Eye Health Supplements Market Research Report - Forecast till 2027

Eye Health Supplements Market: Information by Indication (Age-Related Macular Degeneration (AMD), Cataract, Glaucoma, Eye Fatigue, Corneal Support, Eyelid Conjunctivitis, and others), Product Type (Antioxidant, Neuroprotective, Anti-Inflammatory, and others), Supplement Type (Vitamins, Minerals, Fatty Acids and others), Form (Tablets/Capsules, Liquid, Gels, Gummies, and others), Distribution Channel (Online Pharmacy, Hospital Pharmacy, and Retail Pharmacy) and Region (Americas, Europe, Asia-Pacific & Middle East & Africa) - Forecast till 2027

ID: MRFR/HC/7316-CR | February 2020 | Region: Global | 162 pages

Eye Health Supplements Market Overview:


Supplements for eye health are undergoing excellent demand owing to the tremendous development of various brands in the global eye health supplements market. The key players in the marketplace are having on product development for restoring the vision of people by developing eye health supplements. Also, there is an ongoing attempt to reduce and subsequently nullify the adverse impact of eye diseases, as well as, infections. Many proteins, vitamins, as well as, omega acids are forming as major ingredients in the development of eye health supplements as these help in maintaining eye health and ensure a proper dosage of minerals essential for the body. 


Most eye health supplements include vitamins like C and B1, zinc, as well as, omega-3 fatty acids. Further, for the enhancement of these supplements, there are other key additives like Lutein, as well as, zeaxanthin. The expansion of the global eye health supplements market is experiencing stellar growth. By the end of the global forecast period in 2025, the market is expected to register a 6.36% CAGR growth. The eye health supplements market valuation is expected to rise to USD 9,355.09 million. 


COVID 19 Analysis


The coronavirus pandemic has managed to give a very tough time to most of the manufacturing, developing, production, and logistic units of businesses. However, the healthcare and pharmaceutical sector has recorded some splendid growth. The rising concern of people for a healthier body and lifestyle is turning their interest towards the eye health supplement market. Also, the pandemic has made people question their way of living and the need to opt for healthier methods of living and intake of supplements to maintain the health of their different body parts. 


Eyes are exposed to dust and pollution on an everyday basis and the increased screen time of people along with the work from home situations, are harming eyes. This is pushing people to demand quality eye health supplements. Also, the government in collaboration with the key market players in investing in developments of quality supplements that are catering to the demand for a larger target audience.  


Market Dynamics 


Drivers


Major developments are undergoing in the healthcare sector for a robust system that will act for the betterment of eye care. In this quest for development, the demand for ophthalmology cells is increasing many folds. This is becoming a default unit that is being put to use at a large scale in various hospitals and healthcare centers functioning across the globe. This is acting as a major driving force for the development of eye health supplements in the mushrooming market.


Opportunities


The key market players are working on a large scale and regular availability of eye health supplements that efficiently benefit the target audience. Also, the availability of logistics has an important role to play for positive eye health supplements market growth. Hence, various attempts are being undertaken to establish an extensively functioning supply chain mechanism and distribution channels that will help the market to grow by fulfilling the timely demand by the end of the global forecast year in 2025. 


Technology Analysis


Many doctors and ophthalmologists are recommending the intake of eye health supplements to people who are having issues related to their eyesight, inability to see properly, as well as, blur vision. However, many sets of consumers need to have that awareness related to eye health supplements. The side-effects related to the same remain a question of concern. 


Omega-3 fatty acids are an ingredient of the eye health supplements that are witnessing a robust demand across various regions. All these factors are playing a major role to help the natural supplements for the eye health market register good revenue figures by the end of the global market in 2025. 


Study Objectives



  • To consider the viewpoint of the industry experts and leaders and predict a CAGR and eye health supplements market growth by the end of the global forecast in 2025

  • To analyze the eye health supplements market dynamics like trends, drivers, and opportunities that are likely to plan a role in helping the market and its segments growing in the domestic, as well as, the international market

  • To draw a competitive market landscape and analyze the revenue models of the key market players, globally 


Segment Overview


The eye health supplements market products are being developed under various market segments across the globe. The growth of the global eye health supplements market is largely dependent on these market segments that are bifurcated based on the following: 


Indication


Based on indication, the market discusses various eye issues like AMD, eyelid conjunctivitis, cataract, eye fatigue, corneal support, as well as, glaucoma amongst others.


