Lutein Market Size, Share, Opportunities And Trends By Source (Natural, Synthetic), By Form (Powder & Crystalline, Oil Suspension, Beadlet Lutein, Emulsion Lutein), By Application (Food & Beverages, Dietary Supplements, Animal Feed, Others) And By Geography - Forecasts From 2019 To 2024

Lutein is a yellow pigment synthesized from plants. Lutein has several health benefits. Increasing health concerns particularly related to heart, bone, weight, digestive, eye, and immune diseases are driving the market for Lutein. Eye-related diseases like cataracts, glaucoma, age-related macular degeneration are increasing. Inadequate nutritional intake may deplete eyesight with growing age but lutein helps to provide good eyesight. An increase in cardiovascular diseases, cancer, and diabetes may boost the growth of the lutein market. The increasing cost of medication is also one of the reasons behind the growth of the lutein market. Urbanization, Industrialization, and growth in consumer markets in countries like China, India, etc . are uplifting the market of lutein in the Asia Pacific region. Favorable regulatory standards are also increasing market growth. Several countries have permitted its sale as a dietary supplement. Dietary supplements will increase significant demand.

Lutein has a strong market in infant food consumption. However, it is not yet permitted to use lutein as a nutritive substance in infant formula. Getting permission to be used in the infant food industry is a challenge for the lutein market. Also, a high dosage of lutein may cause yellowing of the skin. It creates other health problems including stomach cramps, hives, rash, breathing problems, and facial swelling. But, consumers' awareness of health and changing food consumption habits may drive the lutein market in the nutraceutical industry.

The “ Lutein Market – Forecasts from 2019 to 2024” is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key markets, drivers, restraints, and opportunities in the current market. The report analyzes key opportunities in regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by source, form, application, and geography.

The Lutein market on segmented based on source, form, application, and geography. Based on the source the market has been segmented into natural and synthetic. By form, the market has been segmented into Powder & Crystalline, Oil Suspension, Beadlet, Emulsion. . By application, the market has been classified into Food & Beverage, Dietary Supplements, Animal Feed, and others.

Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, the Middle East and Africa, and Asia Pacific regions. The report also analyzes 15 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.

Major players in the Lutein market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the Lutein market.

Segmentation:

By Source.

Natural

Synthetic

By Form

Powder & Crystalline

Oil Suspension

Beadlet Lutein

Emulsion Lutein

By Application

Food & Beverages

Dietary Supplements

Animal Feed

Others

By Geography

North America

USA

Canada

Mexico

South America

Brazil

Argentina

Others

Europe

Germany

France

United Kingdom

Spain

Others

Middle East and Africa

Israel

Saudi Arabia

Others

Asia Pacific

China

Japan

South Korea

India

Others