DUBLIN, June 10, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/9ghrvh/phytosterols) has announced the addition of the "Phytosterols Market by Type (Beta-sitosterol, Campesterol, and Stigmasterol), Application (Food Ingredients, Pharmaceuticals, Cosmetics, and Feed) & by Region - Global Trends & Forecast to 2020" report to their offering.
The global market for phytosterols is projected to grow $721.26 Million by 2020, at a CAGR of 8.7% between 2015 and 2020.
The market for phytosterols is projected to grow significantly for the next five years in almost all parts of the world, especially in European and North American countries. Significant increase in the incidences of deaths caused due to cardiovascular diseases is one of the major driving factors for the phytosterols market, globally. The rise in aging population and increased awareness level regarding health & wellness are also contributing to the market growth. Phytosterols have been given the GRAS (Generally Recognized As Safe) status in the U.S., followed by an approval from the FDA and later by the EU Scientific Committee on Food (SFC).
The market was dominated by Europe, which accounted for around 38% of the total share in 2014. Regulatory approvals from the EU, increasing incidences of cardiovascular diseases, and the rising aging population are the major driving factors for the growth of the phytosterols market in Europe for the next five years. Germany was the largest market in the Europe.
The various health benefits of phytosterols are projected to drive its market globally. Their increasing end-use applications and increasing awareness level regarding health & wellness are the driving factors of the phytosterols market, globally.
The global market for phytosterols is marked with intense competition due to the presence of a large number of both, big and small firms. New product launches, mergers & acquisitions, and partnerships & expansions are the key strategies adopted by market players to ensure their growth in the market.
The market is dominated by players, such as Bunge Limited (U.S.), BASF SE (Germany), Pharmachem Laboratories Inc. (U.S.), E. I. du Pont de Nemours and Company (Germany), and Raisio Plc. (Finland).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Phytosterols Market, By Type
8 Phytosterols Market, By Application
9 Phytosterols Market, By Brand
10 Phytosterols Market, By Region
11 Competitive Landscape
12 Company Profiles
- ADM (U.S.)
- Arboris, LLC (U.S.)
- BASF SE
- Bunge Limited
- Cargill Inc. (U.S.)
- DuPont (U.S.)
- GmbH (Germany)
- Gustav Parmentier
- HyPhyto Inc. (U.S.)
- Pharmachem Laboratories, Inc. (U.S.)
- Raisio PLC
For more information visit http://www.researchandmarkets.com/research/9ghrvh/phytosterols
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SOURCE Research and Markets