Global Lutein Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook (2025-2034)

Global Lutein Market Growth

As per the United Nations, the global population size is expected to rise to 8.5 billion by 2030, 9.7 billion by 2050, and 10.4 billion by 2100. As per the market analysis, the proportion of people aged over 65 years is expected to increase substantially faster than other segments. By 2050, 16% of the world’s population is expected to be aged over 65 years. This is expected to increase the demand for lutein-based food and beverage products worldwide, since they positively impact the cardiovascular health of older people. This is expected to increase the lutein market value over the forecast period.

Moreover, the shift towards eco-friendly practices for lutein production is playing a key role in driving market growth. For instance, microalgae cultivation has emerged as a sustainable method of lutein production as it has a smaller ecological impact and conserves large quantities of water. Additionally, to improve the efficiency of the extraction process, the use of eco-friendly solvents including deep eutectic solvents and ionic liquids is increasing, which is expected to favour the lutein market dynamics.

Key Trends and Developments

Global Lutein Market Trends

As per the World Report on Vision 2020 published by the WHO, the global incidence of eye problems varies by income level, region of residence, and age. Older people are at a higher risk of developing macular degeneration, which elevates the chances of cataracts, glaucoma, and presbyopia. It suggests that high-income countries located in the Asia Pacific region have a prevalence rate of 53.4% for myopia. People use their mobile phones for around 10.7 hours daily while 32% of teenagers watch online videos for over 3 hours every day. This is expected to increase the demand for eye care solutions and hence, the lutein market revenue over the forecast period.

Global Lutein Industry Segmentation

Global Lutein Market Share

Based on region, the market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. Over the forecast period, the Asia Pacific is expected to grow at a CAGR of 7.3% due to rapid population growth and the increasing demand for holistic nutritional solutions that enhance cognitive function and overall heart health in the region. The introduction of new skincare products aimed at enhancing the appearance of skin is also expected to drive the market growth over the forecast period.

Leading Companies in the Global Lutein Market

Major players are increasing the production of lutein to boost their lutein market share and to cater to the growing demand for lutein from the animal feed industry.

Kemin Industries, Inc.

Kemin Industries, Inc. was founded in 1961 and is headquartered in Iowa, United States. It is a biotechnology company that specialises in the production of dietary ingredients, pet food technologies, crop technologies, textiles, and human and animal health solutions.

Allied Biotech Corporation

Allied Biotech Corporation was founded in 2002 and is headquartered in Taipei, Taiwan. It is amongst...

India Glycols Limited

India Glycols Limited was founded in 1983 and is headquartered in Noida, India. As per lutein market...

Synthite Industries Ltd.

Synthite Industries Ltd. was founded in 1972 and is headquartered in Kerala, India. It is engaged in...

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other players included in the lutein market report are Xi'an Green Spring Technology Co., Ltd., Lycored Corp., Santen Pharmaceutical Co., Ltd., Bio Actives Japan Corporation, Divi's Laboratories Limited, and OmniActive Health Technologies, among others.