Eye Health Supplements Market Insights and Analysis by Indication, Product Type, Supplement, Form, Distribution Channel and Region- Forecast till 2030
The most recent research report from Market Research Future (MRFR) predicts that the global market for eye health supplements will grow at a strong rate of 6.10% between 2023-2030. It is anticipated that the market for supplements for eye health would be worth USD 1.68 billion by 2030
Supplements for better eye health and the prevention of ophthalmological illnesses like glaucoma and cataracts are known as eye health supplements. Antioxidants and anti-inflammatory supplements are two examples of eye health supplements that can help improve the tissues and muscles surrounding the eyes as well as the eyes themselves. This prevents eye disorders and keeps the eyes healthy until old life. The world's ageing population, which frequently has age-related macular degeneration and may have a range of eye disorders, is a significant market driver for eye health supplements.
As the ageing population has grown to be a significant consumer demographic for eye health supplements, it has thus been a primary driving force behind the global market for these products. Over the course of the projection period, the high disposable income of the elderly will continue to be a key market driver for eye health supplements worldwide.
Over the course of the forecast period, diabetes and cardiovascular diseases are expected to continue to be important drivers for the global market for eye health supplements due to their rising prevalence as lifestyle disorders that can lead to eye problems. Damage to the blood arteries is a common complication of diabetes and cardiovascular conditions. Due to the fact that the blood arteries in the eyes are some of the thinnest and weakest blood vessels in the body, this frequently affects them. Because diabetics want to prevent eye-related consequences from the condition, the rising prevalence of diabetes is a significant market driver for eye health supplements. Another significant factor driving the global eye health supplements market is the increase in manufacturers. Over the projected period, the global market for eye health supplements is expected to continue to be primarily driven by the rising prevalence of chronic eye illnesses.
Segmentation:
The global eye health supplements market trends is segmented on the basis of indication, product type, supplement type, form, distribution channel, and region.
By indication, the global eye health supplements market is segmented into age-related macular degeneration (AMD), cataracts, glaucoma, eye fatigue, corneal support, eyelid conjunctivitis, and others.
By product type, the global eye health supplements market is segmented into antioxidants, neuroprotective compounds, anti-inflammatory compounds, and others.
By supplement type, the global eye health supplements market is segmented into vitamins, minerals, fatty acids, and others.
By form, the global eye health supplements market is segmented into tablet/capsule, liquid, gels, gummies, and others.
By distribution channel, the global eye health supplements market is segmented into online pharmacies, hospital pharmacies, and retail pharmacies.
Competitive Leaderboard:
The number global eye health supplements market players is likely to increase in the coming years, as manufacturing eye health supplements is relatively easy and any player with a basic capability in producing pharmaceuticals or even food and beverages can manufacture the same with ease. Developing biobased eye health supplements that don’t contain synthetic chemicals is also likely to remain a key avenue for players in the eye health supplements market over the forecast period.
The following are some of the most prominent market players:
Nordic Naturals
EyeScience
Akorn Inc.
Amway
Vitabiotics Ltd.
Alliance Pharma plc
NUSAPURE
Pfizer Inc.
Alcon
Bausch & Lomb Inc.
Regional Analysis:
The Americas held the largest share in the global eye health supplements market in 2018 and is likely to remain the leading revenue generator in the global market over the forecast period. High awareness about health supplements in the region is likely to be a major driver for the eye health supplements market in the region over the forecast period. Asia Pacific is the fastest growing regional market for eye health supplements.
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