SIC Code 0831-02 - Ginseng

Marketing Level - SIC 6-Digit

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SIC Code 0831-02 Description (6-Digit)

The Ginseng industry is a subdivision of the Forest Nurseries and Gathering of Forest Products industry, classified under SIC Code 0831. Ginseng is a perennial herb that is highly valued for its medicinal properties. The industry involves the cultivation, harvesting, and processing of ginseng roots, which are used in traditional medicine and dietary supplements. Ginseng is native to Asia and North America, and the industry is concentrated in these regions. The cultivation of ginseng involves a long and complex process, as the plant requires specific growing conditions and takes several years to mature. The industry is characterized by small-scale farms that specialize in ginseng production, as well as larger companies that process and distribute ginseng products. The demand for ginseng has been increasing in recent years, driven by the growing interest in natural remedies and alternative medicine.

Hierarchy Navigation for SIC 6-Digit Code 0831-02


  • Ginseng digger
  • Cultivator
  • Shade cloth
  • Irrigation system
  • Fertilizer spreader
  • Pruning shears
  • Drying racks
  • Sorting machine
  • Packaging equipment
  • Laboratory equipment for quality control

Industry Examples of Ginseng

  • Ginseng root
  • Ginseng tea
  • Ginseng capsules
  • Ginseng extract
  • Ginseng powder
  • Ginseng supplements
  • Ginseng skincare products
  • Ginseng energy drinks
  • Ginseng candy
  • Ginseng honey

SIC Code 0831-02 - Ginseng

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