Lutein and Lutein Esters Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
An ester is a chemical compound derived from an acid and is naturally occurring and can also be produced synthetically. A lutein ester has two extra fatty acid molecules, as opposed to pure lutein. Lutein and zeaxanthin are powerful antioxidants that defend the body against unstable molecules called free radicals. In excess, free radicals can damage cells, contribute to aging, and lead to diseases like heart disease, cancer, type 2 diabetes, and Alzheimer's disease. Lutein is an antioxidant that protects eyes from excessive computer and phone use. It also increases skin hydration and elasticity and protects against harmful UV rays and certain eye diseases.
MARKET DYNAMICS
The lutein and lutein esters market has witnessed a significant growth owing to factors such as growth of chemical industry. Moreover, research and development activity provides a huge market opportunity for the key players operating in the lutein and lutein esters market. However, disruptions caused by the coronavirus pandemic has brought lot of uncertainties in the market.
MARKET SCOPE
The "Global Lutein and Lutein Esters Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the lutein and lutein esters market with detailed market segmentation type, application, and geography. The global lutein and lutein esters market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading lutein and lutein esters market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global lutein and lutein esters market is segmented on the basis of type and application. On the basis of type, the global lutein and lutein esters market is divided into powder and oil. On the basis of application, the global lutein and lutein esters market is divided into pharmaceuticals, dietary supplement and food additives.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global lutein and lutein esters market based on various segments. It also provides marketsize and forecast estimates from the year 2021to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The lutein and lutein esters market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the lutein and lutein esters market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the lutein and lutein esters market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global lutein and lutein esters market based on various segments. It also provides marketsize and forecast estimates from the year 2021to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The lutein and lutein esters market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the lutein and lutein esters market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the lutein and lutein esters market in these regions.
MARKET PLAYERS
The reports cover key developments in the lutein and lutein esters market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of marketplayers. The marketpayers from lutein and lutein esters market is anticipated to lucrative growth opportunities in the future with the rising demand for lutein and lutein esters in the global market. Below mentioned is the list of few companies engaged in the lutein and lutein esters market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the lutein and lutein esters market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Allied Biotech Corporation
- BASF
- Chenguang Biotech Group
- Divis Nutraceuticals
- FMC BioPolymer
- Katra Phyto
- Kemin
- Omniactive
- Tian Yin Biotechnology
- Vitae Naturals
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Lutein And Lutein Esters Market - By Type
1.3.2Lutein And Lutein Esters Market - By Application
1.3.3Lutein And Lutein Esters Market - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.LUTEIN AND LUTEIN ESTERS MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.EXPERT OPINIONS
5.LUTEIN AND LUTEIN ESTERS MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.LUTEIN AND LUTEIN ESTERS MARKET - GLOBAL MARKET ANALYSIS
6.1.LUTEIN AND LUTEIN ESTERS - GLOBAL MARKET OVERVIEW
6.2.LUTEIN AND LUTEIN ESTERS - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.LUTEIN AND LUTEIN ESTERS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1.OVERVIEW
7.2.TYPE MARKET FORECASTS AND ANALYSIS
