The global ginseng tea market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for herbal products and rising awareness about health benefits of ginseng tea. Ginseng tea is a type of herbal beverage that has been used for centuries in traditional Chinese medicine as an energy booster and immune system enhancer. It is also used as a natural remedy for stress, anxiety, depression, fatigue, and insomnia. The global ginseng tea market has been segmented on the basis of type into Korean red ginseng tea, Panax ginseng tea and American Ginseng Tea; by application into offline sales and online sales; by region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA). North America accounted for the largest share in the global ginseng tea market in 2017 owing to its high adoption rate among consumers due to its availability in local markets such as Canada and US. In addition, it offers various types such as Korean Red Ginseng Tea which are popular among consumers due to their medicinal properties such as boosting immunity levels or reducing stress levels. Moreover, it offers various types such as Panax Ginseng Tea which are popular among consumers due to their medicinal properties such as boosting immunity levels or reducing stress levels. Furthermore, it offers various types such as American Ginseng Tea which are popular among consumers due to their medicinal properties such as boosting immunity levels or reducing stress levels. In Latin America region countries like Brazil have shown significant growth potential owing to increasing awareness about health benefits associated with consumption of herbal products including ginsenosides found in red Korean-ginsenisgtea that helps boost immune system function while also providing relief from symptoms related with chronic diseases like diabetes mellitus type 2.
Some Of The Growth Factors Of This Market:
- Ginseng tea is a popular drink in China, Korea, and Japan.
- The popularity of ginseng tea has been growing in the United States and Europe as well.
- Ginseng tea is often used as a health supplement to help with stress, fatigue, and insomnia.
- Ginseng tea can be found at most grocery stores or health food stores.
- The price of ginseng varies depending on the quality.
Industry Growth Insights published a new data on “Ginseng Tea Market”. The research report is titled “Ginseng Tea Market research by Types (Korean Red Ginseng Tea, Panax Ginseng Tea, American Ginseng Tea, Others), By Applications (Offline Sales, Online Sales), By Players/Companies Green Gold Ginseng, King's Ginseng, Arizona, HYLEYS, Auragin, Prince of Peace, Fec Ginseng?Marine, Songwha”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ginseng Tea Market Research Report
By Type
Korean Red Ginseng Tea, Panax Ginseng Tea, American Ginseng Tea, Others
By Application
Offline Sales, Online Sales
By Companies
Green Gold Ginseng, King's Ginseng, Arizona, HYLEYS, Auragin, Prince of Peace, Fec Ginseng?Marine, Songwha
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Ginseng Tea Market Report Segments:
The global Ginseng Tea market is segmented on the basis of:
Types
Korean Red Ginseng Tea, Panax Ginseng Tea, American Ginseng Tea, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Offline Sales, Online Sales
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Green Gold Ginseng
- King's Ginseng
- Arizona
- HYLEYS
- Auragin
- Prince of Peace
- Fec Ginseng?Marine
- Songwha
Highlights of The Ginseng Tea Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Korean Red Ginseng Tea
- Panax Ginseng Tea
- American Ginseng Tea
- Others
- By Application:
- Offline Sales
- Online Sales
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ginseng Tea Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ginseng tea is a beverage made from the dried and ground root of the ginseng plant. Ginseng is thought to have many health benefits, including improving energy levels, reducing stress, and boosting immunity.
Some of the key players operating in the ginseng tea market are Green Gold Ginseng, King's Ginseng, Arizona, HYLEYS, Auragin, Prince of Peace, Fec Ginseng?Marine, Songwha.
The ginseng tea market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ginseng Tea Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ginseng Tea Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ginseng Tea Market - Supply Chain
4.5. Global Ginseng Tea Market Forecast
4.5.1. Ginseng Tea Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ginseng Tea Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ginseng Tea Market Absolute $ Opportunity
5. Global Ginseng Tea Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ginseng Tea Market Size and Volume Forecast by Type
5.3.1. Korean Red Ginseng Tea
5.3.2. Panax Ginseng Tea
5.3.3. American Ginseng Tea
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ginseng Tea Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ginseng Tea Market Size and Volume Forecast by Application
6.3.1. Offline Sales
6.3.2. Online Sales
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ginseng Tea Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ginseng Tea Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ginseng Tea Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ginseng Tea Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ginseng Tea Demand Share Forecast, 2019-2026
9. North America Ginseng Tea Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ginseng Tea Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ginseng Tea Market Size and Volume Forecast by Application
9.4.1. Offline Sales
9.4.2. Online Sales
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ginseng Tea Market Size and Volume Forecast by Type
9.7.1. Korean Red Ginseng Tea
9.7.2. Panax Ginseng Tea
9.7.3. American Ginseng Tea
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ginseng Tea Demand Share Forecast, 2019-2026
10. Latin America Ginseng Tea Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ginseng Tea Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ginseng Tea Market Size and Volume Forecast by Application
10.4.1. Offline Sales
10.4.2. Online Sales
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ginseng Tea Market Size and Volume Forecast by Type
10.7.1. Korean Red Ginseng Tea
10.7.2. Panax Ginseng Tea
10.7.3. American Ginseng Tea
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ginseng Tea Demand Share Forecast, 2019-2026
11. Europe Ginseng Tea Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ginseng Tea Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ginseng Tea Market Size and Volume Forecast by Application
11.4.1. Offline Sales
11.4.2. Online Sales
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ginseng Tea Market Size and Volume Forecast by Type
11.7.1. Korean Red Ginseng Tea
11.7.2. Panax Ginseng Tea
11.7.3. American Ginseng Tea
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ginseng Tea Demand Share, 2019-2026
12. Asia Pacific Ginseng Tea Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ginseng Tea Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ginseng Tea Market Size and Volume Forecast by Application
12.4.1. Offline Sales
12.4.2. Online Sales
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ginseng Tea Market Size and Volume Forecast by Type
12.7.1. Korean Red Ginseng Tea
12.7.2. Panax Ginseng Tea
12.7.3. American Ginseng Tea
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ginseng Tea Demand Share, 2019-2026
13. Middle East & Africa Ginseng Tea Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ginseng Tea Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ginseng Tea Market Size and Volume Forecast by Application
13.4.1. Offline Sales
13.4.2. Online Sales
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ginseng Tea Market Size and Volume Forecast by Type
13.7.1. Korean Red Ginseng Tea
13.7.2. Panax Ginseng Tea
13.7.3. American Ginseng Tea
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ginseng Tea Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ginseng Tea Market: Market Share Analysis
14.2. Ginseng Tea Distributors and Customers
14.3. Ginseng Tea Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Green Gold Ginseng
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. King's Ginseng
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Arizona
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. HYLEYS
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Auragin
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Prince of Peace
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fec Ginseng?Marine
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Songwha
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook