Global Red Ginseng Market Growth 2022-2028
Red ginseng is made by steaming and drying fresh ginseng with a moisture content of ≤15.5% and a light red or reddish brown colour.
The global market for Red Ginseng is estimated to increase from US$ million in 2021 to reach US$ million by 2028, exhibiting a CAGR of % during 2022-2028. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
The APAC Red Ginseng market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.
The United States Red Ginseng market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.
The Europe Red Ginseng market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.
The China Red Ginseng market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.
Global key Red Ginseng players cover Korea Tobacco & Ginseng Corporation(Korea Ginseng), KGE Co.Ltd., Daedong Korea Ginseng, Amorepacific and Nonghyup RedGinseng, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This latest report provides a deep insight into the global Red Ginseng market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, value chain analysis, etc.
This report aims to provide a comprehensive picture of the global Red Ginseng market, with both quantitative and qualitative data, to help readers understand how the Red Ginseng market scenario changed across the globe during the pandemic and Russia-Ukraine War.
The base year considered for analyses is 2021, while the market estimates and forecasts are given from 2022 to 2028. The market estimates are provided in terms of revenue in USD millions and volume in Tons.
The study segments the Red Ginseng market and forecasts the market size by Type (Capsules, Oral Liquid and Others), by Sales Channel (Online Sales and Offline Sales.), and region (APAC, Americas, Europe, and Middle East & Africa).
Segmentation by type
Segmentation by sales channel
Segmentation by region
Middle East & Africa
Major companies covered
Korea Tobacco & Ginseng Corporation(Korea Ginseng)
Daedong Korea Ginseng
Fushi Wellbeing Limited
Eu Yan Sang
GINCO International(Imperial Elixir)
Chapter 1: Scope of Red Ginseng, Research Methodology, etc.
Chapter 2: Executive Summary, global Red Ginseng market size (sales and revenue) and CAGR, Red Ginseng market size by region, by type, by sales channel, historical data from 2017 to 2022, and forecast to 2028.
Chapter 3: Red Ginseng sales, revenue, average price, global market share, and industry ranking by company, 2017-2022
Chapter 4: Global Red Ginseng sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Red Ginseng market size forecast by region, by country, by type, and sales channel.
Chapter 13: Comprehensive company profiles of the leading players, including Korea Tobacco & Ginseng Corporation(Korea Ginseng), KGE Co.Ltd., Daedong Korea Ginseng, Amorepacific, Nonghyup RedGinseng, Hongsamdan, Paldo, Fushi Wellbeing Limited and Jamieson Wellness, etc.
Chapter 14: Research Findings and Conclusion
Please note: The report will take approximately 2 business days to prepare and deliver.
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