Dublin, May 11, 2020 (GLOBE NEWSWIRE) -- The "Phytosterols Market Size, Share & Trends Analysis Report by Product (Beta-sitosterol, Campesterol, Stigmasterol), by Application (Pharmaceuticals, Cosmetics, Food Ingredients), by Region, and Segment Forecasts, 2020 - 2027" report has been added to ResearchAndMarkets.com's offering.
The global phytosterols market size is expected to reach USD 1.4 billion by 2027, expanding at a revenue-based CAGR of 8.7%. Rising health awareness, coupled with the growing adoption of bio-based ingredients across the end-use industries such as cosmetics and pharmaceuticals, are some of the prime factors driving the growth of the market.
The market is expected to witness an increase in demand from Europe, where countries such as U.K. and Germany are among the early adopters of the bio-based economy. Pharmaceuticals, including phytosterol applications in creams, tablets, and other medicinal drugs is expected to be one of the prominent application areas. This is majorly driven by the consumer's rising inclination towards nutraceuticals and dietary supplements to support cardiovascular and nutritional health.
Participation in R&D, along with new and innovative product launches, is one of the factors driving intense competition among the players. Furthermore, compliance with the national and international regulatory norms is one of the critical concerns for the manufacturers. Compliance with these norms for sustainable manufacturing and distribution along with acquiring certifications such as USDA and GMP is one of the major concerns among the manufacturers involved in domestic as well as offshore businesses.
Few players of the market have a global presence and well-established relationships with end-users. Such players hold a prominent share of the market, while the rest of the regional or small players hold smaller shares of the market. Therefore, the competitive rivalry in the market is expected to remain low over the forecast period. This is further accelerated by the limited number of players operating in phytosterol production business operations.
Further key findings from the report suggest:
Key Topics Covered:
Chapter 1 Methodology and Scope
1.1 Market Segmentation & Scope
1.2 Market Definition
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Internal Database
1.3.3 Secondary Sources
1.3.4 Third Party Perspective
1.3.5 Primary Research
1.3.6 Primary Sources
1.4 Information Analysis
1.4.1 Data Analysis Models
1.5 Research Scope and Assumptions
Chapter 2 Executive Summary
2.1 Market Outlook
2.2 Segmental Outlook
2.3 Competitive Insights
Chapter 3 Phytosterols Market: Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Plant Extracts Market Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Industry Value Chain Analysis
3.3.1 Raw Material Trends
3.3.2 Manufacturing Trends
3.4 Technology Outlook
3.4.1 Production of sterols from vegeTable oil distillates
3.4.2 Production of sterols from wood pulp/tall oil
3.5 Regulatory Framework
3.6 Price Trend Analysis, By Product and Application
3.7 Market Dynamics
3.7.1 Market driver analysis
3.7.1.1 Growing Demand for Natural and Eco-Friendly Ingredients
3.7.1.2 Ascending Demand for Nutritional Supplements
3.7.1.3 Growth of Major End-Use Industries
3.7.2 Market restraint analysis
3.7.2.1 Low Profit Margins from Bio-Refineries
3.7.2.2 Strict Regulations and Adverse Health Effects
3.7.3 Industry Challenges
3.8 Business Environment Analysis
3.8.1 Industry Analysis - Porter's
3.8.1.1 Bargaining Power of Suppliers
3.8.1.2 Buyer Power
3.8.1.3 Threat of Substitutes
3.8.1.4 Threat from New Entrant
3.8.1.5 Competitive Rivalry
3.8.2 PESTEL Analysis
3.8.2.1 Political
3.8.2.2 Social
3.8.2.3 Economical
3.8.2.4 Technological
3.8.2.5 Environmental
3.8.2.6 Legal
Chapter 4 Phytosterols Market: Product Estimates & Trend Analysis
4.1 Product movement analysis & market share, 2019 & 2027 (Ton) (USD Million)
4.2 Phytosterols market size & forecasts and trend analysis, by product, 2016 - 2027 (Ton) (USD Million)
4.2.1 Beta-sitosterol
4.2.2 Campesterol
4.2.3 Stigmasterol
4.2.4 Others
Chapter 5 Phytosterols Market: Application Estimates & Trend Analysis
5.1 Application movement analysis & market share, 2019 & 2027 (Ton) (USD Million)
5.2 Phytosterols market size & forecasts and trend analysis, by application, 2016 - 2027 (Ton) (USD Million)
5.2.1 Pharmaceutical
5.2.2 Cosmetics
5.2.3 Food Ingredients
Chapter 6 Phytosterols Market: Regional Estimates & Trend Analysis
6.1 Phytosterols regional movement analysis & market share, 2019 & 2027 (Ton) (USD Million)
6.2 North America
6.3 Europe
6.4 Asia Pacific
6.5 Central & South America
6.6 Middle East & Africa
Chapter 7 Competitive Landscape
7.1 Company Market Share Analysis/Heat Map Analysis
7.2 Key Company Categorization
7.3 Vendor Landscape
7.4 List of Feedstock Suppliers for Phytosterols
7.5 Strategy Framework
Chapter 8 Company Profiles
8.1 BASF SE
8.2 Arboris, LLC
8.3 Bayer AG
8.4 Archer Daniels Midland Company
8.5 Cargill, Incorporated
8.6 The Lubrizol Corporation
8.7 Advanced Organic Materials, S.A.
8.8 Gustav Parmentier Gmbh
8.9 Drt Group
8.10 Merck Kgaa
8.11 Ashland
8.12 Raisio Plc.
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