SEOUL, Jan. 18 (Korea Bizwire) — The South Korean market of instant meals jumped more than 145 pct in 2020 from four years earlier on the increased number of convenience stores and the coronavirus pandemic, data showed Tuesday. Shipments of ready-to-eat items, known as home meal replacement (HMR) products in South Korea, came to 2.01 [...]
SEOUL, Mar. 22 (Korea Bizwire) — Purchases of instant meals by busy middle-aged South Koreans soared nearly 1.6 times this year thanks to their convenience, industry data showed Friday. According to major online shopping mall Gmarket, sales of instant rice, soup and other meals to customers in their 40s and 50s jumped 152 percent on-year [...]
SEOUL, Feb. 11 (Korea Bizwire) — The South Korean market for instant meals has expanded beyond single-person households to the middle-aged population, the country’s leading processed foods maker, CJ Cheiljedang Corp., said Monday. The ready-to-eat items, often referred to as home meal replacement (HMR) products here, have become increasingly popular, mainly on the back of [...]
SEOUL, Nov. 20 (Korea Bizwire) — The South Korean market for instant meals reached 2.2 trillion won (US$2 billion) last year mainly on the back of increased sales of ready to eat meals, a report showed Sunday. According to the report by the Ministry of Agriculture, Food and Rural Affairs and the Korea Agro-Fisheries and [...]