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 [...]
SEOUL, Sept. 5 (Korea Bizwire) — South Korea’s ice cream sales have declined in the past few years in the face of fewer children and the growing popularity of alternatives, such as ice coffee and shaved ice, a report said Tuesday. Per capita annual consumption of ice cream fell to 58 servings in 2015 from [...]
SEOUL, Aug. 4 (Korea Bizwire) – Despite an unusual heat wave, sales of South Korean ice cream makers fell in July from a year earlier due to a growing market for alternative products, an excessive price war and other factors, industry sources said Thursday. Lotte Confectionery Co., a key food unit of South Korean retail [...]
BUSAN, July 15 (Korea Bizwire) – Rep. Kim Hae-young of the Minjoo Party of Korea revealed on July 15 an amendment to the Food Sanitation Act that would require frozen sweets, particularly ice cream, to feature printed expiration dates. These types of products have been exempted in the past. Current food sanitation legislation requires the labeling [...]
SEOUL, May 27 (Korea Bizwire) – The next time you have a hangover, you might want to try a new Korean treat called a Gyeondo-bar. Gyeondyo-bars are the latest hangover cure in the Korean market, developed by WithMe, a convenience store franchise owned by Korean retail giant Shinsegae. The name of the new bar is derived [...]