Global Phytochemical API Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2018-2026
REPORT DESCRIPTION Global Phytochemical API Market – Overview Increasing preferences of herbal medicines over allopathic drugs is expected to boost growth of the phytochemical API market. Moreover, increasing initiatives by pharmacognosy research to develop drugs containing natural chemical compounds is another factor to drive the phytochemical API market growth. For instance, in 2017, as per new research paper published in the Journal of Natural Compounds, International Cooperative Biodiversity Group discovered new chemical, Patentiflorin A, which is derived from willow-leaved Justicia. Patentiflorin A could inhibit the action of reverse transcriptase much more effectively than Azidothymidine (AZT). AZT is an antiretroviral medication used to prevent and treat HIV/ AIDS. Patentiflorin A acts as a novel anti-HIV agent that can be used with current anti-HIV drugs to suppress the activity of HIV virus and prevent AIDS. However, availability of prominent allopathic drugs to cure disease conditions in lesser time interval than herbal drugs is expected to hinder the growth of phytochemical API market.
REPORT DESCRIPTION Global Phytochemical API Market – Taxonomy By Molecule Type ● Alkaloids ● Anthocyanins ● Flavonoids ● Phenolic acids ● Terpenoids ● Lignans and stilbenes ● Others By End User ● Pharmaceutical ● Nutraceuticals ● Herbal based industries ● Others Download PDF Brochure @ https://www.coherentmarketinsights.com/ongoing-insight/phytochemical-api-market-2492
REPORT DESCRIPTION Global Phytochemical API Market – Key Players • • • • • • • • •
Kothari Phytochemicals & Industries Ltd. Lipo Foods Medipure Pharmaceuticals Inc. Centroflora CMS SeQuent Scientific Limited Arboris LLC Cargill Inc. Indo Phytochem Pharmaceuticals. BASF SE.
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