7.3.POWDER
7.3.1.Overview
7.3.2.Powder Market Forecast and Analysis
7.4.OIL
7.4.1.Overview
7.4.2.Oil Market Forecast and Analysis
8.LUTEIN AND LUTEIN ESTERS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1.OVERVIEW
8.2.APPLICATION MARKET FORECASTS AND ANALYSIS
8.3.PHARMACEUTICALS
8.3.1.Overview
8.3.2.Pharmaceuticals Market Forecast and Analysis
8.4.DIETARY SUPPLEMENT
8.4.1.Overview
8.4.2.Dietary Supplement Market Forecast and Analysis
8.5.FOOD ADDITIVES
8.5.1.Overview
8.5.2.Food Additives Market Forecast and Analysis
9.LUTEIN AND LUTEIN ESTERS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Lutein And Lutein Esters Market Overview
9.1.2North America Lutein And Lutein Esters Market Forecasts and Analysis
9.1.3North America Lutein And Lutein Esters Market Forecasts and Analysis - By Type
9.1.4North America Lutein And Lutein Esters Market Forecasts and Analysis - By Application
9.1.5North America Lutein And Lutein Esters Market Forecasts and Analysis - By Countries
9.1.5.1United States Lutein And Lutein Esters Market
9.1.5.1.1United States Lutein And Lutein Esters Market by Type
9.1.5.1.2United States Lutein And Lutein Esters Market by Application
9.1.5.2Canada Lutein And Lutein Esters Market
9.1.5.2.1Canada Lutein And Lutein Esters Market by Type
9.1.5.2.2Canada Lutein And Lutein Esters Market by Application
9.1.5.3Mexico Lutein And Lutein Esters Market
9.1.5.3.1Mexico Lutein And Lutein Esters Market by Type
9.1.5.3.2Mexico Lutein And Lutein Esters Market by Application
9.2.EUROPE
9.2.1Europe Lutein And Lutein Esters Market Overview
9.2.2Europe Lutein And Lutein Esters Market Forecasts and Analysis
9.2.3Europe Lutein And Lutein Esters Market Forecasts and Analysis - By Type
9.2.4Europe Lutein And Lutein Esters Market Forecasts and Analysis - By Application
9.2.5Europe Lutein And Lutein Esters Market Forecasts and Analysis - By Countries
9.2.5.1Germany Lutein And Lutein Esters Market
9.2.5.1.1Germany Lutein And Lutein Esters Market by Type
9.2.5.1.2Germany Lutein And Lutein Esters Market by Application
9.2.5.2France Lutein And Lutein Esters Market
9.2.5.2.1France Lutein And Lutein Esters Market by Type
9.2.5.2.2France Lutein And Lutein Esters Market by Application
9.2.5.3Italy Lutein And Lutein Esters Market
9.2.5.3.1Italy Lutein And Lutein Esters Market by Type
9.2.5.3.2Italy Lutein And Lutein Esters Market by Application
9.2.5.4United Kingdom Lutein And Lutein Esters Market
9.2.5.4.1United Kingdom Lutein And Lutein Esters Market by Type
9.2.5.4.2United Kingdom Lutein And Lutein Esters Market by Application
9.2.5.5Russia Lutein And Lutein Esters Market
9.2.5.5.1Russia Lutein And Lutein Esters Market by Type
9.2.5.5.2Russia Lutein And Lutein Esters Market by Application
9.2.5.6Rest of Europe Lutein And Lutein Esters Market
9.2.5.6.1Rest of Europe Lutein And Lutein Esters Market by Type
9.2.5.6.2Rest of Europe Lutein And Lutein Esters Market by Application
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Lutein And Lutein Esters Market Overview
9.3.2Asia-Pacific Lutein And Lutein Esters Market Forecasts and Analysis
9.3.3Asia-Pacific Lutein And Lutein Esters Market Forecasts and Analysis - By Type
9.3.4Asia-Pacific Lutein And Lutein Esters Market Forecasts and Analysis - By Application
9.3.5Asia-Pacific Lutein And Lutein Esters Market Forecasts and Analysis - By Countries
9.3.5.1Australia Lutein And Lutein Esters Market
9.3.5.1.1Australia Lutein And Lutein Esters Market by Type
9.3.5.1.2Australia Lutein And Lutein Esters Market by Application
9.3.5.2China Lutein And Lutein Esters Market
9.3.5.2.1China Lutein And Lutein Esters Market by Type
9.3.5.2.2China Lutein And Lutein Esters Market by Application
9.3.5.3India Lutein And Lutein Esters Market
9.3.5.3.1India Lutein And Lutein Esters Market by Type
9.3.5.3.2India Lutein And Lutein Esters Market by Application
9.3.5.4Japan Lutein And Lutein Esters Market
9.3.5.4.1Japan Lutein And Lutein Esters Market by Type
9.3.5.4.2Japan Lutein And Lutein Esters Market by Application
9.3.5.5South Korea Lutein And Lutein Esters Market
9.3.5.5.1South Korea Lutein And Lutein Esters Market by Type
9.3.5.5.2South Korea Lutein And Lutein Esters Market by Application
9.3.5.6Rest of Asia-Pacific Lutein And Lutein Esters Market
