Rise in Demand from Pharmaceutical Industry to Boost the Rutin Market during 2018-2026, says TMR report


Posted March 8, 2019 by dmTMR1

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size.

 
Transparency Market Research in its new report titled, “Rutin Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the rutin market. The TMR report anticipates that the rise in the demand from the pharmaceutical industry will drive the rutin market during the forecast period i.e, 2018-2026.
As per the report, rutin also provides protection against chronic diseases such as varicose veins, internal bleeding, hemorrhoids, and hemorrhagic stroke. Rutin has been approved by the U.S. FDA (Food & Drug Administration). Moreover, rutin is used in several clinical and equivalence trials. Though reports do not show any major side-effects, the prolonged use of high doses of rutin may lead to certain side-effects such as hair loss, skin rash, headache, nausea, dizziness, and issues in sleeping. Dependence only on plants for the extraction of rutin may lead to extinction of certain plant species. In the pharmaceutical industry, rutin is used in the preparation of drugs. It is used as an anti-microbial, anti-fungal, and anti-allergic agent. It has the ability to increase the level of intercellular ascorbic acid, scavenge oxidants, and free radicals. Rutin decreases capillary permeability and fragility; inhibits destruction of bones; and lowers the risk of heart attack and other heart diseases. It also helps in the treatment of major diseases such as diabetes, hypertension, cancer, and hypercholesterolemia.
The TMR report has segregated the rutin market based on source. The key sources of rutin are plants, vegetables, and fruits. Rutin is a citrus flavonoid glycoside found in plants such as Viola tricolor, Capparis spinosa, Malus pumila (apple), and Lycopersicon esculentum. Tartary buckwheat seeds have been found to contain more rutin than common buckwheat seeds. Apart from seeds of buckwheat, rutin is also found in flowers of pansy and rose and leaves of Capparis spinosa. Rutin is one of the primary flavonoids found in clingstone peaches. It also occurs in the rind of citrus fruits, the core of green peppers, and in blueberries, apricots, blackberries, cherries, rose hips, and millet.
On a geographical stand, the global rutin market is split into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. With increase in the prevalence of lifestyle-related diseases and growth of elderly population, consumers in North America are inclining toward use of anti-oxidant products. This is driving the market for rutin in the U.S. and other parts of North America, as rutin products have anti-oxidant properties and anti-aging effect. In Latin America, Chile has emerged to be a leading market for rutin, as the consumption pattern in the country is shifting from junk food to nutritious food. The demand for rutin is expected to increase with this change in the food trend. With the presence of developing economies such as India and China and rise in awareness among consumers, the Asia Pacific region is likely to witness increase in the demand for rutin products in the next few years.
Some of the major players operating in the global rutin market are profiled in this report to give a better competitive analysis and these include Sichuan Chengdu Huaye Bio Chem Products, Shaanxi Huike Botanical Development Co., Cayman Chemical Company, Extrasynthese, Sigma-Aldrich Corp., Xena Bio Herbals, Toyo Sugar Refining Co., Ltd., Medipharm Specialties Co., Ltd., and ZK Biochem Group Co., Ltd.
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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Last Updated March 8, 2019