Eye health supplements aid in the prevention and management of various eye diseases, from the most common to the most complex ones. These supplements can be in the form of tablets, capsules, soft gels, liquid, and others. These products contain vitamins and other nutrients that are useful for maintaining eye health and good vision. The prevalence of ophthalmological disorders is growing at an alarming rate worldwide.
According to Market Research Future (MRFR), the global eye health supplements market is poised to create a valuation of USD 9,355.09 MN by 2025, registering 6.36% CAGR during the review period (2019 – 2025).
Moreover, the increasing myopic population worldwide pushes sales of eye health supplements. Additionally, vision corrective & surgical processes and ophthalmic diseases increase the consumption of eye health products. Also, increasing screen use led by the rising popularity of smartphones and mobile games escalates the market growth to furthered height. Average screen time is soaring during COVID 19 Lockdown as more people work from home and join virtual meetings.
Global Eye Health Supplements Market – Segments
The report is segmented into six dynamics;
By Indication: Cataract, Age-Related Macular Degeneration (AMD), Glaucoma, Eye Fatigue, Corneal Support, Eyelid Conjunctivitis, and others.
By Product Type: Antioxidant, Neuro-Protective, Anti-Inflammatory, and others.
By Supplement Type: Vitamins, Minerals, Fatty Acids, and others.
By Form: Tablet/Capsule, Liquid, Gels, Gummies, and others.
By Distribution Channel: Online Pharmacy, Hospital Pharmacy, Retail Pharmacy, and others.
By Regions: Europe, North America, APAC and Rest-of-the-World.
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Eye Health Supplements Market – Regional Analysis
North American dominates the global eye health supplements market. The largest market share attributes to the growing prevalence of various eye-related diseases and disorders. Besides, the strong presence of many notable players such as Pfizer Inc., Amway, and Bausch & Lomb Incorporated, increases the penetration of vision care supplements in the region. Also, the high consumption of eye health nutrition in countries such as the US and Canada contributes to a considerably large market.
Europe stands second in the global eye health supplements market. The market is driven by the rising numbers of glaucoma patients and the growing elderly population in the region. Additionally, factors such as the presence of prominent manufacturers and distributors and increasing emphasis on the diagnosis and treatment of eye diseases and eye disorders foster the regional market growth.
Moreover, the increasing expenditure on healthcare by major European countries also accelerates the growth of the market. Germany and the U.K. are major growth contributors to the European eye health supplements market.
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Moreover, the growing aging population, rising health issues, and diabetes in rapidly growing countries such as Japan, China, India, South Korea, and Australia push the market demand. Also, the improving quality of life of demographics, alongside the influence of western culture, impacts the market growth. The APAC eye health supplements market is projected to create a substantial revenue pocket over the assessment period.
Players leading the global eye health supplements market include Alcon, Bausch & Lomb Incorporated, Pfizer, Inc., Alliance Pharma PLC, Vitabiotics Ltd, NUSAPURE, Amway, EyeScience, Akorn Incorporated, and Nordic Naturals, among others.
Industry/ Innovation /Related News:
May 28, 2020 —- VitaHealth (Malaysia), a leading health supplements and nutritional products company, announced its plans to tap into growing demand among Singapore’s myopic population to push sales of its eye health supplements. VitaHealth sees growing opportunity with vision care supplements as screen time soars due to the COVID-19 pandemic that has increased screen use as more people work from home and join virtual meetings. VitaHealth Eye-Care is a herbal extracts blend providing zeaxanthin, lutein, anthocyanidinsn, and lycopene for overall eye health.
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