Skip to content
  • KOSPI 2743.02 +18.40 +0.68%
  • KOSDAQ 846.94 -8.12 -0.95%
  • KOSPI200 373.46 +2.88 +0.78%
  • USD/KRW 1357.7 +2.2 +0.16%
  • JPY100/KRW 870.99 +0.43 +0.05%
  • EUR/KRW 1476.23 +2.94 +0.2%
  • CNH/KRW 187.59 +0.21 +0.11%
View Market Snapshot

Food & Beverage

  • Food & Beverage

    Spicy food craze sweeps South Korea

    South Korea, famous for the spicy kick in its cuisine, is going the extra mile to turn the nation red hot with extremely spicy food, believed by Kore...

    Nov 10, 2023 (Gmt+09:00)

    3 Min read

  • Food & Beverage

    SPC Samlip partners with H Mart to enter US market

    SPC Samlip Corp, a unit of South Korea’s food and bakery giant SPC Group, announced on Thursday it signed a business agreement with H Mart, the...

    Nov 09, 2023 (Gmt+09:00)

    1 Min read

  • Food & Beverage

    K-chicken chain BB.Q opens fourth restaurant in Philippines

    South Korea’s leading fried chicken franchise BB.Q Chicken announced on Wednesday it opened its fourth restaurant at The Shops in Manila, the ...

    Nov 08, 2023 (Gmt+09:00)

    1 Min read

  • Food & Beverage

    South Korea’s Dailybeer to enter into Singaporean market

    Dailybeer, South Korean craft beer and fried chicken chain, announced on Friday it signed a contract with Singapore-based Katrina Group for joint inv...

    Nov 03, 2023 (Gmt+09:00)

    1 Min read

  • Food & Beverage

    Soju no longer working-class liquor

    HiteJinro Co., South Korea’s largest soju maker, will raise the price of its soju and beer products by about 7% next month to reflect higher co...

    Oct 31, 2023 (Gmt+09:00)

    3 Min read

  • Food & Beverage

    S.Korea sees record of beverage exports in Q1~Q3

    South Korea's exports of beverages from Jan. to Sept. this year exceeded $500 million to break all-time record.Export data released on Thursday by th...

    Oct 31, 2023 (Gmt+09:00)

    1 Min read

  • Food & Beverage

    CJ CheilJedang’s frozen rice sales surpass $74 mn in US

    South Korean food company CJ CheilJedang Corp. announced on Monday the cumulative sales of its frozen rice products produced and sold in the United S...

    Oct 30, 2023 (Gmt+09:00)

    2 Min read

  • Food & Beverage

    Paris Baguette to enter Middle Eastern halal market

    Paris Baguette, the bakery franchise owned by South Korea's SPC Group, said on Monday it has signed a memorandum of understanding (MOU) with UAE-bas...

    Oct 23, 2023 (Gmt+09:00)

    1 Min read

  • Food & Beverage

    CJ CheilJedang to export K-Street Foods

    South Korean food company CJ CheilJedang Corp. ’s strategic product lineup K-Street Food will be launched in June next year on major global mar...

    Oct 23, 2023 (Gmt+09:00)

    1 Min read

  • Food & Beverage

    Korea steps up pressure on private sector to ease inflation

    South Korea is intensifying pressure on the private sector to curb inflation by forcing companies such as food and beverage makers not to raise produ...

    Oct 20, 2023 (Gmt+09:00)

    2 Min read

  • Food & Beverage

    CJ launches new vegan dumplings in UK, Australia, Singapore

    South Korean food giant CJ CheilJedang Corp. has rolled out new vegan dumplings with tray packages in the UK, Australia, and Singapore. They are desi...

    Oct 18, 2023 (Gmt+09:00)

    1 Min read

  • Food & Beverage

    Nongshim invests $7.4 mn to nurture food tech startups

    South Korean food and beverage giant Nongshim Co., unveiled plans on Wednesday to pump 10 billion won ($7.4 million) into venture funds, aiming to di...

    Oct 18, 2023 (Gmt+09:00)

    1 Min read

  • Food & Beverage

    HiteJinro to build first overseas soju plant in Vietnam

    South Korea's leading soju maker HiteJinro Co. on Monday unveiled its plan to build a plant in Vietnam. HiteJinro Singapore confirmed a lease agreeme...

    Oct 16, 2023 (Gmt+09:00)

    1 Min read

  • Food & Beverage

    KFC Korea to start franchise business for faster growth

    Fast food chain KFC said on Friday it will begin franchise store operations in South Korea next year, when the company will mark 40 years of business...

