1 / 10

Ginseng Market – Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

Ginseng Market u2013 Size, Share, Outlook, and Opportunity Analysis, 2019 u2013 2027<br>

amshrihari
Télécharger la présentation

Ginseng Market – Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com COVID-19 Impact Tracker

  2. GINSENG MARKET ANALYSIS Ginseng Market, by Product Form (Powder, Liquid and Capsules), by Application (Pharmaceutical, Food and Beverages, Dietary Supplements, Personal Care, and Oral Care), by Distribution Channel (Online Retailing, Pharmacies/Drugstores, Hypermarket/Supermarket, and Direct Selling), and by Region (Europe, North America, Latin America, Middle East & Africa, and Asia Pacific) – Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

  3. Market Overview Ginseng is a slow growing perennial plant which can live for more than a century and has green oval-shaped leaves with fleshy roots. There are mainly two types of ginseng: American ginseng and Asian ginseng. American ginseng is known as Panaxquinquefolius and Asian ginseng is named Panax ginseng. Globally, ginseng is used as an herb that boosts energy levels of the body. Because of its antioxidant and anti-inflammatory properties, ginseng helps to boost the immune system, and hence reduces risk of viral and microbial infections. Furthermore, ginseng helps to reduce the risk of cancers such as lung cancer, skin cancer and liver cancer. Other health benefits associated with ginseng include reducing blood sugar, and improvement in brain functions such as memory and behavioral functions.

  4. Market Dynamics Ginseng is principally produced in the U.S., Canada, and South Korea. In China, ginseng is used as an herbal medicine for centuries, and is one of its leading consumers. Asia Pacific holds a dominant position in the market for ginseng and is also the fastest growing market. This is due to increasing health awareness among consumers in this region. Ginseng helps to reduce the risk of chronic diseases such as heart disease, high blood pressure, and others. According to India Brand Equity Foundation, India healthcare sector is expected to reach US$ 372 billion by 2022 from US$ 110 billion in 2016. Since ginseng is used as an herbal medicine, it has a wide range of applications in the pharmaceutical industry. A significant growth in the pharmaceutical industry is expected to boost the ginseng market growth in the Asia Pacific region during the forecast period.

  5. Market Outlook Currently, ginseng is being used in the personal care industry for products such as moisturizers, skin softeners, and others, due to its antioxidant properties that help to cure damaged and dry skin. Ginseng enhances the natural glow of the skin, improves the blood flow and also possesses anti-aging properties. Increasing disposable income and high demand for personal care products is expected to result in a surge in demand for ginseng. According to the Italian Association of Cosmetics Industries, personal care market was expected to reach the total market size of US$ 17,735 million in 2018 from US$ 13,018 million in 2015. Therefore, significant growth in personal care industry is expected to boost the ginseng market growth over the forecast period..

  6. Key Players Major players operating in the global ginseng market include Amway, Boots Company PLC, NOW Foods, Oxford Vitality, BAYLIS and HARDING, Glanbia, RFI Ingredients, Korean Ginseng Export Corporation, Nature Essential, Jilin Zixin Pharmaceutical Industrial, Starwest Botanicals, Hain Celestial, Nutra Green Biotechnology, Bounce Foods, Hain Celestial, Kefiplant, Naka Focus, Ethical Naturals, Ranbaxy Laboratories, Victoria Health, AllcuraNaturheilmittel GmbH, Great Mountain Ginseng, Elemis Ltd., Inovital, and others.

  7. Request Sample Report • Download PDF Brochure • Request Customization • Talk to Analyst BUY NOW For Your Reference: https://www.coherentmarketinsights.com/ongoing-insight/ginseng-market-2587

  8. About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

  9. Contact Us Mr. Shah Coherent Market Insights Private Ltd. Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com

  10. Thank You! Kindly follow CMI Social Media Profiles for the latest company updates FacebookLinkedIn Twitter https://www.coherentmarketinsights.com/

More Related