Global Ginseng Market to Reach $11.7 Billion by 2026

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Abstract: What`s New for 2022? -Global competitiveness and key competitor percentage market shares. -Market presence across multiple geographies - Strong/Active/Niche/Trivial.

New York, June 09, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Ginseng Industry" - https://www.reportlinker.com/p05899577/?utm_source=GNW
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Global Ginseng Market to Reach $11.7 Billion by 2026

A plant with fleshy roots and a diverse medical utility history, Ginseng is produced extensively in Korea, China, Canada, and the US, with China being the traditional market leader. Growth in the global market is being driven by rise in health consciousness among people, increasing demand for healthy food and various health benefits associated with Ginseng. The use of Ginseng in different food and beverages to create flavored healthy consumables is aiding in market growth. The increasing usage of Ginseng as a diet supplement in developed nations is also aiding its demand. Cosmetics and beauty care products are using anti-inflammatory, skin restoring, and anti-aging features of Ginseng to formulate different products leading to the rising demand for this herb. In the last few years, Ginseng has been used as a major component in moisturizers, serums, cleansers, and essences. Pharmaceutical industries are capitalizing on hypertension, diabetes, and heart disease combating features of Ginseng leading to increased demand from this sector.

Amid the COVID-19 crisis, the global market for Ginseng estimated at US$6.1 Billion in the year 2020, is projected to reach a revised size of US$11.7 Billion by 2026, growing at a CAGR of 11% over the analysis period. Asian Ginseng, one of the segments analyzed in the report, is projected to grow at a 10.7% CAGR to reach US$7.9 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the American Ginseng segment is readjusted to a revised 11.5% CAGR for the next 7-year period. This segment currently accounts for a 35.9% share of the global Ginseng market. Grown primarily in colder regions of South Korea and North Eastern China, the market for Asian ginseng is expected to benefit from rising demand from pharmaceutical, dietary supplements and cosmetics market. In China, the adoption of regulations enabling use of ginseng inf food products is fueling market growth. American Ginseng segment is likely to record strong gains, as increased demand for this product is demonstrated by all industry domains including food and beverage, healthcare, personal care. American ginseng has calming, antioxidative, anti-inflammatory, and anti-cancer properties.

The U.S. Market is Estimated at $379.9 Million in 2021, While China is Forecast to Reach $3.9 Billion by 2026

The Ginseng market in the U.S. is estimated at US$379.9 Million in the year 2021. The country currently accounts for a 5.47% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of US$3.9 Billion in the year 2026 trailing a CAGR of 13.1% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.9% and 9.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 9% CAGR while Rest of European market (as defined in the study) will reach US$4.3 Billion by the end of the analysis period. Asia-Pacific represents the leading regional market, driven by growing demand for dietary supplements and nutraceuticals and the trend towards personalized nutrition and natural supplements. Europe is another major market for ginseng, with rising popularity of botanical products among consumers as part of efforts to maintain health fueling market growth. In North America, the growing popularity of alternative medicines specifically herbal products in recent times is giving impetus and the shift towards plant-based products is fueling demand for ginseng.
Select Competitors (Total 123 Featured) -

• Ambe Phytoextracts Pvt Ltd.

• Baoji Herbest Bio-Tech Co., Ltd

• Buddha’s Herbs

• Changsha Huir Biological-Tech Co., LTD

• Clariant AG

• Daedong Korea ginseng Co., Ltd.

• Euromed S.A.

• Hangzhou Skyherb Technologies Co., Ltd

• Herbo Nutra

• ILHWA USA, INC

• Koei Kogyo Co. Ltd.

• Korean Ginseng Corp.

• Koshiro Co Ltd.

• Naturalin BioTech Co., Ltd.

• Nature’s Way Products, LLC.

• Ningbo Gianon Biotech Co., Ltd.

• NINO BIOTECH CO., LTD.

• NOW® Foods

• Organika Health Products Inc

• Orkla Health AS

• RFI Ingredients, Inc.

