Global Lutein And Lutein Esters Market Size By Application (Pharmaceuticals, Food And Beverages), By Competitive Landscape, By Geographic Scope And Forecast

Lutein And Lutein Esters Market Size And Forecast

Lutein And Lutein Esters Market size was valued at USD 207.10 Million in 2021 and is projected to reach USD 334.73 Million by 2030, growing at a CAGR of 5.56 % from 2022 to 2030.

Owing to the rise in the health disease which needs to be treated has therefore increased the demand for Lutein and Lutein Esters as there are antioxidants that help in fighting and protecting the body from different types of cancer and eye-related diseases. Pandemic has also been a major factor in the rise of the Lutein And Lutein Esters Market. The Global Lutein And Lutein Esters Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Lutein And Lutein Esters Market Definition

Lutein is a carotenoid pigment found in the human eye and helps in protecting the eye from sunlight and acts as a light filter, it is commonly found in food like spinach, zucchini, and egg yolk and lutein ester is a chemical compound that can be obtained from acids that are used to increase the concentration of lutein in the blood and protects the retina by increasing the density of macular pigment. With rising awareness of people about health and protecting them from various diseases, the consumption of lutein and lutein esters has increased in the form of capsules. It helps in preventing the body from free radicles and also helps in preventing eye diseases like cataracts, vision loss, and different types of cancers like skin cancer, breast cancer, and cardiovascular diseases.

Global Lutein And Lutein Esters Market Overview

The rise in the elderly population acts as a primary growth driver in the Global Lutein And Lutein Esters Market, the intake of lutein-rich food is boosted in the elderly population as lutein has been linked to a reduced risk of age-related macular degeneration (AMD) and cataracts. Key countries in the Lutein And Lutein Esters Market are European countries like Portugal, France, etc. which have the highest cases of eye diseases open a potential market for Lutein. The other driving factors which are considered in the growth of the Lutein And Lutein Esters Market are its usage in pharmaceuticals, food, pet food, animal & fish feed, etc. With advancements in the medical sector, lutein has also been linked to improving oral and skin health, which opens new market opportunities for the use of Lutein. It is also used as a food additive in countries like Australia, New Zealand, etc.

Global Lutein And Lutein Esters MarketSegmentation Analysis

The Global Lutein And Lutein Esters Market is Segmented on the basis of Application, And Geography.

Lutein And Lutein Esters Market, By Application

• Pharmaceuticals• Food and Beverages• Animal and fish feeds• Dietary Supplements• Food Coloring

Based on Application, The market is segmented into Pharmaceuticals, Food and Beverages, Animal and fish feeds, Dietary Supplements, and Food Coloring. The major use of lutein and lutein esters is in the pharmaceutical industry as a large number of medicines are used for eye diseases such as cataracts. Australia and New Zealand are major players in the Lutein And Lutein Esters Market.

Lutein And Lutein Esters Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of Geography, The Global Lutein And Lutein Esters Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Lifestyle changes and rising concerns about health will boost the market growth of Lutein and Lutein Esters.

Key Players

The “Global Lutein And Lutein Esters Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Vitae Naturals, BASF SE, Allied Biotech Corporation, OmniActive Health Technologies, Chr. Hansen Holding, Kemin Industries.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• As per Mar 17, 2022, supplementing with two components Lute-gen lutein and zeaxanthin well known for their function in eye health may also benefit cognitive health—specifically, visual memory, or the ability to recall what we’ve seen, and episodic memory, or the ability to remember what we’ve experienced.

• As per reports on Dec 08, 2021, Lutein has also been shown to have antiviral properties against hepatitis B, as it inhibits the virus’s transcription.

• As per reports on Dec 02, 2021, Consumers’ attention to eye health is being fueled by the epidemic of screen time. New research supporting lutein and zeaxanthin supplementation in the support of visual health indicates a significant opportunity for manufacturers at this time of growing awareness—and need—across all age groups.

• As per reports on April 12, 2021, Aurea Biolabs has proved that Zeal TechnologyTM improves the bioavailability of various active substances. For example, as determined by mean plasma concentration, Zeal Vitamin C has six times the bioavailability of traditional vitamin C. Lutent®, a highly bioavailable mix of free lutein, zeaxanthin, and lutein ester from marigold flowers, is another example of Aurea’s unique eye health component. RephyllTM, which uses Zeal TechnologyTM to deliver beta-caryophyllene from black pepper and other plants, has been found to help with delayed-onset muscle soreness and post-exercise recovery.

• As per reports on Nov 2018, Since tablets and capsules are often ineffective for people with wallowing issues, and solid beverage powders must be dissolved in water before being consumed, INNOBIO’s directly consumable lutein esters powder is prepared using patented microencapsulated powder technology and proprietary absorption technology. It may be easily stored in a compact bag for everyday usage.

Report Scope

Top Trending Reports

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

Customization of the Report

• In case of any please connect with our sales team, who will ensure that your requirements are met.