Phytosterols Market Expected to Exhibit a CAGR of 10% during 2015-2021

Transparency Market Research states that the competition in the global phytosterols market is quite consolidated. Archer Daniels Midlands Co., BASF SE, and Raisio plc are the leading players in the global market, dictating the nature of the competition. The research report states that the companies are focused on product innovation and differentiation to stay ahead of the competition. In the coming years, companies are expected to tap into the lucrative opportunities being provided by the food and beverages market.

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According to Transparency Market Research, the global phytosterols market is expected to be worth US$926.7 mn by the end of 2021. During the forecast period of 2015 to 2021, the global market is expected to exhibit a CAGR of 10%. In terms of geography, Europe phytosterols market is expected to dominate the global market. The growth of this regional market can be attributed to the growing awareness about the benefits of using phytosterols. In the coming years, the demand for phytosterols is expected to remain high in the food and beverages industry as phytosterols-rich food has gained popularity for having cholesterol-lowering properties.

Fight against Obesity Draws Attention to Consumption of Phytosterols

The research report states that the high incidence of cardiovascular diseases has made the global population think twice about their dietary habits. The change in thought has been the primary driver for the growing attention to the benefits of phytosterols. Phytosterols are an important molecule derived from plants. The biggest advantage is their cholesterol-reducing ability. Owing to this very reason they are extensively being used in pharmaceutical and food and beverages industry. Several food and beverages vendors are adding phytosterols to their products to suit the needs of health-conscious consumers.

The increasing awareness amongst consumers about the risk of diseases due to high or uncontrolled cholesterol is expected to play a crucial role in spiking the demand for phytosterols in the coming years. In the developed regions of the world the growing epidemic of obesity is expected to create numerous cardiac patients. With this trend, analysts expect the demand for phytosterols will rise. Phytosterols are known to act as blockades, which means they avert the absorption of cholesterols in the blood stream.

On the other hand, developing nations such as China and India noted to show a high demand for phytosterols as the countries aim to achieve a better heart health for their citizens. In addition to the pharmaceutical and the food and beverages industry, the cosmetics industry is also expected to be an important user of phytosterols.

Lack of Resources and Awareness Could be Biggest Challenge for Global Phytosterols Market

On the flip side, the global phytosterols market faces some tough challenges. For instance, the lack of awareness about this helpful molecule in the developing and rural parts of the world is expected to be the greatest challenge for the market. It is a well-known fact that phytosterols are found in nuts, beans, and vegetable oils, which remain beyond the purchasing power of many in developing parts of the world. Thus, these factors could be a serious challenge to the global market in the coming years.

Phytosterols Market Expected to be Worth US$926.7 mn by the end of 2021

Transparency Market Research states that the competition in the global phytosterols market is quite consolidated. Archer Daniels Midlands Co., BASF SE, and Raisio plc are the leading players in the global market, dictating the nature of the competition. The research report states that the companies are focused on product innovation and differentiation to stay ahead of the competition. In the coming years, companies are expected to tap into the lucrative opportunities being provided by the food and beverages market.

Request Sample For More Information @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=747

According to Transparency Market Research, the global phytosterols market is expected to be worth US$926.7 mn by the end of 2021. During the forecast period of 2015 to 2021, the global market is expected to exhibit a CAGR of 10%. In terms of geography, Europe phytosterols market is expected to dominate the global market. The growth of this regional market can be attributed to the growing awareness about the benefits of using phytosterols. In the coming years, the demand for phytosterols is expected to remain high in the food and beverages industry as phytosterols-rich food has gained popularity for having cholesterol-lowering properties.

Fight against Obesity Draws Attention to Consumption of Phytosterols

The research report states that the high incidence of cardiovascular diseases has made the global population think twice about their dietary habits. The change in thought has been the primary driver for the growing attention to the benefits of phytosterols. Phytosterols are an important molecule derived from plants. The biggest advantage is their cholesterol-reducing ability. Owing to this very reason they are extensively being used in pharmaceutical and food and beverages industry. Several food and beverages vendors are adding phytosterols to their products to suit the needs of health-conscious consumers.

