According to 2017 Global Seed Market Database, the global crop seed market size is anticipated to reach 118.5 billion dollars by 2022, with an average of 11.4% annual growth. G+FLAS, a CRISPR/Cas genome editing company in South Korea, announced that they licensed two patents regarding Non-GMO ways of plant genome[Read More…]
Korea
LG to unveil new craft beer system at CES 2019
Automated Process and Exclusive Technologies Deliver Total DIY Solution for Beer Enthusiasts. LG Electronics (LG) will debut a capsule-based craft beer making machine, LG HomeBrew, at CES 2019. A winner of a 2019 CES Innovation Award, the state-of-the-art device makes the brewing process incredibly easy thanks to its single-use capsules,[Read More…]
Lactic Acid Bacteria in Kimchi Reduce Cholesterol in Blood
Animal tests show an increased release of cholesterol in feces and secretion of bile acid in the small intestine. World Institute of Kimchi, which discovers and promotes kimchi’s scientific excellence, announces that the results of an animal test showed that lactic acid bacteria isolated from kimchi (a probiotic) significantly reduced[Read More…]
South Korea to use blockchain for beef supply management
The pilot will be jointly undertaken by the Ministry of Science and ICT and the Ministry of Agriculture, Food and Rural Affairs. South Korea has announced a blockchain technology pilot aimed at tracking beef through the entire food supply chain. The pilot will be jointly undertaken by the Ministry of[Read More…]
CJ Cheiljedang to buy US firm Schwan’s
The transaction will include 80 percent of Schwan’s Company and specific subsidiaries that focus on foods sold in retail and grocery channels and food-service venues. Schwan’s Company, a leading U.S. food business, has reached an agreement to sell a majority stake of the company to CJ CheilJedang (CJCJ), of Seoul,[Read More…]
The Korea Ginseng Association’s regional festivals sees an increase in the participation of foreign tourists
At these festivals, the increased number of foreign tourists garnered attention, reflecting the influence of Hanryu and growing global interests in the Korean Ginseng. The Korea Ginseng Association reported that the annual October Korean Ginseng festivals, total 16 of them this year, are successfully being held across the nation. Among the[Read More…]
The Korea Ginseng Association announces local Korean Ginseng festivals’ schedule
These annual local Ginseng festivals provide an exciting opportunity to try out Korean Ginseng inspired recipes and foods, along with variety of programs and cultural events. The Korea Ginseng Association has announced schedules of local Korean Ginseng festivals that will be held in many cities in Korea in October. In Korea, 16[Read More…]
Korea Ginseng Association certifies Korean Ginseng’s quality
Korean Ginseng was proved in a research in 2002 done by the Chung-Ang University Ginseng Industrial Research Center to have higher levels of the six main active nutrients — G-Rb2, G-Rh1, Ge, G-Rg1, G-Rf and Se — in a study comparing ginseng from Korea, Japan, Canada and China. The Korea[Read More…]
Lotte Food signs agreement with Spring Sheep Milk
Leading Korea food company Lotte Food Pasteur plans to introduce a new sheep milk product line for children, expecting to launch in 2019. Lotte Foods Co., Ltd. recently announced that a Memorandum of Understanding (MoU) has been successfully signed with innovative sheep milk nutrition company, Spring Sheep Milk Co. Leading[Read More…]
SIG partners with Seoul Dairy to launch Achimae Soymilk
It is the first product to be launched featuring SIG’s microwaveable packaging since it was introduced last month. SIG has partnered with South Korea’s Seoul Dairy Cooperative to launch Achimae Soymilk in its Heat&Go packaging. The soy milk drink with chickpea protein is designed to be served as a warm,[Read More…]