Lutein Supplement Market Size, Trends & Analysis – Forecasts To 2025

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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Ankita Roy, Treesha Banerjee and
Liza Dsouza from Global Market Estimates throw
the spotlight on the growing Lutein Supplement
Market Market Insights The global Lutein
Supplement 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. Howe
ver, 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.
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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Application Insights Based on
applications, the Lutein Supplement 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. End-Use Insights The Lutein Supplement
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. 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 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 of companies who are
purchasing or are likely to purchase products
from the global Lutein Supplement Market. The
major consumers of the product are
GlaxoSmithKline, Novartis, and Merck.
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GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS

• Competitor Analysis
• Some of the leading players operating in the
  Lutein Supplement 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 Supplement Market
  on the basis of By Application
• Multi-Vitamin Complexes
• Food Coloring
• Dairy Egg Products
• Skincare, Culinary
• Tobacco
• Others
• By End-User
• Food, Pharmaceuticals
• Animal Feed Pet Food
• Cosmetics,
• Nutraceuticals
• Dietary Supplements

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GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS

• By Region
• North America
• Europe
• Asia Pacific
• Central South America
• Middle East Africa
• This article contains text from the Lutein
  Supplement Market Size, Trends Analysis
  Forecasts To 2025report prepared by Global
  Market Estimates. For more information or to buy
  the report, please visit https//www.globalmarket
  estimates.com/lutein-supplement-market/

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