Ginseng 2017 Global Market Expected to Grow at CAGR 12.46% and Forecast to 2021

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New York, NY -- (SBWire) -- 07/14/2017 --The analysts forecast the global ginseng market to grow at a CAGR of 12.46% during the period 2017-2021.

Ginseng is a slow-growing perennial plant with fleshy roots. It belongs to the genus Panax of the family Araliaceae. It is found in North America and in Eastern Asia, typically in cooler climates. Ginseng is one of the widely-used herbs that boosts the energy levels of the body. There are two popular types of ginseng: Asian ginseng and American ginseng. The Asian ginseng is also known as Panax ginseng, and the American ginseng is also called Panax quinquefolius.

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Covered in this report

The report covers the present scenario and the growth prospects of the global ginseng market for 2017-2021. To calculate the market size, the report considers sales, volume, and value.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Ginseng Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- ILHWA
- Jilin Zixin Pharmaceutical
- Korea Ginseng Corporation (KGC)
- RFI Ingredients
- Starwest Botanicals

Other prominent vendors
- Amway
- BAYLIS & HARDING
- Bounce Foods
- Elemis
- Ethical Naturals
- Glanbia
- Great Mountain Ginseng
- Hain Celestial
- Kefiplant
- Naka Focus
- NOW Foods
- Nutra Green Biotechnology
- Ranbaxy Laboratories
- The Boots Company
- Victoria Health

Market driver
- Growing health consciousness and obese population
- For a full, detailed list, view our report

Market challenge
- Threat from other ingredients with similar benefits
- For a full, detailed list, view our report

Market trend
- Increasing government initiatives to protect the ginseng plant
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Report Details @ https://www.wiseguyreports.com/reports/1522119-global-ginseng-market-2017-2021

Table Of Contents – Major Key Points

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
- Market outline
- Global superfoods market

PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis

PART 06: Market segmentation by product
- Segmentation of global ginseng market by product
- Global Asian ginseng market
- Global American ginseng market

PART 07: Market segmentation by end-use
- Segmentation of global ginseng market by end-use
- Global ginseng market for supplements
- Global ginseng market for personal care
- Global ginseng market for other applications

PART 08: Geographical segmentation
- Segmentation of global ginseng market by geography
- Ginseng market in APAC
- Ginseng market in the Americas
- Ginseng market in EMEA

PART 09: Key leading countries
- South Korea
- China
- Canada
- US

PART 10: Decision framework

PART 11: Drivers and challenges
- Market drivers
- Market challenges

PART 12: Market trends
- Increase in new product launches
- Increasing government initiatives to protect the ginseng plant
- Clean labeling

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