Global Eye Health Supplements Market is anticipated to rise at a value CAGR of 10.9 % over 2019-2028. According to a study published by Insure Insights on the Global Eye Health Supplements Market. Eye Health Supplements are those supplements that are being used to improve eye vision by providing essential nutrients required to the eyes. It includes nutrients like Lutein, Zeaxanthin, Omega 3 fatty acids, etc. It is being used in cases like Age Related Macular Degeneration (AMD), Glaucoma, Diabetic Retinopathy, etc. Ongoing product launches by the competitors and new innovation for providing better eye health are driving the market growth.
Top Driver: The surge in the population growth of people suffering from Vitamin A deficiency.
The surge in population growth, the rise in the geriatric population, and increase in the number of individuals suffering from Vitamin A deficiency are primarily influencing the market. The rise in the prevalence of lifestyle habits like smoking has led to the AMD (Age-Related Macular Degeneration) the continuous use of the smartphone has triggered the demand for Eye health supplements. The rise in the incidences of diseases like diabetes and an increase in the government initiatives research activities have further escalated the growth of the market.
Lutein and Zeaxanthin have made the highest contribution in the Global Eye Health Supplements Market
Based on the Ingredient, Lutein and Zeaxanthin segment have made the highest contribution in the market; they are used in order to protect and maintain healthy cells in the eyes by filtering harmful high-energy blue wavelengths. Lutein consists of anti-inflammatory properties and is essential to prevent age-related macular disease and thus is helpful in blindness and vision impairment and thus have improved its demand in the market
In terms of the Application, Age-Related Macular Degeneration segment has obtained the most remarkable growth owing to the rise in the incidences of AMD, stress, high blood pressure, and lifestyle habits like smoking have further improved the growth. Based on the End User, pharmacy stores segment have held the highest market growth owing to the high availability of various eye supplements in these stores.
North America dominated the Global Eye Health Supplements Market
The rise in the incidences of chronic eye disorders and an increase in the geriatric population are primarily improving regional market growth. The favorable reimbursement scenario and an increase in the awareness about eye health supplements are contributing to the regional growth of North America. Ongoing product launches and developments for the development of better eye product, Increase in research & development activities, and improvement in the insurance sectors, have escalated the regional revenue.
Product Launches, new advances Strategic Collaborations, Mergers, and Acquisition, are the major strategies of the competitors
The Players of the Global Eye Health Supplements focuses on product launches, new advances collaborations, mergers, and acquisitions are the key strategies. The key competitors of the Global Eye Health Supplements Market are Vitabiotics Ltd., Pfizer Inc., Bausch Health Companies Inc., Novartis AG, Amway Corp., Alliance Pharma, The Nature’s Bounty Co, Herbalife International of America, Inc., SUSS Technology Corp., and Butterflies Healthcare Ltd
Novartis AG: Novartis AG, is one of the key competitors of the Global Eye Health Supplements Market; for instance, In April 2019, Novartis AG had announced the that the FDA had accepted Novatis’s biologics license application (BLA) for brolucizumab (RTH258) in the treatment of wet age-related macular degeneration (AMD) and thus Novartis will be shortly launching brolucizumab for AMD treatment.
Pfizer Inc.: Pfizer Inc. is a popular competitor in the Global Eye Health Supplements Market. In July 2019, Pfizer Inc had announced that it had completed the acquisition of Array BioPharma Inc. They are involved in the discovery, development of targeted small molecule medicines to treat cancer. The acquisition was made by Pfizer to strengthen its product portfolio with Oncology medicines like BRAFTOVI and MEKTOVI.
Scope of the Report
- Lutein and Zeaxanthin
- Omega-3 Fatty Acids
- Coenzyme Q10
- Age Related Macular Degeneration (AMD)
- Diabetic Retinopathy
By End User
- North America
- Asia Pacific
Key Reasons to Purchase this Report
- It provides a technological development map over time to understand the growth rate of the industry.
- The report offers a dynamic method to various factors that drive or restrain the growth of the market.
- It renders definite analysis for changing competitive dynamics.
- It builds a seven-year estimate based on how the market is predicted to grow.
