PUBLISHER: KBV Research | PRODUCT CODE: 1529339
PUBLISHER: KBV Research | PRODUCT CODE: 1529339
The Asia Pacific Saw Palmetto Berries Market would witness market growth of 5.9% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Saw Palmetto Berries Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $19,072 Thousands by 2031. The Japan market is registering a CAGR of 5.3% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 6.6% during (2024 - 2031).
Saw palmetto extracts are sometimes used in veterinary medicine, particularly in supplements that promote prostate health and reduce urinary tract symptoms in aging male pets, such as dogs. These supplements support overall urinary function and reproductive health in animals.
The adoption of saw palmetto berries has grown significantly over the years, driven by increasing awareness of their potential health benefits and expanding applications across various sectors. Saw palmetto berries are widely adopted for their potential to support prostate health, particularly in managing symptoms associated with benign prostatic hyperplasia (BPH). Studies suggest that saw palmetto extracts may help reduce urinary symptoms such as frequent urination and improve prostate function.
India's rich history in Ayurveda and herbal medicine, combined with the growth of the modern pharmaceutical industry, has increased the integration of saw palmetto berries into traditional and contemporary health products. As the Indian pharmaceutical industry expands, there is an increase in the export of herbal medicines and natural supplements, including saw palmetto berries. This opens new markets and growth opportunities for Indian suppliers. In conclusion, the rising pharmaceutical industry and growing elderly population in the region drive the market's growth.
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 China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
Asia Pacific Saw Palmetto Berries Market Report Segmentation
By Source
By Application
By Form
By Country