The 40/40 List for 2019: America’s Hottest Startup Fast Casuals

Riding the global flavors trend that has swept the U.S. the last couple of years, Bibigo offers healthy and fresh Korean bibimbap bowls. The brand - which grew out of a successful Korean packaged foods business - has expanded its model from mall locations to brick-and-mortar units and continues to innovate and grow. This year, Bibigo is enhancing its brand image with a new prototype rolling out in 2019 that includes an updated menu and improved dining experience.

South Korea’s CJ Doubles Down on US Food Market

South Korean food giant CJ CheilJedang is continuing its aggressive expansion into the U.S. market, with the recently announced acquisition of American frozen food maker Schwan's. The acquisition, the largest-ever by CJ CheilJedang, will more than quadruple the number of its food-processing factories in the U.S. to 22. By bringing Schwan's under its umbrella, CJ CheilJedang intends to tap the entire U.S. market, including smaller cities.