Plant Sterol Esters Market Segmentation:
Application Segment Analysis
Food segment is set to account for around 36% plant sterol esters market share by 2035. 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 Segment Analysis
By 2035, 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 Segment Analysis
In plant sterol esters market, sitosterol segment is expected to dominate around 32% revenue share by the end of 2035. 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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