Lutein Supplements Market Size,Share,Trends Analysis Report and Forecast (2024-2031)

The market for lutein supplements has grown significantly globally in recent years, mostly due to rising consumer awareness of the value of preventative healthcare and eye health. Naturally abundant in leafy green vegetables, lutein is a carotenoid that is well-known for its antioxidant qualities and its support of eye health, especially in preventing cataracts and age-related macular degeneration (AMD).The market for lutein supplements has increased as the world's aging population rises and worries about digital eye strain from prolonged screen usage increase. Furthermore, new delivery methods and combination products have been created as a result of technological developments in formulations, which has further fueled market expansion.

The natural lutein supplements account for over half of the market share. Similarly, North America dominates the lutein supplements market, capturing the largest market share of over 1/3rd. North America offers a diverse range of retail channels for purchasing lutein supplements, including pharmacies, health food stores, supermarkets, and online retailers.

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Market Dynamics

The incidence of age-related eye disorders has increased in tandem with the aging of the world's population. For instance, AMD is one of the main global causes of irreversible visual loss in the elderly. The risk of AMD rises with age, which raises the need for preventive treatments like lutein supplements. According to the United Nations, the percentage of people aged 65 and above is growing at a faster rate than those below that age.

In 2022, 771 million people aged 65 and above were living globally, accounting for almost 10% of the world's population. This segment is expected to reach 16% in 2050, and eventually 24% by 2100. This population-based study showed that the impact of population aging was associated with 183.37 million vision loss cases. Near vision loss, refraction disorders, and cataract increased most with population aging.People grow increasingly aware of the problems linked with age-related vision loss and their eye health as they get older. Proactive steps are being taken more often to preserve excellent eyesight and stop the development of eye disorders. As the benefits of lutein supplements for eye health become more widely acknowledged, older persons are using them at larger rates.

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Segment Analysis

It has been demonstrated that lutein and other vitamins and minerals, including zinc, copper, and the C and E vitamins, combine to promote eye health. In order to combat free radicals and lessen oxidative stress in the eyes, these nutrients are essential components of antioxidant defense systems. Lutein supplements provide all-encompassing support for ocular wellbeing by mixing lutein with key vitamins and minerals, addressing several facets of eye health at once.

In the eye, lutein functions as a strong antioxidant in conjunction with vitamins C and E, guarding against oxidative damage brought on by exposure to blue light and ultraviolet (UV) radiation. Zinc and copper are necessary cofactors for antioxidant enzymes, and vitamin C aids in the regeneration of vitamin E, boosting its antioxidant action.

Competitive Landscape

The major global players in the market include Kemin Industries, BASF SE, DSM, PIVEG, Inc., Allied Biotech Corporation, Vitae Naturals, Fenchem Inc., Chr. Hansen Holding A/S and Nature's Way Products, LLC.

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