Ginseng Varieties available at Seeds and Plants South Africa. There are two main types of ginseng, namely Asian or Korean ginseng (Panax ginseng) and American ginseng (Panax quinquefolius). Indian traditional medicine Ayurveda touts Ashwagandha as ‘Indian ginseng’ for the similar herbal and medicinal properties it shares with Asian ginseng and American ginseng.