Lutein is known as a carotenoid vitamin. It is an antioxidant belonging to a group called carotenoids. It makes the bright yellow, red, and orange colors in fruits, vegetables, and other plants. It is found in high amounts in leafy greens and orange-yellow vegetables as well as dietary supplements. Foods that are rich in lutein include zucchini, spinach, orange pepper, corn, kale, orange juice, grapes, kiwi fruit, broccoli, and squash. Lutein is vital for maintaining eye health and decreasing the risk of macular degeneration and cataracts.
The “Global Lutein Market Analysis to 2027” is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of lutein market with detailed market segmentation by form, source, production process, application and geography. The global lutein market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading lutein market players and offers key trends and opportunities in the market.
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Increasing demand for lutein in the food and beverage industry as a natural colorant is driving the need for lutein market. Furthermore, growth in pork, poultry, and aquaculture industries is also projected to influence the lutein market significantly in the upcoming period. Moreover, rising demand for eye healthcare supplements across the globe is expected to have a robust impact in the lutein market. Raising awareness about the medicinal applications of lutein is anticipated to generate untapped opportunity for the market participants.
The reports cover key developments in the lutein market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from lutein market are anticipated to lucrative growth opportunities in the future with the rising demand for lutein in the global market. Below mentioned is the list of few companies engaged in the lutein market.
The global lutein market is segmented on the basis of form, source, production process and application. Based on form, the market is segmented into powder & crystalline, oil suspension, beadlet, and emulsion. On the basis of the source the market is segmented into natural, and synthetic. On the basis of the application the market is segmented into food, beverages, dietary supplements, animal feed, and other applications. On the basis of the production process the market is segmented into chemical synthesis, extraction from botanical material, fermentation, and algae route.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global lutein market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The lutein market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting lutein market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the lutein market in these regions.
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Key Elements that the report acknowledges:
- Market size and growth rate during forecast period.
- Key factors driving the Lutein Market.
- Key market trends cracking up the growth of the Global Lutein Market
- Challenges to market growth.
- Key vendors of Lutein Market.
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