Global Phytochemical API Market Segmented by Source, Application 2019

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
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Alkaloids
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Anthocyanins
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Flavonoids
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Phenolic acids
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Terpenoids
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Lignans and stilbenes
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Others
By End User
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Pharmaceutical
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Nutraceuticals
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Herbal based industries
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Others
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REPORT DESCRIPTION
Global Phytochemical API Market – Key Players
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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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https://www.coherentmarketinsights.com/ongoing-insight/phytochemical-api-market-2492
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Phytochemical APIs are active chemical compounds extracted from plants with the help of semi-synthetic procedures and possess medicinal properties. Phytochemicals are divided into two categories such as primary and secondary constituents.

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