• Shanghai FanPharma Co., Ltd.

• ShantiNatural

• Sino-Nature International Co., Ltd.

• Xi’an Day Natural Inc.

Read the full report: https://www.reportlinker.com/p05899577/?utm_source=GNW

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Ginseng - Global Key Competitors Percentage Market Share in
2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for
Players Worldwide in 2022 (E)
Impact of COVID-19 Pandemic and Looming Recession
2020 Marked as a Year of Disruption & Transformation
World Economic Growth Projections (Real GDP, Annual % Change)
for 2020 through 2022
COVID-19 Pandemic Leads to Increased Consumer Focus on Health
and Wellness Products
Pandemic Increases Consumer Demand for Healthier Ingredients in
Foods and Beverages
COVID-19 Brings Forth Enormous Opportunities for Adaptogens
Potential Role of Ginseng in Influenza and COVID-19 Management
An Introduction to Ginseng
Processing and Types of Ginseng
Wild Ginseng and Cultivated Ginseng
Major Benefits of Ginseng
Functions and Use of Ginseng
Global Market Prospects & Outlook
Asian Ginseng Leads the Global Market
Supplements Emerge as Major End-Use Market for Ginseng
Asian Economies at the Forefront of Market Growth
Ginseng Production Worldwide: Overview
Global Ginseng Production (in Thousand Tons) by Country
Competition
World Brands
Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
Consumer Focus on Health and Wellness to Boost Popularity of
Adaptogens, Favoring Demand for Ginseng
Global Adaptogens Market by Source (in %) for 2020
Trends Towards Plant-Based Products Amidst Rising Health
Awareness Fuels Market Prospects
Rising Prominence of Ginseng as Functional Food Ingredient to
Boost Market Growth
Rising Sales of Functional Foods and Drinks to Boost Ginseng
Demand: Global Functional Foods & Beverages Sales in US$
Billion for 2020 and 2027
Rising Health Consciousness Enhances Role of Ginseng in Natural
Dietary Supplements
Global Dietary Supplements Market Size (in US$ Billion) for the
Years 2019, 2022 and 2025
Ginseng Supplements for Energy Boost
Potential Role of Ginseng in Weight Management Products
Obesity Prevalence Rate (%) in Select Countries for the Years
2019 and 2030P
Average Per Capita Annual Health Expenditure (In US$) due to
Obesity
Potential Benefits of Ginseng in Treatment of Chronic Diseases
Boosts Usage
Proven Health Benefits of Ginseng
Rising Prevalence of Lifestyle & Chronic Diseases Widens Prospects
Hypertension Prevalence (%) Worldwide by Region in Male and
Females Aged 25+ Years
World Diabetes and Population Statistics (2019, 2030 & 2045)
Fatalities by Heart Conditions: Estimated Percentage Breakdown
for Cardiovascular Disease, Ischemic Heart Disease, Stroke,
and Others
Ginseng: A Traditional Ingredient in Various Medicinal
Preparations
Ginseng Dietary Supplement Finds Interest as Immune-Modulator
Aging Human Diseases
Ginseng’s Promising Role in Neurological Disorders
KIST Develops a Novel Microwave-based Method for Red Ginseng
Processing, for Treatment of Lung Cancer
Rising Consumer Awareness about Benefits of Ginseng Consumption
Fuels Use in Food Products
Growing Demand for Ginseng in Cosmetics and Personal Care Sectors
Increased Spending on Natural and Organic Personal Care &
Cosmetic Products Propels Market Growth
Global Natural Cosmetics Market: Sales in US$ Billion for the
Years 2019, 2021, 2023 and 2025
Anti-Aging Benefits of Ginseng Propels Growth in the Cosmetics
Industry
Expanding Anti-Aging Products Market Bodes Well for Ginseng:
Global Anti-Aging Cosmetics Market for the Years 2018, 2020,
2022 and 2024
Growing Preference for Natural Products Boosts Demand for
American Ginseng
Different Methods to Grow American Ginseng
Growing Wild-simulated American Ginseng
American Ginseng Production Suffers Due to Overharvesting
Trade Wars and Pandemic Impacts American Ginseng Farmers
Ginseng Extract Market: Poised for High Growth
Concerns Over Side Effects Impede Wider Uptake

