openPR Logo
Press release

Phytosterols industry to collect a massive share via food & beverages sector over 2016-2024, Europe to majorly drive the global landscape

01-25-2018 07:27 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: GMI Research

/ PR Agency: GMI
Phytosterols Industry, Phytosterols Manufacturers, Phytosterols Market, Phytosterols Market Analysis, Phytosterols Market Growth,

Phytosterols Industry, Phytosterols Manufacturers, Phytosterols Market, Phytosterols Market Analysis, Phytosterols Market Growth,

Phytosterols Market revenue is expected witness a lucrative growth over the years to come, subject to the product’s ability to reduce cholesterol level. The escalating demand for food globally has led to increased usage of phytosterols across the food & beverage sector, particularly as an additive in food products such as milk, sausages, yoghurt, bakery items, and margarines, which will generate lucrative avenues for business development. Food & beverage sector, which had collected a revenue of more than USD 15 trillion in 2015, is predicted to record a CAGR of 4% during the period from 2016 to 2024. This surging growth rate is expected to further impel phytosterols industry expansion. According to Global Market Insights, Inc., “Phytosterols market is predicted to surpass a targeted revenue margin of USD 1 billion by 2024, registering an annual growth of 9% over the period of 2016-2024.”

Taking into consideration the topographical trends, Germany phytosterols industry size is slated to produce more than USD 55 million by 2024. The growth can be credited to the rising awareness about the health benefits accrued due to intake of natural ingredients. France and UK along with Germany are expected to drive the growth of European industry and contribute notably towards the overall phytosterols market share.Phytosterols industry size in China is anticipated to grow at a CAGR of 9% over the coming seven years, driven by the growing product usage in cosmetics for improving skin texture and protecting it from harmful UV rays.

U.S. phytosterols industry is predicted to experience a massive growth over the coming years. This can primarily be attributed to the high product applications across pharmaceutical sector. Phytosterols market in Brazil is forecast to experience substantial gains over the coming seven years and will push LATAM industry size, owing to intensified demand for the product in thriving personal care sector.

Get a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/776

Increasing consumption of food supplements as a result of growing health awareness among the consumers is expected to positively impact the development of Middle East & Africa Phytosterols market. South Africa, UAE, and Saudi Arabia are likely to influence the regional demand.

Phytosterols find extensive applications across cosmetics, pharmaceuticals, and food ingredients sectors. Phytosterols industry share across the pharmaceuticals sector is estimated to grow at a rate of 9% over the coming timeframe. Enhanced utilization of product in medicines for curing ailments such as psoriasis, asthma, bronchitis, allergies, and hair loss will suitably leverage the industry growth.

Cosmetic applications are expected to generate a revenue of more than USD 100 million by 2024, subject to the product’s ability to protect the skin from ultraviolet radiations maintain the smoothness of skin. Rising consumer demand for anti-ageing creams incorporated with the product’s anti-inflammatory properties will further boost the revenue.

Stigmasterol, beta-sitosterol, and campesterol are the major products of phytosterols. Beta-sitosterol industry size is predicted to hit USD 700 million by 2024, growing at a rate of 9% over the period of 2016-2024. The growth is driven by high product application in medicines used for cardiovascular disease treatment and for reducing the proportion of high-density lipoprotein. Campesterol market is predicted to grow considerably over the next few years and is expected to boost overall phytosterols market size. The expansion can be attributed to the high product application in drugs and dietary supplements.

Worldwide phytosterols industry share is rather consolidated with key market players contributing more than 45% of the overall demand in 2015. BASF SE, ADM, Cargill Incorporation, Enzymotec Company, FenchChem, E. I. du Pont de Nemours and Company, Arboris LLC, PrimaPharm Incorporation, Fenchem Biotek Limited, Eugene Science Incorporation, and Lipofoods are the major participants of phytosterols industry.

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://gminsights.wordpress.com
Connect with us: Facebook | Google+ | LinkedIn | Twitter

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Phytosterols industry to collect a massive share via food & beverages sector over 2016-2024, Europe to majorly drive the global landscape here

News-ID: 916492 • Views: 153

More Releases from GMI Research

Telecom Cloud Market earned USD 19.1 Billion in 2020 and anticipated to reach US …
Telecom Cloud Market reached USD 19.1 Billion in 2020 and is projected to reach USD 95.6 Billion in 2028, the market is growing at a CAGR of 22.3% till 2028. For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/telecom-cloud-market/ Key Drivers The factors proliferating the Telecom Cloud Market includes rising number of internet mobile subscriptions, inclination towards cloud computing services over land line services and growing demand for information infrastructure services. Increasing
Graphene Battery Market is estimated to reach USD 545 million in 2028, registeri …
Graphene Battery Market was valued at USD 73 million in 2020, and is estimated to reach USD 545 million in 2028, increasing at a higher CAGR of 28.5% during 2020-2028. For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/graphene-battery-market/ The factors driving the growth of Graphene Battery Market includes growing demand for graphene batteries in Automotive, consumer electronics and power sector, increasing investments on research and development for enhancing the lithium-ion
Social Media Analytics Market is estimated to touch USD 21.6 billion in 2029, re …
Social Media Analytics Market was valued at USD 4.2 billion in 2021 and is estimate to reach USD 21.6 billion in 2029 growing at a CAGR of 22.7% For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/social-media-analytics-market-analysis-industry-research/ The factors driving the growth of Social Media Analytics Market includes the increasing demand for business intelligence tools, increasing number of smartphones, growing focus by businesses on collecting customer feedback and proliferation of social
GCC Construction Chemical Market is Predicted to Expand at a Promising CAGR duri …
The GCC Construction Chemical Market is estimated to grow at a robust CAGR over the forecast period (2022-2029). For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/product/gcc-construction-chemical-market/ The factors driving growth of the GCC Construction Chemical Market includes increasing focus of Governments on reducing their dependency on oil and gas sector, emerging need to repair the ageing buildings, rise in the number of smart cities and improvements in the living standards.

All 5 Releases


More Releases for Phytosterols

Phytosterols Market Segmentation, Business Demand, Latest Trends and Forecast by …
Global Phytosterols Market Report provides a detailed industry overview along with the analysis of Cost Structure, Supply Chain, Development Techniques, Retailers Analysis, Financial Support, business Strategies, Marketing Channels. Global PHYTOSTEROLS Market research report provides a point-by-point In-Depth analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, the impact of domestic and global market players, value chain optimization, trade regulations, recent
What's driving the Phytosterols market trends?
Phytosterols find diverse applications among industries such as food ingredients, cosmetics, and pharmaceuticals. Phytosterols market share in the pharmaceutical sector is projected to register a CAGR of 9% over the period 2016-2024. Rising consumer preference toward the promotion of natural ingredients in medicine formulation over conventional medicine will prove lucrative for the overall market trends. Phytosterols application in cosmetic industry is another niche segment showing a considerable growth in terms of
Phytosterols Market – Transformation Survey 2025 | DuPont, PrimaPharm
Phytosterols Market: Snapshot One of the chief reasons behind the healthy growth of the phytosterols market is the thriving processed food industry. The increased packaged food consumption owing to busy and hectic lifestyles will drive the demand for phytosterols market across the globe, especially in the BRICS nations. Phytosterols is also an active ingredient in chocolate formulations and helps in maintaining the functionality of the product, in addition to enhancing its
Global Phytosterols Market Size
According to a new report Global Phytosterols Market (2016-2022), published by KBV Research, the global Phytosterols Market is expected to attain a market size of $4.3 billion by 2022, growing at a CAGR of 9.1% during the forecast period. The Food Ingredients market dominated the Global Phytosterols Market by Application in 2015, and would continue to be a dominant market till 2022. The Cosmetics market is expected to witness a CAGR
Phytosterols Market Reluctance By 2025
Phytosterols Market: Snapshot One of the chief reasons behind the healthy growth of the phytosterols market is the thriving processed food industry. The increased packaged food consumption owing to busy and hectic lifestyles will drive the demand for phytosterols market across the globe, especially in the BRICS nations. Phytosterols is also an active ingredient in chocolate formulations and helps in maintaining the functionality of the product, in addition to enhancing its
Market Intelligence Report Phytosterols, 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.