SEOUL, July 26 (Korea Bizwire) — South Korea’s exports of ice cream reached an all-time high in the first half of this year, data showed Tuesday, amid a global heat wave and the growing popularity of Korean culture. Overseas shipments of South Korean-made ice-cream products came to US$50 million in the January-June period, up 14 [...]
SEOUL, April 25 (Korea Bizwire) – The South Korean market of ice cream has seen growth in the last two years thanks to the spread of indoor activities in the pandemic era. The Korea Agro-Fisheries & Food Trade Corp. and industry tracker Euromonitor International reported that last year’s South Korean ice cream market was worth [...]
SEOUL, Sept. 14 (Korea Bizwire) — South Korea’s major ice cream franchises are placing bigger emphasis on custom ice cream cakes as a way to attract consumers who value their individual tastes. The No. 2 player Natuur recently opened a custom ice cream cake shop called ‘My Cake House by Natuur’ in the Seoul neighborhood [...]
SEOUL, July 8 (Korea Bizwire) — A shrinking ice cream market caused by a low birthrate and the rise of alternative products is leading ice cream companies to tap into YouTube ads and subscription services to boost revenues. South Korea’s ice cream market shrank from 1.68 trillion won (US$1.47 billion) in 2018 to 1.53 trillion [...]
SEOUL, Jan. 13 (Korea Bizwire) — The cold snap that is sweeping over the Korean peninsula is creating an unusual landscape — local vendors are removing ice cream and refrigerated products from refrigerators to display outdoors. A shop owner in Seoul’s Seongbuk District recently displayed ice cream products outdoors for a discount sale, surprising consumers [...]
SEOUL, Sept. 4 (Korea Bizwire) — South Koran exports of ice cream swelled more than 11 percent in the first eight months of the year despite a slump in the country’s overall overseas shipments, official data showed Friday. Overseas shipments of South Korean ice-cream products came to US$47 million in the January-August period, up 11.1 [...]
SEOUL, July 21 (Korea Bizwire) — Ice cream that can be enjoyed guikt-free thanks to its relatively low calorie content is gaining attention. The state-run Korea Agro-Fisheries and Food Trade Corp. revealed Sunday that the term ‘diet ice cream’ went from 59th in 2018 to 20th place this year on the most searched keyword list. [...]
SEOUL, Sept. 18 (Korea Bizwire) — The recent trend of value consumption, which stresses the importance of emotional satisfaction, is widely spreading and penetrating the convenience store ice cream market. According to convenience store chain 7-Eleven, the portion of high-end products in its overall sales of ice cream stood at 23.6 percent this year. The [...]
CHICAGO, Aug. 20 (Korea Bizwire) — PureCircle (LSE: PURE), the world’s leading producer and innovator of stevia sweeteners, is launching a great-tasting branded gourmet ice cream with zero added sugar and sweetened with its next generation stevia leaf sweeteners. Based in Chicago, the company is debuting the new ‘PureCircle’ ice cream in its hometown at [...]
SEOUL, Apr. 2 (Korea Bizwire) — South Korean food companies are introducing low calorie ice creams, instant noodles and other products to meet demand from the growing number of health-conscious consumers, industry sources said Monday. Binggrae Co. recently began marketing its “Beauty Inside” ice cream, which has 50 percent less sugar and 80 percent less [...]