Press release
Phytosterols Market Size, Share, Growth Insights and Global Report 2024-2031
Phytosterols Market OverviewPhytosterols Market is expected to grow at a CAGR of 8.2% during the forecast period 2024-2031
Phytosterols are plant-derived compounds found in cell membranes, with Brussels sprouts, lettuce, blueberries, and vegetable oils containing the highest concentrations. While structurally similar to cholesterol, phytosterols are absorbed much less by the human body compared to cholesterol.
Due to this, they are increasingly included in diets. The global market for phytosterols is being propelled by a growing consumer trend of fortifying foods with blends of vitamins, herbal extracts, and minerals. About half of the global pesticide market comprises phytosterols, with over 6,000 plant species possessing insecticidal properties.
Phytosterols are commonly used as additives in sauces, margarine, yogurt, and dairy products. They also exhibit cardioprotective properties, leading to their inclusion in medication formulations for heart disease treatment as cardiovascular diseases become more prevalent, thereby expanding their market presence.
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Phytosterols Market Trends
Consuming food products enriched with phytosterols offers a range of health benefits, contributing to the growth of the global phytosterols market. These compounds are deemed safe for consumption, endorsed as Generally Recognized as Safe (GRAS) by the US Food and Drug Administration and approved for use in dairy products by the European Union Scientific Committee. The surge in fortified foods containing herbal extracts, vitamins, and minerals is spurring the demand for phytosterols as an additive. Their compatibility with other additives like tocopherols has facilitated their inclusion in bakery items and functional foods. The evolving consumer preference for plant-based anti-aging solutions is also propelling the phytosterols market forward.
According to the European Food Safety Authority (EFSA), consuming 1.5 to 2.4 grams of plant sterols and stanols daily can reduce blood cholesterol levels by 7-10%. Phytosterols exhibit a broad spectrum of therapeutic properties. Countries like Finland and the Netherlands boast the most diverse product offerings, with Belgium, Germany, and the United Kingdom following suit. Manufacturers are capitalizing on phytosterols' cholesterol-lowering potential by incorporating them into various products. For instance, UK-based company Raisio has integrated plant sterols into yogurt drinks, bars, spreads, and soft chews.
Additionally, the rising prevalence of cardiovascular diseases is driving growth in the global phytosterols market. Cardiovascular diseases are a leading cause of mortality and morbidity worldwide. In the United States, one person succumbs to cardiovascular disease every 36 seconds, with heart disease claiming the lives of nearly 655,000 Americans annually, accounting for one in four deaths. This has spurred the use of phytosterols in pharmaceuticals due to their protective effects against cardiovascular ailments, ability to reduce intestinal cholesterol absorption, regulate prostate enlargement, and lower blood sugar levels and inflammation.
However, challenges like poor solubility, limited bioavailability, and potential side effects such as constipation, diarrhea, bloating, and swelling observed in pharmaceutical-grade phytosterols are driving demand for enhanced drug quality.
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Phytosterols Market Segments
By Type
• Beta-Sitosterol
• Campesterol
• Stigmasterol
• Others
By Application
• Food
• Pharmaceuticals
• Cosmetics
• Others
Phytosterols Market Key Players
Key players are BASF SE, DuPont de Nemours Inc, Cargill, Incorporated, Arboris LLC, Matrix Fine Sciences Pvt Ltd, Advanced Organic Materials SA, Gustav Parmentier GmBH, Valent Biosciences Corporation and Raisio Group.
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