Global Ginseng Market 2025-2029

Description

List of Tables

The ginseng market is forecasted to grow by USD 208.5 million during 2024-2029, accelerating at a CAGR of 5.1% during the forecast period. The report on the ginseng market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising awareness of health benefits of ginseng, increasing use of ginseng in functional foods and beverages, and growing popularity of herbal supplements.

Market Scope
Base Year	2025
End Year	2029
Series Year	2025-2029
Growth Momentum	Accelerate
YOY 2025	5%
CAGR	5.1%
Incremental Value	$208.5 mn

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's ginseng market is segmented as below:

By Distribution Channel

RSC
Online

By Application

Dietary supplements
Pharmaceutical products
Functional food and beverage processing

By Source

Fresh
Processed

By End-user

Asian ginseng
American ginseng
Siberian ginseng
Others

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the increased demand for organic ginseng products as one of the prime reasons driving the ginseng market growth during the next few years. Also, use of advanced technologies in ginseng cultivation and launch of new ginseng-based products will lead to sizable demand in the market.

The report on the ginseng market covers the following areas:

Ginseng Market sizing
Ginseng Market forecast
Ginseng Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ginseng market vendors that include AOS Products Pvt. Ltd., Auragin LLC, Bio Botanica Inc., Bob Ginseng, Botalys SA, Ethical Naturals Inc., Frederic M, G and G Century M. SDN Bhd., Herbal Creations, KAVYA PHARMA, Korea Ginseng Corp., MotherTree Nutra Pvt. Ltd., Natures Way Brands LLC, Nestle SA, Royal Enoch Phytomedicine Ltd., Uniray Lifesciences, Velnex Medicare India Pvt. Ltd., and Zoic Pharmaceuticals Pvt. Ltd.. Also, the ginseng market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR77275

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Distribution Channel
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Source
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
- Overview on factors of disruption
2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
3.2 Market characteristics
- Market characteristics analysis
3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ million)
- Data Table on Global - Market size and forecast 2024-2029 ($ million)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Global Ginseng Market 2019 - 2023
- Historic Market Size - Data Table on Global Ginseng Market 2019 - 2023 ($ million)
5.2 Distribution Channel segment analysis 2019 - 2023
- Historic Market Size - Distribution Channel Segment 2019 - 2023 ($ million)
5.3 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ million)
5.4 Source segment analysis 2019 - 2023
- Historic Market Size - Source Segment 2019 - 2023 ($ million)
5.5 End-user segment analysis 2019 - 2023
- Historic Market Size - End-user Segment 2019 - 2023 ($ million)
5.6 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.7 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)

6 Qualitative Analysis

6.1 Impact of AI on Global Ginseng Market

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Distribution Channel

8.1 Market segments
- Chart on Distribution Channel - Market share 2024-2029 (%)
- Data Table on Distribution Channel - Market share 2024-2029 (%)
8.2 Comparison by Distribution Channel
- Chart on Comparison by Distribution Channel
- Data Table on Comparison by Distribution Channel
8.3 RSC - Market size and forecast 2024-2029
- Chart on RSC - Market size and forecast 2024-2029 ($ million)
- Data Table on RSC - Market size and forecast 2024-2029 ($ million)
- Chart on RSC - Year-over-year growth 2024-2029 (%)
- Data Table on RSC - Year-over-year growth 2024-2029 (%)
8.4 Online - Market size and forecast 2024-2029
- Chart on Online - Market size and forecast 2024-2029 ($ million)
- Data Table on Online - Market size and forecast 2024-2029 ($ million)
- Chart on Online - Year-over-year growth 2024-2029 (%)
- Data Table on Online - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Distribution Channel
- Market opportunity by Distribution Channel ($ million)
- Data Table on Market opportunity by Distribution Channel ($ million)

9 Market Segmentation by Application

9.1 Market segments
- Chart on Application - Market share 2024-2029 (%)
- Data Table on Application - Market share 2024-2029 (%)
9.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
9.3 Dietary supplements - Market size and forecast 2024-2029
- Chart on Dietary supplements - Market size and forecast 2024-2029 ($ million)
- Data Table on Dietary supplements - Market size and forecast 2024-2029 ($ million)
- Chart on Dietary supplements - Year-over-year growth 2024-2029 (%)
- Data Table on Dietary supplements - Year-over-year growth 2024-2029 (%)
9.4 Pharmaceutical products - Market size and forecast 2024-2029
- Chart on Pharmaceutical products - Market size and forecast 2024-2029 ($ million)
- Data Table on Pharmaceutical products - Market size and forecast 2024-2029 ($ million)
- Chart on Pharmaceutical products - Year-over-year growth 2024-2029 (%)
- Data Table on Pharmaceutical products - Year-over-year growth 2024-2029 (%)
9.5 Functional food and beverage processing - Market size and forecast 2024-2029
- Chart on Functional food and beverage processing - Market size and forecast 2024-2029 ($ million)
- Data Table on Functional food and beverage processing - Market size and forecast 2024-2029 ($ million)
- Chart on Functional food and beverage processing - Year-over-year growth 2024-2029 (%)
- Data Table on Functional food and beverage processing - Year-over-year growth 2024-2029 (%)
9.6 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

