Phytosterols Market Scope | Industry Analysis, Segments, Key Players, Drivers, Trends
Research Reports
Jan 05, 2021
Market Analysis
Phytosterols help in reduction and management of body weight and prevent disorders like cardiovascular diseases, obesity, and unnecessary body fat deposition. Continuously increasing obesity and other body weight related issues across the globe have turned up an opportunity for supplements and functional food and beverage industry to include plant-derived ingredients in their products, which is driving the growth of the phytosterols market.
Get Free Sample Copy of “Phytosterols Market” @ https://www.marketresearchfuture.com/sample_request/5452
Key manufacturers are emphasizing on new product development in order to enhance the customer base. Apart from that, the key players are promoting their products through advertisements in television and social media, which, in turn, is escalating the phytosterols demand. The global phytosterols market is expected to grow at a CAGR of 8.7% during the forecast period
Key Players
Some of the key players profiled in the Global Phytosterols Market are Cargill Inc. (U.S.), Archer-Daniels-Midland Company (U.S.), BASF SE (Germany), Bunge Ltd. (U.S.), E. I. du Pont de Nemours and Company (U.S.), Raisio Plc. (Finland), Pharmachem Laboratories, Inc. (U.S.), Gustav Parmentier Handeslgesellschaft GmbH (Germany), Arboris, LLC (U.S.) and Danone (France)
Segment
Global Phytosterols Market is segmented into Type and Application.
On the basis of the application, it is segmented into food products, pharmaceuticals, supplements, cosmetics, and others. Among all the applications, the food products segment is dominating the market owing to rising demand for phytosterols in various food preparations.
Regional Analysis
Global Phytosterols Market is segmented into Europe, North America, Asia Pacific and rest of the world (RoW). Europe is dominating the global market followed by North America. Europe is accounted for a greater consumption of phytosterols in supplements and food preparations owing to increasing rates of obese population and other cardiovascular diseases. Additionally, the high demand for phytosterols in functional food & beverages industry is considered to be a significant driving factor in this region.
Furthermore, owing to increasing consumer awareness and high demand for functional food & beverages supplemented with plant-derived products in Asia Pacific countries such as India and China, the phytosterols market is expected to grow at a steady pace. However, stringent regulations in the developed economies of North America and Europe region are expected to restrain the market growth in these regions.
Access Report Details @ https://www.marketresearchfuture.com/reports/phytosterols-market-5452
Tags:
, Reportedtimes, iCN Internal Distribution, Research Newswire, English