Ginseng Market Research Report - Global Forecast to 2024 - Cumulative Impact for COVID-19 Recovery

The Ginseng will register an incremental spend of about USD 626.74 million, growing at a CAGR of 4.16% from 2020-2024. A targeted strategic approach to Ginseng market sourcing can unlock several opportunities for buyers. This report offers market impact and new opportunities created due to the COVID-19 pandemic. Get free report sample within minutes

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210119005490/en/

SpendEdge has announced the release of its Global Ginseng Market Procurement Intelligence Report (Graphic: Business Wire)

Get detailed insights on the COVID-19 pandemic crisis and recovery analysis of Ginseng market

Ginseng Market Analysis

Analysis of the cost and volume drivers and supply market forecasts in various regions are offered in this Ginseng research report. This market intelligence report also analyzes the top supply markets and the critical cost drivers that can aid buyers and suppliers devise a cost-effective category management strategy.

The report provides insights on the following information:

• Regional spend dynamism and factors impacting costs
• The total cost of ownership and cost-saving opportunities
• Supply chain margins and pricing models
• Competitiveness index for suppliers
• Market favorability index for suppliers
• Supplier and buyer KPIs

For more information on the exact spend growth rate and yearly category spend, download a free sample.

Spend Growth and Demand Segmentation

• The Ginseng market will register an incremental spend of USD 626.74 million, growing at a CAGR of 4.16% from 2020-2024
• On the supply side, North America, South America, Europe, Middle East and Africa, and APAC will have the maximum influence owing to the supplier base.

To get instant access to over 1000 market-ready procurement intelligence reports without any additional costs or commitment, Subscribe Now for Free.

Some of the top Ginseng suppliers enlisted in this report

This Ginseng procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.

• ILHWA USA INC.
• jilin Zixin Pharmaceutical Industrial Co. Ltd.
• KT&G Corp.
• RFI Ingredients
• Amway Corp.
• Bounce Brands Ltd.
• ELEMIS Ltd
• Ethical Naturals Inc.
• Sun Pharmaceutical Industries Ltd.
• Great Mountain Ginseng Co. Ltd.

This procurement report answers help buyers identify and shortlist the most suitable suppliers for their Ginseng requirements following questions:

• Am I engaging with the right suppliers?
• Which KPIs should I use to evaluate my incumbent suppliers?
• Which supplier selection criteria are relevant for?
• What are the workplace computing devices category essentials in terms of SLAs and RFx?

Get access to regular sourcing and procurement insights to our digital procurement platform- Activate Free subscription.

Table of Content

• Executive Summary
• Market Insights
• Category Pricing Insights
• Cost-saving Opportunities
• Best Practices
• Category Ecosystem
• Category Management Strategy
• Category Management Enablers
• Suppliers Selection
• Suppliers under Coverage
• US Market Insights
• Category scope

Appendix

About SpendEdge:

SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions.

To know more Request for demo

View source version on businesswire.com: https://www.businesswire.com/news/home/20210119005490/en/