Press release
Increasing government initiatives to protect the Ginseng Market 2017-2021
About Ginseng
Ginseng is a slow-growing perennial plant with fleshy roots. It belongs to the genus Panax of the family Araliaceae. It is found in North America and in Eastern Asia, typically in cooler climates. Ginseng is one of the widely-used herbs that boosts the energy levels of the body. There are two popular types of ginseng: Asian ginseng and American ginseng. The Asian ginseng is also known as Panax ginseng, and the American ginseng is also called Panax quinquefolius.
Technavios analysts forecast the global ginseng market to grow at a CAGR of 12.46% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global ginseng market for 2017-2021. To calculate the market size, the report considers sales, volume, and value.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Ginseng Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
ILHWA
Jilin Zixin Pharmaceutical
Korea Ginseng Corporation (KGC)
RFI Ingredients
Starwest Botanicals
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Other prominent vendors
Amway
BAYLIS & HARDING
Bounce Foods
Elemis
Ethical Naturals
Glanbia
Great Mountain Ginseng
Hain Celestial
Kefiplant
Naka Focus
NOW Foods
Nutra Green Biotechnology
Ranbaxy Laboratories
The Boots Company
Victoria Health
Market driver
Growing health consciousness and obese population
For a full, detailed list, view our report
Market challenge
Threat from other ingredients with similar benefits
For a full, detailed list, view our report
Market trend
Increasing government initiatives to protect the ginseng plant
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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