Eye Health Ingredients Market Insight
North America is the leading Eye Health Ingredients Market and it is expected to grow substantially over the forecast period 2017-2023. Increasing eye health diseases and low vision problems in North America is driving the eye health ingredients market in this region. Moreover, hectic and busy lifestyle followed by increasing exposure to digital display in the U.S. is boosting the growth of eye health ingredients market.
Eye health ingredients are a source of healthy vision, which is of great concern among the growing population. Antioxidants such as Beta-Carotene, Zeaxanthin, Astaxanthin, Luthein and others are some of the common and major eye health ingredients, which are used for healthy vision. They protect eye from UV radiation, elimination of free radicals, and enhancing strong vision. Increasing cases eye health problems such as cataract, glaucoma, diabetic retinopathy, Age-Related Macular Degeneration (AMD) have led to a growth in the application of eye health ingredients in various industries such as Pharmaceuticals, Supplements, Beverages, Oils and Fats, Bakery and Confectionery, Dairy and Frozen Desserts and others
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Eye Health Ingredients Market Key Players
Some of the key players profiled in the Global Eye Health Ingredients Market are
- Allied Biotech Corporation (Taiwan)
- BLUE CALIFORNIA (U.S.)
- BI Nutraceuticals (U.S.)
- FMC Corporation. (U.S.)
- DSM (The Netherlands)
- BASF SE (Germany)
- AIDP Inc. (U.S.)
This report includes a study of strategies such as mergers, acquisitions, and product launches by the major Eye health ingredients players. It further includes product portfolios, developments of leading players, which includes
Eye Health Ingredients Market Key Findings
Demand for lutein is increasing in infant supplements to overcome vision deficiency among children. Consumers are inclined towards OTC (over the counter) supplements for vision health rather than surgical or clinical treatment
Eye Health Ingredients Market Segments
Based on 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 oils and fats, pharmaceuticals, supplements, beverages, 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.
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