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Ginseng - Global Market Trajectory & Analytics

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    Report

  • 378 Pages
  • October 2022
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5029877

Global Ginseng Market to Reach $12.6 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Ginseng estimated at US$6.1 Billion in the year 2020, is projected to reach a revised size of US$12.6 Billion by 2027, growing at a CAGR of 11% over the period 2020-2027. Asian Ginseng, one of the segments analyzed in the report, is projected to record 10.7% CAGR and reach US$7.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the American Ginseng segment is readjusted to a revised 11.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $333.2 Million, While China is Forecast to Grow at 13.1% CAGR

The Ginseng market in the U.S. is estimated at US$333.2 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$4.3 Billion by the year 2027 trailing a CAGR of 13.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.9% and 9.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9% CAGR.

Select Competitors (Total 123 Featured) -

  • Ambe Phytoextracts Pvt Ltd.
  • Baoji Herbest Bio-Tech Co., Ltd
  • Buddha's Herbs
  • Changsha Huir Biological-Tech Co., LTD
  • Clariant AG
  • Daedong Korea ginseng Co., Ltd.
  • Euromed S.A.
  • Hangzhou Skyherb Technologies Co., Ltd
  • Herbo Nutra
  • ILHWA USA, INC
  • Koei Kogyo Co. Ltd.
  • Korean Ginseng Corp.
  • Koshiro Co Ltd.
  • Naturalin BioTech Co., Ltd.
  • Nature's Way Products, LLC.
  • Ningbo Gianon Biotech Co., Ltd.
  • NINO BIOTECH CO., LTD.
  • NOW® Foods
  • Organika Health Products Inc
  • Orkla Health AS
  • RFI Ingredients, Inc.
  • Shanghai FanPharma Co., Ltd.
  • ShantiNatural
  • Sino-Nature International Co., Ltd.
  • Xi'an Day Natural Inc.

What's New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to a digital archives and Research Platform
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Ginseng - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of COVID-19 Pandemic and Looming Recession
  • 2020 Marked as a Year of Disruption & Transformation
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • COVID-19 Pandemic Leads to Increased Consumer Focus on Health and Wellness Products
  • Pandemic Increases Consumer Demand for Healthier Ingredients in Foods and Beverages
  • COVID-19 Brings Forth Enormous Opportunities for Adaptogens
  • Potential Role of Ginseng in Influenza and COVID-19 Management
  • An Introduction to Ginseng
  • Processing and Types of Ginseng
  • Wild Ginseng and Cultivated Ginseng
  • Major Benefits of Ginseng
  • Functions and Use of Ginseng
  • Global Market Prospects & Outlook
  • Asian Ginseng Leads the Global Market
  • Supplements Emerge as Major End-Use Market for Ginseng
  • Asian Economies at the Forefront of Market Growth
  • Ginseng Production Worldwide: Overview
  • Global Ginseng Production (in Thousand Tons) by Country
  • Competition
  • World Brands
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Consumer Focus on Health and Wellness to Boost Popularity of Adaptogens, Favoring Demand for Ginseng
  • Global Adaptogens Market by Source (in %) for 2020
  • Trends Towards Plant-Based Products Amidst Rising Health Awareness Fuels Market Prospects
  • Rising Prominence of Ginseng as Functional Food Ingredient to Boost Market Growth
  • Rising Sales of Functional Foods and Drinks to Boost Ginseng Demand: Global Functional Foods & Beverages Sales in US$ Billion for 2020 and 2027
  • Rising Health Consciousness Enhances Role of Ginseng in Natural Dietary Supplements
  • Global Dietary Supplements Market Size (in US$ Billion) for the Years 2019, 2022 and 2025
  • Ginseng Supplements for Energy Boost
  • Potential Role of Ginseng in Weight Management Products
  • Obesity Prevalence Rate (%) in Select Countries for the Years 2019 and 2030P
  • Average Per Capita Annual Health Expenditure (In US$) due to Obesity
  • Potential Benefits of Ginseng in Treatment of Chronic Diseases Boosts Usage
  • Proven Health Benefits of Ginseng
  • Rising Prevalence of Lifestyle & Chronic Diseases Widens Prospects
  • Hypertension Prevalence (%) Worldwide by Region in Male and Females Aged 25+ Years
  • World Diabetes and Population Statistics (2019, 2030 & 2045)
  • Fatalities by Heart Conditions: Estimated Percentage Breakdown for Cardiovascular Disease, Ischemic Heart Disease, Stroke, and Others
  • Ginseng: A Traditional Ingredient in Various Medicinal Preparations
  • Ginseng Dietary Supplement Finds Interest as Immune-Modulator Aging Human Diseases
  • Ginseng's Promising Role in Neurological Disorders
  • KIST Develops a Novel Microwave-based Method for Red Ginseng Processing, for Treatment of Lung Cancer
  • Rising Consumer Awareness about Benefits of Ginseng Consumption Fuels Use in Food Products
  • Growing Demand for Ginseng in Cosmetics and Personal Care Sectors
  • Increased Spending on Natural and Organic Personal Care & Cosmetic Products Propels Market Growth
  • Global Natural Cosmetics Market: Sales in US$ Billion for the Years 2019, 2021, 2023 and 2025
  • Anti-Aging Benefits of Ginseng Propels Growth in the Cosmetics Industry
  • Expanding Anti-Aging Products Market Bodes Well for Ginseng: Global Anti-Aging Cosmetics Market for the Years 2018, 2020, 2022 and 2024
  • Growing Preference for Natural Products Boosts Demand for American Ginseng
  • Different Methods to Grow American Ginseng
  • Growing Wild-simulated American Ginseng
  • American Ginseng Production Suffers Due to Overharvesting
  • Trade Wars and Pandemic Impacts American Ginseng Farmers
  • Ginseng Extract Market: Poised for High Growth
  • Concerns Over Side Effects Impede Wider Uptake
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Ginseng by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 2: World Historic Review for Ginseng by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 3: World 15-Year Perspective for Ginseng by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2021 & 2027
  • Table 4: World Recent Past, Current & Future Analysis for Asian Ginseng by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 5: World Historic Review for Asian Ginseng by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 6: World 15-Year Perspective for Asian Ginseng by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 7: World Recent Past, Current & Future Analysis for American Ginseng by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 8: World Historic Review for American Ginseng by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 9: World 15-Year Perspective for American Ginseng by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 10: World Recent Past, Current & Future Analysis for Supplements by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 11: World Historic Review for Supplements by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 12: World 15-Year Perspective for Supplements by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 13: World Recent Past, Current & Future Analysis for Personal Care by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 14: World Historic Review for Personal Care by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 15: World 15-Year Perspective for Personal Care by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 16: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 17: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 18: World 15-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
III. MARKET ANALYSIS
UNITED STATES
  • Ginseng Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
  • Myriad Health and Wellness Benefits Drive Herbal Supplements Market
  • Overharvesting Presents a Challenge for American Ginseng
  • Table 19: USA Recent Past, Current & Future Analysis for Ginseng by Product - Asian Ginseng and American Ginseng - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 20: USA Historic Review for Ginseng by Product - Asian Ginseng and American Ginseng Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 21: USA 15-Year Perspective for Ginseng by Product - Percentage Breakdown of Value Sales for Asian Ginseng and American Ginseng for the Years 2012, 2021 & 2027
  • Table 22: USA Recent Past, Current & Future Analysis for Ginseng by End-Use - Supplements, Personal Care and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 23: USA Historic Review for Ginseng by End-Use - Supplements, Personal Care and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 24: USA 15-Year Perspective for Ginseng by End-Use - Percentage Breakdown of Value Sales for Supplements, Personal Care and Other End-Uses for the Years 2012, 2021 & 2027
CANADA
  • Table 25: Canada Recent Past, Current & Future Analysis for Ginseng by Product - Asian Ginseng and American Ginseng - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 26: Canada Historic Review for Ginseng by Product - Asian Ginseng and American Ginseng Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 27: Canada 15-Year Perspective for Ginseng by Product - Percentage Breakdown of Value Sales for Asian Ginseng and American Ginseng for the Years 2012, 2021 & 2027
  • Table 28: Canada Recent Past, Current & Future Analysis for Ginseng by End-Use - Supplements, Personal Care and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 29: Canada Historic Review for Ginseng by End-Use - Supplements, Personal Care and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 30: Canada 15-Year Perspective for Ginseng by End-Use - Percentage Breakdown of Value Sales for Supplements, Personal Care and Other End-Uses for the Years 2012, 2021 & 2027
JAPAN
  • Ginseng Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
  • Table 31: Japan Recent Past, Current & Future Analysis for Ginseng by Product - Asian Ginseng and American Ginseng - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 32: Japan Historic Review for Ginseng by Product - Asian Ginseng and American Ginseng Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 33: Japan 15-Year Perspective for Ginseng by Product - Percentage Breakdown of Value Sales for Asian Ginseng and American Ginseng for the Years 2012, 2021 & 2027
  • Table 34: Japan Recent Past, Current & Future Analysis for Ginseng by End-Use - Supplements, Personal Care and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 35: Japan Historic Review for Ginseng by End-Use - Supplements, Personal Care and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 36: Japan 15-Year Perspective for Ginseng by End-Use - Percentage Breakdown of Value Sales for Supplements, Personal Care and Other End-Uses for the Years 2012, 2021 & 2027
CHINA
  • Ginseng Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
  • China Continues to Witness Demand Rise for Ginseng-based Products
  • Table 37: China Recent Past, Current & Future Analysis for Ginseng by Product - Asian Ginseng and American Ginseng - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 38: China Historic Review for Ginseng by Product - Asian Ginseng and American Ginseng Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 39: China 15-Year Perspective for Ginseng by Product - Percentage Breakdown of Value Sales for Asian Ginseng and American Ginseng for the Years 2012, 2021 & 2027
  • Table 40: China Recent Past, Current & Future Analysis for Ginseng by End-Use - Supplements, Personal Care and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 41: China Historic Review for Ginseng by End-Use - Supplements, Personal Care and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 42: China 15-Year Perspective for Ginseng by End-Use - Percentage Breakdown of Value Sales for Supplements, Personal Care and Other End-Uses for the Years 2012, 2021 & 2027
EUROPE
  • Ginseng Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
  • Table 43: Europe Recent Past, Current & Future Analysis for Ginseng by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 44: Europe Historic Review for Ginseng by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 45: Europe 15-Year Perspective for Ginseng by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2012, 2021 & 2027
  • Table 46: Europe Recent Past, Current & Future Analysis for Ginseng by Product - Asian Ginseng and American Ginseng - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 47: Europe Historic Review for Ginseng by Product - Asian Ginseng and American Ginseng Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 48: Europe 15-Year Perspective for Ginseng by Product - Percentage Breakdown of Value Sales for Asian Ginseng and American Ginseng for the Years 2012, 2021 & 2027
  • Table 49: Europe Recent Past, Current & Future Analysis for Ginseng by End-Use - Supplements, Personal Care and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 50: Europe Historic Review for Ginseng by End-Use - Supplements, Personal Care and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 51: Europe 15-Year Perspective for Ginseng by End-Use - Percentage Breakdown of Value Sales for Supplements, Personal Care and Other End-Uses for the Years 2012, 2021 & 2027
FRANCE
  • Ginseng Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
  • Table 52: France Recent Past, Current & Future Analysis for Ginseng by Product - Asian Ginseng and American Ginseng - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 53: France Historic Review for Ginseng by Product - Asian Ginseng and American Ginseng Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 54: France 15-Year Perspective for Ginseng by Product - Percentage Breakdown of Value Sales for Asian Ginseng and American Ginseng for the Years 2012, 2021 & 2027
