Asia Pacific Phytosterols Market was worth USD 97.61 million in 2022 and is projected to grow at a CAGR of 9.7%, to reach USD 155.07 million by 2027
Phytosterols are a type of steroids found in plant cells. They are very similar to the structure of cholesterol present in the body and vary only in some carbon chains. Phytosterol is found in many plant-derived food products. When consumed, due to its structural similarity with cholesterol, it competes with cholesterol during the absorption process in the intestine. This lowers the cholesterol absorption of the body and hence the blood cholesterol levels. Hence, consuming food and beverages which contain phytosterols is recommended, especially for cardiovascular patients. However, many modern foods and beverages do not contain a significant amount of phytosterols. Food and beverage products which contain added phytosterols are available on a commercial scale in many countries. An increase in demand for healthy food and beverage products, health benefits associated with the consumption of phytosterols added food products and growing awareness among the general population are driving the market growth. An increasing number of cardiovascular diseases and a highly developed food and beverage industry are expected to propel market growth. However, undesirable risks due to the consumption of phytosterol-rich products are inhibiting the market growth.
The Phytosterols market is segmented
by type
application
By type,
Campesterol
Stigmasterol
Beta-sitosterol
Avenasterol
Beta-sitosterol holds the largest market share. Due to its effectiveness in lowering the amount of cholesterol absorbed by the body, it is widely used in several prepared foods. It is also found in some vegetable oils.
By application,
Pharmaceuticals
Food
Feed
Cosmetics
Food segment accounted for the largest market share because of the increasing applications of phytosterols in food and beverage products and its associated health benefits.
China
India
Japan
Australia
South Korea
China leads the market in the Asia Pacific region due to the growing health awareness and large consumer base. India and Australia also show sales for Phytosterol added food products and supplements.
BASF SE
DuPont
Bunge Limited
Pharmachem Laboratories
Raisio Plc
Unilever plc
Archer Daniels Midlands
Gustav Parmenteir GmbH
Connoils LLC
Cargill Incorporated
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