Market Report

Ginseng Market Overview Ginseng Market size is estimated at $5.9 billion in 2020, projected to grow at a CAGR of 4.2% during the forecast period 2021-2026. Ginseng is used to describe eleven different types of small, slow-growing plants with fleshy roots. Furthermore, ginseng roots are known to contain high levels of bioactive compounds such as salicylic acid, phenolic acids maltol, p-coumaric acid, and vanillic acid. Consumer acceptance of Asian and oriental flavours, as well as demand for Chinese herbal treatment, are propelling the Ginseng market forward. There are a variety of herbs in this category, but the most prevalent are American ginseng and Asian ginseng. Although the soothing effects of American ginseng are well-known, the invigorating effects of Asian ginseng are also well-known. Ginseng is made up of two major compounds, ginosides and ginotin, which work together to provide health benefits like increased immunity, cancer prevention, and blood sugar control due to bioacti