Daesang Participates in IFT 2025, the World's Largest Food Technology Expo, Demonstrating Global Ingredient Competitiveness
– Highlights 69 years of Expertise Driving Innovation in Specialty Ingredients, from Alternative Sweeteners to Natural Seasonings
SEOUL, South Korea, July 18, 2025 /PRNewswire/ — Daesang announced on July 17 that it successfully showcased its lineup of specialty food ingredients at the world's largest food technology exhibition, the IFT 2025 (IFT Food Expo 2025), held from July 14 to 16 in Chicago, USA. The company demonstrated its global competitiveness in the food ingredient market through a diverse offering of innovative products.
The IFT Food Expo is a large-scale annual exhibition hosted by the Institute of Food Technologists (IFT), bringing together experts and companies from the global food technology sector. This year's event took place at McCormick Place in Chicago, IL, attracting over 1,200 companies and more than 20,000 buyers from around 90 countries. Following its participation last year, Daesang once again showcased its portfolio of high-functionality specialty ingredients and its 69 years of accumulated technological expertise, further reinforcing its presence in the global ingredient market. The company received enthusiastic responses from visitors through live demonstrations that highlighted its unique umami and low-sodium solutions.
One of the highlights was the introduction of Allulose, a next-generation sweetener under Sweevero, Daesang's integrated alternative sweetener brand launched last year. Allulose is a rare sugar naturally found in small quantities in fruits like figs and raisins. It offers a sweetness similar to that of sugar but is largely unmetabolized by the body, resulting in near-zero calories. Amid growing consumer interest in healthier diets, demand for low-sugar and low-calorie products is on the rise, positioning allulose as a key future ingredient. In 2023, Daesang established a dedicated allulose production facility in Gunsan, North Jeolla Province, and has since been expanding its low-sugar and low-calorie product range. The company is also preparing to enter markets in the United States, Europe, Japan, and Southeast Asia.
Daesang also introduced a variety of natural seasoning ingredients. Its NAMINO® series is a next-generation natural flavor enhancer that aligns with global food trends such as clean label and vegan. NAMINO® adds a deep umami taste while reducing sodium intake by up to 30%. The lineup includes NAMINO UH (Upfront Umami High), which delivers an immediate depth of flavor, and NAMINO LH (Lingering Umami High), which provides a clean and lasting finish. Also featured was Dsavory, a natural flavoring ingredient that imparts meaty and roasted aromas. These ingredients, categorized as natural flavors that can replace conventional seasonings, meet the FEMA-GRAS (Food Extract Manufacturers Association – Generally Recognized as Safe) standards, which are widely accepted by the U.S. Food and Drug Administration (FDA), ensuring both safety and consumer trust.
Another standout product was EMULAID, a plant-based emulsion stabilizer. EMULAID ensures the uniform and stable mixing of otherwise immiscible substances like oil and water. It can replace animal-based emulsifiers such as egg whites and casein, making it ideal for vegan and allergen-free product development, while also reducing production costs. Additionally, EMULAID offers effective protection for active ingredients such as flavors, omega-3s, and vitamins, helping to extend shelf life and enhance product value. The stabilizer is suitable for a wide range of applications including coffee creamers, dressings, plant-based beverages, and pastry creams. A key strength of EMULAID is the availability of tailored solutions depending on the specific application.
Hyo-hoon Lee, Head of Ingredient Marketing at Daesang, stated, 'IFT 2025 provided a valuable opportunity to showcase Daesang's high-functionality specialty ingredients to experts from the global food industry and engage directly with international buyers.' He added, 'Building on our 69-year heritage of ingredient technology, we will continue to pursue continuous innovation and development to deliver optimal solutions that respond to evolving global trends, further strengthening our competitiveness on the international stage.'
About Daesang Corporation
Founded in 1956, Daesang Corporation has been one of the world's largest producers of fermented food products for over 60 years, and has grown to be the global leading Korean based food company by operating global brands such as Jongga, and O'Food which provides sauce, ready-to-eat meals, and many more products. Headquartered in South Korea, the company has also manufacturing subsidiaries in United States, Poland, China, Indonesia, and Vietnam. Visit www.daesang.com/en for more information.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Malaysian Reserve
15 minutes ago
- Malaysian Reserve
HVAC Insulation Market worth $9.10 Billion by 2030- Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., July 21, 2025 /PRNewswire/ — The report 'HVAC Insulation Market by Product Type (Pipes, Ducts), Material Type (Mineral Wool [Glass Wool, Stone Wool]), Plastic Foam (Phenolic, Elastomeric Foam), End-use Industry (Commercial, Residential, Industrial), and Region – Global Forecast to 2030″, HVAC insulation market is projected to reach USD 9.10 billion by 2030 from USD 7.06 billion in 2025, at a CAGR of 5.2% during the forecast period. The HVAC insulation market is experiencing steady growth globally, driven by increasing demand for energy-efficient building solutions, stricter environmental regulations, and the push toward sustainable urban development. HVAC insulation, which involves insulating ducts, pipes, and equipment, plays a vital role in minimizing energy loss, enhancing system performance, improving indoor air quality, and reducing operational costs. Its importance is growing as governments and industries prioritize carbon footprint reduction and cost-effective energy management in buildings. Browse in-depth TOC on 'HVAC Insulation Market' 231 – Tables50 – Figures209 – Pages Download PDF Brochure: Several regions are playing a key role in driving the HVAC insulation market. North America, particularly the US and Canada, leads with strong building codes, widespread adoption of green building certifications like LEED, and high retrofitting activity. Europe follows closely, with countries like Germany, the UK, and France focusing on energy transition policies and stringent efficiency standards. In the Asia Pacific region, rapid urbanization, infrastructure expansion, and industrial growth are major factors. Countries like China, India, Japan, and South Korea are witnessing rising construction activity and government initiatives promoting energy-efficient technologies. The Middle East is also emerging, especially the UAE and Saudi Arabia, where large-scale commercial developments and climate-driven demand for efficient HVAC systems are boosting the use of insulation. Overall, the global HVAC insulation market is being shaped by a combination of regulatory frameworks, climate concerns, and growing awareness of energy savings and environmental impact. Duct segment is expected to accounts for the largest market share in the HVAC insulation market during the forecast period The duct segment is a significant product type within the HVAC insulation market, accounting for a substantial share due to its critical role in maintaining energy efficiency and indoor air quality. Duct insulation involves applying insulation materials to air ducts that distribute conditioned air throughout buildings, helping to prevent thermal loss or gain, reduce energy consumption, and minimize noise. This segment is particularly vital in large commercial buildings, industrial facilities, and multi-residential complexes where extensive ductwork is used. The demand for duct insulation is growing as building owners and developers seek to comply with stringent energy codes and reduce operating costs. Materials such as fiberglass, foam, and mineral wool are commonly used, offering benefits like thermal resistance, moisture control, and sound dampening. Increasing adoption of green building practices and the need for sustainable HVAC systems further drive this segment. Moreover, regions with extreme climates, such as North America, the Middle East, and parts of Asia Pacific, are experiencing heightened demand for duct insulation to maintain indoor comfort efficiently. As a result, the duct segment continues to expand, supported by innovation in insulation materials and increased awareness of energy-saving technologies in HVAC systems. Request Sample Pages: The commercial segment is expected to hold the largest share in the HVAC insulation market during the forecast period The commercial segment continues to gain momentum as urban centers expand and the demand for high-performance building systems increases. In modern commercial facilities, HVAC systems are among the largest energy consumers, making effective insulation a crucial strategy for reducing energy usage and operational costs. With the global shift toward net-zero buildings and carbon-neutral operations, HVAC insulation has become a foundational component in sustainable design strategies. Advanced insulation materials not only contribute to thermal regulation but also aid in sound attenuation, which is vital for environments, such as hospitals, hotels, and corporate offices where noise control is important. Moreover, the rise of smart buildings and integration of building automation systems are emphasizing the need for consistent and efficient HVAC performance, which can be significantly enhanced through proper insulation. The commercial sector is also seeing a surge in retrofitting projects aimed at upgrading older infrastructure to meet modern efficiency standards—this trend is particularly strong in North America and Europe, where many commercial buildings are aging. In the Asia Pacific, rapid economic development and large-scale commercial construction in countries like China, India, and Southeast Asian nations are fueling significant demand. Overall, the commercial end-use segment plays a critical and growing role in the HVAC insulation market, supported by both regulatory pressures and the economic benefits of energy-efficient building solutions. Asia Pacific to be the largest market during the forecast period The Asia Pacific HVAC insulation market is experiencing rapid growth, making it the fastest-growing region globally. This expansion is primarily driven by increasing urbanization, industrial development, and large-scale construction projects in countries like China, India, Japan, South Korea, and parts of Southeast Asia. As cities expand and infrastructure demands rise, the need for energy-efficient HVAC systems becomes critical, thereby boosting the demand for effective insulation. Governments across the region are implementing stricter energy-efficiency regulations and promoting green building initiatives, such as India's Smart Cities Mission and China's sustainable urban development plans, which are significantly accelerating market growth. Rising awareness about environmental sustainability and the economic benefits of energy savings is also pushing both residential and commercial sectors to invest in advanced insulation materials. China dominates the regional market due to its vast construction activities and supportive government policies, while India follows closely, driven by housing and urban infrastructure initiatives. Countries like Japan, South Korea, and Australia are contributing through strong adoption of green building standards and technological innovations. Overall, the Asia Pacific region is becoming a major force in the HVAC insulation industry, supported by favorable policies, rising energy costs, and a growing emphasis on sustainable construction practices. Request Customization: Key players The HVAC insulation market report comprises key manufacturers such as Owens Corning Corporation (US), Saint-Gobain SA (France), Knauf Group (US), Kingspan Group PLC (Ireland), Rockwool Group (Denmark), Armacell International SA (Germany), Johns Manville (US), Ursa Insulation S.A. (Spain), Huntsman Corporation (US), Covestro (Germany), L'ISOLANTE K-FLEX SPA (Italy), Union Foam SPA (Italy), Arabian Fiberglass Insulation Company Ltd. (Saudi Arabia), Glassrock Insulation Company (Egypt), and Visionary Industrial Insulation (US), among others. Get access to the latest updates on HVAC Insulation Companies and HVAC Insulation Market Size Browse Adjacent Market: Foam and Insulation Market Research Reports & Consulting Related Reports: Building Thermal Insulation Market – Global Forecast to 2028 High Temperature Insulation Materials Market – Global Forecast to 2024 SiC Wafer Polishing Market – Global Forecast 2028 Acrylic Emulsion Market – Global Forecast 2028 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter , LinkedIn and Facebook . Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC.1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Website: Logo: View original content:
Malaysian Reserve
15 minutes ago
- Malaysian Reserve
Protalix BioTherapeutics Appoints Gilad Mamlok as its New Senior Vice President and Chief Financial Officer
CARMIEL, Israel, July 21, 2025 /PRNewswire/ — Protalix BioTherapeutics, Inc. (NYSE American: PLX), a biopharmaceutical company focused on the development, production and commercialization of recombinant therapeutic proteins produced by its proprietary ProCellEx® plant cell-based protein expression system, today announced the appointment of Gilad Mamlok to serve as the Company's new Senior Vice President and Chief Financial Officer, effective August 24, 2025, succeeding Eyal Rubin. To ensure a seamless transition, Mr. Mamlok has joined the company and is working alongside Mr. Rubin. After his tenure as Chief Financial Officer ends, Mr. Rubin will continue to be available to the Company as necessary until October 2025. 'With his three decades of experience in healthcare and technology companies, Gilad will play a pivotal role in the execution of our growth strategy, and I am delighted to welcome him to the Protalix team,' said Dror Bashan, Protalix's President and Chief Executive Officer. 'I also want to thank Mr. Rubin, both personally and on behalf of Protalix and its Board of Directors, for his unwavering dedication and leadership. Over the last six years, Eyal and I have worked in a close, collaborative manner in the management of the Company. He contributed significantly to Protalix's transformation, strengthening the Company's capital and financial status and preparing the Company for growth. We wish Eyal success in his future endeavors.' Mr. Mamlok is a seasoned financial executive with three decades of experience in healthcare and technology companies. He has an extensive background in capital markets transactions, mergers and acquisitions, business development and investor relations as well as in corporate governance matters. Most recently, he served as the Chief Financial Officer of TytoCare Ltd., a privately-held company in the remote healthcare space. Prior to his role at TytoCare, Mr. Mamlok served as the Chief Financial Officer of Sol-Gel Technologies Ltd. In this role, he was responsible for an initial public offering and other capital markets transactions, as well as in-licensing and out-licensing transactions. Prior to his role at Sol-Gel, he served in other medical device companies, including Given Imaging which was acquired by Covidien plc in 2014. Mr. Mamlok holds a BA in Economics, magna cum laude, and a Master's degree in Business/Managerial Economics, both from the Tel Aviv University. About Protalix BioTherapeutics, is a biopharmaceutical company focused on the development and commercialization of recombinant therapeutic proteins expressed through its proprietary plant cell-based expression system, ProCellEx. It is the first company to gain U.S. Food and Drug Administration (FDA) approval of a protein produced through plant cell-based in suspension expression system. This unique expression system represents a new method for developing recombinant proteins in an industrial-scale manner. Protalix has licensed to Pfizer Inc. the worldwide development and commercialization rights to taliglucerase alfa for the treatment of Gaucher disease, Protalix's first product manufactured through ProCellEx, excluding in Brazil, where Protalix retains full rights. Protalix's second product, Elfabrio®, was approved by both the FDA and the European Medicines Agency in May 2023. Protalix has partnered with Chiesi Farmaceutici S.p.A. for the global development and commercialization of Elfabrio. Protalix's development pipeline consists of proprietary versions of recombinant therapeutic proteins that target established pharmaceutical markets, including the following product candidates: PRX–115, a plant cell-expressed recombinant PEGylated uricase for the treatment of uncontrolled gout; PRX–119, a plant cell-expressed long action DNase I for the treatment of NETs–related diseases; and others. Forward-Looking StatementsTo the extent that statements in this press release are not strictly historical, all such statements are forward-looking, and are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. The terms 'expect,' 'anticipate,' 'believe,' 'estimate,' 'project,' 'plan,' 'should' and 'intend' and other words or phrases of similar import are intended to identify forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual future experience and results to differ materially from the statements made. The statements in this press release are valid only as of the date hereof and we disclaim any obligation to update this information, except as may be required by law. Investor ContactMike Moyer, Managing DirectorLifeSci Advisors+1-617-308-4306mmoyer@ Logo –
Malaysian Reserve
an hour ago
- Malaysian Reserve
Cocoa and Chocolate Market worth $28.24 billion by 2030- Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., July 21, 2025 /PRNewswire/ — According to MarketsandMarkets™, The cocoa and chocolate market is projected to grow from USD 23.69 billion in 2025 to USD 28.24 billion by 2030, at a CAGR of 3.6% from 2025 to 2030. The cocoa and chocolate market encompasses a variety of products, including confectionery items, bakery fillings, spreads, and flavored beverages. This market is experiencing growth as more consumers prioritize indulgent foods that also offer functional benefits. Contributing factors to this growth include rising disposable incomes, the introduction of premium products, and innovative offerings such as sugar-free and plant-based chocolate options. Additionally, product accessibility is improving due to the increasing prevalence of commercial options and digital-first retail strategies. Leading brands are investing in sustainable sourcing, traceability, and ethical certifications to align with consumers' expectations and comply with legislative standards, thereby gaining a competitive advantage. Browse in-depth TOC on 'Cocoa and Chocolate Market' 250– Tables 40– Figures 300– Pages Download PDF Brochure: By cocoa type, cocoa powder segment accounts for largest market share The cocoa powder segment holds a dominant position in the cocoa and chocolate industry due to its wide applicability and relatively low cost, with further support coming from its long shelf life. The powder is a necessary component in various sectors, including bakery, confectionery, dairy, beverage, and nutraceuticals. It also caters to increasing health-conscious consumer demands, especially in the low-calorie and functional food categories, having the advantages of an intense flavor and low-fat content. Its dry and stable nature makes storage, shipping, and incorporation into industrial processes quite easy, thus favoring it as the cocoa form for mass production. The demand for high-quality cocoa powder is rising, driven by the popularity