DUBLIN--(BUSINESS WIRE)--The "Lutein Market by Form (Powder & Crystalline, Oil Suspension, Beadlet, Emulsion), Source (Natural, Synthetic), Application (Food, Beverages, Dietary Supplements, Animal Feed), Production Process, and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The lutein market is estimated to reach USD 263.8 million by 2017. It is projected to reach USD 357.7 million by 2022, growing at a CAGR of 6.3% from 2017, in terms of value.
The growing number of studies on lutein sources are expected to drive the demand for this ingredient in various consumer markets. Lutein plays a vital role in preventing age-related macular degeneration (AMD) disease. The lutein market, over the past few years, has been largely driven by the growing demand for lutein for eye health supplements.
The aging population and heightened interest in preventive health have led to increased sales of vitamins, minerals, and nutritional & herbal supplements. However, currently, manufacturers are more inclined to invest in other end-use applications; the market for food and beverages segment is gaining popularity for lutein application. However, harmful effects of high doses of lutein and lack of R&D activities in African and Middle Eastern countries restraint the lutein market.
The dietary supplements segment accounted for the largest share in 2016, by application, in the lutein market in terms of value and volume. Dietary supplements is an important segment of the lutein market as it reduces the risk of age-related macular diseases (AMD) and cataract as well as the progression of the disease.
- Allied Biotech
- Chr. Hansen
- DDW the Colour House
- E.I.D. Parry
- Omniactive Health Technologies
- Synthite Industries
- Zhejiang Medicine
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Lutein Market, By Form
7 Lutein Market, By Source
8 Lutein Market, By Application
9 Lutein Market, By Production Process
10 Lutein Market, By Region
11 Competitive Landscape
12 Company Profiles
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