The global eye health supplements market is anticipated to reach market size of around US$ 2,400 Mn by 2027 and is anticipated to grow at a CAGR of around 6% in terms of revenue during the forecast period 2020 – 2027.
Owing to the immense increase of brands for optics supplements that have penetrated the market, the demand on the global eye health supplements market has risen. Besides strengthening or improving the view, any infections and eye disorders is often helped by eye health supplements. A part of the eye health supplements are the vitamins, proteins and omega acids that help to preserve the eye health and ensure daily supply of essential minerals. Zinc, omega-3 fatty acids, vitamin B1, and vitamin C are some of the main ingredients of eye health supplements. Lutein and zeaxanthine are, in addition, among other essential additives that boost eye health supplements efficiency. Thanks to an increasing awareness of different varieties of supplements on the market, the global eye health supplements market has grown at a stellar pace. In addition, in the light of the discovery of improved production techniques for eye health supplements, the demand in the market has tracked an increase in growth.
Market Insights
The global demand for eye supplements is expected to rise quickly in the next year. An growing number of cases of vision deficiency worldwide are a important reason for this development. Recently, the myopic population has risen remarkably. During the COVID-19 pandemic, the world's biggest workforce was put to work. As a result, the use of screens and simulated meetings when working at home is dramatically growing. This aspect increases the market appetite for eye health supplements. The rise of the global eye supplements market is expected to fuel increased cases of various progressive eye health conditions, such as glaucoma, cataract and age-related macular degeneration. The growing trend towards the use of eye health supplements by older populations, as well as thousands of years of digital tiredness and myopia have been a core driver of the growth of the worldwide market in eye health supplements.
According WHO, in 2019 about 2.2 billion people globally have visual deficiency or blindness. Regions with low and middle income such as South Asia, Western and Eastern Sub-Saharan Africa, relative to the high-income countries, showed eight times more blindness. Women are predicted to have a higher prevalence of eye disorders like cataract and AMD, particularly in low- and middle-income countries. The use of goods, including eye health supplements, is also a crucial driver for demand in developed countries including the US, Canada, Australia and UK, which has a significant cost of per capita expenses. In addition, rising demand is driving market for Lutein and Zeaxanthin supplements and extracts for eye treatment and easy access across e-commerce and direct sales channels. In addition, a steady rise on the market is expected to benefit from the rising launch of eye supplements to meet the unmet demand of 1.0 billion people with vision loss worldwide. The sales of eye health supplements in the near future are also projected to grow more. In October 2019, for instance, Bausch + Lomb introduced its PreserVision ARÉDS 2 Recipe minigel eye vitamins eye supplement in the US. The AREDS 2 Formula minigel PreserVision AREDS 2 is an easier-to-swallow alternative to the soft gels for advanced AMD PreserVision AREDS 2.
Furthermore, the presence of a strong delivery and sales chain leads substantially to demand growth for these supplements. In the recent months, the online sales of eye-health supplements have significantly increased to about 48.3%, according to a study released in NutraIngredients, due to the COVID-19 condition.
North America is the largest eye care supplement market, owing to growing demand for eye care supplements as well as increased prevalence of disability in vision and problems among people in the US. Almost 14 million Americans of 12 years and above have some kind of vision disability, according to the Center for Disease Control and Prevention. Europe is the second-largest eye care treatment sector, where the supply of cost-effective medications and prevention methods will continue to expand in the near future. In Europe, about 60 million have diabetes and the incidence of diabetes among people aged 25 years is comparatively high, according to the health organization. The demand is projected to rise rapidly in Asia-Pacific even with a growing prevalence of chronic diseases such as diabetes and obesity. There is a steady growth in the market in the Middle East and Africa because there is growing demand for ophthalmic goods and alternatives for treatment.
Some of the prominent players in the eye health supplements market include Amway, Bausch + Lomb, Novartis International AG, Vitabiotics Ltd., Butterflies Healthcare Ltd, Akorn Consumer Health, SUSS Technology Corp., Pfizer Inc., Herbalife International of America, Inc., Allergan, Plc., and others.