of ready-to-drink cocoa beverages and nutrition-focused protein products. In February 2024, Barry Callebaut introduced a line of defatted cocoa powders under its Bensdorp brand, specifically designed for health and wellness applications. These powders aim to meet the growing need for low-fat, high-flavor cocoa options in sports nutrition and functional foods. At the same time, food companies are incorporating cocoa powder into plant-based and clean-label formulations to align with shifting consumer preferences. Emerging markets in the Asia-Pacific and Latin America are experiencing significant growth due to an expanding middle-class population and increasing interest in chocolate-flavored products. As a result, cocoa powder is expected to remain a dominant category within the cocoa market during the forecast period. By distribution channel, offline segment accounts for largest market share Offline modes of distribution account for the major chunk of the cocoa and chocolate market. Supermarkets, hypermarkets, convenience stores, and specialty retail channels are primary distribution outlets for chocolate products. These channels often attract direct consumer patronage due to their wide reach, immediate product availability, and the tendency for consumers to want to inspect products physically before purchasing, particularly for premium chocolates or seasonal gifts. In retail settings, in-store promotions, festive displays, and product sampling significantly encourage impulse buying. Additionally, brands often partner with large retail chains strategically to ensure maximum visibility for their products on store shelves, which positively affects consumer recall and brand awareness. In contrast, in countries like the U.S., Germany, and Japan, where organized retailing is more developed, offline sales are well-supported. Post-pandemic, there has been a notable increase in online shopping; however, structural challenges still heavily influence the retail landscape. Offline sales continue to dominate in terms of volume, as traditional buying behaviors and the perishable nature of chocolate complicate acceptance during transit in many regions. While online sales are on the rise, offline formats will likely remain dominant due to the experiential nature of shopping and the effective introduction of new products and promotional bundles in physical stores. Request Sample Pages: By region, Asia Pacific to register highest CAGR during forecast period The Asia Pacific region is estimated to be the fastest-growing market for cocoa and chocolate during the forecast period. This rapid development is driven by several factors, including rising disposable incomes, shifting dietary preferences, and urbanization in emerging economies such as India, China, Indonesia, and Vietnam. The expanding middle-class population in these countries is increasingly interested in premium and indulgent chocolate products, particularly among the youth who are eager for new flavors and innovative packaging. Additionally, gifting chocolates during festivals and weddings has become a popular consumption trend across the region, reminiscent of Western cultural practices. Modern retail formats are rapidly expanding, and e-commerce is experiencing significant growth, ensuring better accessibility to products. Global companies are investing heavily in local marketing and developing regional product variations to cater to diverse consumer preferences. There is also a growing demand in the regional chocolate industry for clean-label, sugar-free, and fortified products due to increasing health concerns. In June 2024, Hershey established additional manufacturing capacity in Malaysia, along with a research and development innovation hub, to create tailored products for the Asian market. Moreover, governments in the region are supporting the development of food processing infrastructure, which improves supply chain efficiency. Overall, these factors are driving market growth in the Asia Pacific region, making it a key landscape for new investments and innovations in the cocoa and chocolate industry. The report profiles key players such as Cargill (US), Barry Callebaut (Switzerland), Olam Group (Singapore), Mars, Incorporated (US), Ferrero Group (Italy), Mondelez International (US), Guan Chong Berhad (Malaysia), Lindt & Sprüngli (Switzerland), and Fuji Oil (Japan). Get 10% Free Customization on this Report: Browse Adjacent Reports @ Food and Beverage Market Research Reports & Consulting Related Reports: Frozen Bakery Products Market by Type (Bread, Pizza Crusts, Cakes & Pastries), Distribution Channel (Conventional Stores, Specialty Stores), and Form of Consumption (Ready-to-Proof, Ready-to-Bake, Ready-to-Eat) – Global Forecast to 2026 Nut Products Market by Product Type (Nut Butter, Nut Paste/Marzipan Paste/Persipan Paste, Nut Fillings with Cocoa, Nut Fillings without Cocoa, Caramelized Nuts, and Nut Flour), Nut Type, Application, Quality, Category and Region – Global Forecast to 2027 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter , LinkedIn and Facebook . Contact:Mr. Rohan SalgarkarMarketsandMarkets Inc. 1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Insight: Our Website: Source: Logo: View original content:
