– Beginning with the development of the fermented seasoning Miwon in 1956, Daesang has driven the growth of Korea's food industry for seven decades
– Drives the global expansion of K-Food through Jongga and Ofood while strengthening its U.S. production and distribution infrastructure
SEOUL, South Korea, Oct. 28, 2026 /PRNewswire/ -- Marking its 70th anniversary this year, Daesang Corporation, a South Korean food and bio company, is reinforcing its position as a global food and ingredients company. Since developing Miwon, South Korea's first fermented seasoning, in 1956, Daesang has helped drive the development of Korea's food industry while expanding its business around two main pillars: its food business and its ingredients business, which includes biotechnology products as well as starches and sweeteners. More recently, the company has been at the forefront of bringing K-Food to consumers worldwide through its global brands Jongga and Ofood, while accelerating efforts to develop new growth drivers by leveraging its fermentation technology.
Daesang began operations in 1956 with the development of Miwon, a fermented seasoning created using proprietary technology. In 1973, Daesang entered the global market by becoming the first South Korean company to export a production plant to Indonesia. It subsequently diversified its operations into food, biotechnology, and starch and sweetener businesses. Today, with production facilities and business hubs across the United States, Europe and Asia, Daesang has grown into a global food and ingredients company.
Daesang's global food business focuses on four priority product categories: kimchi, sauces, gim (Korean seaweed), and convenience foods. Its flagship kimchi brand, Jongga, is available in around 90 countries and is leading the global expansion of kimchi. Notably, in the first three quarters of this year, Jongga accounted for approximately 56% of South Korea's total kimchi exports by value, demonstrating its competitiveness in global markets. Daesang's global food brand Ofood also offers a wide range of sauces and convenience foods, including gochujang and other traditional Korean fermented pastes, bringing Korean flavors into food cultures around the world.
The United States, in particular, is one of Daesang's key global markets. In 2022, Daesang established a kimchi production facility near Los Angeles with an annual capacity of 2,000 metric tons. The facility produces a variety of products tailored to local consumer preferences, from original kimchi to vegan kimchi, white kimchi, and cucumber kimchi. In 2023, Daesang acquired Lucky Foods, a U.S. based food company, further strengthening its local production and distribution network. Building on this foundation, Daesang is expanding its presence across major U.S. retail channels while promoting wider adoption of kimchi through collaborations with local restaurants and other initiatives.
Alongside its food business, Daesang's ingredients business, built on its fermentation technology, serves as another key driver of growth. The company supplies a broad range of ingredients used in the food and feed industries to global markets, including MSG and various amino acids. More recently, it has been expanding its allulose business to meet rising demand for low-sugar, low-calorie foods. Leveraging its proprietary high-efficiency production technology and a dedicated production facility in South Korea, Daesang launched Sweevero, its global alternative sweetener brand. The company has also recorded strong growth in the U.S. market, with North American allulose sales up 450% year on year in 2025.
Jung-bae Lim, CEO of Daesang Corporation, said, "Over the past 70 years, Daesang has grown from its Korean roots into global markets by building on its fermentation technology and capabilities in the food business. We will continue to develop innovative products that meet diverse consumer needs and expand our local production and distribution infrastructure, building Daesang into a company that delivers Korean flavors and differentiated food solutions worldwide."
About Daesang Corporation
Founded in 1956, Daesang Corporation is one of the world's largest producers of fermented food products, with decades of expertise in food manufacturing. The company has grown into a premier global enterprise through internationally recognized brands such as Jongga and Ofood, offering a broad product portfolio that includes kimchi, specialty sauces, convenient home meal replacements (HMR), and more. Headquartered in South Korea, Daesang operates manufacturing subsidiaries in the United States, Poland, China, Indonesia, and Vietnam. For more information, visit www.daesang.com/en.
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Daesang Marks 70th Anniversary, Accelerates Growth as a Global Food and Ingredients Company
In the news release, Autodesk named a Leader in the IDC MarketScape: Worldwide Construction Management Software 2026 Vendor Assessment, issued 28-Oct-2026 by Autodesk, Inc. over PR Newswire, we are advised by the company that the original version contained incorrect information introduced by PR Newswire during transmission. The complete, corrected release follows, with additional details at the end:
Autodesk named a Leader in the IDC MarketScape: Worldwide Construction Management Software 2026 Vendor Assessment
Autodesk leads the future of construction with a design-to-operate platform, embedded AI agents, and open partner ecosystem.
SAN FRANCISCO, Oct. 28, 2026 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today announced that IDC MarketScape has positioned the company in the Leaders Category of the inaugural IDC MarketScape: Worldwide Construction Management Software 2026 Vendor Assessment (September 2026, IDC #US54135526).
