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India: Tantalizing frontier for K-food’s global ambitions beyond China

Korea Economic Daily LogoKorea Economic Daily6d ago

India: Tantalizing frontier for K-food’s global ambitions beyond China - Korea Economic Daily

Quick Summary:

The boom is prompting an intensifying three-way race among Korea’s top three food brands – Lotte Wellfood Co., Nongshim Co.and Orion Co.– each betting big on India with the world’s largest population as the next major growth engine after China.

South Korea’s processed food exports to India have surged to a record 6 trillion won ($4.1 billion), marking a significant milestone in the growing appetite for K-food in one of Asia’s fastest-rising consumer markets.

With Korea’s processed food exports setting a new record and a population of 1.4 billion hungry for novelty and spice, India may well prove to be the most tantalizing frontier yet for K-food’s global ambitions, analysts said.


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Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-18 @ 19:37:26 (6 days ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 641 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 28188765

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Main Topics: Economy

Official Website: kedglobal.com

Update Frequency: 8 posts per day

Year Established: 1964

Headquarters: South Korea

News Last Updated: 10 hours ago

Coverage Areas: South Korea

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #91

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