Global Madagascar Periwinkle Extract Market to Generate Profitable Opportunities for Manufacturers During the Forecast Period
iCrowdNewswire
Sep 29, 2021
Market Outlook
Madagascar periwinkle extract is a derivative obtained from a series of processing of Madagascar periwinkle plant parts, particularly the flower. The botanical extract is known to comprise alkaloids with an extensive range of polarities. Catharanthus roseus is known to be of greater importance pharmaceutically with inclusive important terpenoid indole alkaloids. The applications of periwinkle as a dietary supplement is not limited, as it comprises pharmacologically active vinca alkaloids.
Madagascar periwinkle has also drawn the attraction of pharmaceutical manufacturers leading to development of active research programs in medicinal plant chemistry. Hence, there is huge potential for Madagascar periwinkle Extract market growth with anticipation an increase in R&D in Catharanthus roseus and improved supply of Madagascar Periwinkle Extract.
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Reasons for Covering this Title
The report will support the clients in making investment decisions and formulating business strategies in the Madagascar periwinkle extract market. The study includes the regulations, consumer trends analysis and also provides a detailed analysis of the segments and sub-segments of the Madagascar periwinkle extract market. Catharanthus roseus is known for its potential composition of terpenoid indole alkaloids of greater pharmaceutically importance. Among the various alkaloids extracted from the Madagascar periwinkle extract, there are only a few alkaloids of commercial importance, which are elaborated in this report. The important alkaloids are used in anticancer drugs which are used in the treatment of acute leukemia and Hodgkin’s disease.
Currently, Catharanthus roseus is cultivated in India, Europe, China, and America. With its growing popularity in pharma applications, the use of Catharanthus roseus in the production of Madagascar periwinkle extract will spread across other countries mainly close to the major Catharanthus roseus cultivating countries. Among the various pharma applications, Madagascar periwinkle extract are primarily used in anticancer drugs and diabetes treatment. According to published research studies, it is evident that the potential to produce alkaloids from Catharanthus roseus is still limited due to lower concentrations of the alkaloids.
However, advancements in genetic and breeding technology have to isolate most useful alkaloids by increasing their potential yields. Higher focus on R&D will further boost exploration of the use of Madagascar periwinkle extract in the treatment of various diseases.
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Global Madagascar Periwinkle Extract Market: Key Players
Examples of some of the key players operating in the global Madagascar periwinkle extract market are Hunan Nutramax Inc., Umang Pharmatech Pvt. Ltd., Xi’an Saiyang Bio-technology Co., Ltd, Hubei Honch Pharmaceutical Co., Ltd., Evergreen Biotech Inc., and Summit Ingredients Co. Ltd., among others.
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