Retail Times — UK Retail News
NFU Mutual
ADVERTISEMENT
  • HOME
  • ABOUT
    • CONTACT & Press release submit page
    • ADVERTISING
  • PRODUCTS
  • TECH
  • DATA
    • Reports
    • Research
  • RETAILER
    • Manufacturer
    • Wholesaler
  • PEOPLE
  • SUSTAINABILITY
    • Fairtrade
    • Packaging
  • SERVICES
    • Events
    • Awards
    • Logistics
  • COMMENT
    • In My Opinion
    • Featured Article
    • Why It Works
  • RETAIL CATEGORIES
No Result
View All Result
Retail Times — UK Retail News
No Result
View All Result
  • HOME
  • ABOUT
    • CONTACT & Press release submit page
    • ADVERTISING
  • PRODUCTS
  • TECH
  • DATA
    • Reports
    • Research
  • RETAILER
    • Manufacturer
    • Wholesaler
  • PEOPLE
  • SUSTAINABILITY
    • Fairtrade
    • Packaging
  • SERVICES
    • Events
    • Awards
    • Logistics
  • COMMENT
    • In My Opinion
    • Featured Article
    • Why It Works
  • RETAIL CATEGORIES
Retail Times — UK Retail News
No Result
View All Result
Home Retail News Retailer News

As Squid Game returns to our screens, Just Eat reveals ‘K-Wave’ powers £3.5 billion boost to UK economy

by Fiona Briggs
December 27, 2024
in Retailer News
Reading Time: 3 mins read

With the return of the iconic TV show, Squid Game Season 2 on Boxing Day, Just Eat and Netflix’s new partnership brings fans a bespoke Squid Game experience right to their front door. Customers can enjoy a Squid Game-inspired menu of “reimagined Korean classics which are available from 130 restaurant partners across the UK.

This comes as new research from Just Eat, the UK’s leading on demand delivery network, reveals the nation is riding a ‘K-Wave’ boom for Korean food and products worth a staggering £3.5 billion. Of this spending, beauty and fashion accounts for 42%, with food accounting for the remaining 58%, according to consultancy Development Economics.

Korean culture reaches every corner of the UK

The spending boom comes as powerhouses like the zombie-fuelled teen series, All of Us Are Dead, and K-Pop bands, such as BTS and Blackpink, capture the cultural zeitgeist in the UK. According to Just Eat’s survey of 2,000 people by OnePoll, nearly half of Brits (47%) are seeking Korean goods, with one in five saying they now eat East Asian food at least once a month. Consumers say they’ve been influenced by:

  1. Entertainment icons: 53% have been motivated by Korean music and TV
  2. Social media trends: 35% are inspired by trending food and beauty products
  3. Health benefits: 30% are drawn to the cuisine’s wellness appeal

Upcoming pop culture moments are expected to further fuel the ‘K-Wave’, from the return of Squid Game to Netflix – the first series of which was watched by over 142 million households – to the forthcoming solo album from former Blackpink star, Lisa.

Food fuels the ‘K-Wave’

For much of the UK, the ‘K-Wave’ also represents an untapped market, with 47% expressing a desire for more Korean food options in their local area and 46% interested in learning more about the culture.

There’s even a burgeoning market with the Boomer generation, with one in five of those aged 65 years and above having spent money on East Asian inspired food and ingredients.

London leads regional interest, with residents spending an estimated £1.18 billion on Korean products annually—nearly 34% of the national total. Northern Ireland and Scotland follow closely behind the capital, reflecting a UK-wide trend of spending power for exports from the peninsular region.

For restaurants and other food outlets, there’s plenty of room to innovate. Korean staples like kimchi and fried chicken, recognised by 41% and 32% of Brits respectively, are already well-established, but other traditional dishes – such as bibimbap (14%), bulgogi (10%), and japchae (8%), remain virtually unknown.

Driving growth for UK businesses

Just Eat believes small restaurants and retailers can tap into trends like the K-wave by creating culturally relevant dishes, and promoting them on social media platforms, which over time could make Korean cuisine as mainstream and accessible as Chinese or Italian food.

Many of Just Eat’s 88,000 partners nationwide are already rising to the challenge. With almost 500 orders placed every minute last year across the UK and Ireland on Just Eat, many independent high street businesses are helping customers discover a love for East Asian food and products.

Kokodoo, a Korean Fried Chicken chain, says the popularity of the culture has helped business to boom, opening new branches despite the challenging economic environment.

One franchise owner, Nuruallah Nasim, said: “We’ve seen a 300% increase in sales at Kokadoo Camberwell since opening, and this buzz around Korean culture has definitely helped to fuel our growth.”

Longdan, a chain of Asian supermarkets, has also seen a huge rise in appetite for Korean ingredients. Pema Penjor, Marketing Lead at Longdan, said: “From trending TikTok favourites like the Samyang Carbonara noodles, to staple items like kimchi and tteobokki, demand for Korean products has tripled in the last year.

“Whether it’s viral hits like APT by Rose and Bruno Mars, or K-idol groups like New Jeans and Stray Kids, everything Korean is in demand.”

Leigh Phillipson, UK sales director, Just Eat, said: “Cultural trends increasingly influence everything from what we eat to how we take care of ourselves, and the K-wave is testament to this – orders of Korean food on Just Eat have grown 23% in the last year alone.

“With rapid delivery becoming part of our daily lives, it’s easier than ever to bring a diverse range of quality food from your screen to your door, all in a matter of minutes – and we’re proud to work with high street businesses to help our millions of consumers discover food they love.”

Share This Article

Similar Retail News Articles:

  1. Britain’s independent takeaways serve up £28 billion boost as platform hits 2 billion orders
  2. Doritos Flamin’ Hot partners with Squid Game 3 to launch “Flamin’ Hot or Not?”
  3. Co-op backs Britain with £1 billion boost following Autumn Budget
Tags: Just Eat
ADVERTISEMENT

Related Posts

Honest Burgers

Honest Burgers to return to Deliveroo

August 18, 2026

Big news for burger fans across the UK,  Honest Burgers is returning to Deliveroo. The...

Just Eat announces Laundryheap as first services partner

August 18, 2026

Just Eat is today announcing an exclusive partnership with the world's leading on-demand laundry and...

Boux Avenue

Boux Avenue continues investment in store estate with Guildford and Belfast store upgrades

August 17, 2026

Following a programme of new store openings and refurbishments throughout 2025 and 2026, Boux Avenue,...

First Table

Global dining platform expands into Sheffield as UK footprint reaches 22 cities

August 17, 2026

International dining platform First Table has officially launched in Sheffield, giving diners a new way to discover...

Retailers are losing order confirmations to email rules they never read

Retailers are losing order confirmations to email rules they never read

August 17, 2026

A retailer can spend heavily on peak trading and still lose the customer at the...

CHOPSTIX to launch in Gateshead with huge opening event and 99p noodles

August 14, 2026

CHOPSTIX, the UK’s favourite noodle bar, has announced it will be opening in Trinity Square,...

Load More

Popular Posts

  • KitKat®KitKat® doubles down on Sharing Bars with two exciting new flavours (51)
  • Redevco’s Poole Retail ParkNew M&S Food opens at Redevco’s Poole Retail Park (98)
  • Ritter Sport and HARIBORitter Sport and HARIBO launch their first-ever UK collaboration (432)
  • SuperdrugK-beauty, minus the PhD: Superdrug expands its Korean skincare edit (13)
  • MyproteinMyprotein launches TWIX® Impact Whey Protein (17)
  • KFC and La Vieille FermeKFC and La Vieille Ferme make it official (69)

FEATURED ARTICLES

The invisible shelf: why retailers and consumer packaged goods brands need to win the algorithm to win the customer

The invisible shelf: why retailers and consumer packaged goods brands need to win the algorithm to win the customer

August 12, 2026
Securing The Future of Retail

Securing the future of retail through seamless omnichannel integration

March 23, 2026
appealing to the new emotional economics of festive shopping

Smug-face and FOMO: appealing to the new emotional economics of festive shopping

October 27, 2025
nfu mutual nfu mutual
ADVERTISEMENT
ADVERTISEMENT

Find the Story You Need

No Result
View All Result
  • Home Page
  • Editorial – Contact
  • Advertising
  • Copyright
  • Privacy & Cookie Policy
  • Retailer News
  • Products
  • Data
  • Technology
  • Events
  • People
  • Comment
  • Sustainability
  • Awards
  • Research
No Result
View All Result
  • HOME
  • Featured Articles
  • Retail News Categories
  • About us
  • Advertising
  • Contact / Press release submit page
  • Privacy policy