Market Overview:
The global natural lutein market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising awareness about the benefits of lutein, increasing demand for functional foods and beverages, and growing demand from emerging markets. On the basis of type, the global natural lutein market is segmented into powder & crystalline, beadlet, oil suspension, and emulsion. The powder & crystalline segment is expected to account for a major share of the global natural lutein market in 2018. This segment is projected to grow at a CAGR of 7% during the forecast period.
Product Definition:
The definition of natural lutein is a pigment found in plants that is responsible for their yellow and orange colors. It can also be found in the human eye and plays a role in vision.
Powder & crystalline:
Powder and crystalline are the two forms of lutein. Powder is a dry, free-flowing powder that can be mixed with other ingredients to form a complete product line. Crystalline is made up of individual units or monomers that are combined to form an integrated structure; it has better solubility in water as compared to powder form.
Beadlet:
Beadlet is a new term in the natural lutein market. It is defined as a very small particle of lutein that can fit in one drop of water. Beadlets are used to measure the concentration of Natural Lutein in each solution and thus help to standardize results for each experiment.
The amount of beadlet required for measuring 1 mg/L varies with different solutions, but 5-10 beads are sufficient for most experiments.
Application Insights:
Food, beverages and dietary supplements were the major application segments of the global natural lutein market. Lutein is widely used in food products such as breakfast cereals, bakery products, snacks and sweets owing to its nutritional properties including antioxidant content. The demand for lutein-based food additives has witnessed a rise due to its ability to improve vision health by strengthening macular pigment (a type of carotenoid).
LMT Laboratories Ltd., Now Foods Worldwide Inc., Solaray Inc., Orthomolecular Products U.S.A., Ltd., Life Extension Foundation LLC are some of the companies engaged in offering dietary supplements containing lutein worldwide. In addition, Rising awareness regarding eye health among consumers around the world is expected to fuel product demand over the forecast period driving growth of this segment during future years as well.
The beverage sector accounted for a share of 15% in 2017 owing to rising use in functional beverages such as juices.
Regional Analysis:
North America dominated the global natural lutein market in terms of revenue with a share of over 40.0% in 2017. This is attributed to growing awareness about nutritional enrichment among children and adolescents coupled with increasing consumption of ready-to-drink beverages such as juices, sports drinks, and smoothies on a regular basis. The U.S.
Growth Factors:
- Increasing awareness about the benefits of lutein for eye health is driving the demand for natural lutein.
- Growing demand from the food and beverage industry as a natural colorant is propelling the growth of the global natural lutein market.
- Rising prevalence of age-related macular degeneration (AMD) is fueling the demand for natural lutein supplements to prevent vision loss.
- Increasing use of dietary supplements in developed countries is contributing to the growth of global natural lutein market.
- Growing popularity of functional foods and beverages that offer health benefits is boosting demand for natural lutein ingredients
Scope Of The Report
Report Attributes
Report Details
Report Title
Natural Lutein Market Research Report
By Type
Powder & crystalline, Beadlet, Oil suspension, Emulsion
By Application
Food, Beverages, Dietary supplements, Animal feed, Others
By Companies
BASF (Germany), Chr. Hansen (Denmark), E.I.D. Parry (India), Kemin (US), Zhejiang Medicine (China), DDW The Color House. (US), Dohler (Germany), Lycored (Israel), PIVEG (US), Allied Biotech (Taiwan), FENCHEM (China)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Natural Lutein Market Report Segments:
The global Natural Lutein market is segmented on the basis of:
Types
Powder & crystalline, Beadlet, Oil suspension, Emulsion
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Beverages, Dietary supplements, Animal feed, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF (Germany)
- Chr. Hansen (Denmark)
- E.I.D. Parry (India)
- Kemin (US)
- Zhejiang Medicine (China)
- DDW The Color House. (US)
- Dohler (Germany)
- Lycored (Israel)
- PIVEG (US)
- Allied Biotech (Taiwan)
- FENCHEM (China)
Highlights of The Natural Lutein Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Powder & crystalline
- Beadlet
- Oil suspension
- Emulsion
- By Application:
- Food
- Beverages
- Dietary supplements
- Animal feed
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Natural Lutein Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Natural lutein is a carotenoid found in plants. It is responsible for the yellow and green colors of fruits and vegetables.
