Who owns THE:Danbaek?
THE:Danbaek is owned by Binggrae (South Korea, KRX: 005180).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Binggrae 2026 Sustainability Report, Binggrae Co., Ltd. Last checked .
Key facts
- Current owner
- Binggrae Co., Ltd. reported
- Owner HQ
- 🇰🇷 South Korea, Namyangju
- Origin
- 🇰🇷 South Korea
- Founded
- 2021
- Category
- Food › Nutrition & supplements › Protein & sports nutrition
- Parent ticker
- KRX: 005180
- Last verified
- · 1 sources
About THE:Danbaek
THE:Danbaek is the protein brand Binggrae launched in May 2021 as part of its move into health-oriented foods. Binggrae calls it its signature protein brand, developed through systematic product design, and it sells protein drinks, protein bars, powders and snacks under the name, alongside the company's health functional food brands such as VIVACITY and Doctor Capsule.
Ownership timeline of THE:Danbaek
Where THE:Danbaek sits in Binggrae
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Binggrae ownership tree →
See the full Binggrae brand portfolio (8) →
Other brands owned by Binggrae
Binggrae controls 8 brands on Brandtree, 7 of them in food.
Also in food
- Banana-Flavored Milk (1974)
- Bravo Cone
- Crab Chips (1986)
- Melona (1992)
- Samanco (1991)
- Together (1974)
Other brands in protein & sports nutrition, and who owns them
The 20 brands in protein & sports nutrition on Brandtree belong to 16 owners. The largest is Glanbia, with 3.
| Brand | Owner | Owner based in |
|---|---|---|
| BSN | Glanbia | 🇮🇪 Ireland |
| Dymatize | BellRing Brands | 🇺🇸 United States |
| OWYN | Simply Good Foods | 🇺🇸 United States |
| Vitamin Whey | Edible Garden | 🇺🇸 United States |
| Herbalife24 | Herbalife | 🇰🇾 Cayman Islands |
| Selex | Maeil Dairies | 🇰🇷 South Korea |
| OPTAVIA ACTIVE | Medifast | 🇺🇸 United States |
| TEHO | Olvi | 🇫🇮 Finland |
About the owner: Binggrae
Binggrae is a publicly listed company headquartered in Namyangju, South Korea, founded in 1967. Brandtree records 8 brands under its control, and it is listed as KRX: 005180.
Binggrae was established on 13 September 1967 as Daeil Yanghang, took the Binggrae name in 1982 and listed on the Korean stock exchange in 1978. It makes flavoured milk, ice cream, yogurt, coffee drinks and snacks from five plants in Korea and has sales subsidiaries in China, the United States, Vietnam and Australia; consolidated sales were about 1.49 trillion won in 2025. It bought Haitai Ice Cream in October 2020 and absorbed it in a small-scale merger in April 2026.
🇰🇷 THE:Danbaek and other South Korean brands
Brandtree records a controlling owner for 237 brands that began in South Korea. 12 of them (5%) are now controlled by a company headquartered in another country; THE:Danbaek is not one of them.
Frequently asked questions
Who is the parent company of THE:Danbaek?
The parent company of THE:Danbaek is Binggrae, a publicly listed company headquartered in South Korea.
Is THE:Danbaek South Korean?
Yes. THE:Danbaek originated in South Korea in 2021 and its owner, Binggrae, is also headquartered in South Korea.
Is THE:Danbaek still owned by Binggrae?
Yes. As of 16 September 2026, THE:Danbaek is still owned by Binggrae. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Binggrae 2026 Sustainability Report — Binggrae Co., Ltd., Official document; retrieved 16 September 2026.
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