Press release
Lutein Supplements Market Size 267.3 Mn by 2031 | Key Players, Innovations & Global Forecast - Kemin Industries, BASF SE, DSM, PIVEG, Inc
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 report by DataM Intelligence provides comprehensive insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. By combining qualitative and quantitative research methodologies, the firm delivers in-depth reports that help clients navigate complex market dynamics, drive strategic growth, and seize new opportunities in an ever-evolving global landscape.
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Market Overview :
Lutein supplements are dietary products formulated with lutein-a carotenoid antioxidant known for promoting eye health, especially by protecting against age-related macular degeneration (AMD), blue light damage, and oxidative stress. They are widely used in nutraceuticals and eye health products.
Evolving Market Forces and Opportunities:
In February 2024, EyePromise, a company dedicated to eye health supplements, introduced BrainPromise, a comprehensive formula containing essential minerals, vitamins, and key carotenoids like lutein and zeaxanthin. The supplement features a robust combination of ingredients, including vitamins A, C, D3, E, B6, B12, folic acid, zinc, omega-3s, CoQ10, alpha-lipoic acid, selenium, manganese, bilberry, mixed tocotrienols/tocopherols, and a proprietary blend.
In February 2023, Herbalife Nutrition India launched Ocular Defense, a scientifically developed supplement aimed at supporting eye health. It combines lutein and zeaxanthin to help maintain vision and protect against oxidative stress.
List of the Key Players in the Lutein Supplements Market:
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.
Research Methodology:
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.
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Segment Covered in the Lutein Supplements Market:
By Ingredient: Zeaxanthin, Vitamins and Minerals, Omega-3 Fatty Acids, Antioxidants, Others
By Form: Powder, Liquid, Tablets, Others
By Packaging: Bottles, Sachets, Blister Packs, Other
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
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)
Most Frequently Asked Questions in the Lutein Supplements Market Research Industry:
➠ What are the global figures for sales, production, consumption, imports, and exports in the Lutein Supplements market?
➠ Who are the top manufacturers in the global Lutein Supplements industry, and what is their current status in terms of production capacity, output, sales performance, pricing structure, cost analysis, profit margins, and overall revenue?
➠ What key opportunities are available for vendors in the Lutein Supplements market, and what challenges are they likely to encounter?
➠ Which application areas, end-user segments, or product types are projected to experience significant growth, and how is the market share distributed among them?
➠ What are the major drivers and barriers influencing the growth trajectory of the Lutein Supplements market?
➠ What are the primary sales, marketing, and distribution strategies used across the global Lutein Supplements industry landscape?
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