According to the latest report by IMARC Group "Eye Health Supplements Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The global eye health supplements market is expected to exhibit a growth rate (CAGR) of 6% during 2023-2028.
What is Eye Health Supplements?
Eye health supplements assist in preserving vision and maintaining overall eye health. They also minimize the risk of cataracts, age-related macular degeneration (AMD) and other vision disorders, which may lead to partial or complete blindness. They comprise nutrients like essential fatty acids that are beneficial for proper visual and retinal function. As a result, their demand is escalating across the globe.
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What are the growth prospects and trends in the Eye Health Supplements industry?
Significant hours spent on computers, tablets, and smartphones are increasing the risk of developing computer vision syndrome (CVS) and myopia. This, along with the growing geriatric population, is positively influencing the sales of eye health supplements worldwide. Apart from this, the increasing awareness among individuals about the alternatives available for preventing different eye conditions is also fueling the growth of the market. Furthermore, governing agencies of various countries are investing in clinical studies to improve the understanding of nutrients on eye health. This is anticipated to offer lucrative opportunities to market players.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Ingredient Type:
- Lutein and Zeaxanthin
- Omega-3 Fatty Acids
- Coenzyme Q10
- Alpha-Lipoic Acid
Breakup by Indication:
- Age-related Macular Degeneration (AMD)
- Dry Eye Syndrome
Breakup by Formulation:
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Alliance Pharma PLC
- Amway International (Alticor)
- Bausch Lomb Incorporated
- Eyescience Labs
- Kemin Industries Inc.
- Novartis AG
- Pfizer Inc.
- The Nature's Bounty Co.
- Vitabiotics Ltd.
- ZeaVision LLC.
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