The increasing awareness amongst consumers about the risk of diseases due to high or uncontrolled cholesterol is expected to play a crucial role in spiking the demand for phytosterols in the coming years. In the developed regions of the world the growing epidemic of obesity is expected to create numerous cardiac patients. With this trend, analysts expect the demand for phytosterols will rise. Phytosterols are known to act as blockades, which means they avert the absorption of cholesterols in the blood stream.

On the other hand, developing nations such as China and India noted to show a high demand for phytosterols as the countries aim to achieve a better heart health for their citizens. In addition to the pharmaceutical and the food and beverages industry, the cosmetics industry is also expected to be an important user of phytosterols.

Lack of Resources and Awareness Could be Biggest Challenge for Global Phytosterols Market

On the flip side, the global phytosterols market faces some tough challenges. For instance, the lack of awareness about this helpful molecule in the developing and rural parts of the world is expected to be the greatest challenge for the market. It is a well-known fact that phytosterols are found in nuts, beans, and vegetable oils, which remain beyond the purchasing power of many in developing parts of the world. Thus, these factors could be a serious challenge to the global market in the coming years.

Phytosterols Market Revenue, Opportunity, Forecast and Value Chain 2015-2021

Recent technological advancements have made phytosterols fit for commercial extraction. In the last few years demand for phytosterols has considerably increased across developed countries as they witness a high incidence of heart diseases. Despite being structurally quite similar to cholesterols, phytosterols have cholesterol lowering properties. The knowledge regarding the same has been fuelling their demand across countries with high prevalence of obesity, which is a primary cause of heart diseases.

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However, as per Transparency Market Research (TMR), the phytosterols market is yet to establish a strong footprint across developing countries. The inadequate awareness about the intrinsic health benefits of phytosterols limits scope for the market’s growth across these regions.

Nevertheless, the prospects for the market in Asia Pacific seem very lucrative, as India and China witness a rising incidence of coronary heart diseases. Spurred by these factors, the global phytosterols market is expected to report a CAGR of 10% between 2015 and 2021. The market is expected to reach US$926.7 mn in 2021 from a valuation of US$473.8 in 2014.

Use of Phytosterols as Food Ingredients to Increase Rapidly

Phytosterols exhibit diverse applications across industries such as pharmaceuticals, cosmetics, and food and beverages. In 2014, the use of phytosterols as food ingredients held the largest market share in terms of value. According to TMR, demand from food ingredients segment accounted for over 50.45% of the market in 2014. The rising use of phytosterols as food ingredients due to their cholesterol lower properties is expected to fuel demand from the segment during the forecast period. Manufacturers operating in the food and beverages industry are including phytosterols in many of their food products to cater to their consumers’ health requirements.

However, during the forecast period demand from the pharmaceuticals segment is expected to rise at the highest rate. The increasing awareness among consumers about the benefits of phytosterols in reducing the risk of heart diseases is fuelling demand from the segment. Furthermore, the incidence of heart ailments is expected to increase in India and China, thereby escalating phytosterols demand from these countries.

Besides this, the cosmetics industry is a niche segment in the global phytosterols market. However, the demand from this segment is also expected to rise in the forthcoming years. The rising disposable income of consumers will be the primary factor bolstering use of phytosterols in the cosmetics industry.

Europe and North America Emerge as Most Lucrative Markets for Phytosterols

Geographically, Europe accounted for 40.27% of the demand witnessed in the global phytosterols market in 2014. The increasing application of phytosterols across end-use industries such as pharmaceuticals, cosmetics, and food and beverages has been fuelling demand for phytosterols from the region. Besides this, the increasing incidence of coronary heart diseases is a key factor fuelling demand for phytosterols from Europe and North America, alike.

The high prevalence of obesity has emerged as a major cause of concern for policymakers in North America. Since phytosterols are cholesterol reducing agents, they are considered ideal for preventing increased cholesterol level in human body. Their demand is thus expected to increase substantially across these developed regions through the forecast period.

In contrast, the lack of awareness about the benefits of phytosterols is limiting the market’s expansion across Asia Pacific and Rest of the World (RoW). However, TMR, expects, the phytosterols market in Rest of the World to rise at the highest pace during the forecast period. The rising disposable income of consumers in RoW has led them to upgrade their lifestyle. This will subsequently boost prospects for the phytosterols market.

Some of key players operating in the market are Archer Daniels Midland Co., BASF SE, Bunge Ltd, Triple Crown AB, E.I. DuPont De Nemours, Pharmachem Laboratories, and others.

Phytosterols Market: Spike in Phytosterols Demand Expected as Prevalence of Heart Diseases Increases Globally

Transparency Market Research (TMR) has announced the addition of a new market study on the global phytosterols market. The report is titled “Phytosterols Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021.”According to the report, the global phytosterols market, which was valued at US$473.8 mn in 2014, which is expected to reach US$926.7 mn by 2021, expanding at a 10.0% CAGR between 2015 and 2021. In terms of volume, the global phytosterols market was valued at 17.99 mn tons in 2014 and is expected to increase to 32 mn tons by 2021 expanding at a CAGR 8.6% during the forecast period.

Phytosterols, or plant sterols, are found in cell membranes of plants and are structurally similar to cholesterol in human body. While cholesterols get absorbed in the blood and increase the level of cholesterol in human bodies, phytosterols are not absorbed by the body. In fact, phytosterols prevent cholesterol from being absorbed by the body, thus reducing the level of triglyceride in the human body.

The rising incidences of deaths due to cardiovascular diseases are one of the prime drivers of the phytosterols market. A large number of people living in developed regions such as Europe and North America suffer from coronary heart diseases. This is acting as a major factor propelling the phytosterols market as phytosterols block the absorption of cholesterol, which is one of the leading causes of coronary heart diseases.

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The global phytosterols market faces many challenges, one of them being the lack of awareness about the health benefits of phytosterols among the people living in China, India, and other developing countries. The lack of government support is also hampering the growth of the global phytosterols market. The availability of omega-3 fatty acids is affecting the global phytosterols market adversely.

The global phytosterols market is segmented on the basis of product, application, and geography. On the basis of region, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. Of these, Europe dominated the market in 2014, accounting for a share of 40% in the global phytosterols market. North America was the second-largest market for phytosterols in 2014, but the Rest of the World is expected to be the fastest growing market between 2015 and 2021.

On the basis of product, the market is segmented into stigmasterol, B-sitosterol, campesterol, and others. Of these, the B-sitosterol segment held the largest share in the global phytosterols market. Campesterol accounted for the second-largest share in the global market and is expected to continue to witness significant growth in the coming years. The growth of the campesterol segment is expected due to the anti-inflammatory properties of campesterol.

The report profiles the leading vendors operating in the global phytosterols market such as Raisio plc, Archer Daniels Midlands Co, BASF SE, Cargill Inc, Bunge Ltd, Arboris LLC, and Pharmachem Laboratories.

The market has been segmented as follows:

Product

• B-sitosterol
• Campesterol
• Stigmasterol
• Others

Application

• Food Ingredients
• Pharmaceuticals
• Cosmetics

Rising Prevalence of Heart Disease, Obesity, and Cancer Powering Growth of Global Phytosterols Market

Phytosterols, which are pegged as “heart-healthy” nutrients, are related to cholesterol vis-a-vis structural behavior and functionality. They are steroid compounds extracted from plants and find application as additives in a range of food products, including spreads, cold cuts, margarine, spicy sauces, milk sausages, yogurts, and bakery products. Phytosterols compete with cholesterols during absorption in the intestines and hence end up lowering cholesterol intake and consequently, the cholesterol level in the human body. Because of this benefit, its market has seen significant growth in the recent past.

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The market for global phytosterols market is expected to exhibit a robust CAGR of 10.0% from 2015 to 2021, to reach a value of US$0.927 bn in 2021.

How has beta-sitosterol managed to witness promising growth thus far?

