Sterol ester is created when sterol and a fatty acid are synthesised (esterification). Sterol ester is a heterogeneous chemical compound found in small amounts in every cell type. Phytosterols is a collective term for plant-derived sterols and stanols that are found in the fatty tissues of plants.
Esterification of plant sterols and fatty acids leads to the formation of plant sterol ester. The proportion of the phytosterol strength is approximately 60% by weight of the ester and 40% by weight of fatty acids.
Commercially, phytosterols are synthesised from vegetable oils, such as sunflower oil, soybean oil, and oilseed rape. The phytosterols and phytostanols are esterified through trans-esterification and direct esterification.
Plant sterol esters are widely used as ingredients in food and beverage sector, as there are no regulatory barriers impeding their incorporation. They are Generally Recognized As Safe (GRAS) as per the U.S. Food and Drug Administration (FDA). Also, as per the European Union Scientific Committee, plant sterol ester margarines and dairy products are safe for human consumption.
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Plant Sterol Esters Market Segmentation:
On the basis of application, the global plant sterol esters market is segmented into food, pharmaceutical, and cosmetics industry. Food sector accounts for the highest demand for plant sterol esters, accounting for over 50% share of the global market in terms of volume.
On the basis of region, the global plant sterol esters market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa (MEA). North America and Western Europe are the leading markets for plant sterol esters in terms of volume and value. Demand is also picking up steadily in the developing countries of APEJ and MEA.
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Plant Sterol Esters Market Dynamics:
Plant sterol ester is considered as one of the ten greatest discoveries in nutrition around the world. Plat sterol ester market is growing at a significant rate owing to its nutritional benefits. Demand for plant sterol ester in food industry is the main growth driver where food supplement sector contributes noteworthy growth to the market
Emerging economies, including China, Brazil, Mexico, India, Malaysia, South Africa are expected to offer growth opportunities to manufacturers during the forecast period.
Plant Sterol Esters Market Key Players:
Some of the key players identified in the plant sterol ester market are Raisio Plc., Archer Daniels Midland Co., Cargill Inc., BASF SE, Bunge Limited, Fenchem Enterprises Ltd.
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