SEOUL, July 31 (Korea Bizwire) — As South Korean consumers grapple with rising food prices, ultra-low-cost products priced under 1,000 won are gaining popularity—prompting convenience stores to expand their “super-value” offerings. On July 30, 7-Eleven announced the launch of two canned coffee products, “Seven Select Black Coffee” and “Seven Select Café Latte,” each priced at [...]
GWANGJU, July 30(Korea Bizwire) — As dining costs continue to climb across South Korea, prices for samgyetang — a traditional Korean ginseng chicken soup favored during the summer heat — have breached ₩20,000 per bowl at many popular restaurants in Gwangju, marking a sharp departure from its status as an affordable seasonal comfort food. According to local [...]
SEOUL, July 29 (Korea Bizwire) — Record-breaking heat driven by climate change is disrupting South Korea’s agricultural and aquacultural sectors, with fresh milk production, farmed fish survival, and summer cabbage crops all under threat, raising fears of supply instability and inflation. According to the Korea Dairy Committee, raw milk output has declined by 5–10% amid prolonged [...]
SEOUL, July 28 (Korea Bizwire) — As an August 1 deadline looms, South Korea finds itself under mounting pressure from the United States to further open its agricultural and livestock markets—a delicate issue that has long tested the country’s balancing act between international diplomacy and domestic political realities. Behind closed doors, the two allies are [...]
SEOUL, July 25 (Korea Bizwire) — Sales of multigrain instant rice are surging in South Korea, especially among younger consumers, as part of a broader shift toward health-conscious eating, NH NongHyup Bank reported Friday. Analyzing 4.2 billion transaction records from its NH Members loyalty program between January 2022 and June 2025, the bank found that [...]
SEOUL, July 24 (Korea Bizwire) – Orion Corp., a major South Korean confectionery company, said Thursday it will recall all of its Cham Carp Cakes, a popular fish-shaped pie, due to potential mold contamination. The company has notified the Ministry of Food and Drug Safety of the issue and requested that retailers halt sales of [...]
SEOUL, July 21 (Korea Bizwire) — As small restaurant owners continue to struggle with rising operational costs and a sluggish economy, South Korea’s National Assembly is considering introducing a cap on delivery app fees — a move that could significantly reshape the country’s booming food delivery sector. At the center of the debate is the [...]
DAEJEON, July 18 (Korea Bizwire) — South Korea is seeing a sharp rise in baking-related patents, driven by growing consumer demand for bread and a cultural shift toward Western-style diets, according to the Korean Intellectual Property Office (KIPO). Over the past two decades, more than 3,500 patent applications have been filed in the baking sector, [...]
IKSAN, July 18 (Korea Bizwire) – McDonald’s Korea’s latest local specialty, the “Iksan Sweet Potato Mozzarella Burger,” has become a viral sensation on social media, surpassing 500,000 units sold within just four days of its release on July 10. The burger is now poised to reach the one-million mark by this weekend, according to officials [...]
SEOUL, July 17 (Korea Bizwire) — In a move aimed at bolstering food safety and consumer trust, the Korea Food Research Institute has developed a cutting-edge infrared hyperspectral imaging technology powered by artificial intelligence to detect quality changes in beef during distribution. The new system allows for real-time, non-destructive analysis of subtle quality deterioration in [...]