- CEO
- Seong-Gun Choi
- Full Time Employees
- 180
- Sector
- Health technology
- Industry
- Pharmaceuticals: other
- Address
- Geumsan-gun South Korea
- IPO Date
- Dec 20, 2013
- Business
- DAEDONG KOREA GINSENG CO., LTD. is a South Korea-based company primarily engaged in the processing, manufacturing, and distribution of Korean ginseng, red ginseng, and health functional foods. Founded in 2002 and headquartered in Geumsan-gun, Chungcheongnam-do, South Korea, the company operates vertically integrated processing and production facilities located in the center of Korea's primary ginseng cultivation region. The company operates through two core business divisions: Proprietary Brand Products and Contract Manufacturing (OEM/ODM) Services.
The company's core product portfolio encompasses a comprehensive range of dietary supplements and processed ginseng formulations marketed under proprietary brands including Bulrogeon, Ginssen, and Duham, alongside private label offerings. Its systematic product and service offerings include: whole root red ginseng, black ginseng, and fresh ginseng products; concentrated red and black ginseng extracts; ready-to-drink liquid pouches and portable single-serve stick packs; honeyed sliced ginseng roots and candied whole roots; hard and soft dietary capsules, tablets, and pills; functional ginseng teas, soluble granules, and micro-milled powders; and intermediate bulk ginseng raw materials supplied to food, beverage, and traditional pharmaceutical manufacturers. The company's Ginssen brand utilizes specialized nine-times steaming and drying processing techniques to enhance ginsenoside absorption, supported by proprietary elvan stone-plated drying and low-temperature extraction systems. In addition, the company provides turnkey Original Equipment Manufacturing (OEM) and Original Development Manufacturing (ODM) services, offering customized formulation development, extraction, concentration, packaging in stick, pouch, blister, and bottle formats, and quality compliance testing.
Daedong Korea Ginseng operates manufacturing facilities certified under Good Manufacturing Practice (GMP), Hazard Analysis and Critical Control Points (HACCP), Good Agricultural Practices (GAP), ISO 14001, ISO 45001, and Halal standards. The company distributes products domestically across retail networks, pharmacies, corporate clients, and online direct-to-consumer platforms, while exporting finished formulations and processed raw materials internationally to markets across Asia, North America, and Europe, including China, Vietnam, Japan, the United States, and Germany.
In recent developments, Daedong Korea Ginseng has expanded its OEM and ODM contract manufacturing alliances with major domestic wellness and health supplement brands, including strategic raw material supply and manufacturing agreements with brands such as Nature Garden and Samdae 500. The company has also diversified its product lineup through the expansion of its digital-native Duham brand, introducing targeted functional stick-pouch supplements to address the growing direct-to-consumer wellness market. Furthermore, Daedong Korea Ginseng continues to broaden its international distribution channels across Southeast Asia and Greater China while maintaining shareholder and capital management initiatives on the Korea New Exchange (KONEX: 178600).