Lutein Market by Application, Source, and Geography - Forecast and Analysis 2023-2027

Published: Jun 2023 Pages: 156 SKU: IRTNTR75792

Lutein Market Analysis Report 2023-2027:

The global lutein market size is estimated to grow by USD 120.77 million between 2022 and 2027 exhibiting a CAGR of 6%. Lutein is a naturally occurring carotenoid that is used in various applications, such as food & beverages, cosmetics, dietary supplements, and animal feed. Lutein is beneficial for the prevention of eye diseases such as age-related macular degeneration (AMD) as well as for promoting healthy vision.

The growth of the market depends on several factors, such as the aging population driving spending on lutein-based dietary supplements, the increase in demand for lutein as a natural colorant in food and beverage applications, and the use of lutein in animal feed additives.

What will be the Size of the Lutein Market During the Forecast Period?

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Lutein Market Dynamic

Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Lutein Market Driver

The aging population driving spending on lutein-based dietary supplements is driving the lutein market growth. Demand for Lutein-based dietary supplements in the projected period will be stimulated by an increase in the population of older people worldwide. With advancing age, health conditions and disorders such as poor visibility, joint pain, and weakness of the bones become common.  As long as adequate intake of dietary supplements based on vitamins and minerals like Lutein is maintained, however, the onset of these diseases can be prolonged by significantly less than a year, making it one of the most important reasons for the sales of nutritional supplements in this age group.

However, it is estimated that around one-fifth of the overall consumers of lutein-based dietary supplements currently come into the aging category. The lifespans of people all over the world are increasing, thanks to better health care and facilities. This is helping the older population segment expand, which will, in turn, fuel the demand for lutein-based dietary supplements from this section of the population. This will drive the growth of the global lutein market during the forecast period.

Key Lutein Market Trends

The increasing adoption of health and wellness food is a primary trend in the lutein market. In order to provide consumers with health and functional benefits, health and wellness food products are specially formulated. They differ from conventional food and beverage products and comprise many other categories like functional foods, nutraceuticals, as well as special dietary food and beverages. Given factors such as increasing consumer awareness of health, it is estimated that the global market for healthy and natural foods and beverages will increase steadily over the forecast period. The quality of the ingredients that are used for food and beverages has become a more important concern among consumers over these past years.

Since, the demand for organic, natural, and functional food and beverage products is increasing among consumers, which is helping the lutein market to maintain steady growth. Lutein is widely used in order to improve the nutrition of food and beverage products as well as supplements. Hence, the rising adoption of health and wellness foods is likely to support the global lutein market growth over the forecast period.

Major Lutein Market Challenge

The stability concerns regarding lutein is a major challenge faced by the lutein market.  Environmental and climatic conditions can affect lutein. Environmental conditions such as sunlight, moisture, heat, pH, UV radiation, and temperature variations can significantly change the natural characteristics of lutein. Therefore, a change in smell, taste, or texture of food and beverage products with these colorants can occur when they are cooked and processed at high temperatures.

Also, lutein has a limited shelf life. During storage for a long time, or in the face of sunlight, moisture, and elevated temperatures, it tends to alter both its internal smell and color. The natural color of lutein can fade over time, and such changes in its natural characteristics can make food items unpleasant. Important consumer purchasing criteria are the color and visual appearance of food products. Therefore, the changes in the natural characteristics of the food product can significantly hinder the growth of the global lutein market during the forecast period.

Lutein Market Segment Insights

This lutein market report extensively covers market segmentation by application (dietary supplements, food, and beverages, pharmaceuticals, and others), source (synthetic and natural), and geography (Europe, North America, APAC, South America, and Middle East and Africa).

Lutein Market Application Insights

The dietary supplements segment is estimated to witness significant growth during the forecast period. Dietary enhancements held the biggest portion of the worldwide lutein market in 2022. By taking a lot of vitamins, minerals, or fatty acids from dietary supplements, consumers can stay healthy and protect themselves from harmful diseases. Lutein is a successful enhancement to keep up with eye well-being and forestall the beginning old enough related to eye illnesses, including macular degeneration, waterfall, and visual impairment.

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The dietary supplements segment was the largest segment and was valued at USD 105.56 million in 2017Dietary supplements are usually available in the form of pills, tablets, powdered additives, drinks, or shakes for easy consumption. In particular, due to rising consumer awareness of the need for preventative medical care, an increasingly aging population, and increased awareness about the benefits of maintaining good health, dietary supplements are also expected to grow significantly. These factors will drive the growth of the dietary supplements segment of the global lutein market during the forecast period.

Lutein Market Source Insights

Based on the source, the synthetic segment held the largest market share in 2021. The growth of the segment is due to the growing geriatric population globally and growing awareness about the benefits of synthetic lutein. Synthetic production of lutein is more economical, and therefore, growing automation across the production capacities is driving the growth of the synthetic lutein segment across the globe.

