Plant sterol ester to be the most preferred cholesterol lowering agent amongst other substitutes
Albany, NY -- (SBWIRE) -- 05/17/2018 -- A new research study titled "Plant Sterol Esters Market: Global Industry Analysis (2012 - 2016) and Opportunity Assessment (2017 - 2027)" has been added to the comprehensive repository of Market Research Reports Search Engine (MRRSE). According to the business intelligence study, the global plant sterol esters market is likely to grow at a robust 6.7% CAGR through 2027, and rake in over US$ 1.18 Bn worth of revenues by the end of the forecast period.
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The insightful report begins with an executive summary containing key information on the global plant sterol market such as market share. The market overview section in the report provides introduction to the market, forecast of market value & volume and market dynamics. In the market dynamics section, the study examines the factors driving the market as well as restraints to the growth of the market. According to the report, due to the growth of foodservice sectors in developing countries, the production of ready to eat (RTE) meat products has increased which in turn has increased usage of plant sterol esters.
In order to have in-depth understanding on global plant sterol market, the study identifies the factors driving the market as well as restraints to the growth of the market. According to the report, the increasing preference for health and wellness is one of the key factors driving the growth of the market. Plant sterols offer a wealth of benefits to end-users, and the growing application scope in cosmetics, pharmaceutical, dietary supplements, and beverages is likely to provide an impetus to the growth of the market during the assessment period.
Although the report has a positive outlook on the global plant sterol esters market, high cost, combined with low awareness about the benefits of plant sterol esters in developing countries is likely to provide an impetus to growth during the assessment period. These factors can impede the growth of the market during forecast period.
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According to the report, Asia Pacific excluding Japan continues to be one of the leading markets for plant sterol esters globally. The APEJ market accounted for nearly 18% revenue share of the market, and is likely to grow at a CAGR of 9% during the assessment period.
The research study also includes a detailed competitive analysis, which studies the profiles of key players in the market. According to the study, the key companies profiled in the report include Cargill Incorporated, Arboris LLC, Enzymotech Ltd., BASF SE, Raisio Plc., Archer Daniels Midland Company, Xi'an Healthful Biotechnology Co., Ltd., Vitae Caps S.A., Top Pharm Chemical Group, CONNOILS LLC, Blackmores, New Roots Herbal Inc., Advanced Organic Materials S.A., Pharmachem Laboratories, Inc., Oxford Vitality Ltd., Nutrartis, and Lamberts Healthcare
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