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Phytosterols Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

September 2023 | 147 pages | ID: P511FB2BC4E6EN
IMARC Group

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Global Phytosterols Market Outlook - 2028

The global phytosterols market size reached US$ 825 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,302 Million by 2028, exhibiting a growth rate (CAGR) of 8.1% during 2023-2028.

Phytosterols, or plant sterols, are naturally occurring bioactive compounds that are structurally similar to cholesterol found in animals. They are commonly available in unrefined vegetable oils, whole grains, seeds, nuts and legumes, and are primarily consumed to block the absorption of cholesterol in the digestive system. Phytosterols interfere with the intestinal absorption of cholesterol by displacing its molecules from micelles and facilitating its excretion, which aids in the reduction of the blood cholesterol levels. This, in turn, helps in maintaining an overall healthy body by preventing ailments such as cardiovascular diseases (CVDs), obesity and different types of cancers.

The increasing prevalence of disorders, such as hypercholesterolemia and cancer, is among the key factors driving the growth of the market. Consumers are increasingly demanding food products and dietary supplements that are rich in phytosterols due to their potential health benefits. Products such as milk, sausages, baked goods, yogurts, spreads and margarine are being fortified with the compound to enhance their nutritional content. Furthermore, the utilization of herbal and mineral extracts as food additives is also augmenting the product demand. Phytosterols are a crucial ingredient in dark chocolate formulations, which is a hugely popular confection item among the masses. The thriving cosmetic and skincare industry acts as another growth-inducing factor as it uses phytosterols in anti-aging creams and lotions due to their skin-replenishing and anti-inflammatory properties. Moreover, various product innovations and extensive research and development (R&D) to enhance the therapeutic benefits of phytosterols are projected to drive the market in the upcoming years.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global phytosterols market report, along with forecasts at the global, regional and country levels from 2023-2028. Our report has categorized the market based on product type and application.

Breakup by Product Type:

Beta-Sitosterols
Campesterols
Stigmasterols
Others

Breakup by Application:

Food Ingredients
Pharmaceuticals
Cosmetics
Others

Breakup by Region:

Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Argentina
Colombia
Chile
Peru
Others
Middle East and Africa
Turkey
Saudi Arabia
Iran
United Arab Emirates
Others

Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Arboris, Archer Daniels Midland, BASF, Cargill, Cognis, Lipofoods, Matrix Fine Sciences, Pharmachem Laboratories Inc., Raisio Group and Unilever, etc.

Key Questions Answered in This Report:
How has the global phytosterols market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the global phytosterols market?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the market?
What is the structure of the global phytosterols market and who are the key players?
What is the degree of competition in the market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
  2.3.1Primary Sources
  2.3.2Secondary Sources
2.4Market Estimation
  2.4.1Bottom-Up Approach
  2.4.2Top-Down Approach
2.5Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1Overview
4.2Key Industry Trends

5 GLOBAL PHYTOSTEROLS MARKET

5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast

6 MARKET BREAKUP BY PRODUCT TYPE

6.1Beta-Sitosterols
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2Campesterols
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3Stigmasterols
  6.3.1 Market Trends
  6.3.2 Market Forecast
6.4Others
  6.4.1 Market Trends
  6.4.2 Market Forecast

7 MARKET BREAKUP BY APPLICATION

7.1Food Ingredients
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2Pharmaceuticals
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3Cosmetics
  7.3.1 Market Trends
  7.3.2 Market Forecast
7.4Others
  7.4.1 Market Trends
  7.4.2 Market Forecast

8 MARKET BREAKUP BY REGION

8.1Europe
  8.1.1 Germany
    8.1.1.1 Market Trends
    8.1.1.2 Market Forecast
  8.1.2 France
    8.1.2.1 Market Trends
    8.1.2.2 Market Forecast
  8.1.3 United Kingdom
    8.1.3.1 Market Trends
    8.1.3.2 Market Forecast
  8.1.4 Italy
    8.1.4.1 Market Trends
    8.1.4.2 Market Forecast
  8.1.5 Spain
    8.1.5.1 Market Trends
    8.1.5.2 Market Forecast
  8.1.6 Russia
    8.1.6.1 Market Trends
    8.1.6.2 Market Forecast
  8.1.7 Others
    8.1.7.1 Market Trends
    8.1.7.2 Market Forecast
8.2North America
  8.2.1 United States
    8.2.1.1 Market Trends
    8.2.1.2 Market Forecast
  8.2.2 Canada
    8.2.2.1 Market Trends
    8.2.2.2 Market Forecast
8.3Asia Pacific
  8.3.1 China
    8.3.1.1 Market Trends
    8.3.1.2 Market Forecast
  8.3.2 Japan
    8.3.2.1 Market Trends
    8.3.2.2 Market Forecast
  8.3.3 India
    8.3.3.1 Market Trends
    8.3.3.2 Market Forecast
  8.3.4 South Korea
    8.3.4.1 Market Trends
    8.3.4.2 Market Forecast
  8.3.5 Australia
    8.3.5.1 Market Trends
    8.3.5.2 Market Forecast
  8.3.6 Indonesia
    8.3.6.1 Market Trends
    8.3.6.2 Market Forecast
  8.3.7 Others
    8.3.7.1 Market Trends
    8.3.7.2 Market Forecast
8.4Latin America
  8.4.1 Brazil
    8.4.1.1 Market Trends
    8.4.1.2 Market Forecast
  8.4.2 Mexico
    8.4.2.1 Market Trends
    8.4.2.2 Market Forecast
  8.4.3 Argentina
    8.4.3.1 Market Trends
    8.4.3.2 Market Forecast
  8.4.4 Colombia
    8.4.4.1 Market Trends
    8.4.4.2 Market Forecast
  8.4.5 Chile
    8.4.5.1 Market Trends
    8.4.5.2 Market Forecast
  8.4.6 Peru
    8.4.6.1 Market Trends
    8.4.6.2 Market Forecast
  8.4.7 Others
    8.4.7.1 Market Trends
    8.4.7.2 Market Forecast
8.5Middle East and Africa
  8.5.1 Turkey
    8.5.1.1 Market Trends
    8.5.1.2 Market Forecast
  8.5.2 Saudi Arabia
    8.5.2.1 Market Trends
    8.5.2.2 Market Forecast
  8.5.3 Iran
    8.5.3.1 Market Trends
    8.5.3.2 Market Forecast
  8.5.4 United Arab Emirates
    8.5.4.1 Market Trends
    8.5.4.2 Market Forecast
  8.5.5 Others
    8.5.5.1 Market Trends
    8.5.5.2 Market Forecast

