Ginseng Extracts Market Size & Forecast Report - 2025 to 2030

The global ginseng extracts market size is anticipated to grow at a significant CAGR of over 6% during the forecast period from 2025 to 2030. The increasing demand for Chinese herbals and the growing adoption of Asian flavor is a major factor to drive the market growth. Furthermore, the presence of highly bioactive compounds such as vanillic acid, salicylic acid, and p-coumaric is expected to increase the demand for the product. Moreover, the increasing use of ginseng extracts in dietary supplements and functional food is anticipated to boost the market growth over the forecast period.

Market Outlook:

Emerging Trends Shaping the Ginseng Extracts Market Growth:

The ginseng extracts market is experiencing strong growth driven by increasing global demand for natural health supplements, herbal medicines, and functional foods. Consumers are becoming more health-conscious and are seeking products that enhance immunity, improve energy levels, reduce stress, and support cognitive functions. A significant trend is the rising popularity of standardized ginseng extracts, which offer consistent potency and bioactive compound content, particularly ginsenosides. Additionally, the incorporation of ginseng extracts in nutraceuticals, beverages, dietary supplements, and functional foods is expanding, enabling manufacturers to cater to a wider consumer base that values natural and preventive healthcare solutions.

Another key trend shaping the market is the focus on product innovation and convenience, with ready-to-drink ginseng beverages, capsules, powders, and gummies gaining traction. The demand for organic, sustainably sourced, and clean-label ginseng extracts is also increasing, as consumers prioritize environmentally friendly and high-quality ingredients. Furthermore, technological advancements in extraction methods, such as solvent-free and enzyme-assisted extraction, are enhancing the efficacy, flavor, and shelf life of ginseng products. Regionally, Asia Pacific dominates the market due to the long-standing cultural and medicinal use of ginseng in countries like China, South Korea, and Japan, while North America and Europe are seeing rising adoption driven by growing interest in herbal and natural wellness products.

Key Drivers of Ginseng Extracts Market:

• Health and Wellness Trends: The growing focus on health and wellness is a significant driving factor for the Ginseng Extracts market. Ginseng is known for its potential health benefits, including boosting energy, improving cognitive function, reducing stress, and enhancing overall well-being. As consumers increasingly seek natural remedies and supplements to support their health, the demand for Ginseng Extracts has risen.
• Traditional and Alternative Medicine: Ginseng has been used for centuries in traditional medicine, particularly in Asian cultures. Its reputation as a natural remedy and its historical usage have contributed to the demand for Ginseng Extracts. Moreover, as alternative medicine gains traction and more people explore non-pharmaceutical options, Ginseng Extracts have gained popularity as a natural health supplement.
• Increasing Aging Population: The global aging population is driving the demand for products that support healthy aging and improve vitality. Ginseng Extracts are believed to have anti-aging properties and may help enhance cognitive function and boost energy levels. As the elderly population grows, the demand for Ginseng Extracts as a supplement for age-related health concerns is expected to increase.
• Growing Awareness of Herbal Supplements: There is a growing awareness and acceptance of herbal supplements as a part of a holistic approach to health. Consumers are seeking natural and plant-based alternatives to conventional pharmaceutical products. Ginseng Extracts, derived from a natural plant source, fit into this trend, driving their demand as a herbal supplement.
• Expansion of the Nutraceutical Industry: The nutraceutical industry, which includes functional foods and dietary supplements, is experiencing significant growth. Ginseng Extracts are increasingly being incorporated into functional beverages, dietary supplements, and health foods due to their perceived health benefits. The expansion of the nutraceutical industry and the demand for innovative products have positively impacted the Ginseng Extracts market.
• Research and Scientific Studies: Ongoing research and scientific studies exploring the potential health benefits of Ginseng Extracts have contributed to their market growth. Positive findings and the validation of traditional claims through scientific evidence have increased consumer confidence and interest in Ginseng Extracts.
• Global Trade and Export Opportunities: Ginseng is predominantly cultivated in regions such as China, South Korea, and the United States. The global trade and export of Ginseng Extracts have expanded, allowing consumers worldwide to access Ginseng-based products. This international trade and distribution network has played a role in increasing the availability and market demand for Ginseng Extracts.

Future Opportunities Reshaping the Ginseng Extracts Market’s Evolution:

The ginseng extracts market presents significant opportunities due to the growing global demand for natural and herbal supplements that support overall health and wellness. Increasing consumer awareness about immunity-boosting, anti-aging, stress-relieving, and cognitive-enhancing benefits of ginseng is driving the adoption of ginseng-based nutraceuticals, functional foods, and beverages. Manufacturers can capitalize on this trend by developing innovative delivery formats, such as capsules, powders, gummies, and ready-to-drink beverages, which provide convenience and targeted health benefits. There is also potential for expansion in the cosmetics and personal care segment, where ginseng extracts are increasingly being used for skin revitalization, anti-aging, and hair care products.

Emerging markets in Asia Pacific, Latin America, and the Middle East provide lucrative growth prospects due to rising disposable incomes, increasing health awareness, and growing adoption of herbal remedies. Opportunities also exist in standardized and organic ginseng extracts, which cater to consumers seeking high-quality, authentic, and sustainable products. Strategic collaborations with pharmaceutical companies, functional food manufacturers, and wellness brands can help expand market reach and create tailored ginseng formulations for specific health concerns. Additionally, advancements in extraction technologies that enhance bioavailability and efficacy offer manufacturers a competitive edge in developing premium and value-added products.

Market Segment Insights:

The global ginseng extracts market is bifurcated into form, application, and geography. On the basis of form, the market is further segmented into powder and liquid form. The powder segment dominated the global market in 2024 and estimated to hold the largest revenue share of over half of the market. The increasing shelf life and highly preservable capabilities of powder form are some factors driving the segment growth. Furthermore, the properties associated with the powder form such as anti-inflammatory, antioxidant, and anti-cancer is expected to drive the segment growth over the forecast period.

On the basis of application, the global market is bifurcated into cosmetics & personal care, pharmaceuticals, dietary supplements, and food & beverages. The pharmaceuticals segment dominated the global ginseng extracts market in 2024 and estimated to hold the largest market share of over half of the market. The product helps to treat coma, cardiovascular, and gastrointestinal disease. The increasing use of the product in medicine and nutritional products is contributed to the segment growth. On the other hand, the dietary supplements segment is estimated to grow at a highest CAGR over the forecast period.

The ginseng extracts comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2025 to 2030. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

Ginseng Extracts Market Segmentation:

By Form:

• Powder
• Liquid

By Application:

• Cosmetics & Personal Care
• Pharmaceuticals
• Dietary Supplements
• Food & Beverages

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Geographic Coverage: Asia Pacific Holds the Largest Share of Ginseng Extracts Market in 2024

Geographically, the Asia Pacific dominated the global ginseng extracts market in 2024 and estimated to hold the largest revenue share of around two-third percent of the market. The increasing use of the product in food products is a major factor to drive the market growth in the region. Furthermore, the rising consumer shift towards natural food products is further anticipated to boost the market growth in the Asia Pacific. In contrast, North America is accounted to grow at a significant growth rate over the forecast period due to health benefits associated with it.

Competition Assessment:

Some of the major market players operating in the global ginseng extracts market are Shanti Natural, Orkla Health, RFI ingredient, Herbal Bioactives, and KGEC. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

• Shanti Natural
• Orkla Health
• RFI ingredient
• Herbal Bioactives
• KGEC
• Nino Biotech
• Hangzhou Skyherb
• Liuyang Naturalin Bio
• Sinochem Pharmaceutical
• Clariant

Key Questions Answered by Ginseng Extracts Market Report

• Global ginseng extracts market forecasts from 2021-2027
• Regional ginseng extracts market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
• Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
• Ginseng extracts submarket forecasts from 2021-2027 covering the market by form, by application, and geography
• Various industry models such as SWOT analysis, Value Chain Analysis pertaining to ginseng extracts market
• Analysis of the key factors driving and restraining the growth of the global, regional, and country-level ginseng extracts markets from 2021-2027
• Competitive Landscape and market positioning of top 10 players operating in the ginseng extracts market