Ginseng Extracts Market Size, Share & Trends Analysis Report By Form (Powder, Liquid), By Application (Cosmetics & Personal Care, Pharmaceuticals, Food & Beverages, Dietary Supplements), And Segment Forecasts, 2020 - 2027

Ginseng Extracts Market Size, Share & Trends Analysis Report By Form (Powder, Liquid), By Application (Cosmetics & Personal Care, Pharmaceuticals, Food & Beverages, Dietary Supplements), And Segment Forecasts, 2020 - 2027

Ginseng Extracts Market Growth & Trends

The global ginseng extracts market size is projected to reach USD 40.1 million by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.3% from 2020 to 2027. The increasing importance of an active lifestyle, which is establishing a positive outlook for the dietary supplements market along with rising awareness regarding plant extracts and herbs benefits is likely to play a crucial role in promoting the use of ginseng extract products.

These products help in strengthening the immune system, tackling fatigue, brain function enhancement, and lowering blood sugar, which is likely to propel the demand for ginseng extracts in medicinal applications. Rising awareness and adoption of biologically-derived ingredients in the pharmaceutical industry is one of the key factors for market expansion.

The food and beverage industry players are continuously in seek of natural ingredients, owing to the rapid growth of the healthy foods segment, which is likely to open new market avenues for ginseng extracts. Furthermore, optimum marketing strategies implemented by the end-users to highlight the benefits of ginseng for human health are expected to support industry growth.

The product induces functional properties including anti-obesity, antioxidative, anti-inflammatory, anti-stress, anti-cancer, and anti-viral in the food products. The consumption of ginseng extracts is likely to grow as an additive in the food and beverage industry on account of the growing demand for functional foods, especially across the developed economies.

Ginseng Extracts Market Report Highlights

  • The demand for ginseng extracts in dietary supplements is projected to expand at the fastest CAGR of 7.0% over the forecast period in revenue terms, on account of an increase in the aging population and associated self-care culture in the developing economies
  • The pharmaceutical application of the product in the Asia Pacific dominated the market shares with 54.4%, on account of robust drug manufacturing sector in China, South Kora, and India
  • The demand for ginseng extract powders is expected to grow at 5.9% over the forecast period, on account of easy availability of these products on e-commerce platforms in user-friendly packaging options
  • The Asia Pacific emerged as the largest market for the product in 2019, on account of the early adoption of ginseng in Korean and Chinese traditional medical culture, which results in high consumer awareness regarding product benefits
  • The ginseng extract manufacturing companies are likely to shift their focus on the developed economies of the U.S., and European countries with high growth potential for end-use industries such as dietary supplements, and herbal product


