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Eye Health Ingredients Market Growth By Top Key Players - MacuShield, Alcon, Amway, Bausch & Lomb, Efamol, Solgar and Swanson
Eye Health Ingredients Market, Eye Health Ingredients Market Study, Eye Health Ingredients Market Size, Eye Health Ingredients Mar
Eye Health Ingredients Market size is projected to exceed USD 290 million by 2024. U.S. eye health ingredients market could witness over 5% growth through to 2024. Growing consumer health consciousness coupled with increasing product launches will drive the regional demand. Low vision and blindness is observed in over 3.2 million people in the North America in 2015, which is estimated to surpass 6 million by 2024..
This report focuses on the top Manufacturers and players in global market are given bellow:-
Allied Biotech, FMC Corporation, DSM and BASF. MacuShield, Alcon, Amway, Bausch & Lomb, Efamol, Solgar and Swanson
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Rising diseases including age-related macular degeneration (AMD), diabetic retinopathy, glaucoma and cataracts will propel product demand. Protection from UV radiation, elimination of free radicals and enhancing strong vision are other key features stimulating the industry growth.
Zeaxanthin and Lutein are the broadly used eye care ingredients, high efficiency and effectiveness in lower dosages causes low zeaxanthin consumption compared to lutein. Lutein will witness CAGR exceeding 6.5% up to 2024. Rising demand for infant supplementary to overcome vision deficiency among children are the main factors driving lutein demand.
Bilberry extracts will be worth over USD 25 million by 2024. Potential application outlook in healthcare industry to treat vision disorders will enhance the product penetration. Retinal health enhancement and blood sugar level maintenance are the key substantial benefits.
Demand for animal eye health ingredients market will witness over 7% growth up to 2024. Preventive care among owners of pet and commercial animal will remain a key driving factor for the segment.
Eye Health Ingredients Market Size By Product (Bread, Rolls, Cakes [Pancakes, Muffins, Pound Cakes], Pizza Crust, Donuts, Pastries)
By Distribution Channel (Convenience Stores, Hypermarket & Supermarket, Artisan Bakers, Catering & Industrial, Quick Service Restaurants)
Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, Argentina, South Africa, GCC)
Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 - 2024
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Shifting consumer preference towards naturally sourced products will drive the industry growth. Synthetic eye health ingredients market is driven by low processing costs with high benefits which will impact natural eye health ingredients market price trend.
High surgery costs are the factors influencing consumers toward OTC supplements to avoid substantial costs on clinical treatments. Development and innovation in terms of product personalization and customization will be a key strategy for the nutraceutical industry.
Capsule, soft gel & tablets accounted for more than 40% of the industry share in 2016. Reduced side effects along with ease in consumption are the factors positively influencing the product penetration.
Age related macular degeneration treatment is the leading segment for the product consumption. Rising dry eye syndrome diseases globally is another factor fueling the eye health ingredients market.
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