Ginseng Market Size, Competitors, Trends & Forecast to 2032

The ginseng market is evolving into a pivotal arena for product innovation, strategic sourcing, and cross-sector integration, presenting executives with actionable opportunities and mounting operational complexities.

Market Snapshot: Ginseng Market Size and Growth

The ginseng market grew from USD 917.93 million in 2025 to USD 970.91 million in 2026. It is forecast to sustain a compound annual growth rate (CAGR) of 5.48%, reaching USD 1.33 billion by 2032. This steady expansion signals increased strategic interest from sectors seeking botanical ingredients with proven bioactivity and heritage value.

Scope & Segmentation

Species: Panax Ginseng, Panax Japonicus, Panax Notoginseng, and Panax Quinquefolius, each offering distinct biochemical characteristics relevant to formulation and positioning.
Form: Capsules & Tablets, Extract, Powder, and Whole Root, driven by factors such as convenience, manufacturing processes, and stability.
Source: Cultivated and Wild ginseng, reflecting diverse sustainability practices and risk profiles.
Distribution Channel: Offline channels (specialty stores, supermarkets) and Online channels (brand websites, e-commerce websites), each shaping consumer reach and storytelling potential.
Application: Dietary Supplements, Foods & Beverages (including Energy Drinks, Functional Foods, Herbal Teas), Personal Care & Cosmetics (Haircare, Skincare), and Pharmaceuticals—offering tailored avenues for innovation and margin optimization.
Regions: Americas, Europe Middle East & Africa, and Asia-Pacific, each marked by differing consumer behaviors, supply chain dynamics, and regulatory contexts.

Key Takeaways

Ginseng is increasingly viewed as a strategic asset beyond traditional remedies, intersecting dietary, functional food, cosmetic, and pharmaceutical markets.
Consumer demand is becoming more segmented, with preferences split between traditional whole-root products and modern, evidence-based convenience formats.
Emerging extraction and authentication technologies are facilitating quality control and supporting premium claims, shaping supplier and brand differentiation.
Supply resilience initiatives—including controlled-environment agriculture—are mitigating volatility and strengthening traceability across the value chain.
Regulatory scrutiny on botanical claims is intensifying, placing a premium on clinical validation and documentation for market access.
Strategic partnerships between growers, processors, and brands are central to accelerated innovation and quality assurance in competitive environments.

Tariff Impact: U.S. Policy Dynamics

Recent tariff changes in the United States are adding complexity to sourcing, pricing, and operational planning for ginseng stakeholders. These policies force supply chain and procurement leaders to reconsider origin diversification, contract structures, and throughput costs. Tactical adjustments, such as inventory increases and renegotiation of supplier terms, are common responses. Premium positioning strategies may focus on provenance and traceable quality as a rationale for higher input costs, whereas cost-sensitive players may explore format shifts to preserve margin.

Methodology & Data Sources

This report is built on a robust multi-method research framework. It includes interviews with stakeholders spanning growers, processors, brand managers, and regulatory experts; reviews of technical literature and clinical studies; and mapping of supply chain systems and logistical constraints. Data integrity is maintained by triangulating primary and secondary sources, supporting confident decision-making across procurement, R&D, and market strategy.

Why This Report Matters

Enables senior leaders to identify risk and opportunity intersections across species, form, source, channel, and region, streamlining due diligence and portfolio innovation.
Equips teams to strengthen traceability, optimize operational resilience, and align product development to fast-changing consumer and regulatory priorities.
Provides practical insights for navigating tariff-driven volatility and leveraging technology for quality differentiation in global markets.

Conclusion

The ginseng market’s multi-dimensional challenges and growth opportunities demand integrated, evidence-led, and region-aware strategies. Organizations that invest in rigorous quality, flexible supply chain models, and targeted product-channel alignment will be best positioned to capture commercial resilience and growth.

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1. Preface

1.1. Objectives of the Study
1.2. Market Definition
1.3. Market Segmentation & Coverage
1.4. Years Considered for the Study
1.5. Currency Considered for the Study
1.6. Language Considered for the Study
1.7. Key Stakeholders

2. Research Methodology

2.1. Introduction
2.2. Research Design
2.2.1. Primary Research
2.2.2. Secondary Research
2.3. Research Framework
2.3.1. Qualitative Analysis
2.3.2. Quantitative Analysis
2.4. Market Size Estimation
2.4.1. Top-Down Approach
2.4.2. Bottom-Up Approach
2.5. Data Triangulation
2.6. Research Outcomes
2.7. Research Assumptions
2.8. Research Limitations

