OKF

What OKF does

OKF Corporation is a privately-held South Korean multi-beverage manufacturer founded in 1997 and headquartered in Seoul, with primary production at a 132,000 m² multi-factory in Andong, Gyeongsangbuk-do. The company designs, produces, and exports approximately 2,150 beverage SKUs—including aloe drinks, organic aloe, coconut water, rice-based beverages, sparkling water, smoothies, yogurt drinks, and functional/collagen beverages—to roughly 180 countries. Its flagship "Aloe Vera King," the world's first aloe vera beverage (launched 1997), holds a stated 76% share of the global aloe beverage market. The Andong facility operates 16 production lines with a stated annual capacity of 3 billion bottles, supported by 9 warehouses and an R&D Center completed in 2022.

The company monetizes through a multi-model B2B framework: original equipment manufacturing (OEM), original design manufacturing (ODM), private brand (PB), and national brand (NB) production, with quote-based, multi-year contracts serving global beverage brand owners (Coca-Cola, Nestle, Amway, Dole) and direct sales to global mass retailers (Costco, Walmart, Carrefour). Go-to-market is enterprise field-sales driven—80+ international trade exhibitions annually, direct buyer relationships, and a network of international distributors across 180 countries—supplemented since 2021 by a domestic consumer push via the OKF Online Official Mall, Kakao and Naver Smart Stores, and a 2024 nationwide Korean TV campaign featuring actor Eun-bin Park.

The business is independently owned with no disclosed institutional investors or parent company. Leadership is shared between co-CEOs Lee Yeon Han and Lee Sang Sin, and operating subsidiaries include OKF Beverage Co., Ltd. (manufacturing) and OKF Co., Ltd. (distribution). The company has accumulated an unusually broad certification stack (FDA, ISO 9001/14001/22000, FSSC 22000, BRC, USDA/EU Organic, HALAL, Kosher, GOST, Vegan, Non-GMO, Gluten-free) and 47 Monde Selection awards, supporting export-grade distribution. The most recent disclosed revenue proxy is $200 million in overseas exports for 2015 (220 billion KRW), qualifying for Korea's Export Tower award.

Name

OKF

Legal name

OKF CORPORATION

Website

https://okf.kr

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

1–10 employees

Short description

OKF Corporation is a privately-held South Korean multi-beverage manufacturer producing approximately 2,150 SKUs—anchored by its flagship Aloe Vera King—exporting to 180 countries and serving global retailers (Costco, Walmart, Carrefour) and OEM/ODM brand partners (Coca-Cola, Nestle, Amway, Dole).

Ownership category

akta.pro rank

Product category

Non-Alcoholic Beverage Manufacturing

NAICS

Beverage Manufacturing (3121), Soft Drink Manufacturing (312111), Soft Drink and Ice Manufacturing (31211), Bottled Water Manufacturing (312112)

SIC

Beverages (2080), Bottled & Canned Soft Drinks & Carbonated Waters (2086)

akta.pro primary industry

Private Label Beverage Manufacturing (Retail/Brand-Owned Formulations) (AFAFAIAL)

akta.pro secondary industries

Plant-Based & Dairy Alternative Beverages (Oat, Almond, Soy, etc.) (CRADAHAM), Organic & Natural Beverage Wholesale (AFAIAJAE), Beverage Import/Export & Cross-Border Wholesale (AFAIAGAL)

Keywords

• Beverage manufacturing
• OEM ODM services
• Private label beverages
• Aloe vera drinks
• Functional beverage export

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Beverage Manufacturing and Export: OKF manufactures beverages and exports to 180 countries. The company operates on OEM, ODM, PB (Private Brand), and NB (National Brand) models for global partners. Revenue comes from direct product sales to global mass retailers and through distribution networks.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

OKF Corporation manufactures and exports approximately 2,150 types of non-alcoholic beverages — centered on its flagship Aloe Vera King aloe vera drink — from its 132,200 sqm Andong multi-beverage factory in South Korea to 180 countries. It supplies these products through four manufacturing models (OEM, ODM, Private Brand, and National Brand) to global mass retailers (Costco, Walmart, Carrefour) and global beverage brands (Coca-Cola, Nestle, Amway, Dole), with a smaller direct-to-consumer presence through its domestic Korean online mall.

