Transparency Market Research in its new report titled, “Sterol Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the sterol market. The new report anticipates that the increase in health consciousness across the globe will drive the sterol market during the forecast period i.e, 2018-2026. As per the report, the sterol market is driven by the rise in customer awareness about superior quality food, which should be balanced and nutritive. Sterol provides additional benefits such as low cholesterol and lower risk of diseases. This is another factor augmenting the sterol market. Rapid investment in science and technology and rise in healthcare costs are also driving the sterol market. Moreover, growth in aging population are also driving the growth of sterol market.
Sterol, also known as steroid alcohol, is defined as a subgroup of steroids. It belongs to an important class of organic molecules. It occurs naturally in plants, animals, and fungi, and can also be produced by some bacteria. Sterols found in plants are known as phytosterols. Sterols found in animals are known as zoosterols. Important zoosterols include cholesterol, while notable phytosterols include campesterol, sitosterol, and stigmasterol. Plant sterols are naturally occurring substances found primarily in grains, fruits, vegetables, legumes, nuts, and seeds. Plant sterol helps lower the cholesterol level in the body. Therefore, the report states that the plant sterol is gaining importance in various end-use applications such as food, beverages, and dietary supplements. Plant sterol supplements are primarily consumed by people suffering from heart diseases.
The TMR report has split the sterol market based on type into beta-sitosterol, campesterol, and stigmasterol. Based on application, the sterol market is segmented into food, pharmaceuticals, cosmetics, and feed. On the basis of geography, the sterol market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is expected to hold majority of the market share in the near future. Major players operating in the sterol market are included in this report to give a better competitive analysis and these are BASF SE, Bunge Limited, Pharmachem Laboratories, Inc., DuPont, Cargill Inc., ADM, Arboris, LLC, HyPhyto Inc., and Gustav Parmentier GmbH.
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