3. Executive Summary

3.1. Introduction
3.2. CXO Perspective
3.3. Market Size & Growth Trends
3.4. Market Share Analysis, 2025
3.5. FPNV Positioning Matrix, 2025
3.6. New Revenue Opportunities
3.7. Next-Generation Business Models
3.8. Industry Roadmap

4. Market Overview

4.1. Introduction
4.2. Industry Ecosystem & Value Chain Analysis
4.2.1. Supply-Side Analysis
4.2.2. Demand-Side Analysis
4.2.3. Stakeholder Analysis
4.3. Porter’s Five Forces Analysis
4.4. PESTLE Analysis
4.5. Market Outlook
4.5.1. Near-Term Market Outlook (0-2 Years)
4.5.2. Medium-Term Market Outlook (3-5 Years)
4.5.3. Long-Term Market Outlook (5-10 Years)
4.6. Go-to-Market Strategy

5. Market Insights

5.1. Consumer Insights & End-User Perspective
5.2. Consumer Experience Benchmarking
5.3. Opportunity Mapping
5.4. Distribution Channel Analysis
5.5. Pricing Trend Analysis
5.6. Regulatory Compliance & Standards Framework
5.7. ESG & Sustainability Analysis
5.8. Disruption & Risk Scenarios
5.9. Return on Investment & Cost-Benefit Analysis

6. Cumulative Impact of United States Tariffs 2025
7. Cumulative Impact of Artificial Intelligence 2025

8. Ginseng Market, by Product Type

8.1. Panax Ginseng
8.2. Panax Japonicus
8.3. Panax Notoginseng
8.4. Panax Quinquefolius

9. Ginseng Market, by Form

9.1. Capsules & Tablets
9.2. Extract
9.3. Powder
9.4. Whole Root

10. Ginseng Market, by Source

10.1. Cultivated
10.2. Wild

11. Ginseng Market, by Distribution Channel

11.1. Offline
11.1.1. Specialty Stores
11.1.2. Supermarkets
11.2. Online
11.2.1. Brand Websites
11.2.2. E-Commerce Websites

12. Ginseng Market, by Application

12.1. Dietary Supplements
12.2. Foods & Beverages
12.2.1. Energy Drinks
12.2.2. Functional Foods
12.2.3. Herbal Teas
12.3. Personal Care & Cosmetics
12.3.1. Haircare
12.3.2. Skincare
12.4. Pharmaceuticals

13. Ginseng Market, by Region

13.1. Americas
13.1.1. North America
13.1.2. Latin America
13.2. Europe, Middle East & Africa
13.2.1. Europe
13.2.2. Middle East
13.2.3. Africa
13.3. Asia-Pacific

14. Ginseng Market, by Group

14.1. ASEAN
14.2. GCC
14.3. European Union
14.4. BRICS
14.5. G7
14.6. NATO

15. Ginseng Market, by Country

15.1. United States
15.2. Canada
15.3. Mexico
15.4. Brazil
15.5. United Kingdom
15.6. Germany
15.7. France
15.8. Russia
15.9. Italy
15.10. Spain
15.11. China
15.12. India
15.13. Japan
15.14. Australia
15.15. South Korea

16. United States Ginseng Market
17. China Ginseng Market

18. Competitive Landscape

18.1. Market Concentration Analysis, 2025
18.1.1. Concentration Ratio (CR)
18.1.2. Herfindahl Hirschman Index (HHI)
18.2. Recent Developments & Impact Analysis, 2025
18.3. Product Portfolio Analysis, 2025
18.4. Benchmarking Analysis, 2025
18.5. Anhui Keynovo Biotech Co., Ltd.
18.6. Asieco
18.7. Botalys S.A.
18.8. Chuckling Goat Ltd.
18.9. Cobiosa
18.10. Euromed S.A.
18.11. Greenutra Resource Inc.
18.12. Herbadiet by Arkure Health Care
18.13. Hunan Sunfull Bio-Tech Co., Ltd.
18.14. Hybrid Herbs
18.15. Ilhwa Co. Ltd.
18.16. International Flavors & Fragrances Inc.
18.17. Korea Ginseng Corporation
18.18. Na'vi Organics
18.19. Nature's Answer by Bio Answer Holdings Inc.
18.20. NOW Health Group, Inc.
18.21. Nuts About Life Pty Ltd.
18.22. Oils and Herbs UK
18.23. Rainey Ginseng Farms Ltd.
18.24. RFI Ingredients, Inc.
18.25. Sanyuan Jinrui Natural Ingredients Co., Ltd.
18.26. Shaanxi Shineherb Biotech Co., Ltd.
18.27. Shandong Freda Biotechnology Co.,Ltd.
18.28. Wellgreen Technology Co.,Ltd.
18.29. Xi'an Faitury Bio-Tech Co., Ltd.
18.30. Xi'an Healthful Biotechnology Co.,Ltd
18.31. Xinshao Nanmo Biotechnology Co.,Ltd

