Lutein Vitamin 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 Vitamin Market Market
Insights The global Lutein Vitamin 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.
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GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
Application Insights Based on applications, the
Lutein Vitamin 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 Vitamin
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 Vitamin 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 Vitamin 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 Vitamin Market on
  the basis of By Application
• Multi-Vitamin Complexes
• Food Coloring
• Dairy Egg Products
• Skincare
• Culinary
• Tobacco
• Others

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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
• This article contains text from the Lutein
  Vitamin Market Size, Trends Analysis
  Forecasts To 2025 report prepared by Global
  Market Estimates. For more information or to buy
  the report, please visit https//www.globalmarket
  estimates.com/lutein-vitamin-market/

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