Regional Analysis of Ginseng Market, Forecast 2022-2028 |...

Regional Analysis of Ginseng Market, Forecast 2022-2028

Posted 2023-04-11 13:00:15

Ginseng helps restore and enhance health. Panax ginseng, popularly known as Korean ginseng, is known to contain a number of saponins. The high concentration of saponins, ginsenosides, phenolic components, including carbohydrates and carotenoids, found in ginseng roots is widely known. There is evidence that ginseng polysaccharides have immunomodulatory, anticancer, antiradiation, antioxidant, and hypoglycemic effects. In db/db and ob/ob mice, saponins, isolated ginsenosides found in ginseng, have hypoglycemic and anti-obesity effects.

The Asia Pacific Excluding Japan (APEJ), Japan, Middle East and Africa (MEA), Latin America, North America, Western Europe, and Eastern Europe make up the seven major regions that make up the worldwide Ginseng Market. Among these, demand for ginseng is anticipated to rise across North America and Asia Pacific, except China. The rising usage of ginseng in a variety of items, including medicines, cosmetics, and beverages, is one of the main factors supporting this estimate. China rules the ginseng market in terms of income generation. Leaving that aside, South Korea is expected to have phenomenal growth opportunities for the ginseng sector.