Lutein Market

Global Lutein Market Size (2024 to 2029)

The size of the global lutein market is expected to be worth USD 381.26 million in 2024 and grow at a CAGR of 6.20% from 2024 to 2029 to achieve USD 515.04 million by 2029.

Lutein is an organic pigment naturally found in vegetables like spinach, kale, etc. Lutein is called xanthophyll and is a carotenoid that is related to beta-carotene and vitamin A. Leutine is very useful for human eyes, as it is absorbed from the blood into a special part of the eye called the macula lutea, which helps us see clearly. Eating lutein-rich food may help to lower the chances of getting eye problems like cataracts and also protect eye tissues from getting damaged by sunlight. Hence it is also known as "the eye vitamin." Other than eyes, lutein is also good for the brain and skin, as it keeps the brain working and the skin healthy. Lutein-rich foods include egg yolks, spinach, kale, kiwi fruit, corn, mangoes, grapes, etc.

RECENT HAPPENINGS IN THE MARKET 

• In November 2021, to address eye strain from prolonged screen time, Ashland introduced soy-free GPM lutein along with new additives for eye health. Further, it introduced the N-dur xr caffeine and melatonin for drinks that are powdered.
• In June 2021, Integrative Actives, a technology that permits the administration of many actives in concentrated tiny dosages, was introduced by OmniActive Health Technologies. It was used to generate the first product, Nutritears. It contained lutein and zeaxanthin isomers, curcuminoids, and vitamin D3, all of which have been supported by clinical research.
• In May 2021, PharmaLinea released a line of consumer-friendly vitamins for eye health that are preventative. The decision was made since concerns about eye health had grown as a result of increasing screen usage put on by the pandemic. Vision Orosticks and Vision Liquid Sticks were the two new products added to PharmaLinea's line of private-label eye health supplements. The origin of lutein and zeaxanthin, two highly sought-after carotenoids, served as crucial for the complete series.

REPORT COVERAGE

MARKET DRIVERS

One of the major drivers of the Lutein Market demand is increasing consumer awareness of preventive health, mainly eye health. Since the pandemic, people have become more health conscious and constantly trying to maintain good health by taking preventive healthcare. Lutein helps maintain the good condition of the eyes, brain, skin, etc. It prevents eye disorders by protecting eye tissue from damage by sunlight, reducing cell death, and also protecting eyes from harmful blue rays. These are some attributes that are significantly contributing to the market size expansion.

Also, the growing aging population is driving the lutein market growth. As the population becomes aged, eye-related problems become more frequent, and for a cure, people rely more on lutein-based supplements. Lutein has special properties to prevent age-related macular disease (AMD) and cataracts, which commonly occur in the aged population, that ultimately prevent blindness and vision impairment. It also helps in decreasing the risk of cancer and improving overall health in the aged population. Hence the demand for this market is increasing as there is a growing aging population.

The increasing number of cases of eye diseases globally is a further driver of the market. As more people's usage of screens is increasing as a result of digitalization after the pandemic, there is a surge in eye-related problems. Some allergies and direct contact with sunlight also cause eye problems. As a result, there is more demand for lutein-based products or supplements, leading to ruling the market shares.

MARKET RESTRAINTS

The major restraint of the market is the harmful effects of consuming high doses of lutein. It is important to stick to the dosage guidelines, and one should consult a healthcare professional before taking any high dosage of it. Because the high consumption of lutein can cause gastrointestinal disorders, increased oxidative stress, and allergic reactions in some cases. This attribute is significantly restraining the growth of the market.

Also, the limited awareness and knowledge about lutein-based products and their benefits are restraining the lutein market size expansion. Mainly the advantages related to eye health are still not known by most of the population due to a lack of education about the role of lutein in our health. As a result, people do not consume lutein-rich food products in their diet, which is limiting the market demand.

