Daedong Korea Ginseng

Name

Daedong Korea Ginseng

Legal name

Daedong Korea Ginseng Co., Ltd. (대동고려삼 주식회사)

Website

https://ddkorea.co.kr

Company type

Public

Founded year

2002

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Branded Consumer Product Sales: Sale of proprietary brand products (불로건, 소미건, 총명건, 더함, 진쎈) including red ginseng extracts, black ginseng products, candies, teas, and health functional foods through retail and e-commerce channels.
2. OEM/ODM Manufacturing: Contract manufacturing of ginseng raw materials and finished products for large enterprises and overseas buyers. Approximately 50% of revenue mix.
3. Raw Material and Ingredient Supply: Supply of ginseng raw materials (root ginseng, extracts, concentrates, powders) in various forms and ginsenoside specifications to food and pharmaceutical manufacturers.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

Daedong Korea Ginseng (대동고려삼) manufactures and sells Korean ginseng-derived health functional foods, including red ginseng (홍삼) and black ginseng (흑삼) extracts, concentrates, capsules, sticks, candies, teas, and root ginseng products. The company operates a vertically integrated model across ginseng raw-material sourcing, proprietary extraction/concentration processing, and multi-brand finished product sales through its own e-commerce mall (Duham), Lotte department store, home shopping broadcasts, and B2B OEM/ODM contract manufacturing serving roughly 50% of revenue.

Product overview

Daedong Korea Ginseng operates as a comprehensive ginseng manufacturing company with a multi-brand portfolio. The company produces a wide range of products across several sub-brands: 진쎈 (GINSSEN) for premium black ginseng, 불로건 for general consumer health products, 총명건 for children, and 가벼운하루 for daily convenience products. Core product lines include: (1) Raw materials and ingredients such as red/black/white/Taeguk ginseng extracts and concentrates with standardized ginsenoside content; (2) Finished products including concentrates (고려홍삼정, 홍삼농축액 플러스), capsules (사포니엑스, 진홍삼캡슐), granules, sticks, candies, and teas; (3) Root ginseng products (본삼) in various forms. The company operates both B2C branded products and B2B OEM/ODM manufacturing services, providing custom formulations to other companies. Key proprietary technologies include the 신융합 농축시스템 (New Fusion Concentration System) for low-temperature high-concentration extraction, proprietary drying technology, and ginsenoside standardization technology.

Differentiator

Problem solved

Functional benefit

Brands

• 불로건 (Bullo-gan): Premium health functional food brand for general consumers. The company's flagship consumer brand.
• 소미건 (So-mi-geon)
• 총명건 (Chong-myeong-geon)
• 더함 (Deo-ham)
• 진쎈 / GINSSEN

Products and services

• GINSSEN (진쎈) Black Ginseng Brand Premium black ginseng brand using the traditional nine-steaming nine-drying (구증구포) method with carefully selected domestic Korean ginseng roots; sells black ginseng concentrate, sticks, and root products positioned for the premium consumer gift and health segments.
• Bullo-gan (불로건) Health Functional Food Brand Flagship consumer health functional food brand covering red ginseng products including candy, sliced ginseng, and root ginseng products targeted at general adult consumers for daily health maintenance, immunity, and fatigue recovery.
• Chongmyeonggeon (총명건) Children's & Youth Brand Health functional food brand targeting teenagers and children for cognitive and developmental support using red ginseng products formulated with reduced bitterness to ease consumption by young consumers.
• Deoham (더함) Online Shopping Mall Brand Online-exclusive brand launched 2012-2013 for sale through the official Duham (duham.co.kr) e-commerce mall targeting digital consumers who purchase ginseng products via the company's own shopping platform.
• Red Ginseng Concentrate (홍삼농축액) Premium 6-year-old red ginseng extract concentrate standardized for ginsenoside content (Rg1, Rb1, Rg3) in concentration bands from 4mg/g to 23mg/g; sold as a B2B raw material and used in finished products.
• Black Ginseng Concentrate (흑삼농축액) Black ginseng concentrate manufactured through the nine-steaming nine-drying (구증구포) process, standardized for ginsenoside Rg1, Rb1, and Rg3 content at 7mg/g.
• Koryo Hongsamjeong Premium (고려홍삼정 프리미엄) Finished red ginseng juice containing 10% 6-year-old red ginseng extract combined with Cordyceps, angelica, and rehmannia plant extracts, targeting immunity, fatigue recovery, and memory enhancement.
• Hongsam Concentrate Plus (홍삼농축액 플러스) 100% pure red ginseng concentrate slow-cooked from 6-year-old ginseng, standardized to 7mg/g ginsenoside content.
• Saponi-X (사포니엑스) Capsules Capsule health functional food using 100% domestic 6-year-old red ginseng extract powder as the main ingredient, fortified with vitamins C, B1, B2 and minerals; high ginsenoside content capsule format.
• Gabyeoun Haru Hongsam Granule Max (가벼운하루 홍삼과립맥스) Spray-dried 100% domestic 6-year-old red ginseng concentrate in granule form, providing 18mg of daily ginsenoside intake in a convenience-oriented daily dosage format.
• Burlogean Koryo Red Ginseng (불로건 고려 홍삼/캔삼) Hand-made premium red ginseng root product with each root carefully selected and processed by experts; available in 천삼, 지삼, and 양삼 varieties.
• Burlogean Koryo Black Ginseng (불로건 고려 흑삼/캔삼) Premium black ginseng root product processed through the nine-steaming nine-drying (구증구포) method, hand-selected and processed by experts.
• Jinsein Black Ginseng Jeong Premium Stick (진쎈 흑삼정 프리미엄 스틱) Premium stick product containing 30% black ginseng concentrate from the 구증구포 process, delivering 12mg of daily ginsenoside intake in single-serve format.
• Hongsamjeong Premium Concentrate Stick (홍삼정 프리미엄 농축 스틱) High-concentration 6-year-old red ginseng stick delivering 20mg of daily ginsenoside intake at 30% concentration.
• Ginseng Extract Powder (인삼농축액분말) Spray-dried ginseng extract powder available in ginsenoside concentrations of 4mg/g and above; supplied as a B2B ingredient for OEM/ODM finished-product manufacturing.
• Raw Root Ginseng for OEM (원료용 뿌리삼) GAP-certified raw ginseng material in 4-year and 6-year varieties for food use, with GMP-certified options for pharmaceutical raw material use; types include 각삼, 편삼, 천삼, 지삼, 양삼, and 근뿌.
• Fermented Red Ginseng Concentrate (발효 홍삼 농축액) Fermented red ginseng concentrate with enhanced bioavailability, available in ginsenoside concentrations of 4mg/g, 7mg/g, 9mg/g, and 11mg/g with solid content of 60% or above.
• Red/Black Ginseng Candy (홍삼캔디/흑삼캔디) Candy products containing red or black ginseng concentrate formulated for sweet, easy consumption and suitable for all ages including children.
• Black Ginseng Bellflower Root Tea (흑삼도라지 차) Premium black ginseng tea combining 6-year nine-steaming nine-drying black ginseng extract with fermented black bellflower root extract and 13 traditional herbal ingredients.
• Hongsam Kids Myeonjeok Strong (홍삼키즈 면역쌕쌕) Children's immunity product in spout-pouch format containing 1.5% 6-year red ginseng concentrate with natural vitamins, minerals, and antler extract; designed to support children's immune health in an age-appropriate delivery form.
• Bone-Ae Myeonjeok (뼈애면역쌕) Bone health product combining red ginseng with ingredients for bone health and immune support, part of the company's 2022 functional-food product initiatives.
• Ginseno Prime (진세노 프라임) Finished health functional food product leveraging the company's proprietary ginsenoside standardization technology for consistent potency.
• Hyeonggae 365 (흰개 365) 100% Hyeonggae tree-ingredient drink positioned for daily health consumption.
• Power of Ginseng (인삼의 힘) Premium ginseng extract product targeting the premium gift segment of the ginseng market.
• Hongsamjin Emperor Emperor/Hwanghu (홍삼진 빚채황제/황후) Premium black ginseng product line in the Emperor (황제) series, packaged in a spout-pouch delivery format for the premium consumer segment.
• Immerse Red Ginseng Pomegranate Jelly Stick (이머드 홍삼석류 젤리스틱) Women's-focused jelly stick product combining red ginseng with pomegranate extract in a convenient on-the-go delivery format.
• OEM/ODM Ginseng Manufacturing Service B2B contract manufacturing service supplying ginseng-based raw materials, extracts, concentrates, powders, and finished-product formulations under buyer brands, serving large food manufacturers, pharmaceutical companies, and overseas buyers across roughly 20 countries (approximately 50% of company revenue).

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Five partnerships are on record, tiered minor.

• 안성시 (Anseong City)minorStrategic or Co-development Partner · 10 January 2024Trilateral MOU between Anseong City, Daedong Korea Ginseng, and the Goryeo Ginseng Organic Farming Cooperative for the development of the organic ginseng industry and promotion of organic ginseng consumption. Daedong Korea Ginseng sources organic ginseng from the cooperative to produce high-quality organic ginseng products.
• 고려인삼유기농협동조합 (Goryeo Ginseng Organic Farming Cooperative)minorStrategic or Co-development Partner · 10 January 2024Partnership with Daedong Korea Ginseng and Anseong City for organic ginseng supply. The cooperative provides organic ginseng raw materials to Daedong Korea Ginseng for manufacturing high-quality organic ginseng products, supporting regional farmers and the local economy.
• 인삼소재은행 (Ginseng Material Bank)minorStrategic or Co-development Partner · 26 June 2020MOU with Ginseng Material Bank and Hanbang Bio for collaboration in ginseng-based ingredient development and bio-technology research.
• 한방바이오(주) (Hanbang Bio Co., Ltd.)minorStrategic or Co-development Partner · 26 June 2020MOU with Ginseng Material Bank and Daedong Korea Ginseng for joint development of Korean medicine bio-technology and ginseng-based ingredients.
• 롯데백화점 (Lotte Department Store)minorChannel Partner/ Reseller/ DistributorDaedong Korea Ginseng operates a retail store at Lotte Department Store Daegu Sanging branch, selling premium black ginseng and red ginseng products to department store shoppers.

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Market position

Weaknesses5 records

Competitive moat5 records

Customer concentration

• Facebookfacebook.com/daedongkorea1
• LinkedInlinkedin.com/company/daedong-korea-ginseng-co-ltd

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Daedong Korea Ginseng