Lutein Esters Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028


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Transparency Market Research

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Market Outlook: Lutein Esters Market

Lutein esters are a form of lutein which have one or more than one chain of fatty acids. It is attached through the end hydroxyl groups of free Lutein. Lutein esters are found in fruits and vegetables, for instance, lutein esters are present in orange, mango, chili, pepper, papaya, and others. Lutein esters are one of the important ingredients for the human body as the body does not produce Lutein and its intake is from dietary sources. In the global market, the application of lutein esters is in dried foods, fermentative foods, nutritional beverages, functional food products and others.  Increasing incidence of health issues such as cardiovascular diseases, skin problems related to eyesight such as cataract and glaucoma is prompting medical practitioners, health care professionals, dieticians and others to create awareness regarding the benefits of lutein esters. Lutein esters play a significant role in eye health, owing to these the demand for lutein esters is increasing among manufacturers of functional food and beverages so as to meet the demand for consumers seeking products enriched with lutein esters. For instance, it is recommended that one should consume an average of 10 – 12 mg of lutein esters daily. Currently, the demand for lutein esters is increasing in the North America and European market, owing to high demand for functional food and beverages, dietary supplements, and products containing functional ingredients or those that offer any added health benefits.

Reasons for Covering Lutein Esters as a Title

In the global lutein esters market, the demand for lutein esters is increasing at a robust growth rate owing to rising health diseases or it can be stated that increasing consumer awareness towards health-related problems. In the global lutein esters market, the demand for lutein esters is increasing as it is one of the carotenoid enriched with a powerful group of antioxidants, protect against irregular growth of cells resultant degenerative diseases such as cancer, protects skin from harmful damage, and lutein esters also protect human eye as it filters the UV light. In addition, the lutein esters also improves the cell health as it protects against breast cancer, skin cancer, colon cancer, and others. As lutein esters belongs to the profile of carotenoid, lutein esters quenches free radicals in the human body. Owing to the increasing number of health-conscious population and rising consumer awareness towards health problem, the demand for lutein esters is increasing in the global market. For instance, companies are also offering capsules and tables of lutein esters owing to increasing demand for lutein esters as a preventive care. Lutein esters provides eye health support and protection, protection against cataracts, protection against macular degeneration, support for cardiovascular health, and many others.

Global Lutein Esters Market: Segmentation

On the basis of form, global lutein esters market has been segmented as –

  • Powder
  • Oil Soluble
  • Oil Tablets & Capsules

On the basis of end use, global lutein esters market has been segmented as –

  • Functional Food
  • Dietary Supplements
  • Pharmaceutical
  • Food Industry
    • Bakery & Confectionery
    • Snacks & Ready Meals
    • Dairy
    • Others
  • Beverages

Global Lutein Esters Market: Key Players

Some of the key players operating in the business of lutein esters market are: Katra Phytochem Pvt ltd., Synthite Industries Ltd., NOW Foods, BASF SE, Swanson Health, Ambe Phytoextracts Pvt. Ltd., Xi'an Day Natural Inc., India Glycols Limited, Pioneer Enterprise, Wincobel, Celex Laboratories Inc., and others.

Opportunities for Market Participants: Lutein Esters Market

In the global lutein esters market, manufacturers have a definitive opportunity to offer lutein esters to functional food and dietary supplement producers. Lutein esters has high demand among these manufacturers as it is easily blended with nutritional supplements, functional food and beverages, and others. In addition, the demand for lutein esters is also increasing among manufacturers of dried food, confectionery, bakery, yogurt drinks, and also lutein esters has application among nutritional drinks such as protein shakes, nutraceutical food, functional food and beverages and others.

Brief Approach to Research

Our analysis will follow a modelling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the applications, types, forms and end uses of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data is collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes.

Key Data Points Covered in the Report

Some of the key data points covered in our report include:

  • An overview of the lutein esters market, including background and evolution
  • Macroeconomic factors affecting the lutein esters market and its potential
  • Market dynamics, such as drivers, challenges and trends in lutein esters market
  • Detailed value chain analysis of the lutein esters market
  • Cost structure of the products and segments covered in the study of lutein esters market
  • In-depth pricing analysis, by key product segments, regions and by major market participants in lutein esters market
  • Analysis of supply and demand, such as top producing and consuming geographies, imports/exports and overall trade scenario
  • Analysis of the market structure, including a tier-wise categorization of key market participants in lutein esters market
  • Competitive landscape of the market, including detailed profiles of the top players in lutein esters market 

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory Market segments based on products, technology, and applications Prospects of each segment Overall current and possible future size of the market

  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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