Lutein Supplements Market is Anticipated to See a CAGR of 6.2% Between 2024-2031 | Kemin Industries, BASF SE, DSM, PIVEG, Inc.

The Lutein Supplements Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and provides recommendations for market participants to capitalize on these opportunities. Overall, the Lutein Supplements market report is an essential resource for market participants who are looking to gain a comprehensive understanding of the market and identify opportunities for growth.

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Global Lutein Supplements Market reached US$ 165.2 million in 2023 and is expected to reach US$ 267.3 million by 2031, growing with a CAGR of 6.2% during the forecast period 2024-2031.

The Lutein Supplements Market focuses on the demand for dietary supplements containing lutein, a carotenoid known for its role in eye health. Lutein helps protect the eyes from harmful blue light and oxidative stress, supporting vision and reducing the risk of age-related macular degeneration. The market is growing due to increased awareness of eye health, rising screen time, aging populations, and a preference for natural supplements to support long-term wellness.

Competitive Landscape

The section also contains information related to the new product launches, mergers, acquisitions, collaborations, etc., to give a clear understanding about the competitive landscape prevailing in the global market. With an emphasis on strategies there have been several primary developments done by major companies such as 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.

Key Developments:

In February 2024, EyePromise, a company specializing in eye health supplements, introduced BrainPromise, a new supplement designed to support cognitive function. This product features a blend of essential minerals, vitamins, and carotenoids such as lutein and zeaxanthin. Key ingredients include vitamins A, C, D3, E, B6, B12, folic acid, zinc, omega-3s, CoQ10, alpha-lipoic acid, selenium, manganese, bilberry, zeaxanthin, lutein, and a proprietary blend of mixed tocotrienols/tocopherols, offering comprehensive support for brain health.

In February 2023, Herbalife Nutrition India launched a new supplement, Ocular Defense, to target the eye health market. This scientifically formulated product combines lutein and zeaxanthin, key carotenoids known for their role in supporting eye health and protecting against age-related vision issues.

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Market Segments

The detailed segmentation offered in the report will help customers get a clear idea about the market segments and the factors that will drive segmental growth. The Lutein Supplements market has been segmented

By Ingredient: Zeaxanthin, Vitamins and Minerals, Omega-3 Fatty Acids, Antioxidants, Others.

By Form: Powder, Liquid, Tablets, Others.

By Packaging: Bottles, Sachets, Blister Packs, Others.

By Application: Eye Health and Vision Support, Antioxidant Supplements, Sports Nutrition, Skin Health, Brain Health and Cognitive Function, Others.

By Distribution Channel: Supermarkets/Hypermarkets, Online Retail, Pharmacies and Drug Stores, Others.

Research Process

Both primary and secondary data sources have been used in the global Lutein Supplements Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Regional Analysis for Lutein Supplements Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Lutein Supplements market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Lutein Supplements Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Lutein Supplements market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Lutein Supplements Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Lutein Supplements market?

➠ Who are the global key manufacturers of the Lutein Supplements Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Lutein Supplements market opportunities and threats faced by the vendors in the global Lutein Supplements Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Lutein Supplements market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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