The Latin America, Middle East and Africa Lutein Market would witness market growth of 9.1% CAGR during the forecast period (2023-2030).In the year 2026, the LAMEA market's volume is expected to surge to 340.4 tonnes, showcasing a growth of 10.4% (2023-2030).
Lutein has been incorporated into several sectors due to the vast range of potential health advantages. The pharmaceutical industry uses lutein as a component in nutritional supplements. It is frequently added to supplements for eye health, together with other minerals, vitamins, and antioxidants. Lutein is a functional ingredient added by food & beverage companies to foods and drinks that promote eye health as well as general well-being. It is used in animal feed production, particularly for poultry and aquaculture.
Producers can improve the colouring of poultry skin, fish flesh, and egg yolks to make them more aesthetically pleasing to consumers by incorporating lutein into animal feed formulations. Lutein has also been used in the cosmetics and personal care industries. Due to its antioxidant qualities, it is a desirable ingredient for skincare products that aim for anti-aging and stress protection from the environment. It is added to creams, serums, lotions, and other cosmetic products to support skin health and luminosity.
The most important benefit of lutein for the skin is its potent antioxidant qualities, crucial for shielding it from dangerous free radicals everywhere in the environment. Additionally, research has shown that topical lutein advantages may unintentionally aid in increasing moisture retention and give anti-aging effects by effectively minimizing the degree of oxidative stress buildup in the skin.
In the Middle East & Africa, Saudi Arabia is a major market for cosmetics and personal care items. Customers in the nation frequently spend a lot of money on cosmetics and fragrances, which supports the industry's expansion. Brazil's sales are expected to rise due to factors like expanding digital penetration, greater consumer spending on beauty products, and other marketing initiatives by regional and local companies. The rising sale of cosmetics in the region is estimated to support the growth of the LAMEA region's market due to its antioxidant skincare benefits.
The Brazil market dominated the LAMEA Lutein Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $11.2 Million by 2030. The Argentina market is estimated to grow at a CAGR of 9.6% during (2023 - 2030). Additionally, The UAE market would exhibit a CAGR of 8.8% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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)
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Lutein Market, 2019 - 2022, USD Thousands
TABLE 2 LAMEA Lutein Market, 2023 - 2030, USD Thousands
TABLE 3 LAMEA Lutein Market, 2019 - 2022, Tonnes
TABLE 4 LAMEA Lutein Market, 2023 - 2030, Tonnes
TABLE 5 LAMEA Lutein Market by Form, 2019 - 2022, USD Thousands
TABLE 6 LAMEA Lutein Market by Form, 2023 - 2030, USD Thousands
TABLE 7 LAMEA Powder & Crystalline Market by Country, 2019 - 2022, USD Thousands
TABLE 8 LAMEA Powder & Crystalline Market by Country, 2023 - 2030, USD Thousands
TABLE 9 LAMEA Beadlet Market by Country, 2019 - 2022, USD Thousands
TABLE 10 LAMEA Beadlet Market by Country, 2023 - 2030, USD Thousands
TABLE 11 LAMEA Emulsion Market by Country, 2019 - 2022, USD Thousands