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Chapter 1. Methodology and Scope
1.1. Market Definition, Segmentation & Scope
1.2. Information Procurement
1.2.1. Purchased Database
1.2.2. GVR’s Internal Database
1.2.3. Secondary Sources
1.2.4. Third-Party Perspective
1.2.5. Primary Research
1.3. Information Analysis & Data Analysis Models
1.4. List to Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Market Variables, Trends, & Scope
3.1. Industry Lineage Outlook
3.1.1. Market Lineage Outlook
3.1.2. Related Market Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industrial Value Chain Analysis
3.3.1. Raw Material Trends
3.3.2. Sales Channel Analysis
3.4. Technology Overview
3.5. Regulatory Framework
3.5.1. Product Classification Codes
3.5.2. Standard & Compliances
3.5.3. Safety
3.6. Market Dynamics
3.6.1. Market Driver Analysis
3.6.2. Market Restraint Analysis
3.6.3. Industry Challenges
3.7. Business Environment Analysis: Ginseng extract market
3.7.1. Industry Analysis - Porter’s
3.7.2. PESTEL Analysis
3.8. Market Entry Strategies
Chapter 4. Ginseng Extract Market: Form Estimates & Trend Analysis
4.1. Definition & Scope
4.2. Form Movement Analysis & Market Share, 2019 & 2027
4.3. Global Market Size & Forecasts And Trend Analysis By Form, 2016 to 2027
4.3.1. Powder
4.3.1.1. Market estimates and forecast, 2016 - 2027 (Tons) (USD Thousand)
4.3.2. Liquid
4.3.2.1. Market estimates and forecast, 2016 - 2027 (Tons) (USD Thousand)
Chapter 5. Ginseng Extract Market: Application Estimates & Trend Analysis
5.1. Definition & Scope
5.2. Application Movement Analysis & Market Share, 2019 & 2027
5.3. Global Market Size & Forecasts And Trend Analysis By Application, 2016 to 2027
5.3.1. Cosmetics & Personal Care
5.3.1.1. Market estimates and forecast, in cosmetics & personal care, 2016 - 2027 (Tons) (USD Thousand)
5.3.2. Pharmaceuticals
5.3.2.1. Market estimates and forecast, in pharmaceuticals, 2016 - 2027 (Tons) (USD Thousand)
5.3.3. Dietary Supplements
5.3.3.1. Market estimates and forecast, in others, 2016 - 2027 (Tons) (USD Thousand)
5.3.4. Food& Beverages
5.3.4.1. Market estimates and forecast, in food& beverages, 2016 - 2027 (Tons) (USD Thousand)
Chapter 6. Ginseng extract market: Regional Estimates & Trend Analysis
6.1. Regional Market Snapshot
6.2. Market Share Analysis by Country, 2019
6.3. Global ginseng extract market: Regional movement analysis, 2019 & 2027
6.4. North America
6.4.1. Ginseng extract market estimates & forecast, 2016 - 2027 (Tons) (USD Thousand)
6.4.2. Market estimates & forecast, by form, 2016 - 2027 (Tons) (USD Thousand)
6.4.3. Market estimates & forecast, by application, 2016 - 2027 (Tons) (USD Thousand)
6.4.4. U.S.
6.4.4.1. Market estimates & forecast, 2016 - 2027 (Tons) (USD Thousand)
6.4.4.2. Market estimates & forecast, by form, 2016 - 2027 (Tons) (USD Thousand)
6.4.4.3. Market estimates & forecast, by application, 2016 - 2027 (Tons) (USD Thousand)
6.4.5. Canada
6.4.5.1. Market estimates & forecast, 2016 - 2027 (Tons) (USD Thousand)
6.4.5.2. Market estimates & forecast, by form, 2016 - 2027 (Tons) (USD Thousand)
6.4.5.3. Market estimates & forecast, by application, 2016 - 2027 (Tons) (USD Thousand)
6.4.6. Mexico
6.4.6.1. Market estimates & forecast, 2016 - 2027 (Tons) (USD Thousand)
6.4.6.2. Market estimates & forecast, by form, 2016 - 2027 (Tons) (USD Thousand)
6.4.6.3. Market estimates & forecast, by application, 2016 - 2027 (Tons) (USD Thousand)
6.5. Europe
6.5.1. Ginseng extract market estimates & forecast, 2016 - 2027 (Tons) (USD Thousand)
6.5.2. Market estimates & forecast, by form, 2016 - 2027 (Tons) (USD Thousand)
6.5.3. Market estimates & forecast, by application, 2016 - 2027 (Tons) (USD Thousand)
6.5.4. U.K.
6.5.4.1. Market estimates & forecast, 2016 - 2027 (Tons) (USD Thousand)
6.5.4.2. Market estimates & forecast, by form, 2016 - 2027 (Tons) (USD Thousand)
6.5.4.3. Market estimates & forecast, by application, 2016 - 2027 (Tons) (USD Thousand)
6.5.5. Germany
6.5.5.1. Market estimates & forecast, 2016 - 2027 (Tons) (USD Thousand)
6.5.5.2. Market estimates & forecast, by form, 2016 - 2027 (Tons) (USD Thousand)
6.5.5.3. Market estimates & forecast, by application, 2016 - 2027 (Tons) (USD Thousand)
6.5.6. France
6.5.6.1. Market estimates & forecast, 2016 - 2027 (Tons) (USD Thousand)
6.5.6.2. Market estimates & forecast, by form, 2016 - 2027 (Tons) (USD Thousand)
6.5.6.3. Market estimates & forecast, by application, 2016 - 2027 (Tons) (USD Thousand)
6.5.7. Spain
6.5.7.1. Market estimates & forecast, 2016 - 2027 (Tons) (USD Thousand)
6.5.7.2. Market estimates & forecast, by form, 2016 - 2027 (Tons) (USD Thousand)
6.5.7.3. Market estimates & forecast, by application, 2016 - 2027 (Tons) (USD Thousand)
6.6. Asia Pacific
6.6.1. Ginseng extract market estimates & forecast, 2016 - 2027 (Tons) (USD Thousand)
