Lutein Market Recent Trends, Demand, Dynamic Innovation in Technology & Insights 2022-2027
Lutein is a type of carotenoids, is a yellow pigment found in many plants- particularly in marigold which is a natural pigment found in many fruits & vegetables and responsible for bright yellow colors of fruits & vegetables which act as an antioxidant and also support for eye function and healthy vision.
Lutein is also called as “the eye vitamin”. Lutein helps to
maintain macular pigment optical density which supports healthy vision. Healthy
nutritional intake provides good eyesight.
As rising eye diseases like glaucoma, cataracts, diabetic
retinopathy, and age-related macular degeneration may effect industry growth.
Lutein is also used in ice cream, yogurt, fruit, beverages, and desserts.
Lutein has the ability to absorb blue light which later acts
as ‘internal sunglasses’ which may reduce photochemical harm occurs by
short-wavelength of observable light. After consuming lutein through dietary
supplements and leafy vegetables increases MPOD (Macular Pigment Optical
Density) in human eyes and decreases the risk of AMD (Age-related Macular
Degeneration).
Apart from caring eyes, lutein is also used for curing many
healthcare problems like it prevents several types of cancer which include
breast cancer, type 2 diabetes and colon, skin disorders, and coronary heart
disease.
Global Lutein Market:
Segmentation
Lutein market can be segmented on the basis of end-use
industry, by application, and by regions. Based on the end use industry, Lutein
is segmented into food, pharmaceuticals, nutraceuticals, animal feed applications
and dietary supplements.
Cosmetics & pharmaceutical sectors are projected to grow
during the forecasted period. On the basis of the application, lutein market is
segmented into food coloring, dairy products, egg products, cosmetics, tobacco,
medicine and poultry feed. Application of lutein in dairy & egg products is
the foremost segment of Lutein market over the projected period.
Growing consumer preference towards functional dairy
products such as cheese, yogurt and ice creams due to increasing health concern
consumers may drive the global lutein market.
Global Lutein Market:
Regional Outlook
On the basis of the geographical market segment, it is
segmented into seven different regions: North America, Latin America, and
Eastern Europe, Western Europe, and Asia-Pacific region, Japan and the Middle
East and Africa.
In regional segments, APAC is presently the market leader in
terms of revenue in the global lutein market and is expected to hold market
dominance over the forecast period followed by North America will witness
relatively high growth in the global Lutein market over the forecast period as
increasing health concerns mainly increasing demand for Lutein in healthcare
industry as consumers are using variety Lutein infused products which are
related to bone, heart, eye, weight, digestion, immune diseases may drive U.S.
lutein market.
Global Lutein Market:
Drivers & Restraints
The global Lutein market is projected to witness constant
growth over the forecast period.The growth of Lutein market is driven by rising
demand for eye supplements due to the surge in healthcare sector may drive the
market during the forecast period.
Hectic lifestyle and lack of stable diet have increased
health problems such as diabetes, heart diseases, obesity, and stroke will
boost the lutein dietary supplements market which includes fatty acid, minerals
and vitamins during the anticipated period.
Supplements which contain lutein have some restraint, it may
cause hives, rash, stomach cramps, and facial swelling & breathing problem
is the major restraint of lutein market.
Consumption of high amount of lutein products or supplements
may lead to a yellowing skin. Henceforth, lutein is not legalized as a
nutritive ingredient in infant formula which reduces the industry profit margin
and pressurizes products price trend is another key fear for global lutein
market.
Global Lutein Market:
Key Players
Some of the key players operating in the global Lutein
market include DSM, BASF, Solaray, Sundown, Iorrow, Allied Biotech Corporation,
Kemin, Tianjin Pharmaland, Nature’s Bounty, and few other regional players.
Manufacturers all over the world are expanding and
innovating new technology and improving in production which may favor drive
value & volume market size growth and also focus on different strategies to
maintain their market share in the global lutein market.
The research report presents a comprehensive assessment of
the market and contains thoughtful insights, facts, historical data, and
statistically supported and industry-validated market data. It also contains
projections using a suitable set of assumptions and methodologies. The research
report provides analysis and information according to market segments such as
geographies, application, and Industry.
The report covers
exhaustive analysis on
- Market
Segments
- Market
Dynamics
- Market
Size
- Supply
& Demand
- Current
Trends/Issues/Challenges
- Competition
& Companies involved
- Technology
- Value
Chain
Regional analysis
includes
North America (U.S., Canada)
Latin America (Mexico, Brazil and Rest of Latin America)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic
countries, Belgium, Netherlands, Luxembourg and Rest of Western Europe)
Eastern Europe (Poland, Russia and Rest of Eastern Europe)
Asia Pacific (China, India, ASEAN, Australia & New
Zealand)
Japan
Middle East and Africa (GCC, S. Africa, and Rest of MEA)
The report is a compilation of first-hand information,
qualitative and quantitative assessment by industry analysts, inputs from
industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market
trends, macro-economic indicators and governing factors along with market
attractiveness as per segments. The report also maps the qualitative impact of
various market factors on market segments and geographies
Main Report Link: https://www.futuremarketinsights.com/reports/lutein-market
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