Sterols Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Global Sterols Market: By Raw Material (Rapeseed Oil, Corn Oil, Soybean Oil, Sunflower Oil, Vegetable Oil and Others), By Type (Brassicasterol, Beta-sitosterol, Stigmasterol, Campesterol and Others), By Application (Cosmetics, Food, Nutraceuticals and Others)  and Geography

 

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Description

Global Sterols Market

 

Global Sterols Market Report Description:

Global sterols market report gives comprehensive outlook on sterols across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on global sterols market gives historical, current, and future market sizes (US$ Mn) on the basis of raw material, type, application and region. This report studies global sterols market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global sterols market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global sterols market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the global sterols market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global sterols products.

 

Global Sterols Market:

The global sterols market estimated to be valued US$ XX Mn in 2019 and poised to grow at significant CAGR over 2020-2026. Some of the key factors fostering the market growth include increasing prevalence of cardiovascular diseases, growing purchasing power of consumers, expanding elderly population, rising awareness about maintaining a healthy lifestyle and increasing life expectancy. Increasing application of plant sterols in food & dietary supplements is other factor responsible for market growth. However, limited awareness regarding the product amongst consumers is limiting the market growth.

 

Increasing Prevalence of Cardiovascular Diseases are Fueling the Market Growth

 

As the global population pushes and more people reach old age, the number of deaths from cardiovascular diseases is on the rise. Cardiovascular diseases, the leading cause of premature death in the world, include heart attacks, strokes, and other circulatory diseases. Risk factors for cardiovascular disease are particular habits, behaviors, circumstances or conditions that increase a person’s risk of developing cardiovascular disease, including lack of exercise, unhealthy eating, smoking, diabetes, age and family history. Sterols reduce the absorption of cholesterol from the gut and so lower serum concentrations of cholesterol. Sterol-enriched diets in combination with statins, produced significant reductions in total cholesterol. People at high risk of heart disease, especially those with high blood cholesterol levels, may benefit from eating foods that have added sterols. Hence, increasing prevalence of cardiovascular diseases are fueling the market growth.

 

Asia Pacific Accounts for Larger Market Revenue Share in Global Sterols Market

 

Asia Pacific accounted for larger revenue share in global sterols market with considerable CAGR. As there is a rapidly changing lifestyle among consumers there is an increasing cardiovascular diseases which will increase the consumption of sterols in the region. Also, Japan is the major contributor for the market growth in the region owing to the launching of new sterols products by Japanese companies. Moreover, Europe held considerable market share during the predicted period due to increasing awareness for health and wellness among the consumers.

 

Competition Assessment

Key player’s profiles in the global sterols market include:

  • Advanced Organic Materials (Argentina)
  • Arboris LLC (U.S)
  • BASF SE (Germany)
  • Cargill Inc. (U.S)
  • COFCO Tech Bioengineering (Tianjin) Co.Ltd. (China)
  • Lipofoods SLU (Spain)
  • Matrix Fine Sciences Pvt. Ltd. (India)
  • Nutrartis (Chile)
  • Raisio Plc (Finland)
  • The Archer Daniels Midland Company (U.S)
  • Vitae Caps S.A. (Spain)
  • Vita-Solar Biotechnology Co.Ltd. (China)
  • Xi’an Healthful Biotechnology Co.Ltd (China)

 

Global sterols market is surging owing to frequent acquisitions and launchings by the market players. For Instance, In Mar 2018, BASF introduced Newtrition®, personalized nutrition solutions for cardiovascular health. Personalized nutrition is on the cusp of becoming mainstream. Consumers are increasingly interested in tracking their well-being in more tangible ways and are constantly finding ways to determine their health status and ascertain the efficacy of the supplements they are taking.

 

Key Findings of the Report:

 

  • Global sterols market expanding at significant CAGR over 2020 to 2026 due to increasing prevalence of cardiovascular diseases
  • Based on type, brassicasterol segment accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global Sterols market

 

Detailed Segmentation

 

By Raw Material

  • Rapeseed Oil
  • Corn Oil
  • Soybean Oil
  • Sunflower Oil
  • Vegetable Oil
  • Others

 

By Type

  • Brassicasterol
  • Beta-sitosterol
  • Stigmasterol
  • Campesterol
  • Others

 

By Application

  • Cosmetics
  • Food
  • Nutraceuticals
  • Others

 

By Geography

 

North America

  • US
  • Canada

Europe

  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

 

Key Features of the Report:

 

  • The report provides granular level information about the market size, regional market share, historic market (2015-2019) and forecast (2020-2026)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market


Location

GEOGRAPHY

PBI Location Map

ASIA PACIFIC OFFICE

Precision Business Insights, 5th Floor, Mohan’s Elite, Opp : Bharat Petroleum Pump, Khanamet Road, Hitech City, Hyderabad – 500084

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX