Lutein market report provides the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios. The use of established statistical tools and coherent models for analysis and forecasting of market data makes this Lutein report outshining.
Global lutein market is expected to register a substantial CAGR of 6.70% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market value can be attributed due to its extensive uses in food applications which include bakery & confectionery products, dairy products, and infant formula.
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Global Lutein Market By Form (Powder & Crystalline, Oil Suspension, Beadlet, Emulsion), Source (Natural, Synthetic), Application (Food, Beverages, Dietary Supplements, Animal Feed, Pharmaceuticals, and Personal Care Products) Production Process (Chemical Synthesis, Extraction from Botanical Material, Fermentation, Algae Route), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Complete report on Global Lutein Market Research Report 2019-2026 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Lutein Market
Lutein is a type of vitamin known as a carotenoid. At normal concentrations in food, it is a yellow pigment and in high concentration, it appears in orange or red pigment. We are born with the lutein in our eyes but it doesn’t reproduce it. Lutein is obtained by animals by ingesting plants. Animal fats and egg yolks are also sources of lutein. It is needed to boost immunity in the human body. The foods that are rich in lutein are broccoli, kale, corn, kiwi fruit, orange, egg yolks and squash.
Key Questions Answered in Global Lutein Market Report:-
Our Report offers:-
- What will the market growth rate, Overview and Analysis by Type of Global Lutein Market in 2026?
- What are the key factors driving, Analysis by Applications and Countries Global Lutein Market
- What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Lutein Market?
- Who are Opportunities, Risk and Driving Force of Global Lutein Market?
- Who are the opportunities and threats faced by the vendors in Global Lutein Market? Business Overview by Type, Applications, Gross Margin and Market Share
- What are the Global Lutein Market opportunities, market risk and market overview of the Market?
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Top Key Players:
- Divi’s Nutraceuticals,
- LycoRed Ltd.,
- PIVEG, INC.,
- Vitae Caps S.A.,
- Digestive Disease Week,
- Hansen Holding A/S,
- Chenguang Biotech Group Co.,Ltd,
- FMC Corporation,
- BASF SE,
- Kemin Industries, Inc,
- OmniActive Health Technologies,
- Allied Biotech Corporation,
- KATRA GROUP,
- I.D. – Parry (India) Limited,
- Synthite Industries Ltd,
- Nature’s Bounty,
- NutraMarks, Inc.,
- Natural Grocers by Vitamin Cottage, Inc.
- among others.
- The scope of application has surged which has driving the market growth
- The preventive nutraceuticals and healthcare is boosting the market growth
- The demand for natural colorants has increased which has propelled the market growth
- The growth in various industries such as aquaculture, poultry and pork has fuelled the growth of the market
- The growing demand for eye supplements is contributing the growth of the market
- The high doses of lutein has various harmful effects which hinders the market growth
- The various stringent regulatory and approval norms which has restraint the market growth
- The lack of R&D activities in African and middle eastern countries is hampering the market growth
Key Developments in the Market:
- In August 2018, Carlson has launched new product Super DHA + Lutein. It provides a special mix of lutein and omega-3. It improves the focus, memory, clarity, mental health and cognitive performance. This product launched has expanded the product portfolio of the company as well as increased the acquisition rate of customers.
- In June 2018, Bausch + Lomb launched a new product Ocuvite Blue Light which is a vitamin supplement. It is made of lutein and zeaxanthin which will help to protect the eyes from blue light of consumers. This product launch will expand the market share of the company as well as expand their product offerings.
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Global Lutein Market is segmented on the basis of
- Production Process
Market Segmentations in Details:
- Powder & Crystalline
- Oil Suspension
- Dietary Supplements
- Animal Feed
- Personal Care Products
By Production Process
- Chemical Synthesis
- Extraction from Botanical Material
- Algae Route
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- Rest of South America
Middle East & Africa
- South Africa
- Saudi Arabia
- Rest of MEA
Competitive Analysis: Global Lutein Market
Global lutein market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of lutein market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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