Global Panax Quinquefolius Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2021-2027

Panax Quinquefolius (American Ginseng) is a herbaceous perennial plant in the ivy family, commonly used as an herb in traditional medicine, including traditional Chinese Medicine. It is native to eastern North America, though it is also cultivated in China. Since the 18th century, American ginseng (P. quinquefolius) has been primarily exported to Asia, where it is highly valued for its cooling and sedative medicinal effects. It is considered to represent the cooling yin qualities, while Asian ginseng embodies the warmer aspects of yang. The Panax Quinquefolius industry can be broken down into several segments, US-based Ginseng, Canada-based Ginseng, China-based Ginseng, etc.
Global Panax Quinquefolius key players include Hsu’s, WOHO, Great Mountian Ginseng, Tongrentang, Shanghai Leiyunshang Pharmaceutical, etc. Asia-Pacific is the largest market, with a share about 80%, followed by Europe and North America, both have a share over 18 percent. In terms of product, China-based Ginseng is the largest segment, with a share over 77%. And in terms of application, the largest application is Small Cut, followed by Capsule, etc.

Market Analysis and Insights: Global Panax Quinquefolius Market
In 2020, the global Panax Quinquefolius market size was US$ 1028 million and it is expected to reach US$ 2874.8 million by the end of 2027, with a CAGR of 16.0% during 2021-2027.
Global Panax Quinquefolius Scope and Market Size
Panax Quinquefolius market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Panax Quinquefolius market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.


Segment by Type, the Panax Quinquefolius market is segmented into
US-based Ginseng
Canada-based Ginseng
China-based Ginseng


Segment by Application, the Panax Quinquefolius market is segmented into
Small Cut
Capsule
Powder
Others

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape

and Panax Quinquefolius Market Share Analysis
Panax Quinquefolius market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Panax Quinquefolius product introduction, recent developments, Panax Quinquefolius sales by region, type, application and by sales channel.

The major companies include:
Hsu’s
WOHO
Great Mountian Ginseng
Tongrentang
Shanghai Leiyunshang Pharmaceutical
Shanghai Leiyunshang Pharmaceutical
Globrand
Kangmei Xinkaihe