The global lutein market was valued at USD 371 million in 2023 and is expected to grow to USD 488 million by 2028, with a CAGR of 5.6% over the forecast period. Lutein, a naturally occurring pigment found in various fruits and vegetables—especially leafy greens like spinach and kale—is also highly concentrated in marigold flowers. It is well-known for its positive impact on eye health, particularly in lowering the risk of age-related macular degeneration (AMD) and cataracts. The demand for lutein is rising, driven by factors such as an aging population, increased awareness of eye health, and the growing prevalence of eye-related disorders. Additionally, lutein is utilized as a natural colorant in the food and beverage industry and as an antioxidant in dietary supplements. The lutein market is fueled by both the pharmaceutical and nutraceutical industries, with applications ranging from eye health supplements and medications to functional foods and dietary supplements that support eye health.
Lutein Overview:
Naturally occurring pigment and antioxidant. Belongs to the carotenoid family. Found in plants, responsible for vibrant colors in fruits, vegetables, and flowers.
Eye Health: Concentrated in the macula of the human eye. Often associated with eye health along with its isomer, zeaxanthin.
Natural Sources:
- Dark green leafy vegetables: spinach, kale, broccoli.
- Fruits: oranges, kiwi, grapes.
- Richest source: marigold flowers (Tagetes erecta). Marigold extracts are used commercially as a natural source of lutein.
Health Benefits: Potent antioxidant: neutralizes harmful free radicals. Helps prevent cell damage, aging, inflammation, and chronic diseases.
Industry Applications:
Pharmaceuticals:
- Ingredient in dietary supplements and eye health formulations. Combined with other vitamins, minerals, and antioxidants for comprehensive eye health.
Food & Beverage:
- Incorporated into functional foods and beverages targeting eye health and overall well-being. Examples: lutein-fortified juices, nutritional bars, cereals, and dairy products.
Animal Feed:
- Used in poultry and aquaculture to enhance coloration of egg yolks, poultry skin, and fish flesh.
Cosmetics & Personal Care:
- Antioxidant properties make it a valuable ingredient in skincare products. Incorporated into creams, lotions, and serums for anti-aging and protection against environmental stressors. Promotes skin health and radiance.
What factors are contributing to the beverage sector experiencing the highest CAGR during the forecast period?
As consumers become more health-conscious, there is a growing demand for functional and fortified beverages. Lutein, with its eye health benefits, appeals to this consumer trend, driving the demand for lutein-fortified beverages. Nutraceuticals are beverages that bridge the gap between nutrition and pharmaceuticals, offering health benefits beyond basic nutrition. Lutein is used as a key ingredient in nutritional drinks due to its potential role in preventing age-related macular degeneration (AMD) and reducing the risk of cataracts. These beverages cater to health-conscious consumers seeking preventive measures against eye diseases. Consumers are increasingly seeking clean-label products with natural ingredients. Lutein, being a natural pigment, serves as a clean label option for manufacturers looking to meet consumer demands for transparency and healthier choices.
The Asia Pacific market dominates the lutein market share.
Asia Pacific, particularly countries like China and India, boasts a strong agricultural sector and favorable climatic conditions for cultivating lutein-rich sources like marigold flowers. This enables a steady supply of lutein, supporting Asia Pacific position as a major producer and ensuring a reliable source of the ingredient. Asia Pacific has experienced significant investments in the nutraceutical and dietary supplement industries. Companies in the region are actively focusing on research, development, product innovation, and marketing to meet the rising demand for lutein and related products. These investments in infrastructure and manufacturing capabilities further boost the Asia Pacific market position.
BASF SE (Germany), India Glycols Limited. (India), Kemin Industries, Inc. (US), E.I.D. Parry (India) Limited (India), and Divi’s Laboratories (India) are among the key players in the global lutein market. Companies are focusing on expanding their production facilities by entering into partnerships and agreements as well as by launching new products to grow their businesses and their market shares. New product launches as a result of extensive research & development (R&D) initiatives, geographical expansion to tap the potential of emerging economies, and strategic acquisitions to gain a foothold over the large extent of the supply chain are the key strategies adopted by companies in the lutein market.
Key Questions Addressed by the Lutein Market Report:
- Which region is projected to account for the largest share in the lutein market?
- What is the current size of the global lutein market?
- Which are the key players in the market?
- What are the factors driving the lutein market?
- What is the CAGR of Lutein Market?
