Phytosterols are plant sterols and stanols that are found in the plants’ fatty tissues. It cannot be synthesized by animals and humans, thus this needs to be added in the diet.
pune, India - February 18, 2019 /MarketersMedia/ —
Market Analysis and Key Restraints:
Phytosterols are plant sterols and stanols that are found in the plants’ fatty tissues. It cannot be synthesized by animals and humans, thus this needs to be added in the diet. Phytosterols have a chemical structure that is quite similar to cholesterol but its absorption in humans is lesser compared to that of cholesterol. It offers plentiful benefits such as reduce the level of cholesterol, lower the risk of coronary heart disease, phytosterols is effective for cancer patients and also prevents lung, stomach, breast and ovarian cancer. The phytosterols benefits does not end here. It contains antioxidants that is good for anti-aging and skin protection. Vegetables (broccoli, beet root, carrots), fruits (apples, cherries, peaches), nuts and legumes (peanuts, almonds, peas) and oils (rice bran oil, olive oil, sesame oil) are rich in phytosterols. So, consuming foods that have sterols will definitely reflect positivity on the health in myriad ways. Today, people can also purchase foods such as orange juice, mayonnaise, peanut butter and butter spreads which are fortified with additional phytosterols. The global phytosterols market is projected to grow at an astounding 8.7% CAGR during the forecast period (2017-2023).
There are various factors that is driving the growth of the phytosterols market according to MRFR (Market Research Future) Report. These include high nutritional benefits, customer awareness regarding phytosterols, rise in cardiovascular diseases, rising demand for herbs, advancements in technology, and increasing use of phytosterols in pharmaceutical and cosmetics. On the contrary, lack of awareness regarding the health benefits associated to phytosterols and lack of support from the government is likely to hamper the growth of the phytosterols market.
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Key Players:
Leading players profiled in the phytosterols market include Danone (France), Arboris, LLC (U.S.), Gustav Parmentier Handeslgesellschaft GmbH (Germany), Pharmachem Laboratories, Inc. (U.S.), Raisio Plc. (Finland), E. I. du Pont de Nemours and Company (U.S.), Bunge Ltd. (U.S.), BASF SE (Germany), Archer-Daniels-Midland Company (U.S.) and Cargill Inc. (U.S.).
Dec 2018- The University of Missouri researchers have announced that black walnuts have molecular compounds known as phytosterols that can help in preventing cardiovascular disease, diabetes and obesity and at the same time promoting anticancer activity, lower inflammation and lower cholesterol in the body.
Competitive Analysis:
The phytosterols market is fragmented and competitive. It has leading manufacturers that have a huge functional ingredients portfolio which in turn helps them in gaining an edge in the ingredient formulation. The research and development team of this market furthermore are laying emphasis on the creation of newer formulations which is expected to spur the use of phytosterols in the food and beverage sector.
Market Segmentation:
As per MRFR report, The Global Phytosterols Market is segmented on the basis of type and application.
Based on type, it is segmented into stigmasterol, campesterol, beta-sitosterol and others. Of these, the beta-sitosterol will rule the phytosterols market.
Based on application, phytosterols market is segmented into cosmetics, supplements, pharmaceuticals, food products and others. Of these, the food products will dominate the market during the forecast period.
Regional Analysis:
Based on region, the phytosterols market covers growth opportunities and latest trends across North America, Europe, Asia Pacific and Rest of the World. Of these, Europe will have an upper hand in the phytosterols market followed by North America. The phytosterols market in Europe is likely to have a higher consumption of phytosterols in food preparations and supplements due to rising rates of obesity and cardiovascular diseases. Besides, its high demand in the functional food and beverage industry is likely to fuel the growth of the phytosterols market. Due to increasing demand for functional food and beverages that are supplemented with the plant-derived products coupled with rising consumer awareness in the APAC region, the countries such as China and India, this market is anticipated to expand at a steady rate. But stringent regulations especially in Europe and North America’s developed economies are anticipated in restraining the growth of the phytosterols market in these regions.
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Source: MarketersMedia
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