Phytosterols market size exceeded USD 780 million, in 2020 and is estimated to grow at over 9% CAGR between 2021 and 2027.

Phytosterols Market

Plant stanols and sterols that are comparable to cholesterol are known as phytosterols. Phytosterols interfere with dietary cholesterol absorption by displacing cholesterol from micelles, lowering the risk of obesity. Phytosterols can be found in unrefined vegetable oils, nuts, seeds, legumes, and whole grains. According to the European Food Safety Authority (EFSA), a person's blood cholesterol level can be decreased by 7 to 10% if they ingest 1.5 to 2.4 grams of plant sterols and stanols per day.

In 2015, over 17.7 million individuals died as a result of cardiovascular diseases, with 7.4 million of those fatalities owing to coronary heart disease (CHDs). Obesity has become a big consumer problem, particularly in industrialized regions like North America and Europe. In 2016, the average amount spent on obesity-related diseases in the United States was around US$ 383.0 million. Phytosterols Market is seen as additions that can help lower cholesterol levels in dairy and confectionary items by substituting margarine without creating any negative side effects.

The market's largest product segment is beta-sitosterol. The market is growing because of the simple extraction procedure and the fact that it is naturally available. Beta-increasing sitosterol's use in margarine to lower cholesterol levels is predicted to boost future market demand. The use of phytosterols in end-use goods has been approved by regulatory agencies, which has helped market growth. Demand is projected to be driven by regulatory agencies that promote phytosterols as heart-healthy.

Market Outlook for Phytosterol:

Phytosterols have the greatest market in North America. The United States is the largest market, followed by Canada. According to the American Heart Association, about 39% of individuals in the United States have a cholesterol level of 200 mg/dL, while 11.9 percent had a cholesterol level of 240 mg/dL. Each year, CVD kills roughly 801,000 people in the United States. Every day, over 2,200 people die in the United States as a result of cardiovascular disease. This offers a significant market for phytosterol producers. Consumer preferences for healthier foods, as well as consumer awareness of natural components in low-fat milk and yogurt products, are likely to enhance demand in the region.

BASF SE, Pharma-Chem Laboratories Inc, Raisio Plc., Bunge Limited, DuPont, ADM, Cargill Inc., HyPhyto Inc., Gustav Parmentier, and Arboris, LLC are some of the major participants in the phytosterol industry.

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