
Global Ginseng Market Size study, by Source (Wild, Cultivated) by Form (Raw, Powder, Extract) by Variety (Oriental Ginseng, American Ginseng, Siberian Ginseng, Others) by end use industries (Personal Care Products, Dietary Supplements, Food and Beverage P
Description
Global Ginseng Market Size study, by Source (Wild, Cultivated) by Form (Raw, Powder, Extract) by Variety (Oriental Ginseng, American Ginseng, Siberian Ginseng, Others) by end use industries (Personal Care Products, Dietary Supplements, Food and Beverage Processing, Pharmaceutical Products) and Regional Forecasts 2022-2028Global Ginseng Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Ginseng is a plant based herbal medicines. There are two main types of ginsengs, Asian or Korean ginseng and American ginseng. Ginseng has traditionally been used for a number of medical conditions. Ginseng helps in boosting immunity, improving focus and regulation of blood sugar. Growing demand for plant-based food products and rising health consciousness among consumers are key drivers for the growth of Ginseng market. For instance, according to Plant based Foods Association (PFBA) & Good Food Institute (GFI)- in the year 2020 sales of plant-based food products in US has estimated at USD 7 billion, witnessing a double-digit growth rate of over 27% from USD 5.5 billion sales in the year 2019. Also, in the year 2020, 57 percent of all U.S. households purchased plant-based foods (approximately 71 million households). Also, with growing trend of veganism and increased application in cosmetics and personal care industry, the adoption & demand for Ginseng is likely to increase the market growth during the forecast period. However, limited regional availability of raw material impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Ginseng market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to increasing demand for vegan products in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as increasing application of ginseng in pharmaceutical industry and traditional medicines would create lucrative growth prospects for the Ginseng market across Asia-Pacific region.
Major market player included in this report are:
Korean Ginseng Export Corporation
Organika Health Products Inc
Ilhwa Co. Ltd
Korean Ginseng Corp.
RFI Ingredients, Inc
Koshiro Co Ltd
Daedong Korea Ginseng Co., Ltd.
Ningbo Gianon Biotech Co., Ltd.
Sino-Nature International Co., Ltd.
Shanghai FanPharma Co., Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Source:
Wild
Cultivated
By Form:
Raw
Powder
Extract
By Variety:
Oriental Ginseng
American Ginseng
Siberian Ginseng
Others
By End Use Industries:
Personal Care Products
Dietary Supplements
Food and Beverage Processing
Pharmaceutical Products
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Ginseng Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Korean Ginseng Export Corporation
Organika Health Products Inc
Ilhwa Co. Ltd
Korean Ginseng Corp.
RFI Ingredients, Inc
Koshiro Co Ltd
Daedong Korea Ginseng Co., Ltd.
Ningbo Gianon Biotech Co., Ltd.
Sino-Nature International Co., Ltd.
Shanghai FanPharma Co., Ltd.
The key regions considered for the global Ginseng market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to increasing demand for vegan products in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as increasing application of ginseng in pharmaceutical industry and traditional medicines would create lucrative growth prospects for the Ginseng market across Asia-Pacific region.
Major market player included in this report are:
Korean Ginseng Export Corporation
Organika Health Products Inc
Ilhwa Co. Ltd
Korean Ginseng Corp.
RFI Ingredients, Inc
Koshiro Co Ltd
Daedong Korea Ginseng Co., Ltd.
Ningbo Gianon Biotech Co., Ltd.
Sino-Nature International Co., Ltd.
Shanghai FanPharma Co., Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Source:
Wild
Cultivated
By Form:
Raw
Powder
Extract
By Variety:
Oriental Ginseng
American Ginseng
Siberian Ginseng
Others
By End Use Industries:
Personal Care Products
Dietary Supplements
Food and Beverage Processing
Pharmaceutical Products
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Ginseng Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Korean Ginseng Export Corporation
Organika Health Products Inc
Ilhwa Co. Ltd
Korean Ginseng Corp.
RFI Ingredients, Inc
Koshiro Co Ltd
Daedong Korea Ginseng Co., Ltd.
Ningbo Gianon Biotech Co., Ltd.
Sino-Nature International Co., Ltd.
Shanghai FanPharma Co., Ltd.