    Oct 13, 2023 (Gmt+09:00)

    1 Min read

  • Food & Beverage

    KT&G breaks ground on new plant in Kazakhstan

    South Korea's KT&G Corp., the world’s fifth-largest tobacco maker, announced on Thursday the commencement of its new factory's construction...

    Oct 12, 2023 (Gmt+09:00)

    1 Min read

  • Food & Beverage

    Mom's Touch to open pop-up store in Tokyo

    South Korean homegrown burger and chicken brand Mom's Touch & Co. on Wednesday announced that it plans to open its first overseas pop-up store "M...

    Oct 11, 2023 (Gmt+09:00)

    1 Min read

  • Food & Beverage

    S.Korea’s Gopizza to open branch at Singapore Changi airport

    South Korean food tech startup Gopizza, known for its single-serving pizza prepared by robots, on Tuesday said it will open a branch on Nov. 1 at Sin...

    Oct 10, 2023 (Gmt+09:00)

    1 Min read

  • Food & Beverage

    Daesang holds kimchi pop-up event in Seoul

    South Korean food company Daesang Corp. on Friday said it is holding through Oct. 15 the country’s first kimchi pop-up store “Kimchi Blas...

    Oct 06, 2023 (Gmt+09:00)

    1 Min read

  • Food & Beverage

    Canada's Tim Hortons to open 2nd store in Gangnam

    Canada's No. 1 coffee chain Tim Hortons announced on Thursday that it plans to establish its second South Korean flagship store at the bustling Tehr...

    Oct 05, 2023 (Gmt+09:00)

    1 Min read

  • Food & Beverage

    Pulmuone, BlueNalu team up for cell-cultured seafood

    South Korean food company Pulmuone revealed plans on Thursday to boost its strategic partnership with US-based seafood startup BlueNalu, focusing on ...

    Oct 05, 2023 (Gmt+09:00)

    1 Min read

  • Food & Beverage

    CJ CheilJedang, T&R Biofab team up for alternative meat

    South Korean food and bio giant CJ CheilJedang Corp. is harnessing advanced innovative technology to secure sustainable future food resources. The co...

    Oct 04, 2023 (Gmt+09:00)

    1 Min read

  • Food & Beverage

    Paris Baguette to open nine new North American stores in Sept.

    Paris Baguette, the bakery franchise owned by South Korea's SPC Group, said on Wednesday that it plans to open nine new stores in North America this ...

    Sep 13, 2023 (Gmt+09:00)

    1 Min read

  • Food & Beverage

    Canada's coffee brand Tim Hortons to open store in Gangnam

    Canada's No. 1 coffee chain Tim Hortons revealed plans on Tuesday to establish its first South Korean flagship store at the bustling intersection of ...

    Sep 12, 2023 (Gmt+09:00)

    1 Min read

  • Food & Beverage

    KT&G to build new factory in Indonesia

    South Korea's KT&G Corp. has received a commitment of active investment support from the Indonesian government for building a local new factory. ...

    Sep 11, 2023 (Gmt+09:00)

    1 Min read

  • Food & Beverage

    Snack maker Orion earns dividends from Vietnam for 1st time

    South Korea’s confectionery and snack manufacturer Orion Corp. collected dividends from its Vietnamese unit for the first time as the company h...

    Sep 07, 2023 (Gmt+09:00)

    1 Min read

  • Food & Beverage

    CJ Foodville to invest $37 mn to build bakery plant in US

    Tous les Jours, the bakery brand under South Korea's CJ Foodville, unveiled plans on Tuesday to invest over 50 billion won ($37 million) in its first...

    Sep 05, 2023 (Gmt+09:00)

    1 Min read

  • Food & Beverage

    Nestlé seeks to open Starbucks brand stores in Korea

    Nestlé S.A., the world’s largest food company, is preparing to open small Starbucks brand stores in South Korea to attract budget-consci...

    Aug 28, 2023 (Gmt+09:00)

    2 Min read

  • Food & Beverage

    Nongshim Kellogg enters S.Korean instant rice market

    Nongshim Kellogg Co. announced on Monday its foray into the domestic instant rice market with the launch of "Whole Oat Rice," a product made exclusi...

    Aug 28, 2023 (Gmt+09:00)

    1 Min read

  • Food & Beverage

    Starbucks' space marketing shines in Korea with 'The' stores

    Starbucks “The Yeosu Dolsan DT” in South Korea embodies the business philosophy of its founder and former Chief Executive Howard Schultz:...

    Aug 25, 2023 (Gmt+09:00)

    2 Min read