SEOUL, May 17 (Korea Bizwire) — Shinsegae Food Inc., a food manufacturing arm of South Korea’s retail giant Shinsegae, announced on Tuesday the launch of the Better Burger. The burger is made with plant-based ingredients and is available through Shinsegae Food’s fast food hamburger chain, No Brand Burger. To create the burger, the company developed [...]
SEOUL, May 16 (Korea Bizwire) – South Korean food conglomerate CJ Cheiljedang Corp. plans to develop a range of Korean street foods as new products and release them in foreign markets. The company announced on Monday that it will develop six Korean street foods under the Bibigo brand and launch them in major countries across [...]
SEOUL, April 19 (Korea Bizwire) —Shinsegae Food plans to launch a 100% plant-based burger named the “Better Burger” next month at its No Brand Burger stores. The burger will use alternative meat, cheese, and buns made from plant-based proteins, including soybeans and cashew nuts, without using animal ingredients such as milk and eggs. Shinsegae will [...]
SEOUL, April 19 (Korea Bizwire) — The price of the luxury apple mango bingsu sold at high-end hotels has exceeded 100,000 won. Bingsu is a traditional Korean ice dessert topped with red beans, which comes in a bowl of shaved frozen milk or condensed milk, resembling fluffy snow, with various toppings of choice. The Four [...]
SEOUL, April 15 (Korea Bizwire) — Sales of hangover relievers have increased due to an increase in drinking parties as COVID-19 becomes endemic. Pills, sticks, and jelly products have become popular among the MZ generation as they are simpler and more delicious than the drink formulation. Sales of drinks increased by 61.6% year-on-year, but jelly [...]
SEOUL, March 20 (Korea Bizwire) — Alternative seafood is drawing increasing attention in South Korea, reflecting a social atmosphere oriented towards a plant-based diet for health and sustainability. Dongwon F&B Co., a South Korean food producer recently unveiled a canned tuna product under its newly-released alternative vegan brand My Plant. The tuna product is made [...]
SEOUL, Feb. 20 (Korea Bizwire) — Starbucks Korea announced on Friday that it will offer its signature product, the Americano, at its original price for a limited period. The move comes as the company celebrates its growing customer loyalty program, with its reward program members surpassing 10 million in January this year. From Feb. 22-24, [...]
SEOUL, Feb. 17 (Korea Bizwire) — As the price of ramyeon (Korean instant noodles), a popular food among common people for its affordability, moved up sharply amid high inflation, the low-price private brand (PB) products developed by major retailers are enjoying rising popularity. E-Mart Inc. said it sold more than 1 million packs of its [...]
SEOUL, Feb. 14 (Korea Bizwire) — South Korean fried chicken franchises saw their sales rise during the FIFA World Cup in Qatar last fall despite an industry-wide slump for restaurants, data showed Monday. According to a report from the state-run Korea Agro-Fisheries Trade Corp., the total revenue of the nation’s restaurant businesses amounted to 11.1 [...]
SEOUL, Jan. 10 (Korea Bizwire) — South Korean instant noodle maker Nongshim Co. is exploring ways to attract young consumers who are reducing their consumption of instant noodles, or “ramyeon” in Korean. The company opened a Shin Ramyun cafeteria popup store in the hip district of Seongsudong in eastern Seoul on Monday. It brought the [...]