Description
The growth of the market is attributed to the increasing awareness of the health benefits of lutein, rising demand for dietary supplements, growing geriatric population, and increasing prevalence of chronic diseases such as age-related macular degeneration (AMD).
Lutein is a carotenoid, a type of natural pigment found in plants. It is a powerful antioxidant that protects the eyes from damage caused by free radicals. Lutein is also important for maintaining healthy vision and reducing the risk of AMD.
Lutein is found in a variety of fruits and vegetables, such as spinach, kale, broccoli, and eggs. However, it can be difficult to consume enough lutein from diet alone. Therefore, many people choose to take lutein supplements.
Lutein supplements are available in a variety of forms, including capsules, tablets, and liquids. They are typically taken once or twice daily with food. Lutein supplements are generally safe for most people to take, but it is important to talk to your doctor before taking any supplements, especially if you have any underlying health conditions or are taking any medications.
The global lutein market is segmented by form, source, application, and region. By form, the market is segmented into powder & crystalline, oil suspension, beadlet, and emulsion. By source, the market is segmented into synthetic and natural. By application, the market is segmented into dietary supplements, animal feed, food, and beverages. By region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
The North American region is expected to account for the largest share of the global lutein market in 2023. This is due to the high level of awareness of the health benefits of lutein in the region, as well as the growing demand for dietary supplements.
The Asia Pacific region is expected to grow at the fastest CAGR during the forecast period. This growth is attributed to the increasing urbanization and rising disposable incomes in the region, which are leading to a growing demand for processed foods and convenience foods. This is also leading to an increase in the prevalence of chronic diseases, such as AMD, which is driving the demand for lutein supplements.
The global lutein market is facing a number of challenges, including:
Lack of awareness about the health benefits of lutein in developing countries.
High cost of lutein supplements.
Regulatory challenges.
Despite these challenges, the global lutein market is expected to grow significantly in the coming years. This is due to the increasing awareness of the health benefits of lutein, rising demand for dietary supplements, growing geriatric population, and increasing prevalence of chronic diseases such as AMD.
Key Trends Driving the Growth of the Global Lutein Market
Growing awareness of the health benefits of lutein: There is a growing awareness of the health benefits of lutein, especially its role in protecting eye health and reducing the risk of AMD. This is leading to an increase in the demand for lutein supplements and food and beverage products containing lutein.
Rising demand for dietary supplements: The global dietary supplements market is growing rapidly, and lutein supplements are one of the most popular dietary supplements. This growth is attributed to the increasing awareness of the health benefits of dietary supplements and the growing desire of consumers to take proactive steps to improve their health.
Growing geriatric population: The global geriatric population is growing rapidly, and this is leading to an increase in the demand for lutein supplements. Older adults are more at risk of developing AMD, and lutein supplements can help to reduce this risk.
Increasing prevalence of chronic diseases such as AMD: The increasing prevalence of chronic diseases such as AMD is also driving the demand for lutein supplements. AMD is a leading cause of blindness in the elderly, and lutein supplements have been shown to be effective in reducing the risk of developing AMD.
Opportunities in the Global Lutein Market
The global lutein market offers a number of opportunities for companies that can offer innovative and affordable lutein products. For example, there is an opportunity to develop new lutein delivery systems that can improve the bioavailability and absorption.
Table of Content
1 Market Introduction- Global Lutein Market
1.1 Market Segmentation- Global Lutein Market
1.2 Key Trends- Global Lutein Market
1.2.1 Drivers
1.2.2 Restraints
1.2.3 Challenges
2 Global Market Forecast- Global Lutein Market
2.1.1 By Region
2.1.2 By Source
2.1.3 By Application
2.1.4 By End-use industry
3 Country Wise Forecast- Global Lutein Market
3.1 US
3.1.1 Key Trends
3.1.2 Consumer Spending
o Population
o GDP
o CPI
o Spend per Capita
o Spend as a proportion of GDP
3.1.3 Market Forecast- US Lutein Market
o By Source
o By Application
o By End-use industry
3.1.4 Key Competitors- US Lutein Market
3.1.5 EXIM
3.1.6 Patents
3.1.7 Scenario Analysis- US Lutein Market
3.1.8 Opportunity Analysis- US Lutein Market
3.2 Canada
3.2.1 Key Trends
3.2.2 Consumer Spending
o Population
o GDP
o CPI
o Spend per Capita
o Spend as a proportion of GDP
3.2.3 Market Forecast- Canada Lutein Market
o By Source
o By Application
o By End-use industry
3.2.4 Key Competitors- Canada Lutein Market
3.2.5 EXIM
3.2.6 Patents
3.2.7 Scenario Analysis- Canada Lutein Market
3.2.8 Opportunity Analysis- Canada Lutein Market
3.3 UK
3.3.1 Key Trends
3.3.2 Consumer Spending
o Population
o GDP
o CPI
o Spend per Capita
o Spend as a proportion of GDP
3.3.3 Market Forecast- UK Lutein Market
o By Source
o By Application
o By End-use industry
3.3.4 Key Competitors- UK Lutein Market
3.3.5 EXIM
3.3.6 Patents
3.3.7 Scenario Analysis- UK Lutein Market
3.3.8 Opportunity Analysis- UK Lutein Market
3.4 Germany
3.4.1 Key Trends
3.4.2 Consumer Spending
o Population
o GDP
o CPI
o Spend per Capita
o Spend as a proportion of GDP
3.4.3 Market Forecast- Germany Lutein Market
o By Source
o By Application
o By End-use industry
3.4.4 Key Competitors- Germany Lutein Market
3.4.5 EXIM
3.4.6 Patents
3.4.7 Scenario Analysis- Germany Lutein Market
3.4.8 Opportunity Analysis- Germany Lutein Market
3.5 France
3.5.1 Key Trends
3.5.2 Consumer Spending
o Population
o GDP
o CPI
o Spend per Capita
o Spend as a proportion of GDP
3.5.3 Market Forecast- France Lutein Market
o By Source
o By Application
o By End-use industry
3.5.4 Key Competitors- France Lutein Market
3.5.5 EXIM
3.5.6 Patents
3.5.7 Scenario Analysis- France Lutein Market
3.5.8 Opportunity Analysis- France Lutein Market
3.6 Italy
3.6.1 Key Trends
3.6.2 Consumer Spending
o Population
o GDP
o CPI
o Spend per Capita
o Spend as a proportion of GDP
3.6.3 Market Forecast- Italy Lutein Market
o By Source
o By Application
o By End-use industry
3.6.4 Key Competitors- Italy Lutein Market
3.6.5 EXIM
3.6.6 Patents
3.6.7 Scenario Analysis- Italy Lutein Market
3.6.8 Opportunity Analysis- Italy Lutein Market
3.7 Ireland
3.7.1 Key Trends
3.7.2 Consumer Spending
o Population
o GDP
o CPI
o Spend per Capita
o Spend as a proportion of GDP
3.7.3 Market Forecast- Ireland Lutein Market
o By Source
o By Application
o By End-use industry
3.7.4 Key Competitors- Ireland Lutein Market
3.7.5 EXIM
3.7.6 Patents
3.7.7 Scenario Analysis- Ireland Lutein Market
3.7.8 Opportunity Analysis- Ireland Lutein Market
3.8 Spain
3.8.1 Key Trends
3.8.2 Consumer Spending
o Population
o GDP
o CPI
o Spend per Capita
o Spend as a proportion of GDP
3.8.3 Market Forecast- Spain Lutein Market
o By Source
o By Application
o By End-use industry
3.8.4 Key Competitors- Spain Lutein Market
3.8.5 EXIM
3.8.6 Patents
