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 lutein market. The increasing cost of medication is also one of the reasons behind the growth of lutein market. Urbanization, Industrialization, and growth in consumer markets in countries like China, India, etc . are uplifting the market of lutein in Asia pacific region. Favorable regulatory standards is also increasing the 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. To get permission to be used in the infant food industry is a challenge for 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 problem, and facial swelling. But, consumers' awareness towards health and changing food consumption habits may drive lutein market in the nutraceutical industry.
The “ Lutein Market – Forecasts from 2019 to 2024” is an exhaustive study which 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 market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity 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 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 & Beverages, 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, 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.
Powder & Crystalline
Food & Beverages
Middle East and Africa