Lutein is mainly extracted from natural plants, so price fluctuations in raw materials like green vegetables and fruits can be another restraint to the market as the availability of raw materials depends on the weather conditions like rain, temperature, etc., and the yield of crops. It affects the cost of lutein-based food products, sometimes making them more expensive and sometimes making them affordable. This fluctuation in the price majorly impacts the shares of the market.

MARKET OPPORTUNITIES

The increasing demand for natural supplements is a significant opportunity for the market. As people are becoming more health conscious, they prefer organic products to maintain good health. With this rising preference for organic food products, the demand for lutein in food & beverages and dietary supplement industries is increasing, as lutein is a natural pigment with antioxidant properties. The benefits of organic supplements like lutein in eye health and overall health are promoting the demand for the market.

Also, the emerging nutraceutical industry is offering a great opportunity to the market. This industry mainly focuses on products with both nutritional and pharmaceutical properties, and lutein is the beneficial ingredient of those products. The benefits of lutein in eye health and skin health are positioning it as a suitable ingredient for nutraceutical productions. This is driving the lutein market demand.

The increasing investments in research and development are providing significant growth opportunities for the market. As more research is going on to uncover the health benefits of lutein in areas like brain health, cardiovascular health, etc. is opening up new opportunities, which will help in the market size expansion.

SEGMENTAL ANALYSIS

Global Lutein Market By Source

• Natural
• Synthetic

The natural segment is ruling with the highest market shares. As lutein is majorly extracted from green vegetables like spinach and kale and fruits like kiwi, carrot, etc., their demand as supplements is increasing. More people preferring natural and plant-based food products is significantly driving the market shares. However, the synthetic segment is expected to grow at the fastest rate in the coming years. Synthetic lutein is being used in foods, beverages, and supplements with the help of increased research and development; it is contributing to market size expansion.

Global Lutein Market By Application

• Food Coloring
• Beverages
• Dairy Products
• Egg Products
• Medicine
• Poultry Feed

The beverages segment is estimated to dominate the lutein market value. As it can be mixed or can be added as an ingredient in juices, energy drinks, etc., this can help consumers to improve their health. These beverages commonly target eye health as it carries natural antioxidant properties. This attribute influences the market demand wherever the dairy products segment is expected to grow at the fastest rate during the projected period as lutein is majorly used in dairy products such as milk, cheese, butter, and yogurt, which helps in enhancing the overall nutritional value in the body leading to maintaining good health. This is helping in boosting the lutein market growth.

Global Lutein Market By End-use Industry

• Food and Beverages
• Pharmaceuticals
• Nutraceuticals
• Cosmetics
• Animal Feed
• Dietary Supplements

The dietary supplement segment is ruling the market shares. Lutein plays a crucial role in dietary supplements like capsules, tablets, and powders, as it is used as a key ingredient in them. By consuming these lutein-based supplements, consumers are getting daily nutritional requirements. This is influencing the shares of the market. However, the food & beverages segment is deemed to grow significantly in the coming years due to its wide use in beverages such as juices, energy drinks, etc., and foods such as snacks, baby food, etc. This promotes the demand for lutein in the food & beverages industry.

Global Lutein Market By Region Analysis 

The Asia- Pacific region is leading the lutein market shares, owing to the large population and increasing awareness of health benefits in this region. In the countries like China and India, there is great demand for natural food or supplements, causing an increase in the demand for the lutein market. However, the North American region is expected to grow at a healthy CAGR during the forecast period. As people in this region are seeking more natural and functional products, the demand for lutein-based food products is increasing. Also, the aging population and increasing number of eye diseases contribute to an increase in the demand for the market in this region.

KEY PLAYERS IN THE MARKET

Major Key Players in the Global Lutein Market are

• BASF SE
• Chr. Hansen Holding A/S
• Kemin Industries, Inc.
• Allied Biotech Corporation
• Koninklijke DSM N.V.
• OmniActive Health Technologies
• PharmaLinea
• Kemin Industries, Inc.
• Divi's Laboratories