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Home Food & Beverages Ginseng Market Size, Share & Trends Analysis Report 2031

Ginseng Market

Ginseng Market Size, Share & Trends Analysis Report By Source (Wild, Wild simulated ginseng, Wild ginseng, Cultivated, Field cultivated, Woods cultivated), By End-Product (Powder, Tablet, Beverages, Others), By End-Use (Personal care products, Dietary supplements, Food and beverage processing, Pet food, Pharmaceuticals products), By Variety (Korean ginseng, American ginseng, Siberian ginseng, Others), By Type (Red Ginseng, White Ginseng) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2023-2031

Report Code: SRFB454DR
Study Period 2019-2031 CAGR 4.6%
Historical Period 2019-2021 Forecast Period 2023-2031
Base Year 2022 Base Year Market Size USD 679.90 Million
Forecast Year 2031 Forecast Year Market Size USD 1019.13 Million
Largest Market Asia Pacific Fastest Growing Market North America
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Market Segmentation

  1. Ginseng Market, By Source (2021-2031)
    1. Wild
    2. Wild simulated ginseng
    3. Wild ginseng
    4. Cultivated
    5. Field cultivated
    6. Woods cultivated
  2. Ginseng Market, By End-Product (2021-2031)
    1. Powder
    2. Tablet
    3. Beverages
    4. Others
  3. Ginseng Market, By End-Use (2021-2031)
    1. Personal care products
    2. Dietary supplements
    3. Food and beverage processing
    4. Pet food
    5. Pharmaceuticals products
  4. Ginseng Market, By Variety (2021-2031)
    1. Korean ginseng
    2. American ginseng
    3. Siberian ginseng
    4. Others
  5. Ginseng Market, By Type (2021-2031)
    1. Red Ginseng
    2. White Ginseng
    1. North America
      1. North America Ginseng Market, By Source
        1. Wild
          1. Wild simulated ginseng
            1. Wild ginseng
              1. Cultivated
                1. Field cultivated
                  1. Woods cultivated
                  2. North America Ginseng Market, By End-Product
                    1. Powder
                      1. Tablet
                        1. Beverages
                          1. Others
                          2. North America Ginseng Market, By End-Use
                            1. Personal care products
                              1. Dietary supplements
                                1. Food and beverage processing
                                  1. Pet food
                                    1. Pharmaceuticals products
                                    2. North America Ginseng Market, By Variety
                                      1. Korean ginseng
                                        1. American ginseng
                                          1. Siberian ginseng
                                            1. Others
                                            2. North America Ginseng Market, By Type
                                              1. Red Ginseng
                                                1. White Ginseng
                                                2. U.S.
                                                  1. U.S. Ginseng Market, By Source
                                                    1. Wild
                                                      1. Wild simulated ginseng
                                                        1. Wild ginseng
                                                          1. Cultivated
                                                            1. Field cultivated
                                                              1. Woods cultivated
                                                              2. U.S. Ginseng Market, By End-Product
                                                                1. Powder
                                                                  1. Tablet
                                                                    1. Beverages
                                                                      1. Others
                                                                      2. U.S. Ginseng Market, By End-Use
                                                                        1. Personal care products
                                                                          1. Dietary supplements
                                                                            1. Food and beverage processing
                                                                              1. Pet food
                                                                                1. Pharmaceuticals products
                                                                                2. U.S. Ginseng Market, By Variety
                                                                                  1. Korean ginseng
                                                                                    1. American ginseng
                                                                                      1. Siberian ginseng
                                                                                        1. Others
                                                                                        2. U.S. Ginseng Market, By Type
                                                                                          1. Red Ginseng
                                                                                            1. White Ginseng
                                                                                          2. Canada
                                                                                        3. Europe
                                                                                          1. Europe Ginseng Market, By Source
                                                                                            1. Wild
                                                                                              1. Wild simulated ginseng
                                                                                                1. Wild ginseng
                                                                                                  1. Cultivated
                                                                                                    1. Field cultivated
                                                                                                      1. Woods cultivated
                                                                                                      2. Europe Ginseng Market, By End-Product
                                                                                                        1. Powder
                                                                                                          1. Tablet
                                                                                                            1. Beverages
                                                                                                              1. Others
                                                                                                              2. Europe Ginseng Market, By End-Use
                                                                                                                1. Personal care products
                                                                                                                  1. Dietary supplements
                                                                                                                    1. Food and beverage processing
                                                                                                                      1. Pet food
                                                                                                                        1. Pharmaceuticals products
                                                                                                                        2. Europe Ginseng Market, By Variety
                                                                                                                          1. Korean ginseng
                                                                                                                            1. American ginseng
                                                                                                                              1. Siberian ginseng
                                                                                                                                1. Others
                                                                                                                                2. Europe Ginseng Market, By Type
                                                                                                                                  1. Red Ginseng
                                                                                                                                    1. White Ginseng
                                                                                                                                    2. U.K.
                                                                                                                                      1. U.K. Ginseng Market, By Source
                                                                                                                                        1. Wild
                                                                                                                                          1. Wild simulated ginseng
                                                                                                                                            1. Wild ginseng
                                                                                                                                              1. Cultivated
                                                                                                                                                1. Field cultivated
                                                                                                                                                  1. Woods cultivated
                                                                                                                                                  2. U.K. Ginseng Market, By End-Product
                                                                                                                                                    1. Powder
                                                                                                                                                      1. Tablet
                                                                                                                                                        1. Beverages
                                                                                                                                                          1. Others
                                                                                                                                                          2. U.K. Ginseng Market, By End-Use
                                                                                                                                                            1. Personal care products
                                                                                                                                                              1. Dietary supplements
                                                                                                                                                                1. Food and beverage processing
                                                                                                                                                                  1. Pet food
                                                                                                                                                                    1. Pharmaceuticals products
                                                                                                                                                                    2. U.K. Ginseng Market, By Variety
                                                                                                                                                                      1. Korean ginseng
                                                                                                                                                                        1. American ginseng
                                                                                                                                                                          1. Siberian ginseng
                                                                                                                                                                            1. Others
                                                                                                                                                                            2. U.K. Ginseng Market, By Type
                                                                                                                                                                              1. Red Ginseng
                                                                                                                                                                                1. White Ginseng
                                                                                                                                                                              2. Germany
                                                                                                                                                                              3. France
                                                                                                                                                                              4. Spain
                                                                                                                                                                              5. Italy
