Ginseng Extracts Market – Global Industry Analysis and Forecast (2022-2027)

Ginseng Extracts Market is expected to grow at a moderate growth rate and reach a significant market value by the end of the forecast period. The Global Ginseng Extracts Market is expected to reach US$ 32.40 Bn. by 2027, at a CAGR of 5.80% during the forecast period. Ginseng Extracts Market To know about the Research Methodology :- Request Free Sample Report The Global Ginseng Extracts Market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The Global Ginseng Extracts Market report also provides trends by market segments, technology, and investment with a competitive landscape.

Ginseng Extracts Market Overview:

Ginseng extract comes from the ginseng plant, which is an adaptogenic herb. This extract is known as an adaptogen, which means it can withstand chemical, biological, and physical stress while also increasing overall vitality. Because of the chemical component known as ginsenosides, the ginseng root is regarded as the most valuable. This chemical component's numerous positive properties have boosted its use in applications such as personal care and cosmetics, food, dietary supplements, and medications. Depending on the processing method, ginseng extract is categorized as white ginseng, fresh ginseng, or red ginseng.

Ginseng Extracts Market Dynamics:

Over the projection period, the market is likely to rise due to an increase in consumer acceptance of Asian and oriental flavors as well as demand for Chinese herbal medication. Ginseng extract is made from the ginseng plant, which is said to be adaptogenic. An adaptogen is a type of extract that resists biological, physical, and chemical stress while also increasing gene expression. Ginseng roots contain ginsenosides, a type of saponin with health-promoting properties such as antihypertensive, antioxidant, insulin resistance reduction, anticancer, immunomodulating, chemoprotective, phytoestrogens, and antidiabetic. Ginseng extract is divided into three categories: fresh ginseng, red ginseng, and white ginseng, depending on how it is processed. Ginseng is a valued and major folk medicine in Asian nations such as Korea, Japan, and China, and is made up of the roots of Panax quinquefolius and Panax ginseng. Ginseng roots are well-known for their high concentrations of phenolic compounds, ginsenosides, and saponins, as well as other components including carotenoids and carbohydrates. Furthermore, as customers' socioeconomic position changes, they are becoming more concerned about their health. Consumption of plant-derived goods with significantly fewer negative effects has gained enormous popularity in recent years. It also covers a wide range of functional foods and dietary supplements that can provide health advantages beyond those provided by standard nutrients. Ginseng's significance as a functional food or nutraceutical has piqued interest in recent years, with a growing market value. Ginseng extracts and bioactive components have been studied for antitumor, antioxidant, skin protection, antihyperglycemic, anti-infective, anti-osteoporotic anticancer, and respiratory issues.

Ginseng Extracts Market Segment Analysis:

On the basis of form, the market is classified into Powder and Liquid. Because they are easy to handle in the form of food and are highly preservable, the powder form category accounted for the greatest revenue share of 52.1 percent in 2021 and is predicted to have the considerable rise in the projection future. Furthermore, because powder forms of items have a low water content, they have a longer shelf life and are more preservable. However, due to cross-contamination during the manufacturing and processing of powdered foods, an outbreak of biological decline has been documented. Furthermore, even though powder foods contain little water, some microbes, such as moulds and xerophilic yeasts, can thrive in dry environments. Other therapeutic qualities, such as antioxidant, anti-inflammatory, and anti-cancer qualities, drive the powder segment. The significant application scope in the food and beverage and cosmetic categories also contributes to the segment's growth. Increased internet penetration and shifting customer preferences toward online shopping are also driving category expansion, resulting in a wide range of product diversity and convenient product accessibility. The liquid segment is expected to develop at the highest rate throughout the forecast period, as it is favoured in functional food and pharmaceutical preparations where the exact amount of liquid may be blended to obtain the desired solution mix. In cases of lack of focus, fatigue, lack of energy, and during convalescence, it also aids in strengthening the immune system, preventing tiredness, and increasing mental and physical capability. Ginseng-Extracts-Market On the basis of application, the market is classified into Cosmetics & Personal Care, Pharmaceuticals, Dietary Supplements and Food & Beverages. Because of the nutritional and medicinal benefits of ginseng extract, the pharmaceutical segment accounted for the biggest revenue share of 54.3 percent in 2021. Coma, gastrointestinal disorders, and cardiovascular disease are all treated with it. It also plays an important role in physiological processes such as neurodegenerative disorders, immunological diseases, diabetic disorders, and a variety of other conditions. Because of its critical function in improving immunity against bacterial and viral infections, autoimmune disease, and cancer, the dietary supplements application category is predicted to grow at the quickest CAGR of 7.0 percent in terms of revenue over the forecast period. Ginseng extract in dietary supplements boosts the body's resistance to illness by boosting the immune system. Health professionals are concerned about the use of botanicals and herbs as a substitute for conventional medication, especially when the immune system is substantially weakened or selective resistance treatment is necessary to reduce adverse outcomes. It also has a positive effect on liver, brain, sexual, and immune function. Ginseng extract is expected to become one of the best-selling herbs in the world as the usage of traditional Chinese herbs for dietary and medical purposes grows in popularity in Western countries.

Ginseng Extracts Market Regional Analysis:

Owing to increased utilisation in food product production, which has seen the highest growth than others, Asia Pacific accounted for the largest sales share of 67.2 percent in 2021. Another factor driving market growth in the region is a shift in consumer preferences toward natural food products as a result of the negative impacts of human-made chemicals. Due to the widespread use of ginseng extract as an adaptogen, North America is likely to see rising demand throughout the projection period, and it has been a major seller of nutritional and herbal supplements in the country for thousands of years. Expanding market potential for ginseng extracts are mostly due to expanding health food sector demand in North America and the Asia Pacific, according to industry trends and data. The food business is expected to see greater demand as consumers become more aware of the need for a healthy diet and have more purchasing power. The ginseng extract market is being driven by countries like the United States, China, and South Korea, which are seeing a boom in demand for dietary supplements as a result of the growing trend toward preventative health management due to rising healthcare expenses.

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Global Ginseng Extracts Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US$ 23.1 Bn .
Forecast Period 2022 to 2027 CAGR:  5.80% Market Size in 2027: US$ 32.40 Bn.
Segments Covered: by Form • Powder • Capsules • Liquid
by Application • Dietary supplements • Personal care • Pharmaceutical • Food • Oral care

Ginseng Extracts Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Ginseng Extracts Market Key Players

