Global Ginseng Market 2017-2021

  • ID: 4319192
  • Report
  • Region: Global
  • 73 pages
  • TechNavio
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FEATURED COMPANIES

  • Amway
  • Elemis
  • Great Mountain Ginseng
  • Kefiplant
  • Nutra Green Biotechnology
  • Starwest Botanicals
  • MORE

About Ginseng

Ginseng is a slow-growing perennial plant with fleshy roots. It belongs to the genus Panax of the family Araliaceae. It is found in North America and in Eastern Asia, typically in cooler climates. Ginseng is one of the widely-used herbs that boosts the energy levels of the body. There are two popular types of ginseng: Asian ginseng and American ginseng. The Asian ginseng is also known as Panax ginseng, and the American ginseng is also called Panax quinquefolius.

The analysts forecast the global ginseng market to grow at a CAGR of 12.46% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global ginseng market for 2017-2021. To calculate the market size, the report considers sales, volume, and value.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

The report, Global Ginseng Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors

  • ILHWA
  • Jilin Zixin Pharmaceutical
  • Korea Ginseng Corporation (KGC)
  • RFI Ingredients
  • Starwest Botanicals

Other prominent vendors

  • Amway
  • BAYLIS & HARDING
  • Bounce Foods
  • Elemis
  • Ethical Naturals
  • Glanbia
  • Great Mountain Ginseng
  • Hain Celestial
  • Kefiplant
  • Naka Focus
  • NOW Foods
  • Nutra Green Biotechnology
  • Ranbaxy Laboratories
  • The Boots Company
  • Victoria Health

Market drivers

  • Growing health consciousness and obese population
  • For a full, detailed list, view the full report

Market challenges

  • Threat from other ingredients with similar benefits
  • For a full, detailed list, view the full report

Market trends

  • Increasing government initiatives to protect the ginseng plant
  • For a full, detailed list, view the full report

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Amway
  • Elemis
  • Great Mountain Ginseng
  • Kefiplant
  • Nutra Green Biotechnology
  • Starwest Botanicals
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
  • Global superfoods market
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product
  • Segmentation of global ginseng market by product
  • Global Asian ginseng market
  • Global American ginseng market
PART 07: Market segmentation by end-use
  • Segmentation of global ginseng market by end-use
  • Global ginseng market for supplements
  • Global ginseng market for personal care
  • Global ginseng market for other applications
PART 08: Geographical segmentation
  • Segmentation of global ginseng market by geography
  • Ginseng market in APAC
  • Ginseng market in the Americas
  • Ginseng market in EMEA
PART 09: Key leading countries
  • South Korea
  • China
  • Canada
  • US
PART 10: Decision framework

PART 11: Drivers and challenges
  • Market drivers
  • Market challenges
PART 12: Market trends
  • Increase in new product launches
  • Increasing government initiatives to protect the ginseng plant
  • Clean labeling
PART 13: Vendor landscape
  • Competitive scenario
PART 14: Key vendor analysis
  • ILHWA
  • Jilin Zixin Pharmaceutical Industrial (Jilin Zixin Pharmaceutical)
  • Korea Ginseng Corporation (KGC)
  • RFI Ingredients
  • Starwest Botanicals
  • Other prominent vendors
PART 15: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Overview of global ginseng market 2016
Exhibit 02: Global superfoods market 2016-2021 ($ billions)
Exhibit 03: Global ginseng market overview
Exhibit 04: Global ginseng market 2016-2021 ($ millions)
Exhibit 05: Popular forms of ginseng
Exhibit 06: Five forces analysis
Exhibit 07: Global ginseng market by product form 2016 and 2021 (% share)
Exhibit 08: Global Asian ginseng market 2016-2021 ($ millions)
Exhibit 09: Global American ginseng market 2016-2021 ($ millions)
Exhibit 10: Global ginseng market by end-use 2016 and 2021 (% share)
Exhibit 11: Global ginseng market for supplements 2016-2021 ($ millions)
Exhibit 12: Global ginseng market for personal care 2016-2021 ($ millions)
Exhibit 13: Global ginseng market for other applications 2016-2021 ($ millions)
Exhibit 14: Segmentation of global ginseng market by geography 2016-2021
Exhibit 15: Ginseng market in APAC 2016-2021 ($ millions)
Exhibit 16: Ginseng market in the Americas 2016-2021 ($ millions)
Exhibit 17: Ginseng market in EMEA 2016-2021 ($ millions)
Exhibit 18: Key leading countries by market share (% 2016)
Exhibit 19: Ginseng market in South Korea 2016-2021 ($ millions)
Exhibit 20: Ginseng market in China 2016-2021 ($ millions)
Exhibit 21: Ginseng market in Canada 2016-2021 ($ millions)
Exhibit 22: Ginseng market in US 2016-2021 ($ millions)
Exhibit 23: Global dietary supplements market 2016-2021 ($ billions)
Exhibit 24: Key vendors of global ginseng market
Exhibit 25: ILHWA: Product portfolio
Exhibit 26: Jilin Zixin Pharmaceutical Industrial: Business segments
Exhibit 27: KGC: Product portfolio
Exhibit 28: Starwest Botanicals: Product portfolio
Exhibit 29: Starwest Botanicals: Ginseng products
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FEATURED COMPANIES

  • Amway
  • Elemis
  • Great Mountain Ginseng
  • Kefiplant
  • Nutra Green Biotechnology
  • Starwest Botanicals
  • MORE
New Report Released: – Global Ginseng Market 2017-2021

The author of the report recognizes the following companies as the key players in the global ginseng market: ILHWA, Jilin Zixin Pharmaceutical, Korea Ginseng Corporation (KGC), RFI Ingredients, and Starwest Botanicals.

Other Prominent Vendors in the market are: Amway, BAYLIS & HARDING, Bounce Foods, Elemis, Ethical Naturals, Glanbia, Great Mountain Ginseng, Hain Celestial, Kefiplant, Naka Focus, NOW Foods, Nutra Green Biotechnology, Ranbaxy Laboratories, The Boots Company, and Victoria Health.

Commenting on the report, an analyst from the research team said: “One trend in the market is increasing government initiatives to protect the ginseng plant. Ginseng is considered as endangered plant species and hence various states in the US have passed regulations to restrict the illegal harvesting of wild ginseng, which is highly valued in international markets. In the US, the Ginseng Management Program protects American ginseng from over harvesting, while allowing people to collect wild and cultivated plants minimally.”

According to the report, one driver in the market is growing health consciousness and obese population. People are increasingly concerned about the safety of the food that they consume. This can raise the demand for plant-based proteins, superfoods, and ginseng. In the recent times, a drastic spike has been witnessed in health problems like digestive disorders, diabetes, and obesity. Hence, people have increasingly become health-conscious and want to follow a healthy diet.

Further, the report states that one challenge in the market is threat from other ingredients with similar benefits. One of the major challenges that hamper the growth of the global ginseng market is the stiff competition from other superfoods like chia seeds and quinoa, which have witnessed a high growth rate in recent times. Quinoa is a popular gluten-free superfood preferred by many health-conscious consumers worldwide due to its nutritional value.

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.
Note: Product cover images may vary from those shown
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  • Amway
  • BAYLIS & HARDING
  • Bounce Foods
  • Elemis
  • Ethical Naturals
  • Glanbia
  • Great Mountain Ginseng
  • Hain Celestial
  • ILHWA
  • Jilin Zixin Pharmaceutical
  • Kefiplant
  • Korea Ginseng Corporation (KGC)
  • NOW Foods
  • Naka Focus
  • Nutra Green Biotechnology
  • RFI Ingredients
  • Ranbaxy Laboratories
  • Starwest Botanicals
  • The Boots Company
  • Victoria Health
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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