North America Saw Palmetto Berries Market Size, Share & Trends Analysis Report By Source (Organic, and Conventional), By Application, By Form, By Country and Growth Forecast, 2024 - 2031
North America Saw Palmetto Berries Market Size, Share & Trends Analysis Report By Source (Organic, and Conventional), By Application, By Form, By Country and Growth Forecast, 2024 - 2031
The North America Saw Palmetto Berries Market would witness market growth of 4.8% CAGR during the forecast period (2024-2031).
The US market dominated the North America Saw Palmetto Berries Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $60,089.3 Thousands by 2031. The Canada market is experiencing a CAGR of 7.1% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 6.2% during (2024 - 2031).
Saw palmetto berries are the fruit of the saw palmetto plant (Serenoa repens), a small palm native to the southeastern United States. These dark purple to black berries is harvested from the plant’s stems, which grow low to the ground in clusters. Saw palmetto berries have been traditionally used for various medicinal purposes by Native American tribes for centuries.
In contemporary times, saw palmetto berries are chiefly recognized for their potential health advantages, especially in men's health. They are rich in fatty acids, plant sterols, and other bioactive compounds believed to support prostate health and urinary function. Saw palmetto berries are frequently used to produce extracts and supplements marketed for alleviating symptoms associated with benign prostatic hyperplasia (BPH), a non-cancerous prostate gland enlargement.
Mexican culture has a longstanding tradition of employing natural and herbal remedies to address various health concerns. This cultural preference extends to prostate health, where natural treatments like saw palmetto berries are favoured. Saw palmetto berries have been traditionally used for their medicinal properties and are widely recognized for their effectiveness in alleviating symptoms of BPH. This cultural inclination towards natural remedies supports the increasing demand for saw palmetto berries as a treatment option. In addition, the increasing pharmaceutical industry and high rates of benign prostatic hyperplasia are driving the growth of the market.
Based on Source, the market is segmented into Organic, and Conventional. Based on Application, the market is segmented into Dietary Supplements, Functional Foods & Beverages, and Pharmaceuticals. Based on Form, the market is segmented into Powder, Liquid Extracts, and Capsules & Tablets. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
Bio-Botanica, Inc.
JIAHERB Inc. (Shaanxi Jiahe Phytochem Co., Ltd.)
VALENSA INTERNATIONAL
Maypro
Hunan NutraMax Inc.
Saw Palmetto Florida, LLC
MTC Industries
Monterey Bay Herb Co.
North America Saw Palmetto Berries Market Report Segmentation
By Source
Organic
Conventional
By Application
Dietary Supplements
Functional Foods & Beverages
Pharmaceuticals
By Form
Powder
Liquid Extracts
Capsules & Tablets
By Country
US
Canada
Mexico
Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Saw Palmetto Berries Market, by Source
1.4.2 North America Saw Palmetto Berries Market, by Application
1.4.3 North America Saw Palmetto Berries Market, by Form
1.4.4 North America Saw Palmetto Berries Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. North America Saw Palmetto Berries Market by Source
4.1 North America Organic Market by Country
4.2 North America Conventional Market by Country
Chapter 5. North America Saw Palmetto Berries Market by Application
5.1 North America Dietary Supplements Market by Country
5.2 North America Functional Foods & Beverages Market by Country
5.3 North America Pharmaceuticals Market by Country
Chapter 6. North America Saw Palmetto Berries Market by Form
6.1 North America Powder Market by Country
6.2 North America Liquid Extracts Market by Country
6.3 North America Capsules & Tablets Market by Country
Chapter 7. North America Saw Palmetto Berries Market by Country
7.1 US Saw Palmetto Berries Market
7.1.1 US Saw Palmetto Berries Market by Source
7.1.2 US Saw Palmetto Berries Market by Application
7.1.3 US Saw Palmetto Berries Market by Form
7.2 Canada Saw Palmetto Berries Market
7.2.1 Canada Saw Palmetto Berries Market by Source
7.2.2 Canada Saw Palmetto Berries Market by Application
7.2.3 Canada Saw Palmetto Berries Market by Form
7.3 Mexico Saw Palmetto Berries Market
7.3.1 Mexico Saw Palmetto Berries Market by Source
7.3.2 Mexico Saw Palmetto Berries Market by Application
7.3.3 Mexico Saw Palmetto Berries Market by Form
7.4 Rest of North America Saw Palmetto Berries Market
7.4.1 Rest of North America Saw Palmetto Berries Market by Source
7.4.2 Rest of North America Saw Palmetto Berries Market by Application
7.4.3 Rest of North America Saw Palmetto Berries Market by Form