Investment Problem Surround Rural Korean Food Processing
Released on = May 19, 2006, 5:19 am
Press Release Author = RNCOS
Industry = Food & Beverage
Press Release Summary = RNCOS Research: (http://www.marketsmonitor.com/category/FB17.html) With inadequate funds playing a major barrier, the food processing units in rural Korea find hard to survive.
Press Release Body = RNCOS Research: (http://www.marketsmonitor.com/category/FB17.html) Due to poor product sales and insufficient investment the South Korean food processing enterprises in rural areas find it nearly impossible to continue to stay in competition for long. Many food-processing enterprises in rural Korea aren't able to cope with the rapid changes in market just because of inadequate funds to adopt latest technology and develop new products. The food processing enterprises in the rural areas do not have enough funds to take expensive measures for sales promotion, which results in failure to achieve the sales target.
As per a recent market research report named, "Food Processing Market In South Korea (2005)" published by RNCOS, "Most enterprise function on small scale and don't have enough capability, due to inadequate investment, to develop products or technology on their own".
As per experts, "Though, lack of funds is a major problem in front of the Korean food industry, another problem is the low operating capacity of the food processing units. It's because of the facility investment being done without even studying the market conditions, which results in poor marketing and sales".
The significance of this market research report by RNCOS is that it:
· Provides detailed analysis of the different aspects of the food processing industry in Korea while providing a detailed analysis of the current market scenario, the report also predicts the future trends of the food processing industry in South Korea. · Covers statistical information and current trends of the industry. · Provides a discussion on the legal framework and regulations imposed on the food processing industry of Korea. · Lists profiles of key players in this sector. · It also discusses various strategies adopted by the key players in the food-processing sector of Korea. · Highlights the challenges faced by the food-processing sector. · Discusses the endless opportunities that exist for the investors in this sector.
About RNCOS RNCOS, formed in 2002, offers Market Research Reports via MarketsMonitor for your business needs and aims to put an end to your information pursuit. Our expertise in gathering global business information for industry research, corporate training, growth consulting, and business consulting, brings reputed companies and firms to us for business enhancement solutions. We can be your one-stop-shop for Industry research information and niche market analysis.
To purchase your copy: http://www.marketsmonitor.com/category/FB17.html For more information about the report please visit www.marketsmonitor.com
Web Site = http://www.marketsmonitor.com
Contact Details = RNCOS Shushmul Maheshwari Head of Business Development 29, 1st Floor, Patparganj Industrial area, Delhi 92 91-11-4214-1229 info@rncos.com