Phytosterols Market - Growth, Trends and Forecast (2019 - 2024)
|発行||Mordor Intelligence LLP||商品コード||389674|
|出版日||ページ情報||英文 90 Pages
|フィトステロールの世界市場：成長、動向、および予測（2019年～2024年） Phytosterols Market - Growth, Trends and Forecast (2019 - 2024)|
|出版日: 2019年05月01日||ページ情報: 英文 90 Pages||
The phytosterols market is forecasted to reach USD 1.01 billion by 2024, registering a CAGR of 8.6% during the forecast period (2019 - 2024).
Phytosterol is a collective term for plant-derived sterols and stanols that are found in the fatty tissues of plants. There are more than 200 different types of phytosterols, the highest concentrations of phytosterols are found naturally in beans, nuts and vegetable oils. The scope of the global phytosterol market includes various types such as beta-estosterol, campesterol, stigmasterol, and other types. By Application, the phytosterols market has been segmented into food and beverages, dietary supplements, pharmaceuticals, cosmetics, and animal feed.
Potential of Plant Sterols in Nutraceuticals
Plant sterols have potential health benefits, which has led them to be increasingly used in the pharmaceutical and nutraceutical industries. The increased demand for nutraceuticals among the consumers, is thus, driving the global phytosterol market. Phytosterols possess innumerable beneficial therapeutic properties. Hence, the concept of utilizing phytosterols as nutraceuticals is gradually emerging and gaining considerable interest.
Asia-Pacific Fastest Growing Market
Considering the geographical derivation, European countries lead the market, especially as there is an expansion of the phytosterol market in Europe, due to an increase in demand for non-GMO products. The European Union has made it mandatory for the manufacturers to label their products with the content of phytosterol in the product and that it was only for the usage of consumers with heart diseases. Asia-Pacific and North America are also likely to show significant potential during 2019-2024 due to the key benefits of phytosterols in cancer treatments as well as blood cholesterol control. T
The global phytosterol market is competitive, with a significant presence of numerous global and regional players. ADM, BASF, DuPont, and Cargill are the leading players in the global phytosterol market. The leading companies are gaining momentum in the global market, by making increased use of tall and vegetable oils as a source of extraction. Tall oil phytosterol esters can be evenly dispersed through products, such as reduced-fat cheese. BASF, ADM, Arboris LLC, Advanced Organic Materials SA, Matrix Fine Sciences Pvt Ltd, and Lipofoods SLU are the most active companies, in terms of new product launches, expansions, and partnerships.