Ginseng is one of the most popular herbal medicines in the world. Ginseng has also been studied as a way to improve mood and boost endurance as well as treat cancer, heart disease, fatigue, erectile dysfunction, hepatitis C, high blood pressure, menopausal symptoms, and other conditions. While some of these uses are promising, the evidence isnÕt conclusive.
Scope of the Report:Asia-Pacific has the largest global export quantity and manufacturers in Ginseng Supplements market, while the Europe is the second sales volume market for Ginseng Supplements in 2016.
In the industry, KGC profits most in 2016 and recent years, while Pharmaton and Boots ranked 2 and 3.The market share of them is 41.17%, 6.05% and 3.76% in 2016.The gap of market share is keep on enlarged due to different strategy.
The Ginseng Supplements still have a lot of opportunities with this huge market ahead. However, the enterprises have to solve the problems such as material source, high operating cost, some technical difficulties and the problem of lack of content and so on.
The global Ginseng Supplements market is valued at 2660 million USD in 2018 and is expected to reach 4140 million USD by the end of 2026, growing at a CAGR of 7.7% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Ginseng Supplements.
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
This report studies the Ginseng Supplements market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Ginseng Supplements market by product type and applications/end industries.
Market Segment by Companies, this report covers KGC
Pharmaton
Boots
Jilin Zixin Pharmaceutical Industrial
Allcura Naturheilmittel GmbH
Orkla Health
NOW Foods
Nature's
Buddha's Herbs
Ginsana
Swanson
Puritan's Pride
Solar
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Capsules
Tablet
Liquid
Others
Market Segment by Applications, can be divided into Children
Teenagers
Middle-aged
Senior
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.