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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

Amid the COVID-19 crisis, 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 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
Frequently Asked Questions about the Global Market for Ginseng

What is the estimated value of the Global Market for Ginseng?

The Global Market for Ginseng was estimated to be valued at $6.1 Billion in 2020.

What is the growth rate of the Global Market for Ginseng?

The growth rate of the Global Market for Ginseng is 10.9%, with an estimated value of $12.6 Billion by 2027.

What is the forecasted size of the Global Market for Ginseng?

The Global Market for Ginseng is estimated to be worth $12.6 Billion by 2027.

Who are the key companies in the Global Market for Ginseng?

Key companies in the Global Market for Ginseng include 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. and Hangzhou Skyherb Technologies Co., Ltd.

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.