PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1337626
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1337626
Phytosterols Market Size and Share Analysis by Type, Source, Application - Global Industry Demand Forecast to 2030
The phytosterols market was USD 952.4 million in 2022, and it will touch USD 1,921.4 million, propelling at a CAGR of 9.2%, by 2030.
The growth of the industry is credited to the rapidly-changing lifestyles, growing consciousness, surging worries over animal cruelty, and increasing income. Furthermore, phytosterol supplements and products derived from plants are approved by various government agencies concerned with pharmaceuticals and foods all over the world.
The beta-sitosterol category, based on type, will generate a larger share of the industry, of approximately 60%, by the end of this decade. This is because of the mounting inclination of customers toward functional dietary supplements and foods, boosted by the increasing consciousness regarding the properties of plant-based beta-sitosterol.
Furthermore, the increasing recognition of the environmental impact related to traditional chemical ingredients has resulted in the extensive acceptance of sustainable and bio-based alternatives across various industries.
The fruits & vegetables category, based on source, accounted for the largest phytosterols market share. This is because of the extensive accessibility of various fruits and vegetables across different nations, particularly Indonesia, India, and Brazil.
The whole grains, soybeans, & lentils category is expected to observe the fastest growth, mainly because of the extensive accessibility of these crops all over the world, particularly in arid and semi-arid continents. Whether exporting to other nations or processing locally, manufacturers are focusing on discovering innovative food combinations and testing with legumes, seeds, and whole grains.
Based on application, the food & beverages category dominated the industry, and it will further advance at a 10% compound annual growth rate, in the years to come. This is credited to the increasing income of people across various continents, which led to changes in eating habits and lifestyles.
The pharmaceuticals category is observing rapid growth, because phytosterols are being utilized in pharmaceutical supplements and medicines to control cholesterol levels and enhance cardiovascular health. Moreover, pharmaceutical businesses are funding in R&D to discover the therapeutic potential of phytosterols, while also increasing consciousness among customers and healthcare professionals.
In 2022, Europe accounted for the largest share of the industry, with 40%. This is mainly because of the surging customer consciousness regarding the health advantages provided by phytosterol-fortified food products and the inclination of consumers to invest in premium personal care goods, such as cosmetics derived from sustainable and natural plant extracts.
APAC is expected to observe the fastest growth in the years to come. This is mainly because of the substantial processed foods and beverages consumption. Moreover, the surging health consciousness, increasing middle-class population, mounting prevalence of chronic illnesses, and growing food industry in the continent further boost the expansion of the regional industry.
It is because of the surging consciousness regarding the benefits of plant-based foods, along with the rapidly changing lifestyles, the phytosterols industry will continue to grow in the years to come.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by type
- 1.4.2. Market size breakdown, by source
- 1.4.3. Market size breakdown, by application
- 1.4.4. Market size breakdown, by region
- 1.4.5. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.5.1. Volume
- 1.5.2. Value
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Voice of Industry Experts/KOLs
Chapter 5. Market Indicators
Chapter 6. Industry Outlook
- 6.1. Market Dynamics
- 6.1.1. Trends
- 6.1.2. Drivers
- 6.1.3. Restraints/challenges
- 6.1.4. Impact analysis of drivers/restraints
- 6.2. Impact of COVID-19
- 6.3. Porter's Five Forces Analysis
- 6.3.1. Bargaining power of buyers
- 6.3.2. Bargaining power of suppliers
- 6.3.3. Threat of new entrants
- 6.3.4. Intensity of rivalry
- 6.3.5. Threat of substitutes
Chapter 7. Global Market
- 7.1. Overview
- 7.2. Market Volume, by Type (2017-2030)
- 7.3. Market Revenue, by Type (2017-2030)
- 7.4. Market Volume, by Source (2017-2030)
- 7.5. Market Revenue, by Source (2017-2030)
- 7.6. Market Volume, by Application (2017-2030)
- 7.7. Market Revenue, by Application (2017-2030)
- 7.8. Market Volume, by Region (2017-2030)
- 7.9. Market Revenue, by Region (2017-2030)
Chapter 8. North America Market
- 8.1. Overview
- 8.2. Market Volume, by Type (2017-2030)
- 8.3. Market Revenue, by Type (2017-2030)
- 8.4. Market Volume, by Source (2017-2030)
- 8.5. Market Revenue, by Source (2017-2030)
- 8.6. Market Volume, by Application (2017-2030)
- 8.7. Market Revenue, by Application (2017-2030)
- 8.8. Market Volume, by Country (2017-2030)
- 8.9. Market Revenue, by Country (2017-2030)
Chapter 9. Europe Market
- 9.1. Overview
- 9.2. Market Volume, by Type (2017-2030)
- 9.3. Market Revenue, by Type (2017-2030)
- 9.4. Market Volume, by Source (2017-2030)
- 9.5. Market Revenue, by Source (2017-2030)
- 9.6. Market Volume, by Application (2017-2030)
- 9.7. Market Revenue, by Application (2017-2030)
- 9.8. Market Volume, by Country (2017-2030)
- 9.9. Market Revenue, by Country (2017-2030)
Chapter 10. APAC Market
- 10.1. Overview
- 10.2. Market Volume, by Type (2017-2030)
- 10.3. Market Revenue, by Type (2017-2030)
- 10.4. Market Volume, by Source (2017-2030)
- 10.5. Market Revenue, by Source (2017-2030)
- 10.6. Market Volume, by Application (2017-2030)
- 10.7. Market Revenue, by Application (2017-2030)
- 10.8. Market Volume, by Country (2017-2030)
- 10.9. Market Revenue, by Country (2017-2030)
Chapter 11. LATAM Market
- 11.1. Overview
- 11.2. Market Volume, by Type (2017-2030)
- 11.3. Market Revenue, by Type (2017-2030)
- 11.4. Market Volume, by Source (2017-2030)
- 11.5. Market Revenue, by Source (2017-2030)
- 11.6. Market Volume, by Application (2017-2030)
- 11.7. Market Revenue, by Application (2017-2030)
- 11.8. Market Volume, by Country (2017-2030)
- 11.9. Market Revenue, by Country (2017-2030)
Chapter 12. MEA Market
- 12.1. Overview
- 12.2. Market Volume, by Type (2017-2030)
- 12.3. Market Revenue, by Type (2017-2030)
- 12.4. Market Volume, by Source (2017-2030)
- 12.5. Market Revenue, by Source (2017-2030)
- 12.6. Market Volume, by Application (2017-2030)
- 12.7. Market Revenue, by Application (2017-2030)
- 12.8. Market Volume, by Country (2017-2030)
- 12.9. Market Revenue, by Country (2017-2030)
Chapter 13. U.S. Market
- 13.1. Overview
- 13.2. Market Volume, by Type (2017-2030)
- 13.3. Market Revenue, by Type (2017-2030)
- 13.4. Market Volume, by Source (2017-2030)
- 13.5. Market Revenue, by Source (2017-2030)
- 13.6. Market Volume, by Application (2017-2030)
- 13.7. Market Revenue, by Application (2017-2030)
Chapter 14. Canada Market
- 14.1. Overview
- 14.2. Market Volume, by Type (2017-2030)
- 14.3. Market Revenue, by Type (2017-2030)
- 14.4. Market Volume, by Source (2017-2030)
- 14.5. Market Revenue, by Source (2017-2030)
- 14.6. Market Volume, by Application (2017-2030)
- 14.7. Market Revenue, by Application (2017-2030)
Chapter 15. Germany Market
- 15.1. Overview
- 15.2. Market Volume, by Type (2017-2030)
- 15.3. Market Revenue, by Type (2017-2030)
- 15.4. Market Volume, by Source (2017-2030)
- 15.5. Market Revenue, by Source (2017-2030)
- 15.6. Market Volume, by Application (2017-2030)
- 15.7. Market Revenue, by Application (2017-2030)
Chapter 16. France Market
- 16.1. Overview
- 16.2. Market Volume, by Type (2017-2030)
- 16.3. Market Revenue, by Type (2017-2030)
- 16.4. Market Volume, by Source (2017-2030)
- 16.5. Market Revenue, by Source (2017-2030)
- 16.6. Market Volume, by Application (2017-2030)
- 16.7. Market Revenue, by Application (2017-2030)
Chapter 17. U.K. Market
- 17.1. Overview
- 17.2. Market Volume, by Type (2017-2030)
- 17.3. Market Revenue, by Type (2017-2030)
- 17.4. Market Volume, by Source (2017-2030)
- 17.5. Market Revenue, by Source (2017-2030)
- 17.6. Market Volume, by Application (2017-2030)
- 17.7. Market Revenue, by Application (2017-2030)
Chapter 18. Italy Market
- 18.1. Overview
- 18.2. Market Volume, by Type (2017-2030)
- 18.3. Market Revenue, by Type (2017-2030)
- 18.4. Market Volume, by Source (2017-2030)
- 18.5. Market Revenue, by Source (2017-2030)
- 18.6. Market Volume, by Application (2017-2030)
- 18.7. Market Revenue, by Application (2017-2030)
Chapter 19. Spain Market
- 19.1. Overview
- 19.2. Market Volume, by Type (2017-2030)
- 19.3. Market Revenue, by Type (2017-2030)
- 19.4. Market Volume, by Source (2017-2030)
- 19.5. Market Revenue, by Source (2017-2030)
- 19.6. Market Volume, by Application (2017-2030)
- 19.7. Market Revenue, by Application (2017-2030)
Chapter 20. Japan Market
- 20.1. Overview
- 20.2. Market Volume, by Type (2017-2030)
- 20.3. Market Revenue, by Type (2017-2030)
- 20.4. Market Volume, by Source (2017-2030)
- 20.5. Market Revenue, by Source (2017-2030)
- 20.6. Market Volume, by Application (2017-2030)
- 20.7. Market Revenue, by Application (2017-2030)
Chapter 21. China Market
- 21.1. Overview
- 21.2. Market Volume, by Type (2017-2030)
- 21.3. Market Revenue, by Type (2017-2030)
- 21.4. Market Volume, by Source (2017-2030)
- 21.5. Market Revenue, by Source (2017-2030)
- 21.6. Market Volume, by Application (2017-2030)
- 21.7. Market Revenue, by Application (2017-2030)
Chapter 22. India Market
- 22.1. Overview
- 22.2. Market Volume, by Type (2017-2030)
- 22.3. Market Revenue, by Type (2017-2030)
- 22.4. Market Volume, by Source (2017-2030)
- 22.5. Market Revenue, by Source (2017-2030)
- 22.6. Market Volume, by Application (2017-2030)
- 22.7. Market Revenue, by Application (2017-2030)
Chapter 23. Australia Market
- 23.1. Overview
- 23.2. Market Volume, by Type (2017-2030)
- 23.3. Market Revenue, by Type (2017-2030)
- 23.4. Market Volume, by Source (2017-2030)
- 23.5. Market Revenue, by Source (2017-2030)
- 23.6. Market Volume, by Application (2017-2030)
- 23.7. Market Revenue, by Application (2017-2030)
Chapter 24. South Korea Market
- 24.1. Overview
- 24.2. Market Volume, by Type (2017-2030)
- 24.3. Market Revenue, by Type (2017-2030)
- 24.4. Market Volume, by Source (2017-2030)
- 24.5. Market Revenue, by Source (2017-2030)
- 24.6. Market Volume, by Application (2017-2030)
- 24.7. Market Revenue, by Application (2017-2030)
Chapter 25. Brazil Market
- 25.1. Overview
