Ginseng extract is obtained from a plant called ginseng which is considered to be an adaptogenic plant. Ginseng plant is identified as a single stalk plant with fleshy roots with green oval-shaped leaves. It is one of the herbal supplement and is increasingly being demanded in extracts form owing to anti-cancer, anti-inflammatory, and antioxidant properties. Further, extract prepared from gingeng plant is referred as adaptogen which means that it helps to reduce chemical, biological & physical stress and helps to enhance general vitality.
MARKET DYNAMICS
The ginseng extracts market has witnessed a significant growth owing to factors such as rising consumer orientation towards healthy lifestyle. Moreover, the rise in investments in R&D activities along with growing demand for ginseng extractss across various end use industries such as pharmaceutical, cosmetics and others provides a huge market opportunity for the key players operating in the ginseng extracts market. However, side effects risks related to ginseng extract is projected to hamper the overall growth of the ginseng extracts market.
MARKET SCOPE
The "Global Ginseng Extracts Market Analysis to 2028" is a specialized and in-depth study of the Chemical and Materials industry with a special focus on the global markettrend analysis. The report aims to provide an overview of the ginseng extracts market with detailed market segmentation by dosage form, distribution channel and application, and geography. The global ginseng extracts market is expected to witness high growth during the forecast period. The report provides key statistics on the marketstatus of the leading ginseng extracts market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The globalginseng extracts market is segmented on the basis of type dosage form, distribution channel and application. On the basis of dosage form, the ginseng extracts market is segmented into powder, liquid, capsule and others. Based on application the global ginseng extracts marketis divided into personal care & cosmetics, dietary supplement, food, and home and pharmaceuticals. On the basis of Distribution Channel, the ginseng extracts market is segmented into pharmacies/drugstore, hypermarket/supermarket, online retailing, health/beauty store and direct selling.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global ginseng extracts market based on various segments. It also provides marketsize and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The ginseng extracts market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the ginseng extracts market from both demand and supply side and further evaluates marketdynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the ginseng extracts market in these regions.
MARKET PLAYERS
The reports cover key developments in the ginseng extracts market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of marketplayers. The marketpayers from ginseng extracts market are anticipated to lucrative growth opportunities in the future with the rising demand for ginseng extracts in the global market. Below mentioned is the list of few companies engaged in theginseng extracts market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in theginseng extracts market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Allcura Naturheilmittel GmbH
- Amway
- Elemis Ltd
- Inovital
- Korean Ginseng Export Corporation
- Nature Essential
- Oxford Vitality
- RFI Ingredients
- Starwest Botanicals
- The Boots Company PLC
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