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The ginseng market is forecasted to grow by USD 208.5 million during 2024-2029, accelerating at a CAGR of 5.1% during the forecast period. The report on the ginseng market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising awareness of health benefits of ginseng, increasing use of ginseng in functional foods and beverages, and growing popularity of herbal supplements.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The ginseng market is segmented as below:
By Distribution Channel
- RSC
- Online
By Application
- Dietary supplements
- Pharmaceutical products
- Functional food and beverage processing
By Source
- Fresh
- Processed
By End-user
- Asian ginseng
- American ginseng
- Siberian ginseng
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the ginseng market covers the following areas:
- Ginseng Market sizing
- Ginseng Market forecast
- Ginseng Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Distribution Channel
9 Market Segmentation by Application
10 Market Segmentation by Source
11 Market Segmentation by End-user
12 Customer Landscape
13 Geographic Landscape
14 Drivers, Challenges, and Opportunity/Restraints
15 Competitive Landscape
16 Competitive Analysis
17 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global ginseng market: AOS Products Pvt. Ltd., Auragin LLC, Bio Botanica Inc., Bob Ginseng, Botalys SA, Ethical Naturals Inc., Frederic M, G and G Century M. Sdn Bhd., Herbal Creations, KAVYA PHARMA, Korea Ginseng Corp., MotherTree Nutra Pvt. Ltd., Natures Way Brands LLC, Nestle SA, Royal Enoch Phytomedicine Ltd., Uniray Lifesciences, Velnex Medicare India Pvt. Ltd., and Zoic Pharmaceuticals Pvt. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increased demand for organic ginseng products."
According to the report, one of the major drivers for this market is the rising awareness of health benefits of ginseng.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AOS Products Pvt. Ltd.
- Auragin LLC
- Bio Botanica Inc.
- Bob Ginseng
- Botalys SA
- Ethical Naturals Inc.
- Frederic M
- G and G Century M. Sdn Bhd.
- Herbal Creations
- KAVYA PHARMA
- Korea Ginseng Corp.
- MotherTree Nutra Pvt. Ltd.
- Natures Way Brands LLC
- Nestle SA
- Royal Enoch Phytomedicine Ltd.
- Uniray Lifesciences
- Velnex Medicare India Pvt. Ltd.
- Zoic Pharmaceuticals Pvt. Ltd.