The different phytosterol products in the market are campesterol, beta-sitosterol, and stigmasterol, among others. Among them, beta-sitosterol has seen blockbuster sales so far due to its use in a wide array medicines that are meant to counter heart disease, strengthen the immune system, and thwart cancer of the colon, skin, and cervix, among others. In fact, the US Food and Drug Administration (FDA) even allows manufacturers to claim that foods having beta-sitosterol have the ability to lower risk of coronary heart disease (CHD). Because of all these reasons, beta-sitosterol is expected to extend its winning run in the upcoming years too.

Which are the sectors that are anticipated to generate maximum demand for phytosterols?

Phytosterols find application across sectors such as cosmetics, pharmaceuticals, and food and beverages. As food ingredients, however, phytosterols found maximum use in 2014. Demand from the food ingredients sector, because of their ability to lower cholesterol, resulted in over 50.45% of the market in 2014. In the upcoming years between 2015 and 2021, however, demand from the pharmaceuticals sector is projected to outpace that from the food sector. Besides this, the growing disposable income of people worldwide will also lend to the demand for phytosterols from the cosmetics industry.

What are the reasons behind Europe and North America’s lead in the global phytosterol market?

Geography-wise, Europe held a dominant share of over 40% in the global market for phytosterols in 2014. This was mainly due to the use of phytosterols across industries such as food and beverages, pharmaceuticals, and cosmetics in the region. This, alongside the growing prevalence of coronary heart diseases, has boosted the demand for phytosterols in Europe as well as North America. Obesity concerns have also propelled the market in North America.

So far the market for phytosterols has experienced lacklustre growth in Asia Pacific and Rest of the World (RoW), owing to a lack of awareness about its benefits. However, the markets will soon pick up steam to clock maximum growth in the coming years due to the rising disposable income and improved lifestyle of people in the region. 

Phytosterols Market is Expected to reach US$926.7 mn by 2021, Expanding at a 10.0% CAGR between 2015 & 2021

Recent technological advancements have made phytosterols fit for commercial extraction. In the last few years demand for phytosterols has considerably increased across developed countries as they witness a high incidence of heart diseases. Despite being structurally quite similar to cholesterols, phytosterols have cholesterol lowering properties. The knowledge regarding the same has been fuelling their demand across countries with high prevalence of obesity, which is a primary cause of heart diseases.

View exclusive Global strategic Business report :http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=747

However, as per Transparency Market Research (TMR), the phytosterols market is yet to establish a strong footprint across developing countries. The inadequate awareness about the intrinsic health benefits of phytosterols limits scope for the market’s growth across these regions.

Nevertheless, the prospects for the market in Asia Pacific seem very lucrative, as India and China witness a rising incidence of coronary heart diseases. Spurred by these factors, the global phytosterols market is expected to report a CAGR of 10% between 2015 and 2021. The market is expected to reach US$926.7 mn in 2021 from a valuation of US$473.8 in 2014.

Use of Phytosterols as Food Ingredients to Increase Rapidly

Phytosterols exhibit diverse applications across industries such as pharmaceuticals, cosmetics, and food and beverages. In 2014, the use of phytosterols as food ingredients held the largest market share in terms of value. According to TMR, demand from food ingredients segment accounted for over 50.45% of the market in 2014. The rising use of phytosterols as food ingredients due to their cholesterol lower properties is expected to fuel demand from the segment during the forecast period. Manufacturers operating in the food and beverages industry are including phytosterols in many of their food products to cater to their consumers’ health requirements.

However, during the forecast period demand from the pharmaceuticals segment is expected to rise at the highest rate. The increasing awareness among consumers about the benefits of phytosterols in reducing the risk of heart diseases is fuelling demand from the segment. Furthermore, the incidence of heart ailments is expected to increase in India and China, thereby escalating phytosterols demand from these countries.

Besides this, the cosmetics industry is a niche segment in the global phytosterols market. However, the demand from this segment is also expected to rise in the forthcoming years. The rising disposable income of consumers will be the primary factor bolstering use of phytosterols in the cosmetics industry.

Europe and North America Emerge as Most Lucrative Markets for Phytosterols

Geographically, Europe accounted for 40.27% of the demand witnessed in the global phytosterols market in 2014. The increasing application of phytosterols across end-use industries such as pharmaceuticals, cosmetics, and food and beverages has been fuelling demand for phytosterols from the region. Besides this, the increasing incidence of coronary heart diseases is a key factor fuelling demand for phytosterols from Europe and North America, alike.

The high prevalence of obesity has emerged as a major cause of concern for policymakers in North America. Since phytosterols are cholesterol reducing agents, they are considered ideal for preventing increased cholesterol level in human body. Their demand is thus expected to increase substantially across these developed regions through the forecast period.

In contrast, the lack of awareness about the benefits of phytosterols is limiting the market’s expansion across Asia Pacific and Rest of the World (RoW). However, TMR, expects, the phytosterols market in Rest of the World to rise at the highest pace during the forecast period. The rising disposable income of consumers in RoW has led them to upgrade their lifestyle. This will subsequently boost prospects for the phytosterols market.

Some of key players operating in the market are Archer Daniels Midland Co., BASF SE, Bunge Ltd, Triple Crown AB, E.I. DuPont De Nemours, Pharmachem Laboratories, and others. 

Phytosterols Market is Expected to Rise to an Annual Revenue Figure of US$926.7 mn by 2021

The phytosterols market is expected to witness a significant growth during the forecast period especially in the developing countries such as India and China. Consumer awareness for health and wellness along with the adoption of a healthier lifestyle is fuelling the demand for phytosterols market in these regions.

Phytosterols are inclusive of plant sterols and plant stanols. Saturated sterols, which lack double bond in the sterol ring are called stanols. Phytosterols resemble cholesterols, but the variation is visible in the carbon side chain and the prevalence or absence of a carbon double bond. The main difference between phytosterols and cholesterol lies in the absorption levels in the blood stream. Cholesterols are absorbed in the blood, thereby increasing the cholesterol level in the human body which in turn increases the incidences of coronary heart diseases. Phytosterols, on the other hand are not absorbed by the body and are present at low levels. Due to their chemical resemblance, phytosterols block cholesterol from being absorbed by the blood, thereby reducing the triglyceride level in the human body.

Rising incidences of deaths due to cardiovascular diseases especially in the developed regions such as Europe and North America is propelling the demand for the phytosterols. Phytosterols are almost similar to cholesterols, but they act as blockages for cholesterol and prevent the absorption of the same in the blood stream. This reduces the triglyceride level in the human body, which in turn reduces the incidences of coronary heart diseases.

Availability of omega 3 fatty acids (EPA/DHA) is impeding the growth of the global phytosterols market as the market share of omega 3 fatty acids is more compared to phytosterols, due to which the manufacturers are shifting towards omega 3 fatty acid ingredients. Lack of support from the governing bodies in the developing regions such as Asia Pacific and Middle East regarding the health benefits offered by phytosterols is impeding the growth of the phytosterols market. This has led to the low awareness about the benefits of phytosterols among the consumers in the developing regions.

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B-sitosterol held the largest market share in the global phytosterols market on account of the widespread availability of its source. Campesterol accounted for the second largest market share in the global phytosterols market and it is expected to witness a significant growth owing to its anti-inflammatory properties. The others segment is inclusive ergosterol and brassicasterol and this segment accounted for the lowest market share in 2014.

Europe dominated the global phytosterols market with a market share of over 40% and is expected to retain its position in the future. North America is the second largest market for phytosterols. However, Rest of the World is the fastest growing market for phytosterols. The rapid growth is mainly attributed to the increasing awareness of the consumers about the benefits of phytosterols. The increasing consumption of phytosterol fortified products in medical application owing to the growing number of coronary heart diseases is also fuelling the demand for the phytosterols market in Rest of the World.

The global phytosterols market is marked by some tough competition from the major players operating in this market. Frequent mergers and acquisitions, partnerships, and joint ventures among others are some of the major strategies adopted by these players to sustain in the global phytosterols market. Archer Daniels Midlands Co, BASF SE, Bunge Ltd, Cargill Inc, Raisio plc, Arboris LLC, Pharmachem Laboratories are some of the major players operating in the global phytosterols market.

Global Phytosterols Market to Expand at 10% CAGR from 2014 to 2021 owing to Rising Prevalence of Cardiovascular Diseases

Transparency Market Research (TMR) has announced the addition of a new market study on the global phytosterols market. The report is titled “Phytosterols Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021.”According to the report, the global phytosterols market, which was valued at US$473.8 mn in 2014, which is expected to reach US$926.7 mn by 2021, expanding at a 10.0% CAGR between 2015 and 2021. In terms of volume, the global phytosterols market was valued at 17.99 mn tons in 2014 and is expected to increase to 32 mn tons by 2021 expanding at a CAGR 8.6% during the forecast period.

Phytosterols, or plant sterols, are found in cell membranes of plants and are structurally similar to cholesterol in human body. While cholesterols get absorbed in the blood and increase the level of cholesterol in human bodies, phytosterols are not absorbed by the body. In fact, phytosterols prevent cholesterol from being absorbed by the body, thus reducing the level of triglyceride in the human body.

The rising incidences of deaths due to cardiovascular diseases are one of the prime drivers of the phytosterols market. A large number of people living in developed regions such as Europe and North America suffer from coronary heart diseases. This is acting as a major factor propelling the phytosterols market as phytosterols block the absorption of cholesterol, which is one of the leading causes of coronary heart diseases.

The global phytosterols market faces many challenges, one of them being the lack of awareness about the health benefits of phytosterols among the people living in China, India, and other developing countries. The lack of government support is also hampering the growth of the global phytosterols market. The availability of omega-3 fatty acids is affecting the global phytosterols market adversely.

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The global phytosterols market is segmented on the basis of product, application, and geography. On the basis of region, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. Of these, Europe dominated the market in 2014, accounting for a share of 40% in the global phytosterols market. North America was the second-largest market for phytosterols in 2014, but the Rest of the World is expected to be the fastest growing market between 2015 and 2021.

On the basis of product, the market is segmented into stigmasterol, B-sitosterol, campesterol, and others. Of these, the B-sitosterol segment held the largest share in the global phytosterols market. Campesterol accounted for the second-largest share in the global market and is expected to continue to witness significant growth in the coming years. The growth of the campesterol segment is expected due to the anti-inflammatory properties of campesterol.

The report profiles the leading vendors operating in the global phytosterols market such as Raisio plc, Archer Daniels Midlands Co, BASF SE, Cargill Inc, Bunge Ltd, Arboris LLC, and Pharmachem Laboratories.

The market has been segmented as follows:

Product

• B-sitosterol
• Campesterol
• Stigmasterol
• Others

Application

• Food Ingredients
• Pharmaceuticals
• Cosmetics

Geography

North America

• The U.S.
• Canada
• Mexico

Europe

• Germany
• U.K.
• France
• Italy
• Rest of Europe

Asia Pacific

• India
• China
• Japan
• Rest of Asia Pacific

Rest of the World (RoW)

•   Middle East
• Latin America
• Africa

Phytosterols Market to Rise due to Consumers Inclination towards a Healthy Lifestyle

Phytosterols are steroid compounds and are very similar to cholesterol. They are found in plants and are naturally present in oils, pulses, and dried fruits. They can’t be synthesized by animals and humans and this is why they need to be a part of human diet. Phytosterols comprise a chemical structure just like cholesterol, but phytosterols’ absorption in the human body is much less as compared to cholesterol. In terms of application, the global phytosterols market is segmented into pharmaceuticals, food ingredients, and cosmetics. They are broadly utilized as food additives in various beverages and foods, such as sausages, yoghurt, milk, bakery products, cold cuts, spreads, margarines, etc.

