January 28, 2025 | Food

Korean seaweed leads global market with record growth

The export value of Korean gim surged by 25.8 per cent year-on-year, reaching a record high of $997 million in 2024 South Korea’s dried seaweed exports have experienced remarkable growth,…

January 28, 2025 | Company News

South Korea’s meat market to surpass $7.66 Bn by 2030

Health and wellness trends are also shaping the South Korean meat market The “South Korea Meat Market, By Region, Competition, Forecast & Opportunities, 2020-2030F” report has been added to ResearchAndMarkets.com’s offering. The South Korean…

January 27, 2025 | Food

South Korea’s rice consumption hits record low in 2024

The food and beverage industry consumed 873,363 metric tons of rice in 2024, marking a 6.9 per cent increase from the previous year South Korea’s per capita rice consumption hit…

January 27, 2025 | Beverages

Kavalan launches Distiller’s Reserve collaboration with South Korea’s Jeju Island

The series is exclusively available at Jeju duty-free and features packaging inspired by Yilan’s iconic Snow Mountain range, Kavalan’s pure water source Kavalan Distillery unveiled The Distiller’s Reserve Series, an…

January 27, 2025 | Company News

FlavorSum introduces FlavorSum Modulate

FlavorSum Modulate includes FMPs for alcohol, bakery, beverage, cannabis and dairy and non-dairy applications FlavorSum, a North American flavour producer, is expanding its solutions portfolio to include flavours with modulating…

January 27, 2025 | Company News

TopGum expands to North America with acquisition of Island Abbey Nutritionals

The acquisition bolsters TopGum’s strategic focus to deepen its foothold in the US market TopGum Industries, a global leader in the development and manufacturing of gummy supplements, announces it has…

January 24, 2025 | Company News

Jollibee Group opens first Tiong Bahru Bakery in Philippines

Originally hailing from Singapore, Tiong Bahru Bakery is known for its croissants and other expertly handmade pastries using the finest French ingredients The Jollibee Group is stepping into the new year with…

January 24, 2025 | Australia

KitKat Australia factory receives $30Mn break

The investment will support increased production capacity Nestlé Australia has announced a new $30 million investment in its Campbellfield factory in Victoria, the home of KitKat. This state-of-the-art technology will…

January 24, 2025 | Beverages

Diageo to sale Cacique to Bardinet S.A.

Cacique is an authentic rum brand from Venezuela with a 65-year heritage Diageo plc, a global leader in premium alcoholic beverage drinks, has signed and completed the sale of Cacique…

January 24, 2025 | Food

South Korea aims for $14Bn in K-Food Plus exports by 2025

The Ministry introduced the K-Food Plus Export Innovation Strategy to position K-Food Plus as a global strategic export industry The popularity of K-dramas is contributing to a growing interest in…