Phytosterols Market Scope
Phytosterols are compounds that occur naturally and bear a close structural resemblance to cholesterol but have different side-chain configurations. Phytosterols can be obtained from vegetable oils or from industrial wastes, which gives an added value to the latter. Considerable efforts have been recently dedicated to the development of efficient processes for phytosterol isolation from natural sources. Phytosterols are used in pharmaceuticals, cosmetics, and nutrition and this is projected the growth of the Phytosterols market in the forecast period.
The market study is segmented by Type (Beta-Sitosterol, Campesterol, Stigmasterol and Others), by Application (Dairy Products, Beverages, Sauces and Condiments, Bakery and Confectionery, Pharmaceutical and Other) and major geographies with country level break-up.
The Players having a strong hold in the market are Raisio Plc., BASF, Archer Daniels Midland Company, and Bunge Limited. Research Analyst at AMA estimates that European and United States Players will contribute to the maximum growth of Global Phytosterols market throughout the predicted period.
Raisio Plc. (Finland), BASF (Germany), Archer Daniels Midland Company (United States), Bunge Limited (United States), DuPont (United States), Cargill, Incorporated (United States), Arboris, LLC (Georgia), ConnOils LLC (United States), DRT (France) and The Lubrizol Corporation (Spain) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Enzymotech Ltd. (Israel).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Phytosterols market by Type, Application and Region.
On the basis of geography, the market of Phytosterols has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In the European Union, the use of phytosterols, and their esters and in foods is regulated under Regulation (EC) No. 258/97 of the European Parliament and of the Council of 27 January 1997 concerning novel foods and novel food ingredients.
Market Trend
- Increasing trend of online self-education are presenting incredible opportunities for health supplements
Market Drivers
- Increasing Pharmaceuticals Industry in Emerging Economies
- Rising Demand of Cosmetics Products Globally
- The Growing aging Population, and Growing Focus on the Prevention of High Cholesterol Related Diseases
Opportunities
- Increased Awareness among Individuals Regarding Elevated Chances of Heart Diseases Arising out of High Cholesterol Levels
Restraints
- Stringent Government Norms Regulation Regarding Drugs
Key Target Audience
Phytosterols Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other
Customization available in this Study:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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