Saw
palmetto is a small palm tree grown natively in the subtropical
regions of the United States and is used traditionally by the Indian
Americans from centuries for medicinal purposes. Saw palmetto is rich
in free fatty acids, free and conjugated sterols, flavonoid and high
molecular weight polysaccharides. Traditionally saw palmetto extract
is used as expectorant, tonic for both male and female reproductive
system, and urinary tract. Saw palmetto extract preparation involves
the processing of dried or partially dried berries. Saw palmetto
extract based supplements are famously used for the treatment of
benign prostatic hyperplasia (BPH) disease which is also known as
enlarged prostate. BPH is caused in men due to the hormonal
imbalance and change in cell growth factors due to aging. Men above
50 years have higher probability of developing BPH than the others.
Some clinical studies supports the effect of saw palmetto on BPH
while some of them finds no benefits of saw palmetto extract based
supplements over placebo. However, most of saw palmetto extract
products are advertised to support prostate and urinary health in
men. The extract of saw palmetto is standardized by various
manufacturer and it is available in varying strength. Products based
on the herbal extract are gaining momentum in the market, as the
consumer are embracing the shift of conventional products towards the
herbal extract based products.
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Palmetto
extract is used widely used in the developed market as it promote the
health of male physiology. Furthermore, there is a common believe
among people about the herbal extracts based products that they have
no major side effects in long term usage. However, some studies
indicate no benefits of saw palmetto based extract based supplements
over the placebo and side effects such as abdominal pain, and mild
headaches are some of the factors may restraint the market growth
during the forecast period.
North
America is expected to represent major market value share over the
forecast period owing to favorable geographical condition for the
farming as it is grown natively and high consumer demand owing to
increase in health awareness and increasing trend of herbal products.
In North America, the U.S. is expected to represent major value share
in the near future. Europe is also expected to show substantial
growth owing to the popularity of the health benefits of saw palmetto
extract based products. Asia Pacific and, Middle East and Africa
expected to represents moderate growth in saw palmetto extract market
over the forecast period.
Some
of the key player operating in saw
palmetto extract market are Amax NutraSource, Inc., AuNutra
Industries Inc, Bio-Botanica Inc., Bristol Botanicals Limited,
Carrubba Inc, Sigma-Aldrich Co. LLC, Nutra Green Biotechnology
Co.,Ltd and others.
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