Ginseng Supplement Market is expected to reach US$ 662.37 million by 2031 | Major Companies - Korea Ginseng Corporation, NOW Foods, Nature's Bounty, Swanson.

Market Size and Growth:

The Global Ginseng Supplement Market size reached US$ 422.12 million in 2022 and is expected to reach US$ 662.37 million by 2031, growing with a CAGR of 5.8% during the forecast period 2024-2031.

The Ginseng Supplement Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Ginseng Supplement Market refers to the global industry focused on producing and selling dietary supplements derived from ginseng roots, including Asian, American, and Siberian varieties. These supplements are consumed for energy, immunity support, cognitive health, stress reduction, and overall wellness across capsules, powders, liquids, and functional formulations.

Recent Key Developments of United States:

✅ September 2025: Ginseng prices in the USA reached 46 USD/KG, driven by strong branded supplement demand, steady functional beverage orders, and e-commerce sales, amid tighter mature root availability and higher cultivation costs.​

✅ August 2025: Maase Inc. acquired Carve Group Ltd. to expand its healthcare and wellness portfolio, enhancing ginseng supplement offerings in the US market.​

✅ July 2025: BioVivo Science opened a $70 million manufacturing facility in Jeffersonville, Indiana, for water-soluble American ginseng extract targeted at the nutraceutical sector.​

Recent Key Developments of Europe:

✅ November 2025: The Europe ginseng powder market showed robust growth, fueled by consumer demand for herbal health products boosting immunity and energy, with emphasis on organic variants.

✅ September 2025: Ginseng prices in Germany hit 51 USD/KG, supported by pharmacy and specialty retail demand for standardized ginsenoside extracts, with added costs from EU border controls and compliance.

✅ July 2025: Korea Ginseng Corporation (KGC) acquired Panaxea GmbH, a German ginseng extract firm, to strengthen its European supplement market foothold.

List of the Key Players in the Ginseng Supplement Market:

Korea Ginseng Corporation
NOW Foods
Nature's Bounty
Swanson
Puritan's Pride, Inc.
MotherTree Nutra Pvt. Ltd.
Ramini Bionutrition Pvt Ltd
Velnex Medicare
NutriSport Pharmacal, Inc.
AdvaCare Pharma

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This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Segments Covered in the Ginseng Supplement Market:

By Ginseng Type: Asian ginseng, American ginseng, Others.

By Form: Capsules, Powders, Liquids, Others.

By Application: Reducing Inflammation, Improving Energy Levels, Boosting Immunity, Others.

By End User: Children, Teenagers, Middle-aged, Senior.

By Distribution Channel: Supermarket/Hypermarket, Pharmacies, E-Commerce, Others.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Ginseng Supplement market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Ginseng Supplement Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Ginseng Supplement market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Ginseng Supplement Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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People Also Ask:

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