Global Lutein Market was valued at USD 288.41 Million in 2019 and is expected to reach at USD 463.16 Million by 2027 at a CAGR of 6.10% over forecast period 2020-2027. Global Lutein Market Drivers and Restrains: Luteins are naturally occurring carotenoids that have huge applications, especially in food & beverages. Benefits of lutein include prevention against eye diseases as well that has further formed another key factor to boost the overall growth of lutein market globally. The growth of Lutein market is driven by rising demand for eye supplements due to the surge in healthcare sector, hectic lifestyle and lack of stable diet have increased health problems such as diabetes, heart diseases, obesity, and stroke will boost the lutein market over forecast period. Moreover, factors such as an increase in demand for lutein as a natural colorant in food and beverage applications, and the use of lutein in animal feed additives are expected to drive the demand for this ingredient in various consumer markets. Supplements which contain lutein have some restraint, it may cause hives, rash, stomach cramps, and facial swelling & breathing problem is the major restraint of lutein market. Global Lutein Market Segmentation Analysis: The Lutein market is segmented by form, by sources, by applications, by production processes, and by geography. By form, powder & crystalline form sub-segment will hold the largest Lutein market share followed by oil suspensions over forecast period. Among the applications segment, dietary supplements sub-segment held the 29% market share in 2019 and is expected to keep its dominance over forecast period. Dietary supplements contain a good amount of minerals; vitamins and fatty acid that help consumers to stay healthy as well as preventing them from harmful diseases. By source, Natural lutein is expected to witness lucrative growth owing to the growing awareness about the benefits of the product and the growing health-conscious population globally. Global Lutein Market Regional Analysis: By geography, market is segmented into APAC, North America, Europe, MEA& Africa and Latin America. Europe is expected to remain the dominant region with a 37.4% market share owing to increasing awareness about the advantages of carotenoid consumption, lutein finds application in pharmaceuticals, animal feed, medicine, and human food. Asia Pacific market is expected to register the highest CAGR of 8.6% over forecast period. Developing economies such as China and India are likely to witness high growth High prevalence of eye disorders coupled with the growing demand for dietary supplements is anticipated to stimulate demand. An Increased health consciousness population and changing consumer lifestyle and preference along with growing awareness regarding the health benefits of the product are likely to drive the growth of this market segment. Global Lutein Market Competitive Landscape: Report covers key development and company profiles of major key players. Some key players are operating in this market are DSM, BASF, Solaray, Sundown, Iorrow, Allied Biotech Corporation, Tianjin Pharmaland, Nature’s Bounty, Chr. Hansen Holding A/S, Kemin Industries, Inc., DDW and The Colour House. By using various inorganic and organic growth strategies such as expansion, strategic alliances, merger and acquisition, new product launches, joint ventures etc. these players are increasing their regional presence and business operations. For instance, In March, 2019, Kemin Industries, announced the launch of organic KEM GLO. Organic KEM GLO, a USDA-certified organic additive helps organic egg producers intensify the color of egg yolks. Organic KEM GLO is an addition to the existing line of Kemin’s cerotenoids such as KEM GLO, ORO GLO and Organic ORO GLO. The product launched by the company provides the egg yolk color benefits and lutein value to eggs. The objective of the report is to present a comprehensive analysis of the Global Lutein Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors in the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Lutein Market dynamics, structure by analyzing the market segments and project the Global Lutein Market size. Clear representation of competitive analysis of key players by End-User Industry, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Lutein Market make the report investor’s guide. Some of the major players operating in the Lutein market are as follows: • BASF (Germany) • Anhui Ruisen (China) • Chr. Hansen (Denmark) • Kemin (US) • E.I.D. Parry (India) • Nature’s Bounty (US) • Solaray (US) • Ddw The Color House (US) • Döhler (Germany) • Lycored (Israel) • Allied Biotech (Taiwan) • Piveg (US) • Fenchem (China).
