Europe Phytosterols Market - Forecast(2024 - 2030)
Europe Phytosterols Market Overview
Europe Phytosterols market size is forecast to reach $473.8 million by 2026, growing at a CAGR of 7.4% during the forecast period 2021-2026. Phytosterols are phytosteroids also known as stanol esters and plant sterols. Phytosterols are naturally occurring molecules present in plant cell membranes, similar to cholesterol in humans. Phytosterols are substances that are structurally similar to cholesterol and are only found in plants. They are added to food because of their ability to reduce blood cholesterol levels. Phytosterols can help decrease total cholesterol by up to 10% and LDL or "bad" cholesterol by up to 14% and prevent cardiovascular diseases. Phytosterols are commonly found in dairy products and margarine. Fruits, vegetables, vegetable oils, whole grains, soybeans, mushrooms, and other foods contain phytosterols. The increasing prevalence of cardiovascular diseases such as Coronary artery diseases, stroke, and heart attack coupled with rising demand of phytosterols as food additives are the major factors driving the growth of the market. Changing preference of consumer towards plant based products coupled with rising disposable income is set to further enhance the overall market development of the Europe Phytosterols Market for the period 2021-2026.
Europe Phytosterols Market Report Coverage
The report: “Europe Phytosterols Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Europe Phytosterols Market.
By Product Type: Beta-Sitosterol, Campesterol, Stigmasterol, Others
By Application: Food & Beverage, Pharmaceuticals, Cosmetics, Animal Feed, Others.
By Country: Germany, United Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe.
Key Takeaways
- Germany dominated the Europe Phytosterols Market in 2020 owing to rising application of phytosterols in pharmaceutical applications. The Europe Phytosterols Market scope for different countries will be provided in the final report.
- Increasing consumption of plant derived fortified food products are likely to aid the market growth of the Europe Phytosterols Market report.
- Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Europe Phytosterols Market report.
- Availability of alternative products is poised to create the hurdles for the Europe Phytosterols Market.
Europe Phytosterols Market Revenue, By Application, 2020
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Europe Phytosterols Market Segment Analysis – By Product Type
Beta-Sitosterol held the largest share in the Europe Phytosterols Market in 2020 and is estimated to grow at a CAGR 8.0% during the forecast period 2021-2026. Beta-sitosterol is a plant molecule that functions similarly to cholesterol. It helps to lower cholesterol levels by reducing the amount of cholesterol that enters the body also helps to lower risk of cancer. It is also believed to relieve the symptoms of benign prostatic hyperplasia (BPH). Beta-sitosterol is a sterol found in almost all plants. Beta-sitosterol is found in margarine, yogurt, and other foods, and a daily intake of 1.5 to 3 g is recommended. Beta-Sitosterol are estimated to register the higher CAGR over the period 2021-2026.
Europe Phytosterols Market Segment Analysis – By Application
Food & Beverage held the largest share in the Europe Phytosterols Market in 2020 and is estimated to grow at a CAGR 8.2% during the forecast period 2021-2026. The increasing application of phytosterols in food and beverage industry is driving the growth of the market. Manufacturers are developing products infused with plant sterols to take advantage of phytosterol's cholesterol-lowering action. Raisio, a UK-based firm, has used plant sterols in yogurt drinks, bars, spreads, and soft chews. In food industry, phytosterols are utilized as an ingredient in a variety of foods, including spread, cream, cheese, turkey liver sausage, mayonnaise, chicken balls, yogurt, buttermilk, soymilk, and oats. Food & Beverage are estimated to register the higher CAGR over the period 2021-2026.
Europe Phytosterols Market Segment Analysis – By Geography
Germany dominated the Europe Phytosterols Market with a major share of 23.2% in 2020. This is attributed to the growing disposable income of the people and increasing consumption of plant based food products in this region. Furthermore, growing urbanization, hectic lifestyle people prefer ready instant food products coupled with rising prevalence of cardiovascular diseases such as stroke, heart attack and others which are contributing to the growth of the market in this region. According to, European Society of Cardiology Report, Every year, more than 6 million new cases of CVD are diagnosed in the EU, and more than 11 million in Europe as a whole. With over 49 million individuals in the EU suffering from the diseases, the annual cost to the EU economies is significant at €210 billion.
