LONDON--(BUSINESS WIRE)--Sep 7, 2018--SpendEdge, a global procurement market intelligence firm, has announced the release of their .

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180907005125/en/

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. 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 suppliers To know more,

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?

Category management strategy

Supplier and buyer KPIs Outsourcing category management activities Category management objectives Want more information?

Suppliers selection

Supplier selection criteria Service Level Agreement Incumbent supplier evaluation metrics To view this report’s table of contents,

Do you purchase multiple reports in a year? Our subscription platform, , provides ready-to-use procurement research reports for multiple categories, latest supplier news, innovation landscape, markets insights, supplier tracking, and much more at the click of a button.

About 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 that helps sourcing and procurement professionals make informed decisions.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180907005125/en/

CONTACT: SpendEdge

Anirban Choudhury

Marketing Consultant

US: +1 630 984 7340

UK: +44 148 459 9299

https://www.spendedge.com/contact-us

KEYWORD:

INDUSTRY KEYWORD: HEALTH CARDIOLOGY FITNESS & NUTRITION MENTAL HEALTH PHARMACEUTICAL NATURAL RESOURCES AGRICULTURE RETAIL FOOD/BEVERAGE

SOURCE: SpendEdge

Copyright Business Wire 2018.

PUB: 09/07/2018 08:03 AM/DISC: 09/07/2018 08:03 AM

http://www.businesswire.com/news/home/20180907005125/en