KGC (Korea Ginseng Corp.)'s representative red ginseng brand 'CheongKwanJang' ranked first in the global ginseng retail market sales record compiled by Euromonitor International, a global market research company. According to Euromonitor's 2022 report, the global ginseng retail market last year was approximately USD 2.47 billion (KRW 3.139 trillion). Among them, CheongKwanJang recorded a market share of 41.9 percent, with sales of about USD 1.038 billion (KRW 1.319 trillion). The survey of … [Read more...] about CheongKwanJang, No. 1 in the global ginseng market for 10 consecutive years
Market Trends
India Online Meat Delivery Market Outlook 2027
Millennials showing interest in the online meat delivery segment The young population, especially millennials, has shown an increasing inclination toward ordering meat online. People, especially in Metro and Tier I cities, are majorly working. They are technology-friendly and have also shifted to online shopping for meat, especially when the meat comes directly from the farm to your doorstep with the assurance of freshness and quality. Innovative value chain model by service … [Read more...] about India Online Meat Delivery Market Outlook 2027
Futureproof mineral ingredients for value-added solutions
At Fi/Hi Europe, Omya presented functional ingredients for the creation of safe and natural clean-label products Oftringen (Switzerland), December 2022 – Mineral expert Omya used Fi/Hi Europe to showcase a range of natural mineral ingredients that address processing challenges while also offering health benefits. Non-nano Omyafood® 120 and Omya Calcipur® are two new flow aids that offer superb anticaking functionalities while providing a source of calcium. Particles provide a highly porous … [Read more...] about Futureproof mineral ingredients for value-added solutions