FMI Ginseng Market Growth and Forecast 2016-2026 | Page 6

Ginseng Market
giving a boost to overall demand for ginseng.
The Asia Pacific ginseng market is dominated by China, which remains a leading producer and consumer
globally as well. Production and export of ginseng has witnessed a steady growth since China Health
Ministry approved its use in food products in 2012.
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Ginseng Market: Drivers
Increased consumption of dietary supplements and cosmetics products, which are specially formulated
and contain ginseng as an ingredient is expected to support global demand. Moreover, increasing usage
of ginseng in pharmaceutical products to mitigate the risk of various diseases, such as heart disease,
erectile dysfunction, hepatitis C, fatigue, and high blood pressure is also expected to fuel market growth
over the forecast period.
Ginseng Market: Key Players

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Key players operating in the ginseng market includes Amway,The Boots Company PLC, Elemis Ltd,
Inovital,RFI Ingredients, Starwest Botanicals, and Korean Ginseng Export Corporation.

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