Market Overview

Ginseng Market: Ginseng Benefits, Ginseng Plant, Supplier Market Intelligence Insights, Cost Saving Opportunities, and Spend Growth Data Now Available from SpendEdge


SpendEdge, a global procurement market intelligence firm, has announced
the release of their Global
Ginseng Category - Procurement Market Intelligence Report

This press release features multimedia. View the full release here:

Global Ginseng Category - Procurement Market Intelligence Report (Graphic: Business Wire)

Global Ginseng Category - Procurement Market Intelligence Report (Graphic: Business Wire)

Rising awareness about ginseng benefits is spurring the demand
for this product across the pharmaceutical and food and beverage
industries. Ginseng is renown for its medicinal properties and is
rapidly gaining popularity among consumers due to its ability to improve
cardiovascular functions and treat Alzheimer's disease. In addition, the
emergence of e-commerce has made it easier to access offshore suppliers
- making the market space extremely profitable for investors.

"Collaborating with suppliers who adopt sustainable farming practices is
quintessential for buyers looking to establish a stable supply of
ginseng," says SpendEdge procurement expert Angad Singh. "This
will reduce direct production costs for the suppliers and lower the
purchase prices for the buyers," added Angad.

To establish themselves in the competitive market, buyers and suppliers
need in-depth knowledge of the major cost and volume factors that
influence the growth of the market. Request
a FREE sample report
to know more about the scope of this
comprehensive report and see for yourself why our reports are the
preferred choice among key industry stakeholders.

The procurement experts at SpendEdge expect the following factors to
play a key role in influencing the global category spend for the
ginseng market.

  • Ginseng's medicinal efficacy in treating Alzheimer's disease and
    improving cardiovascular properties
  • Emergence of e-commerce has made it easier to access offshore
  • To know more, Purchase
    the full report

SpendEdge is now offering limited-time discounts on report
purchases. Buy two reports and
get the third one for free.


SpendEdge's procurement
market intelligence
reports for the agro
commodities and raw materials
category identify the key category
management objectives and provide insights into category pricing
strategies. It helps the buyers in analyzing the supplier relationship
management metrics during the category procurement process.
Additionally, SpendEdge's reports provide insights on the sustainability
and procurement best practices for the category.

Report scope snapshot: Ginseng market

Category pricing insights

  • Total cost of ownership analysis
  • Overview of pricing models
  • Comparison of pricing models
  • Interested to know more about the scope of our reports? Download
    a FREE sample

Category management strategy

  • Supplier and buyer KPIs
  • Outsourcing category management activities
  • Category management objectives
  • Want more information? Purchase
    the full report

Suppliers selection

  • Supplier selection criteria
  • Service Level Agreement
  • Incumbent supplier evaluation metrics
  • To view this report's table of contents, Download
    a FREE sample

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About SpendEdge:

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are the preferred procurement market intelligence partner for 120+
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professionals make informed decisions.

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