Eye Health Supplements Market to Grow with a CAGR of 8.92% through 2029
The increasing
prevalence of eye health issues, coupled with a surge in research and clinical
trials for new formulations is expected to drive the Global Eye Health
Supplements Market growth in the forecast period, 2025-2029.
According to
TechSci Research report, “Eye Health Supplements Market – Global Industry
Size, Share, Trends, Competition Forecast & Opportunities, 2029F”,
the Global Eye Health Supplements Market stood at USD 2.12 billion in 2023 and
is anticipated to grow with a CAGR of 8.92% in
the forecast period through 2029. The global eye health supplements market is experiencing
robust growth, driven by an increasing awareness of eye health and the rising
prevalence of vision-related issues. Conditions such as age-related macular
degeneration (AMD), digital eye strain, and diabetic retinopathy are becoming
more common, particularly among aging populations and individuals with
prolonged screen exposure.
This growing burden of eye
disorders has led consumers to seek preventive measures, significantly boosting
demand for dietary supplements that promote vision health. Furthermore,
advancements in scientific research are uncovering the benefits of specific
nutrients, such as lutein, zeaxanthin, and omega-3 fatty acids, in maintaining
and enhancing ocular health, further fuelling market growth.
As people become more health-conscious, there is a notable shift toward proactive measures to maintain overall well-being, including eye health. The integration of dietary supplements as a part of daily health regimens is gaining traction, particularly among older adults who are more susceptible to age-related eye conditions. Additionally, healthcare professionals are increasingly recommending eye health supplements to patients, which enhances consumer confidence and drives sales.
Another significant factor contributing to market growth is the technological advancements in supplement formulation and delivery systems. Innovations in bioavailability and the development of targeted nutrient combinations are making eye health supplements more effective and appealing to consumers. The rise of personalized nutrition, where supplements are tailored to individual health profiles and needs, is also shaping market dynamics. This trend not only improves the efficacy of the supplements but also fosters greater consumer engagement and adherence.
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Global Eye
Health Supplements Market is segmented into ingredient type, indication, formulation, region and company.
Based on indication,
the
age-related macular degeneration category holds a
leading position in the market of Eye Health Supplements Market. This is due to
the the increasing prevalence of AMD globally which is significantly driving
this segment. According to the International Agency for the Prevention of
Blindness (IAPB), AMD ranks as the third leading cause of blindness worldwide,
and it is the foremost cause in high-income countries with aging demographics.
The BrightFocus Foundation estimates that approximately 11 million individuals
in the U.S. were affected by AMD in 2019, with projections indicating this
figure could double to 22 million by 2050. On a global scale, around 196
million people were diagnosed with macular degeneration in 2020, and this number
is anticipated to rise to 288 million by 2040. This increasing
incidence underscores the urgent need for effective prevention and management
strategies, driving demand for dietary supplements that support eye health.
Factors such as an aging population, changing lifestyles, and heightened
awareness about eye health are contributing to the surge in AMD cases.
Additionally, ongoing research into the role of specific nutrients such as
lutein and zeaxanthin in reducing the risk and progression of AMD is fostering
greater consumer interest in these supplements. As awareness grows and research
advances, the eye health supplements market, particularly for AMD, is poised
for continued expansion in the coming years.
Based on region, The Asia-Pacific is emerging
as a significant region in the eye health supplements market, driven by several
key factors. One of the primary influences is the rapidly aging population in
countries such as Japan, China, and India, where age-related eye conditions,
particularly age-related macular degeneration (AMD) and cataracts, are becoming
increasingly prevalent. As awareness of the importance of maintaining eye
health grows, more consumers are turning to dietary supplements designed to
support vision and prevent ocular diseases. Additionally, the rising
incidence of digital eye strain, fueled by increased screen time from
smartphones, computers, and other devices, is further boosting the demand for
eye health supplements in the region. With a tech-savvy population increasingly
reliant on digital technology for work and leisure, there is heightened
awareness of the adverse effects of prolonged screen exposure, driving
consumers to seek preventative solutions such as eye health supplements. Moreover, the Asia-Pacific
market benefits from growing disposable incomes and a burgeoning middle class,
which are contributing to increased spending on health and wellness products.
The availability of a wider range of eye health supplements, coupled with
effective marketing strategies and endorsements from healthcare professionals,
is enhancing consumer confidence and driving market growth.
Major companies
operating in Global Eye Health Supplements Market are:
- Nestlé
S.A.
- Pfizer
Inc
- Amway
International
- Bausch +
Lomb Corporation
- Nutrivein
- ZeaVision
LLC
- Kemin
Industries, Inc.
- Basic
Brands Inc.
- NutraChamps
- Vitabiotics
Ltd.
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"The evolution of
diagnostic technologies and rising healthcare expenditures are crucial drivers
of the eye health supplements market. In recent years, the growing awareness of
the importance of eye health, particularly related to conditions such as
age-related macular degeneration (AMD) and digital eye strain, has significantly
increased healthcare spending on nutritional interventions and supplements.
Regulatory bodies are updating guidelines and approvals for eye health
formulations, intensifying competition within the market. Moreover, heightened
awareness among consumers and healthcare providers regarding the benefits of
personalized nutrition and targeted eye health solutions has spurred greater
production and marketing efforts in this sector. Manufacturers are increasingly
adopting advanced technologies to enhance nutrient absorption and formulation
efficacy, ensuring efficient production processes. As consumer acceptance
continues to grow and ongoing innovations in supplement formulations and
delivery systems emerge, the eye health supplements market is well-positioned
for robust growth in the coming years”, said Mr. Karan
Chechi, Research Director of TechSci Research, a research-based management
consulting firm.
“Eye Health Supplements Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2019-2029 Segmented By Ingredient Type (Lutein & Zeaxanthin, Antioxidants, Omega-3 Fatty Acids, Coenzyme Q10, Flavonoids, Alpha-Lipoic Acid, Astaxanthin, Others), By Indication (Age-related Macular Degeneration (AMD), Cataract, Dry Eye Syndrome, Inflammation, Others), By Formulation (Tablets, Capsules, Powder, Softgels, Liquid, Others), By Region, and By Competition 2019-2029F”, has evaluated
the future growth potential of Global Eye Health Supplements Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Eye Health Supplements Market.
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