The global eye health supplement market is anticipated to grow at a significant CAGR of around 5.5% during the forecast period. There is an increase in the incidence of vision impairment globally among population, which is driving the eye health supplements market to grow more. According to a report published by World Health Organization (WHO) in October 2021, around 2.2 billion individuals across the globe in 2019 have been registered with vision impairment or blindness. Moreover, 1 billion or almost half of these cases, vision impairment could have been prevented or has yet to be addressed. uncorrected refractive errors and cataracts are the leading causes of vision impairment and blindness. For the prevalence for increasing incidence WHO has taken initiatives such as, it will work with the Member States and other partners to provide recommendations on feasible global targets for 2030 on integrated people-centered eye care promoting World Sight Day is an annual advocacy event and others. Apart from these, rising prevalence of various eye conditions such as Age-related Macular Degeneration (AMD), dry eye syndrome, cataracts, and inflammation along with the growing recommendation for eye health supplements by ophthalmologists for the prevention and treatment of these disorders is further driving the market. Moreover, lack of awareness among the population in rural areas and inverse effect of eye supplements may act as a restrains to the market growth during the forecast period.
Impact of COVID-19 Pandemic on Global Eye Health Supplement Market
The eye health supplement demand in COVID-19 was increased owing to the rising myopic population across the globe and increased usage of screens and joining virtual meetings while working from home, people were suffering from various eye disorders during COVID-19. Increasing usage of smart devices and screens degrade healthattributed people all over the globe were completely in houses due to strict lockdown. Individuals were spending full time on smart phones, pc, video games among others via the internet and it has affected various peoples vision due to that there was an increase in demand for eye health supplements for maintaining good health of the eye.
Segmental Outlook
The global eye health supplement market is segmented based on the ingredient, disease indication, and form. Based on the ingredient, the market is segmented into lutein and zeaxanthin, antioxidants, omega-3 fatty acids, coenzyme q10, flavonoids, astaxanthin, alpha-lipoic acid, and others. On the basis of disease indication, the market is sub-divided into age-related macular degeneration (AMD), cataract, dry eye syndrome. Based on the form, the market is sub-classified into the tablet, capsule drops. Tablet sub-segment is projected to dominate the eye health supplements market attributed torising preference for eye health supplements in tablets due to their high availability in various forms such as, chewable tablets, sustained-release tablets, and sublingual and buccal tablets.
Global Eye Health Supplement Market Share by Ingredient, 2021 (%)
The Lutein and Zeaxanthin Segment is Dominating in the Global Eye Health Supplement Market
Eye health supplement ingredient Lutein and Zeaxanthin is anticipated to dominate due to increasing awareness regarding the benefits offered by it in the prevention and effective treatment of various eye disorders such as AMD, diabetic retinopathy, uveitis, and cataract. Additionally, the rise in prevalence of eye disorders mainly AMD and the growing recommendation for these supplements by ophthalmologists, clinicians, and vision scientists is propelling the eye health supplements market to grow. Furthermore, as per the Eye Case-Control Study, it has been observed that the highest intake of Lutein and Zeaxanthin supplements registered a 43.0% reduced risk of developing AMD when compared with individuals having low intakes of these ingredients. For instance, in September 2019, Nippon Flour Mills launched a new eye and brain supplement called ginkgo biloba and lutein especially targeting senior consumers. The supplements is made up of flavonoid that is derived from ginkgo biloba, terpene lactone, lutein, and zeaxanthin.
Regional Outlooks
The global eye health supplement market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East &Africa, and Latin America). Due to the increase in product launches and developments for eye health supplements in the North American region is dominating.?
Global Eye Health Supplement Market Growth, by Region 2022-2028
The Asia-Pacific Region is Predicated to be the Fastest Growing in the Global Eye Health Supplement Market
Geographically, the Asia-Pacific region excepted to be the fastest-growing region due to the presence of a large number of market players that offer innovative and affordable health supplements. For instance, in May 2020, VitaHealth has launched its new VitaHealth Eye-Pro that contains Lutein and trans zeaxanthin it is in demand by Singapore myopic population. Singapore's Senior Health minister of State stated that prevalence is 65% in primary school students and rises in 83% adults.Furthermore, increasing contract manufacturing hubs for eye health supplements in China, India, and the Philippines are a major factor driving the Asia-Pacific eye health supplements market. Besides,growing eye health awareness and prevalence of eye-related disorders in countries in the Asia-Pacific are expected to drive the market growth.
Market Players Outlook
The major companies serving the global Eye Health Supplement market include AKORN, INC, Amway India Enterprises Pvt. Ltd., Bausch Health Companies Inc., Pfizer Inc., The Bountiful Co., Vitabiotics Ltd., ZeaVision LLC, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in November 2019, EyePromise partnered with Boston Red Sox as its official eye vitamin brand through 2020. By this partnership, Boston Red Sox expanded its EyePromise's revolutionary vision-enhancing product throughout the organization. EyePromise in partnership with the Red Sox will be able to support its New England optometry customer base by incorporating the revered Red Sox logo in activities surrounding distribution and sales of EyePromise products.
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Akorn, Inc
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Amway International
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Bausch & Lomb Incorporated
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Vitabiotics Ltd.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. ZeaVision, LLC
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
3.7. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Eye Health Supplements Market by Ingredient
4.1.1. Lutein and Zeaxanthin
4.1.2. Antioxidants
4.1.3. Omega-3 Fatty Acids
4.1.4. Coenzyme Q10
4.1.5. Flavonoids
4.1.6. Astaxanthin
4.1.7. Alpha-Lipoic Acid
4.1.8. Others
4.2. Global Eye Health Supplements Market by Disease Indication
4.2.1. Age-related Macular Degeneration (AMD)
4.2.2. Cataract
4.2.3. Dry Eye Syndrome
4.2.4. Others
4.3. Global Eye Health Supplements Market by Form
4.3.1. Tablet
4.3.2. Capsule
4.3.3. Drops
4.3.4. Others
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Alcon Vision LLC
6.2. Alliance Pharma
6.3. Allied Biotech Corp
6.4. BASF SE
6.5. Butterflies Healthcare Ltd
6.6. Climic Health Pvt. Ltd.
6.7. EyeScience Labs
6.8. GNC Holdings, LLC
6.9. Herbalife International of America, Inc.
6.10. Kemin Industries, Inc
6.11. Nordic Naturals
6.12. Nutrivein
6.13. NutraChamps Inc.
6.14. Nuzena LLC
6.15. Performance Lab Ltd
6.16. Pfizer Inc.
6.17. Pharmavite LLC.
6.18. PureHealth Research
6.19. The Bountiful Co.
6.20. Vita Balance Inc.
1. GLOBAL EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY INGREDIENT, 2021-2028 ($ MILLION)
2. GLOBAL LUTEIN AND ZEAXANTHIN EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL ANTIOXIDANTS EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL OMEGA-3 FATTY ACIDS EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL COENZYME Q10 EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL FLAVONOIDS EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL ASTAXANTHI EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL ALPHA-LIPOIC ACIDEYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL OTHER EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY DISEASE INDICATION, 2021-2028 ($ MILLION)
11. GLOBAL EYE HEALTH SUPPLEMENTS FOR AGE-RELATED MACULAR DEGENERATION (AMD) MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL EYE HEALTH SUPPLEMENTS FOR CATARACT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL EYE HEALTH SUPPLEMENTS FOR DRY EYE SYNDROME MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL EYE HEALTH SUPPLEMENTS FOR OTHER DISEASES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY FORM, 2021-2028 ($ MILLION)
16. GLOBAL EYE HEALTH TABLET SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL EYE HEALTH CAPSULE SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. GLOBAL EYE HEALTH DROPS SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
19. GLOBAL OTHER EYE HEALTH SUPPLEMENT FORMS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
20.
