Industry Background:
Eye health supplements refer to nutritional products containing vitamins such as vitamin A, Vitamin C, Vitamin B, and Vitamins B6, B9 and B12. Other nutrients included in the eye health supplements are omega-3 fatty acids, zinc, lutein and zeaxanthin, and others. The increasing number of ophthalmology cells in hospitals and healthcare centers supplementing the growth of eye healthcare supplements. Further, the increasing number of patients with eye disorder such as age-related macular degeneration, cataract, and dry eye syndrome and rising awareness about eye care expected to drive the eye health supplements market over the forecasted period.This growth is primarily driven by Increasing Prevalence of Eye Diseases
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | Kg Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Health Care Distributors sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Vitabiotics Ltd. (United Kingdom), Valeant Pharmaceuticals International Inc. (Canada), Pfizer Inc. (United States), Alliance Pharma (United Kingdom), Nature's Bounty Co. (United States), Novartis AG (Switzerland), Amway Corp (United States), Eye Promise (United States), Allergan (Ireland) and Suss Technology Corporation (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In August 2023, Pfizer Consumer Healthcare acquires Bausch & Lomb's eye care business: A significant move that could reshape the landscape of the eye health supplements market.
In October 2023, The World Health Organization (WHO) releases its first World Report on Vision Calling for increased access to eye care services and highlighting the global burden of vision impairment.The eye health supplements market is expected to continue its strong growth trajectory due to rising awareness of eye health issues, aging population, and increasing disposable income. Competition will intensify as players innovate and cater to evolving consumer demands.
Influencing Trend:
Increasing Applications of Omega-3 Essential Fatty Acids in Eye Health Supplements and Rising Ophthalmologists Recommendation for Eye Health Supplements
Market Growth Drivers:
Increasing Prevalence of Eye Diseases and Growing Awareness about Eye Care Products
Challenges:
Can Cause Side Effects Such As Blurred Vision
Restraints:
Stringent Regulatory Guidelines Limiting Its Growth As It Goes Under Severe Scrutiny before Approval
Opportunities:
Growing Online Distribution Channel for Eye Health Supplements and Increasing Demand from Emerging Economies
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Eye Health Supplements Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Eye Health Supplements Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Eye Health Supplements players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Eye Health Supplements Study Sheds Light on
The Eye Health Supplements Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Eye Health Supplements industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Eye Health Supplements industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.