Global Lutein Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

List of Tables

The global demand for Lutein Market is presumed to reach the market size of nearly USD 725.3 Million by 2032 from USD 379.89 Million in 2023 with a CAGR of 7.45% under the study period 2024-2032.

Lutein is a carotenoid pigment found in various fruits, vegetables, and plants, particularly in leafy green vegetables like spinach, kale, and broccoli. It is known for its antioxidant properties and for maintaining healthy vision and eye function. It is a key component of the macula, which is a small area in the retina that is responsible for central vision and visual acuity. It helps protect the eyes from harmful ultraviolet (UV) radiation and oxidative stress, reducing the risk of age-related macular degeneration (AMD) and cataracts. Its supplements are also available and may be beneficial for individuals at risk of eye diseases or those with low dietary intake of lutein-rich foods.

MARKET DYNAMICS

The lutein industry is growing rapidly due to increased awareness of its eye health benefits, particularly against age-related macular degeneration and cataracts. This has led to a rising demand for lutein supplements and fortified foods among health-conscious consumers. The rising incidence of lifestyle-related health issues, such as poor vision due to prolonged screen time, is further boosting the demand for lutein. Additionally, the expanding dietary supplements industry, driven by a trend toward preventive healthcare, is significantly contributing to its growth. Technological advancements in thelutein extraction and production have made it more accessible and affordable, encouraging its use in various applications. The F&B industry is increasingly incorporating it into products such as functional foods and beverages, catering to consumers seeking added health benefits from their diet.

Moreover, the beauty and personal care industry is recognizing the antioxidant properties of lutein, leading to its inclusion in skincare and cosmetic products. Regulatory approvals and endorsements from health organizations further validate the benefits of lutein, enhancing consumer trust and acceptance. The combination of an aging population, increased health consciousness, and advancements in product formulations is driving this industry forward. As research continues to uncover more health benefits and new applications for lutein, its demand is poised to grow, promoting innovation and development within the industry. However, price volatility and fluctuations in demand may hinder the growth of the lutein market in the next few years.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Lutein. The growth and trends of Lutein industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the Lutein market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Source

Natural
Synthetic

By Form

Powder Lutein
Beadlet Lutein
Emulsion Lutein
Oil Suspension Lutein

By Application

Dietary Supplements
Functional Foods
Pharmaceuticals
Animal Feed
Others

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Lutein market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Lutein market include BASF SE, India Glycols Limited., Kemin Industries Inc., E.I.D. Parry Limited, Divi'S Laboratories, Merck KGaA, Piveg Inc., Omniactive Health Technologies, Synthite Industries Ltd., Zhejiang Medicine Co. Ltd., Dohler Lycored, Allied Biotech Corporation, Sabinsa, Fenchem. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Product Code: VMR11213417

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. LUTEIN - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Source
- 3.7.2 Market Attractiveness Analysis By Form
- 3.7.3 Market Attractiveness Analysis By Application
- 3.7.4 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL LUTEIN MARKET ANALYSIS BY SOURCE

5.1. Overview By Source
5.2. Historical and Forecast Data
5.3. Analysis By Source
5.4. Natural Historic and Forecast Sales By Regions
5.5. Synthetic Historic and Forecast Sales By Regions

6. GLOBAL LUTEIN MARKET ANALYSIS BY FORM

6.1. Overview By Form
6.2. Historical and Forecast Data
6.3. Analysis By Form
6.4. Powder Lutein Historic and Forecast Sales By Regions
6.5. Beadlet Lutein Historic and Forecast Sales By Regions
6.6. Emulsion Lutein Historic and Forecast Sales By Regions
6.7. Oil Suspension Lutein Historic and Forecast Sales By Regions

7. GLOBAL LUTEIN MARKET ANALYSIS BY APPLICATION

7.1. Overview By Application
7.2. Historical and Forecast Data
7.3. Analysis By Application
7.4. Dietary Supplements Historic and Forecast Sales By Regions
7.5. Functional Foods Historic and Forecast Sales By Regions
7.6. Pharmaceuticals Historic and Forecast Sales By Regions
7.7. Animal Feed Historic and Forecast Sales By Regions
7.8. Others Historic and Forecast Sales By Regions

