The lutein market was valued at USD 249.7 Million in 2016 and is projected to reach USD 357.7 Million by 2022, growing at a CAGR of 6.3% from 2017, in terms of value. In terms of volume, the market is projected to reach 2,121.2 tons by 2022. The objectives of this study are to define, segment, and project the size of the lutein market based on form, application, source, and key regions.
- To provide detailed information about the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
- To analyze the competitive environment of the lutein market
- To provide the analysis of the research & development spending and funding activities in the lutein market
- To project the size of the market, in terms of value (USD million) in the key regions, namely, North America, Europe, Asia Pacific, South America, and the Rest of the World (RoW)
- To strategically profile the key players and comprehensively analyze their core competencies
- To analyze the competitive developments expansions, acquisitions, joint ventures/partnerships/collaboration, and new product launches—in the lutein market
The lutein market is estimated to reach USD 263.8 Million by 2017 and is projected to reach USD 357.7 Million by 2022, at a CAGR of 6.3% from 2017. In terms of volume, the market is projected to reach 2,121.2 tons by 2022. 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.
Food&farming 