Korean ‘Bread and Pastry’ Takes Off Overseas… ‘K-Bakery’ Exports Hit All-Time High

Published Dec 24, 2024

Tridge summary

Korea's K-bakery exports, including snacks and bread, have experienced the highest growth to date, with a 8.3% increase from last year, reaching USD 404 million from January to November this year. The exports were led by snacks, followed by bread and ingredients, with products like bungeoppang and steamed buns contributing significantly due to the popularity of Korean culture. The United States, China, and Japan were the top three export destinations, with the United States seeing the highest export amount. There was also a notable increase in exports to Europe and North America. This growth is attributed to the rising global popularity of K-food.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

While K-foods such as ramen and kimbap have captured the taste buds of people around the world, exports of ‘K-bakery’ such as snacks and bread this year recorded the highest ever. In addition, products with unique Korean characteristics such as bungeoppang and steamed buns have been loved, proving their competitiveness in the global market. The Korea Customs Service announced on the 24th that bakery product exports from January to November this year were tallied at USD 404 million, an 8.3% increase from last year. This is the highest ever for the same period, and if the current trend continues, this year’s total exports are expected to exceed last year’s USD 405 million. By export item, ‘snacks’ (cookies, biscuits, snacks, etc.) accounted for the largest share at 72.5%. This was followed by ▲bread (cakes, pies, waffles, pastries, etc.) at 15.1% and ▲ingredients (dough, dough, premix, etc.) at 12.4%. However, all items recorded the highest export performance compared to the same ...

Source: Nongmin