What is the Market Value of Saw Palmetto Extract?

What is Saw Palmetto Oil?

Wholesale Saw Palmetto Oil is an extract of the seed of Saw Palmetto (Serenoa repens). Saw Palmetto grows in Florida and other parts of the southeastern United States; these seeds have been harvested and used to support the prostate gland for nearly 140 years.

What is the Market Size of Saw Palmetto Oil?

Due to the COVID-19 pandemic, the global saw palmetto extract market size is expected to reach USD 144.6 million by 2026 from USD 112.3 million in 2020 and is estimated to grow at an adjusted size of USD 158.6 million by 2028, at a CAGR of 4.3% for the period of 2021-2026. The growing use of saw palmetto extract in the pharmaceutical industry, dietary supplements, and other industries is promoting the growth of the global saw palmetto extract market.

What is the Sales Volume of the Main Market for Saw Palmetto Extract?

Europe is a major consumer of the saw palmetto extract industry. In 2017, European sales were 250.5 MT, accounting for about 41.41% of the total. North America came in second with 221.7 MT, although the region has dominated the raw materials market.

Which Regions are Projected to Dominate the Saw Palmetto Extract Market?

★ North America (USA, Canada, and Mexico)

★ European countries (Germany, UK, France, Italy, Russia, Turkey, etc.)

★ Asia-Pacific countries (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia, Vietnam, and more)

★ South America (Brazil, Colombia, and so on)

★ The Middle East and Africa (Saudi Arabia, UAE, Nigeria, and South Africa)

What is the Impact of COVID-19 on the Global Saw Palmetto Extract Market in 2022?

The sudden onset of the COVID-19 pandemic has led to the imposition of strict lockdown regulations in several countries, resulting in the disruption of imports and exports of saw palmetto extract. COVID-19 effects saw palmetto extract in three main ways: direct impact on production and demand, supply chain and market disruption, and financial impact on companies and financial markets.

Where to Buy High-quality Saw Palmetto Extract?

If you are interested in our high-quality Wholesale Saw Palmetto Oil, please feel free to contact us at Shaw@inhealthnature.com.

Shaanxi Inhealth Nature is a high-tech firm dedicated to the research, development, production, and marketing of HERBAL EXTRACTS. We were founded in 2014 and are located in the modern and vibrant Xi’an. Our production factory covers an area of about 15,000 square meters. Our total production capacity per year is over 300 tons. We had already passed FDA, HALAL, Kosher, ISO, and other certificates.