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Lutein Market

Lutein Market is expected to reach USD 406.035 Million by 2026 from USD 224.6 Million in 2016 at a CAGR of 6.1% (detailed analysis of growth rate has been provided in a report). Luteins are naturally occurring carotenoids that have huge applications, especially in food & beverages. Benefits of lutein include prevention against eye diseases as well that has further formed another key factor to boost the overall growth of lutein market globally.
The Lutein market is segmented on the basis of form, sources, applications, production processes, and geography. On the basis of form, it is the powder and crystalline sub-segment that will hold the largest Lutein Market share followed by oil suspensions. Among the applications segment, dietary supplements sub-segment will grow at a high rate with its properties providing good eyesight is expected to further drive Lutein market in a positive way. Dietary supplements contain a good amount of minerals; vitamins and fatty acid that help consumers to stay healthy as well as preventing them from harmful diseases. Based on the source, synthetic sub-segment is projected to have ...
... the largest market share during the forecast period as it is more economical for the production process. Moreover, based on production processes, extraction from botanical materials is mainly used as a chemical synthesis process is not feasible on an industrial scale.
Europe formed one of the largest markets for Lutein market with North America and the Asia Pacific being other key regions contributing to overall growth. Stringent government regulations regarding the application of synthetic ingredients have helped in boosting demand for lutein based products. The Asia Pacific formed one of the fastest growing regions for lutein market globally in the current forecast period.
Key Highlights:
• Lutein market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Lutein market.
• Lutein market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Lutein market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of the study.
• Lutein market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Lutein market are also profiled.
Research Methodology:
Bloomberg, Factiva, and Hoovers are some of the sites that are being referred to gain insights about Lutein market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Lutein market globally.
Some of the major players operating in the Lutein market are as follows:
• BASF (Germany)
• Anhui Ruisen (China)
• Chr. Hansen (Denmark)
• Kemin (US)
• E.I.D. Parry (India)
• Nature’s Bounty (US)
• Solaray (US)
• Ddw The Color House (US)
• Döhler (Germany)
• Lycored (Israel)
• Allied Biotech (Taiwan)
• Piveg (US)
• Fenchem (China).
Key Target Audience:
• Commercial research & development (R&D) institutions
• Associations and industry bodies
• Researchers
• Traders, distributors, and retailers
• Raw material suppliers and distributors
• Lutein manufacturers and suppliers
• Carotenoid or natural color industry players
• Industry experts
Years considered to estimate the market size of the lutein market have been mentioned below:
• Base year-2016
• Estimated year-2017
• Forecast year- 2017 to 2026
Scope of the Report:
This research report segments the lutein market based on form, application, source, process and geography:
Lutein Market, by Form:
• Powder & crystalline
• Beadlet
• Oil suspension
• Emulsion
Lutein Market, by Application:
• Food
• Beverages
• Dietary supplements
• Animal feed
• Others
Lutein Market, by Source:
• Natural
• Synthetic
Lutein Market, by Process:
• Chemical synthesis
• Extraction from botanical materials
• Fermentation
• Algae route
Lutein Market, by Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Geographic Analysis:
• Breakdown of The North America lutein Market
• Breakdown of The Europe lutein Market
• Breakdown of The Asia Pacific lutein Market
• Breakdown of The Middle East & Africa lutein Market
• Breakdown of The Latin America lutein Market
For More Information Visit @:https://www.maximizemarketresearch.com/market-report/lutein-market/661/
This Report Is Submitted By : Maximize Market Research Company
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