TABLE 12 LAMEA Emulsion Market by Country, 2023 - 2030, USD Thousands
TABLE 13 LAMEA Oil Suspension Market by Country, 2019 - 2022, USD Thousands
TABLE 14 LAMEA Oil Suspension Market by Country, 2023 - 2030, USD Thousands
TABLE 15 LAMEA Lutein Market by Source, 2019 - 2022, USD Thousands
TABLE 16 LAMEA Lutein Market by Source, 2023 - 2030, USD Thousands
TABLE 17 LAMEA Lutein Market by Source, 2019 - 2022, Tonnes
TABLE 18 LAMEA Lutein Market by Source, 2023 - 2030, Tonnes
TABLE 19 LAMEA Synthetic Market by Country, 2019 - 2022, USD Thousands
TABLE 20 LAMEA Synthetic Market by Country, 2023 - 2030, USD Thousands
TABLE 21 LAMEA Synthetic Market by Country, 2019 - 2022, Tonnes
TABLE 22 LAMEA Synthetic Market by Country, 2023 - 2030, Tonnes
TABLE 23 LAMEA Natural Market by Country, 2019 - 2022, USD Thousands
TABLE 24 LAMEA Natural Market by Country, 2023 - 2030, USD Thousands
TABLE 25 LAMEA Natural Market by Country, 2019 - 2022, Tonnes
TABLE 26 LAMEA Natural Market by Country, 2023 - 2030, Tonnes
TABLE 27 LAMEA Lutein Market by Application, 2019 - 2022, USD Thousands
TABLE 28 LAMEA Lutein Market by Application, 2023 - 2030, USD Thousands
TABLE 29 LAMEA Lutein Market by Application, 2019 - 2022, Tonnes
TABLE 30 LAMEA Lutein Market by Application, 2023 - 2030, Tonnes
TABLE 31 LAMEA Dietary Supplements Market by Country, 2019 - 2022, USD Thousands
TABLE 32 LAMEA Dietary Supplements Market by Country, 2023 - 2030, USD Thousands
TABLE 33 LAMEA Dietary Supplements Market by Country, 2019 - 2022, Tonnes
TABLE 34 LAMEA Dietary Supplements Market by Country, 2023 - 2030, Tonnes
TABLE 35 LAMEA Beverages Market by Country, 2019 - 2022, USD Thousands
TABLE 36 LAMEA Beverages Market by Country, 2023 - 2030, USD Thousands
TABLE 37 LAMEA Beverages Market by Country, 2019 - 2022, Tonnes
TABLE 38 LAMEA Beverages Market by Country, 2023 - 2030, Tonnes
TABLE 39 LAMEA Food Market by Country, 2019 - 2022, USD Thousands
TABLE 40 LAMEA Food Market by Country, 2023 - 2030, USD Thousands
TABLE 41 LAMEA Food Market by Country, 2019 - 2022, Tonnes
TABLE 42 LAMEA Food Market by Country, 2023 - 2030, Tonnes
TABLE 43 LAMEA Animal Feed Market by Country, 2019 - 2022, USD Thousands
TABLE 44 LAMEA Animal Feed Market by Country, 2023 - 2030, USD Thousands
TABLE 45 LAMEA Animal Feed Market by Country, 2019 - 2022, Tonnes
TABLE 46 LAMEA Animal Feed Market by Country, 2023 - 2030, Tonnes
TABLE 47 LAMEA Others Market by Country, 2019 - 2022, USD Thousands
TABLE 48 LAMEA Others Market by Country, 2023 - 2030, USD Thousands
TABLE 49 LAMEA Others Market by Country, 2019 - 2022, Tonnes
TABLE 50 LAMEA Others Market by Country, 2023 - 2030, Tonnes
TABLE 51 LAMEA Lutein Market by Country, 2019 - 2022, USD Thousands
TABLE 52 LAMEA Lutein Market by Country, 2023 - 2030, USD Thousands
TABLE 53 LAMEA Lutein Market by Country, 2019 - 2022, Tonnes
TABLE 54 LAMEA Lutein Market by Country, 2023 - 2030, Tonnes
TABLE 55 Brazil Lutein Market, 2019 - 2022, USD Thousands
TABLE 56 Brazil Lutein Market, 2023 - 2030, USD Thousands
TABLE 57 Brazil Lutein Market, 2019 - 2022, Tonnes
TABLE 58 Brazil Lutein Market, 2023 - 2030, Tonnes
TABLE 59 Brazil Lutein Market by Form, 2019 - 2022, USD Thousands
TABLE 60 Brazil Lutein Market by Form, 2023 - 2030, USD Thousands
TABLE 61 Brazil Lutein Market by Source, 2019 - 2022, USD Thousands
TABLE 62 Brazil Lutein Market by Source, 2023 - 2030, USD Thousands