  • Table 55: France Recent Past, Current & Future Analysis for Ginseng by End-Use - Supplements, Personal Care and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 56: France Historic Review for Ginseng by End-Use - Supplements, Personal Care and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 57: France 15-Year Perspective for Ginseng by End-Use - Percentage Breakdown of Value Sales for Supplements, Personal Care and Other End-Uses for the Years 2012, 2021 & 2027
GERMANY
  • Ginseng Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
  • Table 58: Germany Recent Past, Current & Future Analysis for Ginseng by Product - Asian Ginseng and American Ginseng - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 59: Germany Historic Review for Ginseng by Product - Asian Ginseng and American Ginseng Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 60: Germany 15-Year Perspective for Ginseng by Product - Percentage Breakdown of Value Sales for Asian Ginseng and American Ginseng for the Years 2012, 2021 & 2027
  • Table 61: Germany Recent Past, Current & Future Analysis for Ginseng by End-Use - Supplements, Personal Care and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 62: Germany Historic Review for Ginseng by End-Use - Supplements, Personal Care and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 63: Germany 15-Year Perspective for Ginseng by End-Use - Percentage Breakdown of Value Sales for Supplements, Personal Care and Other End-Uses for the Years 2012, 2021 & 2027
ITALY
  • Table 64: Italy Recent Past, Current & Future Analysis for Ginseng by Product - Asian Ginseng and American Ginseng - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 65: Italy Historic Review for Ginseng by Product - Asian Ginseng and American Ginseng Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 66: Italy 15-Year Perspective for Ginseng by Product - Percentage Breakdown of Value Sales for Asian Ginseng and American Ginseng for the Years 2012, 2021 & 2027
  • Table 67: Italy Recent Past, Current & Future Analysis for Ginseng by End-Use - Supplements, Personal Care and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 68: Italy Historic Review for Ginseng by End-Use - Supplements, Personal Care and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 69: Italy 15-Year Perspective for Ginseng by End-Use - Percentage Breakdown of Value Sales for Supplements, Personal Care and Other End-Uses for the Years 2012, 2021 & 2027
UNITED KINGDOM
  • Ginseng Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
  • Table 70: UK Recent Past, Current & Future Analysis for Ginseng by Product - Asian Ginseng and American Ginseng - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 71: UK Historic Review for Ginseng by Product - Asian Ginseng and American Ginseng Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 72: UK 15-Year Perspective for Ginseng by Product - Percentage Breakdown of Value Sales for Asian Ginseng and American Ginseng for the Years 2012, 2021 & 2027
  • Table 73: UK Recent Past, Current & Future Analysis for Ginseng by End-Use - Supplements, Personal Care and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 74: UK Historic Review for Ginseng by End-Use - Supplements, Personal Care and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 75: UK 15-Year Perspective for Ginseng by End-Use - Percentage Breakdown of Value Sales for Supplements, Personal Care and Other End-Uses for the Years 2012, 2021 & 2027
SPAIN
  • Table 76: Spain Recent Past, Current & Future Analysis for Ginseng by Product - Asian Ginseng and American Ginseng - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 77: Spain Historic Review for Ginseng by Product - Asian Ginseng and American Ginseng Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 78: Spain 15-Year Perspective for Ginseng by Product - Percentage Breakdown of Value Sales for Asian Ginseng and American Ginseng for the Years 2012, 2021 & 2027
  • Table 79: Spain Recent Past, Current & Future Analysis for Ginseng by End-Use - Supplements, Personal Care and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 80: Spain Historic Review for Ginseng by End-Use - Supplements, Personal Care and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 81: Spain 15-Year Perspective for Ginseng by End-Use - Percentage Breakdown of Value Sales for Supplements, Personal Care and Other End-Uses for the Years 2012, 2021 & 2027
RUSSIA
  • Table 82: Russia Recent Past, Current & Future Analysis for Ginseng by Product - Asian Ginseng and American Ginseng - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 83: Russia Historic Review for Ginseng by Product - Asian Ginseng and American Ginseng Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 84: Russia 15-Year Perspective for Ginseng by Product - Percentage Breakdown of Value Sales for Asian Ginseng and American Ginseng for the Years 2012, 2021 & 2027
  • Table 85: Russia Recent Past, Current & Future Analysis for Ginseng by End-Use - Supplements, Personal Care and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 86: Russia Historic Review for Ginseng by End-Use - Supplements, Personal Care and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 87: Russia 15-Year Perspective for Ginseng by End-Use - Percentage Breakdown of Value Sales for Supplements, Personal Care and Other End-Uses for the Years 2012, 2021 & 2027
REST OF EUROPE
  • Table 88: Rest of Europe Recent Past, Current & Future Analysis for Ginseng by Product - Asian Ginseng and American Ginseng - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 89: Rest of Europe Historic Review for Ginseng by Product - Asian Ginseng and American Ginseng Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 90: Rest of Europe 15-Year Perspective for Ginseng by Product - Percentage Breakdown of Value Sales for Asian Ginseng and American Ginseng for the Years 2012, 2021 & 2027
  • Table 91: Rest of Europe Recent Past, Current & Future Analysis for Ginseng by End-Use - Supplements, Personal Care and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 92: Rest of Europe Historic Review for Ginseng by End-Use - Supplements, Personal Care and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 93: Rest of Europe 15-Year Perspective for Ginseng by End-Use - Percentage Breakdown of Value Sales for Supplements, Personal Care and Other End-Uses for the Years 2012, 2021 & 2027
ASIA-PACIFIC
  • Ginseng Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
  • Table 94: Asia-Pacific Recent Past, Current & Future Analysis for Ginseng by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 95: Asia-Pacific Historic Review for Ginseng by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 96: Asia-Pacific 15-Year Perspective for Ginseng by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2012, 2021 & 2027
  • Table 97: Asia-Pacific Recent Past, Current & Future Analysis for Ginseng by Product - Asian Ginseng and American Ginseng - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 98: Asia-Pacific Historic Review for Ginseng by Product - Asian Ginseng and American Ginseng Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 99: Asia-Pacific 15-Year Perspective for Ginseng by Product - Percentage Breakdown of Value Sales for Asian Ginseng and American Ginseng for the Years 2012, 2021 & 2027
  • Table 100: Asia-Pacific Recent Past, Current & Future Analysis for Ginseng by End-Use - Supplements, Personal Care and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 101: Asia-Pacific Historic Review for Ginseng by End-Use - Supplements, Personal Care and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 102: Asia-Pacific 15-Year Perspective for Ginseng by End-Use - Percentage Breakdown of Value Sales for Supplements, Personal Care and Other End-Uses for the Years 2012, 2021 & 2027
AUSTRALIA
  • Ginseng Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2022 (E)
INDIA
  • Ginseng Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2022 (E)
SOUTH KOREA
  • Demand for Korean Red Ginseng Continues to Grow
  • % of Koreans Purchasing Health Functional Foods for 2012-2020
  • Health Functional Product Sales by Type (in %) in South Korea: 2020
REST OF ASIA-PACIFIC
LATIN AMERICA
  • Ginseng Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2022 (E)
BRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Ginseng Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2022 (E)
AFRICA
  • Ginseng Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2022 (E)
IV. COMPETITION
  • Total Companies Profiled: 123

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Ambe Phytoextracts Pvt Ltd.
  • Baoji Herbest Bio-Tech Co., Ltd
  • Buddha's Herbs
  • Changsha Huir Biological-Tech Co., LTD
  • Clariant AG
  • Daedong Korea ginseng Co., Ltd.
  • Euromed S.A.
  • Hangzhou Skyherb Technologies Co., Ltd
  • Herbo Nutra
  • ILHWA USA, INC
  • Koei Kogyo Co. Ltd.
  • Korean Ginseng Corp.
  • Koshiro Co Ltd.
  • Naturalin BioTech Co., Ltd.
  • Nature's Way Products, LLC.
  • Ningbo Gianon Biotech Co., Ltd.
  • NINO BIOTECH CO., LTD.
  • NOW® Foods
  • Organika Health Products Inc
  • Orkla Health AS
  • RFI Ingredients, Inc.
  • Shanghai FanPharma Co., Ltd.
  • ShantiNatural
  • Sino-Nature International Co., Ltd.
  • Xi'an Day Natural Inc.