Home Market Analysis [WATCH] Trending substances to look at: Ginseng

[WATCH] Trending substances to look at: Ginseng

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[WATCH] Trending substances to look at: Ginseng

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Mintel consultants observe the trending substances and new product launches, highlight the traits affecting the market and its future development. On this episode, we’re wanting on the vitality supportingredient – Ginseng. This can be a treasured medicinal herb that’s broadly identified for its immune-boosting, antioxidant, energy-enhancing and anxiety-relieving results.

In line with analysis within the Mintel Stories China, Purposeful Drinks, 2022, over 70% of respondents stated they’d and would proceed to drink useful drinks with energy-supplement-related claims, greater than different claims.

Amongst New Launches in Mintel GNPD, up to now three years (January 2020 – December 2022), the variety of new food and drinks merchandise containing ginseng in China has grown by 193.3%. Whereas US has historically been the market with essentially the most product improvements, its share of recent merchandise has began to say no; new merchandise from Thailand, China and Norway main the expansion of innovation in associated classes.

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