- 25.2. Market Volume, by Type (2017-2030)
- 25.3. Market Revenue, by Type (2017-2030)
- 25.4. Market Volume, by Source (2017-2030)
- 25.5. Market Revenue, by Source (2017-2030)
- 25.6. Market Volume, by Application (2017-2030)
- 25.7. Market Revenue, by Application (2017-2030)
Chapter 26. Mexico Market
- 26.1. Overview
- 26.2. Market Volume, by Type (2017-2030)
- 26.3. Market Revenue, by Type (2017-2030)
- 26.4. Market Volume, by Source (2017-2030)
- 26.5. Market Revenue, by Source (2017-2030)
- 26.6. Market Volume, by Application (2017-2030)
- 26.7. Market Revenue, by Application (2017-2030)
Chapter 27. Saudi Arabia Market
- 27.1. Overview
- 27.2. Market Volume, by Type (2017-2030)
- 27.3. Market Revenue, by Type (2017-2030)
- 27.4. Market Volume, by Source (2017-2030)
- 27.5. Market Revenue, by Source (2017-2030)
- 27.6. Market Volume, by Application (2017-2030)
- 27.7. Market Revenue, by Application (2017-2030)
Chapter 28. South Africa Market
- 28.1. Overview
- 28.2. Market Volume, by Type (2017-2030)
- 28.3. Market Revenue, by Type (2017-2030)
- 28.4. Market Volume, by Source (2017-2030)
- 28.5. Market Revenue, by Source (2017-2030)
- 28.6. Market Volume, by Application (2017-2030)
- 28.7. Market Revenue, by Application (2017-2030)
Chapter 29. U.A.E. Market
- 29.1. Overview
- 29.2. Market Volume, by Type (2017-2030)
- 29.3. Market Revenue, by Type (2017-2030)
- 29.4. Market Volume, by Source (2017-2030)
- 29.5. Market Revenue, by Source (2017-2030)
- 29.6. Market Volume, by Application (2017-2030)
- 29.7. Market Revenue, by Application (2017-2030)
Chapter 30. Competitive Landscape
- 30.1. List of Market Players and their Offerings
- 30.2. Competitive Benchmarking of Key Players
- 30.3. Product Benchmarking of Key Players
- 30.4. Recent Strategic Developments
Chapter 31. Company Profiles
- 31.1. Archer-Daniels-Midland Company
- 31.1.1. Business overview
- 31.1.2. Product and service offerings
- 31.1.3. Key financial summary
- 31.2. Arboris, LLC
- 31.2.1. Business overview
- 31.2.2. Product and service offerings
- 31.3. BASF SE
- 31.3.1. Business overview
- 31.3.2. Product and service offerings
- 31.3.3. Key financial summary
- 31.4. Cargill, Incorporated
- 31.4.1. Business overview
- 31.4.2. Product and service offerings
- 31.5. Bunge Limited
- 31.5.1. Business overview
- 31.5.2. Product and service offerings
- 31.5.3. Key financial summary
- 31.6. Raisio plc
- 31.6.1. Business overview
- 31.6.2. Product and service offerings
- 31.6.3. Key financial summary
- 31.7. GUSTAV PARMENTIER GmbH
- 31.7.1. Business overview
- 31.7.2. Product and service offerings
- 31.8. The Lubrizol Corporation
- 31.8.1. Business overview
- 31.8.2. Product and service offerings
- 31.9. Advanced Organic Materials
- 31.9.1. Business overview
- 31.9.2. Product and service offerings
- 31.10. Ashland Global Holdings Inc
- 31.10.1. Business overview
- 31.10.2. Product and service offerings
- 31.10.3. Key financial summary
- 31.11. Merck KGaA
- 31.11.1. Business overview
- 31.11.2. Product and service offerings
- 31.11.3. Key financial summary
- 31.12. Matrix Life Science Inc
- 31.12.1. Business overview
- 31.12.2. Product and service offerings
- 31.13. Unilever PLC
- 31.13.1. Business overview
- 31.13.2. Product and service offerings
- 31.13.3. Key financial summary
- 31.14. ConnOils LLC
- 31.14.1. Business overview
- 31.14.2. Product and service offerings
- 31.15. Kensing, LLC
- 31.15.1. Business overview
- 31.15.2. Product and service offerings
Chapter 32. Appendix
- 32.1. Abbreviations
- 32.2. Sources and References
- 32.3. Related Reports
