The Global Saw Palmetto Extracts market was valued 11.9 million USD in 2016

Global (North America, Europe and Asia-Pacific, South America, Middle East and Africa) Saw Palmetto Extracts Market 2017

 

 According to GlobalInfoResearch,in terms of revenue, the global Saw Palmetto Extracts market was valued 11.9 million USD in 2016, and is estimated to be worth 12.4 million USD by 2021. In terms of volume, the production of Saw Palmetto Extracts was about 233 MT in 2016. And it is anticipated to reach 257.2 MT by 2021.

 
United States is the dominate producer of Saw Palmetto Extracts, the production was 111.2 MT in 2016, accounting for about 47.70% of the total amount, followed by Europe, with the production market share of 29.09%. And United States is expected to remain the leading position in the forecast period. 
 
Leading players in Saw Palmetto Extracts industry are Valensa International, Indena and Martin Bauer. Valensa International is the largest manufacturer, with the production market share of 26.00% in 2016. The top three companies occupied about 41.66% production share of the market in 2016.
 
Dietary supplement accounted for the largest market with about 61.35% of the global consumption volume for Saw Palmetto Extracts in 2016. Moreover, it is anticipated to grow at a CAGR of 1.84% from 2017 to 2021. With over 38.65% share in the Saw Palmetto Extracts market, pharmaceutical industry was the second largest application market in 2015, and is anticipated to grow at a CAGR of 2.21%, in terms of consumption volume, from 2017 to 2021.
 
Under the influence of raw material and market competitions, the price of Saw Palmetto Extracts was lower year by year from 54 $/kg in 2011 to 51.1 $/kg in 2016. The profit margin is relatively high, about 29.35% in 2016, and was also descends in recent years.