Eye Health Supplements Market- Industry Analysis and Forecast 2022-2027: By Ingredient Type, Indication, Formulation, and Region

Eye Health Supplements Market is expected to reach USD 2.14 billion by 2027, with a CAGR of 6.1 % between 2021 and 2027. Eye Health Supplements are supplements that aid in the maintenance of a person's eye health. They're also fantastic for reducing and eliminating the symptoms of infections and eye problems. By integrating qualitative and quantitative data, the report provides a full view of the market. It investigates the global Eye Health Supplements Market in-depth, as well as forecasts for the major categories. For the years 2021 to 2027, it also contains market size and forecast estimations for five important regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. Within each location, the Eye Health Supplements Market is further divided into countries and sectors. Eye Health Supplements Market To know about the Research Methodology :- Request Free Sample Report In the report, 2021 is considered a base year however 2021’s numbers are on the real output of the companies in the market. Special attention is given to 2021 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and a specific strategic analysis of those companies is done in the report.

Eye Health Supplements Market Dynamics

Over the forecast period, the rising prevalence of eye problems among the elderly would propel the global Eye Health Supplements Market to considerable growth. As people become older, they are more likely to develop numerous eye disorders that require treatment in order to maintain eye health. The Eye Health Supplements Market is a fantastic tool to combat the eye diseases that occur as people age. Macular degeneration, refractive errors, cataracts, inflammation, diabetic retinopathy, corneal opacity, trachoma, and dry eye syndrome are just a few of the disorders that may be treated with the help of the market. The market will grow considerably during the forecast period due to an increase in the number of eye problems that will occur in the coming years. Exposure to blue light is growing as a result of the increased usage of smart devices and displays, which is expected to boost the market substantially during the forecast period. The market is expected to be hampered by strict restrictions governing the production of eye health products. For example, in June 2020, India's Food Safety and Standards Authority of India (FSSAI) issued an alert to all state food safety commissioners to ensure that the recommended dietary allowances (RDA) values of health supplements, including eye health supplements such as vitamins, minerals, and amino acids, do not exceed the required RDA. Increasing market presence through collaborations and acquisitions Leading organizations in the global eye health supplements market are attempting to strengthen their positions in the landscape by acquiring small and regional manufacturing enterprises. To increase sales and market share, manufacturers are using commercial and social media campaigns to advertise their products in the market. In June 2016, Alcon Laboratories, a Novartis business, partnered with Hollywood actress Cheryl Ladd to create a cataract awareness campaign in the United States. This is anticipated to increase public awareness of cataracts and encourage people to use eye health supplements.

Eye Health Supplements Market Segmentation Analysis

By Formulation, in 2021, the tablets segment dominated the eye health supplement market, accounting for 40.6 percent of total sales. Due to their wide availability in various forms such as chewable tablets, sustained-release tablets, and sublingual and buccal tablets, eye health vitamins are becoming increasingly popular in tablet format. Tablets are also driving the market since they are less expensive than other supplement forms and have wide popularity among patients of all ages. Another element boosting demand for tablet formulations is the longer shelf life of tablets compared to powder and liquid forms. The soft gels segment, on the other hand, is expected to grow at a high rate throughout the forecast period. Soft gels are a great way to get liquid or oil-based nutrients into your body. Researchers believe that supplements supplied in their natural form are more beneficial than ones that have been changed. Additionally, nutrients such as fish oil and krill oil are usually encapsulated in soft gels to avoid side effects that might alter the flavor and scent of the oils. Furthermore, the industry is being driven by the increased availability of soft gel eye health dietary supplements by prominent brands such as Nature's Bounty, VisionShield, GNC, Viteyes, and NOW at moderate costs.

Eye Health Supplements Market Regional Insight

North America had the greatest revenue share of 35.6 percent in the market in 2021. The rising prevalence of chronic eye disorders, particularly AMD, diabetic retinopathy, glaucoma, and dry eye syndrome, as well as growing awareness and widespread availability of commercialized eye health supplements, are some of the key factors contributing to North America's leading revenue share. Another significant factor driving market expansion in North America is a rise in product releases for eye health supplements in the area. However, the market in the Asia Pacific is expected to rise at a high rate throughout the forecast period. Factors propelling the market in the area include the existence of a significant number of local market participants offering innovative and cheap eye health supplements, as well as rising contract manufacturing hubs for eye health supplements such as China, India, and the Philippines. Secondly, increased eye health awareness has a favourable influence on regional market growth. In addition, the rising frequency of eye-related illnesses in Asian nations is likely to be a major market driver. According to a survey issued by the International Finance Corporation, China is seeing a 6.0 percent yearly growth in blindness cases, with the country housing roughly one-fifth of the world's blind population. Report Objectives: • Landscape analysis of the Eye Health Supplements Market • competitive benchmarking • Past and current status of the industry with the forecasted market size and trends • Evaluation of potential key players that include market leaders, followers, and new entrants • Technology trends • The potential impact of micro-economic factors on the market • External and Internal factors affecting the market have been analyzed The report also helps in understanding the Eye Health Supplements Market dynamics, and structure by analyzing the market segments to project the Eye Health Supplements Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Eye Health Supplements Market make the report investor’s guide.

