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

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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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.

With health issues on the rise, the need for effective treatments has, understandably, increased demand for Lutein and Lutein Esters. These powerful antioxidants are believed to help fight and protect against various cancers and eye diseases. The pandemic has also significantly impacted the Lutein And Lutein Esters Market. Our Global Lutein And Lutein Esters Market report delivers a complete picture of the market. Expect a thorough breakdown of key segments, trends, what's driving and holding back growth, the competitive scene, and other major factors shaping the market.

Global Lutein And Lutein Esters Market Definition

Lutein, a colorful carotenoid pigment, hangs out in your eyes and acts like a natural sunscreen, shielding them from sunlight. Think of it as a built-in light filter! You can find it in yummy foods like spinach, zucchini, and egg yolks. Then there's lutein ester, a chemical compound you can get from certain acids. It's like a booster shot for lutein, helping to pump up its levels in your blood. This, in turn, protects your retina by making the macular pigment denser. Because we're all getting smarter about health and wanting to dodge diseases, more people are taking lutein and lutein esters, often in capsule form. It's believed to help fight off those pesky free radicals and may also lower your risk of eye troubles like cataracts and vision loss. Some research even suggests it could play a role in preventing certain cancers, such as skin cancer and breast cancer, and even protect against cardiovascular diseases.

Global Lutein And Lutein Esters Market Overview

As the elderly population grows, we're seeing a big boost in the Global Lutein And Lutein Esters Market. That's because seniors are eating more foods packed with lutein, especially since it's been connected to lowering the chances of getting age-related macular degeneration (AMD) and cataracts. Think about countries in Europe like Portugal and France – they have a lot of eye disease cases, which means a huge opportunity for lutein to help! But it's not just about eye health; lutein is also showing up in pharmaceuticals, food, pet food, and even animal feed. And guess what? With all the cool advances in medicine, lutein is now being linked to better oral and skin health, unlocking even more possibilities. Plus, you'll find it being used as a food additive in places like Australia and New Zealand.

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

REPORT ATTRIBUTESDETAILS
Study Period

2018-2030

Base Year

2021

Forecast Period

2022-2030

HISTORICAL PERIOD

2018-2020

UNIT

Value (USD Million)

Key Companies Profiled

Vitae Naturals, BASF SE, Allied Biotech Corporation, OmniActive Health Technologies, Chr. Hansen Holding, Kemin Industries.

Segments Covered

• By Application
• By Geography

Customization scope

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.

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