lutein market

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Lutein Market To Reach USD 454.8 Million By 2026
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Market Summary
Increasing demand for eye supplements, along with
the growing prevalence of chronic health
disorders such as diabetes, heart problems,
obesity, and stroke, due to hectic lifestyles and
lack of stable diet are key factors contributing
to the high CAGR of Lutein during the forecast
period. Market Size USD 454.8 Million in 2018,
Market Growth - CAGR of 6.4, Market Trends
Product launches for lutein According to the
current analysis of Reports and Data, the global
Lutein market was valued at USD 274.6 Million in
2018 and is expected to reach USD 454.8 Million
by the year 2026, at a CAGR of 6.4 . Lutein is
an antioxidant carotenoid responsible for yellow
colors of fruits and vegetables. It is one of the
two major carotenoids found as a color pigment in
the human eye. It acts as a light filter and
protects the eye tissues from sunlight damage.
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Market Summary
Europe held 36.2 of the industry in 2018 and is
projected to grow significantly in the coming
years. Presence of key manufacturers including
BASF, Chr. Hansen, and Döhler in the region is
forecasted to influence growth. High incidence of
cataract and Age-related Macular Degeneration
(AMD) in the region is also likely to drive
demand. Based on the statistics published by the
European Society of Retina Specialists, in 2017,
AMD affected around 34 million people in the
European Union and 22 million people in the five
most populous European countries alone Germany,
France, the United Kingdom, Italy and Spain.
Furthermore, the number of patients affected by
AMD in the region is expected to rise by almost
25 based on population growth and ageing until
2050. This is anticipated to create lucrative
growth opportunities for the product. Healthy
nutritional intake of lutein may help provide
good eyesight. However, inadequate consumption
may deplete eyesight with age. Dietary
supplements include minerals, vitamins, and fatty
acids that help consumers stay healthy and
prevent harmful diseases. Increasing health
concerns among the population are expected to
support market growth. Rising demand for the
product as a health supplement and its increasing
usage as a natural colorant in food beverage
applications, along with its use as an additive
for animal feed, are some factors that drive the
demand for the product over the forecast
years. Avail the inside scoop of the Sample
report _at_ https//www.reportsanddata.com/sample-enq
uiry-form/2098
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Market Summary

• Further key findings from the report suggest
• Asia Pacific is expected to account for 23.2 of
  the global market. Developing nations 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.
• Emulsions are expected to witness the fastest
  growth at a CAGR of 6.8 during the forecast
  period. The development of microencapsulated
  techniques in order to improve the stability,
  solubility, and bioavailability of lutein drives
  the growth for this market segment.
• On the basis of source, synthetic lutein
  dominates the market as of 2018, as they are
  cost-effective and easy to manufacture.
• High dose of carotenoids such as lutein can cause
  carotenoderma - yellow discoloration of the skin
• To read the full report now, with industry-wide
  coverage, visit https//www.reportsanddata.com/ch
  eckout-form/2098

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Market Summary

• Key participants include BASF, Chr. Hansen,
  E.I.D. Parry, Zhejiang Medicine, DDW The Color
  House among others.
• For the purpose of this study, Reports and Data
  have segmented the Lutein market on the basis of
  form, source, application, production process,
  and region
• Form (Volume, Kilo Tons 2016-2026 and Revenue,
  USD Million 2016-2026)
• Powder Crystalline
• Oil Suspension
• Beadlet
• Emulsion
• Source (Volume, Kilo Tons 2016-2026 and Revenue,
  USD Million 2016-2026)
• Natural
• Synthetic
• Read More
• SB Wire Link http//www.sbwire.com/press-releases
  /lutein-market-expected-to-raise-at-cagr-of-59-by-
  2020-2027-basf-chr-hansen-eid-parry-zhejiang-medic
  ine-etc-1300622.htm

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Market Summary

• Application (Volume, Kilo Tons 2016-2026 and
  Revenue, USD Million 2016-2026)
• Food
• Beverages
• Production Process (Volume, Kilo Tons 2016-2026
  and Revenue, USD Million 2016-2026)
• Chemical synthesis
• Extraction from botanical materials
• Fermentation
• Algae route
•  Regional Outlook (Revenue, USD Million
  20162026, Volume, Tons 2016-2026)
• North America
• Europe
• Asia Pacific
• Middle East Africa
• Latin America

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