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 …
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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 …