                                                                                                                                                                              6. Russia
                                                                                                                                                                              7. Nordic
                                                                                                                                                                              8. Benelux
                                                                                                                                                                              9. Rest of Europe
                                                                                                                                                                            3. APAC
                                                                                                                                                                              1. APAC Ginseng Market, By Source
                                                                                                                                                                                1. Wild
                                                                                                                                                                                  1. Wild simulated ginseng
                                                                                                                                                                                    1. Wild ginseng
                                                                                                                                                                                      1. Cultivated
                                                                                                                                                                                        1. Field cultivated
                                                                                                                                                                                          1. Woods cultivated
                                                                                                                                                                                          2. APAC Ginseng Market, By End-Product
                                                                                                                                                                                            1. Powder
                                                                                                                                                                                              1. Tablet
                                                                                                                                                                                                1. Beverages
                                                                                                                                                                                                  1. Others
                                                                                                                                                                                                  2. APAC Ginseng Market, By End-Use
                                                                                                                                                                                                    1. Personal care products
                                                                                                                                                                                                      1. Dietary supplements
                                                                                                                                                                                                        1. Food and beverage processing
                                                                                                                                                                                                          1. Pet food
                                                                                                                                                                                                            1. Pharmaceuticals products
                                                                                                                                                                                                            2. APAC Ginseng Market, By Variety
                                                                                                                                                                                                              1. Korean ginseng
                                                                                                                                                                                                                1. American ginseng
                                                                                                                                                                                                                  1. Siberian ginseng
                                                                                                                                                                                                                    1. Others
                                                                                                                                                                                                                    2. APAC Ginseng Market, By Type
                                                                                                                                                                                                                      1. Red Ginseng
                                                                                                                                                                                                                        1. White Ginseng
                                                                                                                                                                                                                        2. China
                                                                                                                                                                                                                          1. China Ginseng Market, By Source
                                                                                                                                                                                                                            1. Wild
                                                                                                                                                                                                                              1. Wild simulated ginseng
                                                                                                                                                                                                                                1. Wild ginseng
                                                                                                                                                                                                                                  1. Cultivated
                                                                                                                                                                                                                                    1. Field cultivated
                                                                                                                                                                                                                                      1. Woods cultivated
                                                                                                                                                                                                                                      2. China Ginseng Market, By End-Product
                                                                                                                                                                                                                                        1. Powder
                                                                                                                                                                                                                                          1. Tablet
                                                                                                                                                                                                                                            1. Beverages
                                                                                                                                                                                                                                              1. Others
                                                                                                                                                                                                                                              2. China Ginseng Market, By End-Use
                                                                                                                                                                                                                                                1. Personal care products
                                                                                                                                                                                                                                                  1. Dietary supplements
                                                                                                                                                                                                                                                    1. Food and beverage processing
                                                                                                                                                                                                                                                      1. Pet food
                                                                                                                                                                                                                                                        1. Pharmaceuticals products
                                                                                                                                                                                                                                                        2. China Ginseng Market, By Variety
                                                                                                                                                                                                                                                          1. Korean ginseng
                                                                                                                                                                                                                                                            1. American ginseng
                                                                                                                                                                                                                                                              1. Siberian ginseng
                                                                                                                                                                                                                                                                1. Others
                                                                                                                                                                                                                                                                2. China Ginseng Market, By Type
                                                                                                                                                                                                                                                                  1. Red Ginseng
                                                                                                                                                                                                                                                                    1. White Ginseng
                                                                                                                                                                                                                                                                  2. Korea
                                                                                                                                                                                                                                                                  3. Japan
                                                                                                                                                                                                                                                                  4. India
                                                                                                                                                                                                                                                                  5. Australia
