Eye health is a growing concern owing to increased screen time and digital exposure. Common eye problems include eye strain, dry and red eyes, eye irritation, and watery eyes. Moreover, common eye diseases include Age-related Macular Degeneration (AMD), cataract, and glaucoma. Age-related macular degeneration is an eye disease that gets severe over time. The disease does not cause blindness but can cause severe vision-related problems. Some of the major symptoms of eye problems are less clear vision and worse colour perception.
Cataract occurs when the natural lens of eyes become cloudy. Proteins present in the eyes break down and this causes things to look blurry, hazy, or less colourful. Some of the major symptoms of cataract are blurry vision, seeing double objects, and having trouble seeing at night. Glaucoma is an eye disease that damages eye’s optic nerve. Glaucoma is related to the build up of pressure inside the eyes. The increased pressure can cause damage to the optic nerve. If the damage is severe glaucoma can cause permanent vision loss. Some of the major symptoms of glaucoma are redness in eyes, eye pain, and seeing halos around light. Doctors prescribe medicines for eye related diseases, such as cataract, glaucoma, and others, which include ingredients such as lutein and zeaxanthin, omega-3 fatty acids, vitamin A, beta-carotene, and bilberry extracts.
Market Dynamics
Approval of new products by regulatory bodies is expected to propel the global eye health supplement market growth during the forecast period. For instance, on March 7, 2023, NovaBay Pharmaceuticals, Inc, a biopharmaceutical company that develops products for the eye care market, launched Avenova Eye Health Support, a new antioxidant-rich oral supplement to comfort dry eyes and promote the overall eye health.
Key features of the study:
- This report provides an in-depth analysis of the global eye health supplements market, market size (US$ Mn), and Compound Annual Growth Rate (CAGR (%) for the forecast period: 2023-2030, considering 2022 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by leading players
- It profiles key players in the global eye health supplement market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
- The key players covered as a part of this study include: Pfizer, Inc., Bausch Health Companies Inc., Alcon Laboratories, Inc., Alliance Pharma PLC, Allied Biotech Corporation, BASF SE, Amway Corp., Butterflies Healthcare Ltd, Herballife Nutrition Ltd., SUSS Technology Corp., Eyescience Labs, Nordic Naturals, Vitabiotics Ltd., and Akorn Incorporated
- Insights from this report would allow marketers and management authorities of companies to make informed decisions with respect to future product launches, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
- The global eye health supplement market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors, and suppliers for the global eye health supplements market, research and consulting firms, new entrants, and financial analysts
Detailed Segmentation:
- Global Eye Health Supplements Market, By Ingredients Type:
- Lutein And Zexanthin
- Omega- 3 Fatty Acids
- Vitamin A
- Beta Carotene
- Bilberry Extracts
- Others
- Global Eye Health Supplements Market, By Indication Type:
- Age-related Macular Degeneration (AMD)
- Cataract
- Dry Eye Syndrome
- Glaucoma
- Others
- Global Eye Health Supplements Market, By Dosage Type:
- Tablets
- Capsules
- Soft Gels
- Others
- Global Eye Health Supplements Market, By Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- Global Eye Health Supplements Market, By Region:
- North America
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC
- Israel
- Rest of Middle East
- Africa
- South Africa
- Central Africa
- North Africa
- Company Profiles
- Pfizer Inc
- Bausch Health Companies Inc
- Alcon
- Alliance Pharma PLC
- Allied Biotech Corporation
- BASF SE
- Amway India Enterprises Pvt. Ltd
- Butterflies Healthcare Ltd
- Herbalife International, Inc
- Nordic Naturals
- Vitabiotics Ltd
- Akorn Operating Company LLC