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Phytosterols, which encompass plant sterols and stanols, are phytosteroids similar to cholesterol which occur in plants and vary only in carbon side chains and/or presence or absence of a double bond. Stanols are saturated sterols, having no double bonds in the sterol ring structure. More than 200 sterols and related compounds have been identified. Free phytosterols extracted from oils are insoluble in water, relatively insoluble in oil, and soluble in alcohols.
Phytosterol-enriched foods and dietary supplements have been marketed for decades. Despite well documented LDL cholesterol lowering effects, no scientifically proven evidence of any beneficial effect on cardiovascular disease (CVD) or overall mortality exists
Scope of the Report:
The Phytosterols industry is highly concentrated, the top four accounted for over 70% of the total demand in 2016, and high-end products mainly come from North America and Western Europe.
The global phytosterols market is estimated to reach 930 M USD by 2022, growing at an expected CAGR of 9.5% from 2017 to 2022. Europe phytosterols market accounted for over 50% of the global revenue generated in 2016. The regional market is also anticipated to grow at a CAGR of 9.3% over the forecast period. North America phytosterols market is estimated to reach over 14 kilo tons by 2022. And the Revenue is estimated to reach 300 M USD by 2022; China phytosterols market accounted for over 3.3% of the global revenue generated in 2022.
In 2016, ß-Sitosterol held the largest market share of over 60% of the global phytosterols market. The ß-Sitosterol is also projected to experience the maximum growth rate, at a projected CAGR of 9.6% from 2017 to 2022. It finds application in a large pool of medical applications which include prevention from cervical cancer, skin problems, and colon cancer. Strong application scope in fortified food & beverage industry for improving immune systems and reducing cholesterol level should drive industry growth. Favourable regulations by EFSA, FDA, and Health Canada approved fortification of phytosterols in various food products and dietary supplements are beneficial for industry growth.
The worldwide market for Phytosterols is expected to grow at a CAGR of roughly 9.5% over the next five years, will reach 930 million US$ in 2024, from 590 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Phytosterols in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Raisio
- BASF
- ADM
- Bunge
- Dupont
- Cargill
- Arboris
- DRT
- Gustav Parmentier
- Enzymotech
- Fenchem
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- ß-Sitosterol
- Campesterol
- Others
Market Segment by Applications, can be divided into
- Food and Beverage
- Medicine
- Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Phytosterols product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Phytosterols, with price, sales, revenue and global market share of Phytosterols in 2017 and 2018.
Chapter 3, the Phytosterols competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Phytosterols breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Phytosterols market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Phytosterols sales channel, distributors, customers, research findings and conclusion, appendix and data source.