Market Overview:
The global eye care supplements market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of eye diseases, rising awareness about the benefits of eye care supplements, and growing demand for natural and organic products. The global eye care supplements market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into antioxidant, fatty acids, anti-inflammatory agents, and others (vitamins A & E). The antioxidant segment accounted for a major share of the global eye care supplements market in 2017 owing to its numerous health benefits such as prevention of age-related macular degeneration (AMD) and cataract formation. On the basis of application,the market is divided into five segments:eye health supplementsto maintain overall ocular health;macular degeneration supplementsto prevent vision loss due to AMD;cataract supplmentsto reduce progression or development risk factors associated with cataracts;glaucoma supplmentsto lower intraocular pressure (IOP) levels in people with glaucoma;and diabetic retinopathy supplemenstsfor delaying diabetic retinopathy progression.
Product Definition:
Eye care supplements are vitamins and minerals that help maintain healthy vision. They may include antioxidants, lutein, zinc, and omega-3 fatty acids. The importance of eye care supplements depends on the individual's specific needs. Some people may need more of certain nutrients than others in order to maintain healthy vision.
Antioxidant:
An antioxidant is a substance that inhibits the oxidation of other compounds. Oxidation is the chemical reaction where oxygen reacts with another compound. Antioxidants are used in eye care supplements to prevent or reduce damage to cells, which may result from exposure to UV light or free radicals present in the body. Free radicals are highly reactive and unstable molecules that can cause chain reactions leading to cell damage and death if they reach high enough concentrations inside cells.
Fatty Acids:
Fatty acids are the most important and versatile molecules in eye care supplements. They can be used as anti-oxidants, for treating dry eyes, inflammation & redness of eyes, to reduce puffiness of eyes and prevent damage from vision impairment.
Fatty acids are naturally produced by the body but some people lack natural ability to produce them resulting in a condition known as essential fatty acid deficiency (EFAD).
Application Insights:
The global market for eye care supplements is segmented by application into eye health, macular degeneration, cataract, glaucoma, and diabetic retinopathy. Eye health held the largest share in 2017 owing to the increasing prevalence of ocular disorders such as dry eyes syndrome and vision impairment due to aging. As per WHO estimates published in 2019 Dry Eye Disease Epidemic Report-Global Trends & Impact Factors (2019), around 54% of people across the globe suffer from some form of dry eyes syndrome while over 30% have moderate or severe symptoms. Vision impairment due to aging is also a major concern for many individuals globally with nearly 24 million individuals aged 60 years or above suffering from this condition worldwide as per American Society of Ophthalmology (ASO) statistics published in 2019. Therefore, these factors are anticipated to fuel product demand over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period due to increasing geriatric population, high disposable income, and availability of advanced eye care facilities. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 owing to improving healthcare infrastructure and economic development in emerging countries such as China and India. Moreover, rising awareness about various treatment options for different vision disorders will drive growth further.
The key players operating in this industry are Bausch & Lomb Inc.; Novartis AG; Allergan PLC; Merck KGaA; Pfizer Inc.; Eisai Co., Ltd.; Alcon Entertainment Inc.
Growth Factors:
- Increasing awareness about the benefits of eye care supplements among consumers.
- Growing demand for natural and organic eye care supplements products.
- Rising incidence of vision problems and eye diseases across the globe.
- Proliferation of online retail channels for selling eye care supplements products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Eye Care Supplements Market Research Report
By Type
Antioxidant, Fatty Acids, Anti-Inflammatory
By Application
Eye Health, Macular Degeneration, Cataract, Glaucoma, Diabetic Retinopathy
By Companies
Biosyntrx, Nordic Naturals, Bristol-Myers Squibb Company, Healths Harmony USA Supplements, NUSAPURE, Vitabiotics, Bausch & Lomb, Biosyntrx
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
181
Number of Tables & Figures
127
Customization Available
Yes, the report can be customized as per your need.
Global Eye Care Supplements Market Report Segments:
The global Eye Care Supplements market is segmented on the basis of:
Types
Antioxidant, Fatty Acids, Anti-Inflammatory
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Eye Health, Macular Degeneration, Cataract, Glaucoma, Diabetic Retinopathy
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Biosyntrx
- Nordic Naturals
- Bristol-Myers Squibb Company
- Healths Harmony USA Supplements
- NUSAPURE
- Vitabiotics
- Bausch & Lomb
- Biosyntrx
Highlights of The Eye Care Supplements Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Antioxidant
- Fatty Acids
- Anti-Inflammatory
- By Application:
- Eye Health
- Macular Degeneration
- Cataract
- Glaucoma
- Diabetic Retinopathy
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Eye Care Supplements Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Eye care supplements are products that are meant to improve the health of the eyes. They can include vitamins, minerals, herbs, and other ingredients. Some eye care supplements may also contain antioxidants or other compounds that have been shown to help protect the eyes from damage.
Some of the major players in the eye care supplements market are Biosyntrx, Nordic Naturals, Bristol-Myers Squibb Company, Healths Harmony USA Supplements, NUSAPURE, Vitabiotics, Bausch & Lomb, Biosyntrx.
The eye care supplements market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Eye Care Supplements Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Eye Care Supplements Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Eye Care Supplements Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Eye Care Supplements Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Eye Care Supplements Market Size & Forecast, 2020-2028
4.5.1 Eye Care Supplements Market Size and Y-o-Y Growth
4.5.2 Eye Care Supplements Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Antioxidant
5.2.2 Fatty Acids
5.2.3 Anti-Inflammatory
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Eye Health
6.2.2 Macular Degeneration
6.2.3 Cataract
6.2.4 Glaucoma
6.2.5 Diabetic Retinopathy
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Eye Care Supplements Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Eye Care Supplements Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Antioxidant
9.6.2 Fatty Acids
9.6.3 Anti-Inflammatory
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Eye Health
9.10.2 Macular Degeneration
9.10.3 Cataract
9.10.4 Glaucoma
9.10.5 Diabetic Retinopathy
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Antioxidant
10.6.2 Fatty Acids
10.6.3 Anti-Inflammatory
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Eye Health
10.10.2 Macular Degeneration
10.10.3 Cataract
10.10.4 Glaucoma
10.10.5 Diabetic Retinopathy
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Antioxidant
11.6.2 Fatty Acids
11.6.3 Anti-Inflammatory
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Eye Health
11.10.2 Macular Degeneration
11.10.3 Cataract
11.10.4 Glaucoma
11.10.5 Diabetic Retinopathy
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Antioxidant
12.6.2 Fatty Acids
12.6.3 Anti-Inflammatory
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Eye Health
12.10.2 Macular Degeneration
12.10.3 Cataract
12.10.4 Glaucoma
12.10.5 Diabetic Retinopathy
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Antioxidant
13.6.2 Fatty Acids
13.6.3 Anti-Inflammatory
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Eye Health
13.10.2 Macular Degeneration
13.10.3 Cataract
13.10.4 Glaucoma
13.10.5 Diabetic Retinopathy
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Eye Care Supplements Market: Competitive Dashboard
14.2 Global Eye Care Supplements Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Biosyntrx
14.3.2 Nordic Naturals
14.3.3 Bristol-Myers Squibb Company
14.3.4 Healths Harmony USA Supplements
14.3.5 NUSAPURE
14.3.6 Vitabiotics
14.3.7 Bausch & Lomb
14.3.8 Biosyntrx