Product type


Based on the product type, the market includes antioxidants, anti-inflammatory, and neuroprotective products.


Supplement type


Based on the type of supplements,  the eye health supplements include vitamins and minerals, as well as, fatty acids amongst others.


Form


The eye health supplements can be consumed in different forms like gummies, gels, tablets, or capsules, as well as, liquid intake.


Distribution channel 


The problem for distributing these eye health supplements is also resolved with the availability of an online pharmacy, retail stores, as well as, mass availability in-hospital medical shops. 


Regional Analysis


The global eye health supplements market is currently functioning in 5 major geographies of the world. These are North America, the MEA, Latin America, Asia Pacific, as well as, Europe. Based on the functioning of the key market players in different global locations, the North American region is expected to record growth at a stellar pace. The ophthalmology field of practice in North American areas including the USA, as well as, Canada, are attaining a lot of immaculate and grit that is adding to the advantages available to the market and have excellent growth in the region. Following the trend, Europe, as well as, the Asian Pacific region is also likely to project a commendable demand for eye care supplements by the end of the forecast year in 2025. Also, the regional players of these locations are largely focusing on the development of supplements that address the eye issues of a major audience chunk. 


Competitive Landscape


The eye health supplements market growth is largely dependent on the steps taken by the prominent market players of the domestic and global market. Also, this report analyzes the growth and development procedure of these market players to predict the expected CAGR growth and market value by the end of the global forecast period in 2025. The prominent players include: 



  • EyeScience

  • NUSAPURE

  • Amway

  • Akron Incorporated

  • Nordic Naturals

  • Alcon

  • Pfizer Inc.

  • Vitabiotics limited

  • Alliance Pharma PLC

  • Bausch and Lomb Incorporated 


The prominent players of the market are developing and implementing a huge variety of growth strategies. The motive behind this to reach a competitive edge and gain an advantage over the other competitive players in the global eye health supplements market. Also, they are undergoing and adapting competitive strategies mentioning the recent deals and large-scale investments for developing various kinds of eye health supplements. 


Recent Developments



  • Many prominent players are functioning in high volume for the development of the eye health supplements market product to solidify their position as dominant players across the globe.

  • In December 2019, PreserVision AREDS 2 Formula mini gel eye vitamins were introduced by Bausch and Lomb Incorporated. This was a development in the USA.

  • In June 2020, an Indian origin company - Netsurf, launched 3 products to deal with prominent lifestyle issues and disorders. One of these was Naturamore Eyecare that was developed for maintaining the eye’s health.

  • In October 2020, an emerging dietary supplements provider - NaturesWay, invested in the production of supplements for kids and ensuring better health for them. They announced the launch of such products to cater to different health needs of children. These launched products include a product called NaturesWay Healthy Eyes. This is a supplement for better health and functioning of the eye. 


Intended Audience



  • Government sector and related bodies

  • Research and development companies and initiatives

  • Hospitals and healthcare centers

  • Retail sector

  • Online pharma stores 


Report Overview 


The global eye health supplements market strives for the evaluation of the current, as well as, the future growth prospects available for the market. The report also discusses the eye health supplements market size, untapped avenues, market dynamics like drivers, restraints, and opportunities for the revenue potential, and considering the demand, supply and consumption graph. These patterns are studied region-wise and gradually, the global factors for growth are also discussed. The report mentions the strategies of the key market players to emerge as a dominant force and this report subsequently draws a competitive market landscape. The eye health supplements market report also discusses the recent developments by market players of different geographies around the globe to have a better understanding of the competition, product development, key growth strategies, and determine the future of the market by the end of the global forecast in 2025.



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This table of content is tentative and subject to change as the research progresses.

Please Note:  Financial details of company cannot be provided if the information of the company is not available in public domain and or reliable source.