Submitted by: Submitted by Monica2016
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Category: Business and Industry
Date Submitted: 09/22/2016 03:25 AM
Global Ginseng
Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2016 – 2026
Future Market Insights
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ReportDescription
Report Description
Ginseng is a perennial plant primarily found in North America and Eastern Asia. It is largely cultivated in
China, Bhutan, and Korea. Ginseng has been traditionally used for its therapeutic benefits, and today, it is
used as a medicine for improving cognitive function, cancer prevention, and anti-inflammation. Ginseng is
widely available in seed and root form.
Ginseng Market Segmentation
Global ginseng market has been segmented on the basis of form into powder, liquid, and capsules. Among
these, demand for ginseng in powdered form is quite substantial. The growth of this segment is attributed to
rising consumption of ginseng as energy booster. Demand for ginseng in capsule form is also witnessing
steady growth, owing to its application in the pharmaceutical sector.
The global ginseng market is also segmented on the basis of application into personal care, dietary
supplements, food, pharmaceutical, and oral care. Among these, dietary supplements is the leading
application segment in terms of revenues. Dietary supplements is sub-segmented into heart health, weight
loss, sports nutrition, and immune health supplements. The global dietary supplements market was valued
at over US$ 123 billion in 2015, and is poised to increase at 7.4% CAGR through 2025. Demand for ginseng
from the dietary supplements sector will continue to remain strong throughout the forecast period 20162026.
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ReportDescription
Report Description
Personal care and pharmaceutical sector are other key end-use application segments for ginseng. Personal
care segment is further sub-segmented into skin care products and hair care products. In addition food
segment is...