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 aims to provide a comprehensive presentation of the global market for Red Ginseng, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Red Ginseng. This report contains market size and forecasts of Red Ginseng in global, including the following market information:
- Global Red Ginseng Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Red Ginseng Market Sales, 2018-2023, 2024-2029, (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 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Capsules Segment to Reach $ Million by 2029, 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, 2024-2029 ($ Millions) & (Tons)
Global Red Ginseng Market Segment Percentages, by Type, 2022 (%)
- Capsules
- Oral Liquid
- Others
Global Red Ginseng Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Red Ginseng Market Segment Percentages, by Application, 2022 (%)
- Online Sales
- Offline Sales
Global Red Ginseng Market, By Region and Country, 2018-2023, 2024-2029 ($ 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 (%)
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
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Red Ginseng, market overview.
- Chapter 2: Global Red Ginseng market size in revenue and volume.
- Chapter 3: Detailed analysis of Red Ginseng manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Red Ginseng in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Red Ginseng capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
