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U.S. Agriculture Praises Senate Letter Urging Administration to Make Greater Strides to Protect Common Food and Wine Terms

ARLINGTON, Va., July 31 (Korea Bizwire) — A diverse range of farm and agricultural industries is praising a bipartisan Senate letter sent today to U.S. Trade Representative (USTR) Robert Lighthizer and U.S. Agriculture Secretary Sonny Perdue urging stronger international safeguards to protect U.S. exporters using common food and wine terms. Sens. John Thune (R-SD), Debbie Stabenow (D-MI), [...]

S. Korean Companies Seize Opportunity with High-protein Food Offerings

SEOUL, April 22 (Korea Bizwire) — With a growing number of South Koreans working out at home and making an effort to stay healthy, foods that are low in sugar and high in protein are becoming new standards for the health functional food industry. If a company can provide tasty but functional products to hundreds [...]

Coronavirus a Boon for Instant Food Purchases; Coffee and Liquor Sales Down

SEOUL, Feb. 26 (Korea Bizwire) — The coronavirus outbreak is drastically altering the fate of the food industry. While sales of food products such as ramen and instant rice are soaring as consumers scramble to hoard essential goods at home, non-essential drinks such as coffee and beer have plunged in sales. Supermarket chain Emart reported [...]

Food Producers Offer Upsized Products to Stimulate Consumption

SEOUL, Feb. 21 (Korea Bizwire) — Food businesses are striving to overcome the economic slump coupled with the coronavirus outbreak. Companies are trying to approach consumers by lowering prices and increasing product size, despite various factors that negatively impact pricing. Haitai Confectionery & Foods Co., a major confectionery company in South Korea, introduced a new, [...]

S. Koreans Stock Up on Food as Coronavirus Spreads

SEOUL, Feb. 7 (Korea Bizwire) — With the spread of the novel coronavirus infection, sales of food for home cooking are on the rise at large discount stores. As consumers are reluctant to go out, bulk products or non-perishable items are becoming popular. E-Mart Inc., the country’s leading discount chain operator, compared its sales between [...]

Convenience Stores New Barometers for Food Trends

SEOUL, Jan. 15 (Korea Bizwire) — Convenience stores are rising as a new platform where food products spotlighted on social media or television programs make their first debut. CU, a major convenience store chain, showcased its Kielbasa Platter that comes with a Polish Kielbasa sausage that recently went viral on social media. The dish gained [...]

More Households Buying Food Online

SEOUL, Jan. 3 (Korea Bizwire) — A growing number of South Korean households are using the internet and mobile devices to buy food, a recent study has revealed. The Ministry of Agriculture, Food and Rural Affairs and the Korea Rural Economic Institute (KREI) conducted a survey of 2,016 households, 78.6 percent of whom responded that [...]

S. Korean Military Uses Big Data for Food Service Management

SEOUL, Dec. 27 (Korea Bizwire) — South Korean military authorities have decided to add new food choices at military cafeterias based on a big data analysis of military food services. The Ministry of Defense announced on Thursday new plans to control the amount of food given out to service members, revamp menus, and better ensure [...]

Fish Cakes Now a Premium Side Dish

SEOUL, Dec. 19 (Korea Bizwire) — The local fish cake industry has continued to grow as manufacturers of fish cakes, which used to be seen only as humble side dish ingredients, are changing consumer perceptions with high-end snacks. According to the Korea Agro-Fisheries & Food Trade Corp., sales of fish cakes in South Korea have [...]

Convenience Stores Jump On Vegetarian Bandwagon

SEOUL, Nov. 7 (Korea Bizwire) — The popularity of a diet based on vegetables is on the rise as an increasing number of South Korean consumers are looking for healthy and ethical consumption. As a result, the retail industry is launching a series of vegetarian products. Nongshim Co., South Korea’s top instant noodles maker, released [...]