The Europe Lutein Market would witness market growth of 5.4% CAGR during the forecast period (2023-2030).In the year 2020, the Europe market's volume surged to 1,060.3 tonnes, showcasing a growth of 2.7% (2019-2022).
Lutein provides several health advantages, including preventing eye conditions like retinitis pigmentosa, cataracts, and age-related macular degeneration (AMD). The market is expanding as a result of these health advantages. Lutein helps to protect and maintain healthy eye cells by filtering damaging high-energy blue light waves. Therefore, lutein serves as a light filter for the eyes to shield them from harm from intense sunshine. More lutein and zeaxanthin in the diet is associated with a lower incidence of AMD.
Manufacturers created functional foods & supplements rich in lutein utilizing naturally derived components as a result of consumer demand for natural and clean-label products. Lutein supplements were created as a result of the trend toward individualized nutrition and were made to meet the demands and health objectives of a particular consumer. Producers began producing lutein in various product formats, such as candies, drinks, snacks, and powders, to meet varied consumer preferences. Companies developed lutein products to cater to different age groups' various eye health demands, including adults, children, and seniors.
Research from the U.K. government titled "Future of an aging population" predicts that by 2040, one in seven individuals in the U.K. will be over 75. It is anticipated that 1.42 million additional families, or a spike of 161% over 25 years, will be headed by someone 85 years or older by 2037. Due to the increasing risk of illnesses like glaucoma, AMD, and others due to this demographic trend, there is a rise in interest in preventative methods for maintaining eye health, boosting the market for lutein supplements. Thus, the rising aging population in European countries is predicted to offer growth prospects to the market participants in the market as they age.
The Germany market dominated the Europe Lutein Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $33.8 Million by 2030. The UK market is anticipated to grow at a CAGR of 4.5% during (2023 - 2030). Additionally, The France market would witness a CAGR of 6.2% during (2023 - 2030).
Based on Form, the market is segmented into Powder & Crystalline, Beadlet, Emulsion, and Oil Suspension. Based on Source, the market is segmented into Synthetic, and Natural. Based on Application, the market is segmented into Dietary Supplements, Beverages, Food, Animal Feed, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Lutein Market is Projected to reach USD 531.6 Million by 2030, at a CAGR of 6.2%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include BASF SE, Kemin Industries, Inc., E.I.D. Parry Limited (Murugappa Group), Merck KGaA, Piveg, Inc., Synthite Industries Pvt. Ltd., Dohler GmbH, Sabinsa Corporation (Sami-Sabinsa Group Ltd.), Fenchem Biotek Ltd., and India Glycols Limited
Scope of the Study
Market Segments Covered in the Report:
By Form
- Powder & Crystalline
- Beadlet
- Emulsion
- Oil Suspension
By Source (Volume, Tonnes, USD Thousand, 2019-2030)
By Application (Volume, Tonnes, USD Thousand, 2019-2030)
- Dietary Supplements
- Beverages
- Food
- Animal Feed
- Others
By Country (Volume, Tonnes, USD Thousand, 2019-2030)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- BASF SE
- Kemin Industries, Inc.
- E.I.D. Parry Limited (Murugappa Group)
- Merck KGaA
- Piveg, Inc.
- Synthite Industries Pvt. Ltd.
- Dohler GmbH
- Sabinsa Corporation (Sami-Sabinsa Group Ltd.)
- Fenchem Biotek Ltd.
- India Glycols Limited
TABLE 1 Europe Lutein Market, 2019 - 2022, USD Thousands
TABLE 2 Europe Lutein Market, 2023 - 2030, USD Thousands
TABLE 3 Europe Lutein Market, 2019 - 2022, Tonnes
TABLE 4 Europe Lutein Market, 2023 - 2030, Tonnes
TABLE 5 Europe Lutein Market by Form, 2019 - 2022, USD Thousands
TABLE 6 Europe Lutein Market by Form, 2023 - 2030, USD Thousands
TABLE 7 Europe Powder & Crystalline Market by Country, 2019 - 2022, USD Thousands
TABLE 8 Europe Powder & Crystalline Market by Country, 2023 - 2030, USD Thousands
TABLE 9 Europe Beadlet Market by Country, 2019 - 2022, USD Thousands
TABLE 10 Europe Beadlet Market by Country, 2023 - 2030, USD Thousands
TABLE 11 Europe Emulsion Market by Country, 2019 - 2022, USD Thousands
TABLE 12 Europe Emulsion Market by Country, 2023 - 2030, USD Thousands
TABLE 13 Europe Oil Suspension Market by Country, 2019 - 2022, USD Thousands
TABLE 14 Europe Oil Suspension Market by Country, 2023 - 2030, USD Thousands
TABLE 15 Europe Lutein Market by Source, 2019 - 2022, USD Thousands
TABLE 16 Europe Lutein Market by Source, 2023 - 2030, USD Thousands
TABLE 17 Europe Lutein Market by Source, 2019 - 2022, Tonnes
TABLE 18 Europe Lutein Market by Source, 2023 - 2030, Tonnes
TABLE 19 Europe Synthetic Market by Country, 2019 - 2022, USD Thousands
TABLE 20 Europe Synthetic Market by Country, 2023 - 2030, USD Thousands
TABLE 21 Europe Synthetic Market by Country, 2019 - 2022, Tonnes
TABLE 22 Europe Synthetic Market by Country, 2023 - 2030, Tonnes
TABLE 23 Europe Natural Market by Country, 2019 - 2022, USD Thousands
TABLE 24 Europe Natural Market by Country, 2023 - 2030, USD Thousands
TABLE 25 Europe Natural Market by Country, 2019 - 2022, Tonnes
TABLE 26 Europe Natural Market by Country, 2023 - 2030, Tonnes
TABLE 27 Europe Lutein Market by Application, 2019 - 2022, USD Thousands
TABLE 28 Europe Lutein Market by Application, 2023 - 2030, USD Thousands
TABLE 29 Europe Lutein Market by Application, 2019 - 2022, Tonnes
TABLE 30 Europe Lutein Market by Application, 2023 - 2030, Tonnes
TABLE 31 Europe Dietary Supplements Market by Country, 2019 - 2022, USD Thousands
TABLE 32 Europe Dietary Supplements Market by Country, 2023 - 2030, USD Thousands
TABLE 33 Europe Dietary Supplements Market by Country, 2019 - 2022, Tonnes
TABLE 34 Europe Dietary Supplements Market by Country, 2023 - 2030, Tonnes
TABLE 35 Europe Beverages Market by Country, 2019 - 2022, USD Thousands
TABLE 36 Europe Beverages Market by Country, 2023 - 2030, USD Thousands
TABLE 37 Europe Beverages Market by Country, 2019 - 2022, Tonnes
TABLE 38 Europe Beverages Market by Country, 2023 - 2030, Tonnes
TABLE 39 Europe Food Market by Country, 2019 - 2022, USD Thousands
TABLE 40 Europe Food Market by Country, 2023 - 2030, USD Thousands
TABLE 41 Europe Food Market by Country, 2019 - 2022, Tonnes
TABLE 42 Europe Food Market by Country, 2023 - 2030, Tonnes
TABLE 43 Europe Animal Feed Market by Country, 2019 - 2022, USD Thousands
TABLE 44 Europe Animal Feed Market by Country, 2023 - 2030, USD Thousands
TABLE 45 Europe Animal Feed Market by Country, 2019 - 2022, Tonnes
TABLE 46 Europe Animal Feed Market by Country, 2023 - 2030, Tonnes
TABLE 47 Europe Others Market by Country, 2019 - 2022, USD Thousands
TABLE 48 Europe Others Market by Country, 2023 - 2030, USD Thousands
TABLE 49 Europe Others Market by Country, 2019 - 2022, Tonnes
TABLE 50 Europe Others Market by Country, 2023 - 2030, Tonnes
TABLE 51 Europe Lutein Market by Country, 2019 - 2022, USD Thousands
TABLE 52 Europe Lutein Market by Country, 2023 - 2030, USD Thousands
TABLE 53 Europe Lutein Market by Country, 2019 - 2022, Tonnes
TABLE 54 Europe Lutein Market by Country, 2023 - 2030, Tonnes
TABLE 55 Germany Lutein Market, 2019 - 2022, USD Thousands
TABLE 56 Germany Lutein Market, 2023 - 2030, USD Thousands
TABLE 57 Germany Lutein Market, 2019 - 2022, Tonnes
TABLE 58 Germany Lutein Market, 2023 - 2030, Tonnes
