The global lutein market was valued at USD 371 million in 2023 and is projected to grow to USD 488 million by 2028, reflecting a compound annual growth rate (CAGR) of 5.6% during the forecast period. Lutein, a naturally occurring pigment found in a variety of fruits and vegetables, is especially abundant in leafy greens such as spinach and kale. It is also present in high concentrations in marigold flowers. Known primarily for its positive impact on eye health, lutein is effective in reducing the risk of age-related macular degeneration (AMD) and cataracts. Demand for lutein is rising due to factors like the aging population, growing awareness about eye health, and the increasing prevalence of eye-related disorders. Additionally, lutein is used as a natural colorant in the food and beverage industry and is included in dietary supplements for its antioxidant properties. The lutein market is driven by both the pharmaceutical and nutraceutical sectors. In pharmaceuticals, lutein is used in eye health supplements and medications, while in nutraceuticals, it is featured in dietary supplements and functional foods promoting eye health.
Lutein Market Drivers: Expansion of Applications
Lutein, a potent antioxidant, belongs to the carotenoid family of pigments, which are responsible for the bright colors in fruits, vegetables, and flowers. It, along with its isomer zeaxanthin, is concentrated in the macula of the human eye, linking it to eye health. Lutein is found in foods such as dark green leafy vegetables (e.g., spinach, kale, broccoli), as well as fruits like oranges, kiwi, and grapes, but the richest source is marigold flowers (Tagetes erecta). Marigold extracts are commonly used in commercial lutein production.
Lutein’s antioxidant properties, which help neutralize harmful free radicals in the body, have made it a subject of significant research. Free radicals are unstable molecules that can damage cells and contribute to aging, inflammation, and chronic diseases. Lutein is thus increasingly used across multiple industries due to its wide-ranging health benefits.
In the pharmaceutical industry, lutein is an essential ingredient in dietary supplements and eye health formulations. It is often combined with other nutrients like vitamins, minerals, and antioxidants to create comprehensive eye health supplements. In the food and beverage industry, lutein is added to functional foods and drinks aimed at improving eye health, as well as promoting overall wellness. Examples include lutein-enriched juices, nutritional bars, cereals, and dairy products. Lutein is also used in the animal feed industry, particularly for poultry and aquaculture, to enhance the coloration of egg yolks, poultry skin, and fish flesh. Furthermore, lutein’s antioxidant properties make it a popular ingredient in the cosmetics industry, where it is incorporated into skincare products targeting anti-aging and environmental protection.
Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=69753879
Beverages Lead Market Growth
The demand for functional and fortified beverages is on the rise as consumers become more health-conscious. Lutein, with its benefits for eye health, fits into this trend, boosting the demand for lutein-fortified beverages. Nutraceutical drinks, which offer health benefits beyond basic nutrition, often feature lutein to help prevent age-related macular degeneration (AMD) and reduce cataract risk. These drinks cater to consumers seeking preventative measures against eye diseases. Additionally, lutein’s natural origin appeals to the clean-label product trend, as consumers increasingly favor products with transparent, natural ingredients.
Powder & Crystalline Lutein Dominates the Market
The powder and crystalline forms of lutein are expected to lead the market. These forms are easy to formulate and mix with other ingredients, making them popular for dietary supplements, functional foods, and beverages. The versatility and simplicity of processing powdered lutein reduce manufacturing complexities and costs, which contributes to its growing demand.
Asia Pacific Leads in Lutein Market Share
The Asia Pacific region is projected to hold the largest share of the lutein market. Countries like China and India benefit from strong agricultural sectors and favorable climates for cultivating lutein-rich marigold flowers, ensuring a consistent supply of lutein. The region has also seen significant investments in the nutraceutical and dietary supplement industries, with companies focusing on research, development, and marketing to meet the growing demand for lutein-based products.
Leading Lutein Manufacturers:
- BASF SE (Germany)
- India Glycols Limited. (India)
- Kemin Industries, Inc. (US)
- E.I.D. Parry (India) Limited (India)
- Divi’s Laboratories (India)
- Merck KGaA (Germany)
- Piveg, Inc. (US)
- Omniactive Health Technologies (India)
- Synthite Industries Ltd. (India)
- Zhejiang Medicine Co., Ltd. (China)