openPR Logo
Press release

Ginseng Market: Market Intelligence and Market Trends

01-07-2019 12:14 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Future Market Insights (FMI) delivers key insights on the global ginseng market in its upcoming outlook titled, 'Ginseng Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2027'. In terms of value, the global ginseng market is projected to experience a healthy CAGR of 4.8% during the period of forecast, due to various factors such as globalization and increase in consumer acceptance for oriental and Asian flavors and demand for Chinese herbal medicine.

Ginseng is a very popular herbal medicine, and has been used for more than 4,500 years. Many research studies provide support for the use of ginseng in the management of heart problems, diabetes, hypertension, hyperlipidemia, and various other health issues. It has been used as a herbal medicine in China for a very long time. On the basis of source, the ginseng market can be segmented into wild and cultivated ginseng.

A sample of this report is available upon request @  https://www.futuremarketinsights.com/reports/sample/rep-gb-1577

The availability of wild ginseng has declined in various regions around the world, including China, South Korea, etc., due to less seed germination, slow maturation, and overexploitation, and therefore, there has been a meteoric rise in the price of wild ginseng. As there has been a limitation in the availability of wild ginseng, the cultivation of ginseng has increased to fulfill the needs of consumers. The prices of cultivated ginseng are less as compared to wild ginseng, and depend on the age of the ginseng root. The demand for cultivated American ginseng is increasing across the world, with China as one of the leading consumers.

Organic Ginseng Entices Health-Conscious Consumers

The excessive use of chemicals during crop cultivation causes degradation of the soil, and therefore, has an adverse effect on crop productivity. These chemicals further enter the food chain and can cause side-effects in humans and other living organisms. The awareness among consumers about the health hazards due to these chemicals has increased, and therefore, they prefer the use of organic products. Due to this trend, manufacturers have started producing organic ginseng products to satisfy the requirements of consumers.

The Emergence of Ginseng in the Personal Care Industry

Ginseng has applications in food, beverage, nutraceutical, and pharmaceutical industries. Recently, it has been used in personal care products such as moisturizers, cleansers, softeners, exfoliators, serums, essences, etc. It has an antioxidant property that can help cure dry and damaged skin. Ginseng also provides anti-aging benefits and improves the blood flow, which enhances the natural glow of the skin. In recent years, the use of beauty and personal care products has increased amongst various age groups, which is likely to have a favourable impact on the demand for ginseng. Due to changing lifestyles and the influence of Western culture, the demand for personal care products is anticipated to increase in the Asia Pacific region. The use of ginseng in a variety of beauty products is likely to increase during the forecast period. Europe and North America are also expected to provide profitable growth opportunities for the ginseng market. The utilization of ginseng in the personal care industry is expected to grow at a CAGR of 4.7% in revenue terms during the forecast period.

Read Comprehensive Overview with Methodology of Report @ https://www.futuremarketinsights.com/askus/rep-gb-1577

This report covers the trends that are driving each segment, and provides analysis and insights of the potential of the ginseng market in particular regions. Asia Pacific is expected to register a high growth rate between 2018 and 2027, and China, which is one of the largest importers of ginseng, is expected to set the pace for ginseng demand over the forecast period. According to market attractiveness, China and South Korea are relatively more attractive regions in the ginseng market.

Detailed profiles of the players have also provided in the scope of the report to evaluate their long-term and short-term strategies, key offerings, and recent developments in the ginseng space. Key ginseng players include Korean Ginseng Export Corporation, Organika Health Products Inc, Daedong Korea Ginseng Co., Ltd., Ilhwa Co. Ltd., Korea Ginseng Corp., Ningbo Gianon Biotech Co., Ltd., RFI Ingredients, Inc., Koshiro Co Ltd., Sino-Nature International Co., Ltd., and Shanghai FanPharma Co., Ltd., amongst others.

