Lutein Powder Market in Functional Foods & Supplements: Market US$ 505.7Mn By 2031 | Industry News

Global Lutein Powder Market reached US$ 310.2 million in 2022 and is expected to reach US$ 505.7 million by 2031, growing with a CAGR of 6.3% during the forecast period 2024-2031.

The Lutein Powder Market Report by DataM Intelligence offers comprehensive insights into the latest market trends, key growth drivers, and emerging challenges. Crafted to support smarter and faster decision-making, our reports blend in-depth data analysis with expert insights. At DataM Intelligence, we simplify complex market dynamics into actionable strategies-empowering businesses to remain competitive, scale confidently, and capitalize on the right opportunities in an ever-evolving landscape.

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Lutein Powder Market Overview

Lutein powder is a naturally derived carotenoid used as a support eye health, particularly the macula and retina. Known for its antioxidant properties, it is commonly added to functional foods, nutraceuticals, and supplements aimed at reducing the risk of age-related macular degeneration (AMD) and improving visual performance.

Research Methodology:

The global Lutein Powder Market research report is based on a combination of primary and secondary data sources. The study carefully analyzes various factors influencing the industry, including government regulations, market dynamics, competitive landscape, historical trends, current conditions, and technological progress. It also evaluates future developments, related industry trends, market volatility, growth prospects, potential obstacles, and emerging challenges.

Segment Covered in the Lutein Powder Market:

By Origin: Natural, Synthetic

By Type: Low Pure Lutein Powder, High Pure Lutein Powder

By Application: Food and Beverage, Pharmaceuticals & Nutraceuticals, Cosmetics & Personal Care, Animal Feed, Others

By Distribution Channel: Supermarkets/Hypermarkets, Online Retail, Specialty Stores, Others

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List of the Key Players in the Lutein Powder Market:

BASF SE, DSM, Allied Biotech Corporation, Cyanotech Corporation, Chr. Hansen Holding A/S, Nature's Bounty Co., Naturex S.A., Zhejiang Medicine Co., Ltd., and Fenchem Inc.

Industry Development:

In February 2023, Herbalife Nutrition India introduced a new supplement aimed at supporting eye health. The scientifically developed product, Ocular Defense, combines lutein and zeaxanthin to promote vision wellness. With this launch, Herbalife Nutrition India marks its entry into the eye health segment, reinforcing its commitment to overall nutrition and well-being.

In October 2023, OmniActive, a leading ingredient supplier, launched the "Lutein for Every Age" campaign. This initiative focuses on raising awareness about the importance of macular carotenoids in supporting eye and brain health in children, while also aiming to bridge knowledge gaps related to pediatric nutrition.

Regional Analysis for Lutein Powder 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 Report Includes:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Go-to-market Strategy.

➡ Neutral perspective on the market performance.

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

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

People Also Ask:

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➠ What key opportunities and challenges do vendors face in the Lutein Powder industry?

➠ Which product types, applications, or end-users are driving market growth, and what is their market share?

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