SEOUL, July 12 (Korea Bizwire) – According to the Ministry of Agriculture, Food and Rural Affairs (MAFRA) and the Korea Agro-Fisheries & Food Trade Corporation (aT), Food Berry, a Korean agricultural company, recently signed a $2.5 million contract with Emirates to supply the airline with kimchi.
The agreement was the result of Food Berry’s participation in Gulfood 2016, an international food fair that took place in Dubai in February. According to the ministry and the trade corporation, the company already made its first shipment in March, and will be providing the airline with its kimchi, produced according to halal guidelines, for the next five years.
Food Berry also participated in the 2016 Summer Fancy Food Show in June, and it’s in the final stages of negotiations with Delta Air Lines to also provide kimchi for Delta’s airline meals.
Food Berry was established in 2010 as a one-man company with capital of 50 million won ($43,463). As of now, the company has four employees and annual sales of 700 million won, and although still small in size, Food Berry has been aggressively participating in and marketing its products at various food events across the world. As a result of the company’s efforts, 2015 sales increased by 187 percent from 2014.
“We’ll continue our support of small but determined domestic businesses like Food Berry,” said an aT official. “And in order to do so, we’ll arrange a wide variety of marketing platforms such as food fairs, exhibitions, and promotional events, while hosting international buyers and investors to further promote the export of domestic agricultural products.”
By Kevin Lee (email@example.com)