The Global Saw Palmetto Market was valued at USD 291.28 Million in 2023 and is projected to reach USD 432.68 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.9% during the forecast period (2024–2030). This significant growth is being driven by rising consumer demand for natural health supplements, increased awareness of men’s health and urinary wellness, and the expanding application of saw palmetto extracts in cosmetic and personal care formulations.

As the nutraceutical and herbal medicine industries experience a shift toward plant-based, evidence-backed solutions, the focus intensifies on the key producers and suppliers who ensure quality, sustainability, and efficacy. In this analysis, we profile the Top 10 Companies in the Saw Palmetto Industry—a combination of established herbal brands, dedicated suppliers, and vertically integrated processors shaping the global supply chain.

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🔟 1. Nature’s Way

Headquarters: Green Bay, Wisconsin, USA
Key Offering: Saw Palmetto Berries Standardized Extracts, Capsules, and Liquid Supplements

Nature’s Way is a leading global herbal supplement brand renowned for its commitment to purity and potency. Their saw palmetto products, including their flagship “Saw Palmetto Berries” supplement, are widely trusted for supporting prostate and urinary tract health. The company emphasizes rigorous testing and sustainable sourcing practices.

Quality and Sustainability Initiatives:

• Utilizes Tru-ID™ DNA authentication for ingredient verification

• Commitment to responsible wild harvesting and agricultural partnerships

• Products are Non-GMO Project Verified and gluten-free

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9️⃣ 2. Himalaya Herbal Healthcare

Headquarters: Bangalore, Karnataka, India
Key Offering: Himalaya Saw Palmetto capsules and tablets

Himalaya Herbal Healthcare offers a comprehensive range of scientifically backed herbal remedies, with its saw palmetto formulation being a key product for men’s wellness. The company’s vertically integrated operations, from seed to shelf, ensure full control over quality and standardization.

Quality and Sustainability Initiatives:

• Proprietary extraction technologies for consistent bioactivity

• Invests in organic farming initiatives for key botanicals

• Globally recognized GMP (Good Manufacturing Practices) certifications

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8️⃣ 3. Goodcare Nutraceuticals

Headquarters: Hyderabad, Telangana, India
Key Offering: Saw Palmetto Berry Powder and Extracts (various ratios)

Goodcare Nutraceuticals is a major manufacturer and global supplier of high-quality herbal extracts. The company specializes in producing saw palmetto extracts standardized for fatty acids and phytosterols, serving both the B2B ingredient market and finished product brands.

Quality and Sustainability Initiatives:

• Advanced solvent-free extraction methods

• Focus on developing water-soluble saw palmetto formulations

• Compliance with USP, EP, and other international pharmacopoeia standards

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7️⃣ 4. Monterey Bay Spice Company

Headquarters: Watsonville, California, USA
Key Offering: Organic and Conventional Whole Saw Palmetto Berries, Powder, and Cuts

Monterey Bay Spice Company is a premier bulk supplier of botanicals, herbs, and spices. They provide raw saw palmetto berries in various forms, catering primarily to herbalists, supplement manufacturers, and small-scale producers who value access to whole, unprocessed raw materials.

Quality and Sustainability Initiatives:

• Offers certified organic saw palmetto berries

• Transparent sourcing from designated harvest regions in Florida

• Emphasis on wildcrafting ethics and sustainable harvesting practices

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6️⃣ 5. MTC Industries Inc.

Headquarters: Miami, Florida, USA
Key Offering: Bulk Saw Palmetto Raw Berries and Crude Extracts

Strategically based in Florida, the heart of saw palmetto growth, MTC Industries is a key player in the raw material supply chain. The company acts as a critical link between local harvesters and international manufacturers, providing bulk quantities of dried berries.

Quality and Sustainability Initiatives:

• Direct relationships with harvest co-operatives in Florida

• Implementation of quality control protocols for berry moisture content and purity

• Logistics expertise in the export of botanical raw materials

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5️⃣ 6. Saw Palmetto Berries Co-op of Florida

Headquarters: Florida, USA
Key Offering: Wild-Harvested Florida Saw Palmetto Berries

This cooperative represents the interests of local harvesters who wild-harvest saw palmetto berries across Florida’s natural landscapes. They play a foundational role in the industry by aggregating supply, ensuring fair prices for harvesters, and promoting sustainable harvesting methods to protect native populations.

Quality and Sustainability Initiatives:

• Promotion of “Best Management Practices” for wild harvesting

• Education programs for harvesters on identifying peak ripeness and sustainable techniques

• Advocacy for the preservation of saw palmetto habitats

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4️⃣ 7. Valensa International

Headquarters: Eustis, Florida, USA
Key Offering: USPlus® Saw Palmetto Ingredient (Supercritical CO2 Extracted)

Valensa International is a science-driven ingredient manufacturer specializing in patented, highly bioavailable nutraceutical ingredients. Their USPlus® Saw Palmetto is produced using supercritical CO2 extraction, which preserves the full spectrum of beneficial lipids without using harsh solvents.

Quality and Sustainability Initiatives:

• Patent-protected extraction and stabilization technologies

• Focus on enhancing the bioavailability of active compounds

• Commitment to US-sourced raw materials and domestic manufacturing

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3️⃣ 8. Indena S.p.A.

Headquarters: Milan, Italy
Key Offering: High-Quality Botanical Extracts for Pharmaceutical and Nutraceutical Use

While Indena is a global leader in botanical extracts for pharmaceuticals, its expertise and quality standards extend to a wide range of ingredients, including saw palmetto. The company is known for its scientific approach, clinical research, and partnerships with major pharmaceutical companies.

Quality and Sustainability Initiatives:

• Pioneer in the development of Phytosome® delivery technology

• Strong focus on clinical research to validate ingredient efficacy

• Integrated supply chain with stringent quality controls from farming to finished product

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2️⃣ 9. Martin Bauer Group

Headquarters: Vestenbergsgreuth, Germany
Key Offering: Standardized Saw Palmetto Extracts for Tea Blends and Health Ingredients

The Martin Bauer Group is a world-leading supplier of plant-based ingredients for teas, beverages, and food supplements. Their product portfolio includes high-quality saw palmetto extracts tailored for various applications, backed by extensive expertise in botanical processing.

Quality and Sustainability Initiatives:

• Comprehensive sustainability program “NATURATECTURE” focusing on biodiversity

• Certifications including Organic, UTZ, and Fair for Life across various product lines

• Global production sites adhering to strict EU and international quality standards

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1️⃣ 10. Bio-Botanica® Inc.

Headquarters: Hauppauge, New York, USA
Key Offering: Saw Palmetto Liquid Extracts, Powdered Extracts, and Custom Blends

Bio-Botanica is a vertically integrated manufacturer of herbal extracts with a long history in the industry. The company offers a diverse range of saw palmetto products, utilizing various extraction methods to meet specific customer needs for the dietary supplement and natural products markets.

Quality and Sustainability Initiatives:

• Owns and operates an organic farm for research and cultivation

• Utilizes Bio-Chelated™ cold processing for heat-sensitive botanicals

• NSF/GMP Registered manufacturing facility

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🌱 Outlook: The Future of Saw Palmetto Is Rooted in Science and Sustainability

The saw palmetto market is evolving from a traditional herbal remedy to a scientifically validated ingredient. While demand for basic extracts remains strong, the industry is increasingly investing in clinical research, advanced extraction technologies, and transparent supply chains to meet the demands of discerning consumers and regulatory bodies.

📈 Key Trends Shaping the Market:

• Growing body of clinical research validating benefits for hair health and dermatological applications

• Rising consumer preference for organic, sustainably wild-harvested, and traceable ingredients

• Innovation in delivery systems (softgels, liquid formulations) to improve user experience and bioavailability

• Expansion into new geographic markets, particularly in Asia-Pacific, driven by growing health consciousness

Get Full Report Here:
Saw Palmetto Market – View in Detailed Research Report

The companies listed above are not only supplying a vital botanical ingredient—they are actively advancing the science, quality, and sustainability of the natural products industry.