Cover Image
Market Research Report
Product code 
1034989

Ginseng Extracts Market Share, Size, Trends, Industry Analysis Report, By Form (Powder, Liquid); By Application; By Region; Segment Forecast, 2021 - 2028

Published: | Polaris Market Research | 108 Pages | Delivery time: 1-2 business days

Price

Back to Top
Ginseng Extracts Market Share, Size, Trends, Industry Analysis Report, By Form (Powder, Liquid); By Application; By Region; Segment Forecast, 2021 - 2028
Published: September 1, 2021
Polaris Market Research
Content info: 108 Pages
Delivery time: 1-2 business days
  • ALL
  • Description
  • Table of Contents
Description

The global ginseng extracts market size is expected to reach USD 43.07 million by 2028 according to a new study by Polaris Market Research. The report "Ginseng Extracts Market Share, Size, Trends, Industry Analysis Report, By Form (Powder, Liquid); By Application; By Region; Segment Forecast, 2021 - 2028" gives a detailed insight into current market dynamics and provides analysis on future market growth.

The increasing number of chronic diseases owing to the increasing geriatric population and unhealthy lifestyle is the major driving factor behind the growth of the global market. The growing popularity of nutraceuticals and food supplements containing herbal and natural extracts is expected to further propel the growth of the global extracts market over the coming years.

The number of diabetic people living across the globe is estimated to be 463 million adults and it is expected to increase to 700 million, by 2045. China alone accounted for approximately 4.8 million cancer cases, almost a quarter of the newly diagnosed cancer cases across the globe. The increase in chronic diseases will increase the use of ginseng extracts.

Ginseng extracts as a nutraceutical and food supplement are becoming extremely popular in many countries. For instance, in a recent survey conducted in South Korea by the Ministry of Food and Drug Safety (MFDS), it is found that nearly 69% use health functional foods and among them, red ginseng most produced and used product among people in the country. These increasing consumption of functional health foods will boost the growth of this industry in the region.

New product launch is one of the key strategies followed by industry players to maintain a competitive edge in the industry. For instance, In September 2020, CheongKwanJang launched Donginbi ginseng cosmetics on Amazon.com. Similarly, PepsiCo launched Soulboost a sparkling water beverage that contains functional ingredients including panax ginseng and L-theanine, in May 2021.

The emergence of COVID-19 is expected to further drive the growth of the global industry due to its immunomodulatory properties that may be helpful in the fight against COVID-19. Recently, in 2021, The Ministry of Food and Drug Safety in Korea approved red ginseng as a great immunity booster and it will boost immunity against COVID-19. These factors favor the growth of the market during the forecast period.

Industry participants such as Koei Kogyo, RFI ingredient, Liuyang Naturalin Bio, Shanti Natural, Orkla Health, KGEC, Hangzhou Skyherb, Sinochem Pharmaceutical, Nino Biotech, Herbal Bioactives, Changsha Huir Biological-Tech, and Baoji Herbest Bio-Tech are some of the crucial players operating in the global industry.

Polaris Market Research has segmented the ginseng extracts market report on the basis of form, application, and region:

Ginseng Extracts, Form Outlook (Revenue - USD Million, 2016 - 2028)

Powder

Liquid

Ginseng Extracts, Application Outlook (Revenue - USD Million, 2016 - 2028)

Cosmetics & Personal Care

Pharmaceuticals

Dietary Supplements

Food & Beverages

Ginseng Extracts, Regional Outlook (Revenue - USD Million, 2016 - 2028)

North America

U.S.

