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

The global lutein market size reached around USD 385.93 Million in 2024. The market is projected to grow at a CAGR of 6.70% between 2025 and 2034 to reach nearly USD 738.16 Million by 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

Technological advancements in extraction; rising focus on preventative health care; increasing awareness of maintaining eye health; and rising applications across different industries are factors favouring the lutein market growth.

July 2024

A new study conducted by the American Society of Nutrition discovered that the consumption of baby carrots for 3 times weekly can increase the skin carotenoid levels among young adults.

January 2024

New clinical research published in the journal Opthamology recently discovered that the consumption of Optisharp zeaxanthin and Kemin’s FloraGlo lutein significantly boosted the carotenoid levels in pregnant women and their developing babies. This is expected to increase the demand for lutein for manufacturing supplements for pregnant women, leading to lutein market expansion.

January 2022

Cargill Incorporated opened its first Food Innovation Center in Gurugram, India to cater to the increasing demand for healthy and nutritious food products among consumers. This center has a demonstration kitchen and a sensory lab, which can serve a wide range of industries such as dairy, bakery, and beverage, among others. This has favourably impacted the lutein market outlook.

July 2021

Tokyo Chemical Industry Co. Ltd. launched the Ultra-High-Concentration Lutein Drops, which are created using its patented Double Nutri technology, to provide an enhanced eye care experience to consumers worldwide.

Technological advancements in extraction

Supercritical fluid extraction, and other advanced techniques for extraction and processing of lutein is expected to improve the bioavailability and quality of lutein supplements, which is expected to lead to lutein market development.

Rising focus on preventative health care

This trend is expected to increase the demand for lutein-based health supplements, that offer enhanced benefits beyond fulfilling basic nutritional needs.

Increasing awareness of maintaining eye health

With the growing participation of people in the workforce, the demand for lutein-based eye drops, which can reduce the impact of eye conditions like ciliary muscle strain, ametropia, macular degeneration, and dry eyes has risen, due to long working hours which require focused attention on digital screens.

Rising applications across different industries

Lutein is emerging as a versatile carotenoid that can boost cognitive function, improve cardiovascular health, and enhance skin appearance. This is expected to sustain the market growth over the forecast period.

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

The EMR’s report titled “Global Lutein Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Form:

• Powder and Crystalline
• Oil and Suspension
• Beadlet
• Emulsion

Market Breakup by Source:

• Natural
• Synthetic

Market Breakup by Application:

• Food
• Beverages
• Dietary Supplements
• Animal Feed
• Others

Market Breakup by Production Process:

• Chemical Synthesis
• Extraction from botanical material
• Fermentation
• Algae Route

Market Breakup by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

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 the world's leading producers of carotenoids, which are branded and marketed under the names of Canthatene, Altratene, Lutene, Lycotene, and NanoQ.

India Glycols Limited

India Glycols Limited was founded in 1983 and is headquartered in Noida, India. As per lutein market analysis, it is a chemical manufacturing company that specialises in the production of glycols, ethoxylates, and acetates, among various other performance products.

Synthite Industries Ltd.

Synthite Industries Ltd. was founded in 1972 and is headquartered in Kerala, India. It is engaged in the manufacturing of value-added spices, and specialises in the production of essential oils, herbal extracts, phytochemicals, and health and nutrition solutions.

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.