Global Ginseng Extract Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Ginseng is a plant characterized by a fleshy root and a single stalk with green oval-shaped leaves. It is a perennial plant that can live more than a century. Ginseng is typically derived from the root of this plant. As an herbal supplement, the extract has long been prized for its reputation of having anti-inflammatory, anti-cancer, and antioxidant properties. It is also used in the homeopathic treatment of conditions, including depression, stress, low libido, and Attention Deficit Hyperactivity Disorder (ADHD).
Studies have shown that Ginseng can improve balance, help prevent diabetes, cure anemia, and strengthen the gastrointestinal system. Research in Asia has also shown that it can benefit people who have coughs, asthma, and tuberculosis. Both the physical and mental effects of stress have been improved with the use of ginseng. It was even found to decrease the effects of alcohol intake and subsequent hangovers.
Ginseng is a common ingredient in energy drinks, ginseng tea, and diet aids. Other related products include chewing gum, candy, deodorant, and hair gel. Products that contain Siberian ginseng, also called eleuthero, may be misleading as this particular herb is technically a different plant. Although the benefits of Siberian Ginseng are similar to that of ginseng, the plant has a woody root that is unlike the fleshy root of a true ginseng species.
This report mainly focus on Ginseng Extract Product.
According to our (Global Info Research) latest study, the global Ginseng Extract market size was valued at USD 37 million in 2022 and is forecast to a readjusted size of USD 44 million by 2029 with a CAGR of 2.6% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
In the European market, Major producers include Boots, Orkla Health, Pharmaton, Allcura Naturheilmittel GmbH, Ginsana, Nature Essential, Oxford Vitality, Ortis, Vitastore, Elemis, Molinari and Erborian.
This report is a detailed and comprehensive analysis for global Ginseng Extract market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Ginseng Extract market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Ginseng Extract market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Ginseng Extract market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Ginseng Extract market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Ginseng Extract
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Ginseng Extract market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Boots, Orkla Health, Pharmaton, Allcura Naturheilmittel GmbH and Ginsana, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Ginseng Extract market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
    Capsule
    Tablet
    Powder
    Others
Market segment by Application
    Pharma & Healthcare
    Cosmetic & Skin Care
    Food & Feed Additives
    Others
Major players covered
    Boots
    Orkla Health
    Pharmaton
    Allcura Naturheilmittel GmbH
    Ginsana
    NATURE ESSENTIAL
    Oxford Vitality
    Ortis
    Vitastore
    Elemis
    Molinari
    Erborian
Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Ginseng Extract product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Ginseng Extract, with price, sales, revenue and global market share of Ginseng Extract from 2018 to 2023.
Chapter 3, the Ginseng Extract competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Ginseng Extract breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Ginseng Extract market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Ginseng Extract.
Chapter 14 and 15, to describe Ginseng Extract sales channel, distributors, customers, research findings and conclusion.