The Indian Ginseng Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The size of the Indian ginseng market has recently experienced robust growth. The market is anticipated to expand from $0.86 billion in 2024 to $0.94 billion in 2025, representing a compound annual growth rate (CAGR) of 8.5%.
By 2029, the Indian Ginseng global market is expected to reach $1.29 billion, with a compound annual growth rate (CAGR) of 8.2%.
Download Your Free Sample of the 2025 Indian Ginseng Market Report and Uncover Key Trends Now!The key drivers in the indian ginseng market are:
• Increasing consumer awareness and demand for herbal and ayurvedic products
• Rising demand for natural health supplements
• Expansion of pharmaceutical and nutraceutical applications of Indian Ginseng
• Increasing exports and e-commerce sales of Indian Ginseng products
The indian ginseng market covered in this report is segmented –
1) By Type: KSM-66, Sensoril, Hydro-Alcoholic Indian Ginseng, Crude Indian Ginseng
2) By Form: Powder, Capsule, Liquid
3) By Function: Improved Stamina, Improved Immunity, Overall Wellbeing, Reduced Anxiety And Stress, Brain Health, Muscle Strength, Other Functions
Subsegments:
1) By KSM-66: Organic KSM-66, Conventional KSM-66, Encapsulated KSM-66, Powdered KSM-66
2) By Sensoril: Standardized Sensoril Extract, Full-Spectrum Sensoril, High-Potency Sensoril, Water-Soluble Sensoril
3) By Hydro-Alcoholic Indian Ginseng: Ethanol-Based Extract, Methanol-Based Extract, Combination Solvent Extract, Liquid Hydro-Alcoholic Extract
4) By Crude Indian Ginseng: Whole Root Indian Ginseng, Dried Root Powder, Raw Indian Ginseng Slices, Crushed Indian Ginseng
The key trends in the indian ginseng market are:
• The market is trending towards the integration of Indian ginseng into sports nutrition.
• Strategic collaborations and partnerships within the industry are emerging trends.
• Innovations in biotechnological cultivation of Indian ginseng are getting more popular.
• The adoption of Indian ginseng in weight management products and traditional Chinese medicine is increasingly trending.
Major players in the indian ginseng market are:
• Herbalife Nutrition
• Kabir Lifesciences
• Patanjali Ayurved
• Botanic Healthcare
• Apex International
• Organic India Pvt. Ltd.
• Arjuna Natural Pvt. Ltd
• Korea Ginseng Corp.
• Sabinsa Corporation
• Kairali Ayurvedic Group
• Himalaya Global Holdings
• Baidyanath Group
• Medikonda Nutrients
• Amway India
• Ixoreal Biomed
• Uniray Lifesciences
• Sandu Pharmaceuticals Ltd
• PhytoLife Sciences
• Zoic Pharmaceuticals
• Charak Pharma Pvt. Ltd
• Kshipra Biotech Private Limited
• Greenwell Lifesciences
• Shree Sai Biotech
Asia-Pacific was the largest region in the Indian ginseng market in 2024