Plant Sterol Esters Market Regional Analysis:
European Market Insights
Europe industry is expected to hold largest revenue share of 32% by 2035. 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 Insights
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.
