Global Ginseng Market 2017-2021

NEW YORK, July 5, 2017 /PRNewswire/ --

About Ginseng

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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Technavio's analysts forecast the global ginseng market to grow at a CAGR of 12.46% during the period 2017-2021.

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

Technavio's 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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Read the full report: http://www.reportlinker.com/p04973869/Global-Ginseng-Market.html

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