Overview
Description
Samyang Foods Co., Ltd. is a key player in the food manufacturing industry, particularly known for its instant noodle products that have gained worldwide popularity. Established in South Korea in 1961, the company holds a significant place in the global processed food market. It revolutionized the industry by introducing Korea's first instant noodles, which have since become a staple in Korean cuisine and gained a devoted following internationally. Beyond its flagship product, Samyang Foods offers a wide range of packaged foods including snacks, sauces, and other convenience foods.
Notably, Samyang Foods has expanded its influence with a variety of unique flavors, such as its famously spicy "Buldak Bokkeum Myeon" noodles, contributing to the global "spicy noodle challenge" trend. This strategic brand positioning underscores its role in shaping food culture trends across different regions. The company's robust distribution network ensures its product accessibility, spanning from domestic markets to international consumers. Samyang Foods' commitment to quality and innovation solidifies its stature and influences market dynamics within the fast-moving consumer goods sector, appealing to a diverse demographic seeking quick, flavorful meal solutions.
About
CEO
Employees
1994
Address
104, Opaesan-ro 3-gil
Hawolgok-dong Seongbuk-gu
Seoul
Hawolgok-dong Seongbuk-gu
Seoul
Phone
82 2 940 3000
Website
Instrument type
Common stock
Sector
Consumer Defensive
Industry
Packaged Foods
Country
South Korea
MIC code
XKRX