Table of Contents
200 Pages
- Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Ginseng Market, by Region, 2020-2028 (USD Billion)
- 1.2.2. Ginseng Market, by Source, 2020-2028 (USD Billion)
- 1.2.3. Ginseng Market, by Form, 2020-2028 (USD Billion)
- 1.2.4. Ginseng Market, by Variety, 2020-2028 (USD Billion)
- 1.2.5. Ginseng Market, by End Use Industries, 2020-2028 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
- Chapter 2. Global Ginseng Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
- Chapter 3. Global Ginseng Market Dynamics
- 3.1. Ginseng Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising demand for plant-based food products
- 3.1.1.2. Growing consumer health consciousness
- 3.1.2. Market Challenges
- 3.1.2.1. Low availability of raw materials
- 3.1.3. Market Opportunities
- 3.1.3.1. Increased application in cosmetics and personal care industry
- 3.1.3.2. Growing trend of veganism
- Chapter 4. Global Ginseng Market Industry Analysis
- 4.1. Porter’s 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
- Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 market scenario
- Chapter 6. Global Ginseng Market, by Source
- 6.1. Market Snapshot
- 6.2. Global Ginseng Market by Source, Performance - Potential Analysis
- 6.3. Global Ginseng Market Estimates & Forecasts by Source 2019-2028 (USD Billion)
- 6.4. Ginseng Market, Sub Segment Analysis
- 6.4.1. Wild
- 6.4.2. Cultivated
- Chapter 7. Global Ginseng Market, by Form
- 7.1. Market Snapshot
- 7.2. Global Ginseng Market by Form, Performance - Potential Analysis
- 7.3. Global Ginseng Market Estimates & Forecasts by Form 2019-2028 (USD Billion)
- 7.4. Ginseng Market, Sub Segment Analysis
- 7.4.1. Raw
- 7.4.2. Powder
- 7.4.3. Extract
- Chapter 8. Global Ginseng Market, by Variety
- 8.1. Market Snapshot
- 8.2. Global Ginseng Market by Variety, Performance - Potential Analysis
- 8.3. Global Ginseng Market Estimates & Forecasts by Variety 2019-2028 (USD Billion)
- 8.4. Ginseng Market, Sub Segment Analysis
- 8.4.1. Oriental Ginseng
- 8.4.2. American Ginseng
- 8.4.3. Siberian Ginseng
- 8.4.4. Others
- Chapter 9. Global Ginseng Market, by End Use Industries
- 9.1. Market Snapshot
- 9.2. Global Ginseng Market by End Use Industries, Performance - Potential Analysis
- 9.3. Global Ginseng Market Estimates & Forecasts by End Use Industries 2019-2028 (USD Billion)
- 9.4. Ginseng Market, Sub Segment Analysis
- 9.4.1. Personal Care Products
- 9.4.2. Dietary Supplements
- 9.4.3. Food and Beverage Processing
- 9.4.4. Pharmaceutical Products
- Chapter 10. Global Ginseng Market, Regional Analysis
- 10.1. Ginseng Market, Regional Market Snapshot
- 10.2. North America Ginseng Market
- 10.2.1. U.S. Ginseng Market
- 10.2.1.1. Source breakdown estimates & forecasts, 2019-2028
- 10.2.1.2. Form breakdown estimates & forecasts, 2019-2028
- 10.2.1.3. Variety breakdown estimates & forecasts, 2019-2028
- 10.2.1.4. End Use Industries breakdown estimates & forecasts, 2019-2028
- 10.2.2. Canada Ginseng Market
- 10.3. Europe Ginseng Market Snapshot
- 10.3.1. U.K. Ginseng Market
- 10.3.2. Germany Ginseng Market
- 10.3.3. France Ginseng Market
- 10.3.4. Spain Ginseng Market
- 10.3.5. Italy Ginseng Market
- 10.3.6. Rest of Europe Ginseng Market
- 10.4. Asia-Pacific Ginseng Market Snapshot
- 10.4.1. China Ginseng Market
- 10.4.2. India Ginseng Market
- 10.4.3. Japan Ginseng Market
- 10.4.4. Australia Ginseng Market
- 10.4.5. South Korea Ginseng Market
- 10.4.6. Rest of Asia Pacific Ginseng Market
- 10.5. Latin America Ginseng Market Snapshot
- 10.5.1. Brazil Ginseng Market
- 10.5.2. Mexico Ginseng Market
- 10.6. Rest of The World Ginseng Market
- Chapter 11. Competitive Intelligence
- 11.1. Top Market Strategies
- 11.2. Company Profiles
- 11.2.1. Korean Ginseng Export Corporation
- 11.2.1.1. Key Information
- 11.2.1.2. Overview
- 11.2.1.3. Financial (Subject to Data Availability)
- 11.2.1.4. Product Summary
- 11.2.1.5. Recent Developments
- 11.2.2. Organika Health Products Inc
- 11.2.3. Ilhwa Co. Ltd
- 11.2.4. Korean Ginseng Corp.
