Business · Companies · 4 hrs ago

Orion expands Custard production in South Korea, Vietnam and India

Orion expands Custard production in South Korea, Vietnam and India

Orion has expanded production of its Custard cakes in South Korea, Vietnam and India to meet rising demand.

The new lines raise the product’s annual production capacity to as much as 300 billion won, about twice its global sales last year.

Custard sales reached 154 billion won last year, up 14% from the previous year.

Overseas markets generated 76% of sales, with China, Vietnam and India among the main markets.

Orion says sales continued to grow at a double-digit rate through September this year.

The company is developing products to suit local tastes and plans to keep managing quality at its overseas factories.

Orion says it will use the added capacity to grow Custard into a global brand.

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Orion officialCompany representative
As we have expanded production capacity to meet rapidly rising global demand, we will develop Custard into a global brand.
via Yonhap