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Lutein Market Trends

Report ID: GMI752
Published Date: Aug 2023
Report Format: PDF

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Lutein Market Trends

Consumers were seeking natural and clean label products, leading manufacturers to develop lutein-rich supplements and functional foods using naturally derived ingredients. The trend toward personalized nutrition led to the development of lutein supplements tailored to specific consumer needs and health goals. Manufacturers were introducing lutein in various product formats, including gummies, beverages, snacks, and powders, to cater to different consumer preferences. Companies were formulating lutein products targeting specific age groups, such as children, adults, and seniors, to address varying eye health needs.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size for lutein was exceeded USD 381.1 million in 2023 and is estimated to reach more than USD 630.3 million by 2032, as the product is known for its role in supporting eye health, particularly in protecting the retina from harmful blue light and oxidative stress.

Powdered lutein segment held around 40% of the market share in 2022 and is expected to grow at a lucrative pace through 2032. Powdered forms enable flexibility in dosage adjustment and incorporation into different products, catering to personalized nutrition.

U.S. lutein industry was worth over USD 84 million in 2022 and is anticipated to expand at a significant pace from 2023-2032, backed by the aging demographic that drives the demand for lutein due to its association with supporting eye health, particularly in older adults.

BASF SE, India Glycols Limited., Kemin Industries, Inc., E.I.D. Parry Limited , Divi’s Laboratories, Merck KGaA, Piveg, Inc., Omniactive Health Technologies, Synthite Industries Ltd., Zhejiang Medicine Co., Ltd., Döhler Lycored, Allied Biotech Corporation, Sabinsa, FENCHEM among others.