Canada

Europe

Germany

UK

Italy

France

Spain

Austria

Netherlands

Asia Pacific

China

Japan

India

Indonesia

Malaysia

South Korea

Latin America

Brazil

Argentina

Mexico

Middle East & Africa

Israel

Saudi Arabia

South Africa

UAE

Table of Contents
Product Code: PM1973

Table of Contents

1. Introduction

  • 1.1. Report Description
    • 1.1.1. Objectives of the Study
    • 1.1.2. Market Scope
    • 1.1.3. Assumptions
  • 1.2. Stakeholders

2. Executive Summary

  • 2.1. Market Highlights

3. Research Methodology

  • 3.1. Overview
    • 3.1.1. Data Mining
  • 3.2. Data Sources
    • 3.2.1. Primary Sources
    • 3.2.2. Secondary Sources

4. Ginseng Extracts Market Insights

  • 4.1. Ginseng Extracts - Industry snapshot
  • 4.2. Ginseng Extracts Market Dynamics
    • 4.2.1. Drivers and Opportunities
      • 4.2.1.1. Increasing acceptance among Asian population
      • 4.2.1.2. Traditional use among ethnic population
    • 4.2.2. Restraints and Challenges
      • 4.2.2.1. High Price
  • 4.3. Porter's Five Forces Analysis
    • 4.3.1. Bargaining Power of Suppliers (Moderate)
    • 4.3.2. Threats of New Entrants: (Low)
    • 4.3.3. Bargaining Power of Buyers (Moderate)
    • 4.3.4. Threat of Substitute (Moderate)
    • 4.3.5. Rivalry among existing firms (High)
  • 4.4. PESTLE Analysis
  • 4.5. Ginseng Extracts Market Industry trends
  • 4.6. COVID-19 Impact Analysis

5. Global Ginseng Extracts Market, by Form

  • 5.1. Key Findings
  • 5.2. Introduction
    • 5.2.1. Global Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • 5.3. Powder
    • 5.3.1. Powder Ginseng Extracts Market, by Region, 2016 - 2028 (USD Million)
  • 5.4. Liquid
    • 5.4.1. Liquid Ginseng Extracts Market, by Region, 2016 - 2028 (USD Million)

6. Ginseng Extracts Market Assessment by Application

  • 6.1. Key Findings
  • 6.2. Introduction
    • 6.2.1. Global Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • 6.3. Flooring
    • 6.3.1. Ginseng Extracts Market for flooring, by Region, 2016 - 2028 (USD Million)
  • 6.4. Paneling & Siding
    • 6.4.1. Ginseng Extracts Market for paneling & siding, by Region, 2016 - 2028 (USD Million)
  • 6.5. Beams
    • 6.5.1. Ginseng Extracts Market for beams, by Region, 2016 - 2028 (USD Million)
  • 6.6. Furniture
    • 6.6.1. Ginseng Extracts Market for furniture, by Region, 2016 - 2028 (USD Million)