4. GLOBAL MARKET PERSPECTIVE
Table 1: World Recent Past, Current & Future Analysis for
Ginseng by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets - Independent Analysis of Annual Sales in US$ Thousand
for Years 2020 through 2027 and % CAGR

Table 2: World Historic Review for Ginseng by Geographic Region -
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 and
% CAGR

Table 3: World 15-Year Perspective for Ginseng by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa Markets for Years 2012, 2021 & 2027

Table 4: World Recent Past, Current & Future Analysis for Asian
Ginseng by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets - Independent Analysis of Annual Sales in US$ Thousand
for Years 2020 through 2027 and % CAGR

Table 5: World Historic Review for Asian Ginseng by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 and
% CAGR

Table 6: World 15-Year Perspective for Asian Ginseng by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2012, 2021 & 2027

Table 7: World Recent Past, Current & Future Analysis for
American Ginseng by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific, Latin America, Middle East and
Africa Markets - Independent Analysis of Annual Sales in US$
Thousand for Years 2020 through 2027 and % CAGR

Table 8: World Historic Review for American Ginseng by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 9: World 15-Year Perspective for American Ginseng by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2012, 2021 & 2027

Table 10: World Recent Past, Current & Future Analysis for
Supplements by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets - Independent Analysis of Annual Sales in US$ Thousand
for Years 2020 through 2027 and % CAGR

Table 11: World Historic Review for Supplements by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 and
% CAGR

Table 12: World 15-Year Perspective for Supplements by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2012, 2021 & 2027

Table 13: World Recent Past, Current & Future Analysis for
Personal Care by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets - Independent Analysis of Annual Sales in US$ Thousand
for Years 2020 through 2027 and % CAGR

Table 14: World Historic Review for Personal Care by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 and
% CAGR

Table 15: World 15-Year Perspective for Personal Care by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2012, 2021 & 2027

Table 16: World Recent Past, Current & Future Analysis for
Other End-Uses by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific, Latin America, Middle East and
Africa Markets - Independent Analysis of Annual Sales in US$
Thousand for Years 2020 through 2027 and % CAGR

Table 17: World Historic Review for Other End-Uses by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 18: World 15-Year Perspective for Other End-Uses by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2012, 2021 & 2027

III. MARKET ANALYSIS

UNITED STATES
Ginseng Market Presence - Strong/Active/Niche/Trivial - Key
Competitors in the United States for 2022 (E)
Myriad Health and Wellness Benefits Drive Herbal Supplements
Market
Overharvesting Presents a Challenge for American Ginseng
Table 19: USA Recent Past, Current & Future Analysis for
Ginseng by Product - Asian Ginseng and American Ginseng -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 20: USA Historic Review for Ginseng by Product - Asian
Ginseng and American Ginseng Markets - Independent Analysis of
Annual Sales in US$ Thousand for Years 2012 through 2019 and %
CAGR

Table 21: USA 15-Year Perspective for Ginseng by Product -
Percentage Breakdown of Value Sales for Asian Ginseng and
American Ginseng for the Years 2012, 2021 & 2027

Table 22: USA Recent Past, Current & Future Analysis for
Ginseng by End-Use - Supplements, Personal Care and Other
End-Uses - Independent Analysis of Annual Sales in US$ Thousand
for the Years 2020 through 2027 and % CAGR

Table 23: USA Historic Review for Ginseng by End-Use -
Supplements, Personal Care and Other End-Uses Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 24: USA 15-Year Perspective for Ginseng by End-Use -
Percentage Breakdown of Value Sales for Supplements, Personal
Care and Other End-Uses for the Years 2012, 2021 & 2027

