South Korean Demand for Western Foods May Benefit US Exporters
Some U.S. agricultural exporters may see new opportunities in South Korea due to a rise in popularity of Western-style baked goods, international food products, cheese and wine, the U.S. Department of Agriculture Foreign Agricultural Service said Aug. 26. USDA said…
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baked goods have become “everyday food items” for Koreans, who prefer Western pastries. The country’s increasing demand for international food products has specifically driven demand for cheese, although U.S. cheese exporters may face competition from Australia, New Zealand and the European Union. Wine has also become a “big market” for exporters to South Korea, USDA said, especially because the country has “limited” local wine production.