Korean Red Ginseng Market to hit US$ 1,256.86 Million by 2031 | Major Companies 2026 - Korea Ginseng Corp., Daedong Korea Ginseng Co. Ltd., Korea Ginseng Bio-Science

Leander, Texas and Tokyo, Japan - Jan.06.2026
As per DataM intelligence research report" Korean Red Ginseng Market reached US$ 754.12 million in 2023 and is expected to reach US$ 1256.86 million by 2031, growing with a CAGR of 5.1% during the forecast period 2024-2031." Immune support and functional wellness trends are boosting Korean red ginseng consumption.

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United States: Recent Industry Developments

✅ In November 2025, CheongKwanJang (KGC) opened a new flagship wellness center in Los Angeles The center offers ginseng spa treatments and personalized supplement blending It elevates the brand image of Korean ginseng in the U.S. luxury wellness market

✅ In October 2025, Costco U.S. expanded its distribution of "Everytime" ginseng stick packs nationwide The convenient liquid format appeals to busy American professionals seeking energy without caffeine It drives mass market adoption of the traditional herbal remedy

✅ In September 2025, A U.S. beverage startup launched a sparkling ginseng energy drink The product combines red ginseng with fruit flavors to mask the bitter earthiness It targets Gen Z consumers looking for natural functional beverages

✅ In August 2025, The NIH funded a study on the effects of Korean Red Ginseng on long-COVID fatigue The research aims to validate the adaptogenic properties of the herb in post-viral recovery It could open a new therapeutic indication in the U.S. market

Japan: Recent Industry Developments

✅ In December 2025, Lotte introduced a premium "Red Ginseng Chocolate" for the winter gift season The confectionery combines high-quality ginseng extract with dark chocolate It positions ginseng as a sophisticated, health-conscious gift option

✅ In November 2025, A major Japanese drugstore chain launched a private label red ginseng drink The affordable product targets the daily fatigue recovery market for salarymen It competes with traditional caffeine-based energy shots

✅ In October 2025, LG Household & Health Care launched a red ginseng-infused anti-aging skincare line in Japan The cosmetics use fermented ginseng to improve skin elasticity It taps into the popularity of "Hanbang" (traditional herbal) beauty in Japan

✅ In September 2025, A Japanese study confirmed the synergy between red ginseng and arginine for vitality The findings supported new product launches targeting male health It reinforces the traditional use of ginseng for stamina in Japan

Korean Red Ginseng Market: Drivers
The Korean red ginseng market is expanding due to rising global demand for natural supplements promoting immunity, energy, and cognitive function. Increasing awareness of herbal medicine benefits supports adoption. Technological advancements in extraction and formulation improve bioavailability. Growing functional food and nutraceutical applications drive product development. Expansion of e-commerce and retail distribution channels enhances market reach. Regulatory certifications and quality standards strengthen consumer confidence. Traditional and wellness-focused marketing campaigns further boost adoption.

Market growth is reinforced by rising consumer focus on preventive health and longevity. Product innovation in beverages, capsules, and extracts enhances appeal. Partnerships between ginseng producers and supplement companies support commercialization. Emerging markets with growing disposable income show increased consumption. Research validating health benefits strengthens market positioning. Korean red ginseng remains a prominent herbal ingredient in global wellness markets.

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Korean Red Ginseng Market: Major Players
Korea Ginseng Corp., Daedong Korea Ginseng Co., Ltd., Korea Ginseng Bio-Science, KT&G Corp, The Himalayan Organics, Auragin, Solgar Inc., aSquared Brands, LLC, Swanson Vitamins, and Prominent Nutrition.

Segment Covered in the Korean Red Ginseng Market:
By Form
The market is segmented into Capsules 40%, Liquid 30%, Powder 20%, and Others 10%, with capsules dominating due to convenience, standardized dosing, and wide availability as dietary supplements. Liquid forms, including tonics and extracts, are popular for faster absorption and traditional consumption patterns. Powdered ginseng is used in functional foods and beverages. Rising demand for convenient health supplements supports form adoption.

By Application
Applications include Immune System Support 35%, Diabetes Management 20%, Heart Health 15%, Impotence & Sexual Wellness 15%, and Others 15%, with immune system support dominating due to growing consumer focus on immunity and preventive healthcare. Diabetes and heart health applications are expanding steadily. Sexual wellness products are gaining traction with increasing acceptance of herbal supplements. Scientific validation of ginseng benefits supports application growth.

By Distribution Channel
Distribution channels include Offline 65% and Online 35%, with offline channels dominating due to strong presence in pharmacies, specialty herbal stores, and supermarkets. Online channels are growing rapidly with e-commerce expansion, brand websites, and cross-border sales. Digital marketing and direct-to-consumer models support online growth.

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