Phytosterols Market Growing at 7% CAGR to be Worth $721+M by 2020

Jul 23, 2015, 14:20 ET from RnR Market Research

DALLAS, July 23, 2015 /PRNewswire/ --

RnRMarketResearch.com adds Global Phytosterols Market 2015-2019 and Phytosterols Market by Type, Application & by Region - Global Trends & Forecast to 2020 research reports published in 2015 to its research library.

Complete report on phytosterols market for 2015-2019 spread across 67 pages, talking about 5 companies and supported with 25 data exhibits is now available at http://www.rnrmarketresearch.com/global-phytosterols-market-2015-2019-market-report.html .

According to Global Phytosterols Market 2015-2019 research report, cardiovascular diseases are caused as a result of high levels of LDL cholesterol. Phytosterols act as inhibitors prevent cholesterol absorption by the small intestine. Inhibition of cholesterol absorption reduces the circulating levels of cholesterol. The cholesterol found in the human body is replaced by plant cholesterol in the inhibition process. People in industrially developed nations show high incidence of cardiovascular diseases. Cholesterol reduction is the primary step to prevent such diseases and to achieve reductions in levels of cholesterol people are increasingly turning toward natural sources as they are devoid of side effects. This is a major factor that will make people purchase phytosterol-fortified products, thereby increasing sales. Proper communication regarding the benefits of consumption of phytosterols will aid in the growth of this market. Further, the report states that the market is facing disturbances due to the ongoing debate on various forums regarding the effectiveness of phytosterols in lowering the risk of cardiovascular diseases.

Commenting on this phytosterols market research, the publishing team says "Cholesterol is the root cause of many health issues. People consume more junk food nowadays, which leads to accumulation of cholesterol in the human body. Excessive amounts of cholesterol affect the heart in an adverse way and also cause problems with excess weight or obesity. These problems are generally exhibited by people living in developing economies as these are the places where the disposable incomes of people are increasing and people spend money on unhealthy foods. Proper dosage of phytosterols will help in lowering cholesterol levels and thereby reduce the risk of heart diseases. If such a factor is stressed, people will prefer to consume fast foods that are fortified with phytosterols. This will cause the market for phytosterols to pick up."

Archer Daniels Midland (ADM), BASF, Cargill, Pharmachem Laboratories and Raisio Life Sciences are the major phytosterols market companies discussed in this research. Other prominent vendors simply mentioned in this report are Danone, Pharmaconsult Oy, Teriaka, Triple Crown and Unilever. Order a copy of Global Phytosterols Market 2015-2019 research report at http://www.rnrmarketresearch.com/contacts/purchase?rname=395565 .

The global phytosterols market has grown at a tremendous pace in the past few years. Europe leads the market, followed by North America. APAC is touted to be the next big market for phytosterols, backed by the growth in the emerging markets of China and India. The market for phytosterols has been segmented on the basis of application, product type, and geography. Analysts forecast the global phytosterols market to grow at a CAGR of 7.65% during 2014-2019. This research provides data on the following segments of the market:

Application: functional foods, pharmaceuticals, and cosmetics

Product type: ß-sitosterol, campesterol, stigmasterol, ergosterol, and brassicasterol

Geography: APAC, EMEA, Americas, and ROW

Key industry players invest extensively in R&D initiatives to expand their product portfolios says the second research on same topic and titled Phytosterols Market by Type (Beta-sitosterol, Campesterol, and Stigmasterol), Application (Food Ingredients, Pharmaceuticals, Cosmetics, and Feed) & by Region - Global Trends & Forecast to 2020. Continuous investments in new product development, launches, and acquisitions have expanded the scope of the industry. The addition of functional ingredients has further added value to products. Key players in the industry introduce functional ingredients to add health benefits to products, which has resulted in the introduction of a new market for functional products.

Europe holds the largest share of the global phytosterols market. In the forthcoming years, the market is projected to grow the fastest in the European region, making it the fastest revenue-generating pocket. Phytosterols have been used extensively in food, beverages, pharmaceuticals, and cosmetics due to their high-nutritional properties. In the recent past, the market for phytosterols has undergone tremendous changes. The phytosterols market is growing rapidly due to its health benefits confirmed by a large number of scientific studies. Among all existing phytosterols, beta-sitosterol, campesterol, and stigmasterol are considered as the most relevance ones in economic terms. The high-growth potential in emerging markets and untapped regions provides new growth opportunities for market players. The growth of this market is driven by growing customer attention towards superior quality food, which should be balanced and nutritive.

According to this phytosterols market report (http://www.rnrmarketresearch.com/phytosterols-market-by-type-beta-sitosterol-campesterol-and-stigmasterol-application-food-ingredients-pharmaceuticals-cosmetics-and-feed-by-region-global-trends-forecast-to-2020-market-report.html ), the global market is marked with intense competition due to the presence of a large number of big and small firms. New product developments, mergers & acquisitions, and expansions are the key strategies adopted by market players to ensure growth in the market. In this report, the global phytosterols market is segmented on the basis of type, application, and region. The global phytosterols market was estimated at $438.45 million in 2014 and is projected to grow at a CAGR of 8.7% from 2015 to 2020.

The phytosterol industry has many players (small, medium, and large); however, the industry is dominated by a few. Raisio Plc. (Finland), BASF SE (Germany), and Bunge Limited (U.S.) collectively account for more than half of the total Phytosterols Market. Acquisition was found to be the most preferred growth strategy in the Phytosterols Market. Other players such as Pharmachem Laboratories, Inc. (U.S.), DuPont (U.S.), Cargill Inc. (U.S.), ADM (U.S.), Arboris, LLC (U.S.), HyPhyto Inc. (U.S.), and Gustav Parmentier GmbH (Germany) also have a strong presence in the market. Order a copy of this report on Phytosterols Market by Type, Application & by Region - Global Trends & Forecast to 2020 at http://www.rnrmarketresearch.com/contacts/purchase?rname=386334 .

Explore more reports by MarketsandMarkets as well as by Infiniti Research Limited / Technavio at http://www.rnrmarketresearch.com/publisher/Infiniti-Research-Limited.html available with RnRMarketResearch.com.

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