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From The Journal of Chinese Medicine
Mail: The Journal of Chinese Medicine, 22 Cromwell Road, Hove, East Sussex BN3 3EB, UK.
Fax: UK 01273-748588, Outside UK + 44 1273 748588
E-mail:jcm@pavilion.co.uk
NEWS 55
GINSENG 1
Ginseng is the most popular herb consumed in the USA, with total sales of close to $78 million in 1997, an increase of 14% over the previous year. In addition, China consumes over 4 million pounds of American Ginseng (Xi Yang Shen) annually and prefers it to all other ginseng. The Chinese ginseng market has an estimated annual growth rate of 10%. Recently China's largest newspaper, The Peoples Daily, reported an annual shortfall of 1000 to 2000 tonnes of ginseng in China. Now one US company (Rocky Mountain Ginseng, Inc.) has purchased outright the Fuzhou Fujiang Drugs Co. Ltd. to distribute US ginseng in China. The company estimates that it will sell 70 tonnes of ginseng there in 1999.
Gator |
