Global Eye Health Supplements Market

Eye Health Supplements Market Size, Share, Growth Analysis, By Ingredient Type(Lutein and Zeaxanthin, Antioxidants, Omega-3 Fatty acids, Coenzyme Q10), By Indication(Age-related Macular Degeneration, Cataract, Dry Eye Syndrome, Inflammation), By Formulation(Tablets, Capsules, Powder, Softgels), By Region - Industry Forecast 2025-2032


Report ID: SQMIG35I2201 | Region: Global | Published Date: September, 2024
Pages: 219 | Tables: 125 | Figures: 77

Eye Health Supplements Market Regional Insights

North America held the biggest market revenue share of 35.6% in 2023. The rising prevalence of chronic eye diseases, particularly AMD, diabetic retinopathy, glaucoma, and dehydrated eye syndrome, as well as increased awareness and availability of commercialized eye health supplements, are a few of the key factors contributing to North America's largest revenue share. Furthermore, a surge in new products for eye care supplements in the region is a major factor driving market expansion in North America.  

Asia Pacific is expected to rise at a rapid pace all over the forecast period. Factors driving the market in the region include the presence of a significant number of local market participants offering innovative and cheap eye health supplements, as well as rising outsourcing hubs for eye health supplements such as China, India, and the Philippines. Furthermore, increased eye health consciousness is favorably boosting regional market growth. Furthermore, the rising prevalence of eye-related illnesses in Asian countries is likely to be a major market driver. According to an International Finance Corporation research, China is seeing a 6.0% growth in blindness cases per year, with the country housing roughly one-fifth of the world's blind population.

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Global Eye Health Supplements Market size was valued at USD 1.79 Billion in 2022 and is expected to grow from USD 1.9 Billion in 2023 to reach USD 3 Billion by 2031, at a CAGR of 5.9 % during the forecast period (2024-2031). 

To preserve their market position, key corporations are pursuing various business strategies such as mergers, collaborations, & new product releases. For example, in 2021 the Japanese business Nippon Flour Mills announced the release of eye and brain flavonoid supplements containing lutein, Ginkgo Biloba, terpene lactone, & zeaxanthin. 'Bausch Health Companies Inc. ', 'Vitabiotics Ltd. ', 'Alcon Inc. ', 'The Nature's Bounty Co. ', 'Amway Corporation ', 'ZeaVision Holdings, Inc. ', 'Swanson Health Products, Inc. ', 'GNC Holdings Inc. ', 'Nature's Way Products, LLC ', 'EyePromise ', 'Nutraceutical Corporation ', 'Church & Dwight Co., Inc. ', 'EyeScience Labs, LLC ', 'NOW Foods ', 'Ocuvite (Abbott Laboratories) ', 'Carlson Labs'

The rising prevalence of eye-related disorders, such as age-related macular degeneration (AMD), cataracts, and dry eye syndrome, is driving the demand for eye health supplements. As the aging population increases globally, the incidence of these disorders is expected to rise, creating a growing market for supplements that support eye health.

Increasing Consumer Awareness and Proactive Approach to Eye Health: There is a growing awareness among consumers about the importance of maintaining good eye health and preventing age-related eye conditions. Consumers are taking a proactive approach to eye health and seeking out eye health supplements as a part of their overall wellness regimen.

North America held the biggest market revenue share of 35.6% in 2023. The rising prevalence of chronic eye diseases, particularly AMD, diabetic retinopathy, glaucoma, and dehydrated eye syndrome, as well as increased awareness and availability of commercialized eye health supplements, are a few of the key factors contributing to North America's largest revenue share. Furthermore, a surge in new products for eye care supplements in the region is a major factor driving market expansion in North America.  

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Global Eye Health Supplements Market

Report ID: SQMIG35I2201

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