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Ginseng - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

Industry: Food & Beverages

Published: 2024-01-16

Pages: 133 Pages

Report ld: 2228079

Description
Table of Contents
Table of Figures
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Description
Table of Contents
Table of Figures
PDF Download

Description

Ginseng is the root of plants in the genus Panax, such as Korean ginseng (P. ginseng), South China ginseng (P. notoginseng), and American ginseng (P. quinquefolius), characterized by the presence of ginsenosides and gintonin. Ginseng is common in the cuisines and medicines of China and Korea.

The global market for Ginseng was estimated to be worth US$ 6847.4 million in 2023 and is forecast to a readjusted size of US$ 13180 million by 2030 with a CAGR of 9.6% during the forecast period 2024-2030

Ginseng Market Size

M= millions and B=billions

Ginseng has been used in traditional medicine over centuries, though modern clinical research is inconclusive about its medical effectiveness. There is no substantial evidence that ginseng is effective for treating any medical condition and it has not been approved by the US Food and Drug Administration (FDA) as a prescription drug. Although ginseng is sold as a dietary supplement, inconsistent manufacturing practices for supplements have led to analyses of some ginseng products contaminated with toxic metals or unrelated filler compounds, and its excessive use may have adverse effects or untoward interactions with prescription drugs.

Report Scope
This report aims to provide a comprehensive presentation of the global market for Ginseng, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Ginseng by region & country, by Type, and by Application.

The Ginseng market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ginseng.

Market Segmentation

Report Metric
Details
Report Title
Ginseng - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Forecasted Market Size in 2030
US$ 13180 million
CAGR(2024-2030)
9.6%
Market Size Available for Years
2019-2030
Global Ginseng Companies Covered
KGEC, Korea Ginseng Corp, HiYoU, The Boots Company, Starwest Botanicals, RFI Ingredients, Elemis, Jilin Zixin Pharmaceutical Industrial, Great Mountain Ginseng, Hain Celestial, BAYLIS & HARDING, Amway, Ethical Naturals, Glanbia, Kefiplant, Naka Focus
Global Ginseng Market, by Region
North America (U.S., Canada, Mexico)

Europe (Germany, France, UK, Italy, etc.)

Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)

South America (Brazil, etc.)

Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Ginseng Market, Segment by Type
Korean Ginseng

American Ginseng

Brazilian Ginseng

Siberian Ginseng

Indian Ginseng

China Ginseng
Global Ginseng Market, Segment by Application
Pharma & Healthcare

Cosmetic & Skin Care

Food Additives

Others
Forecast Units
USD million in value
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Ginseng manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Ginseng in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Ginseng in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Table of Contents

 1 Market Overview
    1.1 Ginseng Product Introduction
    1.2 Global Ginseng Market Size Forecast
        1.2.1 Global Ginseng Sales Value (2019-2030)
        1.2.2 Global Ginseng Sales Volume (2019-2030)
        1.2.3 Global Ginseng Sales Price (2019-2030)
    1.3 Ginseng Market Trends & Drivers
        1.3.1 Ginseng Industry Trends
        1.3.2 Ginseng Market Drivers & Opportunity
        1.3.3 Ginseng Market Challenges
        1.3.4 Ginseng Market Restraints
    1.4 Assumptions and Limitations
    1.5 Study Objectives
    1.6 Years Considered

 2 Competitive Analysis by Company
    2.1 Global Ginseng Players Revenue Ranking (2023)
    2.2 Global Ginseng Revenue by Company (2019-2024)
    2.3 Global Ginseng Players Sales Volume Ranking (2023)
    2.4 Global Ginseng Sales Volume by Company Players (2019-2024)
    2.5 Global Ginseng Average Price by Company (2019-2024)
    2.6 Key Manufacturers Ginseng Manufacturing Base Distribution and Headquarters
    2.7 Key Manufacturers Ginseng Product Offered
    2.8 Key Manufacturers Time to Begin Mass Production of Ginseng
    2.9 Ginseng Market Competitive Analysis
        2.9.1 Ginseng Market Concentration Rate (2019-2024)
        2.9.2 Global 5 and 10 Largest Manufacturers by Ginseng Revenue in 2023
        2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Ginseng as of 2023)
    2.10 Mergers & Acquisitions, Expansion