21. GLOBAL EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
22. NORTH AMERICAN EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. NORTH AMERICAN EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY INGRIDENTS, 2021-2028 ($ MILLION)
24. NORTH AMERICAN EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY DISEASE INDICATION, 2021-2028 ($ MILLION)
25. NORTH AMERICAN EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY FORM, 2021-2028 ($ MILLION)
26. EUROPEAN EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
27. EUROPEAN EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY INGRIDENTS, 2021-2028 ($ MILLION)
28. EUROPEAN EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY DISEASE INDICATION, 2021-2028 ($ MILLION)
29. EUROPEAN EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY FORM, 2021-2028 ($ MILLION)
30. ASIA-PACIFIC EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
31. ASIA-PACIFIC EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY INGRIDENTS, 2021-2028 ($ MILLION)
32. ASIA-PACIFIC EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY DISEASE INDICATION, 2021-2028 ($ MILLION)
33. ASIA-PACIFIC EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY FORM, 2021-2028 ($ MILLION)
34. REST OF THE WORLD EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
35. REST OF THE WORLD EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY INGRIDENTS, 2021-2028 ($ MILLION)
36. REST OF THE WORLD EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY DISEASE INDICATION, 2021-2028 ($ MILLION)
37. REST OF THE WORLD EYE HEALTH SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY FORM, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL EYE HEALTH SUPPLEMENTS MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL EYE HEALTH SUPPLEMENTS MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL EYE HEALTH SUPPLEMENTS MARKET, 2021-2028 (%)
4. GLOBAL EYE HEALTH SUPPLEMENTS MARKET SHARE BY INGRIDENTS, 2021 VS 2028 (%)
5. GLOBAL LUTEIN AND ZEAXANTHIN EYE HEALTH SUPPLEMENTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL ANTIOXIDANTS EYE HEALTH SUPPLEMENTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL OMEGA-3 FATTY ACIDS EYE HEALTH SUPPLEMENTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL COENZYME Q10 EYE HEALTH SUPPLEMENTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL FLAVONOIDS EYE HEALTH SUPPLEMENTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL ASTAXANTHIN EYE HEALTH SUPPLEMENTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL ALPHA-LIPOIC ACID EYE HEALTH SUPPLEMENTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL OTHER EYE HEALTH SUPPLEMENTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL EYE HEALTH SUPPLEMENTS MARKET SHARE BY DISEASE INDICATION, 2021 VS 2028 (%)
14. GLOBAL EYE HEALTH SUPPLEMENTS FOR AGE-RELATED MACULAR DEGENERATION (AMD) MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL EYE HEALTH SUPPLEMENTS FOR CATARACT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL EYE HEALTH SUPPLEMENTS FOR DRY EYE SYNDROME MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. GLOBAL EYE HEALTH SUPPLEMENTS FOR OTHER DISEASES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18. GLOBAL EYE HEALTH SUPPLEMENTS MARKET SHARE BY FORM, 2021 VS 2028 (%)
19. GLOBAL EYE HEALTH TABLETS SUPPLEMENTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
20. GLOBAL EYE HEALTH CAPSULE SUPPLEMENTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
21. GLOBAL EYE HEALTH DROPS SUPPLEMENTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
22. GLOBAL OTHER EYE HEALTH SUPPLEMENT FORMS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
23. GLOBAL EYE HEALTH SUPPLEMENTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
24. US EYE HEALTH SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)
25. CANADA EYE HEALTH SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)
26. UK EYE HEALTH SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)
27. FRANCE EYE HEALTH SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)
28. GERMANY EYE HEALTH SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)
29. ITALY EYE HEALTH SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)
30. SPAIN EYE HEALTH SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)
31. REST OF EUROPE EYE HEALTH SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)
32. INDIA EYE HEALTH SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)
33. CHINA EYE HEALTH SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)
34. JAPAN EYE HEALTH SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)
35. SOUTH KOREA EYE HEALTH SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)
36. REST OF ASIA-PACIFIC EYE HEALTH SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)
37. REST OF THE WORLD EYE HEALTH SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)