TABLE 59 Germany Lutein Market by Form, 2019 - 2022, USD Thousands
TABLE 60 Germany Lutein Market by Form, 2023 - 2030, USD Thousands
TABLE 61 Germany Lutein Market by Source, 2019 - 2022, USD Thousands
TABLE 62 Germany Lutein Market by Source, 2023 - 2030, USD Thousands
TABLE 63 Germany Lutein Market by Source, 2019 - 2022, Tonnes
TABLE 64 Germany Lutein Market by Source, 2023 - 2030, Tonnes
TABLE 65 Germany Lutein Market by Application, 2019 - 2022, USD Thousands
TABLE 66 Germany Lutein Market by Application, 2023 - 2030, USD Thousands
TABLE 67 Germany Lutein Market by Application, 2019 - 2022, Tonnes
TABLE 68 Germany Lutein Market by Application, 2023 - 2030, Tonnes
TABLE 69 UK Lutein Market, 2019 - 2022, USD Thousands
TABLE 70 UK Lutein Market, 2023 - 2030, USD Thousands
TABLE 71 UK Lutein Market, 2019 - 2022, Tonnes
TABLE 72 UK Lutein Market, 2023 - 2030, Tonnes
TABLE 73 UK Lutein Market by Form, 2019 - 2022, USD Thousands
TABLE 74 UK Lutein Market by Form, 2023 - 2030, USD Thousands
TABLE 75 UK Lutein Market by Source, 2019 - 2022, USD Thousands
TABLE 76 UK Lutein Market by Source, 2023 - 2030, USD Thousands
TABLE 77 UK Lutein Market by Source, 2019 - 2022, Tonnes
TABLE 78 UK Lutein Market by Source, 2023 - 2030, Tonnes
TABLE 79 UK Lutein Market by Application, 2019 - 2022, USD Thousands
TABLE 80 UK Lutein Market by Application, 2023 - 2030, USD Thousands
TABLE 81 UK Lutein Market by Application, 2019 - 2022, Tonnes
TABLE 82 UK Lutein Market by Application, 2023 - 2030, Tonnes
TABLE 83 France Lutein Market, 2019 - 2022, USD Thousands
TABLE 84 France Lutein Market, 2023 - 2030, USD Thousands
TABLE 85 France Lutein Market, 2019 - 2022, Tonnes
TABLE 86 France Lutein Market, 2023 - 2030, Tonnes
TABLE 87 France Lutein Market by Form, 2019 - 2022, USD Thousands
TABLE 88 France Lutein Market by Form, 2023 - 2030, USD Thousands
TABLE 89 France Lutein Market by Source, 2019 - 2022, USD Thousands
TABLE 90 France Lutein Market by Source, 2023 - 2030, USD Thousands
TABLE 91 France Lutein Market by Source, 2019 - 2022, Tonnes
TABLE 92 France Lutein Market by Source, 2023 - 2030, Tonnes
TABLE 93 France Lutein Market by Application, 2019 - 2022, USD Thousands
TABLE 94 France Lutein Market by Application, 2023 - 2030, USD Thousands
TABLE 95 France Lutein Market by Application, 2019 - 2022, Tonnes
TABLE 96 France Lutein Market by Application, 2023 - 2030, Tonnes
TABLE 97 Russia Lutein Market, 2019 - 2022, USD Thousands
TABLE 98 Russia Lutein Market, 2023 - 2030, USD Thousands
TABLE 99 Russia Lutein Market, 2019 - 2022, Tonnes
TABLE 100 Russia Lutein Market, 2023 - 2030, Tonnes
TABLE 101 Russia Lutein Market by Form, 2019 - 2022, USD Thousands
TABLE 102 Russia Lutein Market by Form, 2023 - 2030, USD Thousands
TABLE 103 Russia Lutein Market by Source, 2019 - 2022, USD Thousands
TABLE 104 Russia Lutein Market by Source, 2023 - 2030, USD Thousands
TABLE 105 Russia Lutein Market by Source, 2019 - 2022, Tonnes
TABLE 106 Russia Lutein Market by Source, 2023 - 2030, Tonnes
TABLE 107 Russia Lutein Market by Application, 2019 - 2022, USD Thousands
TABLE 108 Russia Lutein Market by Application, 2023 - 2030, USD Thousands
TABLE 109 Russia Lutein Market by Application, 2019 - 2022, Tonnes
TABLE 110 Russia Lutein Market by Application, 2023 - 2030, Tonnes
TABLE 111 Spain Lutein Market, 2019 - 2022, USD Thousands
TABLE 112 Spain Lutein Market, 2023 - 2030, USD Thousands
TABLE 113 Spain Lutein Market, 2019 - 2022, Tonnes
TABLE 114 Spain Lutein Market, 2023 - 2030, Tonnes
TABLE 115 Spain Lutein Market by Form, 2019 - 2022, USD Thousands
TABLE 116 Spain Lutein Market by Form, 2023 - 2030, USD Thousands
TABLE 117 Spain Lutein Market by Source, 2019 - 2022, USD Thousands
TABLE 118 Spain Lutein Market by Source, 2023 - 2030, USD Thousands
TABLE 119 Spain Lutein Market by Source, 2019 - 2022, Tonnes
TABLE 120 Spain Lutein Market by Source, 2023 - 2030, Tonnes
