The global Lutein and Lutein Esters Market will register a 6.2% cagr in terms of revenue, the global market size will reach us$ 25110 million by 2027.
The report "Global Lutein and Lutein Esters Market" includes market statistics. The research provides an overview of the market, including key drivers and risk factors. The research is divided into sections by leading global manufacturers, with sales, revenue, and pricing for Lutein and Lutein Esters as appropriate. It also assesses the competitive landscape of the major companies. The research is expanded to include regional market statistics as well as type and application information. From 2022 through 2027, the research anticipates sales and revenue. The report also goes over the sales route in detail.
An ester is a naturally occurring and synthetically generated chemical molecule that is created from an acid. In comparison to pure lutein, a lutein ester contains two additional fatty acid molecules. Lutein and zeaxanthin are potent antioxidants that protect the body from free radicals, which are unstable chemicals. Free radicals, in excess, can harm cells, accelerate ageing, and cause diseases such as heart disease, cancer, type 2 diabetes, and Alzheimer's disease. Lutein is an antioxidant that helps to protect your eyes from computer and phone use. It also improves skin hydration and suppleness, as well as providing protection from damaging UV radiation and certain eye illnesses.
The research explains the numerous potential prospects as well as the segmentation of the global Lutein and Lutein Esters market by types, applications, end-users, and geography. In terms of drivers, restraints, opportunities, trends, and the competitive landscape, the study provides a solid platform for users who want to enter the worldwide market.
Top key players in the Lutein and Lutein Esters market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Lutein and Lutein Esters market is fragmented with a large number of small players operating worldwide. The companies referred to in the market research report include Kemin, BASF SE (BIT: BASF), Omniactive, DDW, FMC BioPolymer, (NASDAQ: LIVE), IOSA, Allied Biotech Corporation, Chr Hansen, LycoRed, Vitae Naturals, Divis Nutraceuticals, Katra Phyto, Chenguang Biotech Group, Fenchem, Tian Yin Biotechnology, Lvchuan and other.
Industry News;
BASF and Isobionics launch Isobionics Santalol, an alternative to sandalwood oil. Nutrition’s solutions include vitamin and carotenoids, plant sterols, lutein .
July 15, 2020 - BASF Nutrition & Health and Isobionics® are launching their first joint product, Isobionics® Santalol. Thanks to its woody odor profile, the new fragrance in BASF's portfolio is a convincing alternative to sandalwood oil. The proprietary manufacturing process of Isobionics Santalol makes the product unique. It is produced on a biotechnological basis from renewable raw materials: The starting material for the fermentation process is corn starch obtained from corn grown in Europe. Fermentation is an ancient cultural technique known from processes such as brewing beer and baking bread. In this process, a substance is converted into another substance with the help of microorganisms such as bacteria or fungi.
Market is segmented based on the type, applications, companies and regions.
By type, Lutein and Lutein Esters Market has been segmented into
The end user’s industry application on Lutein and Lutein Esters Market is,
In the Asia Pacific area, India is expected to be the fastest-growing market. Some of the causes driving the growth of lutein and lutein esters in India are changing lifestyles and preferences, increased awareness of the benefits of lutein, the rise of the health-conscious population, rising disposable incomes, and the rise of the middle-class population. India has a diverse agricultural climate, relatively inexpensive labour, and the world's second-largest population, according to FAOSTAT.
North america
The Lutein and Lutein Esters market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The global Lutein and Lutein Esters market report also conducted a pestel analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report attributes | Report details |
Report title | Lutein and Lutein Esters Market - global growth, trends and forecast (2022 - 2027) by types, by application, by regions and by key players: BASF SE (BIT: BASF), Live Ventures Inc (NASDAQ: LIVE), Tian Yin Biotechnology, Lvchuan |
Forecast period 2022 to 2028 cagr | Cagr of 6.2% over the forecast period (2022-2027) |
By type |
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By application |
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By companies | Kemin, BASF SE (BIT: BASF), Omniactive, DDW, FMC BioPolymer, Live Ventures Inc (NASDAQ: LIVE), IOSA, Allied Biotech Corporation, Chr Hansen, LycoRed, Vitae Naturals, Divis Nutraceuticals, Katra Phyto, Chenguang Biotech Group, Fenchem, Tian Yin Biotechnology, Lvchuan |
Regions covered |
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Countries covered |
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Base year | 2022 |
Historical year | 2017 to 2021 |
Forecast year | 2022 to 2027 |
Number of pages | 121 |
Customization available | Yes, the report can be customized as per your needs |
Frequently asked questions
What is the study period of this Market?
The Lutein and Lutein Esters market is studied from 2017 - 2027.
What is the growth rate of Lutein and Lutein Esters Market?
The Lutein and Lutein Esters market is growing at a cagr of 6.2% over the next 5 years.
Who are the key players in Lutein and Lutein Esters Market?
Kemin, BASF SE (BIT: BASF), Omniactive, DDW, FMC BioPolymer, Live Ventures Inc (NASDAQ: LIVE), IOSA, Allied Biotech Corporation, Chr Hansen, LycoRed, Vitae Naturals, Divis Nutraceuticals, Katra Phyto, Chenguang Biotech Group, Fenchem, Tian Yin Biotechnology, Lvchuan
What regions does this Lutein and Lutein Esters Market report covers?
North america (the united states, canada, and mexico)
europe (germany, france, uk, russia, and italy)
asia-pacific (china, japan, korea, india, and southeast asia)
south america (brazil, argentina, colombia, etc.)
The middle east and africa (saudi arabia, uae, egypt, nigeria, and south africa)
What are the significant types of Lutein and Lutein Esters Market?
Powder, Oil
What are the major end-use applications of the Lutein and Lutein Esters Market?
Pharmaceuticals, Dietary Supplement, Food Additives
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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