Eye Health Ingredients Market is Gaining Momentum with Allied Biotech Corporation, Efamol, BI Nutraceuticals

Market Overview:
Global Eye Health Ingredients Market was valued at USD 364.94 Million in 2021 and is expected to reach USD 552.37 Million by the year 2028, at a CAGR of 6.1%.

The eyes are organs that are combined. Many parts should cooperate to make a reasonable vision. As the number of older people and people who spend their entire day staring at screens grows, so does the demand for ingredients and products that focus on eye health. Because the eyes are directly connected to the brain's central nervous system, research shows that eye health is linked to overall mental and emotional health. This requirement is even more important. In addition, adding potent vitamins, minerals, and antioxidants to your diet can improve your vision and overall eye health.

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Market Dynamics:
Driver:
Consumer awareness of the benefits of carotenoids, lutein, and zeaxanthin for eye health is growing steadily. During the forecast period, product demand will rise as a result of an increase in the number of eye supplements introduced. In 2016, eye supplements accounted for more than 4% of all supplement launches worldwide. Product penetration is primarily increased by preserving clear vision, eliminating free radicals, and protecting against UV radiation. Additionally, the factors driving growth in the eye health ingredients market are rising consumer demands for vision nutrition as a result of rising age-related eye diseases.

Opportunities:
Rising Research And Development Activities
Eye health ingredients are used in the manufacturing of dietary supplements, functional foods, and beverages that promote eye health and prevent age-related eye diseases. The growing prevalence of eye diseases, such as age-related macular degeneration, cataract, and glaucoma, has led to an increased demand for eye health ingredients. As a result, manufacturers of eye health products are investing heavily in R&D activities to develop innovative products that are more effective in promoting eye health.

𝐈𝐟 𝐲𝐨𝐮 𝐚𝐫𝐞 𝐚 𝐄𝐲𝐞 𝐇𝐞𝐚𝐥𝐭𝐡 𝐈𝐧𝐠𝐫𝐞𝐝𝐢𝐞𝐧𝐭 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫 𝐚𝐧𝐝 𝐰𝐨𝐮𝐥𝐝 𝐥𝐢𝐤𝐞 𝐭𝐨 𝐜𝐡𝐞𝐜𝐤 𝐨𝐫 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝 𝐭𝐡𝐞 𝐩𝐨𝐥𝐢𝐜𝐲 𝐚𝐧𝐝 𝐫𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐲 𝐩𝐫𝐨𝐩𝐨𝐬𝐚𝐥𝐬, 𝐝𝐞𝐬𝐢𝐠𝐧𝐢𝐧𝐠 𝐜𝐥𝐞𝐚𝐫 𝐞𝐱𝐩𝐥𝐚𝐧𝐚𝐭𝐢𝐨𝐧𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐬𝐭𝐚𝐤𝐞𝐬, 𝐩𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐰𝐢𝐧𝐧𝐞𝐫𝐬 𝐚𝐧𝐝 𝐥𝐨𝐬𝐞𝐫𝐬, 𝐚𝐧𝐝 𝐨𝐩𝐭𝐢𝐨𝐧𝐬 𝐟𝐨𝐫 𝐢𝐦𝐩𝐫𝐨𝐯𝐞𝐦𝐞𝐧𝐭 𝐭𝐡𝐞𝐧 𝐭𝐡𝐢𝐬 𝐚𝐫𝐭𝐢𝐜𝐥𝐞 𝐰𝐢𝐥𝐥 𝐡𝐞𝐥𝐩 𝐲𝐨𝐮 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝 𝐭𝐡𝐞 𝐩𝐚𝐭𝐭𝐞𝐫𝐧 𝐰𝐢𝐭𝐡 𝐈𝐦𝐩𝐚𝐜𝐭𝐢𝐧𝐠 𝐓𝐫𝐞𝐧𝐝𝐬. 𝐂𝐥𝐢𝐜𝐤 𝐓𝐨 𝐠𝐞𝐭 𝐒𝐀𝐌𝐏𝐋𝐄 𝐏𝐃𝐅 (𝐈𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠 𝐅𝐮𝐥𝐥 𝐓𝐎𝐂, 𝐓𝐚𝐛𝐥𝐞 & 𝐅𝐢𝐠𝐮𝐫𝐞𝐬)
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Market Segmentation
Segmentation Insights
Based on Ingredient Type, lutein and zeaxanthin are projected to account for the largest share in the market during the forecast period. Lutein and zeaxanthin are highly used eye health ingredients in the sector. Growing potential usage in formulated supplementary food and infant formula products will improve the lutein market size. They are generally combined with other beneficial health components, which include antioxidant vitamins A, E, C, B (B6 & 12) and blueberry extracts, as a basis of anthocyanins, omega-3 fatty acids, and minerals such as selenium and zinc. Growing demand from the medical and food industry due to its strong efficiency with less concentration will boost the zeaxanthin market size.
• Beta Carotene
• Vitamin A
• Lutein
• Zeaxanthin
• Others

Based on Source, the natural source segment is projected to dominate the market over the forecast period. Switching consumer preference to naturally sourced products especially in Europe and North America will improve the natural eye health ingredients market growth. Increasing consumer consciousness towards sufferings from chemically synthesized product utilization will accelerate the demand for its natural counterpart.
• Natural
• Synthetic

Based on Form, capsule & tablets are projected to register the maximum share in the market during the forecast period, owing to its ease in utilization and reducing stomach upset possibility characteristics
• Soft Gel
• Capsule & Tablets
• Liquid
• Powder

Based on Application, the human application segment is strongly registered the market share. Growing vision issues at an early age such as macular degeneration, cataracts, and glaucoma have influenced product demand in this segment. Rising surgery expenditures is another factor encouraging customers towards OTC supplements to avoid high expenses on hospitals.
• Human
• Animal

Based on Disease Indication, age-related macular degeneration disease is projected to account for the maximum share over the forecast period. The eye health ingredients market is mainly utilized in age-related macular degeneration disease. According to, age-related macular degeneration (AMD) Alliance International, about 26 to 32 million individuals worldwide are suffering from AMD. In addition, the institute also monitored the baby boomers' generation gets older, the cases will increase and triple by 2024. This is owing to rising age, the level of pigment in macula reduces naturally, in that way increasing the risk of AMD.

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Regional Insights
North America region is projected to dominate the Eye Health Ingredients Market owing to the growing cases of eye problems and increasing number of launches of new eye health ingredient products in this region. The key causes of blindness and low vision in the United States are mainly age-related eye diseases including age-related macular degeneration, cataract, diabetic retinopathy, and glaucoma. More consumer spending on drugs and pharmaceuticals will also boost this eye health ingredients market in the region.

In Europe, the eye health ingredients market is projected to witness high gains during the forecast period. Growing consumer spending on healthcare and medicines will accelerate the regional demand. The country Russia is a major product utilization nation due to its high geriatric population.

Asia Pacific region is projected to account for the significant growth rate for the eye health ingredients market, owing to the region is leading in the overall dietary ingredient sector. Growing disposable income and increasing consumer interest regarding healthy lifestyle particularly in China, Japan and India will boost the regional demand.
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)

Players Covered in Eye Health Ingredients market are:
• Allied Biotech Corporation (Taiwan)
• Efamol
• MacuShield
• BASF SE (Germany)
• (U.S.)
• AIDP Inc. (U.S.)
• BI Nutraceuticals (U.S.)
• BLUE CALIFORNIA (U.S.)
• Amway
• DSM (The Netherlands)
• Alcon
• Solgar
• Swanson
• FMC Corporation and others.

Key Industry Developments
1. In April 2019, Algatechnologies, Ltd, declared that the introduction of AstaPure-EyeQ, a natural cold water-soluble astaxanthin powder to defense the eye from radiation and oxidative stress.

2. In October 2015, DSM and Kemin declared that the introduction of two new products, OPTISHARP Zeaxanthin and FloraGLO Lutein to spread their product portfolio in the vision health solutions market.

Frequently Asked Questions (FAQ):
Q1: What is the projected growth rate of the Eye Health Ingredients Market in the next SIX years?

Q2: What are the key factors driving the growth of the Eye Health Ingredients Market?

Q3: What are the major challenges faced by the Eye Health Ingredients Market?

Q4: Who are the key players operating in the Eye Health Ingredients Market, and what are their market shares?

Q5: What are the emerging trends in the Eye Health Ingredients Market?

Q6: Which regions are expected to exhibit significant growth in the Eye Health Ingredients Market?

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