Lotte Wellfood
Lotte Wellfood, a subsidiary of LOTTE Group (Hangul: 롯데 그룹), is a prominent player in the confectionery and functional food industry. Established in 1967, Lotte Wellfood has expanded its presence to more than 70 countries, with annual sales exceeding US$ 2 billion. As part of LOTTE Group, which employs 60,000 people across diverse industries, including candy manufacturing, beverages, hotels, fast food, retail, financial services, heavy chemicals, electronics, IT, construction, publishing, and entertainment, Lotte Wellfood has played a significant role in revolutionizing the food industry in South Korea. Currently, Lotte Wellfood is the largest confectionery manufacturer in South Korea, and it aims to increase its focus on functional foods and high value-added products, such as health foods. Furthermore, the company is aggressively pursuing opportunities in Asian markets, aligning with its goal to accelerate its overseas expansion. With its track record of innovation, advanced distribution methods, and global reach, Lotte Wellfood has the potential to capitalize on emerging trends in the food industry and solidify its position as a leader in the global market.
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