This site uses cookies to improve your experience and to provide services and advertising. By continuing to browse, you agree to the use of cookies described in our Cookies Policy. You may change your settings at any time but this may impact on the functionality of the site. To learn more see our Cookies Policy.
OK
Dublin: 10 °C Wednesday 19 June, 2019
Advertisement

Kerrygold has just expanded its sales into... South Korea

The Irish butter will be sold through a number of major Korean retailers.

Irish Butter Source: Federico Gambarini via PA Images

KERRYGOLD HAS BEEN launched in South Korea today.

Ornua, the rebranded Irish Dairy Board, made the announcement that the Irish butter will be sold through a number of major Korean retailers.

It says the move will bring a unique offering to South Korean consumers.

The announcement of Kerrygold’s entry into the South Korean market is the latest step in Ornua’s growth in Asia. In recent years, Ornua has introduced products into China, Singapore and Malaysia – all milk deficit regions.

Two years ago, Kerrygold opened a new packaging facility in Nigeria.

Welcoming today’s announcement, Minister for Agriculture Michael Creed said: “I have confidence that in the near future, South Korea will become an important market for Kerrygold butter and cheese.

“As we prepare for a post Brexit environment, it is critical that we build these new markets for premium Irish dairy products”

Pictured at the launch of Kerrygold in South Korea L-R Vincent Tong, Ornua, Minister Michael Creed, Sean Ryan, Ornua, Tara McCarthy, Bord Bia Minister Creed and members of Ornua at today's South Korean launch Source: Ornua

South Korea is the 11th largest economy in the world, with a population of over 51 million.

Kerrygold reported annual retail sales of €900 million in 2016.

Ornua CEO John Jordan said: “Today’s announcement is a key step in further diversifying our customer base, a particularly important consideration for Irish dairy farming in the current political environment.”

Read: Boris Johnson and Simon Coveney weren’t singing from the same hymn sheet in Dublin this morning

More: Warning to motorists as cars stolen after being left unattended while windows defrosted

  • Share on Facebook
  • Email this article
  •  

Read next:

COMMENTS (44)

This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
write a comment

    Leave a commentcancel