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Ginseng market

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Ginseng Market size is estimated at $5.9 billion in 2020, projected to grow at a CAGR of 4.2% during the forecast period 2021-2026. Ginseng is used to describe eleven different types of small, slow-growing plants with fleshy roots. – PowerPoint PPT presentation

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Title: Ginseng market


1
Ginseng MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2021-2026
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
Download PDF Brochure
  • Ginseng Market size is estimated at 5.9 billion
    in 2020, projected to grow at a CAGR of 4.2
    during the forecast period 2021-2026. Ginseng is
    used to describe eleven different types of small,
    slow-growing plants with fleshy roots.
    Furthermore, ginseng roots are known to contain
    high levels of bioactive compounds such as
    salicylic acid, phenolic acids maltol, p-coumaric
    acid, and vanillic acid. Consumer acceptance of
    Asian and oriental flavours, as well as demand
    for Chinese herbal treatment, are propelling the
    Ginseng market forward. There are a variety of
    herbs in this category, but the most prevalent
    are American ginseng and Asian ginseng. Although
    the soothing effects of American ginseng are
    well-known, the invigorating effects of Asian
    ginseng are also well-known.

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3
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  • Key Takeaways
  • The rise in popularity of veganism around the
    world, owing to a shift in consumer preferences
    toward healthier, more natural products continue
    to fuel the Ginseng industry's expansion.
  • Geographically, Asia-Pacific Ginseng Market held
    the largest revenue share of 38 in 2020 to
    higher consumption and production of Ginseng and
    its bioactive compound products in the region.
    The scope of the Ginseng Market for various
    regions will be provided in the final report.
  • The Ginseng Industry is expanding owing to
    upsurge in health consciousness amongst consumers
    and rising awareness about healthy habits.
  • The demand for ginseng is predicted to rise as a
    result of the majority of food firms looking for
    ingredients that incorporate more nutrients into
    their goods.

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4
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By Distribution Channel- Segment Analysis Based
on Geography, Asia-Pacific Ginseng Market
accounted for the 38 revenue share in 2020.
China, according to the Jilin Provincial People's
Government, is the world's leading ginseng
producer, accounting for roughly 70 of global
production. The Chinese FDA has approved a big
number of ginseng health products, demonstrating
the country's rising support for the herb.
Furthermore, the growing trend toward a healthier
lifestyle, as well as the rising prevalence of
chronic diseases, is fueling demand for
ginseng-based supplements to be utilised in
foods, beverages, and pharmaceuticals.
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5
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  • Ginseng Market Industry Outlook 
  • Ginseng Farms Ltd,
  • KOSHIRO COMPANY LIMITED,
  • Nature Essential,
  • Inovital,
  • Organika Health Products Inc.,
  • Korea Ginseng Corp,
  • DADONG ginseng
  • KOREA CO, LTD.,
  • Ningbo Gianon Biotech Co., Ltd
  • Elmis Ltd.

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6
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Ginseng Market Forecast (2021 - 2026)
Learn More About the Report _at_
https//www.industryarc.com/Report/19638/ginseng-m
arket.html
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7
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//www.industryarc.com
    /pdfdownload.php?id19638

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8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
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