TABLE 121 Spain Lutein Market by Application, 2019 - 2022, USD Thousands
TABLE 122 Spain Lutein Market by Application, 2023 - 2030, USD Thousands
TABLE 123 Spain Lutein Market by Application, 2019 - 2022, Tonnes
TABLE 124 Spain Lutein Market by Application, 2023 - 2030, Tonnes
TABLE 125 Italy Lutein Market, 2019 - 2022, USD Thousands
TABLE 126 Italy Lutein Market, 2023 - 2030, USD Thousands
TABLE 127 Italy Lutein Market, 2019 - 2022, Tonnes
TABLE 128 Italy Lutein Market, 2023 - 2030, Tonnes
TABLE 129 Italy Lutein Market by Form, 2019 - 2022, USD Thousands
TABLE 130 Italy Lutein Market by Form, 2023 - 2030, USD Thousands
TABLE 131 Italy Lutein Market by Source, 2019 - 2022, USD Thousands
TABLE 132 Italy Lutein Market by Source, 2023 - 2030, USD Thousands
TABLE 133 Italy Lutein Market by Source, 2019 - 2022, Tonnes
TABLE 134 Italy Lutein Market by Source, 2023 - 2030, Tonnes
TABLE 135 Italy Lutein Market by Application, 2019 - 2022, USD Thousands
TABLE 136 Italy Lutein Market by Application, 2023 - 2030, USD Thousands
TABLE 137 Italy Lutein Market by Application, 2019 - 2022, Tonnes
TABLE 138 Italy Lutein Market by Application, 2023 - 2030, Tonnes
TABLE 139 Rest of Europe Lutein Market, 2019 - 2022, USD Thousands
TABLE 140 Rest of Europe Lutein Market, 2023 - 2030, USD Thousands
TABLE 141 Rest of Europe Lutein Market, 2019 - 2022, Tonnes
TABLE 142 Rest of Europe Lutein Market, 2023 - 2030, Tonnes
TABLE 143 Rest of Europe Lutein Market by Form, 2019 - 2022, USD Thousands
TABLE 144 Rest of Europe Lutein Market by Form, 2023 - 2030, USD Thousands
TABLE 145 Rest of Europe Lutein Market by Source, 2019 - 2022, USD Thousands
TABLE 146 Rest of Europe Lutein Market by Source, 2023 - 2030, USD Thousands
TABLE 147 Rest of Europe Lutein Market by Source, 2019 - 2022, Tonnes
TABLE 148 Rest of Europe Lutein Market by Source, 2023 - 2030, Tonnes
TABLE 149 Rest of Europe Lutein Market by Application, 2019 - 2022, USD Thousands
TABLE 150 Rest of Europe Lutein Market by Application, 2023 - 2030, USD Thousands
TABLE 151 Rest of Europe Lutein Market by Application, 2019 - 2022, Tonnes
TABLE 152 Rest of Europe Lutein Market by Application, 2023 - 2030, Tonnes
TABLE 153 Key Information – BASF SE
TABLE 154 Key Information – Kemin Industries, Inc.
TABLE 155 Key Information – E.I.D. Parry Limited
TABLE 156 key Information – Merck KGaA
TABLE 157 Key Information – Piveg, Inc.
TABLE 158 Key Information – Synthite Industries Pvt. Ltd
TABLE 159 Key Information – Dohler GmbH
TABLE 160 Key Information – Sabinsa Corporation
TABLE 161 Key Information – Fenchem Biotek Ltd.
TABLE 162 Key Information – India Glycols Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Lutein Market, 2019 - 2030, USD Thousands
FIG 3 Key Factors Impacting the Lutein Market
FIG 4 Porter’s Five Forces Analysis - Lutein Market
FIG 5 Europe Lutein Market share by Form, 2022
FIG 6 Europe Lutein Market share by Form, 2030
FIG 7 Europe Lutein Market by Form, 2019 - 2030, USD Thousands
FIG 8 Europe Lutein Market share by Source, 2022
FIG 9 Europe Lutein Market share by Source, 2030
FIG 10 Europe Lutein Market by Source, 2019 - 2030, USD Thousands
FIG 11 Europe Lutein Market share by Application, 2022
FIG 12 Europe Lutein Market share by Application, 2030
FIG 13 Europe Lutein Market by Application, 2019 - 2030, USD Thousands
FIG 14 Europe Lutein Market share by Country, 2022
FIG 15 Europe Lutein Market share by Country, 2030
FIG 16 Europe Lutein Market by Country, 2019 - 2030, USD Thousands
FIG 17 Recent strategies and developments: BASF SE
FIG 18 Swot Analysis: BASF SE
FIG 19 Swot Analysis: Kemin Industries, Inc.
FIG 20 Swot Analysis: E.I.D. Parry Limited
FIG 21 Swot Analysis: Merck KGaA
FIG 22 Swot Analysis: Piveg, Inc.
FIG 23 Swot Analysis: Synthite Industries Pvt. Ltd.
FIG 24 SWOT Analysis: Dohler GmbH
FIG 25 Swot Analysis: Sabinsa Corporation
FIG 26 Swot Analysis: Fenchem Biotek Ltd.
FIG 27 Swot Analysis: India Glycols Limited