Global Market Size of Lutein Market – 10 Year Market Forecast

Food & Beverages

Lutein Market Size Forecast 2022-2029

 

The market size for the global lutein market is anticipated to reach a value of USD 0.43 billion in 2022 and USD 0.59 billion by 2029, at a calculated CAGR of 5%. The cumulative market size over the study period is estimated at USD 4 billion. The European region is the largest consumer of lutein and is expected to represent the majority of market shares. Lutein used in baking products acts as a natural antioxidant and increases the shelf life of baked goods. Lutein is also associated with eye health by promoting healthy vision and preventing eye diseases such as cataracts and AMD hence is used primarily in dietary supplements.

Frequently Asked Questions(FAQ)

• What is Global Market Database?

• Global market database is a cloud based market research tool that studies the shift in line with changing market trends for lutein market.
• Will the lutein market witness an increase or decline in sales over the coming years?

• The lutein market is expected to witness an increase in sales over the coming years.
• Which factors contribute to the growth of the lutein market?

• The factor contributing to the growth of the market is the increasing demand for lutein in dietary supplements.
• Which region is the largest consumer of lutein?

• Europe is the largest consumer of lutein.
• What are the two widely used applications of lutein?

• The two widely used applications of lutein are dietary supplements and beverages.

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