Eye Health Supplements Market Scope: Inquiry Before Buying

 Eye Health Supplements Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US $ 1.50 Bn
Forecast Period 2022 to 2027 CAGR: 6.1 % Market Size in 2027: US $ 2.14 Bn.
Segments Covered: by Ingredient Type • Lutein and Zeaxanthin • Antioxidants • Omega-3 Fatty acids • Coenzyme Q10 • Flavonoids • Alpha-Lipoic Acid • Astaxanthin • Other Supplements
by Indication • Age-related Macular Degeneration (AMD) • Cataract • Dry Eye Syndrome • Inflammation • Others
by Formulation • Tablets • Capsules • Powder • Softgels • Liquid

Eye Health Supplements Market by Region

• North America • Europe • Asia pacific • The Middle East and Africa • South America

Eye Health Supplements Market: Key Players

• The Nature's Bounty Co. • Vitabiotics Ltd. • Pfizer Inc. • Amway International • Bausch & Lomb • Nutrivein • ZeaVision LLC • Kemin Industries, Inc. • EyeScience • Nutrachamps • Biosyntrx Inc. • Nordic Naturals Inc. • Bristol-Myers Squibb Company • Healths Harmony USA Supplements LLC • NUSAPURE • Life Extension • OmniActive Health Technologies • Algatechnologies • Alliance Pharma • NovaBay Frequently Asked Questions 1. What is the projected market size & growth rate of the Eye Health Supplements Market? Ans- The Eye Health Supplements Market was valued at USD 1.50 billion in 2021 and is projected to reach USD 2.14 billion by 2027, growing at a CAGR of 6.1 % during the forecast period. 2. What is the key driving factor for the growth of the Eye Health Supplements Market? Ans- Over the forecast period, the rising prevalence of eye problems among the elderly would propel the global Eye Health Supplements Market to considerable growth. 3. Which Region accounted for the largest Eye Health Supplements Market share? Ans- North America had the greatest revenue share of 35.6 percent in the market in 2021. 4. What makes the Asia Pacific a Lucrative Market for Eye Health Supplements Market? Ans- the existence of a significant number of local market participants offering innovative and cheap eye health supplements. 5. What are the top players operating in the Eye Health Supplements Market? Ans- The Nature's Bounty Co., Vitabiotics Ltd., Pfizer Inc., Amway International, Bausch & Lomb, and Nutrivein.
1. Global Eye Health Supplements Market: Research Methodology 2. Global Eye Health Supplements Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to the Global Eye Health Supplements Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Eye Health Supplements Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Eye Health Supplements Market Segmentation 4.1 Global Eye Health Supplements Market, by Ingredient Type (2021-2027) • Lutein and Zeaxanthin • Antioxidants • Omega-3 Fatty acids • Coenzyme Q10 • Flavonoids • Alpha-Lipoic Acid • Astaxanthin • Other Supplements 4.2 Global Eye Health Supplements Market, by Indication (2021-2027) • Age-related Macular Degeneration (AMD) • Cataract • Dry Eye Syndrome • Inflammation • Others 4.3 Global Eye Health Supplements Market, by Formulation (2021-2027) • Tablets • Capsules • Powder • Softgels • Liquid 5. North America Eye Health Supplements Market (2021-2027) 5.1 North American Eye Health Supplements Market, by Ingredient Type (2021-2027) • Lutein and Zeaxanthin • Antioxidants • Omega-3 Fatty acids • Coenzyme Q10 • Flavonoids • Alpha-Lipoic Acid • Astaxanthin • Other Supplements 5.2 North America Eye Health Supplements Market, by Indication (2021-2027) • Age-related Macular Degeneration (AMD) • Cataract • Dry Eye Syndrome • Inflammation • Others 5.3 North America Eye Health Supplements Market, by Formulation (2021-2027) • Tablets • Capsules • Powder • Softgels • Liquid 5.4. North America Eye Health Supplements Market, by Country (2021-2027) • United States • Canada • Mexico 6. European Eye Health Supplements Market (2021-2027) 6.1. European Eye Health Supplements Market, by Ingredient Type (2021-2027) 6.2. European Eye Health Supplements Market, by Indication (2021-2027) 6.3 European Eye Health Supplements Market, by Formulation (2021-2027) 6.4. European Eye Health Supplements Market, by Country (2021-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Eye Health Supplements Market (2021-2027) 7.1. Asia Pacific Eye Health Supplements Market, by Ingredient Type (2021-2027) 7.2. Asia Pacific Eye Health Supplements Market, by Indication (2021-2027) 7.3 Asia Pacific Eye Health Supplements Market, by Formulation (2021-2027) 7.4. Asia Pacific Eye Health Supplements Market, by Country (2021-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Eye Health Supplements Market (2021-2027) 8.1. Middle East and Africa Eye Health Supplements Market, by Ingredient Type (2021-2027) 8.2. Middle East and Africa Eye Health Supplements Market, by Indication (2021-2027) 8.3 Middle East and Africa Eye Health Supplements Market, by Formulation (2021-2027) 8.4. Middle East and Africa Eye Health Supplements Market, by Country (2021-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Eye Health Supplements Market (2021-2027) 9.1. Latin America Eye Health Supplements Market, by Ingredient Type (2021-2027) 9.2. Latin America Eye Health Supplements Market, by Indication (2021-2027) 9.3 Latin America Eye Health Supplements Market, by Formulation (2021-2027) 9.4. Latin America Eye Health Supplements Market, by Country (2021-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Pfizer Inc. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. The Nature's Bounty Co. 10.3. Vitabiotics Ltd. 10.4. Pfizer Inc. 10.5. Amway International 10.6. Bausch & Lomb 10.7. Nutrivein 10.8. ZeaVision LLC 10.9. Kemin Industries, Inc. 10.10. EyeScience 10.11. Nutrachamps 10.12. Biosyntrx Inc. 10.13. Nordic Naturals Inc. 10.14. Bristol-Myers Squibb Company 10.15. Healths Harmony USA Supplements LLC 10.16. NUSAPURE 10.17. Life Extension 10.18. OmniActive Health Technologies 10.19. Algatechnologies 10.20. Alliance Pharma 10.21. NovaBay

About This Report

Report ID 84897
Category Healthcare
Published Date March 2021
Updated Date May 2022
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