The assessment evaluated Autodesk's construction management capabilities and strategies. According to the IDC MarketScape, "For the purposes of this research, the IDC definition of construction management software for this report is as follows: Software platforms that manage the construction lifecycle, including the following segments: BIM integration, coordination, conditioning/preparation, preconstruction; project management; virtual design and construction (VDC) and project team collaboration."
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of technology and suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier's position within a given market. The Capabilities score measures supplier product, go-to-market and business execution in the short-term. The Strategy score measures alignment of supplier strategies with customer requirements in a 3-5 year timeframe. Supplier market share is represented by the size of the icons.
In its profile, IDC MarketScape notes Autodesk's three areas of strength:
- Deep construction industry experience combined with a design-to-operate platform that includes project and geospatial information, as well as a digital twin offering to simplify post-project handoff.
- Embedded AI agents that are targeted for certain tasks (model info, schedule, RFIs, submittals) as well as a general Autodesk Assistant for cross-domain work and model analysis.
- Partnership ecosystem model: Autodesk Platform Services (formerly called Forge) provides a set of applications, APIs, and an open approach for development of new applications. It also has multiple construction communities and partner advisory councils to drive close customer engagement. One large general contractor customer describes its long-time relationship with Autodesk as "mutually beneficial;" other customers express similar sentiments.
In its guidance to buyers, IDC MarketScape says to consider Autodesk when seeking "a single construction management platform across the project life cycle that supports BIM visualization, model coordination, preconstruction, project management, and post-project operational hand-off, as well as an extensive, strong partner ecosystem of providers and a global team that complements the suite of products."
"Construction management software is increasingly being evaluated on its ability to connect workflows, data, and project teams across the construction lifecycle," said Jeffrey Hojlo, research vice president, industrial ecosystems, engineering, & product innovation strategies, IDC. "Autodesk's positioning as a Leader reflects its broad construction management capabilities, investments in embedded AI, and established partner ecosystem. Together, these are important considerations for organizations seeking to improve collaboration and continuity throughout project delivery."
Connecting construction workflows through Autodesk Forma
Autodesk is leading the shift toward more connected, AI-powered project delivery. Autodesk Forma, the industry cloud for architecture, engineering, and construction (AEC), unites architects, engineers and builders in one connected process instead of a chain of handoffs, using AI to weigh key decisions against desired outcomes, like cost, schedule and sustainability requirements. Forma's open ecosystem includes more than 400 integrations through technology partners and Forma Construction Connect, giving construction teams the flexibility to work with the tools they already use.
The construction management strengths noted by IDC MarketScape are central to that strategy, helping Autodesk build stronger connections across the AEC project lifecycle.
"Construction is entering a new era, where information needs to move with a project and inform decisions from design through delivery," said Lalith Subramanian, vice president, product and engineering, Autodesk Construction Solutions. "I believe IDC MarketScape's recognition is significant because it highlights both the strength of our construction capabilities and our design-to-operate platform. That's the future we're building with Autodesk Forma, bringing design, engineering and construction closer together, with AI embedded in project workflows to help teams move faster, make better decisions earlier, and design and build with greater confidence."
Autodesk is continuing to expand its construction capabilities within Forma. At Autodesk University 2026, the company announced Forma Bid, now in beta, to help contractors compare bids and identify potential gaps in scope; AI-powered insights in Project Home in Forma Build that surface project issues needing attention; and the Daily Log Agent, which turns spoken jobsite updates into structured daily logs.
Additional resources
Read Autodesk's licensed IDC MarketScape excerpt to learn more about the company's recognition as a Leader.
Explore Autodesk Forma for construction to learn more about the tools and capabilities supporting project teams from preconstruction through delivery.
Read Lalith Subramanian's blog on ADSK News for more perspective on the recognition and Autodesk's continued investment in connected construction.
About Autodesk
The world's designers, engineers, builders, and creators trust Autodesk to help them design and make anything. From the buildings we live and work in, to the cars we drive and the bridges we drive over. From the products we use and rely on, to the movies and games that inspire us. Autodesk's Design and Make Platform unlocks the power of data to accelerate insights and automate processes, empowering customers with the technology to create the world around us and deliver better outcomes for their businesses and the planet. For more information, visit autodesk.com or follow @autodesk. #MakeAnything
IDC MarketScape attribution
Source: "IDC MarketScape: Worldwide Construction Management Software 2026 Vendor Assessment", September 2026, IDC #US54135526
About IDC MarketScape: IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers. IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the circles. Vendor year-over-year growth rate relative to the given market is indicated by a plus, neutral or minus next to the vendor name.
Correction: The link to Lalith Subramanian's blog on ADSK News has been updated. Additionally, the accompanying image did not reach our international partners and should be included on those versions.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
/C O R R E C T I O N - Autodesk, Inc./
