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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