The global Zeaxanthin Market research report 2028, as published by Data bridge Market Research, provides insights into the current global outlook and key regions, examining Major Players, Countries, Product Types, and end industries. It focuses on top players in the global market and categorizes the market based on several parameters.
This Zeaxanthin market research report identifies the competitive landscape of industries, offering a comprehensive understanding of international competition. The study outlines the anticipated growth of the global market during forecast period. Compiled with a blend of static and dynamic perspectives, this research report captures the essence of the businesses views.
Data Bridge Market Research analyses that the global zeaxanthin market will project a CAGR of 8.20% for the forecast period of 2021-2028.
Top Companies in the Global Zeaxanthin Market:
BASF SE, DSM, Kemin Industries, Inc., Lycored, Chrysantis, Inc., Shaanxi Xinheng-Longteng Bio-Tech, Nanjing Zelang Medical Technology Co. Ltd, Inner Mongolia Ever Brilliance Biotechnology Co., Ltd, Valensa International, OmniActive Health Technologies, IOSA Industrial Orgánica of Av., Kalsec, Inc., Bio-gen Extracts Private Limited, Zhengzhou Meiya Chemical Products Co. Ltd., Novus International, Inc., Bausch Lomb Incorporated, Sabinsa., KINGHERBS, Chr. Hansen Holding A/S, among others.
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Market Segmentation:
The zeaxanthin market is segmented on the basis of product type, form, and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the global zeaxanthin market is segmented into synthetic zeaxanthin and natural zeaxanthin.
- On the basis of form, the global zeaxanthin market is segmented into oil, powder and bead-lets.
- On the basis of end user, the global zeaxanthin market is segmented into dietary supplement, food and beverage, cosmetics, and others. Others segment is further sub-segmented into nutraceuticals and others.
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
– North America (United States, Mexico Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Europe dominates the zeaxanthin market and will continue to excel its dominance during the forecast period. Germany, Denmark and Netherlands will emerge as the major contributors from this region as they are the homes to many manufacturers. Asia-Pacific on the other hand will project the highest CAGR owing to rising eye related diseases/ disorders, increasing awareness about zeaxanthin, urbanization, globalization, westernization, changing lifestyle, and increasing personal disposable income.
The country section of the zeaxanthin market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
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Zeaxanthin belongs to the class of carotenoids, the consumption of which results in the reduction of age related macular degeneration (AMD). Zeaxanthin is the most abundant form of carotenoid. Age related macular degeneration (AMD) is a root cause for eye blindness. Therefore, zeaxanthin can be consumed in the form of dietary supplements or other pharmaceutical drugs. The major sources of zeaxanthin are the green vegetables such as spinach, cabbage, broccoli, kale, peas and so on. Zeaxanthin in fruits and vegetables is responsible for their color and can also be found in plants.
Rising personal disposable income and growing awareness about the sources of zeaxanthin are the major factors fostering the growth of the zeaxanthin market. Changing lifestyle, shifting consumer preference from high calorie food items to healthy food and beverages at reasonable prices and ever-rising global geriatric population are other important factors acting as zeaxanthin market growth determinants. Rising prevalence of eye related disorders, growth in the demand for natural and organic food items and drinks, and surge in the demand for cosmetics and other skin care related products will further induce growth in the zeaxanthin market value. Rising focus of the advacements in science and technology and increased application by the pharmaceutical industry will also carve the way for the growth of zeaxanthin market.
However, stringent regulations in regards to the approval will pose a major challenge to the growth of the zeaxanthin market. Lack of awareness in the underdeveloped economies will further restrict the scope of growth for the trail mix snacks market. Fluctuations in the prices of pharmaceutical packaging materials and lack of standardized supply chain in developing countries among the vendors have further adversely affected the demand and supply of zeaxanthin.
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