Catharanthine Market: In-depth market segmentation by 2026
Verfasser: ShashiiPawar on Wednesday, 14 December 2016Medicinal plants today form a major portion of rich biodiversity globally and are still not explored to its potential. The need for the new medicinal products out from the plant has received a great interest in the present research world due to high cost and the higher side effects that are associated with the chemically manufactured drug. Catharanthine is defined as an alkaloid which is isolated from catharanthus roseus, which is a potent medicinal plant for many of the pharmacological reactions such as antimicrobial, antioxidant and antidiabetic effect amongst others. The essential chemical, can be used as a starting material for the synthesis of the anti-tumour drugs vinblastine and vincristine. It stimulates the release of amylase from pancreatic fragments and causes extensive degranulation of pancreatic acinar cells. Catharanthine finds a number of application in the healthcare and pharmaceutical industry. It is highly utilized in the treatment of childhood cancer. Catharanthine is less known in the market and hence is at the initial stage of advancement showcasing high potential over the forecast period. Catharanthine is relatively new to the market and hence, the global catharanthine market is very niche. Moreover, with the increasing awareness among market players about the benefits of catharanthine, the market is anticipated to witness a high growth over the forecast period.