Global Eye Health Supplements Market Growth is estimated to be valued at USD 9,355.09 Million by 2025 and is expected to register a CAGR of 6.36% during the forecast period 2019–2025.
The prevalence of ophthalmological disorders is growing at an alarming rate worldwide. An increasingly aging population and changing lifestyle are supporting the growing prevalence of ophthalmological disorders.
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Moreover, according to the National Eye Institute, about 3 million cases of pink eye (conjunctivitis) occur in the US each year. This rising prevalence of ophthalmological diseases and their related complications directly promote the growth of this market.
Segment Analysis
The Global Eye Health Supplements Market Growth has been segmented based on Indication, Product Type, Supplement Type, Form, and Distribution Channel. The market, based on indication, has been segmented into age-related macular degeneration (AMD), cataract, glaucoma, eye fatigue, corneal support, eyelid conjunctivitis, and others. The market, based on product type, has been further segmented into antioxidant, neuroprotective, anti-inflammatory, and others. The market, based on supplement type, has been further segmented into vitamins, minerals, fatty acids, and others. The market, on the basis of form, has been bifurcated into tablets/capsules, liquid, gels, gummies, and others. The global Eye Health Supplements Market Growth, by distribution channel, has been categorized as online pharmacy, hospital pharmacy, and retail pharmacy.
Key Findings of the Study
- The Global Eye Health Supplements Market Growth is projected to reach over USD 9,355.09 million by 2025 at a 6.36% CAGR during the review period of 2019 to 2025.
- Based on indication, the age-related macular degeneration (AMD) segment accounted for the largest market share of 22.5% in 2018.
- Based on product type, the antioxidant segment accounted for the largest market share of 38.6% in 2018.
- Based on supplement type, the vitamins accounted for the largest market share of 42.7% in 2018.
- Based on distribution channel, the online pharmacy segment accounted for the largest market share of 44.7% in 2018.
- Key manufacturers in the Eye Health Supplements Market Growth, such as Bausch & Lomb, Incorporated, Alcon, Pfizer, Inc., Amway, are adopting geographic expansions, corporate acquisitions, and product launches as growth strategies.
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Key Players
Market Research Future (MRFR) recognizes Bausch & Lomb Incorporated, Alcon, Pfizer, Inc., NUSAPURE, Alliance Pharma PLC, Vitabiotics Ltd, Amway, Akorn Incorporated, EyeScience, Nordic Naturals, as the Key Players in the Global Eye Health Supplements Market Growth.
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According to the latest report by IMARC Group "Eye Health Supplements Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", The global eye health supplements market exhibited moderate growth during 2015-2020.
Looking forward, IMARC Group expects the market to grow at a CAGR of around 6% during the forecast period (2021-2026).Eye health supplements assist in preserving the vision and maintaining overall eye health.
They also minimize the risk of cataracts, age-related macular degeneration (AMD) and other visiondisorders, which may lead to partial or complete blindness.
As a result, their demand is escalating across the globe.Request for a free sample copy of this report: https://www.imarcgroup.com/eye-health-supplements-market/requestsampleMarket Trends:Significant hours spent on computers, tablets, and smartphones are increasing the risk of developing computer vision syndrome (CVS) and myopia.
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.