Consumer Awareness on Health Benefits of Phytosterols to Boost Global Phytosterols Market

There are a number of factors accelerating the demand for phytosterols, such as the increasing occurrence of deaths owing to cardiovascular diseases, particularly in emerging regions such as Asia Pacific. In addition, consumer awareness on health and wellness and resultant inclination towards a healthy lifestyle is further stimulating the demand for phytosterols. The favorable regulatory scenario in several countries is also promoting their utilization within nutraceuticals and functional food and this is predicted to have a positive impact on the phytosterols market in the coming years.

B-Sitosterol Led Phytosterols Market due to Extensive Source Availability

On the basis of product type, the phytosterols market is segmented into B-sitosterol, stigmasterol, campesterol, and others. Amongst these product segments, B-sitosterol dominated the phytosterols market due to its extensive source availability. On the other hand, campesterol held the second biggest share in the market and the market for the same is anticipated to experience exponential development in the coming years due to its anti-inflammatory properties.

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Presence of Omega 3 Fatty Acids to Restrain Growth of Global Phytosterols Market

Nonetheless, the growing presence of the omega 3 fatty acids market is restraining the development of the phytosterols market, due to the fact that many key manufacturers have shifted their focus away from phytosterols and towards omega 3 fatty acids. Furthermore, the absence of support from government bodies in promoting the health benefits of phytosterols within emerging regions such as the Middle East and Asia Pacific is inhibiting the growth of the phytosterols market.

Europe Phytosterols Market Represented the Highest Market Share of 40%

On the basis of geography, the global phytosterols market is segmented into Europe, North America, Asia Pacific, and Rest of the World (RoW). Amongst these, Europe held the biggest share of more than 40% and was trailed by North America. Europe is predicted to maintain its superiority in the coming years. On the other hand, RoW is the most swiftly developing phytosterols market due to the rising awareness on the health benefits of phytosterols amongst the consumers residing in this region. In addition, the rising consumption of phytosterol-fortified products in medical applications due to the increasing count of coronary heart diseases is further stimulating the demand for phytosterols in RoW.Key players in the phytosterols market include BASF SE, Archer Daniels Midlands Co, Bunge Ltd, Raisio plc, Cargill Inc, Pharmachem Laboratories, and Arboris LLC.

Global Phytosterols Market Revenue Rising at 10% CAGR 2015-2021

According to a new market report published by Transparency Market Research “Phytosterols Market by Types ((B-sitosterol, Campesterol, Stigmasterol and Others (Ergosterol and Brassicasterol) by Application (Food Ingredients, Pharmaceuticals, Cosmetics)) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2021,” The phytosterols market, in terms of revenue was valued at USD 473.8 million in 2014, which is expected to reach USD 926.7 million by 2021, growing at a CAGR of 10.0% from 2015 to 2021. However, in terms of volume, the global phytosterols market was valued at 17.99 million tons in 2014 which is expected to increase to 32 million tons by 2021 growing at a CAGR 8.6% over the forecast period.

Phytosterols are steroid compounds possessing cholesterol like molecules that are found in all plant foods. Consumption of phytosterols in a wide variety of foods has been an imperative factor in reducing the cholesterol level in the human body. Products such as B-sitosterol, Stigmasterol, Campesterol find application in food ingredients, pharmaceuticals and cosmetics.

The global phytosterols market has been segmented on the basis of geography into North America, Europe, Asia Pacific and Rest of the World (RoW). Europe dominated the global phytosterols market accounting for more than a quarter of the market. High production of phytosterols in Europe is the major factor driving the demand for the phytosterols market in Europe. Further, owing to the increasing awareness for health and wellness among the consumers, they are looking towards the consumption of phytosterol fortified food products as well as cosmetic items and pharmaceutical products. Europe is also the fastest growing market for phytosterols compared to the other regions.

North America held the second largest market share in the global phtyosterols market. However, this market is expected to have a slow growth rate owing to the presence of other substances such as Omega-3 in the supplement industry. U.S. is the major market for phytosterols in North America followed by Mexico.

