Bharat Book Bureau Provides the Trending Market Research Report on Global and Regional Lutein Market Opportunity Analysis And Industry Forecast 2018-2023 under Food & Beverages category. The report provides information on industry overview, market size, latest developments, industry trends, Key players, Global presence, and their future prospects.
Lutein Market size will grow from USD 243.1 Million in 2017 to USD 362.8Million by 2023, at an estimated CAGR of 6.9%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
The lutein market has been largely driven by the growing demand for lutein in the dietary supplements market. Lutein is mainly used for preventing eye diseases such as AMD and cataract. Companies are currently focusing on the application of lutein in food and beverages, as well as personal care products. The dietary supplements segment is estimated to dominate the lutein market through the forecast period. Dietary supplements is an important segment of the lutein market as lutein is mainly associated with eye health and is increasingly used as an ingredient in eye health supplements. Many reports and researchers are highlighting eye health benefits with the consumption of lutein, such as reduction of risk or slower progression of eye diseases such as age-related macular diseases (AMD) and cataract.
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By Market Players:
– BASF
– Chr. Hansen Holding
– I.D. Parry
– Kemin
– Zhejiang Medicine
– Omniactive Health Technologies
– Piveg
– DDW the Colour House
– Döhler
– Allied Biotech
– Synthite Industries
– Lycored
– Fenchem
By Form
– Powder & Crystalline
– Oil Suspension
– Beadlet
– Emulsion
By Source
– Natural
– Synthetic
By Application
– Food , Beverages
– Dietary Supplements
– Animal Feed
– Other Applications
By Production Process
– Chemical Synthesis
– Extraction From Botanical Material
– Fermentation
– Algae Route
The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
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