10 Market Segmentation by Source

10.1 Market segments
- Chart on Source - Market share 2024-2029 (%)
- Data Table on Source - Market share 2024-2029 (%)
10.2 Comparison by Source
- Chart on Comparison by Source
- Data Table on Comparison by Source
10.3 Fresh - Market size and forecast 2024-2029
- Chart on Fresh - Market size and forecast 2024-2029 ($ million)
- Data Table on Fresh - Market size and forecast 2024-2029 ($ million)
- Chart on Fresh - Year-over-year growth 2024-2029 (%)
- Data Table on Fresh - Year-over-year growth 2024-2029 (%)
10.4 Processed - Market size and forecast 2024-2029
- Chart on Processed - Market size and forecast 2024-2029 ($ million)
- Data Table on Processed - Market size and forecast 2024-2029 ($ million)
- Chart on Processed - Year-over-year growth 2024-2029 (%)
- Data Table on Processed - Year-over-year growth 2024-2029 (%)
10.5 Market opportunity by Source
- Market opportunity by Source ($ million)
- Data Table on Market opportunity by Source ($ million)

11 Market Segmentation by End-user

11.1 Market segments
- Chart on End-user - Market share 2024-2029 (%)
- Data Table on End-user - Market share 2024-2029 (%)
11.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
11.3 Asian ginseng - Market size and forecast 2024-2029
- Chart on Asian ginseng - Market size and forecast 2024-2029 ($ million)
- Data Table on Asian ginseng - Market size and forecast 2024-2029 ($ million)
- Chart on Asian ginseng - Year-over-year growth 2024-2029 (%)
- Data Table on Asian ginseng - Year-over-year growth 2024-2029 (%)
11.4 American ginseng - Market size and forecast 2024-2029
- Chart on American ginseng - Market size and forecast 2024-2029 ($ million)
- Data Table on American ginseng - Market size and forecast 2024-2029 ($ million)
- Chart on American ginseng - Year-over-year growth 2024-2029 (%)
- Data Table on American ginseng - Year-over-year growth 2024-2029 (%)
11.5 Siberian ginseng - Market size and forecast 2024-2029
- Chart on Siberian ginseng - Market size and forecast 2024-2029 ($ million)
- Data Table on Siberian ginseng - Market size and forecast 2024-2029 ($ million)
- Chart on Siberian ginseng - Year-over-year growth 2024-2029 (%)
- Data Table on Siberian ginseng - Year-over-year growth 2024-2029 (%)
11.6 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
11.7 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

12 Customer Landscape

12.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

13 Geographic Landscape

13.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2024-2029 (%)
- Data Table on Market share By Geographical Landscape 2024-2029 (%)
13.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
13.3 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ million)
- Data Table on APAC - Market size and forecast 2024-2029 ($ million)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)
13.4 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ million)
- Data Table on North America - Market size and forecast 2024-2029 ($ million)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)
13.5 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ million)
- Data Table on Europe - Market size and forecast 2024-2029 ($ million)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)
13.6 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ million)
- Data Table on South America - Market size and forecast 2024-2029 ($ million)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)
13.7 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
13.8 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ million)
- Data Table on US - Market size and forecast 2024-2029 ($ million)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)
13.9 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ million)
- Data Table on China - Market size and forecast 2024-2029 ($ million)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)
13.10 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ million)
- Data Table on Japan - Market size and forecast 2024-2029 ($ million)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)
13.11 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)
13.12 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ million)
- Data Table on Germany - Market size and forecast 2024-2029 ($ million)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)
13.13 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ million)
- Data Table on Canada - Market size and forecast 2024-2029 ($ million)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)
13.14 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ million)
- Data Table on UK - Market size and forecast 2024-2029 ($ million)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)
13.15 South Korea - Market size and forecast 2024-2029
- Chart on South Korea - Market size and forecast 2024-2029 ($ million)
- Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
- Chart on South Korea - Year-over-year growth 2024-2029 (%)
- Data Table on South Korea - Year-over-year growth 2024-2029 (%)
13.16 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ million)
- Data Table on France - Market size and forecast 2024-2029 ($ million)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)
13.17 Italy - Market size and forecast 2024-2029
- Chart on Italy - Market size and forecast 2024-2029 ($ million)
- Data Table on Italy - Market size and forecast 2024-2029 ($ million)
- Chart on Italy - Year-over-year growth 2024-2029 (%)
- Data Table on Italy - Year-over-year growth 2024-2029 (%)
13.18 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

