Daesang Corporation
001685.KS
Korea Exchange14,350.00
KRW
-70.00
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Daesang Corporation
001685.KS
(Korea Exchange)
Recent
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14,350.00
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yld
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ROIC.AI
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- Business
- Daesang Corporation, established in 1956 and headquartered in Seoul, South Korea, operates primarily in the food industry, producing and selling a comprehensive range of food products and ingredients domestically and internationally. The company’s main products include general food items such as traditional Korean bean pastes and seasonings, agro-fishery foods like vinegar and fish sauce, fresh foods including kimchi and tofu, western foods, deli products, frozen foods, and processed meats. Daesang also manufactures food ingredients such as starch used in food, paper, textile, and construction industries, sweeteners applied in alcohol, beverage, confectionery, and baking industries, and bio-ingredients comprising flavor enhancers, amino acids, and microalgae-based products used in food, dietary supplements, functional foods, animal nutrition, pet food, and pharmaceutical applications. Through its subsidiaries, Daesang exports bio-ingredient products under the Miwon brand to approximately 80 countries across Asia, the United States, Europe, Oceania, and Africa. In recent developments, Daesang continues to strengthen its global ingredient business by showcasing specialty high-performance ingredients at the FiE 2025 exhibition in Paris, including natural seasoning ingredients such as Dsavory, which enhances umami without meat-based components and supports sustainable product development; plant-based protein ingredients derived from microalgae; and modified starch products like EMULAID that stabilize texture and flavor in vegan applications. These innovations reflect Daesang’s strategic focus on expanding its overseas sales channels and reinforcing partnerships in the international market through proprietary fermentation technologies and ingredient expertise. The company operates two main business segments: Food and Materials, serving consumer staples and industrial sectors. Daesang is also involved in food distribution and real estate activities. It owns prominent Korean food brands including Chung Jung One, Jongga, and O’Food. Daesang has a history of strategic acquisitions and expansions such as the acquisition of Jongga House, a kimchi producer, to bolster its refrigeration and fresh food businesses. The company’s footprint spans worldwide with a substantial presence in Korea and significant exports to global markets, positioning it as a leading player in fermented foods, seasoning, and bio-ingredients industries. Daesang’s continuous innovation and global outreach efforts maintain its competitive edge in the packaged foods and food ingredient markets.