A recent
report published by Infinium Global Research on sterols market provides
in-depth analysis of segments and sub-segments in the global as well as
regional sterols market. The study also highlights the impact of drivers,
restraints, and macro indicators on the global and regional sterols market over
the short term as well as long term. The report is a comprehensive presentation
of trends, forecast and dollar values of global sterols market. According to
the report, the global sterols market is projected to grow at a CAGR of 8.2%
over the forecast period of 2019-2025.
The market
for functional foods containing sterols is flourishing steadily. However, the
growing health concerns over the last few years are propelling the growth of
the sterols market. The cholesterol-lowering effects of the sterols are
encouraging the adoption of sterol-containing foods. Commercially, they are
obtained from plant sources such as vegetable oils and tall oils.
The
increasing occurrences of cardiovascular diseases are primarily driving the
growth of the sterols market. Scientific studies indicate that consumption of
1.5-3 g of plant sterols per day can significantly reduce the level of
low-density lipoprotein cholesterol in individuals if consumed as part of a
healthy diet. This has led to an elevated demand for food products with added
plant sterols. Furthermore, the aging population is growing rapidly across the
globe, at a substantially faster rate than the total population. In addition,
more than 60% of the consumers of food products with added plant sterols had
high blood cholesterol levels and a large majority belonged to the over 45 age
group. Therefore, an increasing proportion of the aged population with several
chronic diseases favors the growth of the sterols market. However, low
awareness regarding the health benefits of sterol is hampering the growth of
the market. Moreover, new product development and launches are expected to
strengthen the sterol market on a global level.
Among the
regions, Europe holds the dominant share in the total addressable sterol
market. The high prevalence of chronic diseases combined with better awareness
about the foods containing sterols are contributing to the growth of the sterol
market. Furthermore, several food companies in the United Kingdom, Finland,
Sweden, Spain, France, Germany, Portugal, the Check Republic, Austria, Italy,
Greece, Belgium, Ireland, Denmark, and the Netherlands in the EU are
registering for approvals to offer products with added phytosterols is
anticipated to increase the share in the European markets. North America is
anticipated to grow slowly over the forecast period owing to low consumer and
practitioner awareness in this region. However, FDA approvals and the growing
availability of the foods with sterol in the U.S. market will positively impact
the growth in the North America region.
The report on
global sterols market covers segments such as source, type, and application. On
the basis of source, the sub-markets include vegetable oil, and tall oil. On
the basis of type, the sub-markets include beta-sitosterol, campesterol,
stigmasterol, brassicasterol, and other types. On the basis of application, the
sub-markets include food & beverages, pharmaceuticals, nutraceuticals, and
cosmetics.
The report
provides profiles of the companies in the market such as Archer-Daniels-Midland
Company, Cargill, Incorporated, BASF SE, Lipofoods SLU (Lubrizol Corporation),
Raisio Group, Arboris LLC, ConnOils LLC, Vitae Caps S.A., Matrix Fine Sciences
Pvt. Ltd., Xi'an Healthful Biotechnology Co., Ltd, and Other companies.
The report
provides deep insights into the demand forecasts, market trends, and micro and
macro indicators. In addition, this report provides insights into the factors
that are driving and restraining the growth in this market. Moreover, The
IGR-Growth Matrix analysis given in the report brings an insight into the
investment areas that existing or new market players can consider. The report
provides insights into the market using analytical tools such as Porter's five
forces analysis and DRO analysis of sterols market. Moreover, the study
highlights current market trends and provides forecast from 2019-2025. We also
have highlighted future trends in the market that will affect the demand during
the forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.
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