9 SWOT ANALYSIS

9.1Overview
9.2Strengths
9.3Weaknesses
9.4Opportunities
9.5Threats

10 VALUE CHAIN ANALYSIS

11 PORTERS FIVE FORCES ANALYSIS

11.1Overview
11.2Bargaining Power of Buyers
11.3Bargaining Power of Suppliers
11.4Degree of Competition
11.5Threat of New Entrants
11.6Threat of Substitutes

12 PRICE INDICATORS

13 COMPETITIVE LANDSCAPE

13.1Market Structure
13.2Key Players
13.3Profiles of Key Players
  13.3.1Arboris
    13.3.1.1 Company Overview
    13.3.1.2 Product Portfolio
  13.3.2Archer Daniels Midland
    13.3.2.1 Company Overview
    13.3.2.2 Product Portfolio
    13.3.2.3 Financials
    13.3.2.4 SWOT Analysis
  13.3.3BASF
    13.3.3.1 Company Overview
    13.3.3.2 Product Portfolio
    13.3.3.3 Financials
    13.3.3.4 SWOT Analysis
  13.3.4Cargill
    13.3.4.1 Company Overview
    13.3.4.2 Product Portfolio
    13.3.4.3 SWOT Analysis
  13.3.5Cognis
    13.3.5.1 Company Overview
    13.3.5.2 Product Portfolio
  13.3.6Lipofoods
    13.3.6.1 Company Overview
    13.3.6.2 Product Portfolio
  13.3.7Matrix Fine Sciences
    13.3.7.1 Company Overview
    13.3.7.2 Product Portfolio
  13.3.8Pharmachem Laboratories Inc
    13.3.8.1 Company Overview
    13.3.8.2 Product Portfolio
  13.3.9Raisio Group
    13.3.9.1 Company Overview
    13.3.9.2 Product Portfolio
  13.3.10Unilever
    13.3.10.1 Company Overview
    13.3.10.2 Product Portfolio

LIST OF TABLES

Table 1: Global: Phytosterols Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Phytosterols Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Phytosterols Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Phytosterols Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Phytosterols Market: Competitive Structure
Table 6: Global: Phytosterols Market: Key Players

LIST OF FIGURES

Figure 1: Global: Phytosterols Market: Major Drivers and Challenges
Figure 2: Global: Phytosterols Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Phytosterols Market: Breakup by Product Type (in %), 2022
Figure 4: Global: Phytosterols Market: Breakup by Application (in %), 2022
Figure 5: Global: Phytosterols Market: Breakup by Region (in %), 2022
Figure 6: Global: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 7: Global: Phytosterols (Beta-Sitosterols) Market: Sales Value (in Million US$), 2017 & 2022
Figure 8: Global: Phytosterols (Beta-Sitosterols) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 9: Global: Phytosterols (Campesterols) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Phytosterols (Campesterols) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Phytosterols (Stigmasterols) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Phytosterols (Stigmasterols) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Phytosterols (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Phytosterols (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Phytosterols (Food Ingredients) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Phytosterols (Food Ingredients) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Phytosterols (Pharmaceuticals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Phytosterols (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Phytosterols (Cosmetics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Phytosterols (Cosmetics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Phytosterols (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Phytosterols (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Europe: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Europe: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Germany: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Germany: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: France: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: France: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: United Kingdom: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: United Kingdom: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Italy: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Italy: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Spain: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Spain: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Russia: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Russia: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Others: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Others: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: North America: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: North America: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: United States: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: United States: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Canada: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Canada: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Asia Pacific: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Asia Pacific: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: China: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: China: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Japan: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Japan: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: India: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: India: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: South Korea: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: South Korea: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Australia: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Australia: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Indonesia: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Indonesia: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Others: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Others: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Latin America: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Latin America: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Brazil: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Brazil: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Mexico: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Mexico: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Argentina: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Argentina: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Colombia: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Colombia: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Chile: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Chile: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Peru: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Peru: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Others: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Others: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Middle East and Africa: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Middle East and Africa: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Turkey: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Turkey: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Saudi Arabia: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Saudi Arabia: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Iran: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Iran: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: United Arab Emirates: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 86: United Arab Emirates: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 87: Others: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
Figure 88: Others: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 89: Global: Phytosterols Industry: SWOT Analysis
Figure 90: Global: Phytosterols Industry: Value Chain Analysis
Figure 91: Global: Phytosterols Industry: Porter’s Five Forces Analysis


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