Global Ginseng Extract Market expected to rise at a higher CAGR by 2021

Global Ginseng Extract Market is expected to rise at a higher CAGR during the forecast period. Ginseng is extensively used for its healing and revitalizing properties plus for medicinal capabilities in traditional medicine. Research is now emphasized on purified individual genosides which constitutes an important component in ginseng that studies its particular mechanism of action instead of whole-plant extracts on cardiovascular diseases. Out of the various genosides purified genosides namely Rb1, Rg1, Rg3, Rh1, Re and Rd are mostly subjective to research.

Clinically, ginseng extract is a remedy against cardiovascular disease. As ginseng and ginsenosides have vaso relaxation, anti-oxidative, anti-inflammatory and anticancer properties, it is more particularly used to cure patients with cardiovascular disease. Cardiac ischemia results in myocardial injury leading to production of ROS and in such cases ginseng curing restores coronary blood flow to normal. Ginsenosides again protects from myocardial injury by augmenting 6-keto-protagladin that produces lipid peroxidation. Further, ginseng extract also aids in modulating vascular function. Intake of ginseng extracts also yields angiomodulatory and neurological effects. Ginseng extracts displays efficacy in cardiac disease, oxidative stress, hyperlipidemia, and ion regulation.

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On a commercial scale, ginseng is a traditional herbal remedy with active constituent ginsenosides which are vital in medicinal effects of ginseng. Ginsenosides display a wider range of activities on cardiovascular through the inhibition of ROS production, stimulation of NO production and improvement in blood circulation. Overall, the global ginseng market witnesses a higher CAGR during the forecast period.

Global ginseng extract market is driven by factors such as rising consumption of dietary supplements & cosmetic products. Additionally, rise in use of formulated and ginseng ingredients are anticipated to grow the market at a higher CAGR during the forecast period. Moreover, rising prevalence such as heart disease, erectile dysfunction, hepatitis C, fatigue and high blood pressure is also anticipated to raise the market at a higher CAGR.

Global ginseng extract market is segmented into powder, liquid and capsules, based on form. Based on application the global ginseng extract market is segmented into personal care, dietary supplements, pharmaceutical, food and oral care. Personal care is further sub-categorized into skin care products and hair care products. Food segment is further sub-categorized into tea and chocolate.

Global ginseng extract market is segmented into hypermarket/supermarket, pharmacies/drugstore, health/beauty store, direct selling and online retailing. Pharmacies/drugstore is anticipated to grow at a higher CAGR during the forecast period. Based on geographic segmentation, the global ginseng extract market spans North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Middle-East and Africa.

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North America leads the global market in the forecast period owing to rising demand of ginseng products and dietary supplements is gaining positive traction in U.S. market. The key players in the global ginseng extract market include Amway, The Boots Company PLC, Elemis Ltd, Inovital, RFI Ingredients, Starwest Botanicals, and Korean Ginseng Export Corporation.

This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering

• Korea Ginseng Corporation

• Xi'an Day Natural Inc.

• Guangdong NAHE Phytochem Technology CO., LTD

• Navchetana Kendra

• Ilhwa Co., Ltd.

• Euromed S.A.

By types, the market can be split into

• Red Ginseng Extract

• American Ginseng Extract

• Brazilian Ginseng Extract

• Siberian Ginseng Extract

• Indian Ginseng Extract

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By Application, the market can be split into

• Pharma & Healthcare

• Cosmetic & Skin Care

• Food & Feed Additives

By Regions, this report covers (we can add the regions/countries as you want)

• North America

• China

• Europe

• Southeast Asia

• Japan

• India

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