List of Figures

FIGURE 1. GLOBAL GINSENG MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 2. GLOBAL GINSENG MARKET SHARE, BY KEY PLAYER, 2025
FIGURE 3. GLOBAL GINSENG MARKET, FPNV POSITIONING MATRIX, 2025
FIGURE 4. GLOBAL GINSENG MARKET SIZE, BY PRODUCT TYPE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 5. GLOBAL GINSENG MARKET SIZE, BY FORM, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 6. GLOBAL GINSENG MARKET SIZE, BY SOURCE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 7. GLOBAL GINSENG MARKET SIZE, BY DISTRIBUTION CHANNEL, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 8. GLOBAL GINSENG MARKET SIZE, BY APPLICATION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 9. GLOBAL GINSENG MARKET SIZE, BY REGION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 10. GLOBAL GINSENG MARKET SIZE, BY GROUP, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 11. GLOBAL GINSENG MARKET SIZE, BY COUNTRY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 12. UNITED STATES GINSENG MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 13. CHINA GINSENG MARKET SIZE, 2018-2032 (USD MILLION)

List of Tables

TABLE 1. GLOBAL GINSENG MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 2. GLOBAL GINSENG MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 3. GLOBAL GINSENG MARKET SIZE, BY PANAX GINSENG, BY REGION, 2018-2032 (USD MILLION)
TABLE 4. GLOBAL GINSENG MARKET SIZE, BY PANAX GINSENG, BY GROUP, 2018-2032 (USD MILLION)
TABLE 5. GLOBAL GINSENG MARKET SIZE, BY PANAX GINSENG, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 6. GLOBAL GINSENG MARKET SIZE, BY PANAX JAPONICUS, BY REGION, 2018-2032 (USD MILLION)
TABLE 7. GLOBAL GINSENG MARKET SIZE, BY PANAX JAPONICUS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 8. GLOBAL GINSENG MARKET SIZE, BY PANAX JAPONICUS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 9. GLOBAL GINSENG MARKET SIZE, BY PANAX NOTOGINSENG, BY REGION, 2018-2032 (USD MILLION)
TABLE 10. GLOBAL GINSENG MARKET SIZE, BY PANAX NOTOGINSENG, BY GROUP, 2018-2032 (USD MILLION)
TABLE 11. GLOBAL GINSENG MARKET SIZE, BY PANAX NOTOGINSENG, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 12. GLOBAL GINSENG MARKET SIZE, BY PANAX QUINQUEFOLIUS, BY REGION, 2018-2032 (USD MILLION)
TABLE 13. GLOBAL GINSENG MARKET SIZE, BY PANAX QUINQUEFOLIUS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 14. GLOBAL GINSENG MARKET SIZE, BY PANAX QUINQUEFOLIUS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 15. GLOBAL GINSENG MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 16. GLOBAL GINSENG MARKET SIZE, BY CAPSULES & TABLETS, BY REGION, 2018-2032 (USD MILLION)
TABLE 17. GLOBAL GINSENG MARKET SIZE, BY CAPSULES & TABLETS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 18. GLOBAL GINSENG MARKET SIZE, BY CAPSULES & TABLETS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 19. GLOBAL GINSENG MARKET SIZE, BY EXTRACT, BY REGION, 2018-2032 (USD MILLION)
TABLE 20. GLOBAL GINSENG MARKET SIZE, BY EXTRACT, BY GROUP, 2018-2032 (USD MILLION)
TABLE 21. GLOBAL GINSENG MARKET SIZE, BY EXTRACT, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 22. GLOBAL GINSENG MARKET SIZE, BY POWDER, BY REGION, 2018-2032 (USD MILLION)
TABLE 23. GLOBAL GINSENG MARKET SIZE, BY POWDER, BY GROUP, 2018-2032 (USD MILLION)
TABLE 24. GLOBAL GINSENG MARKET SIZE, BY POWDER, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 25. GLOBAL GINSENG MARKET SIZE, BY WHOLE ROOT, BY REGION, 2018-2032 (USD MILLION)
TABLE 26. GLOBAL GINSENG MARKET SIZE, BY WHOLE ROOT, BY GROUP, 2018-2032 (USD MILLION)
TABLE 27. GLOBAL GINSENG MARKET SIZE, BY WHOLE ROOT, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 28. GLOBAL GINSENG MARKET SIZE, BY SOURCE, 2018-2032 (USD MILLION)
TABLE 29. GLOBAL GINSENG MARKET SIZE, BY CULTIVATED, BY REGION, 2018-2032 (USD MILLION)
TABLE 30. GLOBAL GINSENG MARKET SIZE, BY CULTIVATED, BY GROUP, 2018-2032 (USD MILLION)
TABLE 31. GLOBAL GINSENG MARKET SIZE, BY CULTIVATED, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 32. GLOBAL GINSENG MARKET SIZE, BY WILD, BY REGION, 2018-2032 (USD MILLION)
TABLE 33. GLOBAL GINSENG MARKET SIZE, BY WILD, BY GROUP, 2018-2032 (USD MILLION)
TABLE 34. GLOBAL GINSENG MARKET SIZE, BY WILD, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 35. GLOBAL GINSENG MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 36. GLOBAL GINSENG MARKET SIZE, BY OFFLINE, BY REGION, 2018-2032 (USD MILLION)
TABLE 37. GLOBAL GINSENG MARKET SIZE, BY OFFLINE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 38. GLOBAL GINSENG MARKET SIZE, BY OFFLINE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 39. GLOBAL GINSENG MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 40. GLOBAL GINSENG MARKET SIZE, BY SPECIALTY STORES, BY REGION, 2018-2032 (USD MILLION)
TABLE 41. GLOBAL GINSENG MARKET SIZE, BY SPECIALTY STORES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 42. GLOBAL GINSENG MARKET SIZE, BY SPECIALTY STORES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 43. GLOBAL GINSENG MARKET SIZE, BY SUPERMARKETS, BY REGION, 2018-2032 (USD MILLION)
TABLE 44. GLOBAL GINSENG MARKET SIZE, BY SUPERMARKETS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 45. GLOBAL GINSENG MARKET SIZE, BY SUPERMARKETS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 46. GLOBAL GINSENG MARKET SIZE, BY ONLINE, BY REGION, 2018-2032 (USD MILLION)
TABLE 47. GLOBAL GINSENG MARKET SIZE, BY ONLINE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 48. GLOBAL GINSENG MARKET SIZE, BY ONLINE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 49. GLOBAL GINSENG MARKET SIZE, BY ONLINE, 2018-2032 (USD MILLION)
TABLE 50. GLOBAL GINSENG MARKET SIZE, BY BRAND WEBSITES, BY REGION, 2018-2032 (USD MILLION)
TABLE 51. GLOBAL GINSENG MARKET SIZE, BY BRAND WEBSITES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 52. GLOBAL GINSENG MARKET SIZE, BY BRAND WEBSITES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 53. GLOBAL GINSENG MARKET SIZE, BY E-COMMERCE WEBSITES, BY REGION, 2018-2032 (USD MILLION)
TABLE 54. GLOBAL GINSENG MARKET SIZE, BY E-COMMERCE WEBSITES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 55. GLOBAL GINSENG MARKET SIZE, BY E-COMMERCE WEBSITES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 56. GLOBAL GINSENG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 57. GLOBAL GINSENG MARKET SIZE, BY DIETARY SUPPLEMENTS, BY REGION, 2018-2032 (USD MILLION)
TABLE 58. GLOBAL GINSENG MARKET SIZE, BY DIETARY SUPPLEMENTS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 59. GLOBAL GINSENG MARKET SIZE, BY DIETARY SUPPLEMENTS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 60. GLOBAL GINSENG MARKET SIZE, BY FOODS & BEVERAGES, BY REGION, 2018-2032 (USD MILLION)
TABLE 61. GLOBAL GINSENG MARKET SIZE, BY FOODS & BEVERAGES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 62. GLOBAL GINSENG MARKET SIZE, BY FOODS & BEVERAGES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 63. GLOBAL GINSENG MARKET SIZE, BY FOODS & BEVERAGES, 2018-2032 (USD MILLION)
TABLE 64. GLOBAL GINSENG MARKET SIZE, BY ENERGY DRINKS, BY REGION, 2018-2032 (USD MILLION)
TABLE 65. GLOBAL GINSENG MARKET SIZE, BY ENERGY DRINKS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 66. GLOBAL GINSENG MARKET SIZE, BY ENERGY DRINKS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 67. GLOBAL GINSENG MARKET SIZE, BY FUNCTIONAL FOODS, BY REGION, 2018-2032 (USD MILLION)
TABLE 68. GLOBAL GINSENG MARKET SIZE, BY FUNCTIONAL FOODS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 69. GLOBAL GINSENG MARKET SIZE, BY FUNCTIONAL FOODS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 70. GLOBAL GINSENG MARKET SIZE, BY HERBAL TEAS, BY REGION, 2018-2032 (USD MILLION)
TABLE 71. GLOBAL GINSENG MARKET SIZE, BY HERBAL TEAS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 72. GLOBAL GINSENG MARKET SIZE, BY HERBAL TEAS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 73. GLOBAL GINSENG MARKET SIZE, BY PERSONAL CARE & COSMETICS, BY REGION, 2018-2032 (USD MILLION)
TABLE 74. GLOBAL GINSENG MARKET SIZE, BY PERSONAL CARE & COSMETICS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 75. GLOBAL GINSENG MARKET SIZE, BY PERSONAL CARE & COSMETICS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 76. GLOBAL GINSENG MARKET SIZE, BY PERSONAL CARE & COSMETICS, 2018-2032 (USD MILLION)
TABLE 77. GLOBAL GINSENG MARKET SIZE, BY HAIRCARE, BY REGION, 2018-2032 (USD MILLION)
TABLE 78. GLOBAL GINSENG MARKET SIZE, BY HAIRCARE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 79. GLOBAL GINSENG MARKET SIZE, BY HAIRCARE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 80. GLOBAL GINSENG MARKET SIZE, BY SKINCARE, BY REGION, 2018-2032 (USD MILLION)
TABLE 81. GLOBAL GINSENG MARKET SIZE, BY SKINCARE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 82. GLOBAL GINSENG MARKET SIZE, BY SKINCARE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 83. GLOBAL GINSENG MARKET SIZE, BY PHARMACEUTICALS, BY REGION, 2018-2032 (USD MILLION)
TABLE 84. GLOBAL GINSENG MARKET SIZE, BY PHARMACEUTICALS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 85. GLOBAL GINSENG MARKET SIZE, BY PHARMACEUTICALS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 86. GLOBAL GINSENG MARKET SIZE, BY REGION, 2018-2032 (USD MILLION)
TABLE 87. AMERICAS GINSENG MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 88. AMERICAS GINSENG MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 89. AMERICAS GINSENG MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 90. AMERICAS GINSENG MARKET SIZE, BY SOURCE, 2018-2032 (USD MILLION)
TABLE 91. AMERICAS GINSENG MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 92. AMERICAS GINSENG MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 93. AMERICAS GINSENG MARKET SIZE, BY ONLINE, 2018-2032 (USD MILLION)
TABLE 94. AMERICAS GINSENG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 95. AMERICAS GINSENG MARKET SIZE, BY FOODS & BEVERAGES, 2018-2032 (USD MILLION)
TABLE 96. AMERICAS GINSENG MARKET SIZE, BY PERSONAL CARE & COSMETICS, 2018-2032 (USD MILLION)
TABLE 97. NORTH AMERICA GINSENG MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 98. NORTH AMERICA GINSENG MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 99. NORTH AMERICA GINSENG MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 100. NORTH AMERICA GINSENG MARKET SIZE, BY SOURCE, 2018-2032 (USD MILLION)
TABLE 101. NORTH AMERICA GINSENG MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 102. NORTH AMERICA GINSENG MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 103. NORTH AMERICA GINSENG MARKET SIZE, BY ONLINE, 2018-2032 (USD MILLION)
TABLE 104. NORTH AMERICA GINSENG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 105. NORTH AMERICA GINSENG MARKET SIZE, BY FOODS & BEVERAGES, 2018-2032 (USD MILLION)
TABLE 106. NORTH AMERICA GINSENG MARKET SIZE, BY PERSONAL CARE & COSMETICS, 2018-2032 (USD MILLION)
TABLE 107. LATIN AMERICA GINSENG MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 108. LATIN AMERICA GINSENG MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 109. LATIN AMERICA GINSENG MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 110. LATIN AMERICA GINSENG MARKET SIZE, BY SOURCE, 2018-2032 (USD MILLION)
TABLE 111. LATIN AMERICA GINSENG MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 112. LATIN AMERICA GINSENG MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 113. LATIN AMERICA GINSENG MARKET SIZE, BY ONLINE, 2018-2032 (USD MILLION)
TABLE 114. LATIN AMERICA GINSENG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 115. LATIN AMERICA GINSENG MARKET SIZE, BY FOODS & BEVERAGES, 2018-2032 (USD MILLION)
TABLE 116. LATIN AMERICA GINSENG MARKET SIZE, BY PERSONAL CARE & COSMETICS, 2018-2032 (USD MILLION)
TABLE 117. EUROPE, MIDDLE EAST & AFRICA GINSENG MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 118. EUROPE, MIDDLE EAST & AFRICA GINSENG MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 119. EUROPE, MIDDLE EAST & AFRICA GINSENG MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 120. EUROPE, MIDDLE EAST & AFRICA GINSENG MARKET SIZE, BY SOURCE, 2018-2032 (USD MILLION)
TABLE 121. EUROPE, MIDDLE EAST & AFRICA GINSENG MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 122. EUROPE, MIDDLE EAST & AFRICA GINSENG MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 123. EUROPE, MIDDLE EAST & AFRICA GINSENG MARKET SIZE, BY ONLINE, 2018-2032 (USD MILLION)
TABLE 124. EUROPE, MIDDLE EAST & AFRICA GINSENG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 125. EUROPE, MIDDLE EAST & AFRICA GINSENG MARKET SIZE, BY FOODS & BEVERAGES, 2018-2032 (USD MILLION)
TABLE 126. EUROPE, MIDDLE EAST & AFRICA GINSENG MARKET SIZE, BY PERSONAL CARE & COSMETICS, 2018-2032 (USD MILLION)
TABLE 127. EUROPE GINSENG MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 128. EUROPE GINSENG MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 129. EUROPE GINSENG MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 130. EUROPE GINSENG MARKET SIZE, BY SOURCE, 2018-2032 (USD MILLION)
TABLE 131. EUROPE GINSENG MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 132. EUROPE GINSENG MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 133. EUROPE GINSENG MARKET SIZE, BY ONLINE, 2018-2032 (USD MILLION)
TABLE 134. EUROPE GINSENG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 135. EUROPE GINSENG MARKET SIZE, BY FOODS & BEVERAGES, 2018-2032 (USD MILLION)
TABLE 136. EUROPE GINSENG MARKET SIZE, BY PERSONAL CARE & COSMETICS, 2018-2032 (USD MILLION)
TABLE 137. MIDDLE EAST GINSENG MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 138. MIDDLE EAST GINSENG MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 139. MIDDLE EAST GINSENG MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 140. MIDDLE EAST GINSENG MARKET SIZE, BY SOURCE, 2018-2032 (USD MILLION)
TABLE 141. MIDDLE EAST GINSENG MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 142. MIDDLE EAST GINSENG MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 143. MIDDLE EAST GINSENG MARKET SIZE, BY ONLINE, 2018-2032 (USD MILLION)
TABLE 144. MIDDLE EAST GINSENG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 145. MIDDLE EAST GINSENG MARKET SIZE, BY FOODS & BEVERAGES, 2018-2032 (USD MILLION)
TABLE 146. MIDDLE EAST GINSENG MARKET SIZE, BY PERSONAL CARE & COSMETICS, 2018-2032 (USD MILLION)
TABLE 147. AFRICA GINSENG MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 148. AFRICA GINSENG MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 149. AFRICA GINSENG MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 150. AFRICA GINSENG MARKET SIZE, BY SOURCE, 2018-2032 (USD MILLION)
TABLE 151. AFRICA GINSENG MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 152. AFRICA GINSENG MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 153. AFRICA GINSENG MARKET SIZE, BY ONLINE, 2018-2032 (USD MILLION)
TABLE 154. AFRICA GINSENG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 155. AFRICA GINSENG MARKET SIZE, BY FOODS & BEVERAGES, 2018-2032 (USD MILLION)
TABLE 156. AFRICA GINSENG MARKET SIZE, BY PERSONAL CARE & COSMETICS, 2018-2032 (USD MILLION)
TABLE 157. ASIA-PACIFIC GINSENG MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 158. ASIA-PACIFIC GINSENG MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 159. ASIA-PACIFIC GINSENG MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 160. ASIA-PACIFIC GINSENG MARKET SIZE, BY SOURCE, 2018-2032 (USD MILLION)
TABLE 161. ASIA-PACIFIC GINSENG MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 162. ASIA-PACIFIC GINSENG MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 163. ASIA-PACIFIC GINSENG MARKET SIZE, BY ONLINE, 2018-2032 (USD MILLION)
TABLE 164. ASIA-PACIFIC GINSENG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 165. ASIA-PACIFIC GINSENG MARKET SIZE, BY FOODS & BEVERAGES, 2018-2032 (USD MILLION)
TABLE 166. ASIA-PACIFIC GINSENG MARKET SIZE, BY PERSONAL CARE & COSMETICS, 2018-2032 (USD MILLION)
TABLE 167. GLOBAL GINSENG MARKET SIZE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 168. ASEAN GINSENG MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 169. ASEAN GINSENG MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 170. ASEAN GINSENG MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 171. ASEAN GINSENG MARKET SIZE, BY SOURCE, 2018-2032 (USD MILLION)
TABLE 172. ASEAN GINSENG MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 173. ASEAN GINSENG MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 174. ASEAN GINSENG MARKET SIZE, BY ONLINE, 2018-2032 (USD MILLION)
TABLE 175. ASEAN GINSENG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 176. ASEAN GINSENG MARKET SIZE, BY FOODS & BEVERAGES, 2018-2032 (USD MILLION)
TABLE 177. ASEAN GINSENG MARKET SIZE, BY PERSONAL CARE & COSMETICS, 2018-2032 (USD MILLION)
TABLE 178. GCC GINSENG MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 179. GCC GINSENG MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 180. GCC GINSENG MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 181. GCC GINSENG MARKET SIZE, BY SOURCE, 2018-2032 (USD MILLION)
TABLE 182. GCC GINSENG MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 183. GCC GINSENG MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 184. GCC GINSENG MARKET SIZE, BY ONLINE, 2018-2032 (USD MILLION)
TABLE 185. GCC GINSENG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 186. GCC GINSENG MARKET SIZE, BY FOODS & BEVERAGES, 2018-2032 (USD MILLION)
TABLE 187. GCC GINSENG MARKET SIZE, BY PERSONAL CARE & COSMETICS, 2018-2032 (USD MILLION)
TABLE 188. EUROPEAN UNION GINSENG MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 189. EUROPEAN UNION GINSENG MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 190. EUROPEAN UNION GINSENG MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 191. EUROPEAN UNION GINSENG MARKET SIZE, BY SOURCE, 2018-2032 (USD MILLION)
TABLE 192. EUROPEAN UNION GINSENG MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 193. EUROPEAN UNION GINSENG MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 194. EUROPEAN UNION GINSENG MARKET SIZE, BY ONLINE, 2018-2032 (USD MILLION)
TABLE 195. EUROPEAN UNION GINSENG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 196. EUROPEAN UNION GINSENG MARKET SIZE, BY FOODS & BEVERAGES, 2018-2032 (USD MILLION)
TABLE 197. EUROPEAN UNION GINSENG MARKET SIZE, BY PERSONAL CARE & COSMETICS, 2018-2032 (USD MILLION)
TABLE 198. BRICS GINSENG MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 199. BRICS GINSENG MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 200. BRICS GINSENG MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 201. BRICS GINSENG MARKET SIZE, BY SOURCE, 2018-2032 (USD MILLION)
TABLE 202. BRICS GINSENG MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 203. BRICS GINSENG MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 204. BRICS GINSENG MARKET SIZE, BY ONLINE, 2018-2032 (USD MILLION)
TABLE 205. BRICS GINSENG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 206. BRICS GINSENG MARKET SIZE, BY FOODS & BEVERAGES, 2018-2032 (USD MILLION)
TABLE 207. BRICS GINSENG MARKET SIZE, BY PERSONAL CARE & COSMETICS, 2018-2032 (USD MILLION)
TABLE 208. G7 GINSENG MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 209. G7 GINSENG MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 210. G7 GINSENG MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 211. G7 GINSENG MARKET SIZE, BY SOURCE, 2018-2032 (USD MILLION)
TABLE 212. G7 GINSENG MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 213. G7 GINSENG MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 214. G7 GINSENG MARKET SIZE, BY ONLINE, 2018-2032 (USD MILLION)
TABLE 215. G7 GINSENG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 216. G7 GINSENG MARKET SIZE, BY FOODS & BEVERAGES, 2018-2032 (USD MILLION)
TABLE 217. G7 GINSENG MARKET SIZE, BY PERSONAL CARE & COSMETICS, 2018-2032 (USD MILLION)
TABLE 218. NATO GINSENG MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 219. NATO GINSENG MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 220. NATO GINSENG MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 221. NATO GINSENG MARKET SIZE, BY SOURCE, 2018-2032 (USD MILLION)
TABLE 222. NATO GINSENG MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 223. NATO GINSENG MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 224. NATO GINSENG MARKET SIZE, BY ONLINE, 2018-2032 (USD MILLION)
TABLE 225. NATO GINSENG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 226. NATO GINSENG MARKET SIZE, BY FOODS & BEVERAGES, 2018-2032 (USD MILLION)
TABLE 227. NATO GINSENG MARKET SIZE, BY PERSONAL CARE & COSMETICS, 2018-2032 (USD MILLION)
TABLE 228. GLOBAL GINSENG MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 229. UNITED STATES GINSENG MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 230. UNITED STATES GINSENG MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 231. UNITED STATES GINSENG MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 232. UNITED STATES GINSENG MARKET SIZE, BY SOURCE, 2018-2032 (USD MILLION)
TABLE 233. UNITED STATES GINSENG MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 234. UNITED STATES GINSENG MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 235. UNITED STATES GINSENG MARKET SIZE, BY ONLINE, 2018-2032 (USD MILLION)
TABLE 236. UNITED STATES GINSENG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 237. UNITED STATES GINSENG MARKET SIZE, BY FOODS & BEVERAGES, 2018-2032 (USD MILLION)
TABLE 238. UNITED STATES GINSENG MARKET SIZE, BY PERSONAL CARE & COSMETICS, 2018-2032 (USD MILLION)
TABLE 239. CHINA GINSENG MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 240. CHINA GINSENG MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 241. CHINA GINSENG MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 242. CHINA GINSENG MARKET SIZE, BY SOURCE, 2018-2032 (USD MILLION)
TABLE 243. CHINA GINSENG MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 244. CHINA GINSENG MARKET SIZE, BY OFFLINE, 2018-2032 (USD MILLION)
TABLE 245. CHINA GINSENG MARKET SIZE, BY ONLINE, 2018-2032 (USD MILLION)
TABLE 246. CHINA GINSENG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 247. CHINA GINSENG MARKET SIZE, BY FOODS & BEVERAGES, 2018-2032 (USD MILLION)
TABLE 248. CHINA GINSENG MARKET SIZE, BY PERSONAL CARE & COSMETICS, 2018-2032 (USD MILLION)