- 11.2.5. RFI Ingredients, Inc
- 11.2.6. Koshiro Co Ltd
- 11.2.7. Daedong Korea Ginseng Co., Ltd.
- 11.2.8. Ningbo Gianon Biotech Co., Ltd.
- 11.2.9. Sino-Nature International Co., Ltd.
- 11.2.10. Shanghai FanPharma Co., Ltd.
- Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption
- List of Tables
- TABLE 1. Global Ginseng Market, report scope
- TABLE 2. Global Ginseng Market estimates & forecasts by Region 2019-2028 (USD Billion)
- TABLE 3. Global Ginseng Market estimates & forecasts by Source 2019-2028 (USD Billion)
- TABLE 4. Global Ginseng Market estimates & forecasts by Form 2019-2028 (USD Billion)
- TABLE 5. Global Ginseng Market estimates & forecasts by Variety 2019-2028 (USD Billion)
- TABLE 6. Global Ginseng Market estimates & forecasts by End Use Industries 2019-2028 (USD Billion)
- TABLE 7. Global Ginseng Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 8. Global Ginseng Market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 9. Global Ginseng Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 10. Global Ginseng Market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 11. Global Ginseng Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 12. Global Ginseng Market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 13. Global Ginseng Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 14. Global Ginseng Market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 15. Global Ginseng Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 16. Global Ginseng Market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 17. U.S. Ginseng Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 18. U.S. Ginseng Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 19. U.S. Ginseng Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 20. Canada Ginseng Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 21. Canada Ginseng Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 22. Canada Ginseng Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 23. UK Ginseng Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 24. UK Ginseng Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 25. UK Ginseng Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 26. Germany Ginseng Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 27. Germany Ginseng Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 28. Germany Ginseng Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 29. RoE Ginseng Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 30. RoE Ginseng Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 31. RoE Ginseng Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 32. China Ginseng Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 33. China Ginseng Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 34. China Ginseng Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 35. India Ginseng Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 36. India Ginseng Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 37. India Ginseng Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 38. Japan Ginseng Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 39. Japan Ginseng Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 40. Japan Ginseng Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 41. RoAPAC Ginseng Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 42. RoAPAC Ginseng Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 43. RoAPAC Ginseng Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 44. Brazil Ginseng Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 45. Brazil Ginseng Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 46. Brazil Ginseng Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 47. Mexico Ginseng Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 48. Mexico Ginseng Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 49. Mexico Ginseng Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 50. RoLA Ginseng Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 51. RoLA Ginseng Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 52. RoLA Ginseng Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 53. Row Ginseng Market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 54. Row Ginseng Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 55. Row Ginseng Market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 56. List of secondary sources, used in the study of global Ginseng Market
- TABLE 57. List of primary sources, used in the study of global Ginseng Market
- TABLE 58. Years considered for the study
- TABLE 59. Exchange rates considered
- List of figures
- FIG 1. Global Ginseng Market, research methodology
- FIG 2. Global Ginseng Market, market estimation techniques
- FIG 3. Global market size estimates & forecast methods
- FIG 4. Global Ginseng Market, key trends 2021
- FIG 5. Global Ginseng Market, growth prospects 2022-2028
- FIG 6. Global Ginseng Market, porters 5 force model
- FIG 7. Global Ginseng Market, pest analysis
- FIG 8. Global Ginseng Market, value chain analysis
- FIG 9. Global Ginseng Market by segment, 2019 & 2028 (USD Billion)
- FIG 10. Global Ginseng Market by segment, 2019 & 2028 (USD Billion)
- FIG 11. Global Ginseng Market by segment, 2019 & 2028 (USD Billion)
- FIG 12. Global Ginseng Market by segment, 2019 & 2028 (USD Billion)
- FIG 13. Global Ginseng Market by segment, 2019 & 2028 (USD Billion)
- FIG 14. Global Ginseng Market, regional snapshot 2019 & 2028
- FIG 15. North America Ginseng Market 2019 & 2028 (USD Billion)
- FIG 16. Europe Ginseng Market 2019 & 2028 (USD Billion)
- FIG 17. Asia pacific Ginseng Market 2019 & 2028 (USD Billion)
- FIG 18. Latin America Ginseng Market 2019 & 2028 (USD Billion)
- FIG 19. Global Ginseng Market, company market share analysis (2021)
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