Sterols Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The market is segmented by Source (Vegetable Oil, and Pine), Type (Phytosterols, Zoosterols, and Other Types), End-user Industry (Pharmaceuticals, Food & Beverage, Dietary Supplements, Cosmetics, and Other End-user Industries) and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa)

Market Snapshot

Sterols Market Overview
Study Period: 2016 - 2026
Base Year: 2021
Fastest Growing Market: Asia Pacific
Largest Market: Europe
CAGR: >6 %
Sterols Market Key Players

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Market Overview

The market for sterols is expected to grow at a CAGR of more than 6% globally during the forecast period.

  • Rising needs in medical applications as well as growing usage in the food industry are driving the market growth.
  • The impact of COVID-19 on the supply chain is likely to hinder the growth of the market.
  • Research & development on sterols for its usage in emerging applications are expected to act as an opportunity for the market.

Scope of the Report

The Sterols Market report include:

Source
Vegetable Oil
Pine
Type
Phytosterols
Campesterol
Beta-Sitosterol
Stigmasterol
Other Phytosterols
Zoosterols (Cholestrol)
Other Types
End-user Industry
Pharmaceuticals
Food & Beverage
Dietary Supplements
Cosmetics
Other End-user Industries
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa

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Key Market Trends

Growing Demand from Pharmaceuticals Application

  • Sterols are used for a wide range of pharmaceutical applications.
  • Sterols are an effective choice for reducing cholesterol levels and are safe for children as well as adults.
  • Moreover, these high cholesterol levels can cause heart failure risk, and hence doctors prescribe consumers in need to consume plant sterols for lowering down the risk of heart disease.
  • Additionally, people who consume a sufficient amount of sterols as a part of their diet seem to have a lower risk of gastric cancer.
  • Plant sterols are also aid in the treatment of some stomach cancer, colon cancer, and rectal cancer. In addition to this, these plant sterols further aid in weight loss.
  • The Pharmaceuticals industry is growing, owing to the rising number of diseases worldwide, which in turn is expected to drive the market for sterols in pharmeceutical industry.
Sterols Market Key Trends

Europe Region to Dominate the Market

  • Europe region is the largest market for sterols, mainly driven by the rising aging population and increased awareness level regarding health as well as wellness.
  • Moreover, a significant increase in the incidences of death caused due to various heart and cardiovascular diseases is also one of the factors contributing to the growing market for sterols in the region.
  • Spain, Italy, France along with few others are among the major countries in the region that are involved in the manufacturing of sterols, owing to the abundance of raw materials availability including vegetable oils (corn oil, soybean oil, etc.).
  • Finland and the Netherlands, followed by Belgium, Germany and the United Kingdom are among the largest producer of varied food products that involves sterols in production. Growing food & beverage production in these countries are thereby expected to drive the market for sterols in Europe.
  • The pharmaceutical industry in European region too is rising, majorly driven by continuous focus on research and development, along with the need to bring new and safer medicines in the market.
  • As per the 2019 data given by European Federation of Pharmaceutical Industries and Association (EFPIA), in 2018, the pharmaceutical industry had invested more than EUR 36,500 million in R&D, which further increased through 2019.
  • Overall, such factors are expected to drive the market for sterols in the European region through the years to come.
Sterols Market Growth Rate

Competitive Landscape

The global sterols market is partially consolidated in nature with few players occupying a major share in the market. Some of the major players in sterols market includes BASF SE, Cargill Incorporated, The Lubrizol Corporation, ADM, Arboris, and ConnOils LLC among others.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Rising need in Medical Industry

      2. 4.1.2 Growing Applications in Food Industry

    2. 4.2 Restraints

      1. 4.2.1 Impact on Supply Chain due to COVID-19 outbreak

      2. 4.2.2 Other Restraints

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Source

      1. 5.1.1 Vegetable Oil

      2. 5.1.2 Pine

    2. 5.2 Type

      1. 5.2.1 Phytosterols

        1. 5.2.1.1 Campesterol

        2. 5.2.1.2 Beta-Sitosterol

        3. 5.2.1.3 Stigmasterol

        4. 5.2.1.4 Other Phytosterols

      2. 5.2.2 Zoosterols (Cholestrol)

      3. 5.2.3 Other Types

    3. 5.3 End-user Industry

      1. 5.3.1 Pharmaceuticals

      2. 5.3.2 Food & Beverage

      3. 5.3.3 Dietary Supplements

      4. 5.3.4 Cosmetics

      5. 5.3.5 Other End-user Industries

    4. 5.4 Geography

      1. 5.4.1 Asia-Pacific

        1. 5.4.1.1 China

        2. 5.4.1.2 India

        3. 5.4.1.3 Japan

        4. 5.4.1.4 South Korea

        5. 5.4.1.5 Rest of Asia-Pacific

      2. 5.4.2 North America

        1. 5.4.2.1 United States

        2. 5.4.2.2 Canada

        3. 5.4.2.3 Mexico

      3. 5.4.3 Europe

        1. 5.4.3.1 Germany

        2. 5.4.3.2 United Kingdom

        3. 5.4.3.3 France

        4. 5.4.3.4 Italy

        5. 5.4.3.5 Rest of Europe

      4. 5.4.4 South America

        1. 5.4.4.1 Brazil

        2. 5.4.4.2 Argentina

        3. 5.4.4.3 Rest of South America

      5. 5.4.5 Middle-East and Africa

        1. 5.4.5.1 Saudi Arabia

        2. 5.4.5.2 South Africa

        3. 5.4.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share/Ranking Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 BASF SE

      2. 6.4.2 ADM (Archer Daniels Midland)

      3. 6.4.3 Advanced Organic Materials, S.A.

      4. 6.4.4 Arboris

      5. 6.4.5 Cargill, Incorporated

      6. 6.4.6 ConnOils LLC

      7. 6.4.7 Matrix Fine Sciences Pvt. Ltd.

      8. 6.4.8 The Lubrizol Corporation

      9. 6.4.9 Vitae Caps S.A.

      10. 6.4.10 Xi'an Healthful Biotechnology Co., Ltd

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Research & Development on Sterols for its Usage in Emerging Applications

**Subject to Availability

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Frequently Asked Questions

The Sterols Market market is studied from 2016 - 2026.

The Sterols Market is growing at a CAGR of >6% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Europe holds highest share in 2021.

BASF SE , Cargill, Incorporated , The Lubrizol Corporation , ADM, Arboris are the major companies operating in Sterols Market .

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