Categories: Food & Beverages

Phytosterols Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033

Overview and Scope
Phytosterols refer to bioactive substances that naturally occur in plants and have a chemical structure resembling that of cholesterol. Phytosterols compete with dietary cholesterol for intestinal absorption, resulting in lower blood cholesterol levels. It aids in controlling blood cholesterol levels, lowering the chance of heart disease, a heart attack, or a stroke.

Sizing and Forecast
The phytosterols market size has grown rapidly in recent years. It will grow from $1 billion in 2023 to $1.11 billion in 2024 at a compound annual growth rate (CAGR) of 10.8%. The growth in the historic period can be attributed to increasing awareness of health benefits, rising prevalence of cardiovascular diseases, functional food and nutraceutical trends, government initiatives to combat obesity, functional ingredients in cosmetics.

The phytosterols market size is expected to see rapid growth in the next few years. It will grow to $1.67 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to focus on plant-based diets, research on additional health benefits, expansion of functional beverages, regulatory support for health claims, global aging population. Major trends in the forecast period include innovations in delivery formats, collaborations in research and development, phytosterols in personalized nutrition, clean label and transparency, phytosterols in pet food.

To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/phytosterols-global-market-report

Segmentation & Regional Insights
The phytosterols market covered in this report is segmented –
1) By Type: Beta-Sitosterols, Campesterols, Stigmasterols, Other Types
2) By Source: Vegetable Oils, Nuts and Seeds, Whole Grains, Other Sources
3) By Form: Dry, Liquid
4) By Application: Food And Beverages, Pharmaceuticals, Cosmetics, Dietary Supplements, Animal Feed

Europe was the largest region in the phytosterols market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the phytosterols market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12002&type=smp

Major Driver Impacting Market Growth
The increasing prevalence of cardiovascular disease is significantly contributing to the growth of the phytosterols market going forward. Cardiovascular disease is a general term encompassing conditions affecting the heart or blood vessels. It includes heart and blood vessel disorders, including coronary heart disease, stroke, peripheral arterial disease, aortic disease, and other conditions. Plant sterols or phytosterols compete with cholesterol absorption by binding to micelles and lowering cholesterol concentration. The daily consumption of phytosterols is associated with an 8% to 10% reduction in LDL cholesterol levels. For instance, in January 2023, according to a report shared by the American Heart Association, a US-based non-profit organization that supports cardiovascular medical research, 928,741 people died in the United States in 2020 because of cardiovascular disease (CVD), which was reported as the primary cause of death. Additionally, according to reports by the British Heart Foundation, a UK-based cardiovascular research charity, the number of deaths caused due to all heart and circulatory diseases in men and women accounted for 163,888 in 2019 in the UK, which increased to 168,319 in 2020. Therefore, the increasing prevalence of cardiovascular disease is driving the growth of the phytosterols market.

Key Industry Players
Major companies operating in the phytosterols market report are Cargill Inc., Archer Daniels Midland Company, BASF SE, Wilmar International Limited, Bunge Limited, Unilever PLC, Sigma-Aldrich Company LLC, Ashland Global Holdings Inc., Evonik Industries AG, ProBiotix Health Ltd, Raisio PLC, Les Dérives Résiniques Et Terpéniques SA (DRT), Avanti Polar Lipids Inc, Xi’an Healthful Biotechnology Co. Ltd., Matrix Life Science Pvt. Ltd., Connoils LLC, Arboris LLC, Advanced Organic Materials SA, BOC Sciences, Foodchem International Corporation, Lipofoods SLU, Vitae Naturals, Herbo Nutra Extract Private Limited, CD Bioparticles, Ipsum Lifesciences LLP, MMP Inc., Gustav Parmentier GmbH, Hyphyto Inc., Enzymotech Ltd., Tama Biochemical Co.Ltd.

The phytosterols market report table of contents includes:
1. Executive Summary
2. Phytosterols Market Characteristics
3. Phytosterols Market Trends And Strategies
4. Phytosterols Market – Macro Economic Scenario
5. Global Phytosterols Market Size and Growth
….
32. Global Phytosterols Market Competitive Benchmarking
33. Global Phytosterols Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Phytosterols Market
35. Phytosterols Market Future Outlook and Potential Analysis
36. Appendix

Explore the trending research reports from TBRC:
https://topprnews.com/chronic-wound-care-market-outlook/
https://topprnews.com/digital-audio-workstation-daw-software-market-trends/
https://topprnews.com/dry-eye-products-market-forecast/
https://goodprnews.com/wireless-security-cameras-market-growth/
https://goodprnews.com/angioplasty-balloons-market-size/
https://goodprnews.com/biopharmaceutical-fermentation-systems-market-analysis/

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Good PR News

Recent Posts

Mexico Social Commerce Market Future Growth, Competitive Analysis and Forecast 2030

Overview of the Mexico Social Commerce Market The Mexico Social Commerce Market has shown remarkable growth, valued…

12 seconds ago

Denmark Fast Food Market Analysis, Size, Share, Growth, Trends and Forecast

Denmark Fast Food Market Overview The fast food industry in Denmark has evolved into a thriving sector,…

4 mins ago

South Sudan Petroleum Downstream Processing Market Future Growth, Competitive Analysis and Forecast 2030

The South Sudan Petroleum Downstream Processing Market, valued at USD 10.33 billion in 2023, is poised…

6 mins ago

Philippines Video Surveillance Market Analysis, Size, Share, Growth, Trends and Forecast

Philippines Video Surveillance Market Overview The Philippines Video Surveillance market, a critical component of the country's…

26 mins ago

Poland Generic Drugs Market Analysis, Trends, Growth, Share and Forecast – 2030

Poland Generic Drugs Market Overview The Poland generic drugs market, valued at USD 22.14 billion in…

28 mins ago

Indonesia Prefilled Syringes Market Industry Analysis, Growth, Trends and Forecast – 2030

Indonesia Prefilled Syringes Market Overview The Indonesia Prefilled Syringes Market was valued at USD 350 million in 2023 and…

32 mins ago