 3 Segmentation by Type
    3.1 Introduction by Type
        3.1.1 Korean Ginseng
        3.1.2 American Ginseng
        3.1.3 Brazilian Ginseng
        3.1.4 Siberian Ginseng
        3.1.5 Indian Ginseng
        3.1.6 China Ginseng
    3.2 Global Ginseng Sales Value by Type
        3.2.1 Global Ginseng Sales Value by Type (2019 VS 2023 VS 2030)
        3.2.2 Global Ginseng Sales Value, by Type (2019-2030)
        3.2.3 Global Ginseng Sales Value, by Type (%) (2019-2030)
    3.3 Global Ginseng Sales Volume by Type
        3.3.1 Global Ginseng Sales Volume by Type (2019 VS 2023 VS 2030)
        3.3.2 Global Ginseng Sales Volume, by Type (2019-2030)
        3.3.3 Global Ginseng Sales Volume, by Type (%) (2019-2030)
    3.4 Global Ginseng Average Price by Type (2019-2030)

 4 Segmentation by Application
    4.1 Introduction by Application
        4.1.1 Pharma & Healthcare
        4.1.2 Cosmetic & Skin Care
        4.1.3 Food Additives
        4.1.4 Others
    4.2 Global Ginseng Sales Value by Application
        4.2.1 Global Ginseng Sales Value by Application (2019 VS 2023 VS 2030)
        4.2.2 Global Ginseng Sales Value, by Application (2019-2030)
        4.2.3 Global Ginseng Sales Value, by Application (%) (2019-2030)
    4.3 Global Ginseng Sales Volume by Application
        4.3.1 Global Ginseng Sales Volume by Application (2019 VS 2023 VS 2030)
        4.3.2 Global Ginseng Sales Volume, by Application (2019-2030)
        4.3.3 Global Ginseng Sales Volume, by Application (%) (2019-2030)
    4.4 Global Ginseng Average Price by Application (2019-2030)

 5 Segmentation by Region
    5.1 Global Ginseng Sales Value by Region
        5.1.1 Global Ginseng Sales Value by Region: 2019 VS 2023 VS 2030
        5.1.2 Global Ginseng Sales Value by Region (2019-2024)
        5.1.3 Global Ginseng Sales Value by Region (2025-2030)
        5.1.4 Global Ginseng Sales Value by Region (%), (2019-2030)
    5.2 Global Ginseng Sales Volume by Region
        5.2.1 Global Ginseng Sales Volume by Region: 2019 VS 2023 VS 2030
        5.2.2 Global Ginseng Sales Volume by Region (2019-2024)
        5.2.3 Global Ginseng Sales Volume by Region (2025-2030)
        5.2.4 Global Ginseng Sales Volume by Region (%), (2019-2030)
    5.3 Global Ginseng Average Price by Region (2019-2030)
    5.4 North America
        5.4.1 North America Ginseng Sales Value, 2019-2030
        5.4.2 North America Ginseng Sales Value by Country (%), 2023 VS 2030
    5.5 Europe
        5.5.1 Europe Ginseng Sales Value, 2019-2030
        5.5.2 Europe Ginseng Sales Value by Country (%), 2023 VS 2030
    5.6 Asia Pacific
        5.6.1 Asia Pacific Ginseng Sales Value, 2019-2030
        5.6.2 Asia Pacific Ginseng Sales Value by Country (%), 2023 VS 2030
    5.7 South America
        5.7.1 South America Ginseng Sales Value, 2019-2030
        5.7.2 South America Ginseng Sales Value by Country (%), 2023 VS 2030
    5.8 Middle East & Africa
        5.8.1 Middle East & Africa Ginseng Sales Value, 2019-2030
        5.8.2 Middle East & Africa Ginseng Sales Value by Country (%), 2023 VS 2030

