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Busan’s Yeongdo District Gains Popularity as Island Without Franchises

Busan’s Yeongdo District Gains Popularity as Island Without Franchises

BUSAN, Nov. 19 (Korea Bizwire) — One district in the city of Busan is gaining popularity as an ‘island without franchises’. Yeongdo-gu, an island district in Busan, is known as the islet of coffee, where various coffee festivals are held regularly in tandem with local coffee shops. These coffee shops are private stores not affiliated [...]

Popularity of Capsule Coffee Dwindles as Coffee Subscriptions Soar

Popularity of Capsule Coffee Dwindles as Coffee Subscriptions Soar

SEOUL, Sept. 24 (Korea Bizwire) — A new trend is emerging where consumers order coffee from delivery apps or apply for monthly subscriptions to enjoy coffee. The new trend is replacing the trend of making and drinking coffee at home. Innocean Worldwide Inc., a major local advertising agency, released a data analysis report that analyzed [...]

Fat Cans the New Stars of the Beverage Industry

Fat Cans the New Stars of the Beverage Industry

SEOUL, Aug. 27 (Korea Bizwire) — The beverage industry’s “fat can” trend, are aimed at “heavy users,” is leading to a drop in the popularity of slim cans. With the prolonged economic downturn, cost-effectiveness is becoming an underlying concern for consumers, and more and more are looking at cost over volume. Furthermore, with consumption trends [...]

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 [...]

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 [...]