Eye health ingredients are a source of healthy vision, which are of great concern among the growing population. Increase in eye health problems such as cataract, glaucoma, diabetic retinopathy, Age-Related Macular Degeneration (AMD) and others are driving the market growth of eye health ingredients market. Moreover, change in lifestyle and exposure to digital displays are further boosting the growth of eye health ingredients market. Increasing demand for healthy vision has led to an increased penetration of eye health ingredients in various product line such as pharmaceuticals, supplements, beverages, oils and fats, bakery and confectionery, dairy and frozen desserts, and others.
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Toxic impurities cause adverse effects on eyesight and lead to unhealthy vision. Antioxidants such as luthein, zeaxanthin, beta-carotene, astaxanthin, and others are some of the common and major eye health ingredients, which are used for healthy vision. They are used to prevent eye diseases including age-related macular degeneration (AMD), cataracts, retinitis pigmentosa, and others. Moreover factors such as need for powerful vision, elimination of free radicals and protection from UV radiation are driving the market for eye health ingredients.
Segmentation Analysis
On the basis of type, eye health ingredients are segmented into luthein, zeaxanthin, beta-carotene, astaxanthin, and others. Among all, luthein is dominating the market followed by zeaxanthin and beta-carotene. Lutein is high in efficiency and effectiveness in low dosages, which is driving the growth of this segment compared to others. However, beta- carotene is projected to witness a steady growth over the forecast period. Based on the application, eye health ingredients are segmented into pharmaceuticals, supplements, beverages, oils and fats, bakery and confectionery, dairy and frozen desserts, and others. Among all, the supplements segment is dominating the market followed by pharmaceutical industry. However, high inclination towards consumption of functional foods is expected to grow the application of eye health ingredients in dairy as well as bakery segment.
Regional Analysis
The global eye health ingredients market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North America is dominating the market followed by Europe. Low vision, blindness, and various vision health problems are increasingly observed in North America which is boosting the market for eye health ingredients market in this region. In Europe, the U.K. and Germany are the major contributors to eye health ingredients market. Asia Pacific is projected to witness steady growth over the forecast period based on consumer preference towards healthy lifestyle in developing countries such as India and China. Moreover developments and innovations will lead to moderate growth in rest of the world over the forecast period. Browse the market data and information spread across 135 pages with 20 data tables and 15 figures of the report “Eye Health Ingredients Market by type Application and Region Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/eye-health-ingredients-market-4700
Key Players and Competition Analysis
Some of the key players profiled in the global eye health ingredients market are Allied Biotech Corporation (Taiwan), DSM (The Netherlands), BASF SE (Germany), FMC Corporation. (U.S.), AIDP Inc. (U.S.), BI Nutraceuticals (U.S.), BLUE CALIFORNIA (U.S.)
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