Some of the key players operating in the natural lutein market are BASF (Germany), Chr. Hansen (Denmark), E.I.D. Parry (India), Kemin (US), Zhejiang Medicine (China), DDW The Color House. (US), Dohler (Germany), Lycored (Israel), PIVEG (US), Allied Biotech (Taiwan), FENCHEM (China).
The natural lutein market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Natural Lutein Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Natural Lutein Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Natural Lutein Market - Supply Chain
4.5. Global Natural Lutein Market Forecast
4.5.1. Natural Lutein Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Natural Lutein Market Size (000 Units) and Y-o-Y Growth
4.5.3. Natural Lutein Market Absolute $ Opportunity
5. Global Natural Lutein Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Natural Lutein Market Size and Volume Forecast by Type
5.3.1. Powder & crystalline
5.3.2. Beadlet
5.3.3. Oil suspension
5.3.4. Emulsion
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Natural Lutein Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Natural Lutein Market Size and Volume Forecast by Application
6.3.1. Food
6.3.2. Beverages
6.3.3. Dietary supplements
6.3.4. Animal feed
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Natural Lutein Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Natural Lutein Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Natural Lutein Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Natural Lutein Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Natural Lutein Demand Share Forecast, 2019-2026
9. North America Natural Lutein Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Natural Lutein Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Natural Lutein Market Size and Volume Forecast by Application
9.4.1. Food
9.4.2. Beverages
9.4.3. Dietary supplements
9.4.4. Animal feed
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Natural Lutein Market Size and Volume Forecast by Type
9.7.1. Powder & crystalline
9.7.2. Beadlet
9.7.3. Oil suspension
9.7.4. Emulsion
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Natural Lutein Demand Share Forecast, 2019-2026
10. Latin America Natural Lutein Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Natural Lutein Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Natural Lutein Market Size and Volume Forecast by Application
10.4.1. Food
10.4.2. Beverages
10.4.3. Dietary supplements
10.4.4. Animal feed
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Natural Lutein Market Size and Volume Forecast by Type
10.7.1. Powder & crystalline
10.7.2. Beadlet
10.7.3. Oil suspension
10.7.4. Emulsion
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Natural Lutein Demand Share Forecast, 2019-2026
11. Europe Natural Lutein Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Natural Lutein Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Natural Lutein Market Size and Volume Forecast by Application
11.4.1. Food
11.4.2. Beverages
11.4.3. Dietary supplements
11.4.4. Animal feed
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Natural Lutein Market Size and Volume Forecast by Type
11.7.1. Powder & crystalline
11.7.2. Beadlet
11.7.3. Oil suspension
11.7.4. Emulsion
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Natural Lutein Demand Share, 2019-2026
12. Asia Pacific Natural Lutein Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Natural Lutein Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Natural Lutein Market Size and Volume Forecast by Application
12.4.1. Food
12.4.2. Beverages
12.4.3. Dietary supplements
12.4.4. Animal feed
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Natural Lutein Market Size and Volume Forecast by Type
12.7.1. Powder & crystalline
12.7.2. Beadlet
12.7.3. Oil suspension
12.7.4. Emulsion
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Natural Lutein Demand Share, 2019-2026
13. Middle East & Africa Natural Lutein Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Natural Lutein Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Natural Lutein Market Size and Volume Forecast by Application
13.4.1. Food
13.4.2. Beverages
13.4.3. Dietary supplements
13.4.4. Animal feed
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Natural Lutein Market Size and Volume Forecast by Type
13.7.1. Powder & crystalline
13.7.2. Beadlet
13.7.3. Oil suspension
13.7.4. Emulsion
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Natural Lutein Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Natural Lutein Market: Market Share Analysis
14.2. Natural Lutein Distributors and Customers
14.3. Natural Lutein Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF (Germany)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Chr. Hansen (Denmark)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. E.I.D. Parry (India)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kemin (US)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Zhejiang Medicine (China)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. DDW The Color House. (US)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dohler (Germany)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lycored (Israel)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. PIVEG (US)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Allied Biotech (Taiwan)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. FENCHEM (China)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
