[ANALYSIS] Orion snacks sweep China, Russia and Vietnam
Posted : 2021-05-12 16:48
By Kim Jae-heun
The outbreak of COVID-19 has brought about an unexpected increase in sales for local food companies ― strict social distancing measures have forced people to spend more time at home and they are consuming more food while they are there.
Orion is one of the biggest beneficiaries. It is the largest food firm in terms of sales in Korea followed by Lotte Confectionery and Crown. Lotte took the No.1 spot in 2019, but thanks to the growing popularity of snack items overseas, Orion recaptured the top position in 2020.
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