Market Forecast By Form (Powder & Crystalline, Oil Suspension, Beadlet, Emulsion), By Source (Natural, Synthetic), By Application (Food, Beverages, Dietary Supplements, Animal Feed), By Production Process (Chemical synthesis, Extraction from botanical materials, Fermentation, Algae route) And Competitive Landscape
Product Code: ETC4548336 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Report Name | Australia Lutein Market |
Forecast period | 2025-2031 |
CAGR | 3.5% |
Growing Sector | Pharmaceutical |
The Australia Lutein Market report thoroughly covers the market by form, by source, by application and by production process. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Australia Lutein Market is dynamic and evolving and is projected to attain steady growth in the coming years driven by growing awareness of eye health benefits, an increasing ageing population, and a rising prevalence of eye-related disorders. The market is also going through certain challenges that can hamper its growth to a certain extent shortly.
According to 6Wresearch, the Australia Lutein Market size is expected to grow at a significant CAGR of 3.5% during 2025-2031. This growth is propelled by increasing consumer awareness about the health benefits of lutein and the growing demand for natural ingredients in various food and beverage products. Lutein is known for its beneficial effects on eye health, particularly in reducing the risk of age-related macular degeneration and improving visual function. The rising prevalence of eye diseases such as macular degeneration and cataracts, has led to a greater focus on eye health and the use of lutein supplements. These factors will influence the Australia Lutein Market Growth.
Lutein supplements face competition from alternative eye health solutions, including other nutritional supplements, eye drops, vision therapy, and medical interventions. Players need to differentiate lutein products and communicate their unique value proposition as compared to alternative solutions to remain competitive in the market. Despite the potential health benefits of lutein for eye health, awareness among consumers is limited.
Some of the key players operating in the Australian Lutein market include Kemin Industries,DSM Nutritional Products and OmniActive Health Technologies. These companies are investing heavily in research and development activities and innovating new products to cater to the growing demand for Luteins. Kemin Industries holds the largest market share in the Lutein market in Australia.
Government regulations play a significant role in the Australia Lutein Market, ensuring consumer safety, fair trade practices, and environmental sustainability. The government regulations also oversee product safety, quality, and efficacy. The Therapeutic Goods Administration is responsible for regulating therapeutic goods, including medicines, medical devices and dietary supplements in Australia. The TGA evaluates the safety, quality, and efficacy of listed complementary medicines and monitors compliance with regulatory requirements. Additionally, measures are in place to address health claims, advertising restrictions, and maximum allowable levels of lutein in dietary supplements to promote consumer safety and prevent misleading marketing practices.
The proportion of the aging population in Australia is expected to increase. This would lead to increasing demand for lutein supplements to support eye health and prevent vision problems associated with ageing. The natural health products market in Australia is expanding, driven by growing consumer interest in natural health products and dietary supplements. Lutein supplements are gaining popularity as consumers seek natural solutions to support vision health and address eye-related concerns. Additionally, Lutein may be incorporated into functional foods and beverages to enhance their nutritional profile and offer added health benefits further fueling its demand.
According to Dhaval, Research Manager, 6Wresearch, the powder and crystalline segment is expected to hold the dominant share in the Lutein market in Australia, due to its wide range of applications in various food and beverage products.
Based on Source, the natural source segment holds the dominant share in the Lutein market in Australia. This is due to increasing consumer preference for products made from natural sources and a growing trend towards clean label and organic ingredients.
On the basis of Application, the dietary supplements segment is expected to hold the dominant share in the Lutein market in Australia, as lutein is widely used as an ingredient in various eye health supplements.
On the basis of Production Process, the extraction from botanical materials segment is expected to hold the dominant share in the production process of lutein in Australia. This is due to the use of various plants and vegetables such as marigold flowers, spinach, and kale as a source of lutein.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Lutein Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Lutein Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Lutein Market - Industry Life Cycle |
3.4 Australia Lutein Market - Porter's Five Forces |
3.5 Australia Lutein Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Australia Lutein Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Australia Lutein Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Australia Lutein Market Revenues & Volume Share, By Production Process, 2021 & 2031F |
4 Australia Lutein Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Lutein Market Trends |
6 Australia Lutein Market, By Types |
6.1 Australia Lutein Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Australia Lutein Market Revenues & Volume, By Form, 2021-2031F |
6.1.3 Australia Lutein Market Revenues & Volume, By Powder & Crystalline, 2021-2031F |
6.1.4 Australia Lutein Market Revenues & Volume, By Oil Suspension, 2021-2031F |
6.1.5 Australia Lutein Market Revenues & Volume, By Beadlet, 2021-2031F |
6.1.6 Australia Lutein Market Revenues & Volume, By Emulsion, 2021-2031F |
6.2 Australia Lutein Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Australia Lutein Market Revenues & Volume, By Natural, 2021-2031F |
6.2.3 Australia Lutein Market Revenues & Volume, By Synthetic, 2021-2031F |
6.3 Australia Lutein Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Australia Lutein Market Revenues & Volume, By Food, 2021-2031F |
6.3.3 Australia Lutein Market Revenues & Volume, By Beverages, 2021-2031F |
6.3.4 Australia Lutein Market Revenues & Volume, By Dietary Supplements, 2021-2031F |
6.3.5 Australia Lutein Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.4 Australia Lutein Market, By Production Process |
6.4.1 Overview and Analysis |
6.4.2 Australia Lutein Market Revenues & Volume, By Chemical synthesis, 2021-2031F |
6.4.3 Australia Lutein Market Revenues & Volume, By Extraction from botanical materials, 2021-2031F |
6.4.4 Australia Lutein Market Revenues & Volume, By Fermentation, 2021-2031F |
6.4.5 Australia Lutein Market Revenues & Volume, By Algae route, 2021-2031F |
7 Australia Lutein Market Import-Export Trade Statistics |
7.1 Australia Lutein Market Export to Major Countries |
7.2 Australia Lutein Market Imports from Major Countries |
8 Australia Lutein Market Key Performance Indicators |
9 Australia Lutein Market - Opportunity Assessment |
9.1 Australia Lutein Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Australia Lutein Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Australia Lutein Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Australia Lutein Market Opportunity Assessment, By Production Process, 2021 & 2031F |
10 Australia Lutein Market - Competitive Landscape |
10.1 Australia Lutein Market Revenue Share, By Companies, 2024 |
10.2 Australia Lutein Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |