Global Phytosterols
Market Report
2024
Delivery Includes:- Market Timeline 2019 till 2031, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to cognitive market research, the global phytosterols market size was valued at USD xx billion in 2024 and is expected to reach USD xx billion at a CAGR of xx% during the forecast period.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Market Size | 121212 |
Country Market Size | 121212 |
North Americ Market Size | 121212 |
Europe Market Size | 121212 |
Asia Pacific Market Size | 121212 |
South America Market Size | 121212 |
Middle East and Africa Market Size | 121212 |
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Market Restrains:
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Market Split by Product |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Phytosterols Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Phytosterols are the fatty tissues of plants, which are present in their cell membranes. The highest amount of phytosterols is found in Brussels sprouts, lettuce, blueberry, and vegetable oils. Beta-sitosterol, campesterol, stigmasterol, ergosterols, and other compounds are examples of phytosterols. Their structure is similar to that of cholesterol, but because the human body absorbs phytosterols considerably less readily than cholesterol, there is a greater amount of them in diets. The worldwide phytosterols market is being driven by the rising consumer trend of mixing vitamins, herbal extracts, and minerals in fortified food.
All naturally occurring stanols and sterols generated from plants are referred to as "phytosterols." For everyday ingestion, these phytochemicals are added to meals or supplements. These substances prevent or lessen the absorption of harmful cholesterol by the digestive system in food items. In this approach, foods high in phytosterols can lower the risk of several well-known illnesses, particularly heart-related conditions like heart attacks and strokes. Because the molecular structures of plant sterols and the cholesterol the human body produces are similar, several study findings indicate that these compounds can help lower LDL or bad cholesterol levels. For this reason, these compounds also lower the risk of developing inflammatory illnesses and diabetes. Phytosterols are becoming more widely available on the market as a result of their use as additions in sauces, margarine, yogurt, and other dairy products. Due to the phytosterols' cardioprotective properties and the rising incidence of cardiovascular illnesses, their use in the creation of medications to treat heart conditions has been encouraged, which has increased market penetration.
An important driver of the phytosterol market's expansion is the rise in cardiovascular disease (CVD)-related fatalities. Globally, cardiovascular disease (CVD), which includes heart attacks, strokes, and other circulatory disorders, is the primary cause of early mortality. The Organisation for Economic Cooperation and Development (OECD) reports that about 670,000 fatalities (29% of all deaths) in Europe are caused by CVD each year. Seven million individuals in England alone suffer from CVD, which accounts for more than 25% of all fatalities annually, according to data from the Office of Health Improvement and Disparities. The usage of phytosterols in the pharmaceutical business has increased dramatically as a result of the increased prevalence of cardiovascular disease (CVD) since these compounds have been demonstrated to have preventative advantages against CVD. The Food and Drug Administration (FDA) and the European Union, among other regulatory organizations, have required manufacturers to mark goods with the number of phytosterols they contain and specify that they are only meant for use by people with heart disease.
(Source:https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Cardiovascular_diseases_statistics )
(Source:https://www.gov.uk/government/publications/cardiovascular-disease-prevention-applying-all-our-health/cardiovascular-disease-prevention-applying-all-our-health )
The growing trend in the market is mostly due to the increased demand for legumes, which are known for having a high concentration of important phytosterols. Because of their reputation for decreasing cholesterol, these plant-derived chemicals are well-liked by health-conscious customers. The large amounts of important phytosterols found in legumes such as chickpeas, lentils, and soybeans contribute to their commercial appeal and nutritional value. The increasing emphasis on health and well-being among consumers, together with technological developments in agriculture and processing, are driving this trend and increasing the market share of phytosterols.
• For instance, in February 2022, the AGtech startup Elicit Plant raised USD 17.26 million series, specializing in crop water resistance and creating cutting-edge phytosterol-based solutions. The money will be used to enhance the company’s R&D and international expansion plans for its phytosterol-based water stress solution, which enables farmers to adapt to the effects of climate change.
(Source:https://www.elicit-plant.com/wp-content/uploads/2023/09/elicit-plant-cp-seriesa-eng.pdf )
• For instance, on 5th February 2020, ADM completed its acquisition with Ziegler Group which is one of the leading European industry players in the phytosterols market. By this acquisition, the company has enhanced its nutrition portfolio and product penetration in the market.
(Source:https://www.ezag.com/fileadmin/ezag/user-uploads/pdf/analyses-englisch/BankM_Basisstudie_010409_engl_01.pdf )
Despite research demonstrating phytosterols' potential to reduce cardiovascular disorders, other experts have noted that increased phytosterol intake may exacerbate heart-related issues. Cooking oils at higher temperatures and for longer periods is affecting the phytosterols' retention, which is impeding the phytosterol market's expansion during the projected period. The expansion of the phytosterol market may be hampered, therefore, by the U.S. Food & Drug Administration's (FDA) stringent restrictions regarding phytosterol approvals and the high cost of products in developing nations. Furthermore, the phytosterol business may suffer if illiterate people are ignorant about the uses of phytosterols.
The phytosterols market has been severely impacted by COVID-19 in two primary ways: first, it has directly affected supply and demand, and second, it has disrupted the market and supply chain. Due to competition, phytosterols plant chemicals with a structure akin to cholesterol reduce the absorption of cholesterol in the small intestine. These are frequently suggested as a component of a heart-healthy diet, which will undoubtedly have a favorable impact on the market. However, a growing number of studies are acknowledging the potential of phytosterols, which means there is enough opportunity to rebalance the sector even with ongoing COVID-19 limitations. Multivariable analysis supported the negative correlations between COVID-19 prevalence and dietary consumption of secoisolariciresinol, total phytosterols, and stigmasterol, displaying extremely consistent and stable results after adjusting for several sets of plausible cofounders.
• For instance, a new study by authors from Poland has concluded that individuals who consume higher amounts of specific plant-derived compounds, such as polyphenols and particular types of lignans and phytosterols, are at reduced risk of contracting COVID-19.
(Source:https://www.nutraingredients.com/Article/2023/08/11/Intake-of-plant-compounds-linked-to-lower-COVID-19-risk )
The rising demand for natural dietary supplements among consumers is one of the main factors propelling the market. It has been demonstrated that phytosterols efficiently compete with dietary cholesterol in the digestive tract of humans by triggering the enzymes required for improved metabolism, which greatly lowers the absorption of cholesterol. Growing public knowledge of the harmful effects of conventional chemical compounds on health has led to a shift towards natural dietary supplements. Leading businesses are reacting to this trend by creating novel dietary supplements that include plant-based ingredients, such as phytosterols, to appeal to the health-conscious market. The market prognosis for phytosterols is favorable due to the trend towards natural components in dietary supplements, which meet customer desire for more natural and healthier solutions.
• For instance, in June 2022, Kensing LLC, a manufacturer of plant sterols, natural vitamin E, and high-purity surfactants, announced the acquisition of Vitae Naturals, a manufacturer of plant sterol esters and non-GMO vitamin E derivatives which have their applications in skincare, food, and nutrition end-use industry.
(Source:https://kensingsolutions.com/kensing-announces-acquisition-of-vitae-naturals/ )
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Many multinational and local phytosterol market firms are vying for a sizable position in the fiercely competitive global phytosterol industry. These major market players are putting into practice several strategic efforts, including growing their presence or setting up production facilities, to stay competitive. They get a competitive edge and a foothold in the market as a result. Moreover, these companies are augmenting their investments in research and development (R&D) to provide goods with enhanced functionality that aligns with customer preferences, expand their footprint, and maintain their market share.
Top Companies Market Share in Phytosterols Industry: (In no particular order of Rank)
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Due in large part to the rising demand for plant-based food items, Europe is set to lead the world market for phytosterols. The market for phytosterols is expanding in the area due to an increase in demand for food items enriched with plant-based ingredients. The region's strong customer demand for plant-derived and plant-based fortified food items is highlighted by this considerable market presence. Businesses are developing plant-sterol-infused products in an attempt to take advantage of phytosterols' ability to decrease cholesterol. Plant sterols have been added by UK-based Raisio to spreads, bars, yogurt drinks, and soft chews. Research on the purchasing habits of European consumers for foods with added phytosterols was released by Elsevier B.V. The results showed that households in the United Kingdom have the greatest penetration rate of foods containing added phytosterols (12.1%).
(Source:https://www.sciencedirect.com/science/article/pii/S0278691517305811)
The phytosterol market with the quickest rate of growth is Asia-Pacific. The main countries in Asia-Pacific that are driving the growth of the phytosterols market are China, India, Indonesia, and Singapore. The market demand is being increased by the accessibility of raw materials and the existence of several regional producers, like Matrix Fine Sciences and Pioneer Herbal. Due to increased knowledge of gut health and cardiovascular problems, Australia and New Zealand might see strong demand. The Asia-Pacific area is poised to become a significant player in the phytosterol market as consumer awareness grows as a result of digitalization. The market for phytosterols is being driven by consumers in nations like China, India, and Japan who are becoming more affluent and are shifting their diets to include more plant-based foods.
The current report Scope analyzes Phytosterols Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Phytosterols Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Phytosterols Industry growth. Phytosterols market has been segmented with the help of its Product, Application , and others. Phytosterols market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on product, beta-sitosterol accounted for the majority of market share due to the increased use of beta-sitosterol in the pharmaceutical industry, particularly in medication used to treat prostate diseases. Drugs for colon cancer, migraines, asthma, heart disease, lower urinary tract problems, and cholesterol-lowering all include beta-sitosterol. This particular kind of phytosterol is quite successful in preventing the intestines from absorbing cholesterol, which greatly improves cardiovascular health. Additionally, beta-sitosterols have been the subject of much investigation and are now recognized for their potential therapeutic advantages, which include immune-modulating and anti-inflammatory capabilities. Their dominance in the phytosterol industry is highlighted by their combination of effectiveness, accessibility, and widespread recognition in the scientific and medical sectors.
• For instance, in May 2020, BASF announced that it would partner with Aenova and Kappa to launch Vegapure, which is a plant sterol ester for application in food and food supplements within Europe. The additive helps in reducing the cholesterol value and has also received approval from EFSA (Europe Food Safety Authority).
(Source:https://www.efsa.europa.eu/en/efsajournal/pub/6135 )
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Phytosterols Industry. Request a Free Sample PDF!
Based on application, the pharmaceutical industry dominated the global market for phytosterols in 2024. Due to their many benefits, phytosterols are found in pills, lotions, and herbal medications. The market for phytosterols in medicinal formulations has been stimulated by rising instances of high cholesterol among the elderly, as well as by the prevalence of lifestyle diseases and other health issues. Over the course of the forecast period, it is anticipated to further drive the market segment's expansion. Because of their ability to decrease cholesterol, phytosterols are finding more and more use in functional foods and dietary supplements that support cardiovascular health. This market is further supported by customers' increased health-conscious desire for plant-based and fortified meals. Furthermore, the authorities' regulatory recognition of phytosterols as a safe food additive has made it easier for them to be widely used in food items, which has helped them to have a dominant market share.
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Phytosterols are the fatty tissues of plants, which are present in their cell membranes. The highest amount of phytosterols is found in Brussels sprouts, lettuce, blueberry, and vegetable oils. This market is further supported by customers' increased health-conscious desire for plant-based and fortified meals. Furthermore, the authorities' regulatory recognition of phytosterols as a safe food additive has made it easier for them to be widely used in food items, which has helped them to have a dominant market share. The large amounts of important phytosterols found in legumes such as chickpeas, lentils, and soybeans contribute to their commercial appeal and nutritional value.
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Product | Beta-Sitosterol, Campesterol, Stigmasterol, Other Product Types |
Application | Food and Beverages, Pharmaceuticals, Cosmetics, Dietary Supplements, Animal Feed |
List of Competitors | Raisio, BASF, Bunge, Pharmachem Laboratories, DuPont, Cargill, ADM, Arboris, HyPhyto, Gustav Parmentier, Lipofoods, ConnOils, LLC, PrimaPhrma, Vitae Naturals |
This chapter will help you gain GLOBAL Market Analysis of Phytosterols. Further deep in this chapter, you will be able to review Global Phytosterols Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
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Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
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Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
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Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Analysis 2019 -2031, will provide market size split by Product. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Phytosterols market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Beta-Sitosterol have a significant impact on Phytosterols market? |
What are the key factors affecting the Beta-Sitosterol and Campesterol of Phytosterols Market? |
What is the CAGR/Growth Rate of Food and Beverages during the forecast period? |
By type, which segment accounted for largest share of the global Phytosterols Market? |
Which region is expected to dominate the global Phytosterols Market within the forecast period? |
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