14 Drivers, Challenges, and Opportunity/Restraints

14.1 Market drivers
14.2 Market challenges
14.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
14.4 Market opportunities/restraints

15 Competitive Landscape

15.1 Overview
15.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
15.3 Landscape disruption
- Overview on factors of disruption
15.4 Industry risks
- Impact of key risks on business

16 Competitive Analysis

16.1 Companies profiled
- Companies covered
16.2 Company ranking index
- Company ranking index
16.3 Market positioning of companies
- Matrix on companies position and classification
16.4 AOS Products Pvt. Ltd.
- AOS Products Pvt. Ltd. - Overview
- AOS Products Pvt. Ltd. - Product / Service
- AOS Products Pvt. Ltd. - Key offerings
- SWOT
16.5 Auragin LLC
- Auragin LLC - Overview
- Auragin LLC - Product / Service
- Auragin LLC - Key offerings
- SWOT
16.6 Bio Botanica Inc.
- Bio Botanica Inc. - Overview
- Bio Botanica Inc. - Product / Service
- Bio Botanica Inc. - Key offerings
- SWOT
16.7 Botalys SA
- Botalys SA - Overview
- Botalys SA - Product / Service
- Botalys SA - Key offerings
- SWOT
16.8 Frederic M
- Frederic M - Overview
- Frederic M - Product / Service
- Frederic M - Key offerings
- SWOT
16.9 G and G Century M. Sdn Bhd.
- G and G Century M. Sdn Bhd. - Overview
- G and G Century M. Sdn Bhd. - Product / Service
- G and G Century M. Sdn Bhd. - Key offerings
- SWOT
16.10 Herbal Creations
- Herbal Creations - Overview
- Herbal Creations - Product / Service
- Herbal Creations - Key offerings
- SWOT
16.11 KAVYA PHARMA
- KAVYA PHARMA - Overview
- KAVYA PHARMA - Product / Service
- KAVYA PHARMA - Key offerings
- SWOT
16.12 Korea Ginseng Corp.
- Korea Ginseng Corp. - Overview
- Korea Ginseng Corp. - Product / Service
- Korea Ginseng Corp. - Key offerings
- SWOT
16.13 MotherTree Nutra Pvt. Ltd.
- MotherTree Nutra Pvt. Ltd. - Overview
- MotherTree Nutra Pvt. Ltd. - Product / Service
- MotherTree Nutra Pvt. Ltd. - Key offerings
- SWOT
16.14 Natures Way Brands LLC
- Natures Way Brands LLC - Overview
- Natures Way Brands LLC - Product / Service
- Natures Way Brands LLC - Key offerings
- SWOT
16.15 Nestle SA
- Nestle SA - Overview
- Nestle SA - Business segments
- Nestle SA - Key news
- Nestle SA - Key offerings
- Nestle SA - Segment focus
- SWOT
16.16 Uniray Lifesciences
- Uniray Lifesciences - Overview
- Uniray Lifesciences - Product / Service
- Uniray Lifesciences - Key offerings
- SWOT
16.17 Velnex Medicare India Pvt. Ltd.
- Velnex Medicare India Pvt. Ltd. - Overview
- Velnex Medicare India Pvt. Ltd. - Product / Service
- Velnex Medicare India Pvt. Ltd. - Key offerings
- SWOT
16.18 Zoic Pharmaceuticals Pvt. Ltd.
- Zoic Pharmaceuticals Pvt. Ltd. - Overview
- Zoic Pharmaceuticals Pvt. Ltd. - Product / Service
- Zoic Pharmaceuticals Pvt. Ltd. - Key offerings
- SWOT

17 Appendix

17.1 Scope of the report
17.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
17.3 Currency conversion rates for US$
- Currency conversion rates for US$
17.4 Research methodology
- Research methodology
17.5 Data procurement
- Information sources
17.6 Data validation
- Data validation
17.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
17.8 Data synthesis
- Data synthesis
17.9 360 degree market analysis
- 360 degree market analysis
17.10 List of abbreviations
- List of abbreviations