Phytosterols Market Global Report Share
The phytosterols market is primarily driven by the increasing prevalence of lifestyle diseases, leading to the demand for foods that are rich in phytosterols.
SHERIDAN, WY, USA, November 28, 2022 /EINPresswire.com/ — According to the latest report by IMARC Group, titled “Phytosterols Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”,offers a comprehensive analysis of the industry, which comprises insights on the global phytosterols market share. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global phytosterols market reached a value of US$ 756.2 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,213.3 Million by 2027, exhibiting a CAGR of 8.39% during 2022-2027.
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Phytosterols Market Application:
Phytosterols, or plant sterols, represent naturally occurring bioactive compounds that are structurally similar to cholesterol found in animals. They are commonly available in unrefined vegetable oils, whole grains, seeds, nuts, legumes, etc., and are mainly consumed to block the absorption of cholesterol in the digestive system. Phytosterols interfere with the intestinal absorption of cholesterol by displacing its molecules from micelles and facilitating its excretion, which aids in minimizing blood cholesterol levels. They maintain an overall healthy body by preventing ailments, including cardiovascular diseases (CVDs), obesity, numerous types of cancer, etc.
Phytosterols Market Growth Analysis:
The growing prevalence of chronic disorders, such as hypercholesterolemia and cancer, is primarily augmenting the phytosterols market. Furthermore, the escalating demand for food items and dietary supplements that are rich in phytosterols, on account of their potential health benefits, is positively influencing the global market. Apart from this, the increasing number of products, including milk, sausages, baked goods, yogurts, spreads, margarine, etc., that are fortified with the compound to improve their nutritional content is acting as another significant growth-inducing factor.
Moreover, the rising utilization of herbal and mineral extracts as food additives is bolstering the market growth. Besides this, the widespread adoption of phytosterols as an essential ingredient in dark chocolate formulations is further catalyzing the global market. Additionally, the expanding personal care sector and the inflating popularity of phytosterols in anti-aging creams and lotions, owing to their skin-replenishing and anti-inflammatory properties, are also stimulating the market growth. In line with this, several product innovations and extensive R&D to enhance the therapeutic benefits of these bioactive compounds are expected to fuel the phytosterols market in the coming years.
Phytosterols Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the global phytosterols market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Players Included in Global Phytosterols Market Research Report:
• Archer Daniels Midland (NYSE: ADM)
• BASF (OTCMKTS: BASFY)
• Matrix Fine Sciences
• Pharmachem Laboratories Inc
• Raisio Group
Phytosterols Market Segmentation:
The report has segmented the global phytosterols market on the basis of product type, application, aircraft type, technology and region.
Based on Product Type:
Based on Application:
• Food Ingredients
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
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Key Highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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