"Market Intelligence that Adds Flavour to Your Success"
The global lutein market size was valued at USD 273.20 million in 2024. The market is projected to grow from USD 283.13 million in 2025 to USD 373.06 million by 2032, exhibiting growth at a CAGR of 4.02% during the forecast period. Europe dominated the lutein market with a market share of 44.44% in 2024.
A few key players in the market include DSM-Firmenich, Kemin Industries, Inc., Lycored, and others.
Lutein, a xanthophyll carotenoid, is a type of pigment found in microorganisms and plants. Although it is naturally present in plants, it can also be developed synthetically by chemical synthesis. Common sources of xanthophyll carotenoids include spinach, kale, corn, and egg yolks. Similarly, other carotenoids also impart natural color and several health advantages. This ingredient particularly helps in enhancing eye health and protects individuals from vision loss. Moreover, supplementing this ingredient in the diet boosts cognitive performance and minimizes the risk of liver cancer. Additionally, it assists in reducing cancers and promotes cardiovascular health. With respect to regional consumption, Europe and North America are recognized as the biggest consumers of carotenoids.
The rising use of carotenoids in the pharmaceuticals sector and the surging popularity of smart food packaging propel the growth of the global market.
Growing Awareness of Potential Benefits of Product to Fuel Market Momentum
The rising awareness of the health benefits associated with carotenoids is a key factor driving the market's potential. Most consumers are recognizing the role of carotenoids in overall health & well-being, leading to a greater demand for carotenoid-rich supplements and foods. Predominantly, this carotenoid plays a remarkable role in protecting consumers against cataracts and age related macular degeneration (AMD). Moreover, it can aid in reducing diabetic retinopathy, which is a major complication of diabetes that damages the retina’s blood vessels. This carotenoid minimizes the risk of heart ailments and enhances the function of the endothelium. Besides this, the intake of carotenoids potentially decreases the chances of neurodegenerative diseases. Thus, the companies are responding to this awareness by introducing new carotenoid-enriched products.
Price Fluctuations in Raw Ingredients and Regulatory Hurdles Inhibit Market's Growth
One critical difficulty experienced by carotenoid producers is price variations in raw materials. Lutein is mainly sourced from marigold flowers, and their production is vulnerable to pests, climatic changes, and an imbalance in seasonal supply and demand. These uncertainties can directly affect the raw material availability and prices of carotenoids. Such price fluctuations fuel the overall cost of carotenoid production and extraction, complicating price forecasting and minimizing producers’ margins. As a result, the aforementioned factors hamper the industry's growth.
Regulatory hurdles are another major challenge in the global market. Stringent regulations can often restrict health claims that can be made about lutein supplements, leading to compliance issues for producers. Moreover, variations in regional differences in approved claims and inconsistencies in labeling requirements further impede the global market expansion.
Improved Usage of Carotenoids in Active Packaging Unlock Growth Possibilities
The increased use of carotenoids in active packaging creates various growth opportunities in the market. Active packaging primarily encompasses components that interact with the environment and food to improve product quality. Carotenoids, when used in packaging materials, act as antioxidants and neutralize reactive oxygen species that lead to food spoilage. Moreover, incorporating carotenoids in packaging slows down the oxidation process and lengthens the shelf life of the finished item. This delay in oxidation preserves the nutritional value, color, and freshness of end products. Additionally, the carotenoids can be utilized in colorimetric active packaging, where the carotenoid's color depicts the food's freshness and quality.
Rising Inclination Toward Functional Cosmetics is the Current Industry Trend
Functional cosmetics are emerging as a notable trend in the personal care & cosmetics industry, driven by consumer demand for holistic and natural solutions. Lutein, a natural carotenoid, aligns perfectly with this trend. This ingredient is known for its antioxidant properties, which aids in skin smoothness, elasticity, and hydration. Moreover, carotenoids offer anti-aging advantages and protect the skin against UV light. Additionally, the usage of carotenoids brightens the skin and minimizes oxidative stress. Besides this, carotenoids can filter blue light, emitted from electronic devices, and reduce the chances of premature aging. Recognizing these multifaceted benefits, cosmetic companies are developing carotenoid-enriched product formulations, targeting consumers seeking advanced, naturally derived skincare solutions.
Download Free sample to learn more about this report.
Synthetic Segment Dominated the Market Owing to Its Affordability
On the basis of source, the market is divided into synthetic and natural. The synthetic segment held the dominant lutein market share in 2024. Synthetic carotenoids are preferred in many applications due to their consistency and purity. Moreover, these ingredients are economical compared to natural procurement and can be utilized for large-scale industrial applications. Additionally, synthetic production methods help reduce the risk of contamination associated with environmental factors in natural sourcing, contributing to the segment's growth.
The natural segment emerged as the fastest-growing and is anticipated to maintain this growth trajectory in the near term. The rising trend of naturally sourced ingredients and increasing availability is fueling the segment's potential.
