Phytosterols Market Opportunity Analysis and Industry Forecast Upto 2021
by kksingha · October 3 Sean Monahan Youth Jersey , 2018

Recent technological advancements have made phytosterols fit for commercial extraction. In the last few years demand for phytosterols has considerably increased across developed countries as they witness a high incidence of heart diseases. Despite being structurally quite similar to cholesterols, phytosterols have cholesterol lowering properties. The knowledge regarding the same has been fuelling their demand across countries with high prevalence of obesity, which is a primary cause of heart diseases.

Nevertheless, the prospects for the market in Asia Pacific seem very lucrative Matthew Tkachuk Youth Jersey , as India and China witness a rising incidence of coronary heart diseases. Spurred by these factors, the global phytosterols market is expected to report a CAGR of 10% between 2015 and 2021. The market is expected to reach US$926.7 mn in 2021 from a valuation of US$473.8 in 2014.

Obtain Report Details @ Europe and North America Emerge as Most Lucrative Markets for Phytosterols

Geographically, Europe accounted for 40.27% of the demand witnessed in the global phytosterols market in 2014. The increasing application of phytosterols across end-use industries such as pharmaceuticals, cosmetics Mikael Backlund Youth Jersey , and food and beverages has been fuelling demand for phytosterols from the region. Besides this, the increasing incidence of coronary heart diseases is a key factor fuelling demand for phytosterols from Europe and North America, alike.

The high prevalence of obesity has emerged as a major cause of concern for policymakers in North America. Since phytosterols are cholesterol reducing agents, they are considered ideal for preventing increased cholesterol level in human body. Their demand is thus expected to increase substantially across these developed regions through the forecast period.

In contrast Kris Versteeg Youth Jersey , the lack of awareness about the benefits of phytosterols is limiting the market鈥檚 expansion across Asia Pacific and Rest of the World (RoW). However, TMR, expects, the phytosterols market in Rest of the World to rise at the highest pace during the forecast period. The rising disposable income of consumers in RoW has led them to upgrade their lifestyle. This will subsequently boost prospects for the phytosterols market.

Use of Phytosterols as Food Ingredients to Increase Rapidly

Phytosterols exhibit diverse applications across industries such as pharmaceuticals TJ Brodie Youth Jersey , cosmetics, and food and beverages. In 2014, the use of phytosterols as food ingredients held the largest market share in terms of value. According to TMR, demand from food ingredients segment accounted for over 50.45% of the market in 2014. The rising use of phytosterols as food ingredients due to their cholesterol lower properties is expected to fuel demand from the segment during the forecast period. Manufacturers operating in the food and beverages industry are including phytosterols in many of their food products to cater to their consumers鈥?health requirements.

Request For Report Brochure For Latest Industry Insights @ ;rep_id=747

However Mark Giordano Youth Jersey , during the forecast period demand from the pharmaceuticals segment is expected to rise at the highest rate. The increasing awareness among consumers about the benefits of phytosterols in reducing the risk of heart diseases is fuelling demand from the segment. Furthermore, the incidence of heart ailments is expected to increase in India and China, thereby escalating phytosterols demand from these countries.

Besides this, the cosmetics industry is a niche segment in the global phytosterols market. However Jaromir Jagr Youth Jersey , the demand from this segment is also expected to rise in the forthcoming years. The rising disposable income of consumers will be the primary factor bolstering use of phytosterols in the cosmetics industry.

Hospitality industry in India

Over the last few years, there has been a considerable increase in the disposable income of the people in the country, majorly owing to is consistently growing middle class. This has subsequently provided a great boost to the hospitality and tourism sector of the nation, which now accounts for approximately 7.5% of India's GDP. With the rising income of the people Johnny Gaudreau Youth Jersey , their inclination and desire explore the various parts of the country and enjoy the comfort of lavish hotels and resorts have also gone up. As per a report made by a nationally renowned auditing company, the hospitality sector here is expected to grow at a rate of 16.1% CAGR and may reach Rs. 2,796.9 thousand crore in the year 2022.

The hospitality sector essentially encompasses an extensive range of activities within the service sector, and is known to be one of the key job providers of the country Michael Frolik Womens Jersey , both directly and indirectly. This sector essentially attracts the maximum FDI (Foreign Direct Investment) inflow, and is one of the crucial net foreign exchange earners of India. Due to the consistent growth of this sector, pursuing a career in relation to the hospitality industry would be quite a good idea. The sphere of hotel management is one of the key areas of this industry that offers highly lucrative employment opportunities, and hence is quite an advantageous career option.

What is hotel management?

Hotel management is basically a field of study meant for people aspiring to become hotel managers. It deals with the various skills Mike Smith Womens Jersey , knowledge and expertise required by a good hotel manager. With the growth of the hospitality. T. J. Watt Jersey   Stefon Diggs Jersey   Authentic Shaquem Griffin Jersey   Saquon Barkley Womens Jersey   Royce Freeman Youth Jersey   Roquan Smith Youth Jersey   Richard Sherman Youth Jersey   Patrick Mahomes Youth Jersey   Nick Foles Kids Jersey   Leonard Fournette Jaguars Jersey