American Ginseng (Panax quinquefolius, Panacis quinquefolis) is a herbaceous perennial plant in the ivy family, commonly used as Chinese or traditional medicine.
This report contains market size and forecasts of Panacis Quinquefolis in global, including the following market information:
Global Panacis Quinquefolis Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Panacis Quinquefolis Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Panacis Quinquefolis companies in 2021 (%)
The global Panacis Quinquefolis market was valued at 1217.2 million in 2021 and is projected to reach US$ 3239 million by 2028, at a CAGR of 15.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Canadian Ginseng Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Panacis Quinquefolis include Kangmei, Letaotao, HSUS Ginseng, Longbao Shenrong, Yisheng Pharm and Tak Shing Hong, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Panacis Quinquefolis manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Panacis Quinquefolis Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Panacis Quinquefolis Market Segment Percentages, by Type, 2021 (%)
Canadian Ginseng
American Ginseng
Domestic Ginseng
Global Panacis Quinquefolis Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Panacis Quinquefolis Market Segment Percentages, by Application, 2021 (%)
Fragment/Round
Capsule
Powder
Others
Global Panacis Quinquefolis Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Panacis Quinquefolis Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Panacis Quinquefolis revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Panacis Quinquefolis revenues share in global market, 2021 (%)
Key companies Panacis Quinquefolis sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Panacis Quinquefolis sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Kangmei
Letaotao
HSUS Ginseng
Longbao Shenrong
Yisheng Pharm
Tak Shing Hong