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Ginseng Extract Market Share

  • Report ID: GMI4482
  • Published Date: Jan 2020
  • Report Format: PDF

Ginseng Extract Market Share

Ginseng extract key market players are

  • RFI ingredient
  • Shanti Natural
  • KGEC
  • Orkla Health
  • Hangzhou Skyherb
  • S.A. Herbal Bioactives
  • Nino Biotech
  • Liuyang Naturalin Bio
  • Sinochem Pharmaceutical
  • Changsha Huir Biological-Tech
  • Clariant
  • Baoji Herbest Bio-Tech

According to industry forecast, key market players are implementing strategies including latest and novel product releases, to fortify their present product portfolio and focus on broader consumer needs.

In February 2019, Ewha company, a South Korean organic products distributor has announced plans to go international with its food brand Nature’s Food’s signature red ginseng product. The company will be primarily entering Chinese market owing to cater the world’s largest consumer market. Through this operational expansion, the company can expand its operations in China and gain majority market share.  

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

Ginseng extract is derived from a plant named ginseng which is an adaptogenic plant. This extract is referred as adaptogen which implies that its resists chemical, biological & physical stress and boosts general vitality.

Rising consumer preferences towards utilisation of herbal remedies to tackle chronic diseases over allopathic medications are the major factors propelling the industry growth worldwide.

The APAC industry for ginseng extract is expected to register over 7.5% CAGR from 2019 to 2026, according to a new report published by Global Market Insights, Inc.

Ginseng Extract Market Scope

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Premium Report Details

  • Base Year: 2018
  • Companies covered: 12
  • Tables & Figures: 189
  • Countries covered: 22
  • Pages: 170
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