                                                                                                                                                                                                                                                                  6. Taiwan
                                                                                                                                                                                                                                                                  7. South East Asia
                                                                                                                                                                                                                                                                  8. Rest of Asia-Pacific
                                                                                                                                                                                                                                                                3. Middle East and Africa
                                                                                                                                                                                                                                                                  1. Middle East and Africa Ginseng Market, By Source
                                                                                                                                                                                                                                                                    1. Wild
                                                                                                                                                                                                                                                                      1. Wild simulated ginseng
                                                                                                                                                                                                                                                                        1. Wild ginseng
                                                                                                                                                                                                                                                                          1. Cultivated
                                                                                                                                                                                                                                                                            1. Field cultivated
                                                                                                                                                                                                                                                                              1. Woods cultivated
                                                                                                                                                                                                                                                                              2. Middle East and Africa Ginseng Market, By End-Product
                                                                                                                                                                                                                                                                                1. Powder
                                                                                                                                                                                                                                                                                  1. Tablet
                                                                                                                                                                                                                                                                                    1. Beverages
                                                                                                                                                                                                                                                                                      1. Others
                                                                                                                                                                                                                                                                                      2. Middle East and Africa Ginseng Market, By End-Use
                                                                                                                                                                                                                                                                                        1. Personal care products
                                                                                                                                                                                                                                                                                          1. Dietary supplements
                                                                                                                                                                                                                                                                                            1. Food and beverage processing
                                                                                                                                                                                                                                                                                              1. Pet food
                                                                                                                                                                                                                                                                                                1. Pharmaceuticals products
                                                                                                                                                                                                                                                                                                2. Middle East and Africa Ginseng Market, By Variety
                                                                                                                                                                                                                                                                                                  1. Korean ginseng
                                                                                                                                                                                                                                                                                                    1. American ginseng
                                                                                                                                                                                                                                                                                                      1. Siberian ginseng
                                                                                                                                                                                                                                                                                                        1. Others
                                                                                                                                                                                                                                                                                                        2. Middle East and Africa Ginseng Market, By Type
                                                                                                                                                                                                                                                                                                          1. Red Ginseng
                                                                                                                                                                                                                                                                                                            1. White Ginseng
                                                                                                                                                                                                                                                                                                            2. UAE
                                                                                                                                                                                                                                                                                                              1. UAE Ginseng Market, By Source
                                                                                                                                                                                                                                                                                                                1. Wild
                                                                                                                                                                                                                                                                                                                  1. Wild simulated ginseng
                                                                                                                                                                                                                                                                                                                    1. Wild ginseng
                                                                                                                                                                                                                                                                                                                      1. Cultivated
                                                                                                                                                                                                                                                                                                                        1. Field cultivated
                                                                                                                                                                                                                                                                                                                          1. Woods cultivated
                                                                                                                                                                                                                                                                                                                          2. UAE Ginseng Market, By End-Product
                                                                                                                                                                                                                                                                                                                            1. Powder
                                                                                                                                                                                                                                                                                                                              1. Tablet
                                                                                                                                                                                                                                                                                                                                1. Beverages
                                                                                                                                                                                                                                                                                                                                  1. Others
                                                                                                                                                                                                                                                                                                                                  2. UAE Ginseng Market, By End-Use
                                                                                                                                                                                                                                                                                                                                    1. Personal care products
                                                                                                                                                                                                                                                                                                                                      1. Dietary supplements
                                                                                                                                                                                                                                                                                                                                        1. Food and beverage processing
                                                                                                                                                                                                                                                                                                                                          1. Pet food
                                                                                                                                                                                                                                                                                                                                            1. Pharmaceuticals products
                                                                                                                                                                                                                                                                                                                                            2. UAE Ginseng Market, By Variety
                                                                                                                                                                                                                                                                                                                                              1. Korean ginseng
                                                                                                                                                                                                                                                                                                                                                1. American ginseng
                                                                                                                                                                                                                                                                                                                                                  1. Siberian ginseng
                                                                                                                                                                                                                                                                                                                                                    1. Others
                                                                                                                                                                                                                                                                                                                                                    2. UAE Ginseng Market, By Type
                                                                                                                                                                                                                                                                                                                                                      1. Red Ginseng
                                                                                                                                                                                                                                                                                                                                                        1. White Ginseng
                                                                                                                                                                                                                                                                                                                                                      2. Turkey
                                                                                                                                                                                                                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                                                                                                                                                                                                                      4. South Africa
                                                                                                                                                                                                                                                                                                                                                      5. Egypt
                                                                                                                                                                                                                                                                                                                                                      6. Nigeria
                                                                                                                                                                                                                                                                                                                                                      7. Rest of MEA
                                                                                                                                                                                                                                                                                                                                                    3. LATAM
                                                                                                                                                                                                                                                                                                                                                      1. LATAM Ginseng Market, By Source
                                                                                                                                                                                                                                                                                                                                                        1. Wild
                                                                                                                                                                                                                                                                                                                                                          1. Wild simulated ginseng
                                                                                                                                                                                                                                                                                                                                                            1. Wild ginseng
                                                                                                                                                                                                                                                                                                                                                              1. Cultivated
                                                                                                                                                                                                                                                                                                                                                                1. Field cultivated
                                                                                                                                                                                                                                                                                                                                                                  1. Woods cultivated
                                                                                                                                                                                                                                                                                                                                                                  2. LATAM Ginseng Market, By End-Product
                                                                                                                                                                                                                                                                                                                                                                    1. Powder
                                                                                                                                                                                                                                                                                                                                                                      1. Tablet
                                                                                                                                                                                                                                                                                                                                                                        1. Beverages
                                                                                                                                                                                                                                                                                                                                                                          1. Others
                                                                                                                                                                                                                                                                                                                                                                          2. LATAM Ginseng Market, By End-Use
                                                                                                                                                                                                                                                                                                                                                                            1. Personal care products
                                                                                                                                                                                                                                                                                                                                                                              1. Dietary supplements
                                                                                                                                                                                                                                                                                                                                                                                1. Food and beverage processing
                                                                                                                                                                                                                                                                                                                                                                                  1. Pet food
                                                                                                                                                                                                                                                                                                                                                                                    1. Pharmaceuticals products
                                                                                                                                                                                                                                                                                                                                                                                    2. LATAM Ginseng Market, By Variety
                                                                                                                                                                                                                                                                                                                                                                                      1. Korean ginseng
                                                                                                                                                                                                                                                                                                                                                                                        1. American ginseng
                                                                                                                                                                                                                                                                                                                                                                                          1. Siberian ginseng
                                                                                                                                                                                                                                                                                                                                                                                            1. Others