TABLE 63 Brazil Lutein Market by Source, 2019 - 2022, Tonnes
TABLE 64 Brazil Lutein Market by Source, 2023 - 2030, Tonnes
TABLE 65 Brazil Lutein Market by Application, 2019 - 2022, USD Thousands
TABLE 66 Brazil Lutein Market by Application, 2023 - 2030, USD Thousands
TABLE 67 Brazil Lutein Market by Application, 2019 - 2022, Tonnes
TABLE 68 Brazil Lutein Market by Application, 2023 - 2030, Tonnes
TABLE 69 Argentina Lutein Market, 2019 - 2022, USD Thousands
TABLE 70 Argentina Lutein Market, 2023 - 2030, USD Thousands
TABLE 71 Argentina Lutein Market, 2019 - 2022, Tonnes
TABLE 72 Argentina Lutein Market, 2023 - 2030, Tonnes
TABLE 73 Argentina Lutein Market by Form, 2019 - 2022, USD Thousands
TABLE 74 Argentina Lutein Market by Form, 2023 - 2030, USD Thousands
TABLE 75 Argentina Lutein Market by Source, 2019 - 2022, USD Thousands
TABLE 76 Argentina Lutein Market by Source, 2023 - 2030, USD Thousands
TABLE 77 Argentina Lutein Market by Source, 2019 - 2022, Tonnes
TABLE 78 Argentina Lutein Market by Source, 2023 - 2030, Tonnes
TABLE 79 Argentina Lutein Market by Application, 2019 - 2022, USD Thousands
TABLE 80 Argentina Lutein Market by Application, 2023 - 2030, USD Thousands
TABLE 81 Argentina Lutein Market by Application, 2019 - 2022, Tonnes
TABLE 82 Argentina Lutein Market by Application, 2023 - 2030, Tonnes
TABLE 83 UAE Lutein Market, 2019 - 2022, USD Thousands
TABLE 84 UAE Lutein Market, 2023 - 2030, USD Thousands
TABLE 85 UAE Lutein Market, 2019 - 2022, Tonnes
TABLE 86 UAE Lutein Market, 2023 - 2030, Tonnes
TABLE 87 UAE Lutein Market by Form, 2019 - 2022, USD Thousands
TABLE 88 UAE Lutein Market by Form, 2023 - 2030, USD Thousands
TABLE 89 UAE Lutein Market by Source, 2019 - 2022, USD Thousands
TABLE 90 UAE Lutein Market by Source, 2023 - 2030, USD Thousands
TABLE 91 UAE Lutein Market by Source, 2019 - 2022, Tonnes
TABLE 92 UAE Lutein Market by Source, 2023 - 2030, Tonnes
TABLE 93 UAE Lutein Market by Application, 2019 - 2022, USD Thousands
TABLE 94 UAE Lutein Market by Application, 2023 - 2030, USD Thousands
TABLE 95 UAE Lutein Market by Application, 2019 - 2022, Tonnes
TABLE 96 UAE Lutein Market by Application, 2023 - 2030, Tonnes
TABLE 97 Saudi Arabia Lutein Market, 2019 - 2022, USD Thousands
TABLE 98 Saudi Arabia Lutein Market, 2023 - 2030, USD Thousands
TABLE 99 Saudi Arabia Lutein Market, 2019 - 2022, Tonnes
TABLE 100 Saudi Arabia Lutein Market, 2023 - 2030, Tonnes
TABLE 101 Saudi Arabia Lutein Market by Form, 2019 - 2022, USD Thousands
TABLE 102 Saudi Arabia Lutein Market by Form, 2023 - 2030, USD Thousands
TABLE 103 Saudi Arabia Lutein Market by Source, 2019 - 2022, USD Thousands
TABLE 104 Saudi Arabia Lutein Market by Source, 2023 - 2030, USD Thousands
TABLE 105 Saudi Arabia Lutein Market by Source, 2019 - 2022, Tonnes
TABLE 106 Saudi Arabia Lutein Market by Source, 2023 - 2030, Tonnes
TABLE 107 Saudi Arabia Lutein Market by Application, 2019 - 2022, USD Thousands
TABLE 108 Saudi Arabia Lutein Market by Application, 2023 - 2030, USD Thousands
TABLE 109 Saudi Arabia Lutein Market by Application, 2019 - 2022, Tonnes
TABLE 110 Saudi Arabia Lutein Market by Application, 2023 - 2030, Tonnes
TABLE 111 South Africa Lutein Market, 2019 - 2022, USD Thousands
TABLE 112 South Africa Lutein Market, 2023 - 2030, USD Thousands
TABLE 113 South Africa Lutein Market, 2019 - 2022, Tonnes
TABLE 114 South Africa Lutein Market, 2023 - 2030, Tonnes
TABLE 115 South Africa Lutein Market by Form, 2019 - 2022, USD Thousands
TABLE 116 South Africa Lutein Market by Form, 2023 - 2030, USD Thousands
TABLE 117 South Africa Lutein Market by Source, 2019 - 2022, USD Thousands
TABLE 118 South Africa Lutein Market by Source, 2023 - 2030, USD Thousands
TABLE 119 South Africa Lutein Market by Source, 2019 - 2022, Tonnes
TABLE 120 South Africa Lutein Market by Source, 2023 - 2030, Tonnes
TABLE 121 South Africa Lutein Market by Application, 2019 - 2022, USD Thousands
TABLE 122 South Africa Lutein Market by Application, 2023 - 2030, USD Thousands
TABLE 123 South Africa Lutein Market by Application, 2019 - 2022, Tonnes
TABLE 124 South Africa Lutein Market by Application, 2023 - 2030, Tonnes
TABLE 125 Nigeria Lutein Market, 2019 - 2022, USD Thousands
TABLE 126 Nigeria Lutein Market, 2023 - 2030, USD Thousands
TABLE 127 Nigeria Lutein Market, 2019 - 2022, Tonnes
TABLE 128 Nigeria Lutein Market, 2023 - 2030, Tonnes
TABLE 129 Nigeria Lutein Market by Form, 2019 - 2022, USD Thousands
TABLE 130 Nigeria Lutein Market by Form, 2023 - 2030, USD Thousands
TABLE 131 Nigeria Lutein Market by Source, 2019 - 2022, USD Thousands
TABLE 132 Nigeria Lutein Market by Source, 2023 - 2030, USD Thousands
TABLE 133 Nigeria Lutein Market by Source, 2019 - 2022, Tonnes
TABLE 134 Nigeria Lutein Market by Source, 2023 - 2030, Tonnes
TABLE 135 Nigeria Lutein Market by Application, 2019 - 2022, USD Thousands
TABLE 136 Nigeria Lutein Market by Application, 2023 - 2030, USD Thousands
TABLE 137 Nigeria Lutein Market by Application, 2019 - 2022, Tonnes
TABLE 138 Nigeria Lutein Market by Application, 2023 - 2030, Tonnes
TABLE 139 Rest of LAMEA Lutein Market, 2019 - 2022, USD Thousands
TABLE 140 Rest of LAMEA Lutein Market, 2023 - 2030, USD Thousands
TABLE 141 Rest of LAMEA Lutein Market, 2019 - 2022, Tonnes
TABLE 142 Rest of LAMEA Lutein Market, 2023 - 2030, Tonnes
TABLE 143 Rest of LAMEA Lutein Market by Form, 2019 - 2022, USD Thousands
TABLE 144 Rest of LAMEA Lutein Market by Form, 2023 - 2030, USD Thousands
TABLE 145 Rest of LAMEA Lutein Market by Source, 2019 - 2022, USD Thousands
TABLE 146 Rest of LAMEA Lutein Market by Source, 2023 - 2030, USD Thousands
TABLE 147 Rest of LAMEA Lutein Market by Source, 2019 - 2022, Tonnes
TABLE 148 Rest of LAMEA Lutein Market by Source, 2023 - 2030, Tonnes
TABLE 149 Rest of LAMEA Lutein Market by Application, 2019 - 2022, USD Thousands
TABLE 150 Rest of LAMEA Lutein Market by Application, 2023 - 2030, USD Thousands
TABLE 151 Rest of LAMEA Lutein Market by Application, 2019 - 2022, Tonnes
TABLE 152 Rest of LAMEA 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 LAMEA 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 LAMEA Lutein Market share by Form, 2022
FIG 6 LAMEA Lutein Market share by Form, 2030
FIG 7 LAMEA Lutein Market by Form, 2019 - 2030, USD Thousands
FIG 8 LAMEA Lutein Market share by Source, 2022
FIG 9 LAMEA Lutein Market share by Source, 2030
FIG 10 LAMEA Lutein Market by Source, 2019 - 2030, USD Thousands
FIG 11 LAMEA Lutein Market share by Application, 2022
FIG 12 LAMEA Lutein Market share by Application, 2030
FIG 13 LAMEA Lutein Market by Application, 2019 - 2030, USD Thousands
FIG 14 LAMEA Lutein Market share by Country, 2022
FIG 15 LAMEA Lutein Market share by Country, 2030
FIG 16 LAMEA 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