The Hotel, Restaurant and Institutional (HRI) foodservice sector in South Korea continues to grow as on-going socio-economic changes promote increased consumer spending on dining outside of the home.  Cash-register sales for the sector totaled W83.8 trillion won ($79.6 billion) in 2014, up 5.4 percent...

Korean coffee imports data showed 27 percent up in value of $527 million and 17 percent up in volume of 134,000 Metric Tons in 2014 compared to a year of 2013.  Despite the economic down turn and health concerns, coffee industry resources expects to continue to grow by 10 percent annually for the coming years...

South Korea is the fifth largest export market for American agriculture.  Imports of American food and agricultural products into Korea in 2015 are forecast to total $7.2 billion, down 11 percent from the previous year due to the combined effect of extensive port strikes...

In 2014, $56 billion in local dairy product sales was one-percent higher than 2013. Domestic raw milk production was 5.8 percent increased however total raw milk consumption increased by only 2.1 percent, which was satisfied by a 12.2 percent increase in imports.  Drinking milk products by value decreased...