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The lutein market is forecasted to grow by USD 126.8 million during 2023-2028, accelerating at a CAGR of 5.98% during the forecast period. The report on the lutein market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by aging population driving spending on lutein-based dietary supplements, increase in demand for lutein as a natural colorant in food and beverage applications, and use of lutein in animal feed additives.
The lutein market is segmented as below:
By Source
- Synthetic
- Natural
By Application
- Dietary supplements
- Food and beverages
- Pharmaceuticals
- Others
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
The report on the lutein market covers the following areas:
- Lutein market sizing
- Lutein market forecast
- Lutein market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Source
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global lutein market: ADAMA Ltd., Allied Biotech Corp., BASF SE, Bio Med Ingredients, Chr Hansen Holding AS, Dohler GmbH, EID Parry India Ltd., FENCHEM, IOSA Industrial Organica, Katra Phytochem Pvt. Ltd., Kensing LLC, Koninklijke DSM NV, Natural Grocers by Vitamin Cottage Inc., Nestle SA, Nutraceutical Corp., Nutramarc Sports Nutrition and Co., OmniActive Health Technologies, Piveg Inc., Synthite Industries Pvt. Ltd., and Zhejiang Medicine Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing adoption of health and wellness food."
According to the report, one of the major drivers for this market is the aging population driving spending on lutein-based dietary supplements.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ADAMA Ltd.
- Allied Biotech Corp.
- BASF SE
- Bio Med Ingredients
- Chr Hansen Holding AS
- Dohler GmbH
- EID Parry India Ltd.
- FENCHEM
- IOSA Industrial Organica
- Katra Phytochem Pvt. Ltd.
- Kensing LLC
- Koninklijke DSM NV
- Natural Grocers by Vitamin Cottage Inc.
- Nestle SA
- Nutraceutical Corp.
- Nutramarc Sports Nutrition and Co.
- OmniActive Health Technologies
- Piveg Inc.
- Synthite Industries Pvt. Ltd.
- Zhejiang Medicine Co. Ltd.
