Korean ramyeon manufacturers celebrate Indonesia's relaxed inspection regulations. The country now requires inspections for carcinogens, but recent efforts have eased requirements, benefitting exporters like Samyang Foods and Nongshim.
A pop-up brand zone prepared in collaboration by Nongshim and Lifework at Lifework Megastore's basement floor in Myeong-dong, central Seoul will open on Wednesday.
Instant noodles, or ramyeon, have quickly become a staple worldwide, with an increasing number of middle-class consumers reaching for the packaged meal-in-one previously regarded as a "cheap" pantry essential.
Products, props and costumes that appear in “Squid Game” are becoming popular in the real world.
Samyang Foods, best known for the spicy Buldak Bokkeum Myeon, started building a factory in Miryang, South Gyeongsang, on Monday.
The instant noodle market is growing fast and changing quickly as the pandemic has started to convince people that the humble snack could make a righteous meal.
Nongshim benefited from the Parasite effect, as its products drafted off of the success of the Oscar-winning movie.
While many industries are reeling amid global lockdowns and plunging consumer demand, Korea's food industry is having a banner year. Food companies are reporting on-year increases for the first quarter, with some firms pushing to all-time records.
While most businesses are struggling to recover from the impact of the coronavirus outbreak, some companies have been less affected by the pandemic. Sales of these firms ticked upwards since the virus started taking a toll on the economy.
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