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Global Panax Quinquefolius Market Research Report 2024
Synopsis
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.
The global Panax Quinquefolius market was valued at US$ 1183 million in 2023 and is anticipated to reach US$ 3382.6 million by 2030, witnessing a CAGR of 16.0% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Panax Quinquefolius, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Panax Quinquefolius.
Report Scope
The Panax Quinquefolius market size, estimations, and forecasts are provided in terms of sales volume (Ton) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Panax Quinquefolius market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Panax Quinquefolius manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Hsu’s
WOHO
Great Mountian Ginseng
Tongrentang
Shanghai Leiyunshang Pharmaceutical
Shanghai Leiyunshang Pharmaceutical
Globrand
Kangmei Xinkaihe
Segment by Type
US-based Ginseng
Canada-based Ginseng
China-based Ginseng
Segment by Application
Small Cut
Capsule
Powder
Others
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Panax Quinquefolius manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Panax Quinquefolius in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
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.
The global Panax Quinquefolius market was valued at US$ 1183 million in 2023 and is anticipated to reach US$ 3382.6 million by 2030, witnessing a CAGR of 16.0% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Panax Quinquefolius, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Panax Quinquefolius.
Report Scope
The Panax Quinquefolius market size, estimations, and forecasts are provided in terms of sales volume (Ton) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Panax Quinquefolius market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Panax Quinquefolius manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Hsu’s
WOHO
Great Mountian Ginseng
Tongrentang
Shanghai Leiyunshang Pharmaceutical
Shanghai Leiyunshang Pharmaceutical
Globrand
Kangmei Xinkaihe
Segment by Type
US-based Ginseng
Canada-based Ginseng
China-based Ginseng
Segment by Application
Small Cut
Capsule
Powder
Others
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Panax Quinquefolius manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Panax Quinquefolius in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Index1 Panax Quinquefolius Market Overview
1.1 Product Overview and Scope of Panax Quinquefolius
1.2 Panax Quinquefolius Segment by Type
1.2.1 Global Panax Quinquefolius Market Value Comparison by Type (2024-2030)
1.2.2 US-based Ginseng
1.2.3 Canada-based Ginseng
1.2.4 China-based Ginseng
1.3 Panax Quinquefolius Segment by Application
1.3.1 Global Panax Quinquefolius Market Value by Application: (2024-2030)
1.3.2 Small Cut
1.3.3 Capsule
1.3.4 Powder
1.3.5 Others
1.4 Global Panax Quinquefolius Market Size Estimates and Forecasts
1.4.1 Global Panax Quinquefolius Revenue 2019-2030
1.4.2 Global Panax Quinquefolius Sales 2019-2030
1.4.3 Global Panax Quinquefolius Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Panax Quinquefolius Market Competition by Manufacturers
2.1 Global Panax Quinquefolius Sales Market Share by Manufacturers (2019-2024)
2.2 Global Panax Quinquefolius Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Panax Quinquefolius Average Price by Manufacturers (2019-2024)
2.4 Global Panax Quinquefolius Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Panax Quinquefolius, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Panax Quinquefolius, Product Type & Application
2.7 Panax Quinquefolius Market Competitive Situation and Trends
2.7.1 Panax Quinquefolius Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Panax Quinquefolius Players Market Share by Revenue
2.7.3 Global Panax Quinquefolius Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Panax Quinquefolius Retrospective Market Scenario by Region
3.1 Global Panax Quinquefolius Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Panax Quinquefolius Global Panax Quinquefolius Sales by Region: 2019-2030
3.2.1 Global Panax Quinquefolius Sales by Region: 2019-2024
3.2.2 Global Panax Quinquefolius Sales by Region: 2025-2030
3.3 Global Panax Quinquefolius Global Panax Quinquefolius Revenue by Region: 2019-2030
3.3.1 Global Panax Quinquefolius Revenue by Region: 2019-2024
3.3.2 Global Panax Quinquefolius Revenue by Region: 2025-2030
3.4 North America Panax Quinquefolius Market Facts & Figures by Country
3.4.1 North America Panax Quinquefolius Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Panax Quinquefolius Sales by Country (2019-2030)
3.4.3 North America Panax Quinquefolius Revenue by Country (2019-2030)
3.4.4 United States
3.4.5 Canada
3.5 Europe Panax Quinquefolius Market Facts & Figures by Country
3.5.1 Europe Panax Quinquefolius Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Panax Quinquefolius Sales by Country (2019-2030)
3.5.3 Europe Panax Quinquefolius Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Panax Quinquefolius Market Facts & Figures by Country
3.6.1 Asia Pacific Panax Quinquefolius Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Panax Quinquefolius Sales by Country (2019-2030)
