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Phytosterols Market Research Report

Phytosterols Market Research Report- Forecast

till 2023

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Phytosterols Market Research Report

Phytosterols Market Overview

Growing demand for supplements and food products prepared from plant sources

useful for preventing cardiovascular diseases, obesity, and other body weight-related

disorders has uplifted the demand for phytosterols. Among all, the beta-sitosterol is

being a majorly used ingredient in the preparation of food and supplements.

Increasing prevalence of diseases, for instance, cardiac arrest, artery blockage,

obesity, and many others has increased the application of phytosterols in various

industries such as dietary supplements, pharmaceuticals, and functional food &

beverages.

Global Phytosterols Market help in reduction and management of body weight and

prevent disorders like cardiovascular diseases, obesity, and unnecessary body fat

deposition. Continuously increasing obesity and other body weight related issues

across the globe have turned up an opportunity for supplements and functional food

and beverage industry to include plant-derived ingredients in their products, which

is driving the growth of the phytosterols market.

Increasing health awareness among the consumers is further adding fuel to the

growth of the phytosterols market. Additionally, high preference towards functional

food and beverages is increasing the demand for phytosterols. However, non-defined

stringent laws in the use of phytosterols in certain food & beverages may hinder the

market growth.

Key manufacturers are emphasizing on new product development in order to

enhance the customer base. Apart from that, the key players are promoting their

products through advertisements in television and social media, which, in turn, is

escalating the phytosterols demand. The global phytosterols market is expected to

grow at a CAGR of 8.7% during the forecast period, 2017-2023.

Downstream analysis

The Global Phytosterols Market Is Segmented into Type and Application.

Based on the type, it is segmented into beta-sitosterol, campesterol, stigmasterol,

and others. Among all, the beta-sitosterol segment is dominating the market.

Based on the application, it is segmented into food products, pharmaceuticals,

supplements, cosmetics, and others. Among all the applications, the food products

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Phytosterols Market Research Report

segment is dominating the market owing to rising demand for phytosterols in various

food preparations.

Key Players

The Major Players in The Phytosterols Market

• Cargill Inc. (U.S.)

• Archer-Daniels-Midland Company (U.S.)

• BASF SE (Germany)

• Bunge Ltd. (U.S.)

• E. I. du Pont de Nemours and Company (U.S.)

• Raisio Plc. (Finland)

• Pharmachem Laboratories, Inc. (U.S.)

• Gustav Parmentier Handeslgesellschaft GmbH (Germany)

• Arboris, LLC (U.S.)

• Danone (France)

Regional Analysis

The Global Phytosterols Market is segmented into North America, Europe, Asia

Pacific, and rest of the world (RoW). Europe is dominating the global market followed

by North America. Europe is accounted for a greater consumption of phytosterols in

supplements and food preparations owing to increasing rates of obese population

and other cardiovascular diseases. Additionally, the high demand for phytosterols in

functional food & beverages industry is a significant driving factor in this region.

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https://www.marketresearchfuture.com/reports/phytosterols-market-

5452

Furthermore, owing to increasing consumer awareness and high demand for

functional food & beverages supplemented with plant-derived products in Asia Pacific

countries such as India and China, the phytosterols market is expected to grow at a

steady pace. However, stringent regulations in the developed economies of North

America and Europe region are expected to restrain the market growth in these

regions.

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Phytosterols Market Research Report

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