0. Executive Summary
Judgment axis | Key judgment |
| Item Identity | The representative Plant Entity for No. 176 is set as Korean Ginseng Panax ginseng CAMey. Since domestic law defines ginseng as encompassing plants of the Panax genus, the Species must be additionally verified in actual transactions. ( Ministry of Government Legislation ) |
| Key role | It is a representative crop connected to agriculture, processing, functionality, and export, undergoing multi-stage conversion from fresh ginseng into white ginseng, red ginseng, Taegeuk ginseng, and various extracts, concentrates, powders, and health functional foods . |
| Harvesting principle | Management is conducted by linking the root age, cultivation site, variety, harvest date, and final processing purpose. The Ginseng Industry Act defines root age as the number of years ginseng has grown since sprouting. ( Ministry of Government Legislation ) |
| Product separation | Fresh ginseng, white ginseng, red ginseng, and Taegeuk ginseng must be managed with a separate Product ID, and subsequently, slices, powder, concentrate, extract, beverages, and health functional foods are further separated. |
| Separation of similar items | Other Panax species, such as American ginseng and Panax notoginseng, are not combined with Korean ginseng. Check in the order of Species → Origin → Product Form. |
| Domestic statistics | Since the raw data for production volume and cultivated area of the latest national approved statistics as of 2026 has not been finalized in this registered version, it will be entered after verification of the official raw data later. |
| Supply and demand risk | The key factors are perennial cultivation, continuous cropping, soil, and diseases, weather conditions, harvested lotus roots, mixing of origin and species, processing yield, pesticide residues, quality grades, long-term inventory, and export country regulations. |
| Operating Principles | Maintains the Lot genealogy from Seed/Seedling–Farm–Lotus Root–Fresh Root Lot–Fresh Ginseng–White Ginseng/Red Ginseng/Taegeuk Ginseng–Extraction/Concentration–Buyer RFQ. |
| Final goal | We will build supply chain intelligence that connects agricultural raw materials, processed products, health functional foods, and export products from a single Product Master to track repurchases. |
1. Plant Identity & Product Master
Basic fields | detail |
| Korean name | ginseng |
| English name | Ginseng / Korean Ginseng |
| Representative scientific name | Panax ginseng CAMey. |
| classification | Araliaceae → Panax → P. ginseng |
| Edible parts | Mainly roots |
| Non-edible · Separate management | Leaves, stems, fruits, seeds, flowers, etc., are separated from the root ginseng product to verify their recognition as food ingredients according to their intended use. |
| Major harvesting stages | Harvesting by Lotus Root, Buyer, and Processing Purpose |
| Basic product form | Fresh ginseng, white ginseng, red ginseng, Taegeuk ginseng, other ginseng varieties, slices, powder, extracts, concentrates |
| Basic processing stage | Harvesting → Washing → Sorting → Fresh Ginseng → Drying or Steaming/Cooking → Processing → Grinding, Extraction, Concentration |
| Basic use | Fresh, prepared, traditional foods, beverages, processed foods, health functional foods, exports |
| Similarity Principle | Species within the genus Panax are separated by Plant Entity, and processed forms are separated into Product Entities. |
The Korea National Arboretum identifies ginseng as Panax ginseng CAMey., while the Ginseng Industry Act broadly defines ginseng as a plant of the genus Panax in the family Araliaceae from an industrial management perspective. Therefore, MarketHub manages the legal scope of commodities and botanical species identity as separate fields**. ( Korea National Arboretum )
Product Master
Product | Product stage | Key Management Standards |
| Ginseng Seed Lot | breeding materials | Species · Varieties · Seed Sources · Lot |
| Seedling Root Lot | ginseng seedlings | Variety, nursery site, seedling age, health |
| Field Ginseng | cultivation stage | Cultivation site · Lotus root · Variety · Packaging |
