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Phytosterols Market Analysis

  • Report ID: GMI776
  • Published Date: Aug 2024
  • Report Format: PDF

Phytosterols Market Analysis

Based on product, the phytosterols market from the β-sitosterol segment will register 8.3% CAGR through 2032. β-sitosterol is the primary phytosterol found in plants known for its cholesterol-lowering and potential anti-inflammatory properties. Consumers are increasingly looking for new natural ways to manage cholesterol levels and support heart health, leading to demand for β -sitosterol. Pharmaceutical companies are also exploring its therapeutic potential in diseases such as benign prostatic hyperplasia (BPH). With ongoing research showing its efficacy and safety, β-sitosterol continues to gain traction in dietary supplements and functional foods and beverages. This increasing demand emphasizes the critical role of β-sitosterol in the expanding market, offering health benefits to discerning consumers.
 

 Phytosterols Market Revenue Share, By Application, (2023)

Based on application, the phytosterols market from the food ingredients segment held the dominant market share and will register 7.9% CAGR through 2032. These plant compounds have a fat-like structure and are known to lower cholesterol.
 

As consumers increasingly prioritize health and wellness, food manufacturers are adding phytosterols to various products such as spreads, dairy substitutes, baked goods, etc. These products enhance the nutritional value while serving as a healthy alternative for health-conscious consumers. With regulatory approval and ongoing research supporting its effectiveness, phytosterols are poised to expand their presence in the food industry, providing consumers with convenient ways to manage fat levels and support overall heart health.
 

North America Phytosterols Market Size, 2024 - 2032 (USD Million)

North America phytosterols market size dominated around USD 313.8 million in 2023, and the growth forecast for 2032 is USD 643.1 million. The regional growth is propelled by growing awareness of cardiovascular health, the rising prevalence of lifestyle-related diseases, and the increasing demand for functional foods and dietary supplements. Consumers are becoming more health-conscious, driving the adoption of phytosterols due to their cholesterol-lowering properties.
 

Regulatory support and endorsement by health organizations further boost market growth. Additionally, innovation in the food and beverage industries, aiming to incorporate phytosterols into a variety of products, enhances market dynamics and consumer accessibility, thus significantly contributing to market expansion.

Authors: Kunal Ahuja, Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The market size of phytosterols reached USD 1.01 billion in 2023 and will register 8.1% CAGR from 2024 to 2032, due to their cholesterol-lowering properties, which are attractive to health-conscious consumers worldwide.

The food ingredients segment will witness 7.9% CAGR through 2032, as consumers increasingly prioritize health and wellness, food manufacturers are adding phytosterols to spreads, dairy substitutes, baked goods, etc.

North America market generated a revenue of USD 313.8 million in 2023 and will reach USD 643.1 million by 2032, by growing awareness of cardiovascular health, the rising prevalence of lifestyle-related diseases, and the increasing demand for functional foods and dietary supplements.

Raisio Group, DuPont, BASF SE, Dérivés Résiniques et Terpéniques, Fenchem, Arboris LLC, and Archer Daniels Midland among others.

Phytosterols Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 155
  • Countries covered: 21
  • Pages: 210
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