Global Lutein Food Market - 2024-2031

Overview

Global Lutein Food Market reached US$ 392.1 million in 2023 and is expected to reach US$ 620.2 million by 2031, growing with a CAGR of 5.9% during the forecast period 2024-2031.

The lutein food market is a division of the larger functional food and nutritional supplement industry that specializes in goods fortified with the antioxidant carotenoid lutein, which occurs naturally. Lutein, which is abundant in kale, broccoli, spinach, and other fruits and vegetables, is widely known for its positive benefits on eye health, especially in lowering the incidence of cataracts and age-related macular degeneration (AMD).

One of the main factors propelling the lutein food market is consumers' growing awareness of preventative healthcare and eye health. A growing number of people are interested in dietary measures to maintain ocular health and prevent age-related vision deterioration as the population ages and the prevalence of illnesses related to the eyes rises. People can easily and successfully include this vital mineral in their everyday diet by consuming foods and supplements high in lutein.

The natural lutein food accounts for over one-third of the market share. Similarly, Asia-Pacific dominates the lutein food market, capturing the largest market share of over 1/3rd. Policies that support healthy aging and treat nutritional deficiencies have improved the market for foods high in lutein. Major players are working with governments to combat malnutrition in Asia to save and improve lives in Bangladesh, India, Indonesia, Pakistan, and the Philippines is driving the market in the region.

Dynamics

Rising Demand for Functional Foods and Nutraceuticals

The lutein food industry is expanding due in large part to the growing demand for functional foods and nutraceuticals. There has been a noticeable trend in consumers' diets to seek out foods and supplements supplemented with lutein, a naturally occurring carotenoid present in a variety of fruits and vegetables, as they become more health-conscious and value natural ingredients.

For instance, in February 2023, according to the reports shared by Optimaxa., a UK-based laser eye treatment specialist, age-related macular degeneration (AMD) affected 196 million individuals globally and is expected to reach 288 million in 2040, accounting for 8.7 percent of the world's population.

The increasing recognition of the significance of eye health and preventative healthcare is one of the main drivers of the demand for lutein-rich foods and supplements. As the world's population ages and age-related eye disorders like cataracts and age-related macular degeneration (AMD) become more common, consumers are looking more and more to nutritional approaches to maintain their ocular health.

Increasing Incidence of Eye Diseases

The growth in eye disorders among younger populations has been attributed to the rising incidence of lifestyle-related risk factors, such as sedentary lifestyles, poor diets, and prolonged screen time. Dietary methods to prevent blue light damage and digital eye strain are becoming increasingly popular as more individuals spend longer hours in front of screens and partake in According to the Institute for Health Metrics report, eye-straining activities.

As of June 2023, more than half a billion people worldwide have diabetes, which is projected to more than double to 1.3 billion by 2050. This is a 6.1% global prevalence rate that affects people of all ages and genders in every country. The highest rate is 9.3% in North Africa and the Middle East and is projected to increase to 16.8% by 2050.

There is more awareness of the need to manage and monitor eye health due to the increasing prevalence of chronic diseases like diabetes. If left untreated, diabetic retinopathy, a common consequence of diabetes that affects the blood vessels in the retina, can result in blindness and impaired vision. Lutein's possible significance in preventing or delaying the progression of diabetic retinopathy and maintaining visual function in diabetics has been investigated due to its anti-inflammatory and antioxidant qualities.

Insufficient Dietary Intake and Consumer Awareness

The difficulty of getting enough lutein from diet sources merely is a significant barrier to the lutein food sector. Although spinach, kale, and broccoli are among the fruits and vegetables that naturally contain lutein, the average daily intake of lutein from these foods may not be sufficient to satisfy the recommended levels for optimal eye health. This restriction is especially important in light of the rising incidence of eye-related diseases including cataracts and age-related macular degeneration (AMD).

Moreover, dietary practices and lifestyle elements may be responsible for consumers' inadequate lutein consumption. Too little fruit and vegetables in their diets cause many people to consume less lutein than is ideal. Furthermore, lutein degradation can result from cooking techniques like boiling or frying, which lowers the nutrient's bioavailability even more. Therefore, for people who want to maintain optimal eye health, depending just on dietary sources of lutein may not be sufficient.

Segment Analysis

The global lutein food market is segmented based on origin, form, application, distribution channel and region.

Surge in the Demand for Lutein Food in Nutritional Supplements

Many people suffer from symptoms of digital eye strain, such as irritation, dryness, and weariness, as a result of the extensive use of digital devices like computers, tablets, and smartphones. Concerns have also been expressed concerning the possible long-term impact of blue light. People who want to lessen the negative effects of extended screen time and shield their eyes from blue light are becoming more and more interested in lutein supplements. There is a growing need for lutein-containing supplements as knowledge of digital eye strain increases.

Lutein's prominence as a component in dietary supplements can be attributed to the large body of scientific evidence that supports its effectiveness in promoting eye health. The advantages of lutein supplementation in lowering the risk of AMD progression, enhancing visual acuity, and guarding against oxidative damage to the eyes have been shown in numerous clinical investigations. The reliability of lutein supplements is further reinforced by endorsements from eye care specialists and healthcare professionals.

In April 2022, Melts Eye Care, the world's first all-natural eye vitamin, was introduced by Wellbeing Nutrition. developed under their well-known worldwide trademark Melts, which delivers vitamins straight into the bloodstream using cutting-edge nanotechnology, increasing their bioavailability and bioactivity compared to conventional capsules and tablets.

Geographical Penetration

The Growing Aging Population and Heart Health Disorders in Asia-Pacific

The Asia-Pacific area has witnessed an increase in consumer awareness and consciousness regarding health. Concerns over aging populations and lifestyle-related health problems are leading to an increase in interest in preventive healthcare and dietary supplements as ways to promote general well-being. Due to its well-known advantages for eye health, lutein has become more popular among people who want to preserve their best eyesight and lower their chance of developing age-related eye conditions.

Changes in consumer tastes, coupled with fast urbanization and westernization of diets, have resulted in eating patterns throughout Asia-Pacific. Convenience and processed foods have supplanted traditional diets high in fruits and vegetables, potentially leading to nutritional deficiencies, such as a deficiency in lutein-rich meals.

According to the Healthline report of Asia 2022, one study associated lutein and zeaxanthin with improvements in clinical markers in patients with heart disease. Researchers believe the anti-inflammatory properties were beneficial and suggest continued research in this area. Another study found that daily supplementation of 20 mg of lutein for 3 months was associated with a decrease in cholesterol and triglyceride levels, both of which are known risk factors for heart disease.

COVID-19 Impact Analysis

The global market for lutein-containing foods has had mixed results from the COVID-19 pandemic. On the one hand, the pandemic's heightened emphasis on health and wellbeing has raised consumer demand for lutein-fortified functional foods and nutritional supplements. Customers now understand how critical it is to maintain their general health, including the health of their eyes, as well as their immune systems. Sales of lutein-containing products have increased as a result, especially in markets that focus on immune support and preventative healthcare.

However, producers and suppliers in the lutein food market have also faced difficulties because to supply chain disruptions, logistical issues, and economic uncertainty brought on by the pandemic. Price fluctuations for raw materials, declining consumer purchasing power, and changes in consumer behavior have all had an effect on the profitability and operational efficiency of companies operating in the market.

Russia-Ukraine War Impact Analysis

Geopolitical tensions and uncertainty brought about by the conflict between Russia and Ukraine may have an effect on the global market for lutein-containing foods. The main source of lutein utilized in food applications, marigold flowers high in lutein, are produced in large quantities in Ukraine. Any hiccups in Ukraine's marigold flower production, harvesting, or export capacities could result in a scarcity of the product and unstable prices on the lutein food market.

Furthermore, Russia plays a significant role in the agriculture industry. If the war worsens, it could have an influence on trade relations and agricultural exports from the region, which would further impair the raw material supply chain for lutein-rich products. In order to lessen the effects of the conflict between Russia and Ukraine on the lutein food market, players must keep a careful eye on geopolitical developments, diversify their sourcing methods, and implement contingency plans to ensure a stable and uninterrupted supply of lutein to meet global demand.

By Origin

• Natural
• Synthetic

By Form

• Powder
• Liquid
• Spray-Dried
• Others

By Application

• Dairy Products
• Bakery and Snacks
• Baby Food
• Nutritional Supplements
• Others

By Distribution Channel

• Supermarkets/Hypermarkets
• Online Retail
• Specialty Stores
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa

Key Developments

• In February 2023, Herbalife Nutrition India launched a new supplement to target the eye health market. Lutein and zeaxanthin are combined in the scientifically formulated supplement Ocular Defense. The international nutrition business Herbalife Nutrition India has expanded into the eye health market with its new product, "Ocular Defense," in keeping with its dedication to nutrition and well-being.
• In October 2023, ingredient supplier OmniActive launched the "Lutein for Every Age" initiative, which is a campaign to raise awareness of macular carotenoids' roles in children's eye and brain health, and address knowledge gaps in children's nutritional needs.
• In February 2021, Kemin Industries launched a new lutein ingredient called FloraGLO Lutein 20% FS Powder. This powder form of lutein is derived from marigold flowers and is specifically designed for use in functional foods and dietary supplements. It offers superior stability, bioavailability, and formulation flexibility, making it a preferred choice for food and nutrition manufacturers.

Competitive Landscape

The major global players in the market include Kemin Industries, BASF SE, DSM, Allied Biotech Corporation, Cyanotech Corporation, Chr. Hansen Holding A/S, Nature's Bounty Co., Naturex S.A., Zhejiang Medicine Co., Ltd., and Piveg, Inc.

Why Purchase the Report?

• To visualize the global lutein food market segmentation based on origin, form, application, distribution channel, and region as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of Lutein Food market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The global lutein food market report would provide approximately 70 tables, 65 figures and 219 Pages.

Target Audience 2024

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies