Market Overview:
The global American ginseng powder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for American ginseng powder in the pharmaceutical and healthcare sector, increasing awareness about the benefits of American ginseng powder among consumers, and growing demand for American ginseng powder in food and feed additives applications. However, factors such as high price of American ginseng powder compared to other forms of Ginsenosides could restrain the growth of this market during the forecast period. On the basis of type, high purity segment is expected to account for a major share of the global American ginseng power market during 2018-2030. This can be attributed to increasing demand for high purity grade products from various end-use industries such as pharma & healthcare, cosmetic & skin care, and food & feed additives segments. On basis on application, pharma & healthcare segment is projected register highest CAGR over next 10 years owing growing adoption rateofAmerican Ginsenoside powders by various drug manufacturers across globe .Regionally North America accounted largest revenue share followed by Europe in 2017and itisexpectedto maintain its dominance throughout forecast period .
Product Definition:
American Ginseng Powder is a type of ginseng that is native to North America. It is used as a traditional medicine by Native Americans, and it has been shown to have some health benefits.
High Purity:
High purity is a term used for referring to the quality of products that have been processed and extracted from plant materials with minimal additives or chemicals. The product has high demand in end-use industries such as food & beverage, pharmaceuticals, cosmetics, and others. American Ginseng Powder market is expected to grow at a significant rate owing to its usage in various applications across these industries which will augment industry growth over the forecast period.
Standard:
The standard is a method to measure the amount of ginseng powder in terms of weight. It is used as a reference for measuring the amount of ginseng powder in products like tea and food. The standard has three main parts, namely test tube, weighing pan and liquid crystal cell (LCD). The test tube contains 20 ml water; this water is then boil until it gets vaporized and becomes transparent.
Application Insights:
The other application segment accounted for the largest revenue share of over 50% in 2017. American ginseng root is widely used as an adaptogen and tonic herb to improve overall body function, especially during times of stress. Ginseng extract is commonly used in nutritional supplements and functional food & beverage products owing to its ability to promote physical strength, stamina and resistance against infections.
The demand for the product from the pharmaceutical industry was valued at USD 55 million in 2017 due largely to its wide range of medicinal benefits that include treatment of fatigue, mental alertness enhancement among others. The demand for these herbs as a food additive has been rising steadily since ancient times on account of their high nutritional content; they are considered excellent sources for improving vision healthiness along with enhancing immunity power against bacterial & viral infections including H1N1 influenza virus among others.
Regional Analysis:
North America accounted for the largest revenue share in 2017. The region is expected to maintain its dominance over the forecast period owing to high product demand as a result of rising consumer awareness regarding health and fitness. In addition, increasing number of supplement manufacturers in U.S., coupled with growing focus on innovation and quality, is projected to fuel market growth over the next eight years.
Asia Pacific Ginseng Powder Market was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for American Ginseng Powder in the pharmaceutical and nutraceutical industries as a result of its health benefits.
- Rising awareness about the health benefits of American Ginseng Powder among consumers.
- Growing popularity of American Ginseng Powder as an ingredient in functional foods and beverages.
- increasing demand from emerging markets such as China and India due to rising disposable incomes and growing awareness about the health benefits of American Ginseng powder .
Scope Of The Report
Report Attributes
Report Details
Report Title
American Ginseng Powder Market Research Report
By Type
High Purity, Standard
By Application
Pharma & Healthcare, Cosmetic & Skin Care, Food & Feed Additives, Other
By Companies
Kangmei, Letaotao, Wisconsin HSU'S Ginseng(NanJing), Long Bao Shen Rong, Yisheng Pharma, Tak Shing Hong
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
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global American Ginseng Powder Market Report Segments:
The global American Ginseng Powder market is segmented on the basis of:
Types
High Purity, Standard
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
Pharma & Healthcare, Cosmetic & Skin Care, Food & Feed Additives, Other
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:
- Kangmei
- Letaotao
- Wisconsin HSU'S Ginseng(NanJing)
- Long Bao Shen Rong
- Yisheng Pharma
- Tak Shing Hong
Highlights of The American Ginseng Powder 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:
- High Purity
- Standard
- By Application:
- Pharma & Healthcare
- Cosmetic & Skin Care
- Food & Feed Additives
- Other
- 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 American Ginseng Powder 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
American Ginseng Powder is a dietary supplement that contains ginseng root extract and other ingredients. It is marketed as a way to improve energy, focus, and overall well-being.
Some of the major companies in the american ginseng powder market are Kangmei, Letaotao, Wisconsin HSU'S Ginseng(NanJing), Long Bao Shen Rong, Yisheng Pharma, Tak Shing Hong.
The american ginseng powder market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 American Ginseng Powder Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 American Ginseng Powder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 American Ginseng Powder Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the American Ginseng Powder Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global American Ginseng Powder Market Size & Forecast, 2020-2028
4.5.1 American Ginseng Powder Market Size and Y-o-Y Growth
4.5.2 American Ginseng Powder Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 High Purity
5.2.2 Standard
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pharma & Healthcare
6.2.2 Cosmetic & Skin Care
6.2.3 Food & Feed Additives
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global American Ginseng Powder Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 American Ginseng Powder Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 High Purity
9.6.2 Standard
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pharma & Healthcare
9.10.2 Cosmetic & Skin Care
9.10.3 Food & Feed Additives
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 High Purity
10.6.2 Standard
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pharma & Healthcare
10.10.2 Cosmetic & Skin Care
10.10.3 Food & Feed Additives
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 High Purity
11.6.2 Standard
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pharma & Healthcare
11.10.2 Cosmetic & Skin Care
11.10.3 Food & Feed Additives
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 High Purity
12.6.2 Standard
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pharma & Healthcare
12.10.2 Cosmetic & Skin Care
12.10.3 Food & Feed Additives
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 High Purity
13.6.2 Standard
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pharma & Healthcare
13.10.2 Cosmetic & Skin Care
13.10.3 Food & Feed Additives
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 American Ginseng Powder Market: Competitive Dashboard
14.2 Global American Ginseng Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kangmei
14.3.2 Letaotao
14.3.3 Wisconsin HSU'S Ginseng(NanJing)
14.3.4 Long Bao Shen Rong
14.3.5 Yisheng Pharma
14.3.6 Tak Shing Hong