Key Target Audience:• Commercial research & development (R&D) institutions • Associations and industry bodies • Researchers • Traders, distributors, and retailers • Raw material suppliers and distributors • Lutein manufacturers and suppliers • Carotenoid or natural color industry players • Industry experts Years considered to estimate the market size of the lutein market have been mentioned below: • Base year-2018 • Estimated year-2019 • Forecast year- 2019 to 2026
Scope of the Report:This research report segments the lutein market based on form, application, source, process and geography: Lutein Market, by Form: • Powder & crystalline • Beadlet • Oil suspension • Emulsion Lutein Market, by Application: • Food • Beverages • Dietary supplements • Animal feed • Others Lutein Market, by Source: • Natural • Synthetic Lutein Market, by Process: • Chemical synthesis • Extraction from botanical materials • Fermentation • Algae route Lutein Market, by Geography: • North America • Europe • Asia Pacific • Middle East & Africa • Latin America Geographic Analysis: • Breakdown of The North America lutein Market • Breakdown of The Europe lutein Market • Breakdown of The Asia Pacific lutein Market • Breakdown of The Middle East & Africa lutein Market • Breakdown of The Latin America lutein Market Available Customizations: Maximize Market Research offers customization of reports according to the specific requirement of our clients. Lipid Nutrition Market
Table of Contents
Lutein Market1. EXECUTIVE SUMMARY 2. RESEARCH METHODOLOGY 2.1. Market Definition 2.2. Market Scope 2.3. Data Sources 3. MARKET DYNAMICS 3.1. Market Drivers 3.2. Market Restraints 3.3. Market Opportunities 4. END-USER OVERVIEW 4.1. Value Chain Analysis 4.2. Lutein Market Industry Trends and Emerging Technologies 5. LUTEIN MARKET, BY FORM 5.1. Introduction 5.2. Lutein Market, by Powder & Crystalline 5.2.1. Powder & Crystalline Market Overview 5.2.2. Powder & Crystalline Market Size & Forecast 5.3. Lutein Market, by Oil Suspension 5.3.1. Oil Suspension Market Overview 5.3.2. Oil Suspension Market Size & Forecast 5.4. Lutein Market, by Beadlet 5.4.1. Beadlet Market Overview 5.4.2. Beadlet Market Size & Forecast 5.5. Lutein Market, by Emulsion 5.5.1. Emulsion Market Overview 5.5.2. Emulsion Market Size & Forecast 6. LUTEIN MARKET, BY SOURCE 6.1. Introduction 6.2. Lutein Market, by Natural 6.2.1. Natural Market Overview 6.2.2. Natural Market Size & Forecast 6.3. Lutein Market, by Synthetic 6.3.1. Synthetic Market Overview 6.3.2. Synthetic Market Size & Forecast 7. LUTEIN MARKET, BY APPLICATION 7.1. Introduction 7.2. Lutein Market, by Food 7.2.1. Food Market Overview 7.2.2. Food Market Size & Forecast 7.3. Lutein Market, by Beverages 7.3.1. Beverages Market Overview 7.3.2. Beverages Market Size & Forecast 7.4. Lutein Market, by Dietary Supplements 7.4.1. Dietary Supplements Market Overview 7.4.2. Dietary Supplements Market Size & Forecast 7.5. Lutein Market, by Animal Feed 7.5.1. Animal Feed Market Overview 7.5.2. Animal Feed Market Size & Forecast 7.6. Lutein Market, by Other Applications 7.6.1. Other Applications Market Overview 7.6.2. Other Applications Market Size & Forecast 8. LUTEIN MARKET, BY PRODUCTION PROCESS 8.1. Introduction 8.2. Lutein Market, by Chemical Synthesis 8.2.1. Chemical Synthesis Market Overview 8.2.2. Chemical Synthesis Market Size & Forecast 8.3. Lutein Market, by Extraction From Botanical Material 8.3.1. Extraction From Botanical Material Market Overview 8.3.2. Extraction From Botanical Material Market Size & Forecast 8.4. Lutein Market, by Fermentation 8.4.1. Fermentation Market Overview 