 6 Segmentation by Key Countries/Regions
    6.1 Key Countries/Regions Ginseng Sales Value Growth Trends, 2019 VS 2023 VS 2030
    6.2 Key Countries/Regions Ginseng Sales Value
        6.2.1 Key Countries/Regions Ginseng Sales Value, 2019-2030
        6.2.2 Key Countries/Regions Ginseng Sales Volume, 2019-2030
    6.3 United States
        6.3.1 United States Ginseng Sales Value, 2019-2030
        6.3.2 United States Ginseng Sales Value by Type (%), 2023 VS 2030
        6.3.3 United States Ginseng Sales Value by Application, 2023 VS 2030
    6.4 Europe
        6.4.1 Europe Ginseng Sales Value, 2019-2030
        6.4.2 Europe Ginseng Sales Value by Type (%), 2023 VS 2030
        6.4.3 Europe Ginseng Sales Value by Application, 2023 VS 2030
    6.5 China
        6.5.1 China Ginseng Sales Value, 2019-2030
        6.5.2 China Ginseng Sales Value by Type (%), 2023 VS 2030
        6.5.3 China Ginseng Sales Value by Application, 2023 VS 2030
    6.6 Japan
        6.6.1 Japan Ginseng Sales Value, 2019-2030
        6.6.2 Japan Ginseng Sales Value by Type (%), 2023 VS 2030
        6.6.3 Japan Ginseng Sales Value by Application, 2023 VS 2030
    6.7 South Korea
        6.7.1 South Korea Ginseng Sales Value, 2019-2030
        6.7.2 South Korea Ginseng Sales Value by Type (%), 2023 VS 2030
        6.7.3 South Korea Ginseng Sales Value by Application, 2023 VS 2030
    6.8 Southeast Asia
        6.8.1 Southeast Asia Ginseng Sales Value, 2019-2030
        6.8.2 Southeast Asia Ginseng Sales Value by Type (%), 2023 VS 2030
        6.8.3 Southeast Asia Ginseng Sales Value by Application, 2023 VS 2030
    6.9 India
        6.9.1 India Ginseng Sales Value, 2019-2030
        6.9.2 India Ginseng Sales Value by Type (%), 2023 VS 2030
        6.9.3 India Ginseng Sales Value by Application, 2023 VS 2030

 7 Company Profiles
    7.1 KGEC
        7.1.1 KGEC Company Information
        7.1.2 KGEC Introduction and Business Overview
        7.1.3 KGEC Ginseng Sales, Revenue and Gross Margin (2019-2024)
        7.1.4 KGEC Ginseng Product Offerings
        7.1.5 KGEC Recent Development
    7.2 Korea Ginseng Corp
        7.2.1 Korea Ginseng Corp Company Information
        7.2.2 Korea Ginseng Corp Introduction and Business Overview
        7.2.3 Korea Ginseng Corp Ginseng Sales, Revenue and Gross Margin (2019-2024)
        7.2.4 Korea Ginseng Corp Ginseng Product Offerings
        7.2.5 Korea Ginseng Corp Recent Development
    7.3 HiYoU
        7.3.1 HiYoU Company Information
        7.3.2 HiYoU Introduction and Business Overview
        7.3.3 HiYoU Ginseng Sales, Revenue and Gross Margin (2019-2024)
        7.3.4 HiYoU Ginseng Product Offerings
        7.3.5 HiYoU Recent Development
    7.4 The Boots Company
        7.4.1 The Boots Company Company Information
        7.4.2 The Boots Company Introduction and Business Overview
        7.4.3 The Boots Company Ginseng Sales, Revenue and Gross Margin (2019-2024)
        7.4.4 The Boots Company Ginseng Product Offerings
        7.4.5 The Boots Company Recent Development
    7.5 Starwest Botanicals
        7.5.1 Starwest Botanicals Company Information
        7.5.2 Starwest Botanicals Introduction and Business Overview
        7.5.3 Starwest Botanicals Ginseng Sales, Revenue and Gross Margin (2019-2024)
        7.5.4 Starwest Botanicals Ginseng Product Offerings
        7.5.5 Starwest Botanicals Recent Development
    7.6 RFI Ingredients
        7.6.1 RFI Ingredients Company Information
        7.6.2 RFI Ingredients Introduction and Business Overview
        7.6.3 RFI Ingredients Ginseng Sales, Revenue and Gross Margin (2019-2024)
        7.6.4 RFI Ingredients Ginseng Product Offerings
        7.6.5 RFI Ingredients Recent Development
    7.7 Elemis
        7.7.1 Elemis Company Information
        7.7.2 Elemis Introduction and Business Overview
        7.7.3 Elemis Ginseng Sales, Revenue and Gross Margin (2019-2024)
        7.7.4 Elemis Ginseng Product Offerings
        7.7.5 Elemis Recent Development
    7.8 Jilin Zixin Pharmaceutical Industrial
        7.8.1 Jilin Zixin Pharmaceutical Industrial Company Information
        7.8.2 Jilin Zixin Pharmaceutical Industrial Introduction and Business Overview
        7.8.3 Jilin Zixin Pharmaceutical Industrial Ginseng Sales, Revenue and Gross Margin (2019-2024)
        7.8.4 Jilin Zixin Pharmaceutical Industrial Ginseng Product Offerings
        7.8.5 Jilin Zixin Pharmaceutical Industrial Recent Development
    7.9 Great Mountain Ginseng
        7.9.1 Great Mountain Ginseng Company Information
        7.9.2 Great Mountain Ginseng Introduction and Business Overview
        7.9.3 Great Mountain Ginseng Ginseng Sales, Revenue and Gross Margin (2019-2024)
        7.9.4 Great Mountain Ginseng Ginseng Product Offerings
        7.9.5 Great Mountain Ginseng Recent Development
    7.10 Hain Celestial
        7.10.1 Hain Celestial Company Information
        7.10.2 Hain Celestial Introduction and Business Overview
        7.10.3 Hain Celestial Ginseng Sales, Revenue and Gross Margin (2019-2024)
        7.10.4 Hain Celestial Ginseng Product Offerings
        7.10.5 Hain Celestial Recent Development
    7.11 BAYLIS & HARDING
        7.11.1 BAYLIS & HARDING Company Information
        7.11.2 BAYLIS & HARDING Introduction and Business Overview
        7.11.3 BAYLIS & HARDING Ginseng Sales, Revenue and Gross Margin (2019-2024)
        7.11.4 BAYLIS & HARDING Ginseng Product Offerings
        7.11.5 BAYLIS & HARDING Recent Development
    7.12 Amway
        7.12.1 Amway Company Information
        7.12.2 Amway Introduction and Business Overview
        7.12.3 Amway Ginseng Sales, Revenue and Gross Margin (2019-2024)
        7.12.4 Amway Ginseng Product Offerings
        7.12.5 Amway Recent Development
    7.13 Ethical Naturals
        7.13.1 Ethical Naturals Company Information
        7.13.2 Ethical Naturals Introduction and Business Overview
        7.13.3 Ethical Naturals Ginseng Sales, Revenue and Gross Margin (2019-2024)
        7.13.4 Ethical Naturals Ginseng Product Offerings
        7.13.5 Ethical Naturals Recent Development
    7.14 Glanbia
        7.14.1 Glanbia Company Information
        7.14.2 Glanbia Introduction and Business Overview
        7.14.3 Glanbia Ginseng Sales, Revenue and Gross Margin (2019-2024)
        7.14.4 Glanbia Ginseng Product Offerings
        7.14.5 Glanbia Recent Development
    7.15 Kefiplant
        7.15.1 Kefiplant Company Information
        7.15.2 Kefiplant Introduction and Business Overview
        7.15.3 Kefiplant Ginseng Sales, Revenue and Gross Margin (2019-2024)
        7.15.4 Kefiplant Ginseng Product Offerings
        7.15.5 Kefiplant Recent Development
    7.16 Naka Focus
        7.16.1 Naka Focus Company Information
        7.16.2 Naka Focus Introduction and Business Overview
        7.16.3 Naka Focus Ginseng Sales, Revenue and Gross Margin (2019-2024)
        7.16.4 Naka Focus Ginseng Product Offerings
        7.16.5 Naka Focus Recent Development

 8 Industry Chain Analysis
    8.1 Ginseng Industrial Chain
    8.2 Ginseng Upstream Analysis
        8.2.1 Key Raw Materials
        8.2.2 Raw Materials Key Suppliers
        8.2.3 Manufacturing Cost Structure
    8.3 Midstream Analysis
    8.4 Downstream Analysis (Customers Analysis)
    8.5 Sales Model and Sales Channels
        8.5.1 Ginseng Sales Model
        8.5.2 Sales Channel
        8.5.3 Ginseng Distributors

 9 Research Findings and Conclusion

 10 Appendix
    10.1 Research Methodology
        10.1.1 Methodology/Research Approach
        10.1.2 Data Source
    10.2 Author Details
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. Ginseng Market Trends
    Table 2. Ginseng Market Drivers & Opportunity
    Table 3. Ginseng Market Challenges
    Table 4. Ginseng Market Restraints
    Table 5. Global Ginseng Revenue by Company (2019-2024) & (US$ Million)
    Table 6. Global Ginseng Revenue Market Share by Company (2019-2024)
    Table 7. Global Ginseng Sales Volume by Company (2019-2024) & (Tons)
    Table 8. Global Ginseng Sales Volume Market Share by Company (2019-2024)
    Table 9. Global Market Ginseng Price by Company (2019-2024) & (US$/Kg)
    Table 10. Key Manufacturers Ginseng Manufacturing Base Distribution and Headquarters
    Table 11. Key Manufacturers Ginseng Product Type
    Table 12. Key Manufacturers Time to Begin Mass Production of Ginseng
    Table 13. Global Ginseng Manufacturers Market Concentration Ratio (CR5 and HHI)
    Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Ginseng as of 2023)
    Table 15. Mergers & Acquisitions, Expansion Plans
    Table 16. Global Ginseng Sales Value by Type: 2019 VS 2023 VS 2030 (US$ Million)
    Table 17. Global Ginseng Sales Value by Type (2019-2024) & (US$ Million)
    Table 18. Global Ginseng Sales Value by Type (2025-2030) & (US$ Million)
    Table 19. Global Ginseng Sales Market Share in Value by Type (2019-2024) & (%)
    Table 20. Global Ginseng Sales Market Share in Value by Type (2025-2030) & (%)
    Table 21. Global Ginseng Sales Volume by Type: 2019 VS 2023 VS 2030 (Tons)
    Table 22. Global Ginseng Sales Volume by Type (2019-2024) & (Tons)
    Table 23. Global Ginseng Sales Volume by Type (2025-2030) & (Tons)
    Table 24. Global Ginseng Sales Market Share in Volume by Type (2019-2024) & (%)
    Table 25. Global Ginseng Sales Market Share in Volume by Type (2025-2030) & (%)
    Table 26. Global Ginseng Price by Type (2019-2024) & (US$/Kg)
    Table 27. Global Ginseng Price by Type (2025-2030) & (US$/Kg)
    Table 28. Global Ginseng Sales Value by Application: 2019 VS 2023 VS 2030 (US$ Million)
    Table 29. Global Ginseng Sales Value by Application (2019-2024) & (US$ Million)
    Table 30. Global Ginseng Sales Value by Application (2025-2030) & (US$ Million)
    Table 31. Global Ginseng Sales Market Share in Value by Application (2019-2024) & (%)
    Table 32. Global Ginseng Sales Market Share in Value by Application (2025-2030) & (%)
    Table 33. Global Ginseng Sales Volume by Application: 2019 VS 2023 VS 2030 (Tons)
    Table 34. Global Ginseng Sales Volume by Application (2019-2024) & (Tons)
    Table 35. Global Ginseng Sales Volume by Application (2025-2030) & (Tons)
    Table 36. Global Ginseng Sales Market Share in Volume by Application (2019-2024) & (%)
    Table 37. Global Ginseng Sales Market Share in Volume by Application (2025-2030) & (%)
    Table 38. Global Ginseng Price by Application (2019-2024) & (US$/Kg)
    Table 39. Global Ginseng Price by Application (2025-2030) & (US$/Kg)
    Table 40. Global Ginseng Sales Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
    Table 41. Global Ginseng Sales Value by Region (2019-2024) & (US$ Million)
    Table 42. Global Ginseng Sales Value by Region (2025-2030) & (US$ Million)
    Table 43. Global Ginseng Sales Value by Region (2019-2024) & (%)
    Table 44. Global Ginseng Sales Value by Region (2025-2030) & (%)
    Table 45. Global Ginseng Sales Volume by Region (Tons): 2019 VS 2023 VS 2030
    Table 46. Global Ginseng Sales Volume by Region (2019-2024) & (Tons)
    Table 47. Global Ginseng Sales Volume by Region (2025-2030) & (Tons)
    Table 48. Global Ginseng Sales Volume by Region (2019-2024) & (%)
    Table 49. Global Ginseng Sales Volume by Region (2025-2030) & (%)
    Table 50. Global Ginseng Average Price by Region (2019-2024) & (US$/Kg)
    Table 51. Global Ginseng Average Price by Region (2025-2030) & (US$/Kg)