Table of Content
Chapter 1 Overview And Scope
1.1 Market Vision
1.1.1 Market Definition
1.1.2 Market Scope
1.2 Market Segmentation
Chapter 2 Our Research Practice
2.1 Our Research Methodology
2.2 Data Triangulation
2.3 Data Sources
2.4 Assumptions for the study
2.5 Approach Adopted
Chapter 3 Executive Summary
3.1 Market Snapshot
3.2 Regional Snapshot
3.3 Segment Summary
Chapter 4 Covid-19 Impact Analysis
4.2 Prevalence analysis
4.3 Key Factor Impact Analysis
Chapter 5 Global Eye Health Supplements Market Forces
5.1 What’s Driving the Market
5.2 Porter’s Five Forces Analysis
5.2.1 Power of Suppliers
5.2.2 Threats From New Entrants
5.2.3 Power of Buyer
5.2.4 Threat From Substitute Ingredient
5.2.5 Degree of Competition
Chapter 6 Global Eye Health Supplements Market -Industry Snapshots
6.1.1 Global Eye Health Supplements Market Value, 2019 – 2028, (US$ Bn)
6.2 Market Overview
6.2.1 Drivers Analysis
6.2.2 Restraint/Challenges analysis
6.2.3 Opportunity Analysis
6.3 Supply Chain/Value Chain Analysis
6.4 Market SWOT Analysis
Chapter 7 Global Eye Health Supplements Market Analysis, by Ingredient
7.2 Key Findings for Eye Health Supplements Market- By Ingredient
7.2.1 Eye Health Supplements Market-Lutein and Zeaxanthin
7.2.2 Eye Health Supplements Market-Antioxidants
7.2.3 Eye Health Supplements Market-Omega-3 Fatty Acids
7.2.4 Eye Health Supplements Market- Coenzyme Q10
Chapter 8 Global Eye Health Supplements Market Analysis, by Application
8.2 Key Findings for Eye Health Supplements Market- By Application
8.2.1 Eye Health Supplements Market- Age Related Macular Degeneration (AMD)
8.2.2 Eye Health Supplements Market- Glaucoma
8.2.3 Eye Health Supplements Market- Cataract
8.2.4 Eye Health Supplements Market- Diabetic Retinopathy
Chapter 9 Global Eye Health Supplements Market Analysis, by End User
9.2 Key Findings for Eye Health Supplements Market- By End User
9.2.1 Eye Health Supplements Market- Pharmacy
9.2.2 Eye Health Supplements Market- Online stores
Chapter 10 Eye Health Supplements Market Analysis by Region
10.1 Key Findings for Eye Health Supplements Market- By region
10.2.1 Global Eye Health Supplements Market Analysis, By Ingredient, 2019 – 2028
10.2.2 Global Eye Health Supplements Market Analysis, By Application, 2019 – 2028
10.2.3 Global Eye Health Supplements Market Analysis, By End User , 2019 – 2028
10.3 Eye Health Supplements Market – North America
10.3.5 North America Market, By Ingredient
10.3.6 North America Market, By Application
10.3.7 North America Market, By End User
10.4 Eye Health Supplements Market – Europe
10.4.3 United Kingdom
10.4.6 Rest Of Europe
10.4.7 Europe Market, By Ingredient
10.4.8 Europe Market, By Application
10.4.9 Europe market by, End User
10.5 Eye Health Supplements Market – Asia Pacific
10.5.5 Rest of APAC
10.5.6 Asia Pacific Market, By Ingredient
10.5.7 Asia Pacific Market, By Application
10.5.8 Asia Pacific Market, By End User
10.6 Eye Health Supplements Market – LAMEA
10.6.2 Middle East & Africa (MEA)
10.6.3 Latin America
10.6.4 Rest Of World
10.6.5 Latin America, Middle East and Africa Market, By Ingredient
10.6.6 Latin America, Middle East and Africa Market, By Application
10.6.7 Latin America, Middle East and Africa Market, By End User
Chapter 11 Market Competition Analysis
11.1 Market Share/Positioning Analysis
11.1.1 Market Positioning of Key Vendors, 2019
11.1.2 Key Strategies Adopted by the Leading Players
11.1.3 Recent Developments
Chapter 12 Company Profiles- Snapshot
12.1 Vitabiotics Ltd.
12.1.1 Business Fundamentals
12.1.2 Financial Snapshots
12.1.3 Ingredient Portfolio
12.1.4 Recent Developments
12.2 Pfizer Inc.
12.3 Bausch Health Companies Inc.
12.4 Novartis AG
12.5 Amway Corp.
12.6 Alliance Pharma
12.7 The Nature’s Bounty Co.
12.8 Herbalife International of America, Inc
12.9 SUSS Technology Corp.
12.10 Butterflies Healthcare Ltd
*More than 10 Companies are profiled in this Research Report*
*Financials would be provided on a best efforts basis for private companies”
Chapter 13 Appendix
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