Lutein Market Competitive Landscape Until 2024: Chr. Hansen, E.I.D. Parry, Kemin, Zhejiang Medicine, Omniactive Health Technologies, Piveg, DDW the Colour House, Döhler, Allied Biotech, Synthite Industries, Lycored, Fenchem, BASF SE
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Market Drivers and Restraints:
• Increase in scope of application
• Preventive healthcare and nutraceuticals
• Rise in demand for natural colorants
• Growth in pork, poultry, and aquaculture industries
• Harmful effects of high doses of lutein
• Stringent regulatory and approval norms
• Lack of R&D activities in African and Middle Eastern countries
Lutein Market Segmentation
On the basis of form
• Oil suspension,
On the basis of source
On the basis of process
• Chemical synthesis,
• Extraction from botanical material,
• Algae route.
On the basis of geography
• North America & South America,
• Middle East & Africa
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Global Lutein Market accounted to USD 265.6 million in 2016 growing at a CAGR of 6.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Top countries covered in this report are
U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Lutein market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of lutein market for global, Europe, North America, Asia Pacific and South America.
Key Insights in the report:
• Historical and current market size and projection up to 2025.
• Market trends impacting the growth of the global lutein market.
• Analyze and forecast the lutein market on the basis of market type and application.
• Trends of key regional and country-level markets for market type and application.
• Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.
Applications of Lutein market
• Food & beverages - bakery & confectionery, breakfast cereals, infant formula, dairy, beverages, frozen food and others.
• Beverages - energy drinks, flavored beverages, aerated drinks and others.
• Animal feed,
• Dietary supplements,
Browse Detailed TOC, Tables, Figures, Charts and Companies @ https://databridgemarketresearch.com/toc/?dbmr=global-lutein-market
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Report Access: http://databridgemarketresearch.com/reports/global-alternative-sweeteners-market/
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