Market Overview:
The global phytosterols market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising awareness about the health benefits of phytosterols, increasing demand for functional foods and beverages, and growing demand from emerging markets. Phytosterols are plant-based sterols that are found in small quantities in various fruits, vegetables, nuts, and seeds. These molecules have a similar structure to cholesterol and can help reduce levels of bad cholesterol (LDL) in the blood when consumed in adequate amounts. Phytosterols are also known to possess other health benefits such as reducing inflammation and preventing cancer.
Product Definition:
Phytosterols are a type of molecule that is found in plants. They have a similar structure to cholesterol, and they can be used to reduce the levels of cholesterol in the blood.
?-Sitosterol:
?-Sitosterol is a steroided form of sterol. It is found in plants and has been identified as an important element for the regulation of plant growth and development, especially in seed germination. ?-Sitosterol can be extracted from various plants including rice bran oil, soybean oil, palm kernel oil, wheat germ extract (trivette), oat bran oil (oatstraw), corn cobs/silage etc.
Campesterol:
Campesterol is a sterol found in plant foods. It is mainly extracted from s-allyl cysteine, but can also be derived from soybean oil and rice bran oil. It has been known to exhibit anti-carcinogenic properties and thus can help prevent the occurrence of cancer.
Application Insights:
On the basis of application, the global phytosterols market is segmented into food and beverage, medicine, cosmetics and personal care products, other applications including nutraceuticals and animal feed supplements are also accounted for in this study. Phytosterol is widely used as a nutritional supplement in various countries such as China Japan Australia New Zeeland Germany Canada France Belgium Netherlands Italy Switzerland Poland Russia Spain Sweden Ukraine Portugal Chile Brazil owing to its ability to reduce cholesterol levels.
The food and beverage segment dominated the overall industry with a share of over 40% in 2017 on account of high demand from emerging economies such as India China Indonesia Malaysia Philippines Thailand Vietnam owing to rising awareness regarding healthy lifestyle practices coupled with increasing health concerns among geriatric population groups worldwide. The growing importance of dietary supplements especially among working-class professionals globally will further boost product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 40.0% in 2017. This is attributed to high production as well as consumption rates of phytosterols within this region. China and India are among the top five producers globally, along with Brazil, Argentina, and South Africa (BASF). The BASF plant site is located in many countries across Asia Pacific including China, India, Thailand, and Japan.
North America accounted for a significant share owing to growing consumer awareness regarding health benefits associated with dietary supplements coupled with rising demand for food products free from synthetic additives like poly unsaturated fatty acids (PUFA) or cholesterol that affect cardiovascular system negatively. Moreover it has been observed that North Americans have one of the highest per capita consumption rates for foods rich in phytosterols such as blueberries & bilberries which further drives regional growth.
Growth Factors:
- Increasing awareness about the health benefits of phytosterols is expected to drive their demand in the near future.
- Rising prevalence of lifestyle diseases, such as obesity and heart disease, is anticipated to boost the uptake of phytosterols as a preventive measure.
- Growing use of phytosterols in functional foods and dietary supplements is projected to create lucrative opportunities for market players over the next few years.
- Increasing R&D investments for developing new applications of phytosterols are likely to propel their growth in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Phytosterols Market Research Report
By Type
?-Sitosterol, Campesterol, Others
By Application
Food and Beverage, Medicine, Others
By Companies
Raisio, BASF, ADM, Bunge, Dupont, Cargill, Arboris, DRT, Gustav Parmentier, Enzymotech, Fenchem
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Phytosterols Market Report Segments:
The global Phytosterols market is segmented on the basis of:
Types
?-Sitosterol, Campesterol, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverage, Medicine, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Raisio
- BASF
- ADM
- Bunge
- Dupont
- Cargill
- Arboris
- DRT
- Gustav Parmentier
- Enzymotech
- Fenchem
Highlights of The Phytosterols Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- ?-Sitosterol
- Campesterol
- Others
- By Application:
- Food and Beverage
- Medicine
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Phytosterols Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Phytosterols are a type of phytonutrient found in plant-based foods. They are cholesterol-lowering compounds that can help to reduce the risk of heart disease.
Some of the major companies in the phytosterols market are Raisio, BASF, ADM, Bunge, Dupont, Cargill, Arboris, DRT, Gustav Parmentier, Enzymotech, Fenchem.
The phytosterols market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Phytosterols Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Phytosterols Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Phytosterols Market - Supply Chain
4.5. Global Phytosterols Market Forecast
4.5.1. Phytosterols Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Phytosterols Market Size (000 Units) and Y-o-Y Growth
4.5.3. Phytosterols Market Absolute $ Opportunity
5. Global Phytosterols Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Phytosterols Market Size and Volume Forecast by Type
5.3.1. ?-Sitosterol
5.3.2. Campesterol
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Phytosterols Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Phytosterols Market Size and Volume Forecast by Application
6.3.1. Food and Beverage
6.3.2. Medicine
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Phytosterols Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Phytosterols Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Phytosterols Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Phytosterols Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Phytosterols Demand Share Forecast, 2019-2026
9. North America Phytosterols Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Phytosterols Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Phytosterols Market Size and Volume Forecast by Application
9.4.1. Food and Beverage
9.4.2. Medicine
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Phytosterols Market Size and Volume Forecast by Type
9.7.1. ?-Sitosterol
9.7.2. Campesterol
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Phytosterols Demand Share Forecast, 2019-2026
10. Latin America Phytosterols Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Phytosterols Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Phytosterols Market Size and Volume Forecast by Application
10.4.1. Food and Beverage
10.4.2. Medicine
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Phytosterols Market Size and Volume Forecast by Type
10.7.1. ?-Sitosterol
10.7.2. Campesterol
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Phytosterols Demand Share Forecast, 2019-2026
11. Europe Phytosterols Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Phytosterols Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Phytosterols Market Size and Volume Forecast by Application
11.4.1. Food and Beverage
11.4.2. Medicine
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Phytosterols Market Size and Volume Forecast by Type
11.7.1. ?-Sitosterol
11.7.2. Campesterol
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growh Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Phytosterols Demand Share, 2019-2026
12. Asia Pacific Phytosterols Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Phytosterols Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Phytosterols Market Size and Volume Forecast by Application
12.4.1. Food and Beverage
12.4.2. Medicine
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Phytosterols Market Size and Volume Forecast by Type
12.7.1. ?-Sitosterol
12.7.2. Campesterol
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Phytosterols Demand Share, 2019-2026
13. Middle East & Africa Phytosterols Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Phytosterols Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Phytosterols Market Size and Volume Forecast by Application
13.4.1. Food and Beverage
13.4.2. Medicine
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Phytosterols Market Size and Volume Forecast by Type
13.7.1. ?-Sitosterol
13.7.2. Campesterol
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Phytosterols Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Phytosterols Market: Market Share Analysis
14.2. Phytosterols Distributors and Customers
14.3. Phytosterols Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Raisio
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BASF
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ADM
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bunge
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Dupont
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cargill
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Arboris
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. DRT
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Gustav Parmentier
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Enzymotech
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Fenchem
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook