Eye Care Supplement Market Report

There is an increasing number of age-related eye ailments, such as macular degeneration, cataracts, and glaucoma, which is mainly responsible for market expansion. Since age-related eye diseases are becoming more common, it is imperative to prioritize their prevention and early detection as important public health goals. Age-related macular degeneration (AMD) is a primary cause of central vision loss among the elderly with rapid urbanization. Based on one research study, the incidence of AMD is 14% at 70 years old, increasing to 56% at 80 years old, and 20% at 90 years old. The National Institute of Health (NIH) reported that the occurrence rates of nuclear sclerosis (NS) are about 65.2%, cortical cataract (CC) at 24.6%, and posterior subcapsular cataract (PSC) at 43.4%, respectively. Genetic influences are important in determining the likelihood of older individuals with diabetes developing cataracts and glaucoma.

In 2040, it is estimated that more than 111 million individuals worldwide will have been impacted by glaucoma, the leading cause of blindness, which is a significant public health concern. Eye care supplements play a pivotal role in maintaining all-over eye health and preventing any vision disorders, which boosts market expansion. However, the adoption of more digital devices with the continuously changing lifestyle, involves more time spent in front of screens, However, digital eye strain, which can cause symptoms like dry eyes, eye discomfort, blurred vision, headaches, and neck or shoulder pain, can be brought on by prolonged use of digital screens. This is the result of prolonged screen time that puts pressure on the eyes and requires concentration. Despite this, blue light from digital devices increases the digital strain.

Exposure to various sources of pollution, including smoke, road dust, industrial emissions, pollen, yard equipment powered by gas, household chemicals, and vehicle emissions. Long-term or short-term exposure to air pollution can cause a variety of health problems. have increased the incidence of eye health issues in addition to unhealthy eating. However, there is growing concern about the possible long-term effects of using electronic devices for screen time. This is especially true for long screen times and screens that are too close to the eyes. Supplements offer a practical way to include essential nutrients in a diet to promote healthy vision, which drives market growth.

A rising trend towards preventative healthcare focused on promoting healthy eyes and avoiding the development or advancement of eye ailments is evident. However, regular eye exams are one of the essential preventive practices that help in early warning signs, detection of eye conditions such as glaucoma, cataracts, macular degeneration, and diabetic retinopathy, and timely intervention and treatment. As consumers increasingly seek supplements to support eye health proactively rather than waiting for issues to develop. Items targeted towards preventative care, with scientific evidence to back up their effectiveness, have the potential to attract this specific market. Apart from this, technological advancements in novel approaches with advanced formulations such as soft gels, eye drops, and chewable gummies boost bioavailability and consumer convenience. The enhanced effectiveness and attractiveness of eye care supplements led to the popularity of eye care supplements, driving market growth.

• Rising awareness about blue light exposure
• Increasing incidence of age-related eye diseases led to more eye care supplement
• Growing trends toward natural, organic and green-label products
• Rising consciousness about eye care with advanced formulations

Even though there is increasing scientific evidence backing the advantages of specific nutrients for eye health, there is uncertainty among healthcare professionals and consumers regarding the effectiveness of supplements, which can affect market approval. The absence of properly executed clinical trials or conflicting research results can erode trust among consumers. Certain eye conditions, such as glaucoma, cataracts, and age-related macular degeneration, cannot be cured by health care supplements; it may take a longer time to show their effectiveness. Therefore, patients with such types of vision conditions only require some surgical procedures, such as LASIK eye surgery, glaucoma implant surgery, and minimally invasive glaucoma surgery (MIGS). Apart from this, consumers and healthcare providers are seeking more and more scientific evidence to support the effectiveness claims of eye care supplements. Relying on clinical trials and research to validate these claims presents a difficulty since carrying out thorough studies can be expensive and time-consuming. Lack of credible evidence to support claims can damage product credibility and hinder market acceptance.

Rising awareness about digital well-being, exposure to blue light and age-related vision disorders, and rising demand for preventive and diagnostic measures significantly drive market growth. The increasing expansion of pharmaceutical industries with novel approaches is essential in the eye care industry. For instance, in June 2024, Bausch + Lomb Corporation announced the U.S. launch of Blink NutriTears, an OTC supplement with proven clinical results that address the main reasons for dry eyes, boosts the production of healthy tears, and offers visible relief from dry eye symptoms within just two to four weeks.

Additionally, in May 2024, Healthy Cell’s Eye Health launched Microgel, which is the latest innovation in ultra-absorbable gel supplements. A microgel supplement provides a convenient and efficient option for individuals seeking to maintain their vision and experience peak eye health. Microgel is a product designed to support eye health and contains carotenoids and vital micronutrients such as lutein, zeaxanthin, astaxanthin, lycopene, vitamin A, and vitamin E. These components enhance eyesight, defend against oxidative damage, and maintain retinal well-being. Such new products with proven efficacy by key players are accountable for market expansion.

The market for eye care supplements is largely driven by North America's aging population and rising prevalence of chronic eye diseases such as cataracts, glaucoma, myopia, and age-related macular degeneration. According to the Centers for Disease Control and Prevention (CDC) states that cataracts are the primary cause of blindness globally and the top cause of vision impairment in the US. Furthermore, it is estimated that 20.5 million Americans who are 40 years old and above are affected by cataracts in either one or both eyes. Apart from this, consumers in North America place importance on supplements supported by scientific studies, recommended by healthcare professionals, and made with natural ingredients. A preference is also present for products that are non-GMO, organic, or without any of additives driving the market growth in North America. In the Asia Pacific region eye care supplement market is driven by rising awareness about screen exposure with the increase in disposable income and aging population along with the adoption of preventive healthcare practices.

The report provides a detailed overview of the eye care supplement market insights in regions including North America, Latin America, Europe, Asia-Pacific, Oceania, and the Middle East and Africa. The country-specific assessment for eye care supplement market has been offered for all regional market share, along with forecasts, market scope estimates, price point assessment, and impact analysis of prominent countries and regions. Throughout this market research report, Y-o-Y growth and CAGR estimates are also incorporated for every country and region, to provide a detailed view of the eye care supplement market. These Y-o-Y projections on regional and country-level markets brighten the political, economic and business environment outlook, which are anticipated to have a substantial impact on the growth of the eye care supplement market. Some key country and region included in the eye care supplement market report as follows:

• Eye care supplement market detailed segments and segment-wise market breakdown
• Eye care supplement market dynamics (Recent industry trends, drivers, restraints, growth potential, opportunities in eye care supplement industry)
• Current, historical and forthcoming 10 years market valuation in terms of eye care supplement market size (US$ Mn), volume (Units), share (%), Y-o-Y growth rate, CAGR (%) analysis
• Eye care supplement market demand analysis
• Eye care supplement market pricing analysis over forecast period (by key segment and by region)
• Eye care supplement market regional insights with region-wise market breakdown
• Competitive analysis – key companies profiling including their market share, product offerings, and competitive strategies.
• Latest developments and innovations in eye care supplement market
• Regulatory landscape by key regions and key countries
• Supply chain and value chain analysis in eye care supplement market
• Eye care supplement market sales and distribution strategies
• A comprehensive overview of parent market
• A detailed viewpoint on eye care supplement market forecast by countries
• Mergers and acquisitions in eye care supplement market
• Essential information to enhance market position
• Robust research methodology