About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

Contact Us
U.S. Office
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Web: https://www.futuremarketinsights.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Ginseng Market: Market Intelligence and Market Trends here

News-ID: 1475110 • Views: 274

More Releases from Future Market Insights

Sleep Apnea Diagnostic System Market SWOT Analysis by Top Key Players- Koninklij …
Future Market Insights offers 10-year forecast for the global sleep apnea diagnostic system market. The primary objective of this report is to offer updates and information related to market opportunities in the global sleep apnea diagnostic system market. It also offers insights on the market dynamics that can influence growth of the global sleep apnea diagnostic system market over the forecast period. Comprehensive study on key market and price trends,
Global Proteinase K Market Current and Future Trends, Leading Players, Industry …
Future Market Insights offers a 10-year forecast on the global Proteinase K market. The primary objective of the report is to offer updates and information related to market opportunities in the global Proteinase K market. Report Description In this report Future Market Insights digs deep into the market and analyses several key factors which are influencing the growth of the market during the assessment period. Detailed profiles of Proteinase K product manufacturers
Hirschsprung Disease Treatment Market By 2027 Top Winning Strategies, COVID-19 I …
Impact of COVID-19 on the Healthcare Industry The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Healthcare industry as well. The thriving market of health care research and development is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials
Impact Of Covid-19 On Rapid Test Cards Market Demand and Future Scope With Top K …
Impact of COVID-19 on the Healthcare Industry The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Healthcare industry as well. The thriving market of health care research and development is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials

All 5 Releases


More Releases for Ginseng

Global Ginseng Supplements Market Report 2019 Companies included NuSci Panax Gin …
#7th Edition Ginseng Supplements market report recently has been published by market reports company. It features comprehensive market outlook based on historic data from 2013 to 2018 and estimated market trends during the forecast period from 2018 to 2026. To access complete insights of global Ginseng Supplements market report: sales@marketreportscompany.com The Ginseng Supplements market delivers a wide array of primary and secondary data with respect to regional and global market. In-depth
Future Growth: Ginseng Supplements Market By Key Players: NuSci Panax Ginseng, S …
Qyresearchreports include new market research report Ginseng Supplements to its huge collection of research reports. This business intelligence publication on the global Ginseng Supplements market is an analytics assessment that has been prepared to aid to the strategic decision making of the vendors connected to the value chain of the market. The report aspires to aid its targeted audiences in detecting the specific lucrative avenues and hence gain ground over their
Ginseng Supplements 2018 Global Industry Key Players - NuSci Panax Ginseng , So …
Global Ginseng Supplements Market In this report, the global Ginseng Supplements market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Global Ginseng Supplements market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including  Nature’s Answer American Ginseng  NuSci Panax Ginseng  Solgar Korean
Global Ginseng Supplements market 2018 - NuSci Panax Ginseng, Solgar Korean Gins …
Apex Market Reports, recently published a detailed market research study focused on the "Ginseng Supplements Market" across the global, regional and country level. The report provides 360° analysis of "Ginseng Supplements Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Ginseng Supplements industry, and estimates the future trend of Ginseng Supplements market
Ginseng Supplements Market Outlook 2017 - Natures Way Korean Ginseng, Spring Val …
Ginseng Supplements Market Research 2017 A market study ” Global Ginseng Supplements Market ” examines the performance of the Ginseng Supplements market 2017. It encloses an in-depth Research of the Ginseng Supplements market state and the competitive landscape globally. This report analyzes the potential of Ginseng Supplements market in the present and the future prospects from various angles in detail. The Global Ginseng Supplements Market 2017 report includes Ginseng Supplements market Revenue,
04-25-2017 | Health & Medicine
WGR123
Ginseng Supplements 2017 Global Market Key Players - Nature’s Answer American …
Ginseng Supplements Market Wiseguyreports.Com Adds “Ginseng Supplements Market -Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2022” To Its Research Database. Description: This report studies Ginseng Supplements in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from