CANADA
Table 25: Canada Recent Past, Current & Future Analysis for
Ginseng by Product - Asian Ginseng and American Ginseng -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 26: Canada Historic Review for Ginseng by Product - Asian
Ginseng and American Ginseng Markets - Independent Analysis of
Annual Sales in US$ Thousand for Years 2012 through 2019 and %
CAGR

Table 27: Canada 15-Year Perspective for Ginseng by Product -
Percentage Breakdown of Value Sales for Asian Ginseng and
American Ginseng for the Years 2012, 2021 & 2027

Table 28: Canada Recent Past, Current & Future Analysis for
Ginseng by End-Use - Supplements, Personal Care and Other
End-Uses - Independent Analysis of Annual Sales in US$ Thousand
for the Years 2020 through 2027 and % CAGR

Table 29: Canada Historic Review for Ginseng by End-Use -
Supplements, Personal Care and Other End-Uses Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 30: Canada 15-Year Perspective for Ginseng by End-Use -
Percentage Breakdown of Value Sales for Supplements, Personal
Care and Other End-Uses for the Years 2012, 2021 & 2027

JAPAN
Ginseng Market Presence - Strong/Active/Niche/Trivial - Key
Competitors in Japan for 2022 (E)
Table 31: Japan Recent Past, Current & Future Analysis for
Ginseng by Product - Asian Ginseng and American Ginseng -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 32: Japan Historic Review for Ginseng by Product - Asian
Ginseng and American Ginseng Markets - Independent Analysis of
Annual Sales in US$ Thousand for Years 2012 through 2019 and %
CAGR

Table 33: Japan 15-Year Perspective for Ginseng by Product -
Percentage Breakdown of Value Sales for Asian Ginseng and
American Ginseng for the Years 2012, 2021 & 2027

Table 34: Japan Recent Past, Current & Future Analysis for
Ginseng by End-Use - Supplements, Personal Care and Other
End-Uses - Independent Analysis of Annual Sales in US$ Thousand
for the Years 2020 through 2027 and % CAGR

Table 35: Japan Historic Review for Ginseng by End-Use -
Supplements, Personal Care and Other End-Uses Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 36: Japan 15-Year Perspective for Ginseng by End-Use -
Percentage Breakdown of Value Sales for Supplements, Personal
Care and Other End-Uses for the Years 2012, 2021 & 2027

CHINA
Ginseng Market Presence - Strong/Active/Niche/Trivial - Key
Competitors in China for 2022 (E)
China Continues to Witness Demand Rise for Ginseng-based Products
Table 37: China Recent Past, Current & Future Analysis for
Ginseng by Product - Asian Ginseng and American Ginseng -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 38: China Historic Review for Ginseng by Product - Asian
Ginseng and American Ginseng Markets - Independent Analysis of
Annual Sales in US$ Thousand for Years 2012 through 2019 and %
CAGR

Table 39: China 15-Year Perspective for Ginseng by Product -
Percentage Breakdown of Value Sales for Asian Ginseng and
American Ginseng for the Years 2012, 2021 & 2027

Table 40: China Recent Past, Current & Future Analysis for
Ginseng by End-Use - Supplements, Personal Care and Other
End-Uses - Independent Analysis of Annual Sales in US$ Thousand
for the Years 2020 through 2027 and % CAGR

Table 41: China Historic Review for Ginseng by End-Use -
Supplements, Personal Care and Other End-Uses Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 42: China 15-Year Perspective for Ginseng by End-Use -
Percentage Breakdown of Value Sales for Supplements, Personal
Care and Other End-Uses for the Years 2012, 2021 & 2027

EUROPE
Ginseng Market Presence - Strong/Active/Niche/Trivial - Key
Competitors in Europe for 2022 (E)
Table 43: Europe Recent Past, Current & Future Analysis for
Ginseng by Geographic Region - France, Germany, Italy, UK,
Spain, Russia and Rest of Europe Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2020 through 2027 and
% CAGR

