On December 1, 2023, Jung Kwan Jang honors its 124th anniversary with the unveiling of the Red Ginseng Heritage Edition, a tribute to the company's respect for Korean cultural heritage.
Conceived as a "small museum for your own," Red Ginseng Extract Heritage Edition is a limited edition that packages Jung Kwan Jang's signature product, Red Ginseng Extract in six exquisite designs inspired by national treasure-equivalent cultural heritages.
Rooted in shared history and trajectory with Jung Kwan Jang, the beginning Red Ginseng Extract goes back to 1899, the 36th year of King Gojong's reign. The Korean Empire's red ginseng monopoly generated significant revenue for the imperial family, constituting over the half of the family's yearly budget. Adopting a national approach to red ginseng management, the Korean Empire paid attention to the development of processing methods for easier consumption of red ginseng, beyond traditional root forms. As a result, the first processed red ginseng concentrate product like the current Red Ginseng Extract Jung was born in Gaesung, Gyeonggi-do in 1912.
Korea Ginseng Corporation (KGC), Korea's leading health supplement company, is faithfully carrying forth the tradition. KGC is paving a unique way that no one can follow, popularizing and globalizing red ginseng through systematic cultivation management system, rigorous quality assurance, R&D and global market opening.
In particular, it has been contributing to solidifying the country's position as the ginseng pioneer as four functionalities of red ginseng, which are blood circulation improvement, memory improvement, antioxidant activity, and climacteric women health improvement, are recognized as Jung Kwan Jang's technologies, among other benefits accepted by the Korea Ministry of Food and Drug Safety.
KGC R&D Center has published about 290 papers in academic journals in and out of the country, and owns about 200 technical patents and 15 protection rights for its exclusively cultivated species. In 2016, KGC's analysis of ginsenoside received the world's first accreditation from the Korea Laboratory Accreditation Scheme (KOLAS).
Jung Kwan Jang, which has been exporting about 250 products to about 40 countries, has topped the global ginseng retail market in sales for 10 consecutive years, according to global market research institution Euromonitor International. Euromonitor's 2022 report shows the global ginseng retail market was USD2.47 billion last year, with Jung Kwan Jang solidifying its position as the no. 1 ginseng brand with a commanding 41.9% share.
Photo - https://mma.prnewswire.com/media/2304125/Jung_Kwan_Jang_Red_Ginseng_Extract_Heritage_Edition.jpg
Caption - Jung Kwan Jang Red Ginseng Extract Heritage Edition
Bangchak Reaffirms Strong Financial Position with A+ TRIS Credit Rating for Second Consecutive Year
TRIS Rating Affirms "A+" Credit Rating for Bangchak Sriracha for Second Consecutive Year, Reinforcing Its Leadership in Thailand's Energy Sector
Power Buy under Central Retail Opens Its First Store in Krabi at Central Krabi Launching "Total Technology Hub" to Capture Southern Market Growth
PTTEP wins top honor for HR tech advancement at HR Excellence Awards Thailand 2025
Bangchak Announces Tender Offer for BSRC Securities at 6.50 BSRC Shares per 1 Newly Issued BCP Share, with the Tender Offer Period from 24 October to 27 November 2025
Mazda Announces Exhibition at JAPAN MOBILITY SHOW 2025 Exhibition Theme: "The joy of driving fuels a sustainable tomorrow"
KKP Asset Management Joins the UN-Supported Principles for Responsible Investment (PRI)
CP AXTRA Receives "The Best Sustaining Partner Award 2025" at the SOS Thailand Awards 2025
PTT is the First Company in Southeast Asia to Participate in J.P. Morgan's Investment Program Supporting Advanced Technologies for Cleaning up Plastic Waste in the River.