6.6.2. Market estimates & forecast, by form, 2016 - 2027 (Tons) (USD Thousand)
6.6.3. Market estimates & forecast, by application, 2016 - 2027 (Tons) (USD Thousand)
6.6.4. China
6.6.4.1. Market estimates & forecast, 2016 - 2027 (Tons) (USD Thousand)
6.6.4.2. Market estimates & forecast, by form, 2016 - 2027 (Tons) (USD Thousand)
6.6.4.3. Market estimates & forecast, by application, 2016 - 2027 (Tons) (USD Thousand)
6.6.5. Japan
6.6.5.1. Market estimates & forecast, 2016 - 2027 (Tons) (USD Thousand)
6.6.5.2. Market estimates & forecast, by form, 2016 - 2027 (Tons) (USD Thousand)
6.6.5.3. Market estimates & forecast, by application, 2016 - 2027 (Tons) (USD Thousand)
6.6.6. India
6.6.6.1. Market estimates & forecast, 2016 - 2027 (Tons) (USD Thousand)
6.6.6.2. Market estimates & forecast, by form, 2016 - 2027 (Tons) (USD Thousand)
6.6.6.3. Market estimates & forecast, by application, 2016 - 2027 (Tons) (USD Thousand)
6.6.7. South Korea
6.6.7.1. Market estimates & forecast, 2016 - 2027 (Tons) (USD Thousand)
6.6.7.2. Market estimates & forecast, by form, 2016 - 2027 (Tons) (USD Thousand)
6.6.7.3. Market estimates & forecast, by application, 2016 - 2027 (Tons) (USD Thousand)
6.7. Central & South America
6.7.1. Ginseng extract market estimates & forecast, 2016 - 2027 (Tons) (USD Thousand)
6.7.2. Market estimates & forecast, by form, 2016 - 2027 (Tons) (USD Thousand)
6.7.3. Market estimates & forecast, by application, 2016 - 2027 (Tons) (USD Thousand)
6.7.4. Brazil
6.7.4.1. Market estimates & forecast, 2016 - 2027 (Tons) (USD Thousand)
6.7.4.2. Market estimates & forecast, by form, 2016 - 2027 (Tons) (USD Thousand)
6.7.4.3. Market estimates & forecast, by application, 2016 - 2027 (Tons) (USD Thousand)
6.7.5. Argentina
6.7.5.1. Market estimates & forecast, 2016 - 2027 (Tons) (USD Thousand)
6.7.5.2. Market estimates & forecast, by form, 2016 - 2027 (Tons) (USD Thousand)
6.7.5.3. Market estimates & forecast, by application, 2016 - 2027 (Tons) (USD Thousand)
6.8. Middle East & Africa
6.8.1. Ginseng extract market estimates & forecast, 2016 - 2027 (Tons) (USD Thousand)
6.8.2. Market estimates & forecast, by form, 2016 - 2027 (Tons) (USD Thousand)
6.8.3. Market estimates & forecast, by application, 2016 - 2027 (Tons) (USD Thousand)
6.8.4. South Africa
6.8.4.1. Market estimates & forecast, 2016 - 2027 (Tons) (USD Thousand)
6.8.4.2. Market estimates & forecast, by form, 2016 - 2027 (Tons) (USD Thousand)
6.8.4.3. Market estimates & forecast, by application, 2016 - 2027 (Tons) (USD Thousand)
Chapter 7. Competitive Landscape
7.1. Key Global Players & Recent Developments & Their Impact on the Industry
7.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
7.3. Vendor Landscape
7.4. Ranking Analysis, 2019
7.5. Public Companies
7.5.1. Company Market Position Analysis
7.5.2. Company Ranking, 2019
7.5.3. Competitive Dashboard Analysis
7.5.4. SWOT Analysis
7.6. Private Companies
7.6.1. List of Key Emerging Companies/Technology Disruptors/Innovators
7.6.2. Geographical Presence
7.6.3. Company Market Position Analysis
7.6.4. Ranking Analysis, 2019
Chapter 8. Company Profiles
8.1. RFI ingredient
8.1.1. Company Overview
8.1.2. Financial Performance
8.1.3. Product Benchmarking
8.1.4. Strategic Initiatives
8.2. Shanti Natural
8.2.1. Company Overview
8.2.2. Financial Performance
8.2.3. Product Benchmarking
8.2.4. Strategic Initiatives
8.3. KGEC
8.3.1. Company Overview
8.3.2. Financial Performance
8.3.3. Product Benchmarking
8.3.4. Strategic Initiatives
8.4. Orkla Health
8.4.1. Company Overview
8.4.2. Financial Performance
8.4.3. Product Benchmarking
8.4.4. Strategic Initiatives
8.5. Hangzhou Skyherb
8.5.1. Company Overview
8.5.2. Financial Performance
8.5.3. Product Benchmarking
8.5.4. Strategic Initiatives
8.6. S.A. Herbal Bioactives
8.6.1. Company Overview
8.6.2. Financial Performance
8.6.3. Product Benchmarking
8.6.4. Strategic Initiatives
8.7. Nino Biotech
8.7.1. Company Overview
8.7.2. Financial Performance
8.7.3. Product Benchmarking
8.7.4. Strategic Initiatives
8.8. Liuyang Naturalin Bio
8.8.1. Company Overview
8.8.2. Financial Performance
8.8.3. Product Benchmarking
8.8.4. Strategic Initiatives
8.9. Sinochem Pharmaceutical
8.9.1. Company Overview
8.9.2. Financial Performance
8.9.3. Product Benchmarking
8.9.4. Strategic Initiatives
8.10. Changsha Huir Biological-Tech
8.10.1. Company Overview
8.10.2. Financial Performance
8.10.3. Product Benchmarking
8.10.4. Strategic Initiatives
8.11. Clariant
8.11.1. Company Overview
8.11.2. Financial Performance
8.11.3. Product Benchmarking
8.11.4. Strategic Initiatives
8.12. KOEI KOGYO
8.12.1. Company Overview
8.12.2. Financial Performance
8.12.3. Product Benchmarking
8.12.4. Strategic Initiatives
8.13. Baoji Herbest Bio-Tech
8.13.1. Company Overview
8.13.2. Financial Performance
8.13.3. Product Benchmarking
8.13.4. Strategic Initiatives

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