    Table 52. Key Countries/Regions Ginseng Sales Value Growth Trends, (US$ Million): 2019 VS 2023 VS 2030
    Table 53. Key Countries/Regions Ginseng Sales Value, (2019-2024) & (US$ Million)
    Table 54. Key Countries/Regions Ginseng Sales Value, (2025-2030) & (US$ Million)
    Table 55. Key Countries/Regions Ginseng Sales Volume, (2019-2024) & (Tons)
    Table 56. Key Countries/Regions Ginseng Sales Volume, (2025-2030) & (Tons)
    Table 57. KGEC Company Information
    Table 58. KGEC Introduction and Business Overview
    Table 59. KGEC Ginseng Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2019-2024)
    Table 60. KGEC Ginseng Product Offerings
    Table 61. KGEC Recent Development
    Table 62. Korea Ginseng Corp Company Information
    Table 63. Korea Ginseng Corp Introduction and Business Overview
    Table 64. Korea Ginseng Corp Ginseng Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2019-2024)
    Table 65. Korea Ginseng Corp Ginseng Product Offerings
    Table 66. Korea Ginseng Corp Recent Development
    Table 67. HiYoU Company Information
    Table 68. HiYoU Introduction and Business Overview
    Table 69. HiYoU Ginseng Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2019-2024)
    Table 70. HiYoU Ginseng Product Offerings
    Table 71. HiYoU Recent Development
    Table 72. The Boots Company Company Information
    Table 73. The Boots Company Introduction and Business Overview
    Table 74. The Boots Company Ginseng Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2019-2024)
    Table 75. The Boots Company Ginseng Product Offerings
    Table 76. The Boots Company Recent Development
    Table 77. Starwest Botanicals Company Information
    Table 78. Starwest Botanicals Introduction and Business Overview
    Table 79. Starwest Botanicals Ginseng Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2019-2024)
    Table 80. Starwest Botanicals Ginseng Product Offerings
    Table 81. Starwest Botanicals Recent Development
    Table 82. RFI Ingredients Company Information
    Table 83. RFI Ingredients Introduction and Business Overview
    Table 84. RFI Ingredients Ginseng Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2019-2024)
    Table 85. RFI Ingredients Ginseng Product Offerings
    Table 86. RFI Ingredients Recent Development
    Table 87. Elemis Company Information
    Table 88. Elemis Introduction and Business Overview
    Table 89. Elemis Ginseng Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2019-2024)
    Table 90. Elemis Ginseng Product Offerings
    Table 91. Elemis Recent Development
    Table 92. Jilin Zixin Pharmaceutical Industrial Company Information
    Table 93. Jilin Zixin Pharmaceutical Industrial Introduction and Business Overview
    Table 94. Jilin Zixin Pharmaceutical Industrial Ginseng Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2019-2024)
    Table 95. Jilin Zixin Pharmaceutical Industrial Ginseng Product Offerings
    Table 96. Jilin Zixin Pharmaceutical Industrial Recent Development
    Table 97. Great Mountain Ginseng Company Information
    Table 98. Great Mountain Ginseng Introduction and Business Overview
    Table 99. Great Mountain Ginseng Ginseng Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2019-2024)
    Table 100. Great Mountain Ginseng Ginseng Product Offerings
    Table 101. Great Mountain Ginseng Recent Development
    Table 102. Hain Celestial Company Information
    Table 103. Hain Celestial Introduction and Business Overview
    Table 104. Hain Celestial Ginseng Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2019-2024)
    Table 105. Hain Celestial Ginseng Product Offerings
    Table 106. Hain Celestial Recent Development
    Table 107. BAYLIS & HARDING Company Information
    Table 108. BAYLIS & HARDING Introduction and Business Overview
    Table 109. BAYLIS & HARDING Ginseng Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2019-2024)
    Table 110. BAYLIS & HARDING Ginseng Product Offerings
    Table 111. BAYLIS & HARDING Recent Development
