The eye health supplements market was valued at US$ 1,572.33 million in 2019 and is projected to reach US$ 2,382.96 million by 2027; it is expected to grow at a CAGR of 5.5% from 2020 to 2027.
Eye supplements are nutritional products that help maintain eye health and good vision. The eye health supplements prominently comprise vitamin A, lutein and zeaxanthin, omega-3 fatty acids, gamma-linolenic acid, and others. These nutritional supplements help sustain eye function, reduce the development of age-related eye diseases, and protect eyes from harmful radiations. The eye health supplements market growth is mainly attributed to increasing prevalence of eye diseases and rising geriatric population. Moreover, increasing industrial developments are further expected to foster market growth during the forecast period. However, the high cost of eye health supplements and lack of product availability are restricting the market growth.
The APAC countries are facing challenges due to increasing incidences of COVID-19. As per the data of Worldometer, the total number of COVID-19 cases stood at 5,739,512 in APAC on August 17, 2020. The COVID-19 pandemic has accelerated dependency on digital devices and consumers are becoming aware of the negative effects of prolonged use of these devices such as mobile and laptops. These factors have increased the demand of health supplements and presenting lucrative opportunities for market players to gain new customers.3
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Nordic Naturals, Herbalife Nutrition Ltd., The Nature’s Bounty Co., AMWAY, Pfizer Inc., Alcon Inc., Bausch Health Companies Inc., Vitabiotics Ltd., Alliance Pharma PLC., and Allergan plc are among the leading companies operating in the global eye health supplements market.
Product launches, mergers and acquisitions, collaborations, and expansions are the commonly adopted strategies by various companies to expand their footprint worldwide and meet the growing demand by expanding their respective product portfolios. The players operating in the eye health supplements market adopted the product innovations strategy to cater changing customer demands around the world, which also permits them to maintain their brand name in a global market.
Eye Health Supplements Market – by Ingredient Type
- Lutein and Zeaxanthin
- Omega-3 Fatty Acids
- Coenzyme Q10
- Alpha-Lipoic Acid
- Age-related Macular Degeneration (AMD)
- Dry Eye Syndrome
Eye Health Supplements Market – by Form
Eye Health Supplements Market – by Geography
- North America
- Rest of Europe
- Asia Pacific (APAC)
- South Korea
- Rest of APAC
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- Rest of MEA
- South and Central America (SCAM)
- Rest of SCAM
Major questions addressed through this global research report:
- What are the demanding sectors for driving this global Eye Health Supplements market?
- Which are the major key players and competitors?
- What will be the market size of the global market?
- Which are the recent advancements in the global Eye Health Supplements market?
- What are the restraints, threats, and challenges in front of the market?
- What are the global opportunities in front of the market?
- How digital footprint helps to expand the business structure and economic outcomes?
Table of Content (TOC):
Chapter 1 Introduction and Overview
Chapter 2 Industry Cost Structure and Economic Impact
Chapter 3 Rising Trends and New Technologies with Major key players
Chapter 4 Global Eye Health Supplements Market Analysis, Trends, Growth Factor
Chapter 5 Eye Health Supplements Market Application and Business with Potential Analysis
Chapter 6 Global Eye Health Supplements Market Segment, Type, Application
Chapter 7 Global Eye Health Supplements Market Analysis (by Application, Type, End User)
Chapter 8 Major Key Vendors Analysis of Eye Health Supplements Market
Chapter 9 Development Trend of Analysis
Chapter 10 Conclusion
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