Table 44: Europe Historic Review for Ginseng by Geographic
Region - France, Germany, Italy, UK, Spain, Russia and Rest of
Europe Markets - Independent Analysis of Annual Sales in US$
Thousand for Years 2012 through 2019 and % CAGR

Table 45: Europe 15-Year Perspective for Ginseng by Geographic
Region - Percentage Breakdown of Value Sales for France,
Germany, Italy, UK, Spain, Russia and Rest of Europe Markets
for Years 2012, 2021 & 2027

Table 46: Europe Recent Past, Current & Future Analysis for
Ginseng by Product - Asian Ginseng and American Ginseng -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 47: Europe Historic Review for Ginseng by Product - Asian
Ginseng and American Ginseng Markets - Independent Analysis of
Annual Sales in US$ Thousand for Years 2012 through 2019 and %
CAGR

Table 48: Europe 15-Year Perspective for Ginseng by Product -
Percentage Breakdown of Value Sales for Asian Ginseng and
American Ginseng for the Years 2012, 2021 & 2027

Table 49: Europe Recent Past, Current & Future Analysis for
Ginseng by End-Use - Supplements, Personal Care and Other
End-Uses - Independent Analysis of Annual Sales in US$ Thousand
for the Years 2020 through 2027 and % CAGR

Table 50: Europe Historic Review for Ginseng by End-Use -
Supplements, Personal Care and Other End-Uses Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 51: Europe 15-Year Perspective for Ginseng by End-Use -
Percentage Breakdown of Value Sales for Supplements, Personal
Care and Other End-Uses for the Years 2012, 2021 & 2027

FRANCE
Ginseng Market Presence - Strong/Active/Niche/Trivial - Key
Competitors in France for 2022 (E)
Table 52: France Recent Past, Current & Future Analysis for
Ginseng by Product - Asian Ginseng and American Ginseng -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 53: France Historic Review for Ginseng by Product - Asian
Ginseng and American Ginseng Markets - Independent Analysis of
Annual Sales in US$ Thousand for Years 2012 through 2019 and %
CAGR

Table 54: France 15-Year Perspective for Ginseng by Product -
Percentage Breakdown of Value Sales for Asian Ginseng and
American Ginseng for the Years 2012, 2021 & 2027

Table 55: France Recent Past, Current & Future Analysis for
Ginseng by End-Use - Supplements, Personal Care and Other
End-Uses - Independent Analysis of Annual Sales in US$ Thousand
for the Years 2020 through 2027 and % CAGR

Table 56: France Historic Review for Ginseng by End-Use -
Supplements, Personal Care and Other End-Uses Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 57: France 15-Year Perspective for Ginseng by End-Use -
Percentage Breakdown of Value Sales for Supplements, Personal
Care and Other End-Uses for the Years 2012, 2021 & 2027

GERMANY
Ginseng Market Presence - Strong/Active/Niche/Trivial - Key
Competitors in Germany for 2022 (E)
Table 58: Germany Recent Past, Current & Future Analysis for
Ginseng by Product - Asian Ginseng and American Ginseng -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 59: Germany Historic Review for Ginseng by Product -
Asian Ginseng and American Ginseng Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 60: Germany 15-Year Perspective for Ginseng by Product -
Percentage Breakdown of Value Sales for Asian Ginseng and
American Ginseng for the Years 2012, 2021 & 2027

Table 61: Germany Recent Past, Current & Future Analysis for
Ginseng by End-Use - Supplements, Personal Care and Other
End-Uses - Independent Analysis of Annual Sales in US$ Thousand
for the Years 2020 through 2027 and % CAGR

Table 62: Germany Historic Review for Ginseng by End-Use -
Supplements, Personal Care and Other End-Uses Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 63: Germany 15-Year Perspective for Ginseng by End-Use -
Percentage Breakdown of Value Sales for Supplements, Personal
Care and Other End-Uses for the Years 2012, 2021 & 2027

ITALY
Table 64: Italy Recent Past, Current & Future Analysis for
Ginseng by Product - Asian Ginseng and American Ginseng -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 65: Italy Historic Review for Ginseng by Product - Asian
Ginseng and American Ginseng Markets - Independent Analysis of
Annual Sales in US$ Thousand for Years 2012 through 2019 and %
CAGR

Table 66: Italy 15-Year Perspective for Ginseng by Product -
Percentage Breakdown of Value Sales for Asian Ginseng and
American Ginseng for the Years 2012, 2021 & 2027

Table 67: Italy Recent Past, Current & Future Analysis for
Ginseng by End-Use - Supplements, Personal Care and Other
End-Uses - Independent Analysis of Annual Sales in US$ Thousand
for the Years 2020 through 2027 and % CAGR

Table 68: Italy Historic Review for Ginseng by End-Use -
Supplements, Personal Care and Other End-Uses Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 69: Italy 15-Year Perspective for Ginseng by End-Use -
Percentage Breakdown of Value Sales for Supplements, Personal
Care and Other End-Uses for the Years 2012, 2021 & 2027

UNITED KINGDOM
Ginseng Market Presence - Strong/Active/Niche/Trivial - Key
Competitors in the United Kingdom for 2022 (E)
Table 70: UK Recent Past, Current & Future Analysis for Ginseng
by Product - Asian Ginseng and American Ginseng - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 71: UK Historic Review for Ginseng by Product - Asian
Ginseng and American Ginseng Markets - Independent Analysis of
Annual Sales in US$ Thousand for Years 2012 through 2019 and %
CAGR

Table 72: UK 15-Year Perspective for Ginseng by Product -
Percentage Breakdown of Value Sales for Asian Ginseng and
American Ginseng for the Years 2012, 2021 & 2027

Table 73: UK Recent Past, Current & Future Analysis for Ginseng
by End-Use - Supplements, Personal Care and Other End-Uses -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 74: UK Historic Review for Ginseng by End-Use -
Supplements, Personal Care and Other End-Uses Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 75: UK 15-Year Perspective for Ginseng by End-Use -
Percentage Breakdown of Value Sales for Supplements, Personal
Care and Other End-Uses for the Years 2012, 2021 & 2027

SPAIN
Table 76: Spain Recent Past, Current & Future Analysis for
Ginseng by Product - Asian Ginseng and American Ginseng -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 77: Spain Historic Review for Ginseng by Product - Asian
Ginseng and American Ginseng Markets - Independent Analysis of
Annual Sales in US$ Thousand for Years 2012 through 2019 and %
CAGR

Table 78: Spain 15-Year Perspective for Ginseng by Product -
Percentage Breakdown of Value Sales for Asian Ginseng and
American Ginseng for the Years 2012, 2021 & 2027

Table 79: Spain Recent Past, Current & Future Analysis for
Ginseng by End-Use - Supplements, Personal Care and Other
End-Uses - Independent Analysis of Annual Sales in US$ Thousand
for the Years 2020 through 2027 and % CAGR

Table 80: Spain Historic Review for Ginseng by End-Use -
Supplements, Personal Care and Other End-Uses Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 81: Spain 15-Year Perspective for Ginseng by End-Use -
Percentage Breakdown of Value Sales for Supplements, Personal
Care and Other End-Uses for the Years 2012, 2021 & 2027

RUSSIA
Table 82: Russia Recent Past, Current & Future Analysis for
Ginseng by Product - Asian Ginseng and American Ginseng -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 83: Russia Historic Review for Ginseng by Product - Asian
Ginseng and American Ginseng Markets - Independent Analysis of
Annual Sales in US$ Thousand for Years 2012 through 2019 and %
CAGR

Table 84: Russia 15-Year Perspective for Ginseng by Product -
Percentage Breakdown of Value Sales for Asian Ginseng and
American Ginseng for the Years 2012, 2021 & 2027

Table 85: Russia Recent Past, Current & Future Analysis for
Ginseng by End-Use - Supplements, Personal Care and Other
End-Uses - Independent Analysis of Annual Sales in US$ Thousand
for the Years 2020 through 2027 and % CAGR