Powder is the Leading Product Form Due to Its Easy Handling
Based on form, the market is segmented into powder, liquid, and beadlet. The powder segment dominated the global market. Compared to other forms, powders possess a prolonged shelf life and are less susceptible to microbial contamination. Moreover, these ingredients can be easily transported, handled, and mixed into food & beverages, animal feed, and cosmetic formulations. Additionally, powders are more stable in nature compared to liquids and beadlets. Thus, these advantages facilitate the usage of powdered carotenoids.
The liquid category is likely to hold the highest CAGR during the forecast period. Liquid carotenoids offer rapid action and have a faster absorption rate compared to other forms. Similarly, powders, liquid ingredients are also stable in nature, driving their utilization rate.
Food & Beverages Segment Led due to Rising Usage of Lutein
Based on application, the market is distributed into food & beverages, dietary supplements, personal care & cosmetics, animal feed, and pharmaceuticals. The food & beverages sector led the global industry in 2024. Lutein is widely utilized as a functional ingredient in the food and beverage sector due to its various health advantages. Moreover, it is used as a natural food colorant in the processed food industry, which makes it a desirable natural substitute for artificial colorants. Additionally, it is used in food fortification, where it can be added to yoghurts such as baked snacks to help fulfill individual nutrient requirements.
The personal care & cosmetics segment is the fastest-growing and is predicted to expand at the highest pace in the coming years. The surging beauty from within trend and growing demand for organic cosmetics are key factors propelling the segment's growth.
Based on region, the market is segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
Europe Lutein Market Size, 2024 (USD Million)
To get more information on the regional analysis of this market, Download Free sample
Europe led the global market in 2024 and consumers in the region are concerned about their health and seek products that promote overall well-being. This growing awareness fuels the usage of natural ingredients, including carotenoids, in the food sector. Moreover, the increasing prevalence of macular degeneration (AMD) is another factor promoting the use of lutein. The region also benefits from a robust functional food industry that leverages carotenoids to enhance the nutritional value of various food items. Besides this, the rising clean-label trend and increasing incorporation in dietary supplements bolster the region's potential. Thus, the above-mentioned advantages stimulate the sales of carotenoid-rich end products.
North America secured the second position in the market, holding a significant share, driven by a rising preference for plant-based ingredients and surging demand for fortified foods. In today's hectic schedule, more than half of the American population relies on packaged food items to avoid the hassle of cooking. To maintain a healthy lifestyle, consumers are seeking carotenoid-fortified packaged food that provides health advantages, along with convenience. Moreover, the adoption of advanced technology for carotenoid extraction adds to the lutein market growth. Additionally, the surging emphasis on preventive healthcare further drives the consumption of carotenoids.
The U.S. is the leading consumer of lutein in North America. The surging health consciousness and improved use of carotenoids in the animal feed sector boost market growth.
Asia Pacific is the fastest-growing segment and is predicted to gain momentum in the upcoming years. The growth is backed by the improving adoption of functional food ingredients and the expanding development of the e-commerce sector. Compared to other regions, Asia Pacific has a higher prevalence of chronic ailments affecting millions of individuals. In order to curb these health challenges, consumers in the region are seeking safer options that can provide health advantages without adverse side effects. This situation drives the utilization rate of carotenoids in the market. Moreover, the increasing aging population in China and India further boosts the demand for carotenoids.
South America is in its nascent stage and is expected to witness significant growth in the future. The increasing lutein production and the expanding functional cosmetics sector are boosting the market's potential.
The Middle East & Africa are also at a nascent stage of development and are predicted to maintain steady growth in the near term, driven by surging disposable income and growing carotenoid players.
Market Players Focus on New Product Launches to Strengthen their Market Position
The key players in the market include Kemin Industries, Inc., Lycored, and DSM-Firmenich. These companies are focusing on launching new products that provide several health benefits. Such strategic product launches help them attract greater consumer interest and improve their position in the market.
The market research report includes quantitative and qualitative insights into the market. It also offers a detailed market analysis of the market sizing and growth rate for all possible market segments. Key insights in the market report include an overview of related markets, a competitive landscape, recent industry developments such as mergers & acquisitions, the regulatory environment in critical countries, and current market trends.
To gain extensive insights into the market, Download for Customization
|
ATTRIBUTE |
DETAILS |
|
Study Period |
2019-2032 |
|
Base Year |
2024 |
|
Estimated Year |
2025 |
|
Forecast Period |
2025-2032 |
|
Historical Period |
2019-2023 |
|
Unit |
Value (USD Million) |
|
Growth Rate |
CAGR of 4.02% from 2025 to 2032 |
|
Segmentation |
By Source
|
|
By Form
|
|
|
By Application
|
|
|
By Region
|
Fortune Business Insights says that the global market size was valued at USD 273.20 million in 2024.
The market is expected to grow at a CAGR of 4.02% during the forecast period.
By source, the synthetic segment led the market.
Growing awareness of the potential benefits of lutein is a key factor driving the market's momentum.
Lycored, DSM-Firmenich, and Kemin Industries, Inc., are a few of the top players in the market.
Europe held the highest share of the market.
Improved usage of carotenoids in active packaging unlocks growth possibilities.
Related Reports
Get In Touch With Us
US +1 833 909 2966 ( Toll Free )