QYR Market Research Global Saw Palmetto Berries market research | Page 3
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• Saw palmetto berries are the fruit of Serenoa repens. Saw palmetto
(Serenoa repens) grows wild in Florida and other parts of the southeastern
United States; the berries have been harvested and used for prostate
support for almost 140 years. USA is the sole origin of saw palmetto berries.
Market insiders think that saw palmetto berries from others regions are not
authentic.
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• In 2016, the global sale volume of saw palmetto berries was 6410 MT, and is
anticipated to reach 6658 MT in 2023. In terms of sale revenue, the global
saw palmetto berries was valued 101.61 million USD in 2016, and is
anticipated to reach 135.34 million USD in 2023. 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.