SEOUL, Dec. 29 (Korea Bizwire) — South Korea’s fried chicken industry has crossed a symbolic threshold, with the number of franchise outlets nationwide surpassing 30,000 for the first time, even as signs of market saturation intensify and growth prospects dim at home. According to the National Data Policy Agency’s 2024 Franchise Statistics released on December [...]
JEONJU, South Korea, April 3 (Korea Bizwire) —In a global first, South Korean researchers have successfully completed the full genomic mapping of the country’s native long-tailed chicken breed, known as the “Ginkkoridak,” revealing the genetic basis behind its famously elongated tail feathers. The collaborative effort by the Rural Development Administration (RDA) and Seoul National [...]
SEOUL, Oct. 11 (Korea Bizwire) – As restaurant owners’ frustrations grow over high commission fees charged by food delivery apps, several major chicken franchise chains in South Korea are ramping up incentives for customers to use their proprietary ordering platforms. According to industry sources on October 10, the country’s top three chicken franchises — BBQ, bhc [...]
YESAN, Sept. 2 (Korea Bizwire) — The Yesan Permanent Market, a local marketplace turned national hotspot thanks to the efforts of celebrity restaurateur Baek Jong-won, was once again teeming with visitors on August 31. This time, the crowds gathered to enjoy beer and whole roasted chicken as part of the annual Yesan Beer Festival. The festival, [...]
SEJONG, Aug. 13 (Korea Bizwire) — South Korea’s agriculture ministry said Tuesday that the country has received the nod from Britain to ship heat-treated chicken products to the European nation. The approval will allow South Korea to export a wide array of related products, including traditional chicken soup, or “samgyetang,” according to the Ministry of [...]
SEOUL, Jul. 30 (Korea Bizwire) — Kyochon F&B Co., one of South Korea’s major fried chicken brands, said Tuesday it has opened its first store in Canada as it seeks to expand in North American markets. The store is located in the Robson street of Vancouver and offers its signature fried chicken menu series, the [...]
SEOUL, Jul. 16 (Korea Bizwire) – On July 15, the first of South Korea’s three hottest days of summer, animal rights organizations voiced concerns over the treatment of chickens used in samgyetang, a popular chicken soup traditionally consumed on these days. The groups argue that the recent ban on dog meat consumption does not go far [...]
DAEGU, Jul. 4 (Korea Bizwire) – The 2024 Daegu Chicken and Beer Festival, one of South Korea’s premier summer events, kicked off on July 3 for a five-day run in Daegu’s Duryu Park and Pyeonghwa Market areas. This annual celebration, known locally as the Chimaek Festival (a portmanteau of “chicken” and “maekju,” the Korean word for [...]
SEOUL, May 23 (Korea Bizwire) – South Koreans are feeling the pinch with major chicken franchises raising prices, bringing the era of the 30,000-won chicken bucket closer to reality – a scenario foreshadowed by BBQ Group’s chairman Yoon Hong-geun back in 2022. With dining costs already soaring, more consumers are exploring cost-effective ways to satisfy their [...]
SEOUL, June 30 (Korea Bizwire) — South Korea’s finance ministry said Friday the country will remove tariffs on chicken in line with efforts to ease the financial burden of households amid prolonged inflation. Under the measure that will be implemented on Saturday, the country will lift tariffs on 30,000 tons of chicken until the end [...]