SEOUL, Dec. 16 (Korea Bizwire) — The size of South Korea’s meat substitute market is forecast to exceed 20 billion won (US$15.2 million) this year, an industry tracker said Thursday. According to a report from Euromonitor International, the size of the nation’s alternative meat market is expected to reach $16.9 million this year, up 28 percent [...]
SEOUL, Dec. 13 (Korea Bizwire) — Nearly two-thirds of South Koreans in their 20s and 30s have positive views about alternative meat, a survey showed Monday. Shinsegae Food Inc., a food business arm of South Korea’s Shinsegae Group conducted a survey of 1,000 people in their 20s and 30s, 67.6 percent of whom thought positively [...]
SEOUL, June 10 (Korea Bizwire) — Plant-based alternative meat is cholesterol-free, and contains more protein than beef patties used for hamburgers, a consumer advocacy group said Thursday. The Korea Consumer Agency tested the quality and safety of 15 plant-based meat products, which did not contain any cholesterol. In contrast, the protein level for every 100 [...]
SEOUL, Feb. 4 (Korea Bizwire) — More than 2 in 3 people in their 20s and 30s have positive views about alternative meat, a survey showed Thursday. Shinsegae Food Inc., the food unit of South Korean retail giant Shinsegae, conducted a survey of 1,000 people aged 20 to 39, 67.6 percent of whom felt positive [...]
SEOUL, May 8 (Korea Bizwire) — So-called ‘meatless meat’ that is made from plant-based ingredients without animal products is gaining popularity among consumers. Shinsegae Food Inc., the food unit of of South Korean retail giant Shinsegae, reported that sales of its ‘No-chicken Nuggets’, released last month, were three times higher than the company’s sales projections. [...]