    Table 112. Amway Company Information
    Table 113. Amway Introduction and Business Overview
    Table 114. Amway Ginseng Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2019-2024)
    Table 115. Amway Ginseng Product Offerings
    Table 116. Amway Recent Development
    Table 117. Ethical Naturals Company Information
    Table 118. Ethical Naturals Introduction and Business Overview
    Table 119. Ethical Naturals Ginseng Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2019-2024)
    Table 120. Ethical Naturals Ginseng Product Offerings
    Table 121. Ethical Naturals Recent Development
    Table 122. Glanbia Company Information
    Table 123. Glanbia Introduction and Business Overview
    Table 124. Glanbia Ginseng Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2019-2024)
    Table 125. Glanbia Ginseng Product Offerings
    Table 126. Glanbia Recent Development
    Table 127. Kefiplant Company Information
    Table 128. Kefiplant Introduction and Business Overview
    Table 129. Kefiplant Ginseng Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2019-2024)
    Table 130. Kefiplant Ginseng Product Offerings
    Table 131. Kefiplant Recent Development
    Table 132. Naka Focus Company Information
    Table 133. Naka Focus Introduction and Business Overview
    Table 134. Naka Focus Ginseng Sales (Tons), Revenue (US$ Million), Price (US$/Kg) and Gross Margin (2019-2024)
    Table 135. Naka Focus Ginseng Product Offerings
    Table 136. Naka Focus Recent Development
    Table 137. Key Raw Materials Lists
    Table 138. Raw Materials Key Suppliers Lists
    Table 139. Ginseng Downstream Customers
    Table 140. Ginseng Distributors List
    Table 141. Research Programs/Design for This Report
    Table 142. Key Data Information from Secondary Sources
    Table 143. Key Data Information from Primary Sources
List of Figures
    Figure 1. Ginseng Product Picture
    Figure 2. Global Ginseng Sales Value, 2019 VS 2023 VS 2030 (US$ Million)
    Figure 3. Global Ginseng Sales Value (2019-2030) & (US$ Million)
    Figure 4. Global Ginseng Sales Volume (2019-2030) & (Tons)
    Figure 5. Global Ginseng Sales Price (2019-2030) & (US$/Kg)
    Figure 6. Ginseng Report Years Considered
    Figure 7. Global Ginseng Players Revenue Ranking (2023) & (US$ Million)
    Figure 8. Global Ginseng Players Sales Volume Ranking (2023) & (Tons)
    Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Ginseng Revenue in 2023
    Figure 10. Ginseng Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023
    Figure 11. Korean Ginseng Picture
    Figure 12. American Ginseng Picture
    Figure 13. Brazilian Ginseng Picture
    Figure 14. Siberian Ginseng Picture
    Figure 15. Indian Ginseng Picture
    Figure 16. China Ginseng Picture
    Figure 17. Global Ginseng Sales Value by Type (2019 VS 2023 VS 2030) & (US$ Million)
    Figure 18. Global Ginseng Sales Value Market Share by Type, 2023 & 2030
    Figure 19. Global Ginseng Sales Volume by Type (2019 VS 2023 VS 2030) & (Tons)
    Figure 20. Global Ginseng Sales Volume Market Share by Type, 2023 & 2030
    Figure 21. Global Ginseng Price by Type (2019-2030) & (US$/Kg)
    Figure 22. Product Picture of Pharma & Healthcare
    Figure 23. Product Picture of Cosmetic & Skin Care
    Figure 24. Product Picture of Food Additives
    Figure 25. Product Picture of Others
    Figure 26. Global Ginseng Sales Value by Application (2019 VS 2023 VS 2030) & (US$ Million)
    Figure 27. Global Ginseng Sales Value Market Share by Application, 2023 & 2030
    Figure 28. Global Ginseng Sales Volume by Application (2019 VS 2023 VS 2030) & (Tons)
    Figure 29. Global Ginseng Sales Volume Market Share by Application, 2023 & 2030
    Figure 30. Global Ginseng Price by Application (2019-2030) & (US$/Kg)
    Figure 31. North America Ginseng Sales Value (2019-2030) & (US$ Million)
    Figure 32. North America Ginseng Sales Value by Country (%), 2023 VS 2030
    Figure 33. Europe Ginseng Sales Value (2019-2030) & (US$ Million)
