Velvet
Bean Extract market Outlook:
Mucuna
pruriens commonly known as Velvet bean is a medicinal plant belonging
to the Leguminosae family. It is a tropical crop native to Southeast
Asia. The velvet bean extract is obtained from nature’s one of the
most interesting and unusual medicinal beans. The velvet bean extract
market is anticipated to witness a growing demand over the forecast
period owing to the increasing use of the extract in the treatment of
a plethora of diseases and ailments. The velvet bean extract is used
in the treatment of infertility in males by enhancing sexual drive,
nervous disorders like tension, lack of concentration, and improving
mood. The primary use of velvet bean extract is in the treatment of
Parkinson’s disease due to the presence of high level of L-Dopa.
The velvet bean extract also has many preventive, curative, and
healing properties like antioxidant, anti-inflammatory, antitumor,
anti-leukemic, anti-diabetic, estrogenic, antiviral, and antiseptic
properties. The velvet bean extract is very popular among, and
athletes as the extract is used to reduce excess fat, boost the
energy and concentration levels which add-ons to the overall
performance and efficiency of the athletes. The velvet bean extract
is also used in the food and animal feed industry.
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Pharmacological
and Medical Proficiency open the door for Velvet Bean Extract:
The
market for velvet bean extract is expected to witness a growing
demand over the forecast period owing to the therapeutic and medical
proficiency of the extract in many diseases and ailment. The velvet
bean extract has neuroprotective effects and is used primarily in the
treatment of Parkinson’s disease. Besides, many pharmacological
activities like anti-venom, anti-microbial, neuroprotective,
anti-diabetic, and anti-oxidant activities associated with velvet
bean extract is expected to propel the demand for the extract
further. The need for velvet bean extract is anticipated to increase
due to increasing neurological disorders among population due to busy
lifestyles and growing competition. Also, the extract is popular
among the bodybuilders and athletes as the vanilla bean extract is
used to increase the energy and reduce the body weight while
improving the concentration level of the person. The demand for the
velvet
bean extract will also boost owing to its potential
capability in the treatment of male infertility low sperm count, and
low libido levels.
Global
Velvet Bean Extract market: Market Participants
The
key market participants identified across the value chain of the
global Velvet Bean Extract market are: The Himalaya Drug Company,
Shenzhen Jiachen Biotechnology Co., LTD., Sun Potion Transformational
Foods, Banyan Botanicals, and THE GROVE
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