Eye Health Supplements Market Expands: Growing Awareness of Vision Health and Aging Population Propel Market Forward with New Product Innovations

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Eye Health Supplements Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $2.97 billion In 2028 At A CAGR Of 7.9%.

The eye health supplements market size has grown strongly in recent years. It will grow from $2.03 billion in 2023 to $2.19 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to aging population demographics, prevalence of eye disorders, awareness of nutritional impact on eyes, consumer focus on preventive healthcare, availability of diverse supplement forms.

The eye health supplements market size is expected to see strong growth in the next few years. It will grow to $2.97 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to increasing screen time and digitalization, growing interest in holistic health, clinical validation of ingredients, government initiatives for eye health, integration of functional ingredients. Major trends in the forecast period include innovations in formulations, digital eye strain concerns, personalized nutrition solutions, combination products and multivitamins.

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Eye Health Supplements Market Major Segments
The eye health supplements market covered in this report is segmented -

1) By Ingredient Type: Lutein, Zeaxanthin, Antioxidants, Omega-3 Fatty Acids, Coenzyme Q10, Flavonoids, Astaxanthin, Alpha-Lipoic Acid, Other Ingredients
2) By Form Type: Tablet, Capsule, Drops
3) By Indication Type: Age-Related Macular Degeneration (AMD), Cataract, Dry Eye Syndrome, Diabetic Retinopathy, Other Indications
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies

Key Driver - Rising Incidence Of Vision Impairment Propels Growth In The Eye Health Supplement Market

The growing incidence of vision impairment is driving the eye health supplement market going forward. Vision impairment refers to vision loss that cannot be restored to regular sight. Vision impairment is caused by illnesses such as high blood pressure, cerebrovascular disease, stroke, atherosclerosis, vitamin A deficiency, and eye infections. Eye health supplements provide nutrients and vitamins to the eye to maintain eye health and good vision. For instance, in July 2022, according to the 2022 Vision Index by Optometrists Association Australia, an Australia-based professional association, the prevalence of myopia was high, with the majority of respondents (81%) having difficulties seeing objects at a distance, and shortsightedness being the most prevalent diagnosis (40% of those who have had their eyesight evaluated by an optometrist). Therefore, the growing incidence of vision impairment is driving the growth of the eye health supplement market.

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Prominent Trend - Innovative Eyec Supplement For Under-Eye Skin Brightening

Product innovations are a key trend gaining popularity in the eye health supplement market. Major companies in the eye health supplement market are developing advanced products to sustain their position in the market. For instance, in September 2022, Entod Pharma, an India-based pharmaceutical company, launched Eyecirque in collaboration with ENTOD Beauty, a UK-based medical and cosmetic dermatology research lab. The Eyecirque under-eye skin brightening supplement is a distinctive blend of essential antioxidants, vitamins, and minerals proven to be necessary. It also provides the under-eye area with adequate nutrition and nourishment.

Eye Health Supplements Market Players
Major companies operating in the eye health supplements market report are Bristol-Myers Squibb Company, Alcon Inc., Amway Corporation, Herbalife Nutrition Ltd., Bausch & Lomb Incorporated, Kemin Industries Inc., The Nature's Bounty Co., Swanson Health, Alliance Pharma plc, OmniActive Health Technologies, Life Extension, Performance Lab Ltd., ProCaps Laboratories, Nuzena LLC, Vitabiotics Ltd., Nordic Naturals, ZeaVision LLC, Algatechnologies, Zenith Labs, Vita Balance Inc., Biosyntrx Inc., Allied BioNutrition Corporation, Codeage, EyeScience Labs, Healths Harmony USA Supplements LLC, Nutrivein, NutraChamps

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Largest And Fastest Growing Region In The Market
North America was the largest region in the eye health supplements market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the eye health supplements market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Eye Health Supplements Market Report Structure
3. Eye Health Supplements Market Trends And Strategies
4. Eye Health Supplements Market - Macro Economic Scenario
5. Eye Health Supplements Market Size And Growth
…..
27. Eye Health Supplements Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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