Lutein, a member of the carotenoid group, is a yellow pigment that exists in higher plants and other photoautotrophic organisms like algae. It 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.
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 addition, Lutein also can be widely used in pharmaceuticals and food additives.
The report forecasts the global Lutein market to grow to reach $$ Million USD in 2019 with a CAGR of –% during the period 2020-2025.
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The report provides detailed profile and data information analysis on the Lutein market.
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Kemin is the dominant 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 the USA Lutein industry are Kemin, BASF and Omniactive. The top three companies occupied about a 34.73% share of the USA market in 2016.
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