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PUBLISHER: IMARC | PRODUCT CODE: 1347444

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PUBLISHER: IMARC | PRODUCT CODE: 1347444

Phytosterols Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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Global Phytosterols Market Outlook - 2028

The global phytosterols market size reached US$ 825 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,302 Million by 2028, exhibiting a growth rate (CAGR) of 8.1% during 2023-2028.

Phytosterols, or plant sterols, are naturally occurring bioactive compounds that are structurally similar to cholesterol found in animals. They are commonly available in unrefined vegetable oils, whole grains, seeds, nuts and legumes, and are primarily consumed to block the absorption of cholesterol in the digestive system. Phytosterols interfere with the intestinal absorption of cholesterol by displacing its molecules from micelles and facilitating its excretion, which aids in the reduction of the blood cholesterol levels. This, in turn, helps in maintaining an overall healthy body by preventing ailments such as cardiovascular diseases (CVDs), obesity and different types of cancers.

The increasing prevalence of disorders, such as hypercholesterolemia and cancer, is among the key factors driving the growth of the market. Consumers are increasingly demanding food products and dietary supplements that are rich in phytosterols due to their potential health benefits. Products such as milk, sausages, baked goods, yogurts, spreads and margarine are being fortified with the compound to enhance their nutritional content. Furthermore, the utilization of herbal and mineral extracts as food additives is also augmenting the product demand. Phytosterols are a crucial ingredient in dark chocolate formulations, which is a hugely popular confection item among the masses. The thriving cosmetic and skincare industry acts as another growth-inducing factor as it uses phytosterols in anti-aging creams and lotions due to their skin-replenishing and anti-inflammatory properties. Moreover, various product innovations and extensive research and development (R&D) to enhance the therapeutic benefits of phytosterols are projected to drive the market in the upcoming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global phytosterols market report, along with forecasts at the global, regional and country levels from 2023-2028. Our report has categorized the market based on product type and application.

Breakup by Product Type:

Beta-Sitosterols

Campesterols

Stigmasterols

Others

Breakup by Application:

Food Ingredients

Pharmaceuticals

Cosmetics

Others

Breakup by Region:

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

North America

United States

Canada

Asia Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Latin America

Brazil

Mexico

Argentina

Colombia

Chile

Peru

Others

Middle East and Africa

Turkey

Saudi Arabia

Iran

United Arab Emirates

Others

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Arboris, Archer Daniels Midland, BASF, Cargill, Cognis, Lipofoods, Matrix Fine Sciences, Pharmachem Laboratories Inc., Raisio Group and Unilever, etc.

Key Questions Answered in This Report:

  • How has the global phytosterols market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What has been the impact of COVID-19 on the global phytosterols market?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the market?
  • What is the structure of the global phytosterols market and who are the key players?
  • What is the degree of competition in the market?
Product Code: SR112023A1866

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Phytosterols Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Product Type

  • 6.1 Beta-Sitosterols
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Campesterols
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Stigmasterols
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Others
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast

7 Market Breakup by Application

  • 7.1 Food Ingredients
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Pharmaceuticals
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Cosmetics
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Others
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast

8 Market Breakup by Region

  • 8.1 Europe
    • 8.1.1 Germany
      • 8.1.1.1 Market Trends
      • 8.1.1.2 Market Forecast
    • 8.1.2 France
      • 8.1.2.1 Market Trends
      • 8.1.2.2 Market Forecast
    • 8.1.3 United Kingdom
      • 8.1.3.1 Market Trends
      • 8.1.3.2 Market Forecast
    • 8.1.4 Italy
      • 8.1.4.1 Market Trends
      • 8.1.4.2 Market Forecast
    • 8.1.5 Spain
      • 8.1.5.1 Market Trends
      • 8.1.5.2 Market Forecast
    • 8.1.6 Russia
      • 8.1.6.1 Market Trends
      • 8.1.6.2 Market Forecast
    • 8.1.7 Others
      • 8.1.7.1 Market Trends
      • 8.1.7.2 Market Forecast
  • 8.2 North America
    • 8.2.1 United States
      • 8.2.1.1 Market Trends
      • 8.2.1.2 Market Forecast
    • 8.2.2 Canada
      • 8.2.2.1 Market Trends
      • 8.2.2.2 Market Forecast
  • 8.3 Asia Pacific
    • 8.3.1 China
      • 8.3.1.1 Market Trends
      • 8.3.1.2 Market Forecast
    • 8.3.2 Japan
      • 8.3.2.1 Market Trends
      • 8.3.2.2 Market Forecast
    • 8.3.3 India
      • 8.3.3.1 Market Trends
      • 8.3.3.2 Market Forecast
    • 8.3.4 South Korea
      • 8.3.4.1 Market Trends
      • 8.3.4.2 Market Forecast
    • 8.3.5 Australia
      • 8.3.5.1 Market Trends
      • 8.3.5.2 Market Forecast
    • 8.3.6 Indonesia
      • 8.3.6.1 Market Trends
      • 8.3.6.2 Market Forecast
    • 8.3.7 Others
      • 8.3.7.1 Market Trends
      • 8.3.7.2 Market Forecast
  • 8.4 Latin America
    • 8.4.1 Brazil
      • 8.4.1.1 Market Trends
      • 8.4.1.2 Market Forecast
    • 8.4.2 Mexico
      • 8.4.2.1 Market Trends
      • 8.4.2.2 Market Forecast
    • 8.4.3 Argentina
      • 8.4.3.1 Market Trends
      • 8.4.3.2 Market Forecast
    • 8.4.4 Colombia
      • 8.4.4.1 Market Trends
      • 8.4.4.2 Market Forecast
    • 8.4.5 Chile
      • 8.4.5.1 Market Trends
      • 8.4.5.2 Market Forecast
    • 8.4.6 Peru
      • 8.4.6.1 Market Trends
      • 8.4.6.2 Market Forecast
    • 8.4.7 Others
      • 8.4.7.1 Market Trends
      • 8.4.7.2 Market Forecast
  • 8.5 Middle East and Africa
    • 8.5.1 Turkey
      • 8.5.1.1 Market Trends
      • 8.5.1.2 Market Forecast
    • 8.5.2 Saudi Arabia
      • 8.5.2.1 Market Trends
      • 8.5.2.2 Market Forecast
    • 8.5.3 Iran
      • 8.5.3.1 Market Trends
      • 8.5.3.2 Market Forecast
    • 8.5.4 United Arab Emirates
      • 8.5.4.1 Market Trends
      • 8.5.4.2 Market Forecast
    • 8.5.5 Others
      • 8.5.5.1 Market Trends
      • 8.5.5.2 Market Forecast

9 SWOT Analysis

  • 9.1 Overview
  • 9.2 Strengths
  • 9.3 Weaknesses
  • 9.4 Opportunities
  • 9.5 Threats

10 Value Chain Analysis

11 Porters Five Forces Analysis

  • 11.1 Overview
  • 11.2 Bargaining Power of Buyers
  • 11.3 Bargaining Power of Suppliers
  • 11.4 Degree of Competition
  • 11.5 Threat of New Entrants
  • 11.6 Threat of Substitutes

12 Price Indicators

13 Competitive Landscape

  • 13.1 Market Structure
  • 13.2 Key Players
  • 13.3 Profiles of Key Players
    • 13.3.1 Arboris
      • 13.3.1.1 Company Overview
      • 13.3.1.2 Product Portfolio
    • 13.3.2 Archer Daniels Midland
      • 13.3.2.1 Company Overview
      • 13.3.2.2 Product Portfolio
      • 13.3.2.3 Financials
      • 13.3.2.4 SWOT Analysis
    • 13.3.3 BASF
      • 13.3.3.1 Company Overview
      • 13.3.3.2 Product Portfolio
      • 13.3.3.3 Financials
      • 13.3.3.4 SWOT Analysis
    • 13.3.4 Cargill
      • 13.3.4.1 Company Overview
      • 13.3.4.2 Product Portfolio
      • 13.3.4.3 SWOT Analysis
    • 13.3.5 Cognis
      • 13.3.5.1 Company Overview
      • 13.3.5.2 Product Portfolio
    • 13.3.6 Lipofoods
      • 13.3.6.1 Company Overview
      • 13.3.6.2 Product Portfolio
    • 13.3.7 Matrix Fine Sciences
      • 13.3.7.1 Company Overview
      • 13.3.7.2 Product Portfolio
    • 13.3.8 Pharmachem Laboratories Inc
      • 13.3.8.1 Company Overview
      • 13.3.8.2 Product Portfolio
    • 13.3.9 Raisio Group
      • 13.3.9.1 Company Overview
      • 13.3.9.2 Product Portfolio
    • 13.3.10 Unilever
      • 13.3.10.1 Company Overview
      • 13.3.10.2 Product Portfolio
Product Code: SR112023A1866