Product overview

OKF Corporation is a multi-beverage manufacturing company producing approximately 2,150 types of beverages exported to 180 countries. The portfolio centers on the flagship Aloe Vera King (world's first aloe vera drink with 76% global market share), supplemented by organic aloe drinks, coconut beverages, watermelon drinks, sparkling waters, rice-based drinks, smoothies, yogurt drinks, functional beverages, and fruit-flavored drinks. The company operates as an OEM/ODM/PB/NB manufacturer serving global retailers including Costco, Walmart, and Carrefour.

Differentiator

Problem solved

Functional benefit

Products and services

• Aloe Vera King OKF's flagship aloe vera beverage, the world's first aloe drink (launched 1997), commanding 76% of the global aloe beverage market and distributed in 180 countries; aimed at global retailers and end consumers of premium health beverages.
• Organic Aloe Drink World's first organic aloe vera beverage developed by OKF in 2003, the first product in Korea to obtain both USDA and EU Organic Certification; targeted at health-conscious consumers and retailers needing certified organic aloe SKUs.
• Coconut Jelly Drink World's first coconut jelly beverage developed by OKF in 2003, an innovative coconut-based drink with jelly inclusions for global retail and OEM customers.
• Aloe Yogos King Aloe yogurt drink SKU combining aloe vera with yogurt; awarded Monde Selection Bronze in 2015 and sold to global retail and OEM customers.
• Watermelon Drink Watermelon-flavored beverage that won the U.S. Convenience Store Best New Product Award in 2020; targeted at U.S. and global convenience retail channels.
• Honey Mango Drink Premium honey mango fruit beverage awarded the Monde Selection Grand Gold in 2023; sold to global retailers and offered under OKF's premium health beverage line.
• Sparkling Water (Haka & Kings) Haka and Kings branded sparkling water line with multiple awarded variants; sold to global retailers and offered as an OEM/private label sparkling water platform.
• Rice-Based Beverages (Rice Oats, Rice Meal, Rice Milk) Rice-based beverage line including Rice Oats, Rice Meal, and Rice Milk variants; multiple Monde Selection Gold and iTQi recognized; aimed at health-conscious consumers and global retail/OEM customers seeking plant-based drinks.
• Smoothies OKF's smoothie product line recognized with the 2018 Monde Selection Gold Award and the 2014 iTQi Award; sold to global retailers as part of the premium health beverage portfolio.
• Yogurt Sparkling Sparkling yogurt beverage combining probiotic yogurt benefits with carbonation; aimed at consumers seeking functional, gut-health-positioned drinks.
• Amino Fiber Functional beverage containing amino acids and dietary fiber; awarded Monde Selection Gold in 2022; positioned in the functional wellness beverage category.
• Brown Sugar Café Latte Ready-to-drink brown sugar café latte combining brown sugar and coffee flavors; awarded Monde Selection Gold in 2022; targeted at coffee-flavored RTD beverage consumers and global retail customers.
• Beauty Collagen M Cocooning Beauty-positioned collagen beverage targeting skin health; awarded Monde Selection Gold in 2022; aimed at premium functional beverage consumers and global retail/OEM customers.
• XR Electrolyte Drink Electrolyte sports and hydration drink awarded a Monde Selection Gold Award in 2023; targeted at active consumers and global retail customers.
• Milkers Milk-based beverage product awarded Monde Selection Gold in 2023; positioned as part of OKF's premium dairy and plant-based beverage portfolio.
• Coco (Coconut Beverage) Coconut-based beverage recognized with the iTQi Award in 2014; part of OKF's coconut beverage range for global retail and OEM customers.
• Musk Melon Drink Muskmelon-flavored fruit beverage awarded the Monde Selection Gold Award in 2020; part of OKF's premium fruit-flavored beverage portfolio.
• Gold Yuzu Sparkling Yuzu-citrus sparkling beverage awarded Monde Selection Gold in 2021; part of OKF's sparkling and fruit-flavored beverage range.
• Shine Muscat Premium Shine Muscat grape-based beverage awarded Monde Selection Gold in 2021; positioned in OKF's premium fruit-flavored beverage portfolio.
• OEM / ODM / Private Brand / National Brand Beverage Manufacturing Service Contract beverage manufacturing service offered to global brands (Coca-Cola, Nestle, Amway, Dole) and retailers across four models — OEM, ODM, Private Brand, and National Brand — leveraging OKF's 16 production lines, 3 billion-bottle capacity, and FDA/ISO/FSSC/BRC/HALAL/Kosher/Organic certifications; pricing is quote-based on multi-year contracts.

Quantifiable outcome

• 76% global market share in aloe beverages
• +3 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered core, major and minor.

• CostcocoreChannel Partner/ Reseller/ DistributorGlobal mass retailer conducting direct transactions with OKF for beverage distribution across international markets
• WalmartcoreChannel Partner/ Reseller/ DistributorGlobal mass retailer conducting direct transactions with OKF for beverage distribution
• CarrefourcoreChannel Partner/ Reseller/ DistributorGlobal mass retailer conducting direct transactions with OKF for beverage distribution
• Coca-ColamajorOEM/ Whitelabel/ Licensing PartnerGlobal brand audit partner for OEM manufacturing operations
• NestlemajorOEM/ Whitelabel/ Licensing PartnerGlobal brand audit partner for OEM/ODM manufacturing operations
• AmwaymajorOEM/ Whitelabel/ Licensing PartnerGlobal brand audit partner for OEM manufacturing operations
• DolemajorOEM/ Whitelabel/ Licensing PartnerGlobal brand audit partner for OEM/ODM manufacturing operations
• KOTRAcoreStrategic or Co-development PartnerKorea Trade-Investment Promotion Agency - OKF has maintained World Champion Enterprise status since 2012
• KakaominorChannel Partner/ Reseller/ DistributorDomestic online sales partnership through Kakao Smart Store for Korean market
• NaverminorChannel Partner/ Reseller/ DistributorDomestic online sales partnership through Naver Smart Store for Korean market

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

Regional players

• Lotte Chilsung Beverage: Lotte Chilsung is one of South Korea's largest beverage manufacturers producing soft drinks, alcoholic beverages, and functional drinks, with significant export activity across Asia. It is a comparable Korean multi-beverage manufacturer with broader domestic scale but a less global private-label focus.
• HiteJinro: HiteJinro is a leading South Korean beverage producer best known for soju and expanding into non-alcoholic and functional beverages. It is a comparable Korean multi-beverage manufacturer with international distribution, though with a different core category focus.
• Dongwon F&B: Dongwon F&B is a major Korean food and beverage company producing canned drinks, teas, juices, and functional beverages with growing international distribution. It is a comparable Korean multi-beverage manufacturer competing for similar retail and export channels.

Broad incumbents

• Suntory Beverage & Food: Suntory is a global beverage incumbent producing soft drinks, water, tea, and functional beverages across Asia, Europe, and the Americas through brands like Iyemon, BRAND'S, and Orangina. It overlaps with OKF in multi-beverage production and global retail distribution but at much greater scale and brand breadth.
• Asahi Group Holdings: Asahi is a global beverage incumbent producing soft drinks, water, and functional beverages across Asia, Europe, and Oceania through brands like Mitsuya and Wilkinson. It is comparable in multi-beverage production and global retail reach, though at significantly larger scale and broader portfolio depth.

Direct peers

• Refresco Group: Refresco is the world's largest independent beverage solutions provider, focused on private label and contract manufacturing of soft drinks, juices, water, and functional beverages for retailers and brand owners across Europe and North America. It is the closest direct peer to OKF's OEM/ODM/private label beverage manufacturing model.
• Primo Brands (formerly Cott Corporation): Primo Brands, successor to Cott's bottling activities, is a major North American private label and branded beverage manufacturer with water, soft drink, and functional beverage capabilities. Comparable to OKF in private label and multi-category beverage manufacturing for global retailers.
• Cott Corporation (legacy bottling business): Cott's legacy beverage manufacturing arm was a global leader in private label soft drinks, juices, and bottled water for retailers in North America and Europe. Its OEM/PL manufacturing model and customer base directly parallel OKF's role as a private label and OEM beverage partner to Walmart, Costco, and Carrefour.
• TruBev (private label beverage co-manufacturer): TruBev is a US-focused private label and co-manufacturing beverage company producing functional, wellness, and plant-based drinks for retailers and brands. Comparable to OKF as a contract and private label manufacturer in the functional and wellness beverage category.

Emerging players

• Nongfu Spring: Nongfu Spring is China's largest bottled water and functional beverage producer with strong positions in tea, juice, and electrolyte drinks. Comparable to OKF as a major Asian-origin functional and water-based beverage manufacturer building a global brand presence from an aloe- and wellness-adjacent base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@OKFcorporation
• Facebookfacebook.com/okfcorp.hq.korea
• Instagraminstagram.com/okf_corp
• Xx.com/OKFCORP1

Compliance18 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about OKF