Xiamen Kingdomway Group

What Xiamen Kingdomway Group does

Xiamen Kingdomway Group is a vertically integrated nutrition ingredient manufacturer and branded dietary supplement company, founded in 1997 and listed on the Shenzhen Stock Exchange (002626) since October 2011, headquartered in Xiamen Haicang District, China, with approximately 1,001-5,000 employees. The company's dual technology platform combines microbial fermentation and bio-enzyme catalysis with chemical synthesis, supported by 192 valid patents (including 12 international) to produce nutraceutical ingredients such as Coenzyme Q10 (the world's largest producer at >50% global share, 920 tons/year capacity, expanding toward 1,200-1,500 tons/year, 99.8% purity, gross margins ~48.2%), Vitamin A, Vitamin D3, DHA/ARA algae oil, NMN, astaxanthin (with synthetic biology yielding ~80% cost reduction), PQQ, Vitamin K2, R-Lipoic Acid, and Nattokinase.

The company operates a three-tier revenue model: B2B ingredient sales to global supplement manufacturers, aquaculture feed buyers, and pharma-grade customers; B2C branded finished products via seven owned consumer brands (Doctor's Best, Zipfizz, Labrada, ProSupps, Maikon, Jinlexin, and the recently acquired Viactiv); and US-based contract manufacturing through VitaBest. Roughly 80% of revenue is generated overseas, distributed through Costco, Sam's Club, Walmart, Amazon, iHerb (in which Kingdomway holds an equity stake), Tmall, JD.com, Douyin, and Xiaohongshu. Quality coverage spans China Pharmacopoeia, USP, EP, JP, BP, plus FDA NDI approval for NMN, FDA cGMP, EU Novel Food, USDA Organic, BRCGS, and SQF certifications, positioning the company as a peer of DSM-Firmenich and BASF on the ingredient side.

Reported 2024 metrics put total revenue at approximately 3.2 billion CNY (~US$450M) on 80% overseas, with net profit of ~340M CNY (+23.6% YoY); Q1 2025 net profit accelerated +72% YoY, supported by the FDA NMN approval, CoQ10 capacity expansion, and Doctor's Best restructuring into Xiamen.

Name

Xiamen Kingdomway Group

Legal name

Xiamen Kingdomway Group Co., Ltd. (厦门金达威集团股份有限公司)

Website

https://kingdomway.com

Company type

Public

Founded year

1997

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Xiamen Kingdomway Group is a Chinese nutrition company that produces nutritional ingredients (notably CoQ10, holding >50% global market share) via synthetic biology and sells branded dietary supplements globally through owned brands including Doctor's Best, Zipfizz, Labrada, and ProSupps.

Ownership category

akta.pro rank

Product category

Nutritional ingredients and dietary supplements manufacturing

NAICS

Food Manufacturing (311), Food (Health) Supplement Retailers (456191)

SIC

Medicinal Chemicals & Botanical Products (2833), Food And Kindred Products (2000), Beverages (2080)

akta.pro primary industry

Antioxidants & Phytochemicals (Carotenoids, Tocopherols, Flavonoids, CoQ10, Resveratrol) (AFAJAKAI)

akta.pro secondary industries

Vitamins (A, B-Complex, C, D, E, K; Premixes) (AFAJAKAA), Vitamin- & Mineral-Fortified Beverage Production (AFAFAFAC), Functional Foods & Supplement Formats (Gummies, Chews, Powders, Shots) (CRADAGAI), Vitamins & Minerals (Single Nutrients) (CRADAGAB), Health Food & Supplement Stores (CRAHAEAC)

Keywords

• Nutritional ingredient manufacturing
• Dietary supplements
• Synthetic biology fermentation
• Coenzyme Q10 production
• Contract manufacturing services

