Los Angeles, CA -- (SBWIRE) -- 06/24/2019 -- Lutein, a member of the carotenoid group, is a yellow pigment that exists in higher plants and other photoautotrophic organisms like algae. Lutein is used as a feed additive to brighten the colors of poultry feathers and deepen the yellow of egg yolk. Lutein is also used to add flavor and color to foods. Additionally, lutein, an effective functional nutrient, can benefit human health by, say, ameliorating cardiovascular diseases and age-related macular degeneration (AMD).
Kemin is the dominate producer of Lutein, the sales volume was 12755 KG in 2016, accounting for about 16.25% of the total amount, followed by BASF, with the sales market share of 10.36%. Leading players in USA Lutein industry are Kemin, BASF and Omniactive. The top three companies occupied about 34.73% share of the USA market in 2016.
Dietary supplement accounted for the largest market with about 44.48% share of the USA market in 2016. Moreover, it is anticipated to grow at a CAGR of 4.51% from 2017 to 2022. In additional, Lutein also can be widely used in pharmaceuticals and food additives.
The global Lutein market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.
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This report studies the Lutein market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Lutein in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Kemin
BASF
Omniactive
DDW
FMC BioPolymer
PIVEG
IOSA
Allied Biotech Corporation
Chr Hansen
LycoRed
Vitae Naturals
Divis Nutraceuticals
Katra Phyto
Chenguang Biotech Group
Fenchem
Tian Yin Biotechnology
Lvchuan
By the product type, the market is primarily split into
Free Lutein
Lutein Esters
By the end users/application, this report covers the following segments
Pharmaceuticals
Dietary Supplement
Food Additives
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