Global Phytosterols Market Report by 2020:Grand View Research, Inc.
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Post on 19-Jul-2015
<ul><li><p>Global Phytosterols Market By Application (Pharmaceuticals, Cosmetics, </p><p>and Food Ingredients), By Product (Beta-sit sterol, Camp sterol, Stigma </p><p>sterol) is Expected to Reach USD 989.8 Million by 2020: Grand View </p><p>Research, Inc </p><p>The global market for phytosterols (http://www.grandviewresearch.com/industry-</p><p>analysis/phytosterols-market) is expected to reach USD 989.8 million by 2020, according </p><p>to a new study by Grand View Research, Inc. Phytosterols are widely used as additives in </p><p>food products such as dairy, sausages, cold cuts, etc. One of the major drivers for the growth </p><p>of phytosterols market is the favorable regulatory scenario, promoting their use in functional </p><p>foods and nutraceuticals. In addition, proven ability of phytosterols, to reduce cardiovascular </p><p>disorders is also expected to have positive impact on market demand. Increasing prevalence </p><p>of coronary heart diseases is further expected to augment the demand for phytosterols over </p><p>the next six years. </p><p>Food ingredients were the largest application segment for phytosterols, accounting for close </p><p>to 25,000 tons of global demand in 2013. Increasing consumption of functional foods and </p><p>beverages in North America and Europe and rising awareness of phytosterols in these regions </p><p>is expected to play a major role in the development of the application. Pharmaceuticals were </p><p>the second largest application segment, with market demand exceeding 19,354.0 tons in </p><p>2013. </p><p>The report Phytosterols Market Analysis By Application (Pharmaceutical, Cosmetics, Food Ingredients), By Product (Beta-Sitosterol, Campesterol, Stigmasterol, Ergosterol) And </p><p>Segment Forecasts To 2020, is available now to Grand View Research customers and can also be purchased directly at http://www.grandviewresearch.com/industry-</p><p>analysis/phytosterols-market </p></li><li><p>Further key findings from the study suggest: </p><p> The global phytosterols demand was 49,299.6 tons in 2013 and is expected to reach </p><p>80,535.9 tons in 2020, growing at CAGR of 7.2% from 2014 to 2020. </p><p> Europe was the largest regional market for phytosterols, with revenue estimated at </p><p>USD 292.8 million in 2013. Favorable regulatory scenario in this region is expected </p><p>to propel market growth. In addition, Europe is also expected to witness fastest </p><p>growth, at an estimated CAGR of 8.8% from 2014 to 2020. </p><p> North America and Asia Pacific phytosterol demand is expected to grow at an </p><p>estimated CAGR of 6.6% and 6.3% from 2014 to 2020, respectively. </p><p> In 2013, beta-sitosterol accounted for the largest market share of 65.48% and is </p><p>expected to witness fastest demand growth, at an estimated CAGR of 7.4% from 2014 </p><p>to 2020. Its use in a wide range of medical applications such as prevention from colon </p><p>cancer, cervical cancer etc. is expected to boost its demand over the next six years. </p><p> The global market for phytosterols is oligopolistic in nature and is dominated by three </p><p>companies including ADM, Cognis-BASF and Raisio Life Sciences. </p><p>Request free sample of this Report @ http://www.grandviewresearch.com/industry-</p><p>analysis/phytosterols-market/request </p><p>For the purpose of this study, Grand View Research has segmented the global phytosterols </p><p>market on the basis of application, product and region: </p><p> Phytosterols Applications Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2020) </p><p> Pharmaceuticals Cosmetics Food Ingredient Phytosterols Product Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2020) </p><p> Beta-sitosterol Campesterol Stigmasterol Others Phytosterols Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020) </p><p> North America Europe Asia Pacific RoW </p></li><li><p> Browse All Reports of this category@ http://www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements About Grand View Research Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/ Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415-349-0058 Email: email@example.com </p></li></ul>
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