Plant Sterol Esters Market size was valued at USD 790 Million in 2023 and is likely to reach USD 1779 Million by the end of 2036, expanding at around 7% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of plant sterol esters is assessed at USD 845 Million.
The plant sterol esters market is driven by several primary industries including food processing, pharmaceuticals, cosmetics, and nutraceuticals. These esters are in high demand in the food and pharmaceutical sectors because they are known to lower blood cholesterol levels. Plant sterol esters are used as a supplement in many foods, such as yogurt, cereals, and snack bars.
Due to the growing number of people with cardiovascular disorders, the pharmaceutical industry continues to demand plant sterol esters. With the increasing incidence of cardiovascular diseases globally, there is a greater emphasis on preventive healthcare measures. Globally, cardiovascular diseases is responsible for the death of almost 17.9 million people as reported by World Health Organization. Plant sterol esters offer a non-pharmacological approach to managing cholesterol levels, thereby reducing the risk of heart disease. Studies have also shown that plant sterols can stop the development of cancer cells.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
7% |
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Base Year Market Size (2023) |
USD 790 Million |
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Forecast Year Market Size (2036) |
USD 1779 Million |
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Regional Scope |
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Application (Food, Beverages, Dietary Supplement, Pharmaceutical, Cosmetics)
Food segment is set to account for around 36% plant sterol esters market share by 2036. Plant sterol esters are being used in a variety of food products and are gaining popularity due to favourable regulations in countries like China, Japan, Brazil, Germany, Finland, the U.K., the United States, and Turkey. They are also known to lower blood cholesterol levels, which further increases their use in the food industry.
Phytosterols, which are found in plant sterol esters, can prevent cholesterol absorption in the gastrointestinal system, good for digestive health. Phytosterol esters can also be used as a fat replacement in some cases, making it a great food ingredient choice. All these factors are contributing to the growth of the market. functional foods dairy-based functional foods (e.g. with added probiotics, omega-3, phytosterols) account for 43% of a $16 billion market
Form (Oil, Powder)
By 2036, powder segment is estimated to account for around 58% plant sterol esters market share. Plant sterol esters in powder form find their primary application in the food industry, as nutritional supplements, and in the pharmaceutical sector.
In 2019, the Premier Protein brand was the leading nutrition liquid/powder in the United States with sales of about USD 415 million. The Ensure brand had sales of approximately USD 388 million that year. They are used in a variety of food and beverage products, including yellow fat spreads, milk, cheese, yogurt-based products, soy drinks, salad dressings, bread, spicy sauces (including mayonnaise), milk-based beverages with fruits or cereals, turkey, and sausages.
Type (Campesterol, Sitosterol, Stigmasterol, Brassicasterol)
In plant sterol esters market, sitosterol segment is expected to dominate around 32% revenue share by the end of 2036, growing at a CAGR of around 6.7%. In pharmaceutical formulations, sitosterol is used as an anti-inflammatory, anti-apoptotic, and anticancer drug. It also raises antioxidant levels. Plant-based sitosterol is primarily used to treat benign prostatic hyperplasia, or BPH, which is an enlarged prostate, lowers cholesterol, and lowers the risk of cardiovascular disease.
The rising consciousness among consumers regarding health and nutrition has led to an increase in the demand for sitosterol. Campesterol is marketed as a dietary supplement and utilized as a food component due to its ability to decrease cholesterol. In light of this, the plant sterol esters market is estimated to witness growth in this segment.
Our in-depth analysis of the market includes the following segments:
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Form |
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European Market Statistics
European region in plant sterol esters market is poised to account for more than 32% revenue share by the end of 2036. Europe is the market leader for phytosterols due to its early adoption of the bio-based economy. In the five largest European countries (Germany, France, Italy, Spain, and the United Kingdom), about 133.3 million people have excessive amounts of unhealthy cholesterol.
The plant sterol esters market is expanding due to the growing use of phytosterols as a functional component and the rise in personal care and cosmetics products, like anti-aging creams. As a result of increased R&D projects and increased demand Germany tends to be the dominant producer of plant sterol esters from a variety of end-user industries market in the European market.
North America Market Analysis
The North American region will also encounter huge growth for the plant sterol esters market during the forecast period owing to rising use as food supplements in the food industry. Moreover, a primary factor driving the plant sterol esters market in North America is cardiovascular disease (CVD). About 127.9 million Americans (48.6%) who are 20 years of age or older are thought to have cardiovascular disease (CVD), which includes hypertension, heart failure, stroke, and coronary heart disease. About 28.6 million adults in America (9.9%) have a CVD, excluding hypertension.
In the USA, the National Cholesterol Education Program recommends that people with high cholesterol levels consume 2 grams of phytosterols every day. The organization has found strong evidence of the product’s effectiveness through research and development activities, which has generated a lucrative demand for phytosterol supplements in the USA.
Additionally, the USA Food and Drug Administration (FDA) has declared that foods containing 0.65 grams per serving of plant sterol esters may be taken twice per day with meals as part of a diet with a daily intake of a total of 1.3 grams. This is to maintain low cholesterol levels and saturated fat and to reduce the risks of heart disease.
Author Credits: Rajrani Baghel
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