Phytosterols Market Analysis

Phytosterols Market Analysis

Global phytosterols market from food ingredients application is set to register more than 9 % CAGR through 2027 owing to change in lifestyle of individuals and increasing number of health-conscious people. Phytosterols finds application in functional foods and nutraceuticals to reduce LDL level along overall health and weight management. In addition to these, Phytosterols are the group of compounds for plant derived stanols and sterols which are found in fatty tissues of the plants. These compounds have similar chemical structure to cholesterol.

It is widely used to reduce the LDL cholesterol level owing to its ability to reduce cholesterol absorption in the small intestine. Rising incidences of heart diseases owing to unhealthy eating habit along with changes in lifestyle has promoted functional food demand fortified with phytosterols. It is also masks the bitterness of the products and hence reduce the amount of sugar and imparts a pleasant taste. Moreover, phytosterols are recognized as safe for human consumption in regulatory policies which is likely stimulate phytosterols market outlook.

Global phytosterols demand from beta - sitosterol product is likely to exceed USD 960 million by 2027 owing to increasing beta-sitosterol in pharmaceutical industry especially in medicines which is use for treating prostate disorders. Beta sitosterol is utilized in medications for lower urinary tract symptoms, minimizing cholesterol level, colon cancer, migraine, allergies, and heart disease treatment. Moreover, phytosterols are also used in animal feed to increase the feed efficiency especially in poultry diets and shrimp feed. Growing demand for animal protein and meat diet is expected to drive the product demand in forecast period and should support phytosterols market statistics across the globe.
 

Global phytosterols market from cosmetic application is likely to exceed USD 135 million by 2027 owing to increasing consumer spending on personal care along with growing awareness about one’s look and skin quality. Phytosterols holds an excellent anti- inflammatory and sun protection properties hence are highly used in antiaging and sun protection products. It is mainly extracted from soy, corn oil, bran and various other vegetable plants by innovative technological processes. They are usually used between concentrations of 0.2% - 5%. These materials have restoring and rejuvenating effects when applied to aged skin. Major skincare product exporting countries include France, U.S. South Korea & Germany accounting for major share of product demand from cosmetic industry. Antiaging skincare product has massive demand owing to increasing ageing population in the countries like Japan. These listed factors are fueling the phytosterols industry share growth.
 

North America phytosterols market size should surpass USD 445 million by 2027 owing to increasing demand for nutraceutical and its numerous applications in the pharmaceutical industry.  Phytosterols help reduce blood cholesterol levels along with imparting anticancer and prostrate cure remedy. Plant sterols has similar chemical structure as cholesterol which reduces bad cholesterol absorption in intestine thereby reducing blood cholesterol result. These compounds are not biologically synthesized in the body and need to be externally taken through food source of fortified food products.
 

Growing awareness regarding consumer health consciousness along with therapeutic benefits of phytosterols will favor industry landscape. U.S. FDA has issued an interim final rule authorizing a health claims for plant sterol and sterol esters for coronary heart disease. In addition to these, Canadian Food Inspection agency (CFIA) and Health Canada has approved phytosterol content in food products. These regulatory norms should increase incorporation of phytosterols in the fortified food products thereby stimulating the regional market trends.