(MENAFN- Ameliorate Digital Consultancy)
A market research and competitive intelligence provider termed as Fact.MR says that the lutein market would reach US$ 330.3 Million in 2022 and go for a passable CAGR of 6.3% between 2022 and 2032. Lutein does aid in upholding MPOD (macular Pigment Optical Sensitivity). This, in turn, does extend support to healthy vision.
In other words, it does act as one of the internal sunglasses absorbing blue light. The human retina could, thus, be far from getting damaged through direct sunlight or even numerous artificial light sources. Intake of lutein also curtails risk of AMD (Age-related Macular Degeneration).
For Critical Insights on Lutein Market, Request a Sample Report
Research states that lutein is capable of averting various kinds of cancer (breast cancer, in particular), type 2 diabetes, skin disorders, and coronary heart diseases.
Additionally, eye-oriented ailments like cataracts, diabetic retinopathy, glaucoma, and the other age-related macular degeneration that could be resulting in loss of vision are the factors calling for consumption of lutein, thereby driving the lutein market.
Why is the World Witnessing High Demand Growth for Lutein?
“Growing Consumer Awareness about Benefits of Lutein Intake Driving Market Expansion”
Rise in the demand for lutein as a health supplement, its increasing usage as a natural colorant in food & beverage applications, as well as its usage as an additive for animal feed are among the factors anticipated to fuel the demand for this ingredient in numerous consumer markets.
Mounting customer awareness about the benefits of lutein intake, coupled with an increase in the number of health-conscious people, has led to an increase in spending on superior lutein products, which is consequently driving the market.
The suppleness and moisture content of the skin are both preserved by lutein. It is mainly present in plants and vegetables with green, leafy foliage and has anti-inflammatory qualities. The rising incidence of health problems brought on by poor nutrition and the modern-day lifestyle of people can be attributed to the increased demand for lutein.
Key Segments Covered in the Lutein Industry Survey
Lutein Market by Product Form : Powder & Crystalline Lutein Oil Suspension Lutein Beadlet Lutein Emulsion Lutein
Lutein Market by End Use : Food Pharmaceuticals Nutraceuticals Dietary Supplements
Lutein Market by Region : North America Europe Asia Pacific Latin America Middle East & Africa
Competitive Landscape
The key participants are focusing on integration of lutein in food products, so as to have an edge over one another in the lutein market.
VitaLutS (launched by Vitiva), comes across as one of the lutein-esters made out of marigold flowers. The manufacturers could manufacture smaller tablets as well as capsules due to the enhanced purity of VitaLuts.
Get Customization on Lutein Market Report for Specific Research Solutions:
Key players in the Lutein Market
BASF SE DSM Nutritional Products AG Hansen Holding A/S Jarrow Formulas, Inc. Nature's Bounty, Inc. Rexall Sundown, Inc. Kemin Industries, Inc. JF-Pharmaland Technology Development Co., Ltd.
Key Takeaways from Lutein Market Study
North America holds 31.3% of the entire market. Europe contributes for 25.6% of the market share. The global lutein market is projected to reach US$ 611.2 Mn by the year 2032.
The key business strategies discussed in this market research revolve around-
Which are the key business segments in the global industry? What are the important elements used to study the business intelligence of the market? What is the market value of the dominant firms operating in the Lutein industry? What are the distribution networks, domestic & international traders, vendors, sellers of the individual segments in the industry? What are the entry barriers and expansion barriers globally in the business? What are the trends in the market, growth possibilities, investment risks in the worldwide Lutein market? What are the prospect opportunities and industry investment chances in the market?
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: