SEOUL, March 24 (Korea Bizwire) – South Korea’s exports of snacks hit a record high last year on the back of demand by stay-at-home consumers amid the COVID-19 pandemic and the popularity of the Korean pop culture, customs data showed Thursday. Exports of snacks came to an all-time high of US$466 million last year, up [...]
SEOUL, Sept. 15 (Korea Bizwire) — With the COVID-19 pandemic heightening people’s interest in health, confectionery companies are increasingly adopting alternative sweeteners to reduce the sugar level in snacks. Top local snack manufacturer Lotte Confectinery Co. announced that it will launch the ‘Zero’ project aimed at using alternative sweeteners to produce sugar-free products. The company [...]
SEOUL, Sept. 8 (Korea Bizwire) — Weekly sales of ready-to-eat meals at convenience stores jumped as bars are now required to close down at 9 p.m. in accordance with tighter quarantine measures. Convenience store chain CU reported that in the period between 10 p.m. and 2 a.m. from Aug. 30 to Sept. 5, sales of [...]
SEOUL, May 15 (Korea Bizwire) — South Korean confectionery company Orion Corp. said Thursday it plans to strengthen its market presence with a reasonably priced snack line in China and Vietnam following its launch in South Korea. The reasonably priced snack line will offer products that focus on “cost-effectiveness” by setting prices based on convenience [...]
SEOUL, Dec. 12 (Korea Bizwire) — Popular snacks that are familiar to consumers have been transformed with new packaging that allows them to be consumed using a single hand. Local confectionery makers are releasing, day after day, smaller products that can conveniently be eaten using only one hand. Starting with Indian Corn Snack, which was [...]
SEOUL, Feb. 7 (Korea Bizwire) — According to data provided by the Korea Expressway Corp. on Monday, the most popular snacks and beverages at highway rest stops are walnut-shaped cakes and Americano coffee. Since last Lunar New Year’s holiday, total sales of Americano coffee came in at 92.7 billion won (US$82 million). Second in line [...]
SEOUL, Aug. 17 (Korea Bizwire) – Convenience stores in Korea are continuously evolving. On top of treats, drinks, and basic daily necessities, convenience store franchises also offer wide range of nighttime snacks and frozen food. 7-Eleven is the latest convenience store operator to upgrade its product line, announcing Tuesday that it was launching a private [...]
SEOUL, July 22 (Korea Bizwire) – Banana-flavored snacks may not be selling as much as before, but they are still a big help in pushing up overall snack sales, retailers’ data showed Friday. Banana has been the new honey for the market, replacing the craze over potato chips with sweet taste. Makers of chocolate pie [...]
SEOUL, Feb. 16 (Korea Bizwire) – American talk show host Conan O’Brien attracted hundreds of fans at a cafe in Seoul on Monday after receiving a boisterous welcome usually reserved for K-pop idols at Incheon International Airport the previous day. Dozens of fans who had failed to reserve a spot at the guerilla-style meet-and-greet gathered [...]
BUSAN, Sept. 11 (Korea Bizwire) – Crispy laver snacks that will suit the tastes of foreigners are about to be launched. The Algae Bio Research Center of the National Fisheries Research & Development Institute announced that in collaboration with the Korea Food Research Institute, it has processed dried laver and developed snacks in flavors that [...]