                                                                                                                                                                                                                                                                                                                                                                                            2. LATAM Ginseng Market, By Type
                                                                                                                                                                                                                                                                                                                                                                                              1. Red Ginseng
                                                                                                                                                                                                                                                                                                                                                                                                1. White Ginseng
                                                                                                                                                                                                                                                                                                                                                                                                2. Brazil
                                                                                                                                                                                                                                                                                                                                                                                                  1. Brazil Ginseng Market, By Source
                                                                                                                                                                                                                                                                                                                                                                                                    1. Wild
                                                                                                                                                                                                                                                                                                                                                                                                      1. Wild simulated ginseng
                                                                                                                                                                                                                                                                                                                                                                                                        1. Wild ginseng
                                                                                                                                                                                                                                                                                                                                                                                                          1. Cultivated
                                                                                                                                                                                                                                                                                                                                                                                                            1. Field cultivated
                                                                                                                                                                                                                                                                                                                                                                                                              1. Woods cultivated
                                                                                                                                                                                                                                                                                                                                                                                                              2. Brazil Ginseng Market, By End-Product
                                                                                                                                                                                                                                                                                                                                                                                                                1. Powder
                                                                                                                                                                                                                                                                                                                                                                                                                  1. Tablet
                                                                                                                                                                                                                                                                                                                                                                                                                    1. Beverages
                                                                                                                                                                                                                                                                                                                                                                                                                      1. Others
                                                                                                                                                                                                                                                                                                                                                                                                                      2. Brazil Ginseng Market, By End-Use
                                                                                                                                                                                                                                                                                                                                                                                                                        1. Personal care products
                                                                                                                                                                                                                                                                                                                                                                                                                          1. Dietary supplements
                                                                                                                                                                                                                                                                                                                                                                                                                            1. Food and beverage processing
                                                                                                                                                                                                                                                                                                                                                                                                                              1. Pet food
                                                                                                                                                                                                                                                                                                                                                                                                                                1. Pharmaceuticals products
                                                                                                                                                                                                                                                                                                                                                                                                                                2. Brazil Ginseng Market, By Variety
                                                                                                                                                                                                                                                                                                                                                                                                                                  1. Korean ginseng
                                                                                                                                                                                                                                                                                                                                                                                                                                    1. American ginseng
                                                                                                                                                                                                                                                                                                                                                                                                                                      1. Siberian ginseng
                                                                                                                                                                                                                                                                                                                                                                                                                                        1. Others
                                                                                                                                                                                                                                                                                                                                                                                                                                        2. Brazil Ginseng Market, By Type
                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Red Ginseng
                                                                                                                                                                                                                                                                                                                                                                                                                                            1. White Ginseng
                                                                                                                                                                                                                                                                                                                                                                                                                                          2. Mexico
                                                                                                                                                                                                                                                                                                                                                                                                                                          3. Argentina
                                                                                                                                                                                                                                                                                                                                                                                                                                          4. Chile
                                                                                                                                                                                                                                                                                                                                                                                                                                          5. Colombia
                                                                                                                                                                                                                                                                                                                                                                                                                                          6. Rest of LATAM

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