Frequently Asked Questions
The global blue light protection ingredients market was valued at USD 0.8 Billion in 2022.
The blue light protection ingredients market is anticipated to grow at a CAGR of 8.9% between 2023 and 2030, reaching USD 1.45 Billion in 2030.
Solid is the leading segment by form type, holding over 52% share in terms of value in 2022.
The coffee berry segment governs the demand for blue light protection ingredients worldwide, holding a massive share of over 34% in 2022.
The body care products segment will post the highest CAGR in the projected period.
Asia Pacific is fuelling the rapid growth of the blue light protection ingredients industry, with an over one-third share in 2022.
The top players include Clariant, Croda International Plc, BASF SE, Honeywell International Inc, and Rahn AG. Other major players include Lonza Group AG, Evonik Industries AG, Essilor, Swanwick, and Spektrum Glasses.
The major market drivers of the blue light protection ingredients industry are increasing digital device usage and growing consumer awareness of the harmful effects of blue light exposure.
The major market restraints of the blue light protection ingredients industry include the lack of standardized regulations and limited scientific evidence regarding the long-term effects of blue light exposure.
The major market opportunities of the blue light protection ingredients industry lie in technological advancements and emerging market prospects, driven by the rising demand for skincare and cosmetic products that offer blue light protection.