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Home Meal Replacement Market Valued at 4.2 tln Won in 2019

Home Meal Replacement Market Valued at 4.2 tln Won in 2019

SEOUL, March 11 (Korea Bizwire) — South Korea’s home-meal replacement product market was estimated at 4.2 trillion won (US$3.68 billion) in 2019, data showed Thursday, with the sector expected to continue to grow down the road on the growing number of single-member households. The annual average growth of the segment was 16 percent since 2010, [...]

Service Robot Industry Continues to Grow

Service Robot Industry Continues to Grow

SEOUL, March 3 (Korea Bizwire) — A growing number of businesses worldwide are focusing their efforts to develop robots with artificial intelligence, giving a boost to related markets. The global market research agency Strategy Analytics estimated that the market for service robots will expand from US$31 billion last year to $122 billion by 2024. In [...]