Lutein Market Size, Trends & Analysis – Forecasts To 2025 - PowerPoint PPT Presentation

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Lutein Market Size, Trends & Analysis – Forecasts To 2025

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Title: Lutein Market Size, Trends & Analysis – Forecasts To 2025


1
GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Ankita Roy, Treesha Banerjee and
Liza Dsouza from Global Market Estimates throw
the spotlight on the growing Lutein Market
Lutein Market Insights The global Lutein market
is projected to grow at a CAGR of 5.81 during
the forecast period due to its wide application
in various end-use industries. The growth of this
market is further projected to be influenced by
increasing demand for eye supplements. Growing
incidences of diseases including diabetes, heart
diseases, obesity, and stroke are also projected
to boost the demand for lutein dietary
supplements such as fatty acid, minerals, and
vitamins. Lutein regulates photosynthesis in
plants by suppressing the overproduction of
chlorophyll. It performs as an antioxidant which
retains bodys natural ability to fight damage by
free radicals. The demand for lutein has
increased considerably over the past few years
due to its potential role in preventing
age-related macular degeneration. However, the
demand for lutein is anticipated to be hampered
by the side effects associated with it such as
rash, stomach cramps, hives, and facial swelling
breathing problem. Over-consumption of lutein
supplements or products might also result in
yellowing of skin. The use of lutein is not
legalized in infant formula which is likely to
reduce the industry profit margin over the coming
years.
2
GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Lutein Market Application
Insights Based on applications, the lutein
market is segmented into multi-vitamin complexes,
food colouring, dairy and egg products,
skincare, and culinary among others. Dairy and
egg products application segment is expected to
account for a dominant market share over the
forecast period. There has been a significant
increase in the consumption of functional dairy
products such as cheese, yogurt, and ice creams,
due to increased health awareness of the
consumers. This, in turn, is likely to affect the
growth of this segment. Lutein Market End-Use
Insights The lutein market is divided into food,
pharmaceuticals, animal feed pet food,
cosmetics, nutraceuticals, and dietary
supplements among others, based on end-use. The
demand for lutein in pharmaceutical sector is
anticipated to witness a considerable growth rate
over the coming years. Lutein extracts are
widely used to treat age-related macular
degeneration (AMD). It is considered as the most
common cause of blindness among adults.
Increasing incidence of other eye diseases such
as cataracts, glaucoma, and diabetic retinopathy
is projected to boost the industry growth over
the projected period. Lutein Market Regional
Insights Asia Pacific held the maximum market
share in 2016, it is further anticipated to
dominate the market over the forecast
period. North America is also projected to grow
at a significant CAGR over the coming years due
to ophthalmic industry growth in the U.S. The
regional growth is further likely to be driven by
increasing demand for Lutein in healthcare
industry, as lutein infused products are widely
used to treat bone, heart, eye, weight,
digestion, immune diseases Lutein Market
End-Use Landscape The end-use landscape includes
a list of current and prospective consumers
existing across the regions. This section
provides company addresses, contact details,
products, and regional presence
3
GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS of
companies who are purchasing or are likely to
purchase products from the global lutein
market. The major consumers of the product are
GlaxoSmithKline, Novartis, and Merck.
Lutein Market Competitor Analysis Some of the
leading players operating in the lutein market
include Anhui Ruisen, BASF, Chr. Hansen, DSM,
Allied Biotech Corporation, KeminKemin, Microbo,
Natures Bounty, Phyto Nutraceutical, Solaray,
Sundown, and Tianjin Pharmaland among others.
  • The report segments the Lutein Market on the
    basis of
  • By Application
  • Multi-Vitamin Complexes
  • Food Coloring
  • Dairy Egg Products
  • Skincare
  • Culinary
  • Tobacco
  • Others

4
  • GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
  • By End User
  • Food
  • Pharmaceuticals
  • Animal Feed Pet Food
  • Cosmetics
  • Nutraceuticals
  • Dietary Supplements
  • By Region
  • North America
  • Europe
  • Asia Pacific
  • Central South America
  • Middle East Africa
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