| Fresh Harvested Root | Harvested raw materials | Harvest date · Lotus root · Weight · Appearance |
| Fresh ginseng | Undried Product | Legal definition · Lotus root · Size · Grade · Freshness |
| Washed fresh ginseng | Preprocessing | Cleaning history, appearance, and refrigeration |
| Selected fresh ginseng | Standard parts | Lotus root · Size · Weight · Grade |
| White ginseng | Non-steamed dried product | Fresh Ginseng Lot · Drying Process · Grade |
| Red ginseng | Dried product after steaming | Fresh Ginseng Lot · Steaming · Drying · Color · Grade |
| Taegeuksam | Dried product after cooking | Fresh Ginseng Lot · Cooking · Drying · Color |
| Other ginseng | Other ginseng products under the law | Confirmation of manufacturing method and legal classification |
| Ginseng slices | Cutting process | Raw Material Product·Thickness·Moisture |
| Ginseng powder | Grinding process | Raw materials, particle size, microorganisms |
| Red ginseng powder | Ground red ginseng | Red Ginseng Lot, Particle Size, and Ingredients |
| Ginseng extract | Extraction processing | Raw Materials · Solvents · Concentration · Batch |
| Red ginseng extract | Red ginseng extract | Raw Material Lot · Extraction Conditions · Batch |
| Ginseng concentrate | Concentrated products | Solids content · Raw material ratio · Batch |
| Red ginseng concentrate | High value-added raw materials | Raw materials, extraction, concentration, and quality indicators |
| ginseng drink | finished product | Ingredient Content · Food Type · Labeling |
| Red ginseng drink | finished product | Ingredient Content · Food Type · Labeling |
| Health functional food ingredients | functional ingredients | MFDS Standards, Ingredients, and Functional Scope |
| Finished health functional food products | Final product | Manufacturing declaration, raw material specifications, labeling, and expiration date |
| OEM/PB ginseng products | B2B finished products | Formula · MOQ · Specifications · Contract |
2. Product Classification & Use Segmentation
Classification criteria | Subdivision type | Management principles |
| Plant classification | Panax ginseng / Other Panax spp. | Plant Entity by Species |
| varieties | Domestic registered varieties, traditional lines, etc. | Variety verification link |
| Edible parts | Root · Other parts | Check the range of food ingredients |
| lotus root | Actual cultivation years | Lot required |
| Harvesting stage | By purpose of processing and raw consumption | Buyer Spec Connection |
| Cultivation method | Cultivation site, soil, and shading system | Production Entity |
| origin | Country → Region → Farm | Traceability |
| Distribution methods | Fresh ginseng and dried products | Product Separation |
| Processing form | White ginseng, red ginseng, Taegeuk ginseng, slices, powder, concentrate | Separate Product ID |
| functional ingredients | Ginseng and Red Ginseng | Separation by MFDS standards |
| Final use | Raw food, cooked food, food, beverage, health functional food | Application separation |
| Transaction type | Source procurement · Contract farming · Processed raw materials · OEM · PB · Export | RFQ |
| Inspection/Rating | Statutory Inspection · Internal Inspection · Buyer Inspection | Evidence connection |
3. Production, Harvest & Post-harvest
step | Essential Dataset | Management purpose |
| Cultivation plan | Variety · Target Root · Area · Buyer | Long-term production plan |
| Securing seeds | Variety · Seed Orchard · Seed Lot | Identity |
| Seed treatment | Processing conditions/date | Germination and seedling cultivation |
| ginseng seedling production | Seedbed, seedling age, seedling quality | Official quality |
| Selection of planned site | Location, Soil, and Previous Crop | Cultivation Risk |
| Soil management | Soil analysis, organic matter, disease risk | Continuous cropping and growth management |
| formula | Date · Ginseng Seedling Lot · Planting | Field genealogy |
| sunshade | Structure, Covering, and Maintenance History | Light and temperature environment |
| Growth | Lotus root, sprout, dressing, leaves, roots | Yield Forecast |
| rising | Temperature, rainfall, humidity, and solar radiation | Weather Risk |
| Watering | Suwon, period, amount | Growth |
| dispute | Materials, Quantity, and Timing | Quality and Safety |
| pests | Occurrence, Diagnosis, and Control | Losses and pesticide residues |
| Soil disease management | Occurrence Area · Diagnosis | Long-term cultivation stability |
| Harvest judgment | Lotus Root · Buyer · Processing Purpose | Harvesting at the right time |
| harvest | Date, Packaging, Weight | Root Lot |
| purifying | Washing water, equipment, and processes | Commercialization of fresh ginseng |
| Selection | Lotus root · Appearance · Size · Weight | Grade |
| Pre-cooling and storage | Temperature, period, packaging | Freshness of fresh ginseng |
| White ginseng processing | Drying conditions · Moisture | White Ginseng |
| Red ginseng processing | Steaming, drying, and color | Red Ginseng |
| Taegeuk Samgong | Cooking and drying | Taegeuk Ginseng |
| Cutting and grinding | Thickness and particle size | Processed Product |
| extraction | Raw materials, solvent, temperature, time | Extract |
| concentration | Solid content and concentration conditions | Concentrate |
| packaging | Weight · Packaging · Lot | shipment |
| shipment | Buyer · Date · Quantity | Transaction tracking |
4. Quality Specification & Lot Management
Quality items | Fresh ginseng | White ginseng | Red Ginseng · Taegeuk Ginseng | Extraction/Powder | finished product | Public rating |
| Species | essential | succession | succession | succession | tracking | Public/Verified |
| varieties | essential | succession | succession | succession | tracking | Verified |
| origin | essential | essential | essential | succession | mark | Public/Verified |
| cultivation area | essential | succession | succession | succession | tracking | Verified |
| lotus root | core | core | core | Inheritance of raw materials | If necessary | Verified |
| farmhouse | essential | essential | essential | Raw material connection | tracking | Verified |
| Lot | essential | essential | essential | essential | essential | Verified/NDA |
| Harvest day | essential | succession | succession | succession | tracking | Verified |
| appearance | core | core | core | Raw material inspection | QC | Member/Verified |
| Root form | core | Grading | Grading | — | — | Verified |
| weight | essential | essential | essential | Batch | finished product | NDA |
| Size and specifications | core | Grade | Grade | Particle size and solid content | By product | Member |
| rating | Origin standards | Legal/Transaction | Legal/Transaction | Product specifications | Finished product specifications | Verified |
| disease | check | Raw material history | Raw material history | Raw material verification | tracking | Verified |
| Damage/Deterioration | core | test | test | Raw material inspection | QC | Verified |
| alien substance | check | core | core | core | core | Verified |
| moisture | Fresh Management | core | core | By product | By product | Verified |
| color | appearance | White ginseng standard | Red Ginseng and Taegeuk Ginseng Core | By product | sensuality | Verified |
| pesticide residues | core | Verification test | Verification test | Raw material inheritance/inspection | Conformity to standards | Verified/NDA |
| microorganism | If necessary | test | test | core | Conformity to standards | Verified/NDA |
| ginsenoside | If necessary | By Product | Key functional ingredients | standardization | Marking standards | Verified/NDA |
| Cleaning history | essential | succession | succession | succession | tracking | Verified |
| Steaming history | — | — | Red ginseng is essential | succession | tracking | NDA |
| Learning history | — | — | Taegeuksam is essential | succession | tracking | NDA |
| Drying history | — | essential | essential | succession | tracking | Verified/NDA |
| Extraction history | — | — | — | essential | succession | NDA |
| Concentration history | — | — | — | By product | succession | NDA |
| packaging | essential | essential | essential | essential | essential | Verified |
| save | Refrigeration center | Dry storage | Dry storage | By product | By product | Verified |
| Expiration date | By product | By product | By product | By product | essential | Verified |
| Shipment | essential | essential | essential | essential | essential | Verified |
| Returns | record | record | record | record | record | NDA |
| Claim | record | record | record | record | record | NDA |
| Repurchase | Buyer Connection | Buyer Connection | Buyer Connection | Buyer Connection | Buyer Connection | NDA |
The Enforcement Rule of the Ginseng Industry Act separately stipulates the color and manufacturing standards for ginseng products, such as red ginseng, and these standards include hygiene management of raw materials, products, and manufacturing processes. ( Ministry of Government Legislation )
Lot Master Required Field
Lot ID · Item/Product Type · Scientific Name · Variety · Edible Part · Lotus Root · Cultivation Method · Country/Origin/Cultivation Area · Producer · Seed Lot · Planting Date · Harvest Date · Quality Indicators · Weight/Size/Specifications/Grade · Root Shape/Diseases/Appearance Verification · Pesticide Usage Records · Pesticide Residue/Microbiological Test Reports · Fresh Ginseng Storage History · Raw Material Lot · History of White Ginseng Drying/Red Ginseng Steaming/Taegeuk Ginseng Cooking · History of Cutting/Grinding/Extraction/Concentration · Product Specifications such as Ginsenosides · Packaging Date · Use-by Date · Shipper · Returns/Claims · Repurchase
5. Korea Market & Demand Structure
Customers | Purchase criteria | Cooperation opportunities |
| Ginseng Agricultural Cooperatives and Production Area Organizations | Lotus root, variety, grade, and origin | Origin RFQ |
| Wholesale and distribution of fresh ginseng | Freshness, Size, Appearance, Lotus Root | Regular supply |
| White ginseng manufacturers | Fresh ginseng quality and drying suitability | Raw material contract |
| Red ginseng manufacturers | Lotus root, yield, steaming suitability, safety | contract farming |
| Taegeuksam manufacturer | Fresh ginseng standards and processing suitability | Raw material procurement |
| Health functional food manufacturers | Raw Material Specifications · Ginsenoside · COA | Functional ingredient RFQ |
| Extraction and Concentration Companies | Raw materials, yield, and solids | B2B Ingredient |
| Beverage manufacturer | Concentrate, extract, and raw material content | Beverage |
| Confectionery and food manufacturers | Powder, slices, extract | Food Ingredient |
| Samgyetang · Dining Out | Fresh Ginseng Size, Appearance, and Delivery Time | Regular meal supply |
| School and public meals | Safety, Standards, Delivery Time | Fresh ginseng and processed foods |
| Online/Distribution | Origin · Lotus Root · Product | Retail |
| Department stores and duty-free shops | Grade, Brand, Inspection, Packaging | Premium Product |
| OEM·PB | Extraction, Concentration, Refining, Beverage | Private Label |
| export companies | Destination country regulations, inspections, and country of origin | Global RFQ |
| Research Institute | Variety, Ingredients, Cultivation, Processing | R&D |
6. Trade & Supply-chain Intelligence
The ginseng supply chain is structured such that not only domestic production but also various processing stages—including red ginseng, concentrates, and health functional foods—are converted into export products. Since aT's KATI provides agri-food import and export statistics, product information, customs clearance data, and non-tariff barrier information, it links to the Export Runtime as the official source. ( KATI )
step | Key variables | Operational judgment |
| Ginseng Seeds and Seedlings | Variety/Origin | production base |
| Farm cultivation | Region, Year, Weather | Supply |
| harvest | Lotus Root · Quantity · Quality | Raw Lot |
| Mountain area inspection | Grade, lotus root, pesticide residue | Compliance |
| Fresh ginseng distribution | Refrigeration and delivery time | Fresh Trade |
| White ginseng processing | Drying and yield | Dried Product |
| Red ginseng processing | Steaming and drying | Premium Product |
| Extraction and Concentration | Yield and Solids | Ingredient |
| manufacturing of health functional foods | Raw material specifications and functional standards | Finished Product |
| Domestic distribution | Retail, Health & Beauty, Duty-free | Market |
| export | HS · Country of Destination · Country of Origin | Global Trade |
| Customs clearance | Classification of food, health supplements, and agricultural products | Compliance |
| Overseas distribution | Buyer/Distributor | Market Access |
| RFQ | Product Spec·MOQ | transaction |
| Repurchase | Quality, Claims, and Sales Performance | Supplier Score |
Trade Dataset
item | v1.0 processing |
| Fresh Ginseng HS | Future official verification by Korea Customs Service HS-K for each product type |
| Dried Ginseng HS | Verification of detailed codes by product type and processing level |
| Red Ginseng HS | Verification of current HS-K detailed codes |
| Extracts and concentrates | Separate HS verification depending on composition and processing form |
| health functional foods | HS Verification by Finished Product Composition and Product Type |
| Korea's export volume | Input after official verification of raw data by the Korea Customs Service and KATI |
| Korea's export value | Input after official verification of raw data |
| Major exporting countries | Input after verifying formula raw data by base year and product |
| Customs clearance unit prices by country | Calculated within the same HS and same unit |
| FTA | Verification by destination country, HS code, and origin criteria |
| Quarantine | Confirmation by Fresh Ginseng and Processed Ginseng |
| Health Functional Food Regulation | Check country-specific regulations on functionality, ingredients, and labeling |
7. Processing, By-products & PRP Intelligence
Products and processes | Key conditions | RFQ conversion |
| ginseng seedlings | Variety · Health · Lot | Farm RFQ |
| Fresh Root | Lotus Root · Harvest Date | Raw materials from the source |
| Fresh ginseng | Freshness, Grade, Weight | Food Service · Retail |
| Washed fresh ginseng | Washing and refrigeration | School Meals · HMR |
| White ginseng | Non-steamed dried | Food and Exports |
| Red ginseng | Steaming and drying | Premium Health Functional Foods |
| Taegeuksam | Cooking and drying | Tradition and Export |
| slices | Thickness and moisture | Retail |
| powder | Particle size and microorganisms | Food Ingredient |
| Red ginseng powder | Raw Material Lot/Specification | Health Functional Foods |
| extract | Raw materials and extraction conditions | B2B Ingredient |
| concentrate | Solid content and ingredient specifications | Beverages and health supplements |
| Red ginseng concentrate | Specs such as ginsenosides | Premium B2B |
| drinkables | Content · Formula | OEM·PB |
| Tablets, capsules, etc. | Standardized and functional ingredients | Health Functional Food |
| Red ginseng oil | Raw materials, processing, and separate recognition of functional properties | Special Products |
| Non-commercial muscle | Quality and safety | Verification of processing conversion status |
| fine roots and remnants of cuts | Food ingredient suitability | Review of extracted raw materials |
| extraction residue | Residual components and safety | Review of feed, compost, and bio-utilization |
The Ministry of Food and Drug Safety separately manages cases of individually recognized ingredients in addition to general notified ginseng and red ginseng. For example, red ginseng oil (KGC11o) was disclosed as an individually recognized functional ingredient in 2022. This serves as the basis for arguing that red ginseng and red ginseng oil should not be regarded as the same functional product . ( Food Safety Korea )
PRP — Product Research Profile
Ginseng PRP operates with the following structure.
Species Identity → Cultivar → Seed/Seedling → Farm/Soil → Lotus Root → Harvest → Fresh Root Quality → Fresh Ginseng Grade → White Ginseng/Red Ginseng/Taegeuk Ginseng Processing → Ingredients & Safety → Extraction/Concentration → Application → Buyer Specification → RFQ Performance
In particular, separate the Research Profile by Product.
PRP | Key research questions |
| Fresh Ginseng PRP | Which variety, lotus root, and origin of fresh ginseng is suitable for which restaurant or retail specifications? |
| White Ginseng PRP | How do raw fresh ginseng and drying conditions affect the yield and quality of white ginseng? |
| Red Ginseng PRP | How the raw materials—lotus root, steaming, and drying—connect to the Red Ginseng Product Spec |
| Extract PRP | How do ingredients and yields vary depending on the raw material product and extraction/concentration conditions? |
| Health Functional PRP | Do the MFDS functional ingredient specifications match the actual finished product specifications? |
| Export PRP | Do the domestic product match the destination country's regulations, labeling, certifications, and buyer specifications? |
8. AX Transformation
first of all | Execution item | Performance indicators |
| 1 | Species·Variety·Farm·Lot required values | Essential Field Completion Rate |
| 2 | Separation of Fresh Ginseng, White Ginseng, Red Ginseng, Taegeuk Ginseng, Powder, and Concentrate Products | Product identification rate |
| 3 | Soil, Weather, Pests and Diseases, Growth, and Harvest Link | Field–Lot Connection Rate |
| 4 | Ginseng seedling → Packaging → Root traceability data conversion | Traceability completion rate |
| 5 | Quality, Inspection, Pesticide Residues, and COA Connection | Certificate–Lot Connection Rate |
| 6 | Video AI Sorting of Fresh Ginseng by Size, Shape, and Damage | Selection accuracy |
| 7 | Diagnosis of AI pests, diseases, and growth abnormalities | Early detection rate |
| 8 | Prediction of yield and production volume by root type | Forecast error |
| 9 | Prediction of fresh ginseng storage and marketability | Loss and disposal rate |
| 10 | Prediction of processing yields for red and white ginseng | Yield error |
| 11 | Concentration, Extraction Yield, and Component Prediction | Process Prediction |
| 12 | Product–Buyer AI Match | RFQ → Sample Conversion Rate |
| 13 | Export country regulations Runtime connection | Customs rejection and supplementation rates |
| 14 | Buyer Ratings & Repurchase Link | Repeat Order Rate |
9. Industry Problem Bank
Problem group | Problem Definition | Required data |
| Mixed Species | Confusion between Korean ginseng and other Panax species | Scientific Name |
| Unmanaged varieties | Difficulty in tracing the cause of differences in cultivation and quality | Cultivar |
| Lotus root misprint | Distortion in judgment of quality, price, and processing suitability | Planting/Harvest Date |
| Discontinuation of ginseng seedling history | Insufficient connection from seed to ginseng seedling to main field | Seedling Lot |
| Planned Site · Soil Risk | long-term impact on cultivation productivity | Soil Dataset |
| Continuous cropping and soil-borne diseases | Decline in production stability | Field History |
| Climate Risk | Impact of long-term cultivation due to high temperatures, rainfall, drought, etc. | Climate |
| pests | Effects on quantity, appearance, and pesticide residue | Pest/Spray |
| Production variation | Long-term contract supply instability | Yield Forecast |
| Variation in harvested lotus roots | Buyer · Mismatch in processing purpose | lotus root |
| fresh ginseng storage loss | Fresh Product Loss | Cold Chain |
| Fresh Ginseng – Processing Lot Disconnection | Red ginseng and white ginseng ingredients cannot be traced back | Genealogy |
| Processing yield deviation | Differences based on raw materials and process conditions | Process Yield |
| Lotus Root & Grade Inspection | Possibility of discrepancies between legal and transaction standards | Inspection |
| pesticide residues | Difference between domestic and export standards | Spray·COA |
| microorganism | Powder, Extract, and Finished Product Safety | Test |
| Confusion regarding functional ingredients | Confused claims regarding general foods and health functional foods | MFDS Classification |
| Ginsenoside specifications | Standard management by raw material and product is necessary | Analysis |
| Mixed origins | Impact on domestic and imported prices and trust | Origin |
| export restrictions | Differences in Functionality and Labeling Regulations by Country | Regulatory Dataset |
| Inventory Risk | Long-term inventory of dried ginseng, red ginseng, and concentrate | Inventory |
| Buyer Spec Discrepancy | Buyer requirements for fresh ginseng, processed ginseng, and health supplements differ | RFQ |
| Repurchase data disconnection | Actual sales and quality performance not reflected | Buyer Evaluation |
10. Farmer RFQ & Collaboration Model
RFQ Type | Public Registration | Verify/NDA |
| ginseng seedling supply | Variety · Region · General Standard | Producer, Quantity, Unit Price |
| Fresh ginseng source procurement | Lotus Root · Origin · General Grade | Farm · Lot · Actual Quantity · Price |
| Fresh ginseng sales | Lotus root, specifications, and harvest period | Inventory/Unit Price |
| Regular supply | Product · Specification · Period | Monthly Volume and Contract Unit Price |
| contract farming | Variety · Target Lotus Root · Uses | Farms, Area, and Purchase Conditions |
| White ginseng ingredients | Lotus root · Standard | Yield · Lot · Price |
| Red ginseng ingredients | Lotus Root · Processing Suitability | COA · Yield · Price |
| Taegeuksam | Product Type | Fairness · Grade · Price |
| Ginseng powder | Particle size and raw materials | MOQ·COA |
| Red ginseng powder | Raw Materials · General Spec | Ingredients and Price |
| Ginseng extract | Raw Material Product · Use | Extraction conditions and concentration |
| Red ginseng extract | Red ginseng raw materials · General specifications | Ginsenosides · Process |
| concentrate | Solid content/raw material type | Formula · Price |
| health functional foods | Types of functional ingredients | Standards, manufacturing notification, contract |
| ginseng drink | Product Concept | Formula·MOQ |
| Dining Out & School Meals | Fresh ginseng · Washed fresh ginseng | Delivery Cycle · Actual Unit Price |
| HMR | Fresh ginseng, concentrate, powder | Recipe·MOQ |
| OEM·PB | Beverages, concentrates, tablets, and powders | Formula · Cost · Contract |
| export | Product · Destination Country | HS·Regulation·Price |
| Technology demonstration | Farms, AI Sorting, Processing | raw data |
| Research cooperation | Variety, Cultivation, Ingredients, Processing | IP and test materials |
11. RFQ Request First
① Need Products & Materials
Companies and institutions seeking necessary products, agricultural products, raw materials, and processed goods register purchasing demands. Registered requests are utilized to review cooperation with potential suppliers and producers based on the RFQ Intelligence Library.
Process:
RFQ Registration → Supplier/Product Review → Collaboration Connection → Future AI Matching
Register
② We are looking for production and manufacturing partners. (Need Suppliers & Manufacturers)
Register a request to find necessary production and supply partners, ranging from farms and producer organizations to processing companies, OEM, ODM, and Private Label manufacturers.
Process:
RFQ Registration → Review of Production & Manufacturing Capabilities → Collaboration Connection → Future AI Partner Matching
Register
③ We are looking for domestic and international buyers. (Need Buyers)
Farmers, producer organizations, and manufacturing companies are requesting cooperation with new buyers, such as domestic and international distributors, importers, brand companies, and food service and catering businesses.
Process:
RFQ Registration → Product & Supply Capability Review → Market & Buyer Connection → Future AI Buyer Matching
Register
Contact : mail@markethub.org
Version History
Version | Main contents | situation |
| v1.0 | FP-11 First Entity, Registration of Basic Structure for Plant Identity, Lotus Root, Fresh Ginseng, White Ginseng, Red Ginseng, Taegeuk Ginseng, Processing, Functionality, and RFQ | complete |
| v1.1 | Verification of the latest official raw data on domestic production, regional lotus roots, markets, and HS import/export. | expected |
| v2.0 | Quality, processing, and PRP subdivision by fresh ginseng, white ginseng, red ginseng, Taegeuk ginseng, powder, extract, concentrate, and health functional food | expected |
| v3.0 | Ginseng Seedlings & Farms – Origin Distribution & Inspection – Ginseng Processing – Health Functional Food Manufacturing – Combination of Domestic & International Buyer Verified Containers | expected |
