Quick Summary:
In an increasingly health-conscious world, the demand for nutritional supplements is growing swiftly. Anchored firmly within this trend is the expanding global Lutein market, projected to grow to $594.5 Million by 2030. For anyone interested in tapping into this lucrative market, purchasing this cutting-edge market research report is an important first step.
Navigating through the competitive landscape of this sector requires a comprehensive understanding of market dynamics, key players, and strategies. This report offers insights into regional variations, with focus on major economies such as the U.S. and China, and also shares detailed profiles of select competitors. More than raw data, this report provides you with nuanced, context-sensitive analysis that will inform your decision-making. Enjoy access to online interactive peer-to-peer collaborative bespoke updates, digital archives, and complimentary updates for one year to stay abreast of the ever-evolving landscape. Leverage this report to carve out a competitive edge in the flourishing Lutein market.
Global Lutein Market to Reach $594.5 Million by 2030
The global market for Lutein estimated at US$397.3 Million in the year 2022, is projected to reach a revised size of US$594.5 Million by 2030, growing at a CAGR of 5.2% over the analysis period 2022-2030. Natural, one of the segments analyzed in the report, is projected to record 5.5% CAGR and reach US$419.4 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Synthetic segment is readjusted to a revised 4.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $106.4 Million, While China is Forecast to Grow at 7.9% CAGR
The Lutein market in the U.S. is estimated at US$106.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$132.4 Million by the year 2030 trailing a CAGR of 7.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 4.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.Select Competitors (Total 47 Featured) -
- Allied Biotech Corporation
- BASF SE
- Chr. Hansen Holding A/S
- DDW The Colour House
- Dohler GmbH
- E.I.D. Parry India Ltd.
- Fenchem China
- Kemin Industries, Inc.
- Lycored Ltd.
- OmniActive Health Technologies
- Piveg, Inc.
- Synthite
- Zhejiang Medicine Co., Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Lutein?
What is the growth rate of the Global Market for Lutein?
What is the forecasted size of the Global Market for Lutein?
Who are the key companies in the Global Market for Lutein?
| Report Attribute | Details |
|---|---|
| No. of Pages | 197 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 397.3 Million |
| Forecasted Market Value ( USD | $ 594.5 Million |
| Compound Annual Growth Rate | 5.2% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Allied Biotech Corporation
- BASF SE
- Chr. Hansen Holding A/S
- DDW The Colour House
- Dohler GmbH
- E.I.D. Parry India Ltd.
- Fenchem China
- Kemin Industries, Inc.
- Lycored Ltd.
- OmniActive Health Technologies
- Piveg, Inc.
- Synthite
- Zhejiang Medicine Co., Ltd.