Headquarters

HQ city

Haicang

HQ country

China

HQ region

Asia

Offices14 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Nutritional Ingredient Manufacturing (B2B): Manufacturing and sales of nutritional ingredients including CoQ10, Vitamin A, Vitamin D3, DHA, ARA, NMN, astaxanthin, Vitamin K2, nattokinase, PQQ, biotin to international supplement brands and food/feed companies. CoQ10 capacity expanded to 920 tons/year after 1.5x expansion. Margins: CoQ10 ~48.2% (2024), Vitamin A ~32.8% (2024). 2024 overseas revenue ~25.7 billion yuan, representing ~80% of total revenue.
2. Branded Dietary Supplement Sales (B2C): Sales of finished products through owned brands: Doctor's Best (300+ products, top 15 US supplement brand), Zipfizz (functional energy drinks), Viactiv (calcium supplements), ProSupps (sports nutrition), Labrada (bodybuilding nutrition), Maikon (beauty supplements). Brands sold through Costco, Sam's Club, Amazon, iHerb, and Chinese e-commerce platforms. 2024 nutritional health product margin ~35.2%.
3. Contract Manufacturing Services: US manufacturing subsidiary VitaBest provides nutritional supplement capsule, tablet, and powder manufacturing services for third-party brands. Factory history dating back to 1954, located in Southern California. Softgel production line under construction, expected Q4 2025 production.

Go-to-market motion3 records

Distribution channels8 records

Marketing channels7 records

Core offering

Xiamen Kingdomway Group manufactures and sells bio-fermented nutritional ingredients (Coenzyme Q10, Vitamin A, Vitamin D3, DHA, ARA, NMN, Astaxanthin, Vitamin K2, PQQ, Nattokinase, R-Lipoic Acid) to global supplement, pharmaceutical, food, cosmetics, and aquaculture feed companies, and also produces and distributes finished dietary supplement products through seven owned brands (Doctor's Best, Zipfizz, Labrada, ProSupps, Maikon, Jinlexin, Viactiv) via Amazon, iHerb, Costco, Sam's Club, Walmart, Tmall, JD.com, Douyin, and Xiaohongshu. Contract manufacturing services for third-party supplement brands are delivered through the VitaBest subsidiary in Southern California.

Product overview

Xiamen Kingdomway Group is a biotechnology-powered nutrition and health company with a full industry chain from raw material R&D to end-consumer products. The company operates as a raw material supplier and branded consumer products company. In raw materials, the core products include Coenzyme Q10 (the world's largest producer), Vitamin A, Vitamin D3, DHA, ARA, NMN, Astaxanthin, PQQ, Vitamin K2, R-Lipoic Acid, and Nattokinase. For end-consumer products, the company owns seven international brands: Doctor's Best (science-based nutritional supplements), Zipfizz (energy drinks), Labrada (sports nutrition), ProSupps (sports nutrition), Maikon (Japanese beauty supplements), Jinlexin (domestic health products), and Viactiv (calcium supplements). Doctor's Best offers over 240 products distributed to 120+ countries, while brands like Zipfizz and ProSupps are sold through Costco, Sam's Club, Walmart, and other major retailers.

Differentiator

Problem solved

Functional benefit

Brands

• Doctor's Best: American science-based nutritional supplement brand founded in 1990, distributing more than 240 products to over 120 countries. Slogan: Science-Based Nutrition (科学营养实力派).
• Zipfizz
• LABRADA
• PROSUPPS
• MAIKON (舞昆)
• Kingdomway (金达威)
• 金乐心 (Jinlexin)

