Press release
Phytosterols Market Projected to Reach USD 2,530.18 Million by 2034 | CAGR: 8.5%
Phytosterols Market
Market Overview
Phytosterols are organic commodities detected in plants. Consuming plant-based foods with phytosterols as a constituent of a wholesome diet may assist one with lessening the cholesterol levels. They assist in handling blood cholesterol levels, decreasing the probability of cardiovascular disease, heart attack, or stroke. Cholesterol is a waxy material configured by the liver that circulates in the blood.
The body requires cholesterol to structure cells, safeguard nerves, and make vitamins and hormones. However, the excess of a particular kind of cholesterol can create heart issues if it builds up in the arteries and obstructs them. Phytosterols may also assist in circumventing obesity, diabetes, and cancer. Diets abundant in phytosterols could decrease cancer probabilities by up to 20%.
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Competitive Landscape
Market contenders are funding massively in research and development in order to expand their offerings which will help the market to grow even more. Key companies in the phytosterols market are mentioned below:
Key Companies in the Phytosterols Market
• AOM
• BASF SE
• BOC Sciences
• Cargill, Incorporated
• Herbo Nutra
• International Flavors & Fragrances Inc.
• Lipofoods
• TAMA BIOCHEMICALS Co, Ltd.
• VITAE NATURALS
• Wilmar International Ltd
Key Highlights of Phytosterols Market Report
• Based on product, the beta-sitosterol segment dominated the market, as the use of sophisticated purification technology at the end of the β-sitosterol production process enhances resource efficiency and sustainability.
• Based on form, the liquid segment accounted for the largest market share, as the incorporation of phytosterols in liquid form using a unique delivery system enhances their dispersibility in food and beverages.
• By application, the pharmaceutical segment dominated the market as phytosterols are extensively used in pills, lotions, and herbal medications owing to their wide range of benefits.
• Europe dominated the market with the largest revenue share, owing to the consumers' growing awareness of the health benefits of functional food products and their ability to afford upscale personal care goods.
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Regional Insights
Europe accounted for the largest market share in 2024 on account of the potential to manage upscale personal care commodities because of their high disposable incomes. Additionally, the growing demand for organic and green extract-dependent cosmetics is pushing the incorporation of phytosterols into these commodities. For instance, in October 2023, a French agritech startup, Elicit Plant, schemes to initiate a contemporary phytosterol dependent commodity known as EliSun-a to escalate sunflower yields in the European market. This commodity is outlined to be sprayed on sunflower plants, permitting phytosterols to approach and encourage the growth of their roots.
North America is expected to witness the fastest growth in the phytosterols market due to its extensive population and troubling rate of surge in cardiac illnesses. The US Food and Drug Administration has bestowed Generally Recognized as Safe (GRAS) certification for appending plant sterols to food items. For instance, Cargill makes and disseminates the CoroWise brand of plant sterols. Plant sterols have been clinically proven to lessen cholesterol levels and have been reinforced by an FDA health claim.
Segmental Breakdown
Phytosterols Market, Product Outlook (Revenue - USD Million, 2020-2034)
• Beta-Sitosterol
• Campesterol
• Stigmasterol
• Others
Phytosterols Market, Form Outlook (Revenue - USD Million, 2020-2034)
• Liquid
• Dry
Phytosterols Market, Source Outlook (Revenue - USD Million, 2020-2034)
• Vegetable Oils
• Nuts and Seeds
• Whole Grains
• Others
Phytosterols Market, Application Outlook (Revenue - USD Million, 2020-2034)
• Food & Beverage
• Dairy Products
• Bakery & Confectionery
• Nutritional Products
• Snacks & Cereals
• Beverages
• Pharmaceuticals
• Cosmetics & Personal Care Products
• Others
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