The global ginseng extracts market size is anticipated to grow at a significant CAGR of over 6% during the forecast period from 2021 to 2027. The increasing demand for Chinese herbals and the growing adoption of Asian flavor is a major factor to drive the market growth. Furthermore, the presence of highly bioactive compounds such as vanillic acid, salicylic acid, and p-coumaric is expected to increase the demand for the product. Moreover, the increasing use of ginseng extracts in dietary supplements and functional food is anticipated to boost the market growth over the forecast period.
The report titled "Ginseng Extracts Market - Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast - 2021 – 2027" offers a holistic view of the Ginseng Extracts industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Ginseng Extracts market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
Ginseng Extracts Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.
The Ginseng Extracts Market Segmentation:
By Form:
- Powder
- Liquid
By Application:
- Cosmetics & Personal Care
- Pharmaceuticals
- Dietary Supplements
- Food & Beverages
By Region:
· North America
· Europe
· Asia Pacific
· Latin America
· Middle East & Africa
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List of Key companies:
- Shanti Natural
- Orkla Health
- RFI ingredient
- Herbal Bioactives
- KGEC
- Nino Biotech
- Hangzhou Skyherb
- Liuyang Naturalin Bio
- Sinochem Pharmaceutical
- Clariant
Key Questions Answered by Ginseng Extracts Market Report
- Product popularity and adoption based on various country-level dynamics
- Regional presence and product development for leading market participants
- Market forecasts and trend analysis based on ongoing investments and economic growth in key countries
- Competitive landscape based on revenue, product offerings, years of presence, number of employees and market concentration, among others
- number of employees and market concentration, among others
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