Products and services

• Coenzyme Q10 (辅酶Q10) Coenzyme Q10 is a natural vitamin-like substance essential for cellular energy production, with applications in heart health, antioxidant protection, anti-aging, skin health, and brain health. Sold as a bulk ingredient to global supplement and pharmaceutical brands; CoQ10 final product purity reaches 99.8% and meets five major pharmacopoeia standards.
• Vitamin D3 Vitamin D3 is essential for calcium absorption and bone metabolism, working with calcium to support bone strength and effective calcium utilization. Produced as a bulk ingredient and supplied to supplement brands and food manufacturers globally.
• Vitamin A Vitamin A is essential for vision, gene transcription, immune function, embryonic development, bone metabolism, skin health, and antioxidant activity. Among Kingdomway's largest product lines; the company is among the top six global Vitamin A producers.
• DHA (Docosahexaenoic Acid) DHA is an essential omega-3 fatty acid crucial for neurological and visual development in infants, and benefits heart, brain, eye health, and immune function in adults. Produced via microalgae bio-manufacturing with renewable fermentation inputs and solvent-free purification.
• ARA (Arachidonic Acid) ARA is an essential polyunsaturated fatty acid used in infant formula, healthcare products, and nutritional fortified foods. Produced as a bio-manufactured ingredient for global nutrition and infant formula customers.
• NMN (β-Nicotinamide Mononucleotide) NMN is an NAD+ precursor supplement ingredient with anti-aging research potential. Successfully completed FDA NDI compliance for sale in the US market through the Doctor's Best brand; bio-manufactured using synthetic biology.
• Astaxanthin (虾青素) Astaxanthin is a natural antioxidant produced via synthetic biology using engineered yeast fermentation, reducing production cost to approximately one-fifth of traditional methods. Used in health supplements, cosmetics, and high-end aquaculture feed (shrimp, lobster, salmon).
• Vitamin K2 Vitamin K2 is a nutritional supplement ingredient supporting bone health, produced via microbial fermentation technology. Supplied as a bulk ingredient to supplement brands globally.
• PQQ (Pyrroloquinoline Quinone) PQQ is a bioactive compound used in dietary supplements for mitochondrial health, produced through biological manufacturing technology. Supplied as a bulk ingredient to supplement brands.
• Nattokinase (纳豆激酶) Nattokinase is an enzyme supplement ingredient for cardiovascular health support, produced through biological manufacturing. Supplied as a bulk ingredient to supplement brands.
• R-Lipoic Acid (R-硫辛酸) R-Lipoic Acid is a potent antioxidant that directly scavenges free radicals and regenerates vitamins C and E, glutathione, and other antioxidants. Used in dietary supplements.
• Doctor's Best (多特倍斯) Branded Supplements Doctor's Best is a science-based nutritional supplement brand founded in 1990 offering 240+ products covering cardiovascular health (CoQ10), anti-aging, basic nutrition (vitamins, minerals), bone/joint health, and comprehensive health categories. Distributed to 120+ countries through Amazon, iHerb, and brand website.
• Zipfizz Functional Energy Drink Mix Zipfizz is an all-natural, sugar-free, low-calorie, low-carb energy drink mix packed with vitamins, minerals, electrolytes, and vitamin B-12. Sold through Costco, Sam's Club, and other major US retailers; acquired in August 2018.
• Labrada Bodybuilding Nutrition Products Labrada offers sports and bodybuilding nutrition including Lean Body ready-to-drink protein shakes and meal replacement powders, manufactured in FDA-inspected facilities with NSF, Informed Choice, and SQF certifications. Founded in June 1996 by IFBB Pro Lee Labrada.
• ProSupps Sports Nutrition Products ProSupps is an American high-performance sports nutrition brand founded in 2012 by fitness star TJ and 5 sports enthusiasts, sold in 70+ countries including Walmart and Costco. Sells hundreds of millions of Hyde servings globally.
• Maikon (舞昆) Beauty Supplements Maikon is a Japanese natural health food brand established in 1961 specializing in beauty supplements with patented enzyme production technology. Offers 300+ product varieties including enzyme liquids, tablets, powders, capsules, and soft candies targeted at women's beauty and wellness.
• Jinlexin (金乐心) Cardiovascular Health Brand Jinlexin is a domestic health brand under Kingdomway Group offering cardiovascular and nutritional health products to Chinese consumers.
• Viactiv Calcium Supplements Viactiv is a calcium soft chew supplement brand acquired in June 2024, targeting women who need calcium supplementation.
• VitaBest Contract Manufacturing Services VitaBest Nutrition, Inc. provides nutritional supplement manufacturing services (capsules, tablets, and powders) to third-party brands from a FDA-registered, GMP-certified facility in Southern California. Softgel production line expected Q4 2025.
• Vitakids Southeast Asia Retail Channel Vitakids Pte. Ltd. is a Singapore-based nutritional supplement retail business (acquired March 2016) offering 100+ brands and 3,000+ products through retail stores in Singapore malls including Paragon, Westgate, Novena, and Forum, serving as the group's gateway to Southeast Asian markets.

Quantifiable outcome

• CoQ10 cost reduced to approximately 1/5 of traditional production methods through synthetic biology (astaxanthin example)
• +9 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• 香飘飘食品股份有限公司 (Xiangpiaopiao Food Co., Ltd.)minorStrategic or Co-development Partner · 1 November 2021Kingdomway (Shanghai) Food Nutrition Co., Ltd. is a joint venture founded November 2021 by Xiamen Kingdomway Group, Xiangpiaopiao Food Co., Ltd., and Ningbo Meishan Free Trade Port Area Xuanying Yunhao Investment Management Partnership. The company sells LEAN BODY products in China while exploring health nutrition supplements, functional foods and beverages market.
• 北京盈奥营养食品有限公司 (Beijing Tricore Healthy Supplementary Food Ltd.)minorStrategic or Co-development Partner · 1 January 2017Joint venture established early 2017 between Kingdomway Group and Tricore team. Exclusive agent for marketing and operation of ProSupps, the American sports nutrition brand, in China. Established sales system of hundreds of dealers with strategic cooperation with Tmall and JD.com.
• 舞昆健康食品株式会社 (Maikon Health Food Co., Ltd.)coreStrategic or Co-development Partner · 1 April 2016Japan Maikon (established 1961) reached deep strategic cooperation with Xiamen Kingdomway Group in 2016, establishing Maikon Health Food Co., Ltd. to provide professional beauty supplement solutions for women. Maikon has next-generation patented enzyme production technology and 300+ products including enzyme liquids, tablets, powders, capsules, and soft candies. Joint venture brings Japanese beauty supplement expertise to Chinese market.
• Vitakids Pte. Ltd.minorOthers · 1 March 2016Acquired March 2016. Singapore-based company acts as group's channel towards Southeast Asian market. Offers 100+ brands, 3,000+ products. Retail presence in Singapore malls (Paragon, Westgate, Novena, Forum).
• 厦门大学 (Xiamen University)minorStrategic or Co-development Partner · 1 June 2014Co-founded Technical Center of Food Nutrition Engineering with Xiamen University, focusing on research of nutritional fortifier. Long-term academic partnership for R&D collaboration.
• 工业微生物教育部工程研究中心 (Industrial Microorganism Engineering Research Center of Ministry of Education)minorStrategic or Co-development PartnerCo-founded Microorganism Engineering Research Institute with Industrial Microorganism Engineering Research Center of the Ministry of Education for joint R&D in microbiology and fermentation technology.
• 南加州大学 (University of Southern California)minorStrategic or Co-development PartnerDoctor's Best co-founded dietary supplement formulation research institute with USC. Joint research for scientifically-formulated nutritional supplement products with clinical validation.

Scale indicators20 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• NOW Foods: Privately held US dietary supplement manufacturer and brand with a broad science-based product portfolio distributed through Amazon, iHerb, Costco and natural food retailers. Closely comparable to Doctor's Best in scale, channel mix and consumer positioning.
• GNC Holdings: US specialty retailer of vitamins, minerals, sports nutrition and supplements with owned brands across multiple categories. Comparable to Doctor's Best and Zipfizz in US channel strategy and product breadth in the supplement space.
• Nature's Way: One of the largest US supplement brands with broad category coverage including vitamins, CoQ10 and omega-3. Directly comparable to Doctor's Best in branded science-based supplements across mass and natural retail channels.

Broad incumbents

• DSM-Firmenich: Global nutrition and health ingredients giant producing vitamins, omega-3 (DHA/EPA), carotenoids and pre-mixes. Direct competitor to Kingdomway's B2B CoQ10, Vitamin A/D3, DHA/ARA and astaxanthin ingredient business, with much broader portfolio across food, feed and personal care.
• BASF: Diversified chemical company with a major Nutrition & Health division producing vitamins (A, D3, E, K), carotenoids (astaxanthin, beta-carotene) and omega-3s. Direct competitor in the global nutritional ingredients market where Kingdomway leads in CoQ10 and omega-3 algae oil.
• Herbalife Nutrition: Global nutrition company selling protein shakes, meal replacements, vitamins and supplements through a direct-selling model across 90+ markets. Comparable to Kingdomway's branded consumer products portfolio in scale and global reach, though channel model differs.
• Lonza Group: Swiss CDMO and producer of nutritional ingredients including vitamins, carotenoids and microbially fermented APIs. Comparable to Kingdomway in fermentation-based ingredient manufacturing and B2B supply to supplement and pharma customers.
• Nestlé Health Science: Global nutrition business within Nestlé covering vitamins, minerals, clinical nutrition and supplements under brands like Garden of Life, Pure Encapsulations and Solgar. Comparable in scale of branded supplement portfolio and global distribution that overlaps with Kingdomway's brands.

Regional players

• Blackmores: Australia's leading dietary supplement brand with broad vitamin, mineral and herbal range sold across Asia-Pacific. Comparable to Doctor's Best in Asia-Pacific branded supplements strategy, though it does not compete in Kingdomway's US and China core markets head-on.
• Suntory Wellness: Japanese wellness and functional beverage business producing supplements (including Sesamin and Lutein lines) and health drinks. Comparable to Kingdomway's Maikon beauty supplement brand and Zipfizz functional drink strategy in the Asian market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/xiamen-kingdomway-group-company

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries15 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 Xiamen Kingdomway Group