Europe Phytosterols Market Drivers
Increasing Prevalence of Cardiovascular Diseases
Increasing prevalence of cardiovascular diseases such as Coronary artery diseases, stroke, and heart attack is increasing the growth of the Europe Phytosterols Market. Phytosterols have cardio protective ability. It is used in medicines for treating urinary tract problems, lowering cholesterol levels, colon cancer, migraines, allergies, and heart disease. Furthermore, growing awareness about benefits of phytosterols. Thus, increasing the growth of the Europe Phytosterols Market during the forecast period 2021-2026.
Rising Consumption of Plant Derived Fortified Food Products
Increasing consumption of plant derived fortified food products across the globe is increasing the growth of the Europe Phytosterols Market. According to the European Food Safety Authority (EFSA), consuming 1.5 g-2.4 g of plant sterols per day can help lower blood cholesterol levels by 7% – 10%. Thus, increasing the growth of the Europe Phytosterols Market during the forecast period 2021-2026.
Europe Phytosterols Market Challenges
Availability of Alternative Products
Some of the factors that are set to impede the growth of the Europe Phytosterols Market are availability of alternative products that helps in lowering cholesterols and maintain cholesterol level. Side effects of phytosterols also set to hinder the growth of the market.
Market Landscape
Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Europe Phytosterols Market. In 2020, the Europe Phytosterols Market share is consolidated by the top ten players present in the market. The Europe Phytosterols Market, top 10 companies are ADM, Cargill, Incorporated, Merck Group, Ashland Global Holdings Inc., Berkshire Hathaway Inc., BASF SE, Gustav Parmentier Gmbh, DuPont, and Bunge Limited
Relevant Titles:
Report Code: FBR 0356
Report Code: FBR 0359
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1. Europe Phytosterols Market - Overview
1.1 Definitions and Scope
2. Europe Phytosterols Market - Executive Summary
2.1 Market Revenue and Key Trends
2.2 Key trends by Product Type
2.3 Key trends by Application
2.4 Key trends by Country
3. Europe Phytosterols Market – Comparative Analysis
3.1 Product Benchmarking – Key Companies
3.2 Financial Analysis – Key Companies
3.3 Market Value Split by Key Companies
3.4 Patent Analysis –
3.5 Pricing Analysis
4. Europe Phytosterols Market - Startup Companies Scenario Premium
4.1 Key Startup Company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Venture Capital and Funding Scenario
5. Europe Phytosterols Market – Industry Market Entry Scenario Premium Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case Studies of Successful Ventures
6. Europe Phytosterols Market Forces
6.1 Market Drivers
6.2 Market Constraints/Challenges
6.3 Porters five force model
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes
7. Europe Phytosterols Market – Strategic Analysis
7.1 Value Chain Analysis
7.2 Opportunities Analysis
7.3 Market Life Cycle
8. Europe Phytosterols Market - By Product Type(Market Size –$Million/$Billion)
8.1 Beta-Sitosterol
8.2 Campesterol
8.3 Stigmasterol
8.4 Others
9. Europe Phytosterols Market - By Application (Market Size –$Million/$Billion)
9.1 Food & Beverage
9.2 Pharmaceuticals
9.3 Cosmetics
9.4 Animal Feed
9.5 Others
10. Europe Phytosterols Market - By Region(Market Size –$Million/$Billion)
10.1 Europe
10.1.1 U.K.
10.1.2 France
10.1.3 Germany
10.1.4 Italy
10.1.5 Spain
10.1.6 Russia
10.1.7 Rest of Europe
11. Europe Phytosterols Market - Entropy
12. Europe Phytosterols Market – Industry/Segment Competition Landscape Premium
12.1 Market Share Analysis
12.1.1 Market Share by Countries – Key Companies
12.1.2 Competition Matrix
12.1.3 Best Practices for Companies
13. Europe Phytosterols Market – Key Company List by Country Premium Premium
14. Europe Phytosterols Market Company Analysis
14.1 Company 1
14.2 Company 2
14.3 Company 3
14.4 Company 4
14.5 Company 5
14.6 Company 6
14.7 Company 7
14.8 Company 8
14.9 Company 9
14.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.
