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Phytosterols Market by Type , Application  & by Region - Global Trends & Forecast to 2020

Phytosterols Market: Forecast until 2020

  • May 2015
  • 185 pages
  • ID: 3009320
In this report:
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According to European Federation of Pharmaceutical Industries and Associations (EFPIA), the global pharmaceuticals market was estimated at $##.## billion in 2012 with North America accounting for ##% market share followed by Europe with ##.##% share.

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Phytosterols are a group of natural fatty substances found in all plant cell membranes. They resemble cholesterol in their structure and hence when consumed, compete with the cholesterol for absorption in digestive systems. As a result, the absorption of cholesterol is blocked and the level of blood cholesterol is reduced. Phytosterols can be found in varying concentrations in fat-soluble fractions of seed, root, stem, branches, leaves, and flowers; nevertheless, their concentration is the more important in edible oils, seeds, and nuts.

Key industry actors invest extensively in R&D initiatives to extend their products review. Continuous investments in new product improvement, launches, and acquisitions have expanded the scope of the market. The addition of functional ingredients has further added value to products. Top players in the sector introduce functional ingredients to add health benefits to products, which has resulted in the introduction of a new market for functional products.

Europe (EU) maintains the biggest share of the overall phytosterols market. In the forthcoming years, the industry is forecasted to grow the quickest in the European area, making it the quickest revenue-generating pocket.

Phytosterols have been used extensively in food, beverages, pharmaceuticals, and cosmetics due to their high-nutritional properties. In the recent past, the sector for phytosterols has undergone tremendous changes. The phytosterols market is increasing quickly due to its health benefits confirmed by a important number of scientific studies. Among all existing phytosterols, beta-sitosterol, campesterol, and stigmasterol are considered as the most relevance ones in economic terms.

The overall market is marked with intense competition due to the presence of a big number of big and small companies. New industry product developments, mergers & acquisitions, and business developments are the top strategies approved by market actors to assure increase in the industry. The sector is leaded by, is monopolized by players including the Bunge Limited, BASF SE, Pharmachem Laboratories Inc., DuPont, and Raisio Plc.. In this industry report, the overall phytosterols market is divided on the basis of type, application, and area. The overall phytosterols market was estimated at ~$438.5M in 2014 and is expected to grow at a compound annual growth rate (CAGR) of 8.70 percent between 2015 and 2022.

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