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Phytosterols Market Size

  • Report ID: GMI776
  • Published Date: Jan 2021
  • Report Format: PDF

Phytosterols Market Size

Phytosterols market size exceeded USD 780 million, in 2020 and is estimated to grow at over 9% CAGR between 2021 and 2027. Rising incidences of coronary heart disease, and cancer owing to transformation in dietary patterns along with increase in unhealthy habits is likely to drive phytosterols industry size.

 

Phytosterols has similar chemical structure as cholesterol which helps in restricting bad cholesterol absorption in intestine and replaces it with plant sterols which helps in reducing high cholesterol levels and prevent coronary heart diseases. Increasing adoption in cosmetics industry in skin creams, sun care lotion and antiaging products should fuel product demand. Phytosterols also used for as Nutra-cosmeceutical for internal treatment of skin to exhibit antiaging effect and enhance skin quality. Furthermore, growing consumer awareness regarding personal care along with growing economic standards is projected support market demand for phytosterols.<

 

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The global market for phytosterols had reached USD 780 million in 2020 and is anticipated to expand at more than 9% CAGR up to 2027 with the gradual change in dietary preferences among consumers.

The share of phytosterols industry from food ingredients applications could record around 9% CAGR between 2021-2027 owing to a rise in the number of health-conscious consumers.

Phytosterols market share from beta-sitosterol product segment will grow to over USD 980 million by 2027 due to increased demand from the pharmaceutical sector to make prostate disorder medicines.

The North America phytosterols industry share is projected to exceed USD 445 million by 2027 with the surge in consumption of pharmaceutical and nutraceutical products.

Phytosterols Market Scope

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 15
  • Tables & Figures: 231
  • Countries covered: 20
  • Pages: 190
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