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The ginseng market is forecasted to grow by USD 195.03 mn during 2023-2028, accelerating at a CAGR of 5.05% during the forecast period. The report on the ginseng market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising awareness of the health benefits of ginseng, the growing popularity of herbal supplements, and increasing demand for ginseng-based beauty and skincare products.
The ginseng market is segmented as below:
By Distribution Channel
- RS and CS
- Online
By Application
- Dietary supplements
- Pharmaceutical products
- Functional food and beverage processing
By Geography
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the ginseng market covers the following areas:
- Ginseng market sizing
- Ginseng market forecast
- Ginseng market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global ginseng market: AOS Products Pvt. Ltd., Auragin LLC, Bio Botanica Inc., Botalys SA, Herbal Creations, KAVYA PHARMA, Korea Ginseng Corp., MotherTree Nutra Pvt. Ltd., Natures Way Brands LLC, Nestle SA, Uniray Life Sciences, Velnex Medicare, Zoic Pharmaceuticals Pvt. Ltd., Bob Ginseng LLC, Canada Royal Enoch Phytomedicine Ltd., Ethical Naturals Inc., FREDERIC M, and G and G Century M Sdn Bhd.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increased demand for organic ginseng products.'
According to the report, one of the major drivers for this market is the rising awareness of health benefits of ginseng.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AOS Products Pvt. Ltd.
- Auragin LLC
- Bio Botanica Inc.
- Botalys SA
- Herbal Creations
- KAVYA PHARMA
- Korea Ginseng Corp.
- MotherTree Nutra Pvt. Ltd.
- Natures Way Brands LLC
- Nestle SA
- Uniray Life Sciences
- Velnex Medicare
- Zoic Pharmaceuticals Pvt. Ltd.
- Bob Ginseng LLC
- Canada Royal Enoch Phytomedicine Ltd.
- Ethical Naturals Inc.
- FREDERIC M
- G and G Century M Sdn Bhd
