Global Ergosterol Market with CAGR of 3.35% and USD 17.17 Million by 2016
Global Ergosterol Market Research Report 2016- 2021
Deerfield Beach, FL -- (SBWire) -- 02/03/2017 --Ergosterol (ergosta-5,7,22-trien-3ß-ol) Market is a compound that belongs to the steroid family with a molecular formula of C28H44O. It is found in fungi such as Saccharomyces and Candida. This compound is an essential sterol component of fungal and protozoal cell membranes, so it is an important target of antifungal drugs and anti-trypanosomal drugs. In 1927, the relationship of ergosterol and vitamin D was discovered when it was shown that upon exposure to ultraviolet radiation, ergosterol could be used to treat rickets, a disease caused by vitamin D deficiency. It is now known that this compound is a provitamin, or a precursor to vitamin D2 or ergocalciferol.
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Ergosterol production, which measures output worldwide, was expected to reach ** kg in 2016 with an increase of 4.13% from its year-earlier level. The global ergosterol market size is estimated to grow from USD 14.56 million in 2011 to USD 17.17 million by 2016, at an estimated CAGR of 3.35% between 2011 and 2016. With regards to this, key players of ergosterol industry are expected to find potential opportunities in this market.
The global ergosterol market report profiles some of the key technological developments in the recent times. It also profiles some of the leading players in the market and analyzes their key strategies.
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