Korean company, that develops nutrition & health supplements using nature-friendly process without any chemical composition, is seeking business partnerships under commercial agency agreement or distribution services agreement

CommercialJužná KóreaBOKR20200818001
A Korean company that develops health functional foods with nutrients extracted directly from food grown in Korea (such as shiitake (mushroom), sunflower, lemon, etc.) is looking for distributors or commercial partners to distribute health functional foods. The company has developed health supplements such as vitamin D, folic acid, iron, probiotics for pregnant women and kids which are widely sold in Korea.
Unlike in the past, the demand for nutritional supplements is increasing in modern times as food alone is not enough source of required nutrients. Vitamin ingredients are largely divided into synthetic vitamins and natural vitamins. Synthetic vitamins are made via chemical processes applied to non-natural substances to implement the molecular formula of natural vitamins. In the process of synthesizing this, a small number of new structures that are similar to molecular formula but do not exist in nature, are produced, which may reduce the original efficacy of vitamins and cause side effects such as allergies. Besides, when making vitamins, chemicals are used to bind raw powder into a pill or to coat the surface smoothly, which may cause side effects in the human body when taken for a long period. Thus, a Korean company has started developing nutrition & health supplements using a nature-friendly process without any chemical composition since 2017. This company has good technology and product, but due to the low brand awareness, they had some difficulties to export the product. So, they are seeking business partnerships under commercial agency agreement or distribution services agreement. For the first time in Korea, the company has developed a technology to extract nutrients from natural ingredients, not dried yeast, and manufactures nutrition & health supplements by directly extracting vitamins and folic acid from natural foods such as mushrooms, Costaria Costata, and chaff. Vitamin D is extracted from Shiitake mushroom and folic acid is extracted from a lemon. Thus, it is safe for people of all ages, from teenagers to adults, as well as early-stage pregnant women to postpartum women. The company’s main products include Vitamin D + Probiotics, folic acid, Vitamin 12, iron. These products are produced from the plant source and not from the animals, thus reducing hypersensitivity and intolerance and enable stable vitamin intake. The company offers nutrition & health supplements that have combined functions suitable from kids to adults and pregnant women, at a reasonable and economical price. For portability, individual packaging was done and for easy absorption and intake, powder type product was made.
Type (e.g. company, R&D institution…), field of industry and Role of Partner Sought: 
- Type of partner sought: distributor /importer of organic/natural nutrition supplement - Specific area of activity of the partner: healthcare, dietary supplements - Task to be performed: distribution service / commercial agency
Stage of Development: 
Already on the market
Comments Regarding Stage of Development: 
Currently, the company sells 5 kinds of health supplements and is preparing to release 5 more new products.
IPR Status: 
Patent(s) applied for but not yet granted,Patents granted
External code: