Los Angeles, CA -- (SBWIRE) -- 03/22/2019 -- This study focuses on the production side and consumption side of Lutein, presents the global Lutein market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Lutein capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Lutein by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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 Lutein market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Lutein.
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This report includes the following manufacturers; we can also add the other companies as you want.
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
Market Segment by Product Type
Free Lutein
Lutein Esters
Market Segment by Application
Pharmaceuticals
Dietary Supplement
Food Additives
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