Tag: Lotte Wellfood

Lotte Wellfood

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Ice cream makers seek summer rebound with healthier products and revamped classics

After years of chilly sales, manufacturers now hope they can warm up the balance sheet with innovative approaches, flavors and partnerships.

2026.7.3

Nongshim CEO Jo Yong-chul speaks during a press conference marking the 40th anniversary of Shin Ramyun at the Lotte Hotel in central Seoul on May 13. [YONHAP]

K-food firms cook up expansion in India as rapid delivery boom offers new shortcut

India’s rapid delivery boom is giving K-food companies a new shortcut into one of the world’s fastest-growing consumer markets, with the likes of Nongshim and Lotte Wellfood not only expanding shipments but catering to local palates.

2026.5.28

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A shopper is seen selecting Pepero products, manufactured by Lotte Wellfood, at a large supermarket in Seoul on Feb. 6, 2025. [NEWS1]

Snack companies selling overseas feast on profits while those focused on domestic market starve

Sales and profits of major confectionery companies moved in opposite directions last year, underscoring the growing divide between firms dependent on overseas markets and those tied to weak domestic demand.

2026.2.6

The second lineup of Lotte Wellfood’s ‘Matcha Dessert Series’ products [LOTTE WELLFOOD]

Lotte Wellfood’s new green tea products a delicious ‘matcha’ made in heaven

With the popularity of matcha showing no signs of slowing down, Lotte Wellfood has gotten in on the act with its “Matcha Dessert Series” featuring three products: Vinz Premier Matcha, Premium Mon Chou Matcha and Strawberry, and Premium Ghana...

2025.10.29

Packs of Pepero are pictured at a large supermarket in Seoul on May 22. [YONHAP]

100 million shipments: Korean snacks gaining ground in world's two largest markets

Lotte Wellfood and Samyang Foods are expanding globally with new factories in India and China to meet rising K-food demand among Gen Z consumers.

2025.7.13

Pepero products are shown on shelves of a supermarket in Seoul on Feb. 17. [YONHAP]

Lotte Wellfood's Pepero set to roll off Indian production line in overseas first

Lotte Wellfood, a Korean confectionery company, said Wednesday that it has completed construction of its first overseas production line for Pepero, the company's iconic chocolate-coated biscuit stick snack, in India.

2025.7.9

Gen Z is swearing off sugar. Chocolate makers are determined to win them back.

Korean chocolate brands face declining market share and competition from imports. To stay relevant, they focus on quality, emotional marketing and innovative health-conscious products targeting younger consumers.

2025.5.21

Lotte WellFood's Pepero products are displayed at a supermarket in Seoul on Feb. 6. The chocolate biscuits will be sold in India from July, the firm's CEO said, according to Indian reports. [NEWS1]

Lotte Wellfood to invest $300 million in India to expand production and supply chains, CEO says

Lotte Wellfood CEO Paul Yi said the confectionary company will further invest an estimated $300 million into India to expand the firm's production and supply chains, according to Indian reports on Thursday.

2025.2.7

Boxes of Pepero are stacked in a market in Seoul on Nov. 10, 2024. [YONHAP]

Lotte Wellfood to raise prices on Pepero, other products as won weakens, costs rise

Food and beverage company Lotte Wellfood is set to raise prices on 26 products including Pepero, citing the weakened won against the dollar as well as rising costs of raw materials such as cocoa and increasing processing expenses.

2025.2.6

Confectionary firm Lotte Wellfood showcased products such as its Pepero chocolate biscuits at a booth at SIAL Paris on Oct. 21, 2024. [YONHAP]

Lotte chief visits India as firm pushes South Asian expansion

Lotte Chairman Shin Dong-bin is visiting India as the conglomerate increases investments in the country's massive market.

2025.2.4