List of Figures

  • Figure 1: Global: Phytosterols Market: Major Drivers and Challenges
  • Figure 2: Global: Phytosterols Market: Sales Value (in Million US$), 2017-2022
  • Figure 3: Global: Phytosterols Market: Breakup by Product Type (in %), 2022
  • Figure 4: Global: Phytosterols Market: Breakup by Application (in %), 2022
  • Figure 5: Global: Phytosterols Market: Breakup by Region (in %), 2022
  • Figure 6: Global: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 7: Global: Phytosterols (Beta-Sitosterols) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 8: Global: Phytosterols (Beta-Sitosterols) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 9: Global: Phytosterols (Campesterols) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 10: Global: Phytosterols (Campesterols) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 11: Global: Phytosterols (Stigmasterols) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 12: Global: Phytosterols (Stigmasterols) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 13: Global: Phytosterols (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 14: Global: Phytosterols (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 15: Global: Phytosterols (Food Ingredients) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 16: Global: Phytosterols (Food Ingredients) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 17: Global: Phytosterols (Pharmaceuticals) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 18: Global: Phytosterols (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 19: Global: Phytosterols (Cosmetics) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 20: Global: Phytosterols (Cosmetics) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 21: Global: Phytosterols (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 22: Global: Phytosterols (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 23: Europe: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 24: Europe: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 25: Germany: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 26: Germany: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 27: France: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 28: France: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 29: United Kingdom: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 30: United Kingdom: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 31: Italy: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 32: Italy: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 33: Spain: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 34: Spain: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 35: Russia: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 36: Russia: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 37: Others: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 38: Others: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 39: North America: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 40: North America: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 41: United States: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 42: United States: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 43: Canada: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 44: Canada: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 45: Asia Pacific: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 46: Asia Pacific: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 47: China: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 48: China: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 49: Japan: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 50: Japan: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 51: India: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 52: India: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 53: South Korea: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 54: South Korea: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 55: Australia: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 56: Australia: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 57: Indonesia: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 58: Indonesia: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 59: Others: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 60: Others: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 61: Latin America: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 62: Latin America: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 63: Brazil: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 64: Brazil: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 65: Mexico: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 66: Mexico: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 67: Argentina: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 68: Argentina: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 69: Colombia: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 70: Colombia: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 71: Chile: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 72: Chile: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 73: Peru: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 74: Peru: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 75: Others: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 76: Others: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 77: Middle East and Africa: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 78: Middle East and Africa: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 79: Turkey: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 80: Turkey: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 81: Saudi Arabia: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 82: Saudi Arabia: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 83: Iran: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 84: Iran: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 85: United Arab Emirates: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 86: United Arab Emirates: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 87: Others: Phytosterols Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 88: Others: Phytosterols Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 89: Global: Phytosterols Industry: SWOT Analysis
  • Figure 90: Global: Phytosterols Industry: Value Chain Analysis
  • Figure 91: Global: Phytosterols Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Phytosterols Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Phytosterols Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
  • Table 3: Global: Phytosterols Market Forecast: Breakup by Application (in Million US$), 2023-2028
  • Table 4: Global: Phytosterols Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 5: Global: Phytosterols Market: Competitive Structure
  • Table 6: Global: Phytosterols Market: Key Players
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