3.8.7 Scenario Analysis- Spain Lutein Market
3.8.8 Opportunity Analysis- Spain Lutein Market
3.9 Belgium
3.9.1 Key Trends
3.9.2 Consumer Spending
o Population
o GDP
o CPI
o Spend per Capita
o Spend as a proportion of GDP
3.9.3 Market Forecast- Belgium Lutein Market
o By Source
o By Application
o By End-use industry
3.9.4 Key Competitors- Belgium Lutein Market
3.9.5 EXIM
3.9.6 Patents
3.9.7 Scenario Analysis- Belgium Lutein Market
3.9.8 Opportunity Analysis- Belgium Lutein Market
3.10 Switzerland
3.10.1 Key Trends
3.10.2 Consumer Spending
o Population
o GDP
o CPI
o Spend per Capita
o Spend as a proportion of GDP
3.10.3 Market Forecast- Switzerland Lutein Market
o By Source
o By Application
o By End-use industry
3.10.4 Key Competitors- Switzerland Lutein Market
3.10.5 EXIM
3.10.6 Patents
3.10.7 Scenario Analysis- Switzerland Lutein Market
3.10.8 Opportunity Analysis- Switzerland Lutein Market
3.11 Sweden
3.11.1 Key Trends
3.11.2 Consumer Spending
o Population
o GDP
o CPI
o Spend per Capita
o Spend as a proportion of GDP
3.11.3 Market Forecast- Sweden Lutein Market
o By Source
o By Application
o By End-use industry
3.11.4 Key Competitors- Sweden Lutein Market
3.11.5 EXIM
3.11.6 Patents
3.11.7 Scenario Analysis- Sweden Lutein Market
3.11.8 Opportunity Analysis- Sweden Lutein Market
3.12 Portugal
3.12.1 Key Trends
3.12.2 Consumer Spending
o Population
o GDP
o CPI
o Spend per Capita
o Spend as a proportion of GDP
3.12.3 Market Forecast- Portugal Lutein Market
o By Source
o By Application
o By End-use industry
3.12.4 Key Competitors- Portugal Lutein Market
3.12.5 EXIM
3.12.6 Patents
3.12.7 Scenario Analysis- Portugal Lutein Market
3.12.8 Opportunity Analysis- Portugal Lutein Market
3.13 The Netherlands
3.13.1 Key Trends
3.13.2 Consumer Spending
o Population
o GDP
o CPI
o Spend per Capita
o Spend as a proportion of GDP
3.13.3 Market Forecast- Netherlands Lutein Market
o By Source
o By Application
o By End-use industry
3.13.4 Key Competitors- Netherlands Lutein Market
3.13.5 EXIM
3.13.6 Patents
3.13.7 Scenario Analysis- Netherlands Lutein Market
3.13.8 Opportunity Analysis- Netherlands Lutein Market
3.14 Brazil
3.14.1 Key Trends
3.14.2 Consumer Spending
o Population
o GDP
o CPI
o Spend per Capita
o Spend as a proportion of GDP
3.14.3 Market Forecast- Brazil Lutein Market
o By Source
o By Application
o By End-use industry
3.14.4 Key Competitors- Brazil Lutein Market
3.14.5 EXIM
3.14.6 Patents
3.14.7 Scenario Analysis- Brazil Lutein Market
3.14.8 Opportunity Analysis- Brazil Lutein Market
3.15 Mexico
3.15.1 Key Trends
3.15.2 Consumer Spending
o Population
o GDP
o CPI
o Spend per Capita
o Spend as a proportion of GDP
3.15.3 Market Forecast- Mexico Lutein Market
o By Source
o By Application
o By End-use industry
3.15.4 Key Competitors- Mexico Lutein Market
3.15.5 EXIM
3.15.6 Patents
3.15.7 Scenario Analysis- Mexico Lutein Market
3.15.8 Opportunity Analysis- Mexico Lutein Market
3.16 Australia
3.16.1 Key Trends
3.16.2 Consumer Spending
o Population
o GDP
o CPI
o Spend per Capita
o Spend as a proportion of GDP
3.16.3 Market Forecast- Australia Lutein Market
o By Source
o By Application
o By End-use industry
3.16.4 Key Competitors- Australia Lutein Market
3.16.5 EXIM
3.16.6 Patents
3.16.7 Scenario Analysis- Australia Lutein Market
3.16.8 Opportunity Analysis- Australia Lutein Market
3.17 China
