Report overview
Red ginseng is made by steaming and drying fresh ginseng with a moisture content of ?15.5% and a light red or reddish brown colour.
This report contains market size and forecasts of Red Ginseng in global, including the following market information:
Global Red Ginseng Market Revenue, 2018-2023, 2023-2032, ($ millions)
Global Red Ginseng Market Sales, 2018-2023, 2023-2032, (Tons)
Global top five Red Ginseng companies in 2022 (%)
The global Red Ginseng market was valued at US$ million in 2022 and is projected to reach US$ million by 2032, at a CAGR of % during the forecast period 2023-2032.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2032.
Capsules Segment to Reach $ Million by 2032, with a % CAGR in next six years.
The global key manufacturers of Red Ginseng include Korea Tobacco & Ginseng Corporation(Korea Ginseng), KGE Co.Ltd., Daedong Korea Ginseng, Amorepacific, Nonghyup RedGinseng, Hongsamdan, Paldo, Fushi Wellbeing Limited and Jamieson Wellness, etc. In 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Red Ginseng manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Red Ginseng Market, by Type, 2018-2023, 2023-2032 ($ Millions) & (Tons)
Global Red Ginseng Market Segment Percentages, by Type, 2022 (%)
Capsules
Oral Liquid
Others
Global Red Ginseng Market, by Sales Channel, 2018-2023, 2023-2032 ($ Millions) & (Tons)
Global Red Ginseng Market Segment Percentages, by Sales Channel, 2022 (%)
Online Sales
Offline Sales
Global Red Ginseng Market, By Region and Country, 2018-2023, 2023-2032 ($ Millions) & (Tons)
Global Red Ginseng Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Red Ginseng revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Red Ginseng revenues share in global market, 2022 (%)
Key companies Red Ginseng sales in global market, 2018-2023 (Estimated), (Tons)
Key companies Red Ginseng sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Korea Tobacco & Ginseng Corporation(Korea Ginseng)
KGE Co.Ltd.
Daedong Korea Ginseng
Amorepacific
Nonghyup RedGinseng
Hongsamdan
Paldo
Fushi Wellbeing Limited
Jamieson Wellness
Eu Yan Sang
GINCO International(Imperial Elixir)
Ran Foods
