City of Industry, CA -- (SBWire) -- 07/04/2018 --This report studies the global Saw Palmetto Berries market status and forecast, categorizes the global Saw Palmetto Berries market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
The saw palmetto is a short, scrubby palm that grows in the coastal plain of Florida and other southeastern states. Its fan-shaped leaves have sharp, saw-toothed edges that give the plant its name. Dense clumps of saw palmetto can form an impenetrable thicket. The abundant 2-cm-long berries are harvested from the wild in the fall and are dried by processor. Then the dried saw palmetto is used in the pharmaceutical industry and dietary supplement industry.
Since more and more saw palmetto has been used in the treatment of disturbances due to Benign Prostate Hypertrophy (BPH) including reduction of urinary frequency, increase of urinary flow, and decrease of nocturia, market participants are optimistic on the future market of the whole saw palmetto industry.
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There is no doubt that USA is the largest producer of dried saw palmetto berries since fresh saw palmetto berries just have a few days' expiration date. Companies from other countries are impossible to treat the fresh saw palmetto berries since fresh saw palmetto berries will go decayed on the way of transportation.
USA is also the largest consumer of saw palmetto berries with 3594 MT being consumed in the year of 2016. Europe is the follower with 40.87% consumption share in the same year.
Legal picking and authenticity are the key factors for saw palmetto berries. Presently, there are still many illegal pickers and the authenticity of saw palmetto berries can't be distinguished easily. The saw palmetto industry still needs regulations to promote the whole industry' health development.
The global Saw Palmetto Berries market is valued at million US$ in 2017 and will reach million US$ by the end of 2025, growing at a CAGR of % during 2018-2025.
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The major manufacturers covered in this report
Saw Palmetto Harvesting Company
Prostate RX
Valensa
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
North America
Europe
China
Japan
Southeast Asia
India
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Fresh Saw Palmetto Berries
Dried Saw Palmetto Berries
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Pharmaceutical Industry
Dietary Supplement
About QY Research
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.
Saw Palmetto Berries Market Research Report 2018
Saw Palmetto Berries Market-New Research Report Announced with business priorities in order to assist companies to realign their business strategies.