Zeaxanthin Market Poised to Exceed $300 Million by 2030, Predicts MarkWide Research

MarkWide Research has unveiled an in-depth report titled, “Zeaxanthin Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2030.” The global Zeaxanthin market is anticipated to experience significant growth, projecting a Compound Annual Growth Rate (CAGR) of 5.4% during the forecast period from 2023 to 2030.

Zeaxanthin is a natural carotenoid pigment found in various fruits and vegetables, known for its antioxidant properties and beneficial effects on eye health. The increasing awareness of nutrition’s role in maintaining visual health and the growing aging population are driving the adoption of zeaxanthin supplements.

Key insights from the report include:

1. Eye Health and Antioxidant Benefits: Zeaxanthin is a key component of the macular pigment in the eyes, contributing to visual health by protecting against harmful blue light and oxidative stress. Its antioxidant properties are linked to reduced risk of age-related macular degeneration (AMD).
2. Nutritional Supplements: Zeaxanthin supplements are becoming popular as part of eye health formulations, often combined with other nutrients like lutein. The aging population and increased screen time contribute to the demand for supplements that support vision.
3. Functional Foods and Beverages: Zeaxanthin is used in the formulation of functional foods and beverages targeting eye health. The demand for convenient and health-promoting products aligns with the growth of this application in the market.
4. Market Dynamics: The report outlines regional trends, with North America and Europe being significant markets due to their aging populations and focus on preventive healthcare. The Asia-Pacific region is also poised for growth due to increasing health consciousness.
5. Challenges and Opportunities: While the market presents significant growth potential, challenges such as consumer education, product quality, and regulation compliance need attention. Collaboration between the food and supplement industries, along with scientific research, is crucial for market expansion.

The report provides a comprehensive analysis of the competitive landscape within the zeaxanthin market. Notable players include:

• DSM Nutritional Products
• Kemin Industries, Inc.
• OmniActive Health Technologies Ltd.
• BASF SE
• FMC Corporation
• Allied Biotech Corporation
• Lycored Corp.
• Chrysantis, Inc. (IFF Health)
• Jingjing Pharmaceutical Co., Ltd.
• Chenguang Biotech Group Co., Ltd.

MarkWide Research underscores the significance of scientific research, consumer awareness, and product innovation to drive growth in the evolving zeaxanthin market.

In conclusion, the global zeaxanthin market is set for significant growth as consumers seek natural solutions for maintaining visual health. With a projected CAGR of 5.4% during the forecast period, investors and stakeholders have a unique opportunity to contribute to the advancement of eye health solutions.