Title: Phytosterols Market size to exceed $1bn by 2024
1Phytosterols Market size to exceed 1bn by 2024
Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2 Key Insights from Phytosterols Market
- Pharmaceutical application in the U.S
phytosterols market may witness over 9.0 CAGR.
Rising incidences such as cancer and
cardiovascular diseases on account of climate
dynamics may fuel product demand. It finds
application in improving immune systems and
curing diseases such as arthritis, tuberculosis,
psoriasis, allergies, asthma, hair loss and
bronchitis. - Cosmetic application, led by Japan and China
phytosterols market size in Asia Pacific,
generated business worth over USD 8 million in
2015. It is used for improving skin elasticity,
decreasing skin roughness and providing UV
protection. - Stigmasterol market size should witness over 3.5
growth. It is mainly processed from oilseeds and
medicinal herbs, and are used in progesterone and
cortisone production. These derived products are
used as intermediates in the biosynthesis of
androgens, estrogens and corticoids in
pharmaceutical industry.
3Continued...
- Brazil phytosterols market size should surpass
USD 30 million by 2024 with estimated gains at
over 8.5. - Campesterols are used in dietary supplements and
medicinal purposes due to growing consumers
health awareness. - Global phytosterols market share is highly
consolidated with few leading industry
participants fulfilling over 45 of the total
demand in 2015. Key industry participants include
BASF Cognis, Raisio, ADM and DuPont.
4Europe Phytosterols Market size, by application,
2013-2024 (USD Million)
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6360 Analysis
- Product Analysis
- Beta-sitosterol market size was generated over
USD 325 million business in 2015. It helps in
boosting immune system and disease prevention
such as asthma, hair loss, migraine headache,
colon cancer, tuberculosis, allergies and
cervical cancer. Rising heart disease prevalence
coupled with strong regulatory support should
drive phytosterols market size. - Regional Analysis
- UK, Italy, France and Germany phytosterols market
size generated over USD 145 million revenue in
2015. EU passed the Horizon Strategy 2020, aiming
to promote industrial development of eco-friendly
and naturally derived products which should open
new growth avenues for naturally derived
ingredients demand. - Competitive Market Share
- Global phytosterols market share is highly
concentrated with top industry participants
together catering to over 50 of the total
demand. Key industry particiapnats include BASF
Cognis, Raisio, Cargill and ADM. Other prominent
participants include, Arboris, Lipofoods,
PrimaPharm, DuPont, Eugene Science, Fenchem and
DRT.
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