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Ginseng Extracts Market is expected to grow at a moderate growth rate and reach a significant market value by the end of the forecast period. The Global Ginseng Extracts Market is expected to reach US$ 36.26 Bn. by 2029, at a CAGR of 5.80% during the forecast period.
Ginseng Extracts Market Overview:
Ginseng extract comes from the ginseng plant, which is an adaptogenic herb. This extract is known as an adaptogen, which means it can withstand chemical, biological, and physical stress while also increasing overall vitality. Because of the chemical component known as ginsenosides, the ginseng root is regarded as the most valuable. This chemical component's numerous positive properties have boosted its use in applications such as personal care and cosmetics, food, dietary supplements, and medications. Depending on the processing method, ginseng extract is categorized as white ginseng, fresh ginseng, or red ginseng.