The global eye health supplements market is segmented as below:
Market Segmentation
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
Eye Health Supplements Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
CHAPTER 1. Industry Overview of Eye Health Supplements
1.1. Definition and Scope
1.1.1. Definition of Eye Health Supplements
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Eye Health Supplements Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Eye Health Supplements Market By Ingredient Type
1.2.3. Eye Health Supplements Market By Indication
1.2.4. Eye Health Supplements Market By Form
1.2.5. Eye Health Supplements Market by Regions
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Indication
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restrain 1
3.2.2. Restrain 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio And Market Maturity Analysis of Eye Health Supplements Market
3.5.1. Go To Market Strategy
3.6. Technological Roadmap for Eye Health Supplements Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2019
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date Global for Eye Health Supplements Major Manufacturers in 2019
4.2. R&D Status and By Indication of Global Eye Health Supplements Major Manufacturers in 2019
CHAPTER 5. Eye Health Supplements Market By Ingredient Type
5.1. Introduction
5.2. Eye Health Supplements Revenue By Ingredient Type
5.2.1. Eye Health Supplements Revenue (US$ Mn) and Forecast, By Ingredient Type, 2016-2027
5.2.2. Lutein and Zeaxanthin
5.2.2.1. Lutein and Zeaxanthin Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.3. Antioxidants
5.2.3.1. Antioxidants Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.4. Omega-3 Fatty Acids
5.2.4.1. Omega-3 Fatty Acids Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.5. Coenzyme Q10
5.2.5.1. Coenzyme Q10 Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.6. Flavonoids
5.2.6.1. Flavonoids Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.7. Astaxanthin
5.2.7.1. Astaxanthin Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.8. Alpha-Lipoic Acid
5.2.8.1. Alpha-Lipoic Acid Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.9. Others
5.2.9.1. Others Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 6. Eye Health Supplements Market Revenue By Indication
6.1. Introduction
6.2. Eye Health Supplements Revenue (US$ Mn) By Indication
6.2.1. Eye Health Supplements Revenue (US$ Mn) and Forecast By Indication, 2016 - 2027
6.2.2. Age-related Macular Degeneration (AMD)
6.2.2.1. Age-related Macular Degeneration (AMD) Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.3. Cataract
6.2.3.1. Cataract Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.4. Dry Eye Syndrome
6.2.4.1. Dry Eye Syndrome Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.5. Other
6.2.5.1. Other Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 7. Eye Health Supplements Market By Form
7.1. Introduction
7.2. Eye Health Supplements Revenue (US$ Mn) By Form
7.2.1. Eye Health Supplements Revenue (US$ Mn) and Forecast By Form, 2016 - 2027
7.2.2. Tablet
7.2.2.1. Tablet Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.3. Capsule
7.2.3.1. Capsule Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.4. Drops
7.2.4.1. Drops Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 8. North America Eye Health Supplements Market By Country
8.1. North America Eye Health Supplements Overview
8.2. U.S.
8.2.1. U.S. Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Ingredient Type, 2016-2027
8.2.2. U.S. Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Indication, 2016-2027
8.2.3. U.S. Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Form, 2016-2027
8.3. Canada
8.3.1. Canada Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Ingredient Type, 2016-2027
8.3.2. Canada Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Indication, 2016-2027
8.3.3. Canada Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Form, 2016-2027
8.4. North America PEST Analysis
CHAPTER 9. Europe Eye Health Supplements Market By Country
9.1. Europe Eye Health Supplements Market Overview
9.2. U.K.
9.2.1. U.K. Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Ingredient Type, 2016-2027
9.2.2. U.K. Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Indication, 2016-2027
9.2.3. U.K. Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Form, 2016-2027
9.3. Germany
9.3.1. Germany Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Ingredient Type, 2016-2027
9.3.2. Germany Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Indication, 2016-2027
9.3.3. Germany Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Form, 2016-2027
9.4. France
9.4.1. France Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Ingredient Type, 2016-2027
9.4.2. France Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Indication, 2016-2027
9.4.3. France Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Form, 2016-2027
9.5. Spain
9.5.1. Spain Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Ingredient Type, 2016-2027
9.5.2. Spain Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Indication, 2016-2027
9.5.3. Spain Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Form, 2016-2027
9.6. Rest of Europe
9.6.1. Rest of Europe Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Ingredient Type, 2016-2027
9.6.2. Rest of Europe Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Indication, 2016-2027
9.6.3. Rest of Europe Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Form, 2016-2027
9.7. Europe PEST Analysis
CHAPTER 10. Asia Pacific Eye Health Supplements Market By Country
10.1. Asia Pacific Eye Health Supplements Market Overview
10.2. China
10.2.1. China Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Ingredient Type, 2016 - 2027
10.2.2. China Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Indication, 2016 - 2027
10.2.3. China Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Form, 2016 - 2027
10.3. Japan
10.3.1. Japan Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Ingredient Type, 2016 - 2027
10.3.2. Japan Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Indication, 2016 - 2027
10.3.3. Japan Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Form, 2016 - 2027
10.4. India
10.4.1. India Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Ingredient Type, 2016 - 2027
10.4.2. India Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Indication, 2016 - 2027
10.4.3. India Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Form, 2016 - 2027
10.5. Australia
10.5.1. Australia Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Ingredient Type, 2016 - 2027
10.5.2. Australia Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Indication, 2016 - 2027
10.5.3. Australia Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Form, 2016 - 2027
10.6. South Korea
10.6.1. South Korea Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Ingredient Type, 2016 - 2027
10.6.2. South Korea Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Indication, 2016 - 2027
10.6.3. South Korea Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Form, 2016 - 2027
10.7. Rest of Asia-Pacific
10.7.1. Rest of Asia-Pacific Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Ingredient Type, 2016 - 2027
10.7.2. Rest of Asia-Pacific Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Indication, 2016 - 2027
10.7.3. Rest of Asia-Pacific Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Form, 2016 - 2027
10.8. Asia Pacific PEST Analysis
CHAPTER 11. Latin America Eye Health Supplements Market By Country
11.1. Latin America Eye Health Supplements Market Overview
11.2. Brazil
11.2.1. Brazil Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Ingredient Type, 2016 - 2027
11.2.2. Brazil Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Indication, 2016 - 2027
11.2.3. Brazil Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Form, 2016 - 2027
11.3. Mexico
11.3.1. Mexico Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Ingredient Type, 2016 - 2027
11.3.2. Mexico Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Indication, 2016 - 2027
11.3.3. Mexico Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Form, 2016 - 2027
11.4. Rest of Latin America
11.4.1. Rest of Latin America Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Ingredient Type, 2016 - 2027
11.4.2. Rest of Latin America Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Indication, 2016 – 2027
11.4.3. Rest of Latin America Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Form, 2016 - 2027
CHAPTER 12. Middle East & Africa Eye Health Supplements Market By Country
12.1. Middle East & Africa Eye Health Supplements Market Overview
12.2. Saudi Arabia
12.2.1. Saudi Arabia Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Ingredient Type, 2016 - 2027
12.2.2. Saudi Arabia Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Indication, 2016 - 2027
12.2.3. Saudi Arabia Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Form, 2016 - 2027
12.3. UAE
12.3.1. UAE Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Ingredient Type, 2016 - 2027
12.3.2. UAE Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Indication, 2016 - 2027
12.3.3. UAE Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Form, 2016 - 2027
12.4. Rest of Middle East & Africa
12.4.1. Rest of Middle East & Africa Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Ingredient Type, 2016 - 2027
12.4.2. Rest of Middle East & Africa Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Indication, 2016 - 2027
12.4.3. Rest of Middle East & Africa Eye Health Supplements Market Revenue (US$ Mn) and Forecast By Form, 2016 - 2027
CHAPTER 13. Player Analysis Of Eye Health Supplements
13.1. Eye Health Supplements Market Company Share Analysis
13.2. Competition Matrix
13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2. New Indication Launches and Indication Enhancements
13.2.3. Mergers And Acquisition In Global Eye Health Supplements Market
13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14. Company Profile
14.1. Amway
14.1.1. Company Snapshot
14.1.2. Business Overview
14.1.3. Financial Overview
14.1.3.1. Revenue (US$ Mn), 2019
14.1.3.2. Amway 2019 Eye Health Supplements Business Regional Distribution
14.1.4. Indication/ Service and Specification
14.1.5. Recent Developments & Business Strategy
14.1.6. Manufacturing Plant Footprint Analysis
14.2. Bausch + Lomb
14.3. Novartis International AG
14.4. Vitabiotics Ltd.
14.5. Butterflies Healthcare Ltd
14.6. Akorn Consumer Health
14.7. SUSS Technology Corp.
14.8. Pfizer Inc.
14.9. Herbalife International of America, Inc.
14.10. Allergan, Plc.
14.11. Others
