09.01.08
Frost & Sullivan’s (London, U.K.) new report “Strategic Analysis of the Global Markets for Lutein in Human Nutrition” reveals that the lutein market earned revenues of $105 million in 2006 and estimates this to reach nearly $125 million by 2013. A growing body of scientific evidence supporting lutein’s eye health benefits is the primary reason driving the growth of this market globally. This augurs well for the global lutein market, given that eye health ranks among the top five health concerns in the U.S., as well as in various countries across the European Union. However, the report suggests the market now faces a challenge in the growing maturity of dietary supplements, its key end-user application segment. Manufacturers need to address this growing maturity in dietary supplements by identifying new and potentially lucrative application segments that offer opportunities for the continued growth of the lutein market.
For more information: Frost & Sullivan, 210-477-8427; Fax: 210-348-1003; E-mail: vanessa.quezada@frost.com; Website: www.food.frost.com.
For more information: Frost & Sullivan, 210-477-8427; Fax: 210-348-1003; E-mail: vanessa.quezada@frost.com; Website: www.food.frost.com.