Companies Mentioned

The key companies profiled in this Ginseng market report include:

Anhui Keynovo Biotech Co., Ltd.
Asieco
Botalys S.A.
Chuckling Goat Ltd.
Cobiosa
Euromed S.A.
Greenutra Resource Inc.
Herbadiet by Arkure Health Care
Hunan Sunfull Bio-Tech Co., Ltd.
Hybrid Herbs
Ilhwa Co. Ltd.
International Flavors & Fragrances Inc.
Korea Ginseng Corporation
Na'vi Organics
Nature's Answer by Bio Answer Holdings Inc.
NOW Health Group, Inc.
Nuts About Life Pty Ltd.
Oils and Herbs UK
Rainey Ginseng Farms Ltd.
RFI Ingredients, Inc.
Sanyuan Jinrui Natural Ingredients Co., Ltd.
Shaanxi Shineherb Biotech Co., Ltd.
Shandong Freda Biotechnology Co.,Ltd.
Wellgreen Technology Co.,Ltd.
Xi'an Faitury Bio-Tech Co., Ltd.
Xi'an Healthful Biotechnology Co.,Ltd
Xinshao Nanmo Biotechnology Co.,Ltd

Table Information

Report Attribute	Details
No. of Pages	198
Published	January 2026
Forecast Period	2026 - 2032
Estimated Market Value ( USD ) in 2026	$ 970.91 Million
Forecasted Market Value ( USD ) by 2032	$ 1330 Million
Compound Annual Growth Rate	5.4%
Regions Covered	Global
No. of Companies Mentioned	28

License	Properties	Price
SINGLE USER LICENSE PDF, Excel and Online Access	This is a single user license, allowing one user access to the product.	€3400EUR$3,939USD£2,946GBP
1 - 5 USER LICENSE PDF, Excel and Online Access	This is a 1-5 user license, allowing up to five users have access to the product.	€3668EUR$4,249USD£3,178GBP
SITE LICENSE PDF, Excel and Online Access	This is a site license, allowing all users within a given geographical location of your organization access to the product.	€4971EUR$5,759USD£4,307GBP
ENTERPRISE LICENSE PDF, Excel and Online Access	This is an enterprise license, allowing all employees within your organization access to the product.	€6016EUR$6,969USD£5,212GBP

Ginseng Market - Global Forecast 2026-2032

Market Snapshot: Ginseng Market Size and Growth

Scope & Segmentation

Key Takeaways

Tariff Impact: U.S. Policy Dynamics

Methodology & Data Sources

Why This Report Matters

Conclusion

Table of Contents

Companies Mentioned

Table Information

Market Snapshot: Ginseng Market Size and Growth

Scope & Segmentation

Key Takeaways

Tariff Impact: U.S. Policy Dynamics

Methodology & Data Sources

Why This Report Matters

Conclusion

Table of Contents

Companies Mentioned

Table Information

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About the Ginseng Market