2021 Asia Pacific Ginseng Extracts Market Report, Featuring Clariant AG, Orkla ASA, Sinochem Group Co., Ltd., Shanti Natural Extracts and Baoji Herbest Bio-Tech Co., Ltd.

Dublin, May 17, 2021 (GLOBE NEWSWIRE) -- The "Asia Pacific Ginseng Extracts Market By Application (Pharmaceuticals, Food & Beverages, Dietary Supplements and Cosmetics & Personal Care), By Form (Powder and Liquid), By Country, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.

The Asia Pacific Ginseng Extracts Market is expected to witness market growth of 10.1% CAGR during the forecast period (2020-2026).

The ginseng extract is derived from the roots of Panax quinquefolius and Panax ginseng. Since this extract is obtained from plants, it is considered as a valuable and significant traditional medicine in Asian countries including Japan, Korea, and China. Ginseng roots have a high content of ginsenosides, phenolic compounds, and saponins, like carotenoids and carbohydrates.

The powder segment of the ginseng is also driven by other beneficial attributes, comprising anti-inflammatory, antioxidant, and anti-cancer properties. The segment growth is also accredited to its considerable application scope in both food and beverages, and the cosmetic industry. In addition to it, increasing internet penetration and changing consumer's inclination towards online shopping, resulting in easy accessibility of a wide range of product variety are the major factors that are expected to boost the market in the coming years.

Asia-Pacific is expected to hold a prospective share in the market due to the huge production of ginseng and increasing demand for herbal medicines in this region. According to the Jilin Provincial People's Government, China is the main producer of ginseng, with an output of nearly 70% of the total global production. The Chinese FDA has recently approved a large number of ginseng health products that show growing support for ginseng products in the country. Moreover, increasing the shift for a healthy lifestyle and the substantial occurrence of chronic diseases is also encouraging the demand for ginseng-based supplements to be used in food and beverages, and medicines.

Based on Application, the market is segmented into Pharmaceuticals, Food & Beverages, Dietary Supplements and Cosmetics & Personal Care. Based on Form, the market is segmented into Powder and Liquid. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.


Scope of the Study

Market Segments covered in the Report:

By Application

• Pharmaceuticals

• Food & Beverages

• Dietary Supplements

• Cosmetics & Personal Care

By Form

• Powder

• Liquid

By Country

• China

• Japan

• India

• South Korea

• Singapore

• Malaysia

• Rest of Asia Pacific

Companies Profiled

• Clariant AG

• Orkla ASA

• Sinochem Group Co., Ltd.

• RFI Ingredients, LLC

• Shanti Natural Extracts

• Hangzhou Skyherb Technologies Co., Ltd.

• S.A. Herbal Bioactives LLC

• Changsha Huir Biological-Tech Co., Ltd.

• Baoji Herbest Bio-Tech Co., Ltd.

• Liuyang Naturalin Bio-Tech Co., Ltd.

Key Topics Covered:

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Ginseng Extracts Market, by Application
1.4.2 Asia Pacific Ginseng Extracts Market, by Form
1.4.3 Asia Pacific Ginseng Extracts Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Asia Pacific Ginseng Extracts Market by Application
3.1 Asia Pacific Pharmaceuticals Market by Country
3.2 Asia Pacific Food & Beverages Market by Country
3.3 Asia Pacific Dietary Supplements Market by Country
3.4 Asia Pacific Cosmetics & Personal Care Market by Country

Chapter 4. Asia Pacific Ginseng Extracts Market by Form
4.1 Asia Pacific Powder Market by Country
4.2 Asia Pacific Liquid Market by Country

Chapter 5. Asia Pacific Ginseng Extracts Market by Country
5.1 China Ginseng Extracts Market
5.2 Japan Ginseng Extracts Market
5.3 India Ginseng Extracts Market
5.4 South Korea Ginseng Extracts Market
5.5 Singapore Ginseng Extracts Market
5.6 Malaysia Ginseng Extracts Market
5.7 Rest of Asia Pacific Ginseng Extracts Market

Chapter 6. Company Profiles

• Clariant AG

• Orkla ASA

• Sinochem Group Co., Ltd.

• RFI Ingredients, LLC

• Shanti Natural Extracts

• Hangzhou Skyherb Technologies Co., Ltd.

• S.A. Herbal Bioactives LLC

• Changsha Huir Biological-Tech Co., Ltd.

• Baoji Herbest Bio-Tech Co., Ltd.

• Liuyang Naturalin Bio-Tech Co., Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/a97qr5

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