Lutein Market Regional Insights

Europe Region

Europe is estimated to contribute 35% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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Europe was the leading regional segment in the global lutein market in 2022 and is expected to maintain its position in the forecast period. The region benefits from flourishing end-user industries like food and beverage and animal feed, which generate substantial demand. Additionally, the presence of numerous manufacturers and a large consumer base contribute to market growth.

Key contributing countries in the European lutein market include Germany, the UK, and France. The growing aging population and increased demand for packaged food products further drive the demand for lutein in the region, supporting the growth of the food and beverage industry.

Covid-19 Recovery

The COVID-19 pandemic adversely affected lutein sales in Europe in 2020, with manufacturing units temporarily closed due to government-imposed lockdowns. However, the implementation of vaccination drives and the easing of restrictions helped stabilize the supply chain and manufacturing operations. Vendors focused on introducing advanced organic supplements as alternatives to those containing inorganic ingredients that could cause inflammatory reactions. Germany, for instance, has invested in research and development activities and safety assessments of plant-derived drugs and supplements, including lutein-based products. These factors are expected to drive the growth of the lutein market in Europe during the forecast period.

Technavio's Exclusive Lutein Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Lutein Market Customer Landscape

Key Lutein Market Companies

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Kensingsolutions- The company offers Vitaslim capsules made up of Lutein, under its subsidiary called Vitae Caps SA.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

ADAMA Ltd., Allied Biotech Corp., BASF SE, Bio Med Ingredients, Chr Hansen Holding AS, Dohler GmbH, EID Parry India Ltd., FENCHEM, IOSA Industrial Organica, Katra Phytochem Pvt. Ltd., Kensing LLC, Koninklijke DSM NV, Natural Grocers by Vitamin Cottage Inc., Nestle SA, Nutraceutical Corp., Nutramarc Sports Nutrition and Co., OmniActive Health Technologies, Piveg Inc., Synthite Industries Pvt. Ltd., and Zhejiang Medicine Co. Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The lutein market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook (USD Million, 2017 - 2027)
    • Dietary supplements
    • Food and beverages
    • Pharmaceuticals
    • Others

Region Outlook (USD Million, 2017 - 2027)

  • North America
    • The U.S.
    • Canada
  • Europe
    • The U.K.
    • Germany
    • France
    • Rest of Europe
  • APAC
    • China
    • India
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa
  • South America
    • Chile
    • Brazil
    • Argentina 

Source Outlook (USD Million, 2017 - 2027)

  • Synthetic
  • Natural

 

Lutein Market Scope

Report Coverage

Details

Page number

156

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 6%

Market growth 2023-2027

USD 120.77 million

Market structure

Fragmented

YoY growth 2022-2023(%)

5.36

Regional analysis

Europe, North America, APAC, South America, and Middle East and Africa

Performing market contribution

Europe at 35%

Key countries

US, China, Germany, France, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

ADAMA Ltd., Allied Biotech Corp., BASF SE, Bio Med Ingredients, Chr Hansen Holding AS, Dohler GmbH, EID Parry India Ltd., FENCHEM, IOSA Industrial Organica, Katra Phytochem Pvt. Ltd., Kensing LLC, Koninklijke DSM NV, Natural Grocers by Vitamin Cottage Inc., Nestle SA, Nutraceutical Corp., Nutramarc Sports Nutrition and Co., OmniActive Health Technologies, Piveg Inc., Synthite Industries Pvt. Ltd., and Zhejiang Medicine Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

 

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What are the Key Data Covered in this Lutein Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Source
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global lutein market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global lutein market 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 Source Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Source Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Dietary supplements - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Dietary supplements - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Dietary supplements - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Dietary supplements - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Dietary supplements - Year-over-year growth 2022-2027 (%)
    • 6.4 Food and beverages - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Food and beverages - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Food and beverages - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Food and beverages - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Food and beverages - Year-over-year growth 2022-2027 (%)
    • 6.5 Pharmaceuticals - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Pharmaceuticals - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Pharmaceuticals - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Pharmaceuticals - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Pharmaceuticals - Year-over-year growth 2022-2027 (%)
    • 6.6 Others - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.7 Market opportunity by Application
      • Exhibit 50: Market opportunity by Application ($ million)
      • Exhibit 51: Data Table on Market opportunity by Application ($ million)

    7 Market Segmentation by Source

    • 7.1 Market segments
      • Exhibit 52: Chart on Source - Market share 2022-2027 (%)
      • Exhibit 53: Data Table on Source - Market share 2022-2027 (%)
    • 7.2 Comparison by Source
      • Exhibit 54: Chart on Comparison by Source
      • Exhibit 55: Data Table on Comparison by Source
    • 7.3 Synthetic - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Synthetic - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Synthetic - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Synthetic - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Synthetic - Year-over-year growth 2022-2027 (%)
    • 7.4 Natural - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Natural - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Natural - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Natural - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Natural - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Source
      • Exhibit 64: Market opportunity by Source ($ million)
      • Exhibit 65: Data Table on Market opportunity by Source ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 68: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 Europe - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 Germany - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 China - Market size and forecast 2022-2027
      • Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.11 France - Market size and forecast 2022-2027
      • Exhibit 103: Chart on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.12 UK - Market size and forecast 2022-2027
      • Exhibit 107: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ million)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 ADAMA Ltd.
              • Exhibit 119: ADAMA Ltd. - Overview
              • Exhibit 120: ADAMA Ltd. - Business segments
              • Exhibit 121: ADAMA Ltd. - Key offerings
              • Exhibit 122: ADAMA Ltd. - Segment focus
            • 12.4 Allied Biotech Corp.
              • Exhibit 123: Allied Biotech Corp. - Overview
              • Exhibit 124: Allied Biotech Corp. - Product / Service
              • Exhibit 125: Allied Biotech Corp. - Key offerings
            • 12.5 BASF SE
              • Exhibit 126: BASF SE - Overview
              • Exhibit 127: BASF SE - Business segments
              • Exhibit 128: BASF SE - Key news
              • Exhibit 129: BASF SE - Key offerings
              • Exhibit 130: BASF SE - Segment focus
            • 12.6 Bio Med Ingredients
              • Exhibit 131: Bio Med Ingredients - Overview
              • Exhibit 132: Bio Med Ingredients - Product / Service
              • Exhibit 133: Bio Med Ingredients - Key offerings
            • 12.7 Chr Hansen Holding AS
              • Exhibit 134: Chr Hansen Holding AS - Overview
              • Exhibit 135: Chr Hansen Holding AS - Business segments
              • Exhibit 136: Chr Hansen Holding AS - Key news
              • Exhibit 137: Chr Hansen Holding AS - Key offerings
              • Exhibit 138: Chr Hansen Holding AS - Segment focus
            • 12.8 Dohler GmbH
              • Exhibit 139: Dohler GmbH - Overview
              • Exhibit 140: Dohler GmbH - Product / Service
              • Exhibit 141: Dohler GmbH - Key offerings
            • 12.9 EID Parry India Ltd.
              • Exhibit 142: EID Parry India Ltd. - Overview
              • Exhibit 143: EID Parry India Ltd. - Business segments
              • Exhibit 144: EID Parry India Ltd. - Key offerings
              • Exhibit 145: EID Parry India Ltd. - Segment focus
            • 12.10 FENCHEM
              • Exhibit 146: FENCHEM - Overview
              • Exhibit 147: FENCHEM - Product / Service
              • Exhibit 148: FENCHEM - Key offerings
            • 12.11 Kensing LLC
              • Exhibit 149: Kensing LLC - Overview
              • Exhibit 150: Kensing LLC - Product / Service
              • Exhibit 151: Kensing LLC - Key offerings
            • 12.12 Koninklijke DSM NV
              • Exhibit 152: Koninklijke DSM NV - Overview
              • Exhibit 153: Koninklijke DSM NV - Business segments
              • Exhibit 154: Koninklijke DSM NV - Key news
              • Exhibit 155: Koninklijke DSM NV - Key offerings
              • Exhibit 156: Koninklijke DSM NV - Segment focus
            • 12.13 Nestle SA
              • Exhibit 157: Nestle SA - Overview
              • Exhibit 158: Nestle SA - Business segments
              • Exhibit 159: Nestle SA - Key news
              • Exhibit 160: Nestle SA - Key offerings
              • Exhibit 161: Nestle SA - Segment focus
            • 12.14 Nutraceutical Corp.
              • Exhibit 162: Nutraceutical Corp. - Overview
              • Exhibit 163: Nutraceutical Corp. - Product / Service
              • Exhibit 164: Nutraceutical Corp. - Key offerings
            • 12.15 OmniActive Health Technologies
              • Exhibit 165: OmniActive Health Technologies - Overview
              • Exhibit 166: OmniActive Health Technologies - Product / Service
              • Exhibit 167: OmniActive Health Technologies - Key offerings
            • 12.16 Piveg Inc.
              • Exhibit 168: Piveg Inc. - Overview
              • Exhibit 169: Piveg Inc. - Product / Service
              • Exhibit 170: Piveg Inc. - Key offerings
            • 12.17 Zhejiang Medicine Co. Ltd.
              • Exhibit 171: Zhejiang Medicine Co. Ltd. - Overview
              • Exhibit 172: Zhejiang Medicine Co. Ltd. - Product / Service
              • Exhibit 173: Zhejiang Medicine Co. Ltd. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 174: Inclusions checklist
                • Exhibit 175: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 176: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 177: Research methodology
                • Exhibit 178: Validation techniques employed for market sizing
                • Exhibit 179: Information sources
              • 13.5 List of abbreviations
                • Exhibit 180: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              lutein market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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