Eye Health Supplements Market (Covid-19) Impact and Analysis by 2027 By Nordic Naturals, Herbalife Nutrition, The Nature's Bounty, AMWAY, Pfizer, Alcon, Bausch Health Companies, Vitabiotics, Alliance Pharma

The Insight Partners analysts forecasts the latest report on “Eye Health Supplements Market (Covid-19) Impact and Analysis by 2027”, according to report; The Eye Health Supplements Market report covers the overall and all-inclusive analysis of Market with all its factors that have an impact on market growth. This report is anchored on the thorough qualitative and quantitative assessment of the Eye Health Supplements Market.

The study provides details such as the market share, Market Insights, Strategic Insights, Segmentation and key players in the Eye Health Supplements Market.

Download Sample Report of Eye Health Supplements Market Report @ https://www.theinsightpartners.com/sample/TIPRE00012955/?openpr-10225

(*If you have any special requirements, please let us know and we will offer you the report as you want.)

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.

Some of the Major Market Players Are:

Nordic Naturals
Herbalife Nutrition Ltd.
The Nature's Bounty Co.
AMWAY
Pfizer Inc.
Alcon Inc.
Bausch Health Companies Inc.
Vitabiotics Ltd
Alliance Pharma PLC
Allergan plc

Market Insights

Growing Prevalence of Eye Diseases Drives Eye Health Supplements Market Growth
Visual impairment, blindness, and associated conditions are significantly influencing the quality of physical and mental health of patients. Patients suffering from eye disorders are at high risk of going through chronic health conditions, accidents, depression, and social withdrawal. Age-related macular degeneration, glaucoma, cataract, eye allergies, diabetic retinopathy, amblyopia, and strabismus are commonly observed eye disorders among the global population.

According to a study published by the American Academy of Ophthalmology in 2019, ~7.32 million people in the US are projected to suffer from primary open-angle glaucoma by 2050. According to a study conducted by the Centers for Disease Control and Prevention (CDC) in 2019, nearly 20.5 million people in the US were suffering from cataract. Also, according to the estimates by the CDC, the number of cataract patients in the US will rise to 30 million by 2028. Furthermore, according to data published by NHS in 2020, about 360,000 million people in the UK are registered as partially sighted or blind. Such a high prevalence of eye conditions is anticipated to increase the demand and adoption of eye health supplements and this scenario will drive the growth of the market.

Ingredient Type-Based Insights

Based on ingredient type, the eye health supplements market is segmented into lutein and zeaxanthin, antioxidants, omega-3 fatty acids, coenzyme Q10, flavonoids, astaxanthin, alpha-lipoic acid, and others. The lutein and zeaxanthin segment held the largest share of the market in 2019. However, the flavonoids segment is anticipated to register the highest CAGR during the forecast period. Lutein and zeaxanthin help in reducing the risk of chronic eye diseases, as they filter harmful blue wavelengths of light and maintain eye health.

Indication-Based Insights

Based on indication, the eye health supplements market is segmented into age-related macular degeneration (AMD), cataract, dry eye syndrome, and others. The AMD segment held the largest share of the market in 2019. However, the dry eye syndrome segment is anticipated to register the highest CAGR during the forecast period. Dry eye is a condition caused by a lack of lubrication and moisture in the eyes. The developed countries are experiencing a significant rise in the number of patients suffering from dry eye condition. For instance, according to National Health and Wellness Survey, ~16.4 million people were diagnosed with dry eye in April 2020 in the US.

Form-Based Insights

Based on form, the eye health supplements market is segmented into tablet, capsule, and drops. The capsule segment held the largest share of the market in 2019. Also, the capsule market is estimated to grow at the fastest CAGR during 2020–2027. Capsules are solid dosage forms where therapeutic components are enclosed in a hard or soft soluble gelatin shell. Capsule are absorbed more easily than tablets and are easy to swallow. These advantages of capsules will drive the growth of this segment during the forecast period.

Strategic Insights

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
• Antioxidants
• Omega-3 Fatty Acids
• Coenzyme Q10
• Flavonoids
• Astaxanthin
• Alpha-Lipoic Acid
• Others
Eye Health Supplements Market – by Indication

• Age-related Macular Degeneration (AMD)
• Cataract
• Dry Eye Syndrome
• Others
Eye Health Supplements Market – by Form

• Tablet
• Capsule
• Drops

The report analyses factors affecting the Eye Health Supplements Market from further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Eye Health Supplements Market in these regions.

Moreover, the report entails the estimate and analysis for the Eye Health Supplements Market on a global as well as regional level. The study provides historical data as well as the trending features and future predictions of the market growth. Further, the report encompasses drivers and restraints for the Eye Health Supplements Market growth along with its impact on the overall market development. In addition, the report provides an analysis of the accessible avenues in the market on a global level.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Eye Health Supplements Market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions. The Eye Health Supplements Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Promising Regions & Countries Mentioned in The Eye Health Supplements Market Report:

• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East & Africa

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Major Features of Eye Health Supplements Market Report:

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Eye Health Supplements market
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the global Eye Health Supplements market, thereby allowing players across the value chain to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

Purchase a copy of Eye Health Supplements Market research report @ https://www.theinsightpartners.com/buy/TIPRE00012955/?openpr-10225

Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Life Science, Technology, Healthcare, Manufacturing, Automotive and Defense, Food Beverages, Chemical etc.

This release was published on openPR.