8.4.2. Fermentation Market Size & Forecast 8.5. Lutein Market, by Algae Route 8.5.1. Algae Route Market Overview 8.5.2. Algae Route Market Size & Forecast 9. LUTEIN MARKET, BY GEOGRAPHY 9.1. North America Lutein Market 9.1.1. North America Lutein Market, by Form 9.1.2. North America Lutein Market, By Source 9.1.3. North America Lutein Market, By Application 9.1.4. North America Lutein Market, By Production Process 9.1.5.North America Lutein Market, by Region 220.127.116.11. U.S. Lutein Market 18.104.22.168. Canada Lutein Market 22.214.171.124. Rest Of North America Lutein Market 9.2. Europe Lutein Market 9.2.1. Europe Lutein Market, by Form 9.2.2. Europe Lutein Market, by Source 9.2.3. Europe Lutein Market, by Application 9.2.4. Europe Lutein Market, by Production Process 9.2.5. Europe Lutein Market, by Region 126.96.36.199. France Lutein Market 188.8.131.52. Germany Lutein Market 184.108.40.206. U.K .Lutein Market 220.127.116.11. Rest Of Europe Lutein Market 9.3. Asia Pacific Lutein Market 9.3.1. Asia-Pacific Lutein Market, by Form 9.3.2. Asia-Pacific Lutein Market, by Source 9.3.3. Asia-Pacific Lutein Market, by Application 9.3.4. Asia-Pacific Lutein Market, by Production Process 9.3.5. Asia-Pacific Lutein Market, by Region 18.104.22.168. China Lutein Market 22.214.171.124. Japan Lutein Market 126.96.36.199. India Lutein Market 188.8.131.52. Australia Lutein Market 184.108.40.206. South Korea Lutein Market 220.127.116.11. Rest Of Asia Pacific Lutein Market 9.4. Middle East & Africa Lutein Market 9.4.1. Middle East & Africa Lutein Market, by Form 9.4.2. Middle East & Africa Lutein Market, by Source 9.4.3. Middle East & Africa Lutein Market, by Application 9.4.4. Middle East & Africa Lutein Market, by Production Process 9.4.5. Middle East & Africa Lutein Market, by Region 18.104.22.168. North Africa Lutein Market 22.214.171.124. South Africa Lutein Market 126.96.36.199. GCC Lutein Market 188.8.131.52. Egypt Lutein Market 184.108.40.206. Nigeria Lutein Market 220.127.116.11. Rest Of Middle East & Africa Lutein Market 9.5. Latin America Lutein Market 9.5.1. Latin America Lutein Market, by Form 9.5.2. Latin America Lutein Market, by Source 9.5.3. Latin America Lutein Market, by Application 9.5.4. Latin America Lutein Market, by Production Process 9.5.5. Latin America Lutein Market, by Region 18.104.22.168. Brazil Lutein Market 22.214.171.124. Argentina Lutein Market 126.96.36.199. Columbia Lutein Market 188.8.131.52. Mexico Lutein Market 184.108.40.206. Rest Of Latin America Lutein Market 10. MARKET COMPETITION ANALYSIS 10.1 Market Share/Positioning Analysis 10.2 Key Innovators 10.3 Company Profiles 10.3.1 BASF 10.3.1.1 Overview 10.3.1.2 Products/ End-User 10.3.1.3 Strategy 10.3.1.4 Key Developments 10.3.2 Anhui Ruisen 10.3.2.1 Overview 10.3.2.2 Products/ End-User 10.3.2.3 Strategy 10.3.2.4 Key Developments 10.3.3 Chr. Hansen 10.3.3.1 Overview 10.3.3.2 Products/ End-User 10.3.3.3 Strategy 10.3.3.4 Key Developments 10.3.4 Kemin 10.3.4.1 Overview 10.3.4.2 Products/ End-User 10.3.4.3 Strategy 10.3.4.4 Key Developments 10.3.5 Nature’s Bounty 10.3.5.1 Overview 10.3.5.2 Products/ End-User 10.3.5.3 Strategy 10.3.5.4 Key Developments 10.3.6 E.I.D. Parry 10.3.6.1 Overview 10.3.6.2 Products/ End-User 10.3.6.3 Strategy 10.3.6.4 Key Developments 10.3.7 Ddw The Color House 10.3.7.1 Overview 10.3.7.2 Products/ End-User 10.3.7.3 Strategy 10.3.7.4 Key Developments 10.3.8 Döhler 10.3.8.1 Overview 10.3.8.2 Products/ End-User 10.3.8.3 Strategy 10.3.8.4 Key Developments 10.3.9 Allied Biotech 10.3.9.1 Overview 10.3.9.2 Products/ End-User 10.3.9.3 Strategy 10.3.9.4 Key Developments