According to the latest market study released by Technavio, the global phytosterols market is expected to grow at a CAGR of almost 9% during the predicted period.
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Technavio has published a new report on the global phytosterols market from 2017-2021. (Graphic: Business Wire)
This research report titled 'Global Phytosterols Market 2017-2021' provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.
The therapeutic benefits of phytosterols are the major factor driving the applications of phytosterols. The increasing prevalence of lifestyle-related conditions such as obesity, overweight, and high blood pressure levels is expected to aid in the increased consumption of phytosterols-fortified foods and beverages due to the cholesterol-lowering benefits offered by phytosterols.
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Technavio's analysts categorize the global phytosterols market into four major segments by product type. They are:
- Beta-sitosterol
- Campesterol
- Stigmasterol
- Others
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The top three product type segments of the global phytosterols market are discussed below:
Global beta-sitosterol market
The various benefits offered by beta-sitosterol, such as reduction of blood cholesterol levels, skin conditioning and protection, and improvement of cognitive function, have been driving its use. Compared to other types of phytosterols, beta-sitosterol has the maximum number of applications. One among them is the use of beta-sitosterol in dietary supplements.
According to Akash Pandey, a lead food research analyst from Technavio, "In the Americas and Europe, beta-sitosterol is the main sterol found in consumers' diet. Functional food products such as margarine and spreads are usually fortified with beta-sitosterol. The pharmaceutical applications are one of the major contributors to the sales of beta-sitosterol. Phytosterol is used in pharmaceutical drugs for the treatment of conditions such as elevated cholesterol levels."
Global campesterol market
The unique therapeutic properties and health benefits of campesterol, such as for weight loss and osteoarthritis, are the major reasons for the increased use of campesterol. It also helps lower the transcription of genes that are a part of the cholesterol absorption mechanism in liver cells.
"Campesterol is used as an ingredient in phytosterol combination supplements but is present at a minimum percentage. It provides many benefits for the skin such as skin conditioning and skin protection; it is found in small concentration in sources such as soy, from which various cosmetic products are manufactured," says Akash
Global stigmasterol market
Stigmasterol, also known as Wulzen factor, is used in ready-to-consume frozen alcoholic drinks as a stabilizer and also in other food, nutraceutical, and cosmetic applications. Stigmasterol helps stop the breakdown of cartilage and has thus been used in the treatment of osteoarthritis. This therapeutic benefit has been utilized in the formulation of supplements and pharmaceutical drugs.
Stigmasterol has skin lightening property along with other skin enhancing benefits and thus is extensively used in skin care products. Stigmasterol found in the cream of milk is utilized to replicate the function of cholesterol in oils in the creation of cosmetic products. For instance, Replenish Plus, the US-based chemical-free cosmetics manufacturing company, offers LEVEL ONE MODERATE INTENSITY SKIN CARE AND MOISTURIZER under its brand A-SKINZATIONAL.
The top vendors highlighted by Technavio's research analysts in this report are:
- Arboris
- Archer Daniels Midland
- BASF
- Cargill
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