
Region:North America
Author(s):Meenakshi Bisht
Product Code:KROD713
October 2024
90

The USA Lutein Market can be segmented by various factors like by source, by application, and by region.
By Application: The USA Lutein Market is segmented by application into dietary supplements, food and beverages, and pharmaceuticals. In 2023, the dietary supplements segment was dominating the market. The dominance of this segment is attributed to the widespread use of lutein supplements for eye health. Brands like Nature's Bounty and NOW Foods have extensive product lines that cater to consumer demand for high-quality lutein supplements.

By Source: The USA Lutein Market is also segmented by source into natural and synthetic lutein. In 2023, natural lutein derived from marigold flowers dominated the market in 2023. The preference for natural and organic products among consumers drives this segment. Companies like Kemin Industries focus on sustainable sourcing and high-quality extraction processes, contributing to this segment's dominance.

By Region: The USA Lutein Market is geographically segmented by region into north, south, east, and west. In 2023, northern region was dominating the market due to its large population, higher disposable incomes, and strong healthcare infrastructure. This region have a higher concentration of health-conscious consumers who are more likely to invest in dietary supplements like lutein for preventive health. Additionally, the presence of numerous health food stores, pharmacies, and a well-established distribution network contributes to the region's significant market share.
|
Company Name |
Establishment Year |
Headquarters |
|---|---|---|
|
DSM Nutritional Products |
1902 |
Heerlen, Netherlands |
|
BASF SE |
1865 |
Ludwigshafen, Germany |
|
Kemin Industries |
1961 |
Des Moines, Iowa, USA |
|
Allied Biotech Corporation |
1993 |
Taipei, Taiwan |
|
Chr. Hansen Holding A/S |
1874 |
Hrsholm, Denmark |
The USA lutein market is 2028. This growth will be driven by increasing consumer health awareness, a growing aging population, and expanding applications of lutein in the food and beverage industry. Technological advancements in extraction and formulation processes will also play a crucial role in market expansion.
|
By Application |
Dietary Supplements Food and Beverages Pharmaceuticals |
|
By Source |
Natural Lutein Synthetic Lutein |
|
By Region |
North South West East |
1.1 USA Lutein Market Taxonomy
3.1 USA Lutein Market Growth Drivers
3.2 USA Lutein Market Challenges and Issues
3.3 USA Lutein Market Trends and Development
3.4 USA Lutein Market Government Regulation
3.5 USA Lutein Market SWOT Analysis
3.6 USA Lutein Market Stake Ecosystem
3.7 USA Lutein Market Competition Ecosystem
4.1 USA Lutein Market Segmentation by Product Type (in %), 2023
4.2 USA Lutein Market Segmentation by Application (in %), 2023
4.3 USA Lutein Market Segmentation by Region (in %), 2023
5.1 USA Lutein Market Cross-Comparison (no. of employees, company overview, business strategy, USP, recent development, operational parameters, financial parameters and advanced analytics)
7.1 USA Lutein Market Segmentation by Product Type (in %), 2028
7.2 USA Lutein Market Segmentation by Application (in %), 2028
7.3 USA Lutein Market Segmentation by Region (in %), 2028
8.1 USA Lutein Market TAM/SAM/SOM Analysis
8.2 USA Lutein Market Customer Cohort Analysis
8.3 USA Lutein Market Marketing Initiatives
8.4 USA Lutein Market White Space Opportunity Analysis
Disclaimer Contact UsEcosystem creation for all the major entities and referring to multiple secondary and proprietary databases to perform desk research around the market to collate industry level information.
Collating statistics on USA Lutein Market over the years, penetration of marketplaces and service providers ratio to compute revenue generated for USA Lutein Uses Industry. We will also review service quality statistics to understand revenue generated which can ensure accuracy behind the data points shared.
Building market hypothesis and conducting CATIs with industry experts belonging to different companies to validate statistics and seek operational and financial information from company representatives.
Our team will approach multiple pharmaceutical manufacturing companies and understand nature of product segments and sales, consumer preference and other parameters, which will support us validate statistics derived through bottom to top approach fromsuch pharmaceutical manufacturing companies.
The USA Lutein Market has witnessed a notable growth, this is reflected by the global lutein market reaching a valuation of USD 68 billion in 2023, driven by increasing awareness of eye health benefits, a growing aging population, and expanding applications in dietary supplements and functional foods.
Challenges in Lutein Market include the high cost of raw materials, stringent regulatory requirements, lack of consumer awareness in certain regions, and competition from alternative eye health supplements.
Key players in the Lutein Market include DSM Nutritional Products, BASF SE, Kemin Industries, Allied Biotech Corporation, and Chr. Hansen Holding A/S. These companies are recognized for their extensive research and development, strategic partnerships, and robust distribution networks.
The Lutein Market is propelled by the increasing prevalence of age-related macular degeneration (AMD), rising consumer health awareness, expansion of the dietary supplement industry, and technological advancements in extraction and production processes.
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