Phytosterols Market: Global Industry Trends, Share, Size, Growth, Opportunity And Forecast 2018-2026
The
rising prevalence of diseases such as hypercholesterolemia and cancer is one of
the key factors driving the market growth. Because of the potential health
benefits, consumers are increasingly demanding phytosterol-rich foods and
dietary supplements. Milk, sausages, baked goods, yogurt, spreads, and
margarine are being fortified with the compound to increase their nutritional
value. Furthermore, the use of herbal and mineral extracts as food additives is
increasing product demand. Phytosterols
Market
are an important component of dark chocolate formulations, which are a popular
confection among the general public.
Another growth-inducing factor is the thriving
cosmetic and skincare industry, which uses Phytosterols Market in anti-aging creams and lotions due
to their skin-replenishing and anti-inflammatory properties. Furthermore,
various product innovations and extensive R&D to improve the therapeutic
benefits of phytosterols are expected to drive the market in the coming years.
The market's largest product segment is
beta-sitosterol. The ease of extraction, combined with the fact that it is
naturally available, is propelling market growth. The increasing use of
beta-sitosterol in margarine to lower cholesterol content is expected to boost
future market demand. The approval of regulatory bodies for the use of Phytosterols Market
in end-use products boosts market growth. Demand is expected to be driven by
regulatory bodies promoting phytosterols as heart healthy.
Key Players:
BASF SE, Pharma-Chem Laboratories Inc, Raisio Plc.,
Bunge Limited, DuPont, ADM, Cargill Inc., HyPhyto Inc., Gustav Parmentier, and
Arboris, LLC are some of the key market players in the phytosterol industries.
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