Ginseng Supplements Market Is Projected to Extend at a 4750 Million USD by the End of 2025, with a CAGR of 7.5%: QY Research
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Los Angeles, CA -- (SBWire) -- 05/07/2019 --Ginseng is one of the most popular herbal medicines in the world. Ginseng has also been studied as a way to improve mood and boost endurance as well as treat cancer, heart disease, fatigue, erectile dysfunction, hepatitis C, high blood pressure, menopausal symptoms, and other conditions. While some of these uses are promising, the evidence isn't conclusive.
Asia-Pacific has the largest global export quantity and manufacturers in Ginseng Supplements market, while the Europe is the second sales volume market for Ginseng Supplements in 2016.
In the industry, KGC profits most in 2016 and recent years, while Pharmaton and Boots ranked 2 and 3.The market share of them is 41.17%, 6.05% and 3.76% in 2016.The gap of market share is keep on enlarged due to different strategy.
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The Ginseng Supplements still have a lot of opportunities with this huge market ahead. However, the enterprises have to solve the problems such as material source, high operating cost, some technical difficulties and the problem of lack of content and so on.
In 2018, the global Ginseng Supplements market size was 2660 million US$ and it is expected to reach 4750 million US$ by the end of 2025, with a CAGR of 7.5% between 2019 and 2025.
This report studies the Ginseng Supplements market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
This report focuses on the global top players, covered
Jilin Zixin Pharmaceutical Industrial
Allcura Naturheilmittel GmbH
Market segment by Regions/Countries, this report covers
Rest of Asia Pacific
Central & South America
Middle East & Africa
Market segment by Type, the product can be split into
Market segment by Application, the market can be split into
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