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The demand for phytosterols in Asia Pacific is low compared to the other regions owing to the lack of awareness about the benefits of phytosterols among the consumers. Additionally, lack of support from the government regarding the promotion of phytosterols is impeding the growth of this market. However, this region has the potential to be one of the major markets for phytosterols due to its rapid growth rate.

Rest of the world (RoW) includes Middle East, Latin America and Africa. This region accounted for the lowest market share, but it is the fastest growing market for phytosterols. The rapid growth rate is attributed to the rising disposable income of the consumers and the increasing awareness regarding health and wellness among the consumers, and the urge for the adoption of a healthier lifestyle.

Archer Daniels Midlands Co, BASF SE, Bunge Ltd, Cargill Inc, E.I. DuPont De Nemours, Raisio plc are some of the major players operating in the global phytosterols market.

The report covers phytosterols market and provides estimates in terms of revenue (USD million) and volume (million tons) from 2015 to 2021. Market estimates on the basis of product type and application type have also been provided for each region.

The market has been segmented as follows:

Global Phytosterols Market, by Product Type

• B-sitosterol
• Campesterol
• Stigmasterol
• Others

Global Phytosterols Market, by Application Type

• Food Ingredients
• Pharmaceuticals
• Cosmetics

Global Phytosterols Market, by Geography/Country

• North America

• The U.S.
• Canada
• Mexico

• Europe

• Germany
• U.K.
• France
• Italy
• Rest of Europe

• Asia Pacific

• India
• China
• Japan
• Rest of Asia Pacific

• Rest of the World (RoW)

• Middle East
• Latin America
• Africa

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Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

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Phytosterols Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2021

According to a new market report published by Transparency Market Research Phytosterols Market for Pharmaceuticals, Cosmetics and Food Ingredients - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021, The phytosterols market, in terms of revenue was valued at US$473.8 mn in 2014, which is expected to reach US$926.7 mn by 2021, growing at a CAGR of 10.0% from 2015 to 2021. However, in terms of volume, the global phytosterols market was valued at 17.99 million tons in 2014 which is expected to increase to 32 million tons by 2021 growing at a CAGR 8.6% over the forecast period.

Browse the full Phytosterols Market report at : http://www.transparencymarketresearch.com/phytosterols-market.html

Increasing incidences of coronary heart diseases among the residents in the developed regions such as North America and Europe is the major factor propelling the growth of the global phytosterols market. Phytosterols though structurally similar to cholesterol, act as blockages for cholesterol. Phytosterols reduce the triglyceride level in the human body, thereby reducing the chances of coronary heart diseases.

Consumers residing in India and China and the other developing countries are still unaware about the health benefits offered by phytosterols, thus impeding the growth of the phytosterols market in these regions. Moreover, lack of support from the government regarding the promotion of phytosterols is also restraining the market in the developing regions. Europe held the largest market share with more than 40% market share in the global phytosterols market followed by North America which occupied more than 30% market share.

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Archer Daniels Midlands Co, BASF SE, Bunge Ltd, Cargill Inc, E.I. DuPont De Nemours, Raisio plc are some of the major players operating in the global phytosterols market.

The report covers phytosterols market and provides estimates in terms of revenue (USD million) and volume (million tons) from 2015 to 2021. Market estimates on the basis of product type and application type have also been provided for each region.

The market has been segmented as follows:

Global Phytosterols Market, by Product Type

• B-sitosterol
• Campesterol
• Stigmasterol
• Others

Global Phytosterols Market, by Application Type

• Food Ingredients
• Pharmaceuticals
• Cosmetics

Global Phytosterols Market, by Geography/Country

North America

• The U.S.
• Canada
• Mexico

Europe

• Germany
• K.
• France
• Italy
• Rest of Europe

Asia Pacific

• India
• China
• Japan
• Rest of Asia Pacific

Rest of the World (RoW)

• Middle East
• Latin America
• Africa

Browse the full Press Release : http://www.transparencymarketresearch.com/pressrelease/phytosterols-market.htm

About Us

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Mr. Atil Chaudhari

90 State Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

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