Lutein Market Worth 362.8 Million USD By 2025 with Global CAGR 6.9%

The lutein market has been largely driven by the growing demand for lutein in the dietary supplements market. Lutein is mainly used for preventing eye diseases such as AMD and cataract. Companies are currently focusing on the application of lutein in food and beverages, as well as personal care products. The dietary supplements segment is estimated to dominate the lutein market through the forecast period. Dietary supplements are an important segment of the lutein market as lutein is mainly associated with eye health and is increasingly used as an ingredient in eye health supplements. Many reports and researchers are highlighting eye health benefits with the consumption of lutein, such as reduction of risk or slower progression of eye diseases such as age-related macular diseases AMD and cataract.
Planet Market Reports projects that the Lutein market size will grow from USD 243.1 Million in 2017 to USD 362.8 Million by 2023, at an estimated CAGR of 6.9%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

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By Market Players
BASF, Chr. Hansen Holding, E.I.D. Parry, Kemin, Zhejiang Medicine, Omniactive Health Technologies, Piveg, DDW the Colour House, Döhler, Allied Biotech, Synthite Industries, Lycored, Fenchem,

By Form
Powder & Crystalline, Oil Suspension, Beadlet, Emulsion

By Source
Natural, Synthetic

By Application
Food, Beverages, Dietary Supplements, Animal Feed, Other Applications

By Product
Chemical Synthesis, Extraction from Botanical Material, Fermentation, Algae Route,

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