Increasing Usage As Natural Colorant In Food & Beverage Applications Boost Lutein Market Demand Over 2028

Market Outlook :- 

The latest research report published by Fact.MR on the Lutein Market is intended to offer reliable data on various key factors shaping the growth curve of the Lutein market. This report works as a rich source of information for key entities such as policy makers, end-use industries, investors, and opinion leaders.

Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Fact.MR to arrive at various estimations and projections for Demand of Lutein Market, both at global and regional levels.

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The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Market.

Key stakeholders in Lutein Market including industry players, policymakers, and investors in various countries have been continuously realigning their strategies and approaches to implement them in order to tap into new opportunities.

Many in recent months have overhauled their strategies to remain agile in the backdrop of worldwide disruptions caused by the COVID-19 pandemic.

Global Lutein market: Dynamics

A rise in the demand for lutein as a health supplement, its increasing usage as a natural colorant in food & beverage applications, as well as its usage as an additive for animal feed are among factors anticipated to fuel the demand for this ingredient in numerous consumer markets.

Mounting customer awareness about the benefits of lutein intake, coupled with an increase in the number of health-conscious people, has led to an increase in the spending on superior lutein products, which is consequently driving the market.

Growing eye-related diseases such as cataracts, glaucoma, diabetic retinopathy and other age-related macular degeneration, which is likely to lead to vision loss, are among factors that are likely to bolster the growth of the market over the forecast period.

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Report regional analysis includes:

  • North America
  • Europe
  • MEA
  • East Asia (Japan, China, South Korea)
  • South Asia (India, Thailand, Malaysia, Indonesia, Philippines, Rest)
  • Oceania (Australia, New Zealand)
  • Latin America
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

Global Lutein market: Key players

  • BASF SE
  • DSM Nutritional Products AG
  • Rexall Sundown, Inc.
  • Hansen Holding A/S
  • Jarrow Formulas, Inc.
  • Nature’s Bounty, Inc.
  • Kemin Industries, Inc.
  • JF-Pharmaland Technology Development Co., Ltd.
  • Allied Biotech Corporation
  • Solaray, Inc.

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Regional Segments Analyzed Include

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa)

Competitive landscape

  • Strategies of key players and Products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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