJedang introduces Bibigo Korean food at CJ ENM’s annual K-pop festival KCON (Courtesy of CJ CheilJedang) Harvard Business School students are set to study the success of South Korean foods in the global market through the case of Bibigo, the leading brand of the country’s fo