3.17.1 Key Trends
3.17.2 Consumer Spending
o Population
o GDP
o CPI
o Spend per Capita
o Spend as a proportion of GDP
3.17.3 Market Forecast- China Lutein Market
o By Source
o By Application
o By End-use industry
3.17.4 Key Competitors- China Lutein Market
3.17.5 EXIM
3.17.6 Patents
3.17.7 Scenario Analysis- China Lutein Market
3.17.8 Opportunity Analysis- China Lutein Market
3.18 Indonesia
3.18.1 Key Trends
3.18.2 Consumer Spending
o Population
o GDP
o CPI
o Spend per Capita
o Spend as a proportion of GDP
3.18.3 Market Forecast- Indonesia Lutein Market
o By Source
o By Application
o By End-use industry
3.18.4 Key Competitors- Indonesia Lutein Market
3.18.5 EXIM
3.18.6 Patents
3.18.7 Scenario Analysis- Indonesia Lutein Market
3.18.8 Opportunity Analysis- Indonesia Lutein Market
3.19 India
3.19.1 Key Trends
3.19.2 Consumer Spending
o Population
o GDP
o CPI
o Spend per Capita
o Spend as a proportion of GDP
3.19.3 Market Forecast- India Lutein Market
o By Source
o By Application
o By End-use industry
3.19.4 Key Competitors- India Lutein Market
3.19.5 EXIM
3.19.6 Patents
3.19.7 Scenario Analysis- India Lutein Market
3.19.8 Opportunity Analysis- India Lutein Market
3.20 Japan
3.20.1 Key Trends
3.20.2 Consumer Spending
o Population
o GDP
o CPI
o Spend per Capita
o Spend as a proportion of GDP
3.20.3 Market Forecast- Japan Lutein Market
o By Source
o By Application
o By End-use industry
3.20.4 Key Competitors- Japan Lutein Market
3.20.5 EXIM
3.20.6 Patents
3.20.7 Scenario Analysis- Japan Lutein Market
3.20.8 Opportunity Analysis- Japan Lutein Market
3.21 South Korea
3.21.1 Key Trends
3.21.2 Consumer Spending
o Population
o GDP
o CPI
o Spend per Capita
o Spend as a proportion of GDP
3.21.3 Market Forecast- South Korea Lutein Market
o By Source
o By Application
o By End-use industry
3.21.4 Key Competitors- South Korea Lutein Market
3.21.5 EXIM
3.21.6 Patents
3.21.7 Scenario Analysis- South Korea Lutein Market
3.21.8 Opportunity Analysis- South Korea Lutein Market
3.22 Thailand
3.22.1 Key Trends
3.22.2 Consumer Spending
o Population
o GDP
o CPI
o Spend per Capita
o Spend as a proportion of GDP
3.22.3 Market Forecast- Thailand Lutein Market
o By Source
o By Application
o By End-use industry
3.22.4 Key Competitors- Thailand Lutein Market
3.22.5 EXIM
3.22.6 Patents
3.22.7 Scenario Analysis- Thailand Lutein Market
3.22.8 Opportunity Analysis- Thailand Lutein Market
3.23 Malaysia
3.23.1 Key Trends
3.23.2 Consumer Spending
o Population
o GDP
o CPI
o Spend per Capita
o Spend as a proportion of GDP
3.23.3 Market Forecast- Malaysia Lutein Market
o By Source
o By Application
o By End-use industry
3.23.4 Key Competitors- Malaysia Lutein Market
3.23.5 EXIM
3.23.6 Patents
3.23.7 Scenario Analysis- Malaysia Lutein Market
3.23.8 Opportunity Analysis- Malaysia Lutein Market
3.24 Singapore
3.24.1 Key Trends
3.24.2 Consumer Spending
o Population
o GDP
o CPI
o Spend per Capita
o Spend as a proportion of GDP
3.24.3 Market Forecast- Singapore Lutein Market
o By Source
o By Application
o By End-use industry
3.24.4 Key Competitors- Singapore Lutein Market
3.24.5 EXIM
3.24.6 Patents
3.24.7 Scenario Analysis- Singapore Lutein Market
3.24.8 Opportunity Analysis- Singapore Lutein Market
4 Opportunity Matrix- Global Lutein Market
5 Conclusions and Recommendations- Global Lutein Market
6 About Global Food & Beverage
