Global Lutein Food Market Expands US$ 620.2 Mn by 2031 | Kemin Industries, BASF SE, DSM, Allied Biotech Corporation

Global Lutein Food Market reached US$ 392.1 million in 2023 and is expected to reach US$ 620.2 million by 2031, growing with a CAGR of 5.9% during the forecast period 2024-2031.

The Lutein Food Market Report by DataM Intelligence delivers comprehensive insights into key market trends, growth drivers, and emerging challenges. With a focus on providing actionable intelligence, DataM Intelligence enables businesses to make informed strategic decisions and maintain a competitive edge. Leveraging both qualitative and quantitative research methodologies, the report offers in-depth analysis to help clients navigate complex market dynamics, identify new opportunities, and accelerate growth in today's rapidly evolving global landscape.

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Lutein is a carotenoid antioxidant naturally found in leafy greens, fruits, and vegetables. Known for supporting eye health, cognitive function, and skin protection, lutein is increasingly added to functional foods, beverages, and dietary supplements. The Lutein Food Market is driven by rising consumer awareness of preventative health, aging population needs, and demand for natural, plant-based ingredients in nutrition.

List of the Market Players in the Lutein Food Market:

Kemin Industries, 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 Piveg, Inc.

Industry News:

In February 2023, Herbalife Nutrition India entered the eye health segment with the launch of Ocular Defense, a scientifically formulated supplement combining lutein and zeaxanthin. This product reflects the company's ongoing commitment to supporting overall health and wellness through targeted nutritional solutions.

In October 2023, OmniActive, a leading ingredient supplier, introduced its "Lutein for Every Age" campaign. The initiative aims to raise awareness about the importance of macular carotenoids particularly lutein in supporting eye and brain health in children, while also addressing existing knowledge gaps in pediatric nutrition.

Research Methodology:

The global Lutein Food Market research report utilizes both primary and secondary data sources to provide a well-rounded analysis. Throughout the research process, various influential factors are assessed-including regulatory frameworks, current market dynamics, historical trends, competitive landscape, technological progress, upcoming innovations, and related industry developments. The report also considers market volatility, growth prospects, potential barriers, and emerging challenges to offer a comprehensive view of the market environment.

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Segment Covered in the Lutein Food Market:

By Origin: Natural, Synthetic

By Form: Powder, Liquid, Spray-Dried, Others

By Application: Dairy Products, Bakery and Snacks, Baby Food, Nutritional Supplements, Others

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

Regional Analysis for Lutein Food 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)

Benefits of the Report:

➡ 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

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➤ What are the global sales, production, consumption, import, and export figures for the Lutein Food market?
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➤ Which product types and end-user segments show the most growth potential and market share?
➤ What are the main growth drivers and restraints in the Lutein Food market?
➤ What sales, marketing, and distribution channels are commonly used?

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