DSM • RFI Ingredients • ShantiNatural • KGEC • Orkla Health AS • Skyherb • S.A. Herbal Bioactives LLP • NINO BIOTECH CO • Naturalin Bio-Resources • SINOCHEM GROUP • Changsha Huirui Biological Technology • Clariant • KOEI KOGYO • Baoji Herbest Bio-Tech • Amway India Enterprises Pvt. Ltd • The Boots Company PLC • Elemis • Inovital • Starwest Botanicals • Oxford Vitality Frequently Asked Questions: 1. Which region has the largest share in Global Ginseng Extracts Market? Ans: Asia Pacific region held the highest share in 2021. 2. What is the growth rate of Global Ginseng Extracts Market? Ans: The Global Ginseng Extracts Market is expected to growing at a CAGR of 5.80% during forecast period 2022-2027. 3. What is scope of the Global Ginseng Extracts market report? Ans: Global Ginseng Extracts Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Ginseng Extracts market? Ans: The important key players in the Global Ginseng Extracts Market are - DSM, RFI Ingredients, ShantiNatural, KGEC, Orkla Health AS, Skyherb, S.A. Herbal Bioactives LLP, NINO BIOTECH CO, Naturalin Bio-Resources, SINOCHEM GROUP, Changsha Huirui Biological Technology, Clariant, KOEI KOGYO, Baoji Herbest Bio-Tech, Amway India Enterprises Pvt. Ltd, The Boots Company PLC, Elemis, Inovital, Starwest Botanicals, and Oxford Vitality. 5. What is the study period of this market? Ans: The Global Ginseng Extracts Market is studied from 2021 to 2027.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Forms 2.3.2. Primary Research 2.3.2.1. Data from Primary Forms 2.3.2.2. Breakdown of Primary Form 3. Executive Summary: Ginseng Extracts Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Aviation Fuel Market 3.4. Geographical Snapshot of the Aviation Fuel Market, By Manufacturer share 4. Ginseng Extracts Market Overview, 2021-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Forms 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Aviation Fuel Market 5. Supply Side and Demand Side Indicators 6. Ginseng Extracts Market Analysis and Forecast, 2021-2027 6.1. Ginseng Extracts Market Size & Y-o-Y Growth Analysis. 7. Ginseng Extracts Market Analysis and Forecasts, 2021-2027 7.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 7.1.1. Powder 7.1.2. Capsules 7.1.3. Liquid 7.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 7.2.1. Dietary supplements 7.2.2. Personal care 7.2.3. Pharmaceutical 7.2.4. Food 7.2.5. Oral care 8. Ginseng Extracts Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. Asia Pacific Ginseng Extracts Market Analysis and Forecasts, 2021-2027 9.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 9.1.1. Powder 9.1.2. Capsules 9.1.3. Liquid 9.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 9.2.1. Dietary supplements 9.2.2. Personal care 9.2.3. Pharmaceutical 9.2.4. Food 9.2.5. Oral care 10. North America Ginseng Extracts Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Ginseng Extracts Market Analysis and Forecasts, 2021-2027 11.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 11.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 12. Canada Ginseng Extracts Market Analysis and Forecasts, 2021-2027 12.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 12.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 13. Mexico Ginseng Extracts Market Analysis and Forecasts, 2021-2027 13.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 13.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 14. Europe Ginseng Extracts Market Analysis and Forecasts, 2021-2027 14.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 14.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 15. Europe Ginseng Extracts Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K Ginseng Extracts Market Analysis and Forecasts, 2021-2027 16.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 16.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 17. France Ginseng Extracts Market Analysis and Forecasts, 2021-2027 17.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 17.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 18. Germany Ginseng Extracts Market Analysis and Forecasts, 2021-2027 18.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 18.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 19. Italy Ginseng Extracts Market Analysis and Forecasts, 2021-2027 19.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 19.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 20. Spain Ginseng Extracts Market Analysis and Forecasts, 2021-2027 20.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 20.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 21. Sweden Ginseng Extracts Market Analysis and Forecasts, 2021-2027 21.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 21.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 22. CIS Countries Ginseng Extracts Market Analysis and Forecasts, 2021-2027 22.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 22.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 23. Rest of Europe Ginseng Extracts Market Analysis and Forecasts, 2021-2027 23.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 23.2. Market Size (Value) Estimates & Forecast By Form, 2021-2027 24. Asia Pacific Ginseng Extracts Market Analysis and Forecasts, 2021-2027 24.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 24.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 25. Asia Pacific Ginseng Extracts Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Ginseng Extracts Market Analysis and Forecasts, 2021-2027 26.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 26.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 27. India Ginseng Extracts Market Analysis and Forecasts, 2021-2027 27.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 27.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 28. Japan Ginseng Extracts Market Analysis and Forecasts, 2021-2027 28.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 28.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 29. South Korea Ginseng Extracts Market Analysis and Forecasts, 2021-2027 29.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 29.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 30. Australia Ginseng Extracts Market Analysis and Forecasts, 2021-2027 30.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 30.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 31. ASEAN Ginseng Extracts Market Analysis and Forecasts, 2021-2027 31.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 31.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 32. Rest of Asia Pacific Ginseng Extracts Market Analysis and Forecasts, 2021-2027 32.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 32.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 33. Middle East Africa Ginseng Extracts Market Analysis and Forecasts, 2021-2027 33.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 33.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 34. Middle East Africa Ginseng Extracts Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Ginseng Extracts Market Analysis and Forecasts, 2021-2027 35.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 35.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 36. GCC Countries Ginseng Extracts Market Analysis and Forecasts, 2021-2027 36.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 36.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 37. Egypt Ginseng Extracts Market Analysis and Forecasts, 2021-2027 37.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 37.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 38. Nigeria Ginseng Extracts Market Analysis and Forecasts, 2021-2027 38.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 38.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 39. Rest of ME&A Ginseng Extracts Market Analysis and Forecasts, 2021-2027 39.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 39.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 40. South America Ginseng Extracts Market Analysis and Forecasts, 2021-2027 40.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 40.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 41. South America Ginseng Extracts Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Ginseng Extracts Market Analysis and Forecasts, 2021-2027 42.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 42.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 43. Argentina Ginseng Extracts Market Analysis and Forecasts, 2021-2027 43.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 43.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 44. Rest of South America Ginseng Extracts Market Analysis and Forecasts, 2021-2027 44.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 44.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Ginseng Extracts Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Fiber Forms and R&D Investment 45.2.2. New Form Launches and Form Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. DSM 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Form Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Development 45.3.2. RFI Ingredients 45.3.3. ShantiNatural 45.3.4. KGEC 45.3.5. Orkla Health AS 45.3.6. Skyherb 45.3.7. S.A. Herbal Bioactives LLP 45.3.8. NINO BIOTECH CO 45.3.9. Naturalin Bio-Resources 45.3.10. SINOCHEM GROUP 45.3.11. Changsha Huirui Biological Technology 45.3.12. Clariant 45.3.13. KOEI KOGYO 45.3.14. Baoji Herbest Bio-Tech 45.3.15. Amway India Enterprises Pvt. Ltd 45.3.16. The Boots Company PLC 45.3.17. Elemis 45.3.18. Inovital 45.3.19. Starwest Botanicals 45.3.20. Oxford Vitality

About This Report

Report ID 106765
Category Food & Beverages
Published Date June 2021
Updated Date April 2022
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