Commercial Value
The lutein market is segmented into pharmaceutical, nutraceutical, food, pet foods, and animal and fish feed. The pharmaceutical market is estimated to be about US $190 million, nutraceutical and food is estimated to be about US $110 million. Pet foods and other applications are estimated at US $175 million annually. Apart from the customary age-related macular degeneration applications, newer applications are emerging in cosmetics, skins and as an antioxidant. It is one of the fastest growing areas of the US $2 billion carotenoid market.
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