9.3.5.6.1Rest of Asia-Pacific Lutein And Lutein Esters Market by Type
9.3.5.6.2Rest of Asia-Pacific Lutein And Lutein Esters Market by Application
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Lutein And Lutein Esters Market Overview
9.4.2Middle East and Africa Lutein And Lutein Esters Market Forecasts and Analysis
9.4.3Middle East and Africa Lutein And Lutein Esters Market Forecasts and Analysis - By Type
9.4.4Middle East and Africa Lutein And Lutein Esters Market Forecasts and Analysis - By Application
9.4.5Middle East and Africa Lutein And Lutein Esters Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Lutein And Lutein Esters Market
9.4.5.1.1South Africa Lutein And Lutein Esters Market by Type
9.4.5.1.2South Africa Lutein And Lutein Esters Market by Application
9.4.5.2Saudi Arabia Lutein And Lutein Esters Market
9.4.5.2.1Saudi Arabia Lutein And Lutein Esters Market by Type
9.4.5.2.2Saudi Arabia Lutein And Lutein Esters Market by Application
9.4.5.3U.A.E Lutein And Lutein Esters Market
9.4.5.3.1U.A.E Lutein And Lutein Esters Market by Type
9.4.5.3.2U.A.E Lutein And Lutein Esters Market by Application
9.4.5.4Rest of Middle East and Africa Lutein And Lutein Esters Market
9.4.5.4.1Rest of Middle East and Africa Lutein And Lutein Esters Market by Type
9.4.5.4.2Rest of Middle East and Africa Lutein And Lutein Esters Market by Application
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Lutein And Lutein Esters Market Overview
9.5.2South and Central America Lutein And Lutein Esters Market Forecasts and Analysis
9.5.3South and Central America Lutein And Lutein Esters Market Forecasts and Analysis - By Type
9.5.4South and Central America Lutein And Lutein Esters Market Forecasts and Analysis - By Application
9.5.5South and Central America Lutein And Lutein Esters Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Lutein And Lutein Esters Market
9.5.5.1.1Brazil Lutein And Lutein Esters Market by Type
9.5.5.1.2Brazil Lutein And Lutein Esters Market by Application
9.5.5.2Argentina Lutein And Lutein Esters Market
9.5.5.2.1Argentina Lutein And Lutein Esters Market by Type
9.5.5.2.2Argentina Lutein And Lutein Esters Market by Application
9.5.5.3Rest of South and Central America Lutein And Lutein Esters Market
9.5.5.3.1Rest of South and Central America Lutein And Lutein Esters Market by Type
9.5.5.3.2Rest of South and Central America Lutein And Lutein Esters Market by Application
10.INDUSTRY LANDSCAPE
10.1.MERGERS AND ACQUISITIONS
10.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3.NEW PRODUCT LAUNCHES
10.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11.LUTEIN AND LUTEIN ESTERS MARKET, KEY COMPANY PROFILES
11.1.ALLIED BIOTECH CORPORATION
11.1.1.Key Facts
11.1.2.Business Description
11.1.3.Products and Services
11.1.4.Financial Overview
11.1.5.SWOT Analysis
11.1.6.Key Developments
11.2.BASF
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.CHENGUANG BIOTECH GROUP
11.3.1.Key Facts
11.3.2.Business Description
11.3.3.Products and Services
11.3.4.Financial Overview
11.3.5.SWOT Analysis
11.3.6.Key Developments
11.4.DIVIS NUTRACEUTICALS
11.4.1.Key Facts
11.4.2.Business Description
11.4.3.Products and Services
11.4.4.Financial Overview
11.4.5.SWOT Analysis
11.4.6.Key Developments
11.5.FMC BIOPOLYMER
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.KATRA PHYTO
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.KEMIN
11.7.1.Key Facts
11.7.2.Business Description
11.7.3.Products and Services
11.7.4.Financial Overview
11.7.5.SWOT Analysis
11.7.6.Key Developments
11.8.OMNIACTIVE
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.TIAN YIN BIOTECHNOLOGY
11.9.1.Key Facts
11.9.2.Business Description
11.9.3.Products and Services
11.9.4.Financial Overview
11.9.5.SWOT Analysis
11.9.6.Key Developments
11.10.VITAE NATURALS
11.10.1.Key Facts
11.10.2.Business Description
11.10.3.Products and Services
11.10.4.Financial Overview
11.10.5.SWOT Analysis
11.10.6.Key Developments
12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
1. Allied Biotech Corporation
2. BASF
3. Chenguang Biotech Group
4. Divis Nutraceuticals
5. FMC BioPolymer
6. Katra Phyto
7. Kemin
8. Omniactive
9. Tian Yin Biotechnology
10. Vitae Naturals
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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