Market Overview:
The global saw palmetto extract market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for saw palmetto extract in various applications such as skin care products, food and drinks, medicines, and others. Saw palmetto extract is used as an ingredient in various cosmetic and personal care products owing to its anti-inflammatory properties. It also helps in reducing sebum production, which makes it an ideal ingredient for acne-prone skin.
Product Definition:
Saw Palmetto Extract is an extract from the saw palmetto plant that is used to treat prostate problems.
Reagent grade:
Reagent grade is the purest form of saw palmetto extract. It has no additives or fillers in it and is produced from a single source, which makes it the highest quality product available in the market. The extraction process involves solvent-based or water-based processes that separate oil from impurities present in either natural occurring or synthetic sources.
Pharmaceutical Grade:
Pharmaceutical grade is the highest quality available in saw palmetto extract. It has been tested and found to be free of heavy metals, pesticides, herbicides, and other contamination. Pharmaceutical grade saw palmetto extract is used for producing various pharmaceutical products such as dietary supplements & drugs which are sold worldwide.
Application Insights:
The skin care product segment led the global saw palmetto extract market in 2017. The product is gaining popularity as an effective ingredient for treating various skin conditions, including acne, eczema and psoriasis. It has antifungal and antibacterial properties that help treat various skin problems without causing any side effects or allergic reactions. These factors are likely to drive the demand for saw palmetto extract-based products in the near future.
The food & drinks application segment is expected to register a significant CAGR of XX% from 2018 to 2030 owing to rising consumer awareness regarding health benefits associated with dietary supplements and functional foods containing natural ingredients. In addition, growing demand for organic beverages across the globe is anticipated fuel industry growth over next few years.
Regional Analysis:
North America was the largest market for the product and accounted for a revenue share of over 40.0% in 2017 owing to high consumer awareness regarding health, beauty, and wellness coupled with an increasing number of retail outlets specialized in natural products. The region is expected to continue its dominance over the forecast period due to growing concerns about various health issues such as skin problems, hair loss, aging among others.
Asia Pacific is anticipated to be one of the fastest-growing regional markets during the forecast period owing to rising disposable income levels among consumers along with improving healthcare infrastructure that will lead consumers towards using saw palmetto extract based products which can treat various diseases naturally. Moreover, emerging economies such as China and India are witnessing strong economic growth which will boost industry expansion over next eight years or so.
Growth Factors:
- Increasing demand for Saw Palmetto Extract from the nutraceutical and functional food industries as a natural source of phytosterols, fatty acids, and antioxidants.
- Rising awareness about the health benefits of Saw Palmetto Extract among consumers in developed countries.
- Growing demand for Saw Palmetto Extract in emerging markets due to increasing disposable income and rising awareness about its health benefits.
- Technological advancements that have led to the development of new extraction methods for extracting saw palmetto oil which is driving down the cost of production, making it more affordable for consumers worldwide
Scope Of The Report
Report Attributes
Report Details
Report Title
Saw Palmetto Extract Market Research Report
By Type
Reagent grade, Pharmaceutical Grade, Food grade, Industry Grade
By Application
Skin Care Product, Food and Drinks, Medicines, Others
By Companies
Bio-Botanica, Inc., BASF, Biocosmethic, Crodarom, DSM Nutritional Produ
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Saw Palmetto Extract Market Report Segments:
The global Saw Palmetto Extract market is segmented on the basis of:
Types
Reagent grade, Pharmaceutical Grade, Food grade, Industry Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Skin Care Product, Food and Drinks, Medicines, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bio-Botanica, Inc.
