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Sterols Market: By Type, By Raw Material By Application and Region Forecast 2019-2023
Sterols Market: By Type, By Raw Material By Application and Region Forecast 2019-2023
Sterols Market size was valued at US$ 1,464.6 million in 2023 and is poised to grow at a CAGR of 8.2% from 2024 to 2030. The global market provides a detailed overview of the market, and that can be segmented by type, by raw material, and by Application. By type, the market has been segmented into Brassicasterol, Beta-sitosterol, Stigmasterol, Campesterol, and Others. The Beta-Sitosterol segment is likely to be the largest and fastest-growing segment in terms of type. Beta-Sitosterol, a derivative of vegetable oils and plant woods, is predominantly used in dairy products and beverages and as a preservative in dietary supplements. Also, a substantial number of obese people eat 1.5g to 5g of beta-sitosterol every day for body fat decrease. The rising inclination of consumers towards nutritional and health intake has positively affected the demand for beta-sitosterol. Based on Raw material, the market is segmented into Rapeseed Oil, Corn Oil, Soybean Oil, Sunflower Oil, Vegetable Oil, and Others.
Among these, the Vegetable Oil segment is expected to have the fastest-growing market during the forecast period 2022-2028. One of the significant sources of sterols is tall oil, a by-product found during the production of wood pulp. In this procedure, wood is transformed into wood pulp, then refined into cellulose fibers. Afterward, a tall oil pitch is received, which experiences saponification r to gain a mixture of organic salts and free sterols. Sterol-concentrated steam is detached from organic salts by means of evaporation. The following processes contain distillation, filtration, crystallization, and drying to attain high-purity sterols. Additionally, tall oil is also used in pharmaceutical, cosmetic additive, and food products. Based on the Application, the market is segmented into Cosmetics, Food, Nutraceuticals, and Others. The nutraceuticals segment is expected to have a significant share in 2021. The rise of this segment is mainly because of the growing cholesterol levels among the elderly population, along with the occurrence of lifestyle diseases and other health situations.
In November 2021, ADM (Food Processing Company) acquired Deerland Probiotics & Enzymes to expand its business. In June 2022, Kensing acquired Vitae Naturals
Study Period
2025-2031Base Year
2024CAGR
8.2%Largest Market
North-AmericaFastest Growing Market
Europe
The growing demand for sterols in cardiovascular patients are anticipated to propel the market growth over the forecast years. Moreover, the increasing demand from the food industry is burgeoning the market growth over the forecast years.
Europe market is expected to witness the highest market share during the forecast period.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2025-2031 |
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Market Size in 2023 |
US$ 1,464.6 million |
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Market CAGR |
8.2% |
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By Type |
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By Raw Material |
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By Application |
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By Region |
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The sterols market size was valued at US$ 1,464.6 million in 2023 and is poised to grow at a CAGR of 8.2% during the forecast period 2024 to 2030.
Advanced Organic Materials (Argentina), Arboris LLC (U.S), BASF SE (Germany), Cargill Inc. (U.S), COFCO Tech Bioengineering (Tianjin) Co.Ltd. (China), Lipofoods SLU (Spain), Matrix Fine Sciences Pvt. Ltd. (India), Nutrartis (Chile), Raisio Plc (Finland), The Archer Daniels Midland Company (U.S), Vitae Caps S.A. (Spain), Vita-Solar Biotechnology Co.Ltd. (China), Xi’an Healthful Biotechnology Co.Ltd (China)
Europe is the fastest-growing region for sterols market
| 1.Executive Summary |
| 2.Global Sterols Market Introduction |
| 2.1.Global Sterols Market - Taxonomy |
| 2.2.Global Sterols Market - Definitions |
| 2.2.1.Type |
| 2.2.2.Raw Material |
| 2.2.3.Application |
| 2.2.4.Region |
| 3.Global Sterols Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Sterols Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 , (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Sterols Market By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Brassicasterol |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 , (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Beta-sitosterol |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 , (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Stigmasterol |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 , (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Campesterol |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 , (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Others |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 , (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6.Global Sterols Market By Raw Material, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Rapeseed Oil |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 , (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Corn Oil |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 , (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Soybean Oil |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 , (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Sunflower Oil |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 , (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Vegetable Oil |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 , (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Others |
| 6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 , (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 7.Global Sterols Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Cosmetics |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 , (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Food |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 , (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Nutraceuticals |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 , (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Others |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 , (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8.Global Sterols Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 , (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 , (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 , (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 , (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 , (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Sterols Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Brassicasterol |
| 9.1.2.Beta-sitosterol |
| 9.1.3.Stigmasterol |
| 9.1.4.Campesterol |
| 9.1.5.Others |
| 9.2. Raw Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Rapeseed Oil |
| 9.2.2.Corn Oil |
| 9.2.3.Soybean Oil |
| 9.2.4.Sunflower Oil |
| 9.2.5.Vegetable Oil |
| 9.2.6.Others |
| 9.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Cosmetics |
| 9.3.2.Food |
| 9.3.3.Nutraceuticals |
| 9.3.4.Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Sterols Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Brassicasterol |
| 10.1.2.Beta-sitosterol |
| 10.1.3.Stigmasterol |
| 10.1.4.Campesterol |
| 10.1.5.Others |
| 10.2. Raw Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Rapeseed Oil |
| 10.2.2.Corn Oil |
| 10.2.3.Soybean Oil |
| 10.2.4.Sunflower Oil |
| 10.2.5.Vegetable Oil |
| 10.2.6.Others |
| 10.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Cosmetics |
| 10.3.2.Food |
| 10.3.3.Nutraceuticals |
| 10.3.4.Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 11.Asia Pacific (APAC) Sterols Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Brassicasterol |
| 11.1.2.Beta-sitosterol |
| 11.1.3.Stigmasterol |
| 11.1.4.Campesterol |
| 11.1.5.Others |
| 11.2. Raw Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Rapeseed Oil |
| 11.2.2.Corn Oil |
| 11.2.3.Soybean Oil |
| 11.2.4.Sunflower Oil |
| 11.2.5.Vegetable Oil |
| 11.2.6.Others |
| 11.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Cosmetics |
| 11.3.2.Food |
| 11.3.3.Nutraceuticals |
| 11.3.4.Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Sterols Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Brassicasterol |
| 12.1.2.Beta-sitosterol |
| 12.1.3.Stigmasterol |
| 12.1.4.Campesterol |
| 12.1.5.Others |
| 12.2. Raw Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Rapeseed Oil |
| 12.2.2.Corn Oil |
| 12.2.3.Soybean Oil |
| 12.2.4.Sunflower Oil |
| 12.2.5.Vegetable Oil |
| 12.2.6.Others |
| 12.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Cosmetics |
| 12.3.2.Food |
| 12.3.3.Nutraceuticals |
| 12.3.4.Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Sterols Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Brassicasterol |
| 13.1.2.Beta-sitosterol |
| 13.1.3.Stigmasterol |
| 13.1.4.Campesterol |
| 13.1.5.Others |
| 13.2. Raw Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Rapeseed Oil |
| 13.2.2.Corn Oil |
| 13.2.3.Soybean Oil |
| 13.2.4.Sunflower Oil |
| 13.2.5.Vegetable Oil |
| 13.2.6.Others |
| 13.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Cosmetics |
| 13.3.2.Food |
| 13.3.3.Nutraceuticals |
| 13.3.4.Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Advanced Organic Materials (Argentina) |
| 14.2.2.Arboris LLC (U.S) |
| 14.2.3.BASF SE (Germany) |
| 14.2.4.Cargill Inc. (U.S) |
| 14.2.5.COFCO Tech Bioengineering (Tianjin) Co.Ltd. (China) |
| 14.2.6.Lipofoods SLU (Spain) |
| 14.2.7.Matrix Fine Sciences Pvt. Ltd. (India) |
| 14.2.8.Nutrartis (Chile) |
| 14.2.9.Raisio Plc (Finland) |
| 14.2.10.The Archer Daniels Midland Company (U.S) |
| 14.2.11.Vitae Caps S.A. (Spain) |
| 14.2.12.Vita-Solar Biotechnology Co.Ltd. (China) |
| 14.2.13.Xi'an Healthful Biotechnology Co.,Ltd(China) |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.