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COVID-19! We are now including the impact analysis of the COVID-19 on Lutein Market report and the forecast period of this report shall be revised to 2020-2026. The section on the impact of COVID-19 on this market is included in the report for free. To know more Request a Sample of this report.

Lutein Market (Form - Powder & Crystalline, Oil Suspension, Beadlet, and Emulsion; Source - Natural, and Synthetic; Application - Food, Beverages, Dietary Supplements, Animal Feed, and Other Applications; Production Process - Chemical Synthesis, Extraction From Botanical Material, Fermentation, and Algae Route): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025

  • Published : July, 2019

  • Rep Id : FB00196

  • Category : Food & Beverages

  • Status : Published

A recent report published by Infinium Global Research on the lutein market provides an in-depth analysis of segments and sub-segments in the global as well as regional lutein market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional lutein market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global lutein market. According to the report, the global lutein market is projected to grow at a CAGR of 5.1% over the forecast period of 2019-2025.

 

Market Insight:

Lutein is a type of carotenoid vitamin. It has numerous health benefits to treat age-related macular degeneration (AMD), retinitis pigmentosa and cataracts. Additionally, it is used to treat other chronic diseases like breast cancer. It is one of the most important carotenoids used to boost eye health. Its proper balance helps the eye to work properly, and protect the eye tissue from the adverse impact of the sunlight. Further, it is used to prepare numerous types of eye supplements and other medicine to treat obesity, stroke, and diabetes problems. It is generally found in colored fruits and vegetables like carrot, spinach, leafy vegetables, and others. Moreover, it is a great source of antioxidants elements, which helps to control the free radicals inside the body and protect from fatal diseases as Alzheimer’s disease, cancer, diabetes, and others.

 

The growing health awareness about the lutein among the consumers is helping to grow the demand for lutein based products. Additionally, growing lifestyle problem as obesity, eyesight problem, and other age-related Alzheimer’s disease is boosting the demand of the lutein based products. However, the availability of substitute products is restricting the growth of the market.  The growth of millennial consumers, growing disposable income among them to afford health beneficial products is expected to boost the demand for lutein based products.

 

Geographically, the lutein market is segmented into four regions namely, North America, Europe, the Asia-Pacific, and RoW. North America is the largest player in the lutein market, owing to the presence of several global pharmaceutical companies producing lutein based medicine and supplements in this region. Additionally, the presence of a large number of the patient suffering from a different type of lifestyle disease is helping to grow the demand of the lutein based product in this region. Europe is the second-largest market of the lutein market, after North America. The Asia-Pacific lutein market is expected to grow at the highest CAGR during the forecast period, owing to the growing demand for the different types of health supplements to control lifestyle diseases.


Global Lutein Market

 

Segment Covered

The report on the global lutein market covers segments such as form, source, application, and production process. On the basis of form, the sub-markets include powder & crystalline, oil suspension, beadlet, and emulsion. On the basis of source, the sub-markets include natural, and synthetic. On the basis of application, the sub-markets include food, beverages, dietary supplements, animal feed, and other applications. On the basis of production process, the sub-markets include chemical synthesis, extraction from botanical material, fermentation, and algae route.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Fenchem, LycoRed Ltd., Synthite Industries Private Ltd., Allied Biotechnology India Pvt Ltd, Döhler, D D W the Colour House, Piveg, Inc., OmniActive Health Technologies, Zhejiang Medicine Co., Ltd., and Kemin Industries.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the lutein market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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