Lutein Market, by Source (Natural and Synthetic), by Application (Food Coloring, Dairy Products, Egg Products, Medicine, and Poultry Feed), by End-use Industry (Food and Beverages, Pharmaceuticals, Nutraceuticals, Cosmetics, Animal Feed, and Dietary Supplements), and by Region – Size, Share, Outlook, and Opportunity Analysis, 2022-2028
Key players operating in the global lutein market include, DSM, BASF, Solaray, Sundown, Iorrow, Allied Biotech Corporation, Tianjin Pharmaland, Nature’s Bounty, Chr. Hansen Holding A/S, Kemin Industries, Inc., and DDW The Colour House.
Key players are focused on mergers and acquisitions to enhance their market share and retain dominant position in the market. For instance, in 2015, DDW The Colour House acquired the KleurCraft’s portfolio of coloring foods for business expansion and product development.