Europe Phytosterol Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 8.80 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Europe Phytosterol Market Analysis
Europe phytosterol market forecasted to reach USD 540.81 million by 2025growing at a CAGR of 8.8% during the forecast period.
- Europe holds a prominent share in phytosterol market which is strongly led by countries, such as Germany, the United Kingdom, Spain, and Italy. According to the European Food Safety Authority (EFSA), consumption of 1.5 g- 2.4 g of plant sterols per day helps to reduce the blood cholesterol levels by 7%-10%.
- This, in turn, has increased the application of phytosterols in pharmaceutical industries holding dominance in dietary supplements. The increasing demand for non-GMO products is also augmenting the growth of phytosterol in the region. In order to meet the rising demand for phytosterols and to optimize its sterols production infrastructure, companies such as BASF increased its sterol extraction capacity at its site in Boussens, France.
Europe Phytosterol Market Trends
This section covers the major market trends shaping the Europe Phytosterols Market according to our research experts:
Prevelance of cardiovascular disease
In European countries cardiovascular diseases are one of the leading cause of mortality and a major cause of morbidity among the population. This in turn has incresed the application of Phytosterols in pharmaceutical industries as it helps to provide protection against cardiovascular diseases, reduce intestinal cholesterol absorption, control prostate enlargement, and help in reducing blood sugar level and inflammation. The European Union has made it mandatory for the manufacturers to label their products with the content of phytosterol and also to mention that it is only for the usage of consumers with heart diseases.
Food and Beverage Industry Holding Largest Market Share
The food and beverage industry is holding the largest market shae of phytostrols in the region. Food items, like spreads and milk type products, like yogurt and yogurt drinks, are most commonly available. Finland and the Netherlands have the largest variety of the available product type, followed by Belgium, Germany, and the United Kingdom. To take advantage of the cholesterol lowering effect of phytosterol, the manufacturers are coming up with products infused with plant sterols. For instance, the UK-based company, Raisio, has inculcated plant sterols in yogurt drinks, bars, spreads, and soft chews. The rising demand for nutritional drinks is expected to boost the demand for phytosterol in the European Market.
Europe Phytosterol Industry Overview
The major competitors in the Europe phytosterol market are Arboris, Archer Daniels Midland (ADM), BASF, Cargill, Arboris, Llc, Unilever, among others. In the recent years, the companies have adopted new launches as the key strategy, along with expansions and partnerships. The new launches have helped to gain the competitive edge over the competitors. 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.
Europe Phytosterol Market Leaders
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Berkshire Hathaway Inc.
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Archer Daniels Midland Company
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Cargill, Incorporated
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Gustav Parmentier GmBH
*Disclaimer: Major Players sorted in no particular order
Europe Phytosterol Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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3.1 Market Overview
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porters Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Product Type
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5.1.1 Beta-Sitosterol
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5.1.2 Campesterol
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5.1.3 Stigmasterol
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5.1.4 Other Product Types
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5.2 By Application
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5.2.1 Food and Beverage
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5.2.1.1 Dairy Products
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5.2.1.2 Sauces and Condiments
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5.2.1.3 Beverages
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5.2.1.4 Bakery and Confectionery
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5.2.2 Pharmaceuticals
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5.2.3 Cosmetics
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5.2.4 Dietary Supplements
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5.2.5 Animal Feed
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5.3 Geography
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5.3.1 Spain
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5.3.2 United Kingdom
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5.3.3 Germany
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5.3.4 France
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5.3.5 Italy
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5.3.6 Russia
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5.3.7 Rest of Europe
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6. COMPETITIVE LANDSCAPE
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6.1 Vendor Market Share
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6.2 Mergers & Acquisitions
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6.3 Company Profiles
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6.3.1 Archer Daniels Midland Company
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6.3.2 Cargill, Incorporated
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6.3.3 Merck Group
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6.3.4 Ashland Global Holdings Inc
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6.3.5 Berkshire Hathaway Inc.
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6.3.6 BASF SE
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6.3.7 Gustav Parmentier Gmbh
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Europe Phytosterol Industry Segmentation
The type of phytsterols present in the European market namely, beta-setosterol, campesterol, stigmasterol, and other types are driven from two primary sources which includes wood sterol and vegetable oil sterols. The sterols 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 | |
| Other Product Types |
| By Application | ||||||
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| Pharmaceuticals | ||||||
| Cosmetics | ||||||
| Dietary Supplements | ||||||
| Animal Feed |
| Geography | |
| Spain | |
| United Kingdom | |
| Germany | |
| France | |
| Italy | |
| Russia | |
| Rest of Europe |
Europe Phytosterol Market Research FAQs
What is the current Europe Phytosterols Market size?
The Europe Phytosterols Market is projected to register a CAGR of 8.80% during the forecast period (2024-2029)
Who are the key players in Europe Phytosterols Market?
Berkshire Hathaway Inc., Archer Daniels Midland Company, Cargill, Incorporated and Gustav Parmentier GmBH are the major companies operating in the Europe Phytosterols Market.
What years does this Europe Phytosterols Market cover?
The report covers the Europe Phytosterols Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Phytosterols Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Phytosterol Industry Report
Statistics for the 2024 Europe Phytosterol market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Europe Phytosterol analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Europe Phytosterol Market Report Snapshots
