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The global Madagascar periwinkle extract market is being aided by the growth of the plant extract market. The global plant extract market is expected to grow at a CAGR of 12.8% in the forecast period of 2023-2028 to reach a value of USD 87.54 billion by 2028.
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Based on application, Madagascar periwinkle extracts are primarily used in the pharmaceutical industry to prepare anticancer drugs. The growing demand for plant-based drugs to treat cancer and other diseases is expected to significantly drive the growth of the segment. Meanwhile, the research activities have also revealed that the extracts obtained from the leaves of Madagascar periwinkle possess antibacterial properties that help in preventing plant diseases effectively, thus, opening new opportunities for the product in the agricultural industry.
This plant species is native to the Western Indian Ocean’s large island of Madagascar, next to Africa. Being a popular ornamental plant in various tropical as well subtropical regions worldwide, Madagascar periwinkle is widely cultivated across these regions. It is a fast-growing plant that is easy to cultivate. The regions like Spain, the United States, China, Africa, Australia, India, and Southern Europe widely cultivate this herb for its medicinal uses at a commercial level. The drugs obtained from the plant find major markets in the United States, West Germany, Hungary, Italy, the United Kingdom, and Netherlands, among others.
Madagascar periwinkle, also called as Catharanthus roseus (L.), is a significant floral species in horticulture and is one of the few pharmacological plants with a long history of use in Ayurvedic and traditional Chinese medicines. It is of great importance as it possesses two invaluable antitumour terpenoid indole alkaloids (TIAs), namely, vincristine and vinblastine. Today, it is one of the most important sources of natural drugs in chemotherapy treatments for a range of human cancers and some other ailments.
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By source, the market is divided into:
Based on process, the industry can be segmented into:
The various applications of madagascar periwinkle extract are:
On the basis of end use, the industry is categorised into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The growing research activities to meet the unmet needs of patients suffering from cancer is leading to the development of effective treatment options and drugs. Alkaloids obtained from Madagascar periwinkle extracts are being increasingly adopted by the manufacturers to prepare anticancer drugs. However, terpenoid indole alkaloids are present only in micro quantities in the plant, which remains a key challenge for researchers working towards making the extraction process more cost effective and efficient. The market is further supported by the changing dietary habits and sedentary lifestyle, which is leading to an increased prevalence of chronic diseases across the globe. The growing investments in R&D and clinical trials by the various government and private organisations to find the other potential applications of Madagascar periwinkle extract are expected to enhance the growth of the industry over the forecast period.
The report gives a detailed analysis of the following key players in the global Madagascar periwinkle extract market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
---|---|
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Source, Process, Application, End Use, Region |
Breakup by Source | Leaf, Stem, Flower, Root |
Breakup by Process | Solvent Extract, Liquid-Solid Extract, Others |
Breakup by Application | Diabetes, Cancer, Cough, Lung Congestion, Skin Infections, Others |
Breakup by End Use | Pharmaceuticals, Others |
Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
Price Analysis | Historical and Forecast Price Trends- Regional |
Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
Companies Covered | Xi'an Saiyang Biotechnology Co., LTD, Summit Ingredients Co., Ltd., Others |
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Madagascar Periwinkle Extract Market Analysis
8.1 Key Industry Highlights
8.2 Global Madagascar Periwinkle Extract Historical Market (2018-2022)
8.3 Global Madagascar Periwinkle Extract Market Forecast (2023-2028)
8.4 Global Madagascar Periwinkle Extract Market by Source
8.4.1 Leaf
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Stem
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Flower
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.4.4 Root
8.4.4.1 Historical Trend (2018-2022)
8.4.4.2 Forecast Trend (2023-2028)
8.5 Global Madagascar Periwinkle Extract Market by Process
8.5.1 Solvent Extract
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Liquid-Solid Extract
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Others
8.6 Global Madagascar Periwinkle Extract Market by Application
8.6.1 Diabetes
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Cancer
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Cough
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Lung Congestion
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Skin Infections
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
8.6.6 Others
8.7 Global Madagascar Periwinkle Extract Market by End Use
8.7.1 Pharmaceuticals
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Others
8.9 Global Madagascar Periwinkle Extract Market by Region
8.9.1 North America
8.9.1.1 Historical Trend (2018-2022)
8.9.1.2 Forecast Trend (2023-2028)
8.9.2 Europe
8.9.2.1 Historical Trend (2018-2022)
8.9.2.2 Forecast Trend (2023-2028)
8.9.3 Asia Pacific
8.9.3.1 Historical Trend (2018-2022)
8.9.3.2 Forecast Trend (2023-2028)
8.9.4 Latin America
8.9.4.1 Historical Trend (2018-2022)
8.9.4.2 Forecast Trend (2023-2028)
8.9.5 Middle East and Africa
8.9.5.1 Historical Trend (2018-2022)
8.9.5.2 Forecast Trend (2023-2028)
9 North America Madagascar Periwinkle Extract Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Madagascar Periwinkle Extract Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Madagascar Periwinkle Extract Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Madagascar Periwinkle Extract Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Madagascar Periwinkle Extract Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles (*This list is only indicative. The report contains a more comprehensive list of players.)
17.2.1 Xi'an Saiyang Biotechnology Co., LTD
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Summit Ingredients Co., Ltd.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Others
18 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operations Involved
2 Project Requirements and Cost Analysis
2.1 Land, Location, and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Raw Materials
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investments
List of Key Figures and Tables
1. Global Madagascar Periwinkle Extract Market: Key Industry Highlights, 2018 and 2028
2. Global Madagascar Periwinkle Extract Historical Market: Breakup by Source (USD Million), 2018-2022
3. Global Madagascar Periwinkle Extract Market Forecast: Breakup by Source (USD Million), 2023-2028
4. Global Madagascar Periwinkle Extract Historical Market: Breakup by Process (USD Million), 2018-2022
5. Global Madagascar Periwinkle Extract Market Forecast: Breakup by Process (USD Million), 2023-2028
6. Global Madagascar Periwinkle Extract Historical Market: Breakup by Application (USD Million), 2018-2022
7. Global Madagascar Periwinkle Extract Market Forecast: Breakup by Application (USD Million), 2023-2028
8. Global Madagascar Periwinkle Extract Historical Market: Breakup by End Use (USD Million), 2018-2022
9. Global Madagascar Periwinkle Extract Market Forecast: Breakup by End Use (USD Million), 2023-2028
10. Global Madagascar Periwinkle Extract Historical Market: Breakup by Region (USD Million), 2018-2022
11. Global Madagascar Periwinkle Extract Market Forecast: Breakup by Region (USD Million), 2023-2028
12. North America Madagascar Periwinkle Extract Historical Market: Breakup by Country (USD Million), 2018-2022
13. North America Madagascar Periwinkle Extract Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Europe Madagascar Periwinkle Extract Historical Market: Breakup by Country (USD Million), 2018-2022
15. Europe Madagascar Periwinkle Extract Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Asia Pacific Madagascar Periwinkle Extract Historical Market: Breakup by Country (USD Million), 2018-2022
17. Asia Pacific Madagascar Periwinkle Extract Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Latin America Madagascar Periwinkle Extract Historical Market: Breakup by Country (USD Million), 2018-2022
19. Latin America Madagascar Periwinkle Extract Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Middle East and Africa Madagascar Periwinkle Extract Historical Market: Breakup by Country (USD Million), 2018-2022
21. Middle East and Africa Madagascar Periwinkle Extract Market Forecast: Breakup by Country (USD Million), 2023-2028
22. North America Historical Price Trends and Forecast 2018-2028
23. Europe Historical Price Trends and Forecast 2018-2028
24. Asia Pacific Historical Price Trends and Forecast 2018-2028
25. Latin America Historical Price Trends and Forecast 2018-2028
26. Middle East and Africa Historical Price Trends and Forecast 2018-2028
27. Global Madagascar Periwinkle Extract Market Structure
The market is projected to grow at a CAGR of 12.8% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 87.54 billion by 2028.
The major drivers of the market are the growing prevalence of cancer and other chronic ailments, increasing health awareness, growing technological advancements, and the rising demand for anticancer drugs.
The key trends guiding the growth of the market include the growing research and development activities around Madagascar periwinkle extract to find its new applications and sedentary lifestyles.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading sources of Madagascar periwinkle extract in the market are leaf, stem, flower, and root.
The major processes in the market are solvent extract and liquid-solid extract, among others.
The significant applications in the market are diabetes, cancer, cough, lung congestion, and skin infections, among others.
The leading end uses in the market are pharmaceuticals, among others.
The major players in the global Madagascar periwinkle extract market are Xi'an Saiyang Biotechnology Co., LTD, and Summit Ingredients Co., Ltd., among others.
The global Madagascar periwinkle extract market is being driven by the rising plant extract industry. Aided by the rising R&D activities, the plant extract market is expected to witness a robust growth in the forecast period of 2023-2028, growing at a CAGR of 12.8% and is projected to reach USD 87.54 billion by 2028.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on source, the market is segmented into leaf, stem, flower, and root. By process, the industry is divided into solvent extract and liquid-solid extract, among others. On the basis of application, the market is categorised into diabetes, cancer, cough, lung congestion, and skin infections, among others. Based on end use, the industry is segmented into pharmaceuticals and others. The major regional markets for Madagascar periwinkle extract are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Xi'an Saiyang Biotechnology Co., LTD, and Summit Ingredients Co., Ltd., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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