Lutein Market is estimated to grow at a CAGR of 6.3% during 2018 to 2022 | Vital Players are DSM, BASF, Solaray, Sundown, Iorrow, Allied Biotech Corporation, Kemin, Tianjin Pharmaland, Nature’s Bounty and few other regional players.

Lutein Market Size and Growth Rate:
Lutein Market was valued at USD 263.8 Million by 2017 and projected to reach USD 357.7 Million by 2022 growing at a CAGR of 6.3% during the forecast period 2018 to 2022.

Lutein Market Overview:
Lutein is a yellow pigment found in many plants, fruits and vegetables. It is a type of carotenoid and acts as an antioxidant that is useful to promote eye function and good vision. With eye diseases such as cataracts, glaucoma, age-related macular degeneration and increased diabetic retinopathy, the demand for lutein may increase in the market. Lutein is also useful in the prevention of several types of cancer, including type 2 diabetes, breast cancer, and skin, colon, and coronary heart disease. It is also used in yoghurts, ice cream, drinks, fruits and desserts.

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Lutein Market Growth Drivers and Restraints:
The market for lutein is a growing market due to the growing demand for eye supplements in the health sector and problems due to the lack of diet and the hectic lifestyles of the population. A large part of the population is affected by heart disease, diabetes, stroke and obesity, which can stimulate the market of dietary supplements with lutein, which includes minerals, fatty acids and vitamins.

However, due to lutein in supplements, some people may be affected by skin rashes, hives, swelling of the face, stomach cramps and respiratory problems. The high consumption of lutein can cause yellowing of the skin. Lutein is not a legalized nutritional ingredient in infant formulas, so it affects a significant part of the profit margin and also affects product prices. All these factors hinder the growth of the lutein market.

The growing preference of consumers for functional dairy products, such as cheese, yogurt and ice cream, due to the growing concern for health can boost the global market for lutein.

Geographic Insights of Lutein Market:
The majority of this market is owned by Asia-Pacific. The growth in this region is due to the growing concern for health and changing lifestyles. North America, particularly countries such as the United States and Canada, is closely monitoring growth in the Asia-Pacific region. The growth can be attributed to the growing demand for lutein in the health industry, as consumers use a variety of products infused with lutein related to the heart, bones, weight, eyes, immune diseases and digestion. Europe, Latin America, the Middle East and Africa also contribute equally to the growth of the market.

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Key Market Players of Lutein Market:
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.

Lutein Market Key Segmentation:

By Region:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle-East & Africa

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