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Campaigns to Curb High Prevalence of Obesity and Heart Diseases to Bolster Demand for Phytosterols, says TMR

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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
Transparency Market
Research
Phytosterols Market by Type - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2015 - 2021
Published Date
28-09-2015
84 Page Report
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Press Release
Campaigns to Curb High Prevalence of Obesity and Heart Diseases to
Bolster Demand for Phytosterols, says TMR
Transparency Market Research
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Albany, NY 12207
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Phytosterols Market
REPORT DESCRIPTION
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.
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However, as per Transparency Market Research (TMR), the phytosterols market is yet to establish a strong
footprint across developing countries. The inadequate awareness about the intrinsic health benefits of
phytosterols limits scope for the market’s growth across these regions.
Nevertheless, the prospects for the market in Asia Pacific seem very lucrative, as India and China witness a
rising incidence of coronary heart diseases. Spurred by these factors, the global phytosterols market is
expected to report a CAGR of 10% between 2015 and 2021. The market is expected to reach US$926.7 mn
in 2021 from a valuation of US$473.8 in 2014.
Use of Phytosterols as Food Ingredients to Increase Rapidly
Phytosterols exhibit diverse applications across industries such as pharmaceuticals, cosmetics, and food
and beverages. In 2014, the use of phytosterols as food ingredients held the largest market share in terms
of value. According to TMR, demand from food ingredients segment accounted for over 50.45% of the
market in 2014. The rising use of phytosterols as food ingredients due to their cholesterol lower properties
is expected to fuel demand from the segment during the forecast period. Manufacturers operating in the
food and beverages industry are including phytosterols in many of their food products to cater to their
consumers’ health requirements.
However, during the forecast period demand from the pharmaceuticals segment is expected to rise at the
highest rate. The increasing awareness among consumers about the benefits of phytosterols in reducing
the risk of heart diseases is fuelling demand from the segment. Furthermore, the incidence of heart
ailments is expected to increase in India and China, thereby escalating phytosterols demand from these
countries.
Besides this, the cosmetics industry is a niche segment in the global phytosterols market. However, the
demand from this segment is also expected to rise in the forthcoming years. The rising disposable income
of consumers will be the primary factor bolstering use of phytosterols in the cosmetics industry.
Europe and North America Emerge as Most Lucrative Markets for Phytosterols
Geographically, Europe accounted for 40.27% of the demand witnessed in the global phytosterols market
in 2014. The increasing application of phytosterols across end-use industries such as pharmaceuticals,
cosmetics, and food and beverages has been fuelling demand for phytosterols from the region. Besides
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Phytosterols Market
this, the increasing incidence of coronary heart diseases is a key factor fuelling demand for phytosterols
from Europe and North America, alike.
The high prevalence of obesity has emerged as a major cause of concern for policymakers in North
America. Since phytosterols are cholesterol reducing agents, they are considered ideal for preventing
increased cholesterol level in human body. Their demand is thus expected to increase substantially across
these developed regions through the forecast period.
In contrast, the lack of awareness about the benefits of phytosterols is limiting the market’s expansion
across Asia Pacific and Rest of the World (RoW). However, TMR, expects, the phytosterols market in Rest of
the World to rise at the highest pace during the forecast period. The rising disposable income of consumers
in RoW has led them to upgrade their lifestyle. This will subsequently boost prospects for the phytosterols
market.
Some of key players operating in the market are Archer Daniels Midland Co., BASF SE, Bunge Ltd, Triple
Crown AB, E.I. DuPont De Nemours, Pharmachem Laboratories, and others.
TABLE OF CONTENT
Chapter 1 Preface
1.1 Report Description
1.2 Market segmentation
1.2.1 Global phytosterols market segmentation, by product type, application and by geography
1.3 Research scope
1.4 Research Methodology
Chapter 2 Executive Summary
2.1 Global phytosterols market revenue and volume, 2014 - 2021 (USD Million and Million Tons)
2.2 Global phytosterols market snapshot
Chapter 3 Global Phytosterols Market - Industry Analysis
3.1 Introduction
3.2 Market Drivers
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Phytosterols Market
3.2.1 Drivers for Phytosterols Market: Impact Analysis
3.2.2 Rising incidence of deaths due to cardiovascular diseases
3.2.3 Health benefits offered by phytosterols
3.2.4 Variety of end-use applications
3.2.5 Regulating bodies approving the usage of phytosterols
3.3 Market Restraints
3.3.1 Restraints for the Global Phytosterols Market: Impact Analysis
3.3.2 Lack of awareness in developing countries
3.3.3 Availability of similar functional products
3.4 Market Opportunities
3.4.1 Technological advancement
3.4.2 Growth potential in developing regions
3.5 Market Trend Analysis
3.6 Value Chain Analysis
3.7 Market Attractiveness Analysis
3.8 Key players in the global phytosterols market
Chapter 4 Global Phytosterols Market by Product Type, 2015–2021
4.1 Overview
4.2 B-sitosterol
4.3 Campesterol
4.4 Stigmasterol
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4.5 Others
Chapter 5 GlobalPhytosterols Market Analysisby Application, 2014–2021
5.1 Overview
5.2 Food Ingredients
5.3 Pharmaceuticals
5.4 Cosmetics
Chapter 6 Global Phytosterols Market Analysis by Geography, 2015–2021
6.1 Overview
6.2 North America
6.2.1 North America Phytosterols Market Revenue/Volume, by Product Type (2014–2021) (USD
Million/Million Tons)
6.2.2 North America Phytosterols Market Revenue and Volume, by Country (USD Million/Million tons)
6.2.3 U.S.
6.2.4 Canada
6.2.5 Mexico
6.3 Europe
6.3.1 Europe Phytosterols Market Revenue/Volume, by Product Type (2014–2021) (USD Million/Million
Tons)
6.3.2 Europe Phytosterols Market Revenue and Volume, by Country (USD Million/Million Ton)
6.3.3 U.K.
6.3.4 Germany
6.3.5 France
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Phytosterols Market
6.3.6 Italy
6.3.7 Rest of Europe
6.4 Asia Pacific
6.4.1 Asia Pacific Phytosterols Market Revenue/Volume, by Type (2014–2021) (USD Million/ Million Tons)
6.4.2 Asia Pacific Phytosterols Market Revenue/Volume, by Country (2014–2021) (USD Million/Million
Tons)
6.4.3 India
6.4.4 China
6.4.5 Japan
6.4.6 Rest of APAC
6.5 Rest of the World (RoW)
6.5.1 Rest of the World Phytosterols Market Revenue/Volume, by Type (2014–2021) (USD Million/Million
Tons)
6.5.2 Rest of the World Phytosterols Market Revenue/Volume, by Country (2014–2021) (USD
Million/Million Tons)
6.5.3 Latin America
6.5.4 Middle East
6.5.5 Africa
Chapter 7 Company Profiles
7.1 Archer Daniels Midlands Co.
7.2 BASF SE
7.3 Bunge Ltd
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7.4 Cargill Incorporated
7.5 Pharmachem Laboratories
7.6 Unilever plc
7.7 E.I. DuPont De Nemours
7.8 Raisio plc
7.9 Arboris LLC
7.10 Triple Crown AB
About Us
Transparency Market Research is a market intelligence company providing global business information
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We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use
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Author
Amy James
Amy James817   documents Email
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