Title: Ginseng market
1Ginseng MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2021-2026
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- Ginseng Market size is estimated at 5.9 billion
in 2020, projected to grow at a CAGR of 4.2
during the forecast period 2021-2026. Ginseng is
used to describe eleven different types of small,
slow-growing plants with fleshy roots.
Furthermore, ginseng roots are known to contain
high levels of bioactive compounds such as
salicylic acid, phenolic acids maltol, p-coumaric
acid, and vanillic acid. Consumer acceptance of
Asian and oriental flavours, as well as demand
for Chinese herbal treatment, are propelling the
Ginseng market forward. There are a variety of
herbs in this category, but the most prevalent
are American ginseng and Asian ginseng. Although
the soothing effects of American ginseng are
well-known, the invigorating effects of Asian
ginseng are also well-known.
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- Key Takeaways
- The rise in popularity of veganism around the
world, owing to a shift in consumer preferences
toward healthier, more natural products continue
to fuel the Ginseng industry's expansion. - Geographically, Asia-Pacific Ginseng Market held
the largest revenue share of 38 in 2020 to
higher consumption and production of Ginseng and
its bioactive compound products in the region.
The scope of the Ginseng Market for various
regions will be provided in the final report. - The Ginseng Industry is expanding owing to
upsurge in health consciousness amongst consumers
and rising awareness about healthy habits. - The demand for ginseng is predicted to rise as a
result of the majority of food firms looking for
ingredients that incorporate more nutrients into
their goods.
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By Distribution Channel- Segment Analysis Based
on Geography, Asia-Pacific Ginseng Market
accounted for the 38 revenue share in 2020.
China, according to the Jilin Provincial People's
Government, is the world's leading ginseng
producer, accounting for roughly 70 of global
production. The Chinese FDA has approved a big
number of ginseng health products, demonstrating
the country's rising support for the herb.
Furthermore, the growing trend toward a healthier
lifestyle, as well as the rising prevalence of
chronic diseases, is fueling demand for
ginseng-based supplements to be utilised in
foods, beverages, and pharmaceuticals.
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- Ginseng Market Industry Outlook
- Ginseng Farms Ltd,
- KOSHIRO COMPANY LIMITED,
- Nature Essential,
- Inovital,
- Organika Health Products Inc.,
- Korea Ginseng Corp,
- DADONG ginseng
- KOREA CO, LTD.,
- Ningbo Gianon Biotech Co., Ltd
- Elmis Ltd.
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Ginseng Market Forecast (2021 - 2026)
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arket.html
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Contact (1) 970-236-3677
Inquiry Before Buying
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