Daesang Corporation

Name

Daesang Corporation

Legal name

Daesang Corporation (대상주식회사)

Website

https://daesang.com

Company type

Public

Founded year

1956

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Packaged Foods & Food Ingredients

NAICS

Fruit and Vegetable Preserving and Specialty Food Manufacturing (3114), Flavoring Syrup and Concentrate Manufacturing (31193), Sugar and Confectionery Product Manufacturing (3113)

SIC

Canned, Fruits, Veg, Preserves, Jams & Jellies (2033), Canned, Frozen & Preservd Fruit, Veg & Food Specialties (2030), Food And Kindred Products (2000)

akta.pro primary industry

Fermented & Specialty Condiments Manufacturing (Kimchi Base, Gochujang, Miso-Based Sauces) (AFAKADAO)

akta.pro secondary industry

Dips, Salsas, Relishes & Chutneys Manufacturing (AFAKADAM)

Keywords

• Fermented seasonings
• Korean packaged foods
• Amino acid ingredients
• Kimchi products
• Food ingredients manufacturing

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices23 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Marketing or Sales, Technology or R&D, Personnel

Revenue model

1. Comprehensive Food Business: Daesang generates revenue through its comprehensive food business segment, producing and selling seasonings, sauces, kimchi, fresh foods, and processed convenience foods under brands including Chungjungwon, Jongga, Miwon, and O'food. This includes fermented seasonings, traditional sauces, and ready-to-eat meal solutions targeting both domestic Korean and global markets.
2. Raw Materials/Ingredients Business: The starch, sugar, and bio materials segment produces amino acids, sweeteners, and food ingredients for industrial B2B customers. Daesang is a major global player in disodium nucleotides and amino acids, supplying to food manufacturers worldwide.
3. Southeast Asian Operations: Revenue from regional subsidiaries across Southeast Asia including Indonesia, Vietnam, Thailand, and Malaysia, generating 790 billion won in 2025. Operations include gim (seaweed) market leadership with nearly 30% market share over competitors.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Daesang Corporation is a South Korean comprehensive food manufacturer operating two divisions: a Food Business producing fermented seasonings, sauces, kimchi, processed convenience foods, and health foods under brands including Chungjungwon, Jongga, Miwon, and O'Food; and a Raw Materials/Biotech Business producing amino acids, disodium nucleotides, sweeteners, and specialty food ingredients for industrial B2B customers worldwide. The company is among the top five global manufacturers of disodium nucleotide and a leading Korean producer of fermented condiments.

Product overview

Daesang Corporation is a South Korean comprehensive food company with two main business divisions: Food Business (식품사업) and Raw Materials/Biotech Business (소재사업). The Food Business operates under a multi-brand portfolio centered on the Chungjungwon family brand, which includes sub-brands such as Chungjungwon (comprehensive family food), Jongga (kimchi specialty), and Miwon (fermented seasonings), along with specialty products like Sunchang, Hatdam, Homeings, Tasteteach, Hongcho, Curry Queen, and Anjucha. The Raw Materials Business encompasses starch/sugar and biotech operations, producing amino acids and specialty ingredients. The company also offers ingredient products including Dsavory natural seasonings and microalgae-based plant proteins for B2B customers.

Differentiator

Problem solved

Functional benefit

Brands

• Chung Jung Won (청정원): Comprehensive food family brand launched in 1996, offering food ingredients, seasonings, convenience foods, and health-oriented products. Dominant market leader in Korean food market.
• Jongga (종가)
• Miwon (미원)
• O'Food (오푸드)
• Sunchang (순창)
• Hatdam (햇살 담은)
• Homeings (호밍스)
• Tastes Teach (맛선생)
• Hongcho (홍초)
• Curry Queen (카레여왕)
• Anjuya (안주야)
• NewCare (뉴케어)
• Wellife (웰라이프)
• Mamasuka
• Lucky Foods

Quantifiable outcome

• Southeast Asian subsidiaries grew sales by 29% from 2021 to 2025, reaching 790 billion won
• +3 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered major and core.

