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Global Ginseng Market 2017-2021

Global Ginseng Market 2017-2021

About Ginseng

Ginseng is a slow-growing perennial plant with fleshy roots. It belongs to the genus Panax of the family Araliaceae. It is found in North America and in Eastern Asia, typically in cooler climates. Ginseng is one of the widely-used herbs that boosts the energy levels of the body. There are two popular types of ginseng: Asian ginseng and American ginseng. The Asian ginseng is also known as Panax ginseng, and the American ginseng is also called Panax quinquefolius.

Technavio’s analysts forecast the global ginseng market to grow at a CAGR of 12.46% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global ginseng market for 2017-2021. To calculate the market size, the report considers sales, volume, and value.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Ginseng Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ILHWA
  • Jilin Zixin Pharmaceutical
  • Korea Ginseng Corporation (KGC)
  • RFI Ingredients
  • Starwest Botanicals
Other prominent vendors
  • Amway
  • BAYLIS & HARDING
  • Bounce Foods
  • Elemis
  • Ethical Naturals
  • Glanbia
  • Great Mountain Ginseng
  • Hain Celestial
  • Kefiplant
  • Naka Focus
  • NOW Foods
  • Nutra Green Biotechnology
  • Ranbaxy Laboratories
  • The Boots Company
  • Victoria Health
Market driver
  • Growing health consciousness and obese population
  • For a full, detailed list, view our report
Market challenge
  • Threat from other ingredients with similar benefits
  • For a full, detailed list, view our report
Market trend
  • Increasing government initiatives to protect the ginseng plant
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Overview of global ginseng market 2016
    • Global superfoods market
      • Table Global superfoods market 2016-2021 ($ billions)
  • Market landscape
    • Market overview
      • Table Global ginseng market overview
    • Market size and forecast
      • Table Global ginseng market 2016-2021 ($ millions)
      • Table Popular forms of ginseng
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Segmentation of global ginseng market by product
      • Table Global ginseng market by product form 2016 and 2021 (% share)
    • Global Asian ginseng market
      • Table Global Asian ginseng market 2016-2021 ($ millions)
    • Global American ginseng market
      • Table Global American ginseng market 2016-2021 ($ millions)
  • Market segmentation by end-use
    • Segmentation of global ginseng market by enduse
      • Table Global ginseng market by end-use 2016 and 2021 (% share)
    • Global ginseng market for supplements
      • Table Global ginseng market for supplements 2016-2021 ($ millions)
    • Global ginseng market for personal care
      • Table Global ginseng market for personal care 2016-2021 ($ millions)
    • Global ginseng market for other applications
      • Table Global ginseng market for other applications 2016-2021 ($ millions)
  • Geographical segmentation
    • Segmentation of global ginseng market by geography
      • Table Segmentation of global ginseng market by geography 2016-2021
    • Ginseng market in APAC
      • Table Ginseng market in APAC 2016-2021 ($ millions)
    • Ginseng market in the Americas
      • Table Ginseng market in the Americas 2016-2021 ($ millions)
    • Ginseng market in EMEA
      • Table Ginseng market in EMEA 2016-2021 ($ millions)
  • Key leading countries
    • Table Key leading countries by market share (% 2016)
    • South Korea
      • Table Ginseng market in South Korea 2016-2021 ($ millions)
    • China
      • Table Ginseng market in China 2016-2021 ($ millions)
    • Canada
      • Table Ginseng market in Canada 2016-2021 ($ millions)
    • US
      • Table Ginseng market in US 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global dietary supplements market 2016-2021 ($ billions)
    • Market challenges
  • Market trends
    • Increase in new product launches
    • Increasing government initiatives to protect the ginseng plant
    • Clean labeling
  • Vendor landscape
    • Competitive scenario
      • Table Key vendors of global ginseng market
  • Key vendor analysis
    • ILHWA
      • Table ILHWA: Product portfolio
    • Jilin Zixin Pharmaceutical Industrial (Jilin Zixin Pharmaceutical)
      • Table Jilin Zixin Pharmaceutical Industrial: Business segments
    • Korea Ginseng Corporation (KGC)
      • Table KGC: Product portfolio
    • RFI Ingredients
    • Starwest Botanicals
      • Table Starwest Botanicals: Product portfolio
      • Table Starwest Botanicals: Ginseng products
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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