Plant Sterol Esters Market Size, Share, Growth, Trends, and Forecast to 2028

Introduction

The global Plant Sterol Esters market, which accrued revenue worth 617.7 (USD Million) in 2017 and anticipated to garner earnings about 1,182.4(USD Million) by 2027, is set to grow at a CAGR of nearly 6.8 % during the period from 2018 to 2027. The report offers valuation and analysis of the Plant Sterol Esters market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, restraints, revenue estimates, avenues, current & emerging trends, and industry-validated market information. The report offers historical data from 2015 to 2017 along with a forecast from 2018 to 2027 based on value (USD Million).

Plant Sterol Esters Market: Overview

Plant sterol esters also referred to as Phytosterols is a group of naturally occurring compounds that is found in cell membranes of plants. Furthermore, these compounds are similar to cholesterol and help in reducing cholesterol absorption, particularly low density lipoprotein cholesterol termed as bad cholesterol, in intestine. As per NIH researchers, with plant sterol esters having very less systemic absorption and present in healthy & nutritious food, rise in its consumption can help in reducing heart disorder. These compounds are found in large quantities in vegetable oils, soybeans, fruits, vegetables, whole grains, lentils, nuts, and mushrooms.

Plant Sterol Esters Market: Growth Dynamics

Apparently, some of the foods like breakfast bars, margarine, juices, cereal, salad dressings, bread, cheese, and yogurt are fortified with plant sterol esters. These compounds have wider application in retail pharmacies, health food retail stores, and grocery outlets. Reportedly, it has been found that these compounds have proved to be effective in treatment of hypercholesterolemia. All these aforementioned factors are anticipated to drive plant sterol esters industry in the years ahead. In addition to this, these compounds function as dietary adjuvants that help in reducing the risk of heart disorders. However, there have been some issues pertaining to atherogenic impacts of these compounds in some of the individuals and this can retard the market expansion in the years ahead.

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For the record, in March 2006, the U.S. FDA included CardioAid ™ plant sterols in GRAS category and hence food firms have included new food items that are fortified with CardioAid ™ plant sterols. Such moves are anticipated to have a favorable impact on the expansion of plant sterol esters industry in the years ahead.

Global Plant Sterol Esters Report Scope:

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North America Set To Dominate Overall Market Growth By 2027

The expansion of plant sterols esters industry in North America over the forecast timeline is owing to massive use of the compounds in fortified food items such as cheese products, porridge, bread, yoghurt, milk, soy drinks, pasta, frankfurters, fruit beverage, and chicken meat balls. Apart from this, approval of these products by the food authorities such as U.S. FDA will further prompt the regional market growth over the ensuing years.

Key participants profiled in the study include New Roots Herbal Inc., Arboris LLC, Enzymotech Ltd., and Xi’an Healthful Biotechnology Co.

The global plant sterol esters market is segmented as follows:

By product form:

• Oil
• Powder

By application:

• Dietary supplements
• Food
  • Bakery & Confectionery
  • Dairy
  • Cereals & Snacks
  • Spreads & Dressings
  • Vegetable Oil
  • Others (Sausages & Others)
• Beverages
• Cosmetics
• Pharmaceuticals

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa