food firms Archives | Be Korea-savvy

Soaring Grain Prices Put Most Smaller Food Firms in a Fix: Poll

SEOUL, June 7 (Korea Bizwire) — More than 8 in 10 smaller food firms in South Korea have taken a hit from sky-high international grain prices caused by extreme weather events and Russia’s invasion of Ukraine, a poll showed Tuesday. The survey of 213 small and medium-sized food firms showed 82.6 percent of the respondents [...]

Food Industry Responds to Rising Demand for Meat Alternatives

SEOUL, July 15 (Korea Bizwire) — Demand for meat alternatives is surging as a growing number of Koreans are gaining interest in health. In response, the food industry is scrambling to expand relevant businesses. Local meal-kit producer Fresheasy recently won operating rights in South Korea for v2food, an Australian meat substitute producer. Starting in the [...]