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 Attribute | Details |
| No. of Pages | 197 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $397.3 Million |
| Forecasted Market Value (USD) by 2030 | $594.5 Million |
| Compound Annual Growth Rate | 5.2% |
| Regions Covered | Global |
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
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