The South Korean Ministry of Food and Drug Safety (MFDS) has named the 11 top-performing food and beverage firms in the country for 2023, with the first and second rankings going to CJ Cheiljedang and Lotte respectively.
CJ CheilJedang’s food brand bibigo recently introduced its frozen rice rolls in supermarket chain Woolworths in Australia, a market where the firm is reaping significant sales growth.
South Korean food major CJ CheilJedang has used new fermentation technology to consecutively launch products with reduced sodium content in response to growing consumer demand for “less burdensome” options.
South Korean food giant CJ CheilJedang is ramping up efforts in developing “earth-friendly” food products, as its upcycled chips made from manufacturing by-products gain popularity among local consumers.
South Korean food and nutrition firm CJ CheilJedang is seeking to address what it claims is a market gap for dietary supplements that promote muscle health through its newly formed food and nutrition ingredient subsidiary.