Increasing awareness among people about using phytosterols for the health benefits is the major propelling factor for the growth of the target market.
The global phytosterols market accounted for 530 million in 2016 with estimated CAGR of 8.5% during the forecasted period. The report. "Global Phytosterols Market, By Type (Beta-sitosterol, Campesterol, Stigmasterol, and Others), By Application (Food, Pharmaceuticals, Cosmetics, and Feed), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2024”.
Key Highlights:
• In 2019, the BASF SE, the company had started the production unit of polymer dispersion in Dahej in order to gain 3% expansion plans
• In april 2020, the Zen-Noh Grain company purchase the grain elevators from Bunge limited because of reduction in grain organization network of Bunge Limited in the US
Key Market Insights from the report:
Global Phytosterols Market is 530 million in 2016 with estimated CAGR of 8.5% during the forecasted period. The market report has been segmented on the basis of type, application, and region.
• By type, campesterol is the major dominating segment in the target market due to increasing demand among the population
• By application, the cosmetic segment is the dominating segment due more use of phytosterols in lipsticks and other cosmetics
• By region, The North America region is anticipated to show significant rise in use of the phytosterols due to increase in incidences of death cause because of cardiovascular diseases
To know the upcoming trends and insights prevalent in this market, click the link below:
https://www.prophecymarketinsights.com/market_insight/Global-Phytos...
Competitive Landscape:
The prominent player operating in the global phytosterols market includes Raisio Plc., Bunge Limited, BASF SE, ADM, Cargill Inc., DuPont, Arboris, LLC, Gustav Parmentier GmbH, HyPhyto Inc., and Pharmachem Laboratories, Inc.
The market provides detailed information regarding industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory framework across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included into the report.
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