- BASF
- Biocosmethic
- Crodarom
- DSM Nutritional Produ
Highlights of The Saw Palmetto Extract Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Reagent grade
- Pharmaceutical Grade
- Food grade
- Industry Grade
- By Application:
- Skin Care Product
- Food and Drinks
- Medicines
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Saw Palmetto Extract Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Saw palmetto extract is a natural supplement that has been used to treat various health conditions for centuries. It is made from the fruit of the saw palmetto tree, and it contains several active ingredients, including steroidal saponins and fatty acids. Saw palmetto extract has been shown to be effective in treating problems such as enlarged prostate, benign prostatic hyperplasia (BPH), and male sexual dysfunction.
Some of the major players in the saw palmetto extract market are Bio-Botanica, Inc., BASF, Biocosmethic, Crodarom, DSM Nutritional Produ.
The saw palmetto extract market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Saw Palmetto Extract Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Saw Palmetto Extract Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Saw Palmetto Extract Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Saw Palmetto Extract Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Saw Palmetto Extract Market Size & Forecast, 2018-2028 4.5.1 Saw Palmetto Extract Market Size and Y-o-Y Growth 4.5.2 Saw Palmetto Extract Market Absolute $ Opportunity
Chapter 5 Global Saw Palmetto Extract Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Saw Palmetto Extract Market Size Forecast by Type
5.2.1 Reagent grade
5.2.2 Pharmaceutical Grade
5.2.3 Food grade
5.2.4 Industry Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Saw Palmetto Extract Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Saw Palmetto Extract Market Size Forecast by Applications
6.2.1 Skin Care Product
6.2.2 Food and Drinks
6.2.3 Medicines
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Saw Palmetto Extract Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Saw Palmetto Extract Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Saw Palmetto Extract Analysis and Forecast
9.1 Introduction
9.2 North America Saw Palmetto Extract Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Saw Palmetto Extract Market Size Forecast by Type
9.6.1 Reagent grade
9.6.2 Pharmaceutical Grade
9.6.3 Food grade
9.6.4 Industry Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Saw Palmetto Extract Market Size Forecast by Applications
9.10.1 Skin Care Product
9.10.2 Food and Drinks
9.10.3 Medicines
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Saw Palmetto Extract Analysis and Forecast
10.1 Introduction
10.2 Europe Saw Palmetto Extract Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Saw Palmetto Extract Market Size Forecast by Type
10.6.1 Reagent grade
10.6.2 Pharmaceutical Grade
10.6.3 Food grade
10.6.4 Industry Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Saw Palmetto Extract Market Size Forecast by Applications
10.10.1 Skin Care Product
10.10.2 Food and Drinks
10.10.3 Medicines
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Saw Palmetto Extract Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Saw Palmetto Extract Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Saw Palmetto Extract Market Size Forecast by Type
11.6.1 Reagent grade
11.6.2 Pharmaceutical Grade
11.6.3 Food grade
11.6.4 Industry Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Saw Palmetto Extract Market Size Forecast by Applications
11.10.1 Skin Care Product
11.10.2 Food and Drinks
11.10.3 Medicines
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Saw Palmetto Extract Analysis and Forecast
12.1 Introduction
12.2 Latin America Saw Palmetto Extract Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Saw Palmetto Extract Market Size Forecast by Type
12.6.1 Reagent grade
12.6.2 Pharmaceutical Grade
12.6.3 Food grade
12.6.4 Industry Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Saw Palmetto Extract Market Size Forecast by Applications
12.10.1 Skin Care Product
12.10.2 Food and Drinks
12.10.3 Medicines
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Saw Palmetto Extract Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Saw Palmetto Extract Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Saw Palmetto Extract Market Size Forecast by Type
13.6.1 Reagent grade
13.6.2 Pharmaceutical Grade
13.6.3 Food grade
13.6.4 Industry Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Saw Palmetto Extract Market Size Forecast by Applications
13.10.1 Skin Care Product
13.10.2 Food and Drinks
13.10.3 Medicines
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Saw Palmetto Extract Market: Competitive Dashboard
14.2 Global Saw Palmetto Extract Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bio-Botanica, Inc.
14.3.2 BASF
14.3.3 Biocosmethic
14.3.4 Crodarom
14.3.5 DSM Nutritional Produ