Global Lutein Strategic Business Report 2023: Sector is Expected to Reach $594.5 Million by 2030


Dublin, Nov. 10, 2023 (GLOBE NEWSWIRE) -- The "Lutein - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Lutein estimated at US$397.3 Million in the year 2022, is projected to reach a revised size of US$594.5 Million by 2030, growing at a CAGR of 5.2% over the analysis period 2022-2030.

Natural, one of the segments analyzed in the report, is projected to record 5.5% CAGR and reach US$419.4 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Synthetic segment is readjusted to a revised 4.4% CAGR for the next 8-year period.



The U.S. Market is Estimated at $106.4 Million, While China is Forecast to Grow at 7.9% CAGR

The Lutein market in the U.S. is estimated at US$106.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$132.4 Million by the year 2030 trailing a CAGR of 7.9% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 4.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.

Select Competitors (Total 47 Featured) -

  • Allied Biotech Corporation
  • BASF SE
  • Chr. Hansen Holding A/S
  • DDW The Colour House
  • Dohler GmbH
  • E.I.D. Parry India Ltd.
  • Fenchem China
  • Kemin Industries, Inc.
  • Lycored Ltd.
  • OmniActive Health Technologies
  • Piveg, Inc.
  • Synthite
  • Zhejiang Medicine Co., Ltd.

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages197
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$397.3 Million
Forecasted Market Value (USD) by 2030$594.5 Million
Compound Annual Growth Rate5.2%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Lutein - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/c4mrgn

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

 
Global Market for Lutein

Contact Data