The global ginseng market (Marché du ginseng) share value is projected to total USD 786.3 million in 2024 and USD 1,262.3 million by 2034. Demand for ginseng will likely increase at a steady CAGR of 4.3% throughout the forecast period. Ginseng demand remains high in the pharmaceutical sector due to its potential health benefits. As per the latest analysis, the pharmaceutical products segment is …
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Ginseng Industry Expected to Achieve USD 1,262.3 Million by 2034: Future Growth Analysis
The global ginseng market share value is projected to total USD 786.3 million in 2024 and USD 1,262.3 million by 2034. Demand for ginseng will likely increase at a steady CAGR of 4.3% throughout the forecast period. Ginseng demand remains high in the pharmaceutical sector due to its potential health benefits. As per the latest analysis, the pharmaceutical products segment is estimated to hold a market …
Ginseng Market Insights: Anticipating Growth to US$ 786.5 Million by 2024
It is projected that the size of the worldwide ginseng market would be US$ 786.5 million by 2024. Over the assessment period, it is anticipated to grow at a rate of 4.3% CAGR, with a market valuation of US$ 1,262.3 million by 2034. Because of its many health advantages, ginseng is becoming a very popular …
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Growing Interest in Wellness Fuels Ginseng Market: Invest in Natural Supplements (4.3% CAGR) natural health and wellness products
The ginseng market is anticipated to increase and reach a value of US$ 749.80 million in 2023, according to Future Market Insights (FMI) the market value of ginseng could increase by 4.3% between 2023 and 2033, reaching US$ 1.1 billion by that year. Ginseng may make up 1% to 2% of the market for dietary supplements …