7. Ginseng Extracts Market Assessment by Geography

  • 7.1. Key findings
  • 7.2. Introduction
    • 7.2.1. Ginseng Extracts Market Assessment, By Geography, 2016 - 2028 (USD Million)
  • 7.3. Ginseng Extracts Market - North America
    • 7.3.1. North America: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
    • 7.3.2. North America: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
    • 7.3.3. Ginseng Extracts Market - U.S.
      • 7.3.3.1. U.S.: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
      • 7.3.3.2. U.S.: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
    • 7.3.4. Ginseng Extracts Market - Canada
      • 7.3.4.1. Canada: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
      • 7.3.4.2. Canada.: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • 7.4. Ginseng Extracts Market - Europe
    • 7.4.1. Europe: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
    • 7.4.2. Europe: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
    • 7.4.3. Ginseng Extracts Market - UK
      • 7.4.3.1. UK: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
      • 7.4.3.2. UK: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
    • 7.4.4. Ginseng Extracts Market - France
      • 7.4.4.1. France: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
      • 7.4.4.2. France: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
    • 7.4.5. Ginseng Extracts Market - Germany
      • 7.4.5.1. Germany: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
      • 7.4.5.2. Germany: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
    • 7.4.6. Ginseng Extracts Market - Italy
      • 7.4.6.1. Italy: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
      • 7.4.6.2. Italy: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
    • 7.4.7. Ginseng Extracts Market - Spain
      • 7.4.7.1. Spain: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
      • 7.4.7.2. Spain: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
    • 7.4.8. Ginseng Extracts Market - Netherlands
      • 7.4.8.1. Netherlands: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
      • 7.4.8.2. Netherlands: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
    • 7.4.9. Ginseng Extracts Market - Austria
      • 7.4.9.1. Austria: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
      • 7.4.9.2. Austria: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • 7.5. Ginseng Extracts Market - Asia-Pacific
    • 7.5.1. Asia Pacific: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
    • 7.5.2. Asia Pacific: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
    • 7.5.3. Ginseng Extracts Market - China
      • 7.5.3.1. China: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
      • 7.5.3.2. China: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
    • 7.5.4. Ginseng Extracts Market - India
      • 7.5.4.1. India: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
      • 7.5.4.2. India.: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
    • 7.5.5. Ginseng Extracts Market - Malaysia
      • 7.5.5.1. Malaysia: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
      • 7.5.5.2. Malaysia: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
    • 7.5.6. Ginseng Extracts Market - Japan
      • 7.5.6.1. Japan: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
      • 7.5.6.2. Japan: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
    • 7.5.7. Ginseng Extracts Market - Indonesia
      • 7.5.7.1. Indonesia: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
      • 7.5.7.2. Indonesia: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
    • 7.5.8. Ginseng Extracts Market - South Korea
      • 7.5.8.1. South Korea: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
      • 7.5.8.2. South Korea.: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • 7.6. Ginseng Extracts Market - Middle East & Africa
    • 7.6.1. Middle East & Africa: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
    • 7.6.2. Middle East & Africa.: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
    • 7.6.3. Ginseng Extracts Market - Saudi Arabia
      • 7.6.3.1. Saudi Arabia: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
      • 7.6.3.2. Saudi Arabia.: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
    • 7.6.4. Ginseng Extracts Market - UAE
      • 7.6.4.1. UAE: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
      • 7.6.4.2. UAE: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
    • 7.6.5. Ginseng Extracts Market - Israel
      • 7.6.5.1. Israel: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
      • 7.6.5.2. Israel: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
    • 7.6.6. Ginseng Extracts Market - South Africa
      • 7.6.6.1. South Africa: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
      • 7.6.6.2. South Africa: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • 7.7. Ginseng Extracts Market - Latin America
    • 7.7.1. Latin America: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
    • 7.7.2. Latin America: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
    • 7.7.3. Ginseng Extracts Market - Mexico
      • 7.7.3.1. Mexico: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
      • 7.7.3.2. Mexico.: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
    • 7.7.4. Ginseng Extracts Market - Brazil
      • 7.7.4.1. Brazil: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
      • 7.7.4.2. Brazil.: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
    • 7.7.5. Ginseng Extracts Market - Argentina
      • 7.7.5.1. Argentina: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
      • 7.7.5.2. Argentina.: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)

8. Competitive Landscape

  • 8.1. Expansion and Acquisition Analysis
    • 8.1.1. Expansion
    • 8.1.2. Acquisitions
  • 8.2. Partnerships/Collaborations/Agreements/Exhibitions

9. Company Profiles

  • 9.1. Baoji Herbest Bio-Tech
    • 9.1.1. Company Overview
    • 9.1.2. Financial Performance
    • 9.1.3. Product Benchmarking
    • 9.1.4. Recent Development
  • 9.2. Changsha Huir Biological-Tech
    • 9.2.1. Company Overview
    • 9.2.2. Financial Performance
    • 9.2.3. Product Benchmarking
    • 9.2.4. Recent Development
  • 9.3. Clariant
    • 9.3.1. Company Overview
    • 9.3.2. Financial Performance
    • 9.3.3. Product Benchmarking
    • 9.3.4. Recent Development
  • 9.4. Hangzhou Skyherb
    • 9.4.1. Company Overview
    • 9.4.2. Financial Performance
    • 9.4.3. Product Benchmarking
    • 9.4.4. Recent Development
  • 9.5. Herbal Bioactives
    • 9.5.1. Company Overview
    • 9.5.2. Financial Performance
    • 9.5.3. Product Benchmarking
    • 9.5.4. Recent Development
  • 9.6. KGEC
    • 9.6.1. Company Overview
    • 9.6.2. Financial Performance
    • 9.6.3. Product Benchmarking
    • 9.6.4. Recent Development
  • 9.7. KOEI KOGYO
    • 9.7.1. Company Overview
    • 9.7.2. Financial Performance
    • 9.7.3. Product Benchmarking
    • 9.7.4. Recent Development
  • 9.8. Liuyang Naturalin Bio
    • 9.8.1. Company Overview
    • 9.8.2. Financial Performance
    • 9.8.3. Product Benchmarking
    • 9.8.4. Recent Development
  • 9.9. Nino Biotech
    • 9.9.1. Company Overview
    • 9.9.2. Financial Performance
    • 9.9.3. Product Benchmarking
    • 9.9.4. Recent Development
  • 9.10. Orkla Health
    • 9.10.1. Company Overview
    • 9.10.2. Financial Performance
    • 9.10.3. Product Benchmarking
    • 9.10.4. Recent Development
  • 9.11. RFI ingredient
    • 9.11.1. Company Overview
    • 9.11.2. Financial Performance
    • 9.11.3. Product Benchmarking
    • 9.11.4. Recent Development
  • 9.12. Shanti NaturalTerraMai
    • 9.12.1. Company Overview
    • 9.12.2. Financial Performance
    • 9.12.3. Product Benchmarking
    • 9.12.4. Recent Development
  • 9.13. Sinochem Pharmaceutical
    • 9.13.1. Company Overview
    • 9.13.2. Financial Performance
    • 9.13.3. Product Benchmarking
    • 9.13.4. Recent Development

List of Tables

  • Table 1 Global Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 2 Global Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 3 Ginseng Extracts Market Assessment, By Geography, 2016 - 2028 (USD Million)
  • Table 4 North America: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 5 North America: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 6 U.S.: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 7 U.S.: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 8 Canada: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 9 Canada: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 10 Europe: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 11 Europe: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 12 UK: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 13 UK: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 14 France: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 15 France: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 16 Germany: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 17 Germany: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 18 Italy: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 19 Italy: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 20 Spain: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 21 Spain: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 22 Netherlands: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 23 Netherlands: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 24 Austria: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 25 Austria: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 26 Asia Pacific: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 27 Asia Pacific: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 28 China: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 29 China: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 30 India: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 31 India: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 32 Malaysia: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 33 Malaysia: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 34 Japan: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 35 Japan: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 36 Indonesia: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 37 Indonesia: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 38 South Korea: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 39 South Korea: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 40 Middle East & Africa: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 41 Middle East & Africa: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 42 Saudi Arabia: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 43 Saudi Arabia: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 44 UAE: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 45 UAE: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 46 Israel: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 47 Israel: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 48 South Africa: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 49 South Africa: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 50 Latin America: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 51 Latin America: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 52 Mexico: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 53 Mexico: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 54 Brazil: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 55 Brazil: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)
  • Table 56 Argentina: Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)
  • Table 57 Argentina: Ginseng Extracts Market, by Form, 2016 - 2028 (USD Million)

List of Figures

Figure 1 Global Ginseng Extracts Market, by Application, 2016 - 2028 (USD Million)

Figure 2 Integrated Ecosystem

Figure 3 Research Methodology: Top-Down & Bottom-Up Approach

Figure 4 Market by Geography

Figure 5 Porter's Five Forces

Figure 6 Market by Application

Figure 7 Global Ginseng Extracts Market, by Application, 2020 & 2028 (USD Million)

Figure 8 Market by Form

Figure 9 Global Ginseng Extracts Market, by Form, 2020 & 2028 (USD Million)

Figure 10 Ginseng Extracts Market Assessment, By Geography, 2016 - 2028 (USD Million)

Figure 11 Strategic Analysis - Ginseng Extracts Market