Phytosterols Market Trends Segment Analysis and Future Scope

1. Phytosterols Market Will Reach USD 1,921.4 Million by 2030 1 © Prescient & Strategic Intelligence Private Limited. All rights reserved

2. The total value of the global phytosterols market was USD 952.4 million in 2022, and it will rise at a growth rate of above 9.2%, reaching USD 1,921.4 million by 2030. The key reason behind the growing demand for this food ingredient is the rising awareness, increasing revenue, fast-altering lifestyles, and growing worries over animal cruelty. Furthermore, plant-based phytosterol items and supplements are permitted by several government agencies concerned with food and pharmaceuticals globally. Download sample pages of this report: https://www.psmarketresearch.com/market- analysis/phytosterols-market/report-sample In 2030, beta-sitosterols will have the largest industry share, approximately 60%. This is credited to the mounting customer leaning toward useful foods and dietary supplements, propelled by the increasing awareness of the characteristic properties of beta-sitosterols derived from plants. Furthermore, the rising recognition of the ecological effect linked with orthodox chemical ingredients has led to the extensive acceptance of bio-based and maintainable substitutes across several industries. This move aid in minimizing the carbon footprint and guarantees customers’ trust by making fewer side effects. The fruits & vegetables category accounts for the largest share in the worldwide phytosterols market, because of the extensive obtainability of diverse vegetables and fruits in several nations, specifically those in the tropics, such as India, Brazil, and Indonesia. Such harvests serve as the main sources of phytosterols, which are removed in the dry or liquid form, via numerous processing approaches. The food & beverages category is the most-prominent application, and this category will advance during the projection period at a CAGR of 10%. Consumers’ move toward healthier food and beverage items is becoming the major market trend, particularly after COVID-19, which has forced individuals to become more aware of their well-being. Browse full report at: https://www.psmarketresearch.com/market-analysis/phytosterols- market Individuals are becoming conscious of heart-associated problems, for which phytosterols can be used as a substitute for extremely saturated fatty foods, which is a major reason for cardiovascular illnesses 2 © Prescient & Strategic Intelligence Private Limited. All rights reserved

3. and high bad cholesterol levels in the human body. Therefore, consuming more phytosterols can aid individuals to save on their high medicinal expenditures for the cure of such chronic situations. In 2022, the European region dominated the market with a share of 40%. A study by the National Library of Medicine suggests that the use of phytosterols or plant sterols has lately grown traction for the control of plasma cholesterol concentrations. The supremacy of Europe in the worldwide industry is mainly because of the growing customer awareness of the well-being advantages provided by phytosterol-fortified food items and the inclination of clientele to spend on premium personal care items, such as cosmetics made from maintainable and natural plant extracts. Furthermore, the move of European consumers’ preferences toward vegan and flexitarian diets has boosted the requirement for phytosterols. The research offers size of the phytosterols market for the period 2017–2030. Market Segmentation by Type Beta-Sitosterol Campesterol Stigmasterol Others Market Segmentation by Source Fruits & Vegetables Wholegrains, Soyabean & Lentils Nuts Dairy Products Others Market Segmentation by Application Foods & Beverages Pharmaceuticals Others Market Segmentation by Region North America Phytosterols Market • • • • • • • • • • • • • oBy type oBy source oBy application oBy country – U.S. and Canada 3 © Prescient & Strategic Intelligence Private Limited. All rights reserved

4. Europe Phytosterols Market • oBy type oBy source oBy application oBy country – Germany, U.K., France, Italy, Spain, and Rest of Europe Asia-Pacific (APAC) Phytosterols Market • oBy type oBy source oBy application oBy country – Japan, China, India, South Korea, Australia, and Rest of APAC Latin America (LATAM) Phytosterols Market • oBy type oBy source oBy application oBy country – Brazil, Mexico, and Rest of LATAM Middle East and Africa (MEA) Phytosterols Market • oBy type oBy source oBy application oBy country – Saudi Arabia, South Africa, U.A.E., and Rest of MEA Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a 4 © Prescient & Strategic Intelligence Private Limited. All rights reserved

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