3.6.3 Asia Pacific Panax Quinquefolius Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Panax Quinquefolius Market Facts & Figures by Country
3.7.1 Latin America Panax Quinquefolius Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Panax Quinquefolius Sales by Country (2019-2030)
3.7.3 Latin America Panax Quinquefolius Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Panax Quinquefolius Market Facts & Figures by Country
3.8.1 Middle East and Africa Panax Quinquefolius Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Panax Quinquefolius Sales by Country (2019-2030)
3.8.3 Middle East and Africa Panax Quinquefolius Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 UAE
4 Segment by Type
4.1 Global Panax Quinquefolius Sales by Type (2019-2030)
4.1.1 Global Panax Quinquefolius Sales by Type (2019-2024)
4.1.2 Global Panax Quinquefolius Sales by Type (2025-2030)
4.1.3 Global Panax Quinquefolius Sales Market Share by Type (2019-2030)
4.2 Global Panax Quinquefolius Revenue by Type (2019-2030)
4.2.1 Global Panax Quinquefolius Revenue by Type (2019-2024)
4.2.2 Global Panax Quinquefolius Revenue by Type (2025-2030)
4.2.3 Global Panax Quinquefolius Revenue Market Share by Type (2019-2030)
4.3 Global Panax Quinquefolius Price by Type (2019-2030)
5 Segment by Application
5.1 Global Panax Quinquefolius Sales by Application (2019-2030)
5.1.1 Global Panax Quinquefolius Sales by Application (2019-2024)
5.1.2 Global Panax Quinquefolius Sales by Application (2025-2030)
5.1.3 Global Panax Quinquefolius Sales Market Share by Application (2019-2030)
5.2 Global Panax Quinquefolius Revenue by Application (2019-2030)
5.2.1 Global Panax Quinquefolius Revenue by Application (2019-2024)
5.2.2 Global Panax Quinquefolius Revenue by Application (2025-2030)
5.2.3 Global Panax Quinquefolius Revenue Market Share by Application (2019-2030)
5.3 Global Panax Quinquefolius Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Hsu’s
6.1.1 Hsu’s Corporation Information
6.1.2 Hsu’s Description and Business Overview
6.1.3 Hsu’s Panax Quinquefolius Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Hsu’s Panax Quinquefolius Product Portfolio
6.1.5 Hsu’s Recent Developments/Updates
6.2 WOHO
6.2.1 WOHO Corporation Information
6.2.2 WOHO Description and Business Overview
6.2.3 WOHO Panax Quinquefolius Sales, Revenue and Gross Margin (2019-2024)
6.2.4 WOHO Panax Quinquefolius Product Portfolio
6.2.5 WOHO Recent Developments/Updates
6.3 Great Mountian Ginseng
6.3.1 Great Mountian Ginseng Corporation Information
6.3.2 Great Mountian Ginseng Description and Business Overview
6.3.3 Great Mountian Ginseng Panax Quinquefolius Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Great Mountian Ginseng Panax Quinquefolius Product Portfolio
6.3.5 Great Mountian Ginseng Recent Developments/Updates
6.4 Tongrentang
6.4.1 Tongrentang Corporation Information
6.4.2 Tongrentang Description and Business Overview
6.4.3 Tongrentang Panax Quinquefolius Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Tongrentang Panax Quinquefolius Product Portfolio
6.4.5 Tongrentang Recent Developments/Updates
6.5 Shanghai Leiyunshang Pharmaceutical
6.5.1 Shanghai Leiyunshang Pharmaceutical Corporation Information
6.5.2 Shanghai Leiyunshang Pharmaceutical Description and Business Overview
6.5.3 Shanghai Leiyunshang Pharmaceutical Panax Quinquefolius Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Shanghai Leiyunshang Pharmaceutical Panax Quinquefolius Product Portfolio
6.5.5 Shanghai Leiyunshang Pharmaceutical Recent Developments/Updates
6.6 Shanghai Leiyunshang Pharmaceutical
6.6.1 Shanghai Leiyunshang Pharmaceutical Corporation Information
6.6.2 Shanghai Leiyunshang Pharmaceutical Description and Business Overview
6.6.3 Shanghai Leiyunshang Pharmaceutical Panax Quinquefolius Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Shanghai Leiyunshang Pharmaceutical Panax Quinquefolius Product Portfolio
6.6.5 Shanghai Leiyunshang Pharmaceutical Recent Developments/Updates
6.7 Globrand
6.6.1 Globrand Corporation Information
6.6.2 Globrand Description and Business Overview
6.6.3 Globrand Panax Quinquefolius Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Globrand Panax Quinquefolius Product Portfolio
6.7.5 Globrand Recent Developments/Updates
6.8 Kangmei Xinkaihe
6.8.1 Kangmei Xinkaihe Corporation Information
6.8.2 Kangmei Xinkaihe Description and Business Overview
6.8.3 Kangmei Xinkaihe Panax Quinquefolius Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Kangmei Xinkaihe Panax Quinquefolius Product Portfolio
6.8.5 Kangmei Xinkaihe Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Panax Quinquefolius Industry Chain Analysis
7.2 Panax Quinquefolius Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Panax Quinquefolius Production Mode & Process
7.4 Panax Quinquefolius Sales and Marketing
7.4.1 Panax Quinquefolius Sales Channels
7.4.2 Panax Quinquefolius Distributors
7.5 Panax Quinquefolius Customers
8 Panax Quinquefolius Market Dynamics
8.1 Panax Quinquefolius Industry Trends
8.2 Panax Quinquefolius Market Drivers
8.3 Panax Quinquefolius Market Challenges
8.4 Panax Quinquefolius Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Published By : QY Research
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