Lutein and Zeaxanthin Market 2023 Trends: Expected to Grow at a CAGR of 4.9% by 2031, Report
The lutein and zeaxanthin market size was valued at $397,606.1 thousand in 2021 and is projected to reach $627,779.55 thousand by 2031, growing at a CAGR of 4.9% from 2022 to 2031.
The global market for lutein and zeaxanthin, two important carotenoids, has witnessed significant growth in recent years. Lutein and zeaxanthin are naturally occurring pigments found in various fruits, vegetables, and plants. These compounds have gained considerable attention due to their potential health benefits, particularly for eye health. This blog aims to provide insights into the key players in the lutein and zeaxanthin market, analyze the market dynamics, and explore the future outlook for this industry.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲- https://www.alliedmarketresearch.com/request-sample/3647
The lutein and zeaxanthin market encompasses different product types, applications, and presents significant growth opportunities.
- Product Types: a. Lutein: Lutein is a yellow pigment that is naturally present in green leafy vegetables, such as spinach and kale. It is also available in supplement form, derived from marigold flowers or algae sources. b. Zeaxanthin: Zeaxanthin is another carotenoid pigment found in various foods, including corn, orange peppers, and egg yolks. Similar to lutein, it can be obtained through supplements extracted from marigold flowers or algae.
- Applications: a. Dietary Supplements: Lutein and zeaxanthin supplements are popular in the market due to their eye health benefits. They are consumed by individuals looking to enhance their macular pigment density and protect their eyes from oxidative stress. b. Functional Foods and Beverages: Lutein and zeaxanthin are incorporated into a range of food and beverage products, including juices, energy bars, and fortified snacks, to promote eye health and offer a nutritional advantage. c. Pharmaceuticals: The pharmaceutical industry utilizes lutein and zeaxanthin in the formulation of drugs aimed at preventing and treating eye disorders such as AMD and cataracts. d. Animal Feed: Lutein and zeaxanthin are also used as feed additives in the animal nutrition industry to improve the health and productivity of livestock, particularly poultry and aquaculture species.
𝐇𝐚𝐯𝐞 𝐚 𝐐𝐮𝐞𝐫𝐲? 𝐀𝐬𝐤 𝐎𝐮𝐫 𝐄𝐱𝐩𝐞𝐫𝐭 – https://www.alliedmarketresearch.com/purchase-enquiry/3647
- Growth Opportunities: a. Increasing Awareness of Eye Health: Growing awareness among consumers regarding the importance of eye health and preventive measures against eye diseases is driving the demand for lutein and zeaxanthin supplements and fortified products. b. Aging Population: The rising global aging population is a key driver for the lutein and zeaxanthin market.
As age-related eye diseases become more prevalent, there is a higher demand for eye health supplements and functional foods. c. Expansion in Emerging Markets: Developing countries are witnessing a surge in disposable income and improving healthcare infrastructure, leading to increased consumption of dietary supplements and functional foods, including lutein and zeaxanthin-based products. d. Technological Advancements: Ongoing research and development activities are focused on improving the bioavailability and stability of lutein and zeaxanthin in different product formulations, presenting opportunities for product innovation and market growth.
𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (174 𝐏𝐚𝐠𝐞𝐬 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬) @ https://www.alliedmarketresearch.com/lutein-and-zeaxanthin-market/purchase-options
𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘
On the basis of type, the lutein segment held the largest market share in 2021, whereas the zeaxanthin segment is expected to remain dominant during the forecast period.
On the basis of application, the supplements segment held largest market share in 2021, and is expected to grow at the fastest CAGR rate during the forecast period.
Region wise, Europe held the largest share of the lutein & zeaxanthin market in the year 2021, whereas the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period.
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