    Figure 34. Europe Ginseng Sales Value by Country (%), 2023 VS 2030
    Figure 35. Asia Pacific Ginseng Sales Value (2019-2030) & (US$ Million)
    Figure 36. Asia Pacific Ginseng Sales Value by Country (%), 2023 VS 2030
    Figure 37. South America Ginseng Sales Value (2019-2030) & (US$ Million)
    Figure 38. South America Ginseng Sales Value by Country (%), 2023 VS 2030
    Figure 39. Middle East & Africa Ginseng Sales Value (2019-2030) & (US$ Million)
    Figure 40. Middle East & Africa Ginseng Sales Value by Country (%), 2023 VS 2030
    Figure 41. Key Countries/Regions Ginseng Sales Value (%), (2019-2030)
    Figure 42. Key Countries/Regions Ginseng Sales Volume (%), (2019-2030)
    Figure 43. United States Ginseng Sales Value, (2019-2030) & (US$ Million)
    Figure 44. United States Ginseng Sales Value by Type (%), 2023 VS 2030
    Figure 45. United States Ginseng Sales Value by Application (%), 2023 VS 2030
    Figure 46. Europe Ginseng Sales Value, (2019-2030) & (US$ Million)
    Figure 47. Europe Ginseng Sales Value by Type (%), 2023 VS 2030
    Figure 48. Europe Ginseng Sales Value by Application (%), 2023 VS 2030
    Figure 49. China Ginseng Sales Value, (2019-2030) & (US$ Million)
    Figure 50. China Ginseng Sales Value by Type (%), 2023 VS 2030
    Figure 51. China Ginseng Sales Value by Application (%), 2023 VS 2030
    Figure 52. Japan Ginseng Sales Value, (2019-2030) & (US$ Million)
    Figure 53. Japan Ginseng Sales Value by Type (%), 2023 VS 2030
    Figure 54. Japan Ginseng Sales Value by Application (%), 2023 VS 2030
    Figure 55. South Korea Ginseng Sales Value, (2019-2030) & (US$ Million)
    Figure 56. South Korea Ginseng Sales Value by Type (%), 2023 VS 2030
    Figure 57. South Korea Ginseng Sales Value by Application (%), 2023 VS 2030
    Figure 58. Southeast Asia Ginseng Sales Value, (2019-2030) & (US$ Million)
    Figure 59. Southeast Asia Ginseng Sales Value by Type (%), 2023 VS 2030
    Figure 60. Southeast Asia Ginseng Sales Value by Application (%), 2023 VS 2030
    Figure 61. India Ginseng Sales Value, (2019-2030) & (US$ Million)
    Figure 62. India Ginseng Sales Value by Type (%), 2023 VS 2030
    Figure 63. India Ginseng Sales Value by Application (%), 2023 VS 2030
    Figure 64. Ginseng Industrial Chain
    Figure 65. Ginseng Manufacturing Cost Structure
    Figure 66. Channels of Distribution (Direct Sales, and Distribution)
    Figure 67. Bottom-up and Top-down Approaches for This Report
    Figure 68. Data Triangulation
    Figure 69. Key Executives Interviewed

Description

Ginseng is the root of plants in the genus Panax, such as Korean ginseng (P. ginseng), South China ginseng (P. notoginseng), and American ginseng (P. quinquefolius), characterized by the presence of ginsenosides and gintonin. Ginseng is common in the cuisines and medicines of China and Korea.

The global market for Ginseng was estimated to be worth US$ 6847.4 million in 2023 and is forecast to a readjusted size of US$ 13180 million by 2030 with a CAGR of 9.6% during the forecast period 2024-2030

Ginseng has been used in traditional medicine over centuries, though modern clinical research is inconclusive about its medical effectiveness. There is no substantial evidence that ginseng is effective for treating any medical condition and it has not been approved by the US Food and Drug Administration (FDA) as a prescription drug. Although ginseng is sold as a dietary supplement, inconsistent manufacturing practices for supplements have led to analyses of some ginseng products contaminated with toxic metals or unrelated filler compounds, and its excessive use may have adverse effects or untoward interactions with prescription drugs.

Report Scope
This report aims to provide a comprehensive presentation of the global market for Ginseng, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Ginseng by region & country, by Type, and by Application.

The Ginseng market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ginseng.

Market Segmentation