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Market Size of Palmatine will Expand Owing to Escalating Innovations

 

Introduction

Palmatine is a protoberberine alkaloid extracted from the bark of medicinal plants and trees such as phellodendron amurense, coptis chinensis, enantia chlorantha, corydalis yanhusuo, radix tinosporae, and rhizoma coptidis. Palmatine is known for its anti-inflammatory, anti-tumor, anti-parasitic, anti-malarial, anti-pyretic, and anti-depressive properties. Palmatine is a major component of herbal preparations used in traditional medicines in China, South Korea, and India. It has been studied for its potential uses in the treatment of jaundice, dysentery, hypertension, inflammation, and liver-related diseases.

Global Palmatine Market: Trends & Developments

Increase consumption of palmatine extracted from medicinal plant sources by the pharmaceutical industry has resulted in an acute shortage of palmatine. Researchers and scientists have started exploring new methods for chemically synthesizing palmatine and its active derivatives to cater to the growing demand for palmatine. Isoquinoline alkaloids such as palmatine and berberine are currently being studied for their uses in medical for the treatment of benign prostatic hyperplasia. The study is aimed to investigate the effects of berberine and palmatine on the contractility of the prostate, urethral, and vascular smooth muscle tissues in rabbits. In the last few years, palmatine has been considered as a promising DNA phototherapy drug after receiving safety clearance.

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Global Palmatine Market: Segmentation

Based on end-use industry, the global palmatine market can be segmented into pharmaceutical, food, and others. Palmatine is one of the four main protoberberine alkaloids and is largely employed in pharmaceuticals and medicines. It is used in the treatment of upper respiratory tract infections, tonsillitis, conjunctivitis, enteritis, diarrhea, urinary tract infections, surgical, and gynecological infections. Palmatine is used by the pharmaceutical industry to manufacture drugs owing to its anti-microbial and anti-viral properties. It possess the potential to inhibit activity of West Nile virus, dengue virus, yellow fever virus, and influenza virus. Palmatine can also inhibit the proliferation of a broad spectrum of gram positive and gram negative bacteria and various fungi. Palmate provides protection against myocardial ischemia-reperfusion (I/R) injury  due to its antioxidant and anti-inflammatory properties.

Global Palmatine Market: Regional Outlook

In terms of region, the global palmatine market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to dominate the global market during the forecast period owing to the growing number of pharmaceutical companies, especially in countries such as India. China is projected to be a major importer of palmatine owing to presence of a significant number of chemical and pharmaceutical companies in the region that depend on raw materials such as palmatine and other alkaloids. Rising popularity of homeopathic medicines derived from palmatine and other agro-chemicals in India is expected to drive the palmatine market in the country.

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Global Palmatine Market: Key Players

Key players operating in the global palmatine market include Alfa Chemistry, Shenzhen Sendi Biotechnology Co.Ltd., Molekula, Cfm Oskar Tropitzsch GmbH, EMMX Biotechnology, Zerenex Molecular Ltd, Beta Pharma, APAC Pharmaceutical, LLC., Shanghai Zheyan Biotech Co., Ltd., 2A PharmaChem, Apin Chemicals Limited, Daken Chemical Co., Ltd.,  Nanjing Dolon Biotechnology Co.,Ltd., INDOFINE Chemical Company, Inc., Extrasynthese, and LEANCARE LIMITED.

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