Europe Phytosterols Market Analysis:
Europe Phytosterols Market was worth USD 231.86 million in 2021 and is projected to grow at a CAGR of 8.4%, to reach USD 347.03 million by 2026. 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. Phylosterol 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 are recommended, especially for cardiovascular patients. However, many modern foods and beverages does not contain significant amount of phytosterols. Food and beverage products which contain added phytosterols are available on a commercial scale in many countries.
Increase in demand for healthy food and beverage products, health benefits associated with the consumption phytosterols added food products and growing awareness among the general population are driving the market growth. Increasing number of cardiovascular diseases and highly developed food and beverage industry are expected to propel the 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 and region. By type, the market is categorized into Campesterol, Stigmasterol, Beta-sitosterol, Avenasterol and Others. 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, the market is categorized into Pharmaceuticals, Food, Feed and 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.
On the basis of region, the Europe Phytosterols market is segmented into UK, Germany, France, Spain and Italy. Europe leads the phytosterols market due to the favorable product approval process and increasing demand for healthy food products. UK and Germany are the major contributors to the market.
Some of the major players in Phytosterols market are BASF SE, DuPont, Bunge Limited, Pharmachem Laboratories, Raisio Plc, Unilever plc, Archer Daniels Midlands, Gustav Parmenteir GmbH, Connoils LLC and Cargill Incorporated.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 Campesterol
5.1.3 Stigmasterol
5.1.4 Beta-sitosterol
5.1.5 Avenasterol
5.1.6 Others
5.1.7 Y-o-Y Growth Analysis, By Type
5.1.8 Market Attractiveness Analysis, By Type
5.1.9 Market Share Analysis, By Type
5.2 Application
5.2.1 Introduction
5.2.2 Pharmaceuticals
5.2.3 Food
5.2.4 Feed
5.2.5 Cosmetics
5.2.6 Y-o-Y Growth Analysis, By Application
5.2.7 Market Attractiveness Analysis, By Application
5.2.8 Market Share Analysis, By Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type
6.1.3.3 By Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type
6.1.4.3 By Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type
6.1.5.3 By Application
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 BASF SE
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 DuPont
8.3 Bunge Limited
8.4 Pharmachem Laboratories
8.5 Raisio Plc
8.6 Unilever plc
8.7 Archer Daniels Midlands
8.8 Gustav Parmenteir GmbH
8.9 Connoils LLC
8.10 Cargill Incorporated
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
