The global lutein market is expected to grow steadily over the forecast period. The growth of the lutein market is driven by the growing demand for eye supplements due to the recovery in the healthcare sector, which may propel the market during the forecast period.
Lutein can absorb blue light, which later acts as “internal sunglasses” that can reduce photochemical damage caused by short-wavelength observable light. After consuming lutein through supplements and leafy greens, MPOD (macular pigment optical density) increases in the human eye and reduces the risk of AMD (age-related macular degeneration).
Global Lutein Market: Segmentation
The lutein market can be segmented based on end-use industry, application, and region. Based on the end-use industry, lutein is divided into food, pharmaceutical, nutraceutical, animal feed, and dietary supplement applications.
The cosmetics and pharmaceuticals sector is expected to grow during the forecast period. Based on application, the lutein market is segmented into food colorings, dairy products, eggs, cosmetics, tobacco, drugs, and poultry feed. The application of lutein in milk and egg products is the largest segment of the lutein market during the projected period.
Growing consumer preference for functional dairy products such as cheese, yogurt, and ice cream due to rising consumer health concerns could propel the global lutein market.
Global Lutein Market: Regional Outlook
Based on the geographic market segment, it is divided into seven different regions: North America, Latin America & Eastern Europe, Western Europe & Asia-Pacific, Japan, and Middle East & Africa.
In the regional segments, APAC is currently the leader by revenue in the global lutein ma, market and is expected to remain dominant during the forecast period, followed by North America which is expected to witness relatively high growth in the global lutein market over the forecast period. period with increasing health concerns, especially the demand for lutein in the health sector, as consumers use various lutein-infused products related to bones, heart, eyes, weight, digestion, and immune disorders, which could boost the U.S. lutein market.
Global Lutein Market: Drivers and Restraints
The hectic lifestyle and lack of a stable diet have led to health problems such as diabetes, heart disease, obesity, and stroke, and will drive the market for lutein supplements, which include fatty acids, minerals, and vitamins, during the scheduled period.
Consuming a large number of lutein products or supplements can cause yellowing of the skin. Now, lutein is no longer legalized as a nutritious ingredient in infant formula, reducing industry profit margins and putting downward pressure on product prices. This is another major concern for the global lutein market.