Quicker, Fresher, Tastier! The Rapid Growth of HMR Market! Wait, How About Packaging Waste?
Do you remember when fresh-cut fruits and vegetables were first introduced? These products were considered as representatives that show the values that young generation prioritize the most, efficiency and convenience. Well, now customers go to a mart to purchase cuisine instead of choosing every ingredient. If you can’t find a time to go shopping, a few clicks will deliver delicious HMR foods right to your front door in the early next morning. What is HMR? Korea Agro-Fisheries& Food Trade Corporation, hereinafter aT, defined HMR (Home Meal Replacement) as ready-made products that can be served as a decent meal with simple steps of cooking. Depending on the necessity of cooking or heating, products are usually categorized into 3 groups, RTE, RTH, and RTC. Soaring HMR Market According to aT’s ‘Report on Segment of Processed Food’, the domestic HMR market size was reported to be 3.4 billion dollars in 2019. It is expected to continuously growing to over 4.1 billion dollars b...