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Domestic Coffee Industry Nears 7 bln Won as Demand for Premium Coffee Soars

Domestic Coffee Industry Nears 7 bln Won as Demand for Premium Coffee Soars

SEOUL, Jul. 15 (Korea Bizwire) — Industry analysts say that the South Korean coffee industry will continue to expand fueled by specialty coffee shops in the future. South Korea’s coffee industry is estimated at 6.8 trillion won (US$5.77 billion) this year, the Hyundai Research Institute said Sunday in a report. The coffee industry is divided [...]

S. Korean Alcohol and Pork Exports to Muslim Countries on the Rise

S. Korean Alcohol and Pork Exports to Muslim Countries on the Rise

SEOUL, Jul. 4 (Korea Bizwire) — South Korean soju and pork exports to Muslim countries, where alcohol and pork are normally forbidden, are rising. The Korea Agro-Fisheries & Food Trade Corporation (aT) reported on Wednesday that last year’s soju exports to Indonesia reached $1.3 million, a 10.1 percent increase from the previous year. Between January [...]

Gov’t Expands Caffeine Labeling Regulations to Coffee Shops

Gov’t Expands Caffeine Labeling Regulations to Coffee Shops

SEOUL, Jul. 3 (Korea Bizwire) — As a measure to prevent excessive consumption, regulations on caffeine will be expanded, with “total caffeine content” also displayed in coffee shops and bakeries that directly make and sell coffee starting next year. The newly introduced regulations, set forth by the Ministry of Food and Drug Safety, are an [...]

Chinese Beer Increasingly Popular Among S. Koreans

Chinese Beer Increasingly Popular Among S. Koreans

SEOUL, Jun. 21 (Korea Bizwire) — Consumer preferences for imported beer, a popular convenience store purchase, are changing. CU, a convenience store chain operated by BGF Retail Co., analyzed the changes in the percentage of beer sales by country of origin over the past five years, and found that the status of Japanese beer, which [...]

Now or Never: Food Service Industry Turns to Limited Edition Marketing

Now or Never: Food Service Industry Turns to Limited Edition Marketing

SEOUL, Jun. 20 (Korea Bizwire) — “Limited edition marketing” is emerging as a new relief pitcher in the food and restaurant industries, which are struggling with thinning consumer wallets. There was a buzz on SNS that the fried chicken and burger franchise Kentucky Fried Chicken (KFC) would sell fried chicken skin since the morning of [...]

Beer Maker Releases Rainbow Advertisement to Support Queer Festival

Beer Maker Releases Rainbow Advertisement to Support Queer Festival

SEOUL, Jun. 3 (Korea Bizwire) – South Korean beer maker Oriental Brewery Co. (OB) posted an advertisement supporting sexual minorities on the occasion of the 20th Seoul Queer Culture Festival on Saturday. In fact, OB has become one of the top corporate supporters of sexual minorities among South Korean companies. Cass, the flagship lager beer brand [...]