8. GLOBAL LUTEIN MARKET ANALYSIS BY GEOGRAPHY

8.1. Regional Outlook
8.2. Introduction
8.3. North America Sales Analysis
- 8.3.1 Overview, Historic and Forecast Data Sales Analysis
- 8.3.2 North America By Segment Sales Analysis
- 8.3.3 North America By Country Sales Analysis
- 8.3.4 United States Sales Analysis
- 8.3.5 Canada Sales Analysis
- 8.3.6 Mexico Sales Analysis
8.4. Europe Sales Analysis
- 8.4.1 Overview, Historic and Forecast Data Sales Analysis
- 8.4.2 Europe By Segment Sales Analysis
- 8.4.3 Europe By Country Sales Analysis
- 8.4.4 United Kingdom Sales Analysis
- 8.4.5 France Sales Analysis
- 8.4.6 Germany Sales Analysis
- 8.4.7 Italy Sales Analysis
- 8.4.8 Russia Sales Analysis
- 8.4.9 Rest Of Europe Sales Analysis
8.5. Asia Pacific Sales Analysis
- 8.5.1 Overview, Historic and Forecast Data Sales Analysis
- 8.5.2 Asia Pacific By Segment Sales Analysis
- 8.5.3 Asia Pacific By Country Sales Analysis
- 8.5.4 China Sales Analysis
- 8.5.5 India Sales Analysis
- 8.5.6 Japan Sales Analysis
- 8.5.7 South Korea Sales Analysis
- 8.5.8 Australia Sales Analysis
- 8.5.9 South East Asia Sales Analysis
- 8.5.10 Rest Of Asia Pacific Sales Analysis
8.6. Latin America Sales Analysis
- 8.6.1 Overview, Historic and Forecast Data Sales Analysis
- 8.6.2 Latin America By Segment Sales Analysis
- 8.6.3 Latin America By Country Sales Analysis
- 8.6.4 Brazil Sales Analysis
- 8.6.5 Argentina Sales Analysis
- 8.6.6 Peru Sales Analysis
- 8.6.7 Chile Sales Analysis
- 8.6.8 Rest of Latin America Sales Analysis
8.7. Middle East & Africa Sales Analysis
- 8.7.1 Overview, Historic and Forecast Data Sales Analysis
- 8.7.2 Middle East & Africa By Segment Sales Analysis
- 8.7.3 Middle East & Africa By Country Sales Analysis
- 8.7.4 Saudi Arabia Sales Analysis
- 8.7.5 UAE Sales Analysis
- 8.7.6 Israel Sales Analysis
- 8.7.7 South Africa Sales Analysis
- 8.7.8 Rest Of Middle East And Africa Sales Analysis

9. COMPETITIVE LANDSCAPE OF THE LUTEIN COMPANIES

9.1. Lutein Market Competition
9.2. Partnership/Collaboration/Agreement
9.3. Merger And Acquisitions
9.4. New Product Launch
9.5. Other Developments

10. COMPANY PROFILES OF LUTEIN INDUSTRY

10.1. Top Companies Market Share Analysis
10.2. Market Concentration Rate
10.3. BASF SE
- 10.3.1 Company Overview
- 10.3.2 Company Revenue
- 10.3.3 Products
- 10.3.4 Recent Developments
10.4. India Glycols Limited.
- 10.4.1 Company Overview
- 10.4.2 Company Revenue
- 10.4.3 Products
- 10.4.4 Recent Developments
10.5. Kemin Industries Inc.
- 10.5.1 Company Overview
- 10.5.2 Company Revenue
- 10.5.3 Products
- 10.5.4 Recent Developments
10.6. E.I.D. Parry Limited
- 10.6.1 Company Overview
- 10.6.2 Company Revenue
- 10.6.3 Products
- 10.6.4 Recent Developments
10.7. Divi'S Laboratories
- 10.7.1 Company Overview
- 10.7.2 Company Revenue
- 10.7.3 Products
- 10.7.4 Recent Developments
10.8. Merck KGaA
- 10.8.1 Company Overview
- 10.8.2 Company Revenue
- 10.8.3 Products
- 10.8.4 Recent Developments
10.9. Piveg Inc.
- 10.9.1 Company Overview
- 10.9.2 Company Revenue
- 10.9.3 Products
- 10.9.4 Recent Developments
10.10. Omniactive Health Technologies
- 10.10.1 Company Overview
- 10.10.2 Company Revenue
- 10.10.3 Products
- 10.10.4 Recent Developments
10.11. Synthite Industries Ltd.
- 10.11.1 Company Overview
- 10.11.2 Company Revenue
- 10.11.3 Products
- 10.11.4 Recent Developments
10.12. Zhejiang Medicine Co. Ltd.
- 10.12.1 Company Overview
- 10.12.2 Company Revenue
- 10.12.3 Products
- 10.12.4 Recent Developments
10.13. Dohler Lycored
- 10.13.1 Company Overview
- 10.13.2 Company Revenue
- 10.13.3 Products
- 10.13.4 Recent Developments
10.14. Allied Biotech Corporation
- 10.14.1 Company Overview
- 10.14.2 Company Revenue
- 10.14.3 Products
- 10.14.4 Recent Developments
10.15. Sabinsa
- 10.15.1 Company Overview
- 10.15.2 Company Revenue
- 10.15.3 Products
- 10.15.4 Recent Developments
10.16. Fenchem
- 10.16.1 Company Overview
- 10.16.2 Company Revenue
- 10.16.3 Products
- 10.16.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies