South Korea Foodservice News

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• March 2024: Kolkata-based biscuit and packaged snack company Bisk Farm is exploring acquisition opportunities of regional brands in the West and South to bolster its distribution muscles and increase brand presence.
• March 2024: Parle-G launched a new variant of biscuits, “Parle G Dark.” The latest product featured dark chocolate flavoring with new packaging updated as Dark Cocoa Biscuits. 
• February 2024: Parle Products Pvt. Ltd. extended its partnership with Celebrity Cricket League (CCL), India's T20 Cricket, by the film industry for its upcoming tenth season.

• December 2023: Lindt partnered with German cocoa-free chocolate brand ChoViva to expand its popular Hello range with a limited edition vegan soft and creamy Hazelnut Bar.
• October 2023: Lindt expanded its dairy-free range in the US market with vegan versions of the famous Lindor truffles. As per the brand’s claim, the chocolate is available in two varieties: oat milk and dark oat milk.
• June 2023: Lindt and Sprungli launched a chocolate bar under One for One in the Canadian market. As per the brand’s claim, the One for One line is distinctly packaged with a modern look that sets the bars apart from other Lindt classics and features three flavors, including One for One Milk Chocolate Bar, One for One Milk Chocolate Hazelnut Bar, and One for One Milk Chocolate Salted Caramel Bar.

• February 2023: Hostess Brands Inc. unveiled Hostess Kazbras, a novel snack cake that blends layers of cake, cream, candy crunch, and caramel, offering consumers a unique candy-bar-inspired treat.
• January 2023: Sara Lee, a brand under Bimbo Bakeries USA, introduced a new white bread infused with vegetables. Each loaf, fortified with vitamins A, D, and E, contains the nutritional equivalent of one cup of veggies, aligning with the company's commitment to healthier bread options.
• January 2023: The Campbell Soup Company announced plans to centralize its snack offices from Charlotte, North Carolina, and Norwalk, Connecticut, into its Camden headquarters. To accommodate this consolidation, the company intends to invest over USD 50 million in upgrading its Camden facilities over the next three years, leveraging the site's refurbishment for its revamped offices.

• January 2023: WickedGud, a direct-to-consumer (D2C) health food brand, introduced a new line of instant noodles crafted from a blend of oats, lentils, whole wheat, millets, and brown rice. These noodles are 100% free from refined flour (maida), devoid of any added oils, and entirely free from harmful chemicals. They offer a wholesome and nutritious alternative compared to traditional instant noodles.
• September 2022: Wai Wai expanded its product range by embracing the growing Korean culture in India and launched Spicy Korean-style hot noodles. These noodles are claimed to feature Bhut Jolokia, one of the world's spiciest chilies. This premium line of Wai Wai instant noodles comes in three distinct flavors: Akbari, Dynamite, and Pyro, targeting consumers in Northeast India.
• April 2022: Yu Foodlabs, an Indian brand specializing in instant meal bowls, unveiled two signature instant noodle bowls, each with its unique and delectable flavors. The first, known as "Zingy Cheese," features cheddar cheese, spring onions, and corn kernels. The second, "Chilli Manchurian," offers a spicy and savory twist on instant noodles, adding a distinct Indian flavor to the popular snack.

• February 2023: Haagen-Dazs and EIT Food (European Institute of Innovation and Technology) launched the Start-Up Innovation Challenge. The company announced it to be a global project that aims to explore the potential for innovation in technology and ingredients, focusing on opportunities to increase the sustainability potential of the ice cream brand.
• March 2022: Traveloka launched an e-grocery market named Mart, which provides products including frozen food, fresh fruit, and personal care items. The company partnered with several supermarkets and grocery stores in Greater Jakarta for its most recent product.
• January 2022: Yili Group, a Chinese producer of dairy products, announced its expansion with the launch of its facility in Indonesia. The brand has spread to 260 cities in 26 provinces across Indonesia in a short time.

• March 2023: PepsiCo Pakistan organized an event to celebrate World Water Day 2023 by sharing the fact that the company is replenishing a significant share of the water they use at their snack manufacturing facilities in the Sundar and Multan watersheds. This move was intended to build a positive brand image in the minds of consumers across the region.
• May 2019: PepsiCo officially opened its new manufacturing facility in the city of Multan. The plant produce and supplies snacks, such as Lay's and Kurkure, for Pakistan and its export markets.

• July 2022: In accordance with the "Agreement on the Promotion of Domestic Wheat Consumption signed with the Ministry of Agriculture Food and Rural Affairs," SPC Samlip introduced four different types of domestic wheat bakeries. The new item is available in Nonghyup Hanaromat and e-mart locations nationwide.
• February 2022: Mondelez expanded its production line of Oreo biscuits in Indonesia's Cikarang. The company revealed that it invested USD 23 Million in the production facility. The company claimed the new production line had cutting-edge technology and boasted a low carbon emission footprint.
• July 2021: President Bakery Public Company collaborated with Ovaltine to launch two new co-branded products under its Farmhouse brand, featuring Ovaltine, to deliver a crunchy texture. The new products include dorayaki, biscuits, ice creams, and a bun filled with Ovaltine.
• June 2021: SPC Group has opened its first Paris Baguette bakery franchise in Cambodia, with the first branch being launched in the country's capital city. This Korean bakery brand has gained a reputation for quality and is owned by the well-established firm SPC Group. The partnership with Cambodia's HSC Group to open the first Paris Baguette store in Phnom Penh is a promising development, given the country's growing economy and expanding middle class.

• November 2022: Kraft Heinz launched plant-based cheese slices. The dairy-free cheese slices were available in three flavors: American, cheddar, and provolone; they will be sold in the Cleveland area.
• August 2022: Saputo Inc. recognized the opportunity in the vegan cheese space and made strategic investments in the United Kingdom to prime itself for bringing vegan cheese to the marketplace. Saputo Cheese USA Inc., Lincolnshire, Ill., brought the Vitalite brand of plant-based, vegan-certified, dairy-free cheese from the United Kingdom to the United States.
• May 2021: Saputo announced that it purchased Bute Island Foods, the manufacturer and marketer of a number of plant-based cheese brands under its brand Sheese. Sheese was first launched on the market in 1988 as a soy-based product and is now known for its coconut oil-based vegan cheese products.

• August 2022: Mondelēz International, Inc. continued its strong track record of offering a wide range of snacking options for consumers by innovating to create new products or reformulating products that will not be classified as high in fat, salt, or sugar (HFSS) from beloved brands including belVita, Cadbury Drinking Chocolate, Maynards Bassetts and The Natural Confectionery Company.
• February 2022: Dr Schär UK Ltd., a gluten-free manufacturer, announced the acquisition of Glasgow-based bakery GDR Food Technology Ltd., t/a Just: Gluten Free Bakery. GDR specializes in gluten-free baked goods such as bread, rolls, teacakes, and flatbread.
• April 2021: Walker's Shortbread, the world's finest shortbread expert baker, is expanding its gluten-free range. The expanded content, certified by Coeliac UK, will be available exclusively in Sainsbury's stores across the country and will include three indulgent Walker's classics: shortbread rounds, chocolate chip shortbread, and ginger & lemon shortbread.

• February 2022: Taufika Group's Lovello Ice Cream brand announced the launch of a range of ice creams that included six different ice creams in four new flavors in Dhaka. The new range of ice creams included Choco Blast Mini, Coffee Blast, Premium Assorted Box 2.0, and Choco Hidden Heart.
• August 2021: Golden Harvest Group inaugurated its e-commerce venture, Golden Harvest Survus Ltd., which sees a fair share in the potential service market for restaurant booking, food delivery, grocery shopping, and medicine delivery. Food delivery is booming in Dhaka, as the number of daily orders served has roughly doubled amid the pandemic.
• February 2021: Thailand-based LENK Frozen Foods acquired Fahim Seafoods Pvt. Ltd., deepening its commitment to sourcing more black tiger shrimp from Bangladesh. With this new operation and brand, LENK Group aims to set advanced quality standards in Bangladesh's seafood sector.