Table 86: Russia Historic Review for Ginseng by End-Use -
Supplements, Personal Care and Other End-Uses Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 87: Russia 15-Year Perspective for Ginseng by End-Use -
Percentage Breakdown of Value Sales for Supplements, Personal
Care and Other End-Uses for the Years 2012, 2021 & 2027

REST OF EUROPE
Table 88: Rest of Europe Recent Past, Current & Future Analysis
for Ginseng by Product - Asian Ginseng and American Ginseng -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 89: Rest of Europe Historic Review for Ginseng by Product -
Asian Ginseng and American Ginseng Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 90: Rest of Europe 15-Year Perspective for Ginseng by
Product - Percentage Breakdown of Value Sales for Asian Ginseng
and American Ginseng for the Years 2012, 2021 & 2027

Table 91: Rest of Europe Recent Past, Current & Future Analysis
for Ginseng by End-Use - Supplements, Personal Care and Other
End-Uses - Independent Analysis of Annual Sales in US$ Thousand
for the Years 2020 through 2027 and % CAGR

Table 92: Rest of Europe Historic Review for Ginseng by End-Use -
Supplements, Personal Care and Other End-Uses Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 93: Rest of Europe 15-Year Perspective for Ginseng by
End-Use - Percentage Breakdown of Value Sales for Supplements,
Personal Care and Other End-Uses for the Years 2012, 2021 &
2027

ASIA-PACIFIC
Ginseng Market Presence - Strong/Active/Niche/Trivial - Key
Competitors in Asia-Pacific for 2022 (E)
Table 94: Asia-Pacific Recent Past, Current & Future Analysis
for Ginseng by Geographic Region - Australia, India, South
Korea and Rest of Asia-Pacific Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2020 through 2027 and
% CAGR

Table 95: Asia-Pacific Historic Review for Ginseng by
Geographic Region - Australia, India, South Korea and Rest of
Asia-Pacific Markets - Independent Analysis of Annual Sales in
US$ Thousand for Years 2012 through 2019 and % CAGR

Table 96: Asia-Pacific 15-Year Perspective for Ginseng by
Geographic Region - Percentage Breakdown of Value Sales for
Australia, India, South Korea and Rest of Asia-Pacific Markets
for Years 2012, 2021 & 2027

Table 97: Asia-Pacific Recent Past, Current & Future Analysis
for Ginseng by Product - Asian Ginseng and American Ginseng -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 98: Asia-Pacific Historic Review for Ginseng by Product -
Asian Ginseng and American Ginseng Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 99: Asia-Pacific 15-Year Perspective for Ginseng by
Product - Percentage Breakdown of Value Sales for Asian Ginseng
and American Ginseng for the Years 2012, 2021 & 2027

Table 100: Asia-Pacific Recent Past, Current & Future Analysis
for Ginseng by End-Use - Supplements, Personal Care and Other
End-Uses - Independent Analysis of Annual Sales in US$ Thousand
for the Years 2020 through 2027 and % CAGR

Table 101: Asia-Pacific Historic Review for Ginseng by End-Use -
Supplements, Personal Care and Other End-Uses Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 102: Asia-Pacific 15-Year Perspective for Ginseng by
End-Use - Percentage Breakdown of Value Sales for Supplements,
Personal Care and Other End-Uses for the Years 2012, 2021 &
2027

AUSTRALIA
Ginseng Market Presence - Strong/Active/Niche/Trivial - Key
Competitors in Australia for 2022 (E)
Table 103: Australia Recent Past, Current & Future Analysis for
Ginseng by Product - Asian Ginseng and American Ginseng -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 104: Australia Historic Review for Ginseng by Product -
Asian Ginseng and American Ginseng Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 105: Australia 15-Year Perspective for Ginseng by Product -
Percentage Breakdown of Value Sales for Asian Ginseng and
American Ginseng for the Years 2012, 2021 & 2027