LIST OF TABLES
1.Global MARKET SEGMENTATION Market 2023-2030 ($M)1.1 By Product Type Market 2023-2030 ($M) - Global Industry Research
1.1.1 Beta-Sitosterol Market 2023-2030 ($M)
1.1.2 Campesterol Market 2023-2030 ($M)
1.1.3 Stigmasterol Market 2023-2030 ($M)
1.2 By Application Market 2023-2030 ($M) - Global Industry Research
1.2.1 Food and Beverage Market 2023-2030 ($M)
1.2.2 Pharmaceuticals Market 2023-2030 ($M)
1.2.3 Cosmetics Market 2023-2030 ($M)
1.2.4 Dietary Supplements Market 2023-2030 ($M)
1.2.5 Animal Feed Market 2023-2030 ($M)
2.Global COMPETITIVE LANDSCAPE Market 2023-2030 ($M)
2.1 Mergers Acquisitions Market 2023-2030 ($M) - Global Industry Research
3.Global MARKET SEGMENTATION Market 2023-2030 (Volume/Units)
3.1 By Product Type Market 2023-2030 (Volume/Units) - Global Industry Research
3.1.1 Beta-Sitosterol Market 2023-2030 (Volume/Units)
3.1.2 Campesterol Market 2023-2030 (Volume/Units)
3.1.3 Stigmasterol Market 2023-2030 (Volume/Units)
3.2 By Application Market 2023-2030 (Volume/Units) - Global Industry Research
3.2.1 Food and Beverage Market 2023-2030 (Volume/Units)
3.2.2 Pharmaceuticals Market 2023-2030 (Volume/Units)
3.2.3 Cosmetics Market 2023-2030 (Volume/Units)
3.2.4 Dietary Supplements Market 2023-2030 (Volume/Units)
3.2.5 Animal Feed Market 2023-2030 (Volume/Units)
4.Global COMPETITIVE LANDSCAPE Market 2023-2030 (Volume/Units)
4.1 Mergers Acquisitions Market 2023-2030 (Volume/Units) - Global Industry Research
5.North America MARKET SEGMENTATION Market 2023-2030 ($M)
5.1 By Product Type Market 2023-2030 ($M) - Regional Industry Research
5.1.1 Beta-Sitosterol Market 2023-2030 ($M)
5.1.2 Campesterol Market 2023-2030 ($M)
5.1.3 Stigmasterol Market 2023-2030 ($M)
5.2 By Application Market 2023-2030 ($M) - Regional Industry Research
5.2.1 Food and Beverage Market 2023-2030 ($M)
5.2.2 Pharmaceuticals Market 2023-2030 ($M)
5.2.3 Cosmetics Market 2023-2030 ($M)
5.2.4 Dietary Supplements Market 2023-2030 ($M)
5.2.5 Animal Feed Market 2023-2030 ($M)
6.North America COMPETITIVE LANDSCAPE Market 2023-2030 ($M)
6.1 Mergers Acquisitions Market 2023-2030 ($M) - Regional Industry Research
7.South America MARKET SEGMENTATION Market 2023-2030 ($M)
7.1 By Product Type Market 2023-2030 ($M) - Regional Industry Research
7.1.1 Beta-Sitosterol Market 2023-2030 ($M)
7.1.2 Campesterol Market 2023-2030 ($M)
7.1.3 Stigmasterol Market 2023-2030 ($M)
7.2 By Application Market 2023-2030 ($M) - Regional Industry Research
7.2.1 Food and Beverage Market 2023-2030 ($M)
7.2.2 Pharmaceuticals Market 2023-2030 ($M)
7.2.3 Cosmetics Market 2023-2030 ($M)
7.2.4 Dietary Supplements Market 2023-2030 ($M)
7.2.5 Animal Feed Market 2023-2030 ($M)
8.South America COMPETITIVE LANDSCAPE Market 2023-2030 ($M)
8.1 Mergers Acquisitions Market 2023-2030 ($M) - Regional Industry Research
9.Europe MARKET SEGMENTATION Market 2023-2030 ($M)
9.1 By Product Type Market 2023-2030 ($M) - Regional Industry Research
9.1.1 Beta-Sitosterol Market 2023-2030 ($M)
9.1.2 Campesterol Market 2023-2030 ($M)
9.1.3 Stigmasterol Market 2023-2030 ($M)
9.2 By Application Market 2023-2030 ($M) - Regional Industry Research
9.2.1 Food and Beverage Market 2023-2030 ($M)
9.2.2 Pharmaceuticals Market 2023-2030 ($M)
9.2.3 Cosmetics Market 2023-2030 ($M)
9.2.4 Dietary Supplements Market 2023-2030 ($M)
9.2.5 Animal Feed Market 2023-2030 ($M)
10.Europe COMPETITIVE LANDSCAPE Market 2023-2030 ($M)
10.1 Mergers Acquisitions Market 2023-2030 ($M) - Regional Industry Research
11.APAC MARKET SEGMENTATION Market 2023-2030 ($M)
11.1 By Product Type Market 2023-2030 ($M) - Regional Industry Research
11.1.1 Beta-Sitosterol Market 2023-2030 ($M)
11.1.2 Campesterol Market 2023-2030 ($M)
11.1.3 Stigmasterol Market 2023-2030 ($M)
11.2 By Application Market 2023-2030 ($M) - Regional Industry Research
11.2.1 Food and Beverage Market 2023-2030 ($M)
11.2.2 Pharmaceuticals Market 2023-2030 ($M)
11.2.3 Cosmetics Market 2023-2030 ($M)
11.2.4 Dietary Supplements Market 2023-2030 ($M)
11.2.5 Animal Feed Market 2023-2030 ($M)
12.APAC COMPETITIVE LANDSCAPE Market 2023-2030 ($M)
12.1 Mergers Acquisitions Market 2023-2030 ($M) - Regional Industry Research
13.MENA MARKET SEGMENTATION Market 2023-2030 ($M)
13.1 By Product Type Market 2023-2030 ($M) - Regional Industry Research
13.1.1 Beta-Sitosterol Market 2023-2030 ($M)
13.1.2 Campesterol Market 2023-2030 ($M)
13.1.3 Stigmasterol Market 2023-2030 ($M)
13.2 By Application Market 2023-2030 ($M) - Regional Industry Research
13.2.1 Food and Beverage Market 2023-2030 ($M)
13.2.2 Pharmaceuticals Market 2023-2030 ($M)
13.2.3 Cosmetics Market 2023-2030 ($M)
13.2.4 Dietary Supplements Market 2023-2030 ($M)
13.2.5 Animal Feed Market 2023-2030 ($M)
14.MENA COMPETITIVE LANDSCAPE Market 2023-2030 ($M)
14.1 Mergers Acquisitions Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Europe Phytosterols Market Revenue, 2023-2030 ($M)2.Canada Europe Phytosterols Market Revenue, 2023-2030 ($M)
3.Mexico Europe Phytosterols Market Revenue, 2023-2030 ($M)
4.Brazil Europe Phytosterols Market Revenue, 2023-2030 ($M)
5.Argentina Europe Phytosterols Market Revenue, 2023-2030 ($M)
6.Peru Europe Phytosterols Market Revenue, 2023-2030 ($M)
7.Colombia Europe Phytosterols Market Revenue, 2023-2030 ($M)
8.Chile Europe Phytosterols Market Revenue, 2023-2030 ($M)
9.Rest of South America Europe Phytosterols Market Revenue, 2023-2030 ($M)
10.UK Europe Phytosterols Market Revenue, 2023-2030 ($M)
11.Germany Europe Phytosterols Market Revenue, 2023-2030 ($M)
12.France Europe Phytosterols Market Revenue, 2023-2030 ($M)
13.Italy Europe Phytosterols Market Revenue, 2023-2030 ($M)
14.Spain Europe Phytosterols Market Revenue, 2023-2030 ($M)
15.Rest of Europe Europe Phytosterols Market Revenue, 2023-2030 ($M)
16.China Europe Phytosterols Market Revenue, 2023-2030 ($M)
17.India Europe Phytosterols Market Revenue, 2023-2030 ($M)
18.Japan Europe Phytosterols Market Revenue, 2023-2030 ($M)
19.South Korea Europe Phytosterols Market Revenue, 2023-2030 ($M)
20.South Africa Europe Phytosterols Market Revenue, 2023-2030 ($M)
21.North America Europe Phytosterols By Application
22.South America Europe Phytosterols By Application
23.Europe Europe Phytosterols By Application
24.APAC Europe Phytosterols By Application
25.MENA Europe Phytosterols By Application