Sterol esters are heterogeneous chemical compounds. Plant sterols and esters have been shown to reduce low-density lipoprotein (LDL) cholesterol in the blood when ingested. They are majorly added to certain oil-containing products such as milk, margarine, or yogurt to make functional foods to reduce cholesterol levels. Plant sterol is also known as phytosterols, a generic name for plant-derived sterols and stanols found in plants' fatty tissues. Plant sterol ester is rich in antioxidants, which enhances skin texture and also works as an anti-aging agent for skin. Hence it is also exploited in the cosmetics and personal care industry.
MARKET DYNAMICS
The plant sterol and esters aids in the reduction of cholesterol, and this is the major factor that amplifies the growth of the market. The majority of the populace of Europe and North America is suffering from cholesterol issues. For instance, according to the U.S. Department of Health & Human Services, 93 million U.S. adults, aged 20 or above, have total cholesterol levels higher than 200 mg/dL. Hence, plant sterols and esters are finding immense applications in food products, beverages, pharmaceuticals, and dietary supplements. The U.S. populace is highly adopting products containing plant sterol esters to reduce their cholesterol level. Various companies, such as BASF SE, RAISO PLC., and Cargill Incorporated, initiated the production of plant sterol ester-based products in the late 1990s. The companies have expanded their production facilities and capacities in order to meet the growing demand. Hence, the plant sterols and esters market is witnessing significant growth.
MARKET SCOPE
The "Global Plant Sterols and Esters Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the plant sterols and esters market with detailed market segmentation by form, application and geography. The global plant sterols and esters market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading plant sterols and esters market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global plant sterols and esters market is segmented on the basis of form and application. On the basis of form, plant sterols and esters market is classified into oil and powder. On the basis of application, market is segmented into food, beverages, dietary supplement, pharmaceutical, and cosmetics.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global plant sterols and esters market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The plant sterols and esters market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
`The report analyzes factors affecting the plant sterols and esters market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the plant sterols and esters market in these regions.
MARKET PLAYERS
The reports cover key developments in the plant sterols and esters market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from plant sterols and esters market are anticipated to lucrative growth opportunities in the future with the rising demand for organic shrimps in the global market. Below mentioned is the list of few companies engaged in the plant sterols and esters market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the plant sterols and esters market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ADM
- Advanced Organic Materials
- Arboris
- BASF SE
- Bunge Limited
- Cargill, Incorporated
- FENCHEM
- New Roots Herbal Inc.
- Raisio Plc.
- Xi'an Healthful Biotechnology Co., Ltd
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.