Korean Food Goes Global

• One of the key themes this year that has worked well has been Korean food & beverage stocks that have significantly outperformed KOSPI.

• Some of the best selling Korean foods (especially overseas) include Samyang Foods' instant noodles, CJ Seafood's seaweed products, and Wooyang's frozen gimbab.

• We prefer a basket approach to investing in Korean F&B stocks. A basket of top 10 F&B stocks in Korea has outperformed the market YTD and this outperformance could continue.

Photo by Inna Safa on Unsplash

One of the key themes this year that has worked well has been Korean food & beverage stocks that have significantly outperformed KOSPI. Korean food has been increasing in popularity globally in the past several years and this trend has accelerated in the past year.

In this insight, we discuss some of the top Korean F&B stocks that could continue to outperform the market, driven by their strong export growth. The extra alpha in the Korean F&B stocks is likely to occur among companies that display especially strong export growth.