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Eye Health Supplements Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
Report Format: PDF+Excel | Report ID: SR112023A3719
Market Overview:
The global eye health supplements market is expected to exhibit a CAGR of 6.25% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Eye health supplements are fortified products consumed to help preserve the vision and maintain overall eye health. They contain nutrients that reduce the risk of cataracts, age-related macular degeneration (AMD) and other vision-disorders, which may further lead to partial or complete blindness. Moreover, vitamins are generally prescribed in combination with other essential nutrients to slow the progression of visual acuity loss and protect the cells from free radicals. Presently, there is a rise in the demand for eye health supplements across the globe as several research studies are showing that essential fatty acids are beneficial for proper visual and retinal function.
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Eye Health Supplements Market Trends:
The continuous use of computers, tablets, and smartphones is increasing the risk of developing computer vision syndrome (CVS) and myopia. This represents one of the significant factors influencing the demand for eye health supplements worldwide. Moreover, the eyes produce fewer tears with age, which can further lead to AMD, cataracts, presbyopia, glaucoma, dry eyes, and temporal arteritis. The rising geriatric population, in confluence with the increasing awareness among individuals about the alternatives available for preventing different eye conditions, is also contributing to the market growth. Apart from this, governing agencies of numerous countries are supporting clinical studies to improve the understanding of nutrients on eye health. Additionally, several companies are entering strategic partnerships with healthcare businesses to expand their market share. This is anticipated to present lucrative opportunities to manufacturers and strengthen the market growth in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global eye health supplements market report, along with forecasts for growth at the global and regional level from 2022-2027. Our report has categorized the market based on ingredient type, indication and formulation.
Breakup by Ingredient Type:
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- Lutein and Zeaxanthin
- Antioxidants
- Omega-3 Fatty Acids
- Coenzyme Q10
- Flavonoids
- Alpha-Lipoic Acid
- Others
Breakup by Indication:
- Age-related Macular Degeneration (AMD)
- Cataract
- Dry Eye Syndrome
- Inflammation
- Others
Breakup by Formulation:
- Tablets
- Capsules
- Powder
- Others
Breakup by Region:
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- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alliance Pharma PLC, Amway International (Alticor), Bausch & Lomb Incorporated, Eyescience Labs, Kemin Industries Inc., Novartis AG, NutraChamps, Nutrivein, Pfizer Inc., The Nature's Bounty Co., Vitabiotics Ltd. and ZeaVision LLC.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2021 |
| Historical Period | 2016-2021 |
| Forecast Period | 2022-2027 |
| Units | US$ Million |
| Segment Coverage | Ingredient Type, Indication, Formulation, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Alliance Pharma PLC, Amway International (Alticor), Bausch & Lomb Incorporated, Eyescience Labs, Kemin Industries Inc., Novartis AG, NutraChamps, Nutrivein, Pfizer Inc., The Nature's Bounty Co., Vitabiotics Ltd. and ZeaVision LLC |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report
We expect the global eye health supplements market to exhibit a CAGR of 6.25% during 2022-2027.
The growing cases of ocular disorders specifically among the geriatric population, coupled with the increasing consumer awareness towards the availability of various eye health supplements that aid in proper visual and retinal function, are primarily driving the global eye health supplements market.
The sudden outbreak of the COVID-19 pandemic has led to the rising demand for eye health supplements on account of the prolonged exposure to computers, phones, and tablets during remote working models and online classes.
Based on the ingredient type, the global eye health supplements market can be segmented into lutein and zeaxanthin, antioxidants, omega-3 fatty acids, coenzyme Q10, flavonoids, alpha-lipoic acid, and others. Currently, the lutein and zeaxanthin segment holds the majority of the total market share.
Based on the indication, the global eye health supplements market has been divided into Age-related Macular Degeneration (AMD), cataract, dry eye syndrome, inflammation, and others. Among these, Age- related Macular Degeneration (AMD) exhibits a clear dominance in the market.
Based on the formulation, the global eye health supplements market can be categorized into tablets, capsules, powder, and others. Currently, tablets account for the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global eye health supplements market include Alliance Pharma PLC, Amway International (Alticor), Bausch & Lomb Incorporated, Eyescience Labs, Kemin Industries Inc., Novartis AG, NutraChamps, Nutrivein, Pfizer Inc., The Nature's Bounty Co., Vitabiotics Ltd., and ZeaVision LLC.
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