Global Phytosterols Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
Global Phytosterols Market Overview
"The Phytosterols Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031."
Phytosterols are plant sterol and stanol esters. Plant sterols and stanols occur naturally in lower level in grains, vegetables, fruits, legumes, nuts, and seeds. There are significant health benefits from phytosterols, such as lowering of blood cholesterol levels and plasma LDL.
Phytosterols and cholesterol are similar in structure and absorbed through the same mechanisms. When diet is high with phytosterols, the body tends to absorb less cholesterol. Consumption of foods enriched with phytosterols, may reduce the risk of heart diseases.
Increasing therapeutic benefit from phytosterols, rising incidence of cardiovascular disease, and growing awareness among health conscious consumer along with growing healthy food consumption habits, are key factors driving growth of the global phytosterols market. In addition, changing lifestyle resulting in obesity, high blood pressure, high consumption of packaged food due to hectic lifestyle, and increasing government support towards phytosterols and its related products are other factors expected to boost growth of the global phytosterols market over the forecast period.
However, adverse effect of phytosterols supplement such as ailments of gastrointestinal tract and liver are key factors restraining growth of the global phytosterols market. Additionally, high cost of phytosterols products, and shifting preference to substitutes are other factors expected to hamper growth of the global phytosterols market over the forecast period.
The market in Europe accounted for highest share in terms of revenue in the global phytosterols market, owing to increasing adoption of phytosterols across end-use industries such as pharmaceuticals, increasing government support and regulatory approvals. The market in North America accounted for the second highest share in revenue, owing to high prevalence of obesity, high blood pressure, and high consumption of packaged food, due to hectic lifestyle. The market in Asia Pacific is expected to witness fastest growth in terms of revenue, and is projected to register highest CAGR during the forecast period.
Global Phytosterols Market Segmentation:
Global phytosterols market segmentation by type:
Global phytosterols market segmentation by application:
Global phytosterols market segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Bunge Limited
- BASF SE
- Pharmachem Laboratories, Inc.
- I. du Pont de Nemours and Company
- Raisio Plc
- Triple Crown AB
- Archer-Daniels-Midland Company
- Arboris, LLC
- HyPhyto Inc.
- Cargill, Inc.
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