CJ Foods names Dr Gregory Yep as CEO

Yep has more than three decades of diverse leadership in food science, nutrition, and biotechnology across numerous consumer goods and food-related multinational businesses CJ Foods, a global leader in Korean, Asian and American cuisine, and the food business unit of CJ CheilJedang, announced t...

Lotte Wellfood and Nestlé Korea terminate joint venture

The process is set to be completed by the end of the first quarter of 2026 Lotte Wellfood Co. and Nestlé SA have announced the termination of their joint venture, Lotte-Nestlé Korea. The process is set to be completed by the end of the first quarter of 2026, ending their 12-year partnership. ...

Dongguk University researchers create clove-essential-oil-based Pickering emulsions

The researchers developed a sustainable emulsion using carbon quantum dots (CQDs), innovative solid particles derived from clove essential oil residue In a groundbreaking discovery, a team of scientists led by Jun-Won Kang, Assistant Professor in the Department of Food Science and Biotechnology ...

Thai mango exports up by 45%

South Korea has now surpassed Malaysia as the top importer, accounting for 62.2 per cent of the exports Thailand’s mango exports have surged significantly, driven by the global popularity of “Mango Sticky Rice.” In 2024, fresh mango exports from Thailand grew by 45.68 per cent, reaching a ...

GEN Korean BBQ expands footprint in Texas

This Marks the Third location opening in 2025 signalling strong growth momentum for the Year GEN Restaurant Group, owner of GEN Korean BBQ, a fast-growing casual dining concept with an extensive menu and signature grill-at-your-table experience, announced a new restaurant location in San An...

South Korea’s fruits and vegetables dominate inflation list in 2024

This surge was due to low stock levels from 2023 Last year, South Korea experienced significant price increases in food items, particularly in fruits and vegetables, according to data from Statistics Korea. Among 458 items in the consumer price index, Asian pears recorded the largest price hike,...

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, driven by the popularity of Korean kimchi and ramyeon noodles. Dried seaweed, or ‘gim’ in Korean, has be...

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 meat Market has experienced...

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 a record low in 2024, continuing a decades-long decline, according to government data. Statistics Korea reported tha...

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 exclusive creation crafted for Jeju Island in collaboration with the Jeju Touris...

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 Korean cuisine worldwide. In response to the surge in K-food exports, South Korea’s Ministry of A...

K-Food exports hit all-time high in 2024, surpassing $13Bn

K-Food Plus reached 207 countries, with nine new markets added since 2023, including those ordering advanced smart farms South Korea’s agri-food industry has grown remarkably, with the Ministry of Agriculture, Food, and Rural Affairs (MAFRA) reporting a record-breaking $13.03 billion in K-Food...

TOUS les JOURS expands into Malaysia

TOUS les JOURS expands its footprint in Southeast Asia with a master franchise agreement in Malaysia CJ Foodville’s TOUS les JOURS signed a master franchise (MF) agreement with Malaysian company Stream Empire Holdings. Following its successful operations and expansion in Indonesia, TOUS les JO...

Korean tea brand OSULLOC launches in Los Angeles

This launch furthers OSULLOC's mission to bring the natural flavours and wellness benefits of Jeju Island's teas to U.S. consumers OSULLOC, the award-winning luxury Korean tea brand with a deep-rooted passion for preserving and revitalising the art of tea-making launched five exclusive SKUs in E...

From tradition to transformation South Korea bans dog meat by 2027

To aid the transition, the government has set aside 100 billion won ($75 million) in incentives for farmers, breeders, and restaurants South Korea marked a historic milestone by deciding to phase out its dog meat industry, reflecting a major cultural and legislative transformation. The governmen...

Azelis announces partnership with AAK in South Korea

Following a successful commercial relationship between Azelis and AAK for Food & Nutrition in the Americas region Azelis, a leading innovation service provider in the speciality chemicals and food ingredients industry, is pleased to announce a new distribution agreement with AAK, a leading s...

CJ CheilJedang ramps up global expansion with investments in Hungary and US

These investments aim to strengthen its market presence in Europe and the U.S., two key regions in the company's international growth strategy CJ CheilJedang, a leader in Korean food manufacturing, is ramping up its global expansion by investing ₩800 billion to build advanced production facili...

Binggrae's Melona ice bar available at Costco Australia

Next month, Melona and Samanco are also set to launch at Coles, Australia's second-largest supermarket chain Binggrae, South Korea's leading food company, has announced that its flagship ice bar, Melona, is now available at Costco in Australia starting this month. Binggr...

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