Sterols Market Size (2024 - 2029)

The sterols market is anticipated to experience significant expansion during the forecast period, driven by increasing demand in medical applications and the food industry. However, disruptions in the supply chain due to the COVID-19 pandemic may pose challenges to this growth. Nonetheless, ongoing research and development efforts aimed at exploring new applications for sterols present potential opportunities for market expansion.

Home Market Analysis Chemicals & Materials Research Fine Chemicals Research Sterol Research Sterols Market Market Size

Market Size of Sterols Industry

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:
Sterols Market Overview
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 6.00 %
Fastest Growing Market Asia Pacific
Largest Market Europe
Market Concentration High

Major Players

Sterols Market Key Players

*Disclaimer: Major Players sorted in no particular order

Need a report that reflects how COVID-19 has impacted this market and its growth?

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

Sterols Market Analysis

The market for sterols is expected to grow at a CAGR of more than 6% globally during the forecast period.

  • Rising needs in medical applications as well as growing usage in the food industry are driving the market growth.
  • The impact of COVID-19 on the supply chain is likely to hinder the growth of the market.
  • Research & development on sterols for its usage in emerging applications are expected to act as an opportunity for the market.

Sterols Industry Segmentation

The Sterols Market report include:

Source
Vegetable Oil
Pine
Type
Phytosterols
Campesterol
Beta-Sitosterol
Stigmasterol
Other Phytosterols
Zoosterols (Cholestrol)
Other Types
End-user Industry
Pharmaceuticals
Food & Beverage
Dietary Supplements
Cosmetics
Other End-user Industries
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
Need A Different Region Or Segment?
Customize Now

Sterols Market Size Summary

The sterols market is poised for significant growth, driven by increasing demand in medical and food industries. Sterols are widely utilized in pharmaceutical applications due to their effectiveness in reducing cholesterol levels and their safety for both children and adults. This makes them a crucial component in preventing heart disease and potentially lowering the risk of certain cancers. The pharmaceutical sector's expansion, fueled by the rising prevalence of diseases, is expected to further propel the sterols market. However, challenges such as supply chain disruptions from the COVID-19 pandemic may impede growth. Nonetheless, ongoing research and development into new applications for sterols present promising opportunities for market expansion.

Europe stands as the largest market for sterols, supported by an aging population and heightened health awareness. The region's significant incidence of heart and cardiovascular diseases contributes to the increasing demand for sterols. Countries like Spain, Italy, and France are key manufacturers, benefiting from abundant raw materials such as vegetable oils. Additionally, the food and beverage industry in Finland, the Netherlands, and other European nations is a major driver of sterols consumption. The pharmaceutical industry in Europe is also growing, with substantial investments in research and development aimed at introducing new and safer medications. This multifaceted growth landscape is expected to sustain the sterols market's expansion in Europe and globally. The market is partially consolidated, with major players like BASF SE, Cargill Incorporated, and The Lubrizol Corporation holding significant shares.

Explore More

Sterols Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Rising need in Medical Industry

      2. 1.1.2 Growing Applications in Food Industry

    2. 1.2 Restraints

      1. 1.2.1 Impact on Supply Chain due to COVID-19 outbreak

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Source

      1. 2.1.1 Vegetable Oil

      2. 2.1.2 Pine

    2. 2.2 Type

      1. 2.2.1 Phytosterols

        1. 2.2.1.1 Campesterol

        2. 2.2.1.2 Beta-Sitosterol

        3. 2.2.1.3 Stigmasterol

        4. 2.2.1.4 Other Phytosterols

      2. 2.2.2 Zoosterols (Cholestrol)

      3. 2.2.3 Other Types

    3. 2.3 End-user Industry

      1. 2.3.1 Pharmaceuticals

      2. 2.3.2 Food & Beverage

      3. 2.3.3 Dietary Supplements

      4. 2.3.4 Cosmetics

      5. 2.3.5 Other End-user Industries

    4. 2.4 Geography

      1. 2.4.1 Asia-Pacific

        1. 2.4.1.1 China

        2. 2.4.1.2 India

        3. 2.4.1.3 Japan

        4. 2.4.1.4 South Korea

        5. 2.4.1.5 Rest of Asia-Pacific

      2. 2.4.2 North America

        1. 2.4.2.1 United States

        2. 2.4.2.2 Canada

        3. 2.4.2.3 Mexico

      3. 2.4.3 Europe

        1. 2.4.3.1 Germany

        2. 2.4.3.2 United Kingdom

        3. 2.4.3.3 France

        4. 2.4.3.4 Italy

        5. 2.4.3.5 Rest of Europe

      4. 2.4.4 South America

        1. 2.4.4.1 Brazil

        2. 2.4.4.2 Argentina

        3. 2.4.4.3 Rest of South America

      5. 2.4.5 Middle-East and Africa

        1. 2.4.5.1 Saudi Arabia

        2. 2.4.5.2 South Africa

        3. 2.4.5.3 Rest of Middle-East and Africa

Sterols Market Size FAQs

The Sterols Market is projected to register a CAGR of greater than 6% during the forecast period (2024-2029)

BASF SE , Cargill, Incorporated , The Lubrizol Corporation , ADM and Arboris are the major companies operating in the Sterols Market.

Sterols Market Report Snapshots

Sterols Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)