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South America phytosterols market is segmented by Source is segmented by Product Type (Beta-Sitosterol, Campesterol, Stigmasterol, and Others), Application (Dairy Products, Sauces and Condiments, Beverages, Bakery and Confectionery and Other Processed Food), and Geography.
2016 - 2026
The South America phytosterols market is projected to grow at a CAGR of 3.8% during the forecast period (2020-2025).
The South America phytosterols market is segmented by product type into Beta-Sitosterol, Campesterol, Stigmasterol, and Others such as Avenasterol, Ergosterol, Brassicasterol, Lupeol, and Cycloartenol; and by application into Dairy Products, Sauces and Condiments, Beverages, Bakery and Confectionery and Other Processed Food. Also, the study provides an analysis of the phytosterols market in the emerging and established markets across the South American countries, including Brazil, Argentina, and the Rest of South America.
|Other Product Types|
|Sauces and Condiments|
|Bakery and Confectionery|
|Other Processed Food|
|Rest of South America|
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Plant sterols have potential health benefits, which has led them to be increasingly used in the pharmaceutical and nutraceutical industries. The increased demand for nutraceuticals among the consumers, is thus, driving the global phytosterol market. Phytosterols possess innumerable beneficial therapeutic properties. Hence, the concept of utilizing phytosterols as nutraceuticals is gradually emerging and gaining considerable interest. There is increasing evidence for phytosterol’s role in preventing major chronic diseases, such as cardiovascular diseases, cancers, and type-II diabetes. In addition, phytosterols act as powerful antioxidants by providing remarkable protection against oxidative and free-radical damage. They also have long been recognized to possess anti-inflammatory, anti-allergic, anti-thrombotic, anti-atherogenicity, anti-viral, and anti-carcinogenic activities, which further increases its demand in nutraceuticals.
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Antioxidants are very important to immune defense and the health of animals. In order to improve the oxidative stability, and thus, increase the shelf life of meat, antioxidants are being added to animal feeds. Vitamin E cannot be synthesized by animals, therefore being the reason for increased usage of phytosterol in the animal diet. An adequate amount of phytosterol is essential in animal nutrition, in order to protect them from malnutrition and pathogen. Moreover, phytosterols are widely used in animal husbandry to reduce blood cholesterol levels and enhance animal growth. The addition of phytosterols improves the anti-oxidant system in broiler chickens. The dietary phytosterol also helps to improve the body weight and feed intake of broiler chickens. It helps to improve the quality of meat and eggs. In addition, it controls the oxidative stability in the animal's body, and therefore, reduces the unpleasant smell and taste, especially in beef and pork.
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The South America phytosterols market is competitive in nature having large number of domestic and multinational player competing for market share. Emphasis is given on the merger, expansion, acquisition and partnership of the companies along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. Key players dominating the South American countries include Matrix Fine Sciences Pvt Ltd, Advanced Organic Materials SA, Cargill Incorporated, BASF SE, and Ashland Global Holdings Inc.
1.1 Study Assumptions & Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Product Type
5.1.4 Other Product Types
5.2.1 Dairy Products
5.2.2 Sauces and Condiments
5.2.4 Bakery and Confectionery
5.2.5 Other Processed Food
5.3.3 Rest of South America
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Matrix Fine Sciences Pvt Ltd
6.3.2 Advanced Organic Materials SA
6.3.3 Cargill, Incorporated
6.3.4 BASF SE
6.3.5 Ashland Global Holdings Inc.
6.3.6 Archer Daniels Midland Company
7. MARKET OPPORTUNITIES AND FUTURE TRENDS