The global demand for Phytosterols Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Phytosterols also known as plant sterols, is a natural bioactive compound having structure similar to cholesterol occurs. They are usually found in seeds, nuts, unrefined vegetable oils, whole grain and mainly consumed to block the absorption of cholesterol in the digestive system. The compound offers many health benefits in animals as well as humans such as reduction of cholesterol levels with decreased risk of coronary heart diseases, induction of apoptosis in cancer cells, anti-inflammatory activities, for disease prevention and treatment. Phytosterols interfere with the abdominal absorption of cholesterol by dislocating its molecule from micelles and facilitating its excretion, which helps in the reduction of the blood cholesterol level. This, in turn, helps in maintaining an overall healthy body by inhibiting conditions such as cancer types, obesity, and cardiovascular diseases.
The increasing prevalence of disorders, such as hypercholesterolemia and cancer are primary factors driving market growth. Consumers are increasingly demanding food products and dietary supplements that are rich in phytosterols due to their potential health benefits. Products such as milk, sausages, baked goods, yogurts, spreads and margarine are being fortified with the Phytosterols to enhance their nutritional content. Utilization of herbal and mineral extracts as food additives is also augmenting the product demand. Phytosterols are a crucial ingredient in dark chocolate formulations, which is a hugely popular confection item among the masses. The thriving cosmetic and skincare industry is fuelling growth. The cosmetic industry uses phytosterols in anti-ageing creams and lotions due to their skin-replenishing and anti-inflammatory properties. The market is experiencing robust innovations and growth in research and development (R&D) to enhance the therapeutic benefits.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of phytosterols.
The entire phytosterols market has been sub-categorized into product type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
- Food Ingredients
This section covers regional segmentation which accentuates on current and future demand for phytosterols market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Phytosterols Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the phytosterols market include Arboris, Archer Daniels Midland Company, BASF, Cargill, Cognis, Lipofoods, Matrix Fine Sciences, Pharmachem Laboratories Inc., Raisio Group, Unilever, etc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.