• K-food Smart Manufacturing AlliancemajorStrategic or Co-development Partner · 11 June 2026Daesang joined the K-food Smart Manufacturing Alliance, a public-private partnership led by the Ministry of SMEs and Startups to promote AI-based smart manufacturing transformation and strengthen global competitiveness of K-food. Alliance includes 15 representative K-food corporations including CJ CheilJedang, Nongshim Taekyung, Maeil Dairies, and Paldo Co.
• AMINO GmbHcoreStrategic or Co-development Partner · 18 December 2025Daesang acquired German company AMINO GmbH, a specialist in pharmaceutical amino acids, for approximately 50.2 billion won. The acquisition includes Amino's manufacturing facilities and global client network, enabling Daesang to strengthen its presence in rapidly growing healthcare segments and enter the global pharmaceutical and biotech markets.
• Lucky Foods, LLCcoreStrategic or Co-development Partner · 19 June 2023Daesang acquired US food company Lucky Foods for 38 billion won ($29.7 million) to expand its kimchi business in the United States. The acquisition aims to double Lucky Foods' production capacity and develop new business lines.
• 대상홀딩스 (Daesang Holdings)coreStrategic or Co-development PartnerDaesang Holdings is Daesang's holding company established in 2005 for corporate governance improvement and management efficiency. It performs central role in long-term vision realization through core business focus and independent management.

Scale indicators10 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Kikkoman Corporation: World's leading soy sauce and Asian condiment manufacturer with deep fermentation expertise. Highly relevant comparable on the global premium condiment/soy sauce positioning that Daesang's Hatdam and Sunchang brands target.
• Ottogi Corporation: Korean comprehensive food manufacturer with parallel exposure to seasonings, sauces, noodles, and processed foods. Similar mid-cap profile, comparable brand portfolio depth, and overlapping retail and foodservice channels in Korea and abroad.
• Ajinomoto Co., Inc. Japanese global leader in MSG, nucleotides, and amino acids—the most direct international competitor to Daesang's B2B ingredients franchise. Its bio-pharma amino acid business models the same direction Daesang is pursuing with AMINO GmbH.
• Sempio Foods Corporation: Korean specialty fermented condiment maker (soy sauce, vinegar, soups) with comparable product mix and similar export ambitions. Closest direct peer in Daesang's fermented seasoning core.
• CJ CheilJedang Corporation: Korea's largest comprehensive food company with overlapping B2B ingredients (amino acids, nucleotides, sauces) and branded food portfolios. Co-member with Daesang in the K-food Smart Manufacturing Alliance and named alongside Daesang in the starch-sugar FTC case, making it the most directly comparable competitor across both ingredient and consumer food dimensions.
• Nongshim Co., Ltd. Korea's leading instant noodle and food company, also co-member of the K-food Smart Manufacturing Alliance with Daesang. Comparable export-driven growth model and similar exposure to global Korean food demand, particularly in the US and SEA markets.
• Kewpie Corporation: Japanese global condiment leader known for mayonnaise and dressings, with expanding presence in fermented and functional sauces. Similar profile of legacy fermented know-how transitioning into global branded condiment growth.

Emerging players

• Lee Kum Kee: Hong Kong-based global Chinese condiment leader (sauces, soy sauce, fermented pastes) with comparable global expansion trajectory and fermentation heritage. Direct competitive reference for Daesang's O'Food gochujang and fermented sauce push in Europe and the Americas.

Broad incumbents

• Maeil Dairies Co., Ltd. Korean diversified food company, co-member with Daesang in the K-food Smart Manufacturing Alliance. Overlaps Daesang in branded packaged food, fermented dairy-adjacent categories, and Korean retail distribution, though with a different category focus.
• Paldo Co., Ltd. Korean comprehensive food manufacturer also in the K-food Smart Manufacturing Alliance with Daesang. Comparable mid-cap profile with seasoning and processed food exposure, with significant food export orientation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCfv1dkNKCFUtZouvp3DhS3g
• Instagraminstagram.com/daesang_news

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries29 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Daesang Corporation