Table 106: Australia Recent Past, Current & Future Analysis for
Ginseng by End-Use - Supplements, Personal Care and Other
End-Uses - Independent Analysis of Annual Sales in US$ Thousand
for the Years 2020 through 2027 and % CAGR

Table 107: Australia Historic Review for Ginseng by End-Use -
Supplements, Personal Care and Other End-Uses Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 108: Australia 15-Year Perspective for Ginseng by End-Use -
Percentage Breakdown of Value Sales for Supplements, Personal
Care and Other End-Uses for the Years 2012, 2021 & 2027

INDIA
Ginseng Market Presence - Strong/Active/Niche/Trivial - Key
Competitors in India for 2022 (E)
Table 109: India Recent Past, Current & Future Analysis for
Ginseng by Product - Asian Ginseng and American Ginseng -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 110: India Historic Review for Ginseng by Product - Asian
Ginseng and American Ginseng Markets - Independent Analysis of
Annual Sales in US$ Thousand for Years 2012 through 2019 and %
CAGR

Table 111: India 15-Year Perspective for Ginseng by Product -
Percentage Breakdown of Value Sales for Asian Ginseng and
American Ginseng for the Years 2012, 2021 & 2027

Table 112: India Recent Past, Current & Future Analysis for
Ginseng by End-Use - Supplements, Personal Care and Other
End-Uses - Independent Analysis of Annual Sales in US$ Thousand
for the Years 2020 through 2027 and % CAGR

Table 113: India Historic Review for Ginseng by End-Use -
Supplements, Personal Care and Other End-Uses Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 114: India 15-Year Perspective for Ginseng by End-Use -
Percentage Breakdown of Value Sales for Supplements, Personal
Care and Other End-Uses for the Years 2012, 2021 & 2027

SOUTH KOREA
Demand for Korean Red Ginseng Continues to Grow
% of Koreans Purchasing Health Functional Foods for 2012-2020
Health Functional Product Sales by Type (in %) in South Korea:
2020
Table 115: South Korea Recent Past, Current & Future Analysis
for Ginseng by Product - Asian Ginseng and American Ginseng -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 116: South Korea Historic Review for Ginseng by Product -
Asian Ginseng and American Ginseng Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 117: South Korea 15-Year Perspective for Ginseng by
Product - Percentage Breakdown of Value Sales for Asian Ginseng
and American Ginseng for the Years 2012, 2021 & 2027

Table 118: South Korea Recent Past, Current & Future Analysis
for Ginseng by End-Use - Supplements, Personal Care and Other
End-Uses - Independent Analysis of Annual Sales in US$ Thousand
for the Years 2020 through 2027 and % CAGR

Table 119: South Korea Historic Review for Ginseng by End-Use -
Supplements, Personal Care and Other End-Uses Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 120: South Korea 15-Year Perspective for Ginseng by
End-Use - Percentage Breakdown of Value Sales for Supplements,
Personal Care and Other End-Uses for the Years 2012, 2021 &
2027

REST OF ASIA-PACIFIC
Table 121: Rest of Asia-Pacific Recent Past, Current & Future
Analysis for Ginseng by Product - Asian Ginseng and American
Ginseng - Independent Analysis of Annual Sales in US$ Thousand
for the Years 2020 through 2027 and % CAGR

Table 122: Rest of Asia-Pacific Historic Review for Ginseng by
Product - Asian Ginseng and American Ginseng Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 123: Rest of Asia-Pacific 15-Year Perspective for Ginseng
by Product - Percentage Breakdown of Value Sales for Asian
Ginseng and American Ginseng for the Years 2012, 2021 & 2027

Table 124: Rest of Asia-Pacific Recent Past, Current & Future
Analysis for Ginseng by End-Use - Supplements, Personal Care
and Other End-Uses - Independent Analysis of Annual Sales in
US$ Thousand for the Years 2020 through 2027 and % CAGR

Table 125: Rest of Asia-Pacific Historic Review for Ginseng by

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