APAC Phytosterols Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 9.80 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
APAC Phytosterols Market Analysis
Asia-Pacific Phytosterols market is forecasted to reach USD 127.32 million by 2025growing at a CAGR of 9.8% during the forecast period (2020- 2025).
- The Asia-Pacific region is emerging as the world’s major growing market for phytosterol fortification, where China is leading, given the country’s focus on soy-based foods and the rising incidences of heart health diseases.The rising concerns about genetic modification issues with the US soy products are driving demand for Asian-sourced soy-based phytosterol.
- To spread awareness and expand the usage of phytosterol, regional governments are taking actions for the development of the ingredient, for instance, South Australia has agreed to export more dairy products infused with phytosterol to India.
APAC Phytosterols Market Trends
This section covers the major market trends shaping the APAC Phytosterols Market according to our research experts:
Campesterol holds a prominent share in the market
Campesterol has various biological properties, like anti-carcinogenic, anti-inflammatory, antioxidant, antibacterial, anti-fungal, and anti-cancer. The prevalence of the cardivascular disease in the Asian region has triggered the demand for campesterol, mostly within the dietary supplement industry, to help combat arthritis, cardiovascular diseases, and prostate enlargement. Besides the use of campesterol as a cholesterol-lowering ingredient, these ingredients are potential pharmaceutical ingredients that give various beneficial health effects. The growing demand for clean-label ingredients and natural products has led to an increased demand for campesterol-infused products in countries like China, Australia, New Zealand, and other countries.
Increasing Application in Sauces & Condiments
In Asia Pacific countries such as Japan, China, and India the phytosterols are being used in sauces and condiments owing to its nutritional properties such as it helps in reducing cholesterol. In countries like India, cholesterol is a prevailing problem as 30% of the consumers are found to be suffering from high cholesterol level. This, in turn, provides a great opportunity for manufacturers with increased application in sauces and condiments. Moreover emerging economies and growing health awareness make it a potential market for phytosterols in sauces and condiments industry. Phytosterols are used in various condiments, such as salad dressings, sauces, pasta sauces, dessert sauces, yellow fat spreads, and margarine.
APAC Phytosterols Industry Overview
The major competitors in the Asia-Pacific phytosterol market are Arboris, Archer Daniels Midland (ADM), BASF, Bunge Limited, Cargill, Danone, DuPont, Enzymotec Ltd, Forbes Medi-Tech Inc., Gustav Parmentier, Pharmachem Laboratories, Raisio PLC, Teriaka, and Unilever, among others. The leading companies are gaining momentum in the global market, by making increased use of tall and vegetable oils as a source of extraction. Tall oil phytosterol esters can be evenly dispersed through products, such as reduced-fat cheese.
APAC Phytosterols Market Leaders
-
Archer Daniels Midland Company
-
Cargill, Incorporated
-
Matrix Fine Sciences Pvt Ltd
-
Ashland Global Specialty Chemicals Inc.
-
Berkshire Hathaway Inc.
*Disclaimer: Major Players sorted in no particular order
APAC Phytosterols Market Report - Table of Contents
-
1. INTRODUCTION
-
1.1 Study Deliverables
-
1.2 Study Assumptions
-
1.3 Scope of the Study
-
-
2. RESEARCH METHODOLOGY
-
3. EXECUTIVE SUMMARY
-
3.1 Market Overview
-
-
4. MARKET DYNAMICS
-
4.1 Market Drivers
-
4.2 Market Restraints
-
4.3 Porter's Five Forces Analysis
-
4.3.1 Threat of New Entrants
-
4.3.2 Bargaining Power of Buyers/Consumers
-
4.3.3 Bargaining Power of Suppliers
-
4.3.4 Threat of Substitute Products
-
4.3.5 Intensity of Competitive Rivalry
-
-
-
5. MARKET SEGMENTATION
-
5.1 By Product Type
-
5.1.1 Beta-Sitosterol
-
5.1.2 Campesterol
-
5.1.3 Stigmasterol
-
5.1.4 Others
-
-
5.2 By Application
-
5.2.1 Dairy Products
-
5.2.2 Sauces and Condiments
-
5.2.3 Beverages
-
5.2.4 Bakery and Confectionery
-
5.2.5 Other Processed Food
-
-
5.3 By Geography
-
5.3.1 Asia Pacific
-
5.3.1.1 China
-
5.3.1.2 Japan
-
5.3.1.3 India
-
5.3.1.4 Australia
-
5.3.1.5 Rest of Asia-Pacific
-
-
-
-
6. COMPETITIVE LANDSCAPE
-
6.1 Most Active Companies
-
6.2 Most Adopted Strategies
-
6.3 Market Share Analysis
-
6.4 Company Profiles
-
6.4.1 Archer Daniels Midland Company
-
6.4.2 Cargill, Incorporated
-
6.4.3 Matrix Fine Sciences Pvt Ltd
-
6.4.4 Ashland Global Specialty Chemicals Inc.
-
6.4.5 BASF SE
-
6.4.6 DuPont Nutrition & Health
-
6.4.7 Gustav Parmentier Gmbh
-
- *List Not Exhaustive
-
-
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
APAC Phytosterols Industry Segmentation
The Asia Pacific phytosterol market covers the most prominent phytosterol types in the market, namely, beta-setosterol, campesterol, stigmasterol, and other types. The phytosterols present in the market hold applications in differed food and beverage industries which includes, dairy products, sauces and condiments, beverages bakery and confectionery and other processed foods. The sterols also hold the application in pharmaceutical industries such as cosmetics, dietary supplements, and animal feed.
| By Product Type | |
| Beta-Sitosterol | |
| Campesterol | |
| Stigmasterol | |
| Others |
| By Application | |
| Dairy Products | |
| Sauces and Condiments | |
| Beverages | |
| Bakery and Confectionery | |
| Other Processed Food |
| By Geography | |||||||
|
APAC Phytosterols Market Research FAQs
What is the current Asia-Pacific Phytosterols Market size?
The Asia-Pacific Phytosterols Market is projected to register a CAGR of 9.80% during the forecast period (2024-2029)
Who are the key players in Asia-Pacific Phytosterols Market?
Archer Daniels Midland Company, Cargill, Incorporated, Matrix Fine Sciences Pvt Ltd, Ashland Global Specialty Chemicals Inc. and Berkshire Hathaway Inc. are the major companies operating in the Asia-Pacific Phytosterols Market.
What years does this Asia-Pacific Phytosterols Market cover?
The report covers the Asia-Pacific Phytosterols Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Phytosterols Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Asia-Pacific Phytosterols Industry Report
Statistics for the 2024 Asia-Pacific Phytosterols market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Phytosterols analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
