Asia-Pacific Leads Phytosterols Global Market to Reach 27.2K MTs by 2027

By: Industry Experts, Inc
LOS ANGELES - March 23, 2023 - PRLog -- Industry Experts, Inc. unveiled the global market research report entitled "Global Phytosterols Market – Products, Raw Material Sources and Applications". According to the new report, Food & beverages is the leading application for phytosterols globally, estimated at 13.2 thousand metric tons in 2022 which is projected to post a moderate CAGR (2022-2027) to reach 14.7K MTs by 2027.

Phytosterols are one of the most important bioactive compounds for their positive effect on lowering blood cholesterol levels. Numerous clinical trials have demonstrated that daily consumption of phytosterols from phytosterol-enriched foods can significantly lower serum low-density lipoprotein (LDL)-cholesterol. An average phytosterol intake of 2 g/day lowers serum LDL-cholesterol by 8%-10%.

Global market for phytosterols is estimated at 23.8 thousand metric tons, valued at US$483 million, in 2022, the volume demand for phytosterols worldwide is further projected to reach 27.2 thousand metric tons, equated to US$560 million, by 2027 growing at a CAGR of 2.7% between 2022 and 2027. Consumption of phytosterols is the highest in Europe, estimated at 45% share in 2022 followed by Asia-Pacific with a share of 32% in the same year.

This report reviews, analyzes and projects the Phytosterols market for global and regional markets including North America, Europe, Asia-Pacific and South America for the period 2021-2027 in terms of volume in metric tons and value in USD. These regional markets further analyzed for 30 independent countries across North America – the United States and Canada; Europe – Western Europe (Belgium, Finland, France, Germany, the Netherlands, Portugal, Spain, Sweden, Switzerland and the United Kingdom) and Eastern Europe (Greece, Hungary, Poland and Slovenia); Asia-Pacific – Australia, China, India, Indonesia, Japan, Philippines, Singapore, Thailand and Vietnam; and South America – Argentina, Brazil, Chile, Columbia and Uruguay).

Phytosterols product types analyzed in this study comprise Free Sterols, Sterol Esters and Stanol Esters. The global market for Phytosterols applications explored in this study includes Food & Beverages, Pharmaceuticals, Dietary Supplements and Cosmetics & Personal Care. The study extensively provides pricing trends, regulatory aspects, industry structure and installed capacities for major players & key regions.

This 272 global market research report on Phytosterols includes 388 charts (includes a data table and graphical representation for each chart), supported with a meaningful and easy to understand graphical presentation, of the market. This report includes profiles for 36 key global players consisting of a brief business profile and product portfolio while the report also provides the listing of the companies engaged in production, research & development, supply and distribution of Phytosterols covering addresses, contact numbers and the website addresses.

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