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 [...]
SEOUL, Jul. 9 (Korea Bizwire) — Blue Bottle Coffee Inc. said on Tuesday that it will increase the number of its outlets in South Korea to four this year as it seeks to tap deeper into one of the world’s most competitive coffee markets. The California-based coffee company advanced to Korea in May by opening [...]
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 [...]
SEOUL, Jun. 18 (Korea Bizwire) — It’s been a decade since Paul Bassett debuted in the South Korean coffee market with a focus on specialty coffee, and much of its success owes to a “positive evolution” in the local coffee culture, the Australian barista who gave his name to the brand says. Paul Bassett said [...]
SEOUL, Jun. 7 (Korea Bizwire) — South Korean researchers have developed new technology to produce eco-friendly renewable energy from leftover coffee grounds. The Korean Institute of Machinery and Materials reported on Wednesday that chief researcher Choi Yeon-seok has developed what is being called a Tilted-Slide Fast Pyrolyzer. This technique employs the method of rapidly heating [...]
SEOUL, Jun. 3 (Korea Bizwire) — Coffee, which has emerged as the de facto “national beverage,” has to be imported almost all of the time, but it is expected that one day Koreans will taste brews from domestic beans. The Rural Development Administration (RDA) announced on Sunday that it will conduct a study titled “Arabica [...]
DAEJEON, May 13 (Korea Bizwire) — Coffee has become more than just a drink, an important part of everyday life for South Koreans. Now, coffee comes in various shapes and sizes, including cups, cans, coffee mixes, and instant coffee. According to the Korean Intellectual Property Office (KIPO), 543 patents applied for in the past five [...]
SEOUL, May 8 (Korea Bizwire) — Blue Bottle Coffee Inc., an American coffee brand that recently opened its first flagship store in South Korea, is stirring up controversy among South Korean consumers for the new store’s interior design. Also known as the ‘Apple of the Coffee Industry,’ Blue Bottle Coffee is well known for its [...]
SEOUL, Apr. 30 (Korea Bizwire) — CJ Foodville, the restaurant arm of food and entertainment conglomerate CJ, said Tuesday that it has decided to sell its coffee chain operator to a foreign private equity fund (PEF) for some 200 billion won (US$171 million) to improve its financial footing. The company’s board of directors approved a [...]
SEOUL, Apr. 30 (Korea Bizwire) — Blue Bottle Coffee will officially debut in Seoul later this week, a South Korean affiliate of the upscale U.S. coffee chain operator said Tuesday. The new cafe will open in Seoul’s eastern Seongsu neighborhood — a trendy hangout spot where young artists and designers renovated existing buildings into art [...]