Published on : Aug 16, 2018
Albany, New York, August 16, 2018: A fresh study, focusing on the global demand for sterols has been publicized to the vast archive of Market Research Hub (MRH), titled as “Global Market Study on Sterols: Attractive Application Prospects for Plant Sterols to Drive Growth over 2018 – 2026”. This study covers comprehensive analysis and insights on the key developments that are impacting the sterols market landscape. A holistic overview and analysis are offered to readers on the basis of historical trends and recent developments. Furthermore, geographical analysis has been presented which enlightens reader about the market size and forecast for each region. Regions emphasized in the study are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
In order to offer accurate results, this comprehensive study on sterols consists of market size, Y-o-Y growth and CAGR during the estimated period of 2018-2023. The report majorly covers different sections on market definition, market dynamics including the key drivers, restraints and trends that are governing the market. A crucial section of the report highlights sterols demand across the world. It also provides data including the new product developments as well as product offerings in the global Sterols market. As per the research projections, the global sterols market is expected to register a CAGR of 7.4% during the mentioned forecast period.
Key Insights from the Study
Plant sterols are naturally occurring substances found in some fruits, vegetables and other foods. Plant Sterols have reportedly been as effective as prescription drugs at lowering cholesterol. It has been clearly acknowledged that sterols represent a rapidly thriving industry, as the demand for dietary supplements, functional food products, and healthy food ingredients continues to increase predominantly to reduce the level of cholesterol in blood. Demographic changes in emerging economies, growing life expectancy, and awareness about continuing a healthy lifestyle will continue to motivate the demand for sterols. According to the study evaluations, the global sterols market, which currently evaluates roughly to US$ 755 Mn, is expected to take reach beyond US$ 1,300 Mn by the end of 2026.
For a better understanding of the market, the research has been categorized into source, end use, form and region. By source, the sterols market is segmented into vegetable and pine trees. On the basis of form, the study covers the powder and granular segment. Major end-use segment are food, pharmaceuticals, cosmetics, dietary supplements, and others. As per the research, Food industry is presumed to continue presenting the maximum growth opportunities to sterol manufacturers, retaining the top end user position. The study witnesses that market is likely to gain significant momentum, as healthcare professionals, researchers, government entities, and functional food manufacturers attempt to meet consumer demand for sterols and derived products.
At last, the study also includes a lucid competitor analysis, which tracks the business and product strategies of some of the leading players in the market. Key players active in the global Sterols market includes COFCO Tech Bioengineering (Tianjin) Co., Ltd., Vitae Caps S.A., The Archer Daniels Midland Company, Lipofoods SLU, BASF SE, Cargill, Inc., Raisio Plc , Xi'an Healthful Biotechnology Co., Ltd , Matrix Fine Sciences Pvt. Ltd., Vita-Solar Biotechnology Co., Ltd., DRT, Advanced Organic Materials, Arboris, LLC, Gustav Parmentier GmbH, Nutrartis and others.
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