Ginseng Market: Market Demand, Growth, Market Status, Supplier and Opportunity Assessment 2018-2028

Posted on 2019-03-20 by Mark Hub in Food & Beverage // 0 Comments

Albany, US 2019-Mar-20 — /EPR Network/ —Market Research Hub (MRH) has carefully analyzed this research study titled Ginseng Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028, which is available on its online portal. The aim of this assessment is to highlight the various projections expected to occur in the global market for Ginseng. Readers can gain knowledge related to prime market facets such as market size, Y-o-Y growth and market dynamics, which are projected to change during the stated forecast period. According to research findings, the global Ginseng is likely to advance at a steady CAGR of during the period between 2018 and 2028.

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FMI has compiled a study on ginseng, which offers an analysis and forecast of the ginseng market, in its publication titled, Ginseng Market: Global Industry Analysis 20132017 and Opportunity Assessment 20182027. This report on the ginseng market covers some of the vital facets that are key influencing factors on the demand and supply of ginseng over the next several years. An in-depth review of the growth drivers, potential challenges, unique trends, and opportunities for market participants equip readers to fully comprehend the overall landscape of the ginseng market. The report on the ginseng market also covers analysis of key regions and countries of particular interest that are anticipated to become frontrunners or remain laggards over the forecast period. The report covers a historical analysis of the market from 2013 to 2017, and provides forecasts from 2018 to 2027 in terms of volume in metric tons and revenue in US$.

Ginseng is an oval-shaped adaptogenic root that has medicinal properties. It is considered as an adaptogen because it regulates the metabolic stress present within the body. Due to the limited availability of wild ginseng, it is one of the most expensive herbs. Ginseng tea is a herbal tea that is predominantly used in Korean traditions, and is prepared using ginseng. It is also incorporated in various Asian recipes, and is extensively used in China and Korea. It has an earthy sweetness that can perfectly blend with rosemary, cinnamon, ginger, clove, chillies, and other spices, and therefore, is also used in the preparation of a variety of soups. Fresh ginseng is less bitter when compared to the dried variety. It can be also used as a tonic to improve the functioning of the kidneys, spleen, etc., and thus restore the energy in the body. There are different varieties of ginseng such as the American ginseng, Oriental ginseng, Siberian ginseng, etc., which differ in taxonomy.

Ginseng cultivation requires specific growth conditions, such as around 70% to 90% shade, specific temperature, soil pH, etc., and therefore, is cultivated only in certain regions around the world. Unpredictable changes in climate due to global warming can have a negative impact on the production of ginseng, and as such affect its market. But by using modern technology, ginseng can be cultivated under artificial shade. Also, the simulation of other specific conditions such as pH, temperature, moisture, etc., can help increase its production. The use of artificial shade and simulation of growth conditions have been practiced all around the world, and can enable an increase in its production. This is likely to have a positive impact on the ginseng market.

This report on the ginseng market has been broken down into different chapters to enhance clarity and provide context. A brief executive summary at the beginning of the report consists of some of the key findings of the study on the ginseng market, as well as market estimates and growth rates for important segments. The following chapter presents the definitions and scope of the study, as well as the coverage in terms of the way the market is structured. Subsequently, the chapter on market background presents the evolution of ginseng, relevant economic indicators such as GDP and per capita consumption, including an assessment of the supply chain, policy developments and regulatory scenario, and dynamics impacting the ginseng market, as well as an explanation of the factors considered important to develop forecasts and estimates.

The report on the ginseng market also includes a chapter on pricing analysis, highlighting price point variations between different regions and products, including pricing forecasts. The following chapters dive deep into the global market, covering detailed information based on region, source, end use, form and variety. The next set of chapters provide region-wise analysis and forecasts of the market, covering vital aspects of the market in North America, Latin America, Europe, China, Asia Pacific excluding China, and the Middle East and Africa.

A dashboard view of some of the key companies operating in the ginseng market in terms of their offerings, regional presence, and other metrics is a precursor to detailed profiles of these participants including financial information, strategy overview, and SWOT analysis, market share, as well as analyst commentary. Some of the key players analyzed in the ginseng market report 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.

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Global Ginseng Market – Executive Summary

Global Ginseng Market Overview

Introduction

Global Ginseng Market Taxonomy

Global Ginseng Market Definition

Global Ginseng Market Size (US$ Mn & Volume (MT)) and Forecast, 2013-2027

Global Ginseng Market Y-o-Y Growth

Global Ginseng Market Dynamics

Supply Chain Analysis

Cost Structure

Pricing Analysis

Ginseng Processing Overview

Ginseng Trade Scenario

Key Participants Market Presence (Intensity Map) By Region

Global Ginseng Market Analysis and Forecast 2013-2027

Global Economic Outlook

Global GDP by Region and Country, 20062021

Global Industry Value Added

Global Supplement Industry Outlook

Global Ginseng Market Size and Forecast By Source, 2013-2027

Wild Ginseng Market Size and Forecast, 2013-2027

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