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October 23, 2020
Rice export prices further declined 4-6 percent as new crop rice supplies are entering the market.
October 22, 2020
Korea’s juice market is dominated by large domestic manufacturers. Imports, while making up less than 15% of the market, are on the rise.
October 22, 2020
The jams, jellies and preserves market is growing steadily. Domestic manufacturers are expanding their market share by launching products targeted to Korean consumers’ needs.
October 22, 2020
Growth in e-commerce and meal delivery services have opened new sales channels for soft drinks.
October 22, 2020
Growth in the Home Meal Replacement (HMR) market and Korean consumer demand for more flavors have driven up imports of condiments and sauces.
October 22, 2020
Peanuts are popular in Korea and consumed in a variety of ways. Demand for peanuts and peanut butter is steady.
October 22, 2020
Domestic honey production declined sharply in recent years due to climate change and insect damage.
October 22, 2020
The Korean the ice cream market totaled $1.3 billion in 2019, down 20% from 2016.
October 22, 2020
While chocolate is a popular snack in Korea, sales have stagnated. Confectioners have been introducing new products to meet customer’s changing demands.
October 22, 2020
Butter consumption in Korea has been steadily increasing as the Korean diet has grown more westernized.
October 22, 2020
Overall sales of bakery mixes and doughs in consumer packages in grocery stores continue to decline.
October 22, 2020
The lobster market has grown since Korea signed FTAs with the United States in 2012 and Canada in 2015. Korean lobster imports totaled 5,254 metric tons in 2019.
October 22, 2020
The cheese market is expected to continue to grow as cheese becomes increasingly integrated in Korea’s dietary culture.
October 22, 2020
Korean consumers value tree nuts for their health benefits. Most tree nuts are imported.
October 22, 2020
Although Burma (also called Myanmar) does not yet have a comprehensive biosafety legislation, the final version of the National Biosafety Framework is completed and pending approval...
October 22, 2020
Hong Kong did not have any policy changes on regulating genetically engineered (GE) products in the past year.
October 21, 2020
Korea is the United States top export market for pomegranates. U.S. pomegranate sales to Korea have fully recovered after a drop in 2016 due supply shortages.
October 21, 2020
Domestic production of grapes is decreasing. Imports have continuously increased since the Korea-Chile Free Trade Agreement in 2004.
October 21, 2020
Hop imports declined in 2019 due to the overall stagnation of the Korean beer market. However, the craft beer market in Korea has been growing over the past few years leading to increased...
October 21, 2020
The frozen fruit market in Korea has been on a decline. However, there are still opportunities for growth as Korean consumers value diversity and convenience.

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