Global Eye Care Supplement Market Set to Grow Exponentially, Reaching US$ 4,613.0 Million by 2034 at a CAGR of 6.5% | Future Market Insights
The US eye care supplement market grows at 7.0% CAGR to 2034. Increasing awareness on eye health fuels demand. Supplements cater to digital eye strain concerns. Tablet Segment is expected to constitute a share of 21.5% in the Eye Care Supplement Market in 2024, FMI Report
NEWARK, Del, Dec. 04, 2023 (GLOBE NEWSWIRE) -- The global eye care supplement market is anticipated to reach a valuation of *US$ 2,457.5 million* in 2024, driven by consumer convenience. The trend is expected to create new opportunities for the market, leading to a projected *CAGR of 6.5%* between 2024 and 2034, and reaching a total valuation of approximately *US$ 4,613.0 million* by 2034.One of the major factors contributing to the growth of the market is the advancements in supplement delivery systems, such as nanoemulsions or encapsulation technologies, can enhance the bioavailability of key nutrients, improving the effectiveness of eye care supplements.
*Request a Sample copy of this Report: *https://www.futuremarketinsights.com/reports/sample/rep-gb-18472
Consumers are increasingly looking for preventive health measures rather than just treatment options. Eye care supplements positioned as preventive measures against age related eye conditions are expected to see heightened demand.
Ongoing research into novel ingredients with potential benefits for eye health can lead to the development of innovative supplements. Ingredients such as lutein, zeaxanthin, omega 3 fatty acids, and astaxanthin continue to be areas of interest.
The incorporation of eye health-promoting ingredients into functional foods and beverages, in addition to traditional supplement forms, is gaining popularity. Educational initiatives about the importance of eye health and the role of supplements through advertising, social media, and other channels can influence consumer behavior and drive market growth.
There is a growing potential for the eye care supplement market to expand in regions where eye health may not have been a primary focus previously, as healthcare awareness increases in emerging markets.
*Key Takeaways from the Market Study:*
· The global eye care supplement market was valued at US$ 2,301.8 million by 2023-end.
· From 2019 to 2023, the market demand expanded at a CAGR of 6.0%.
· The market in the United States is expected to expand at a CAGR of 7.0% through 2034.
· By dosage form, the tablet segment to account for a share of 21.5% in 2024.
· From 2024 to 2034, the eye care supplement market is expected to flourish at a CAGR of 6.5%.
· By 2034, the market value of eye care supplements is expected to reach US$ 4,613.0 million.
*“Technology integration, such as mobile apps for tracking eye health and supplement adherence, can create new avenues for consumer engagement and product differentiation”,* opines Sabyasachi Ghosh Associate Vice President at Future Market Insights (FMI).
*Eye Care Supplement Market Report Scope:*
*Attribute* *Details*
*Estimated Market Size in 2024* *US$ 2,457.5 million*
*Projected Market Valuation in 2034* *US$ 4,613.0 million*
*Value-based CAGR 2024 to 2034* *6.5* *%*
*Forecast Period* *2024 to 2034*
*Historical Data Available for* *2019 to 2023*
*Market Analysis* *Value in US$ million*
*Key Regions Covered* *North America Latin America Western Europe Eastern Europe South Asia and Pacific East Asia The Middle East & Africa*
*Key Market Segments Covered* *Ingredients Dosage Form Route of Administration Indication Distribution Channel Region*
*Key Countries Profiled* *The United States Canada Brazil Mexico Germany France France Spain Italy Russia Poland Czech Republic Romania India Bangladesh Australia New Zealand China Japan South Korea GCC countries South Africa Israel*
*Key Companies Profiled* · *Novartis AG*
· *Bausch & Lomb Incorporated*
· *Amway Corp.*
· *Vitabiotics Ltd.*
· *Alliance Pharma*
· *The Nature's Bounty Co*
· *ZeaVision, LLC.*
· *Akorn Consumer Health*
· *Eyescience Labs*
· *Kemin Industries Inc.*
· *NutraChamps*
· *Nutrivein*
· *Biosyntrx Inc*
· *Nordic Naturals Inc.*
· *Bristol-Myers Squibb Company*
· *Healths Harmony LLC*
· *NUSAPURE*
· *Vitabiotics Ltd.*
· *EyeScience*
· *Butterflies Healthcare Ltd.*
· *Allergan plc*
· *Herbalife Nutrition Ltd.*
*Act Now to Explore In-Depth Market Analysis: Get an Exclusive Discount Now to Access Market Reports: *https://www.futuremarketinsights.com/checkout/18472
*Recent Developments:*
· In 2023, Bausch + Lomb Corporation announced the release of PreserVision® AREDS 2 Formula soft gels with added coenzyme Q10. Designed as a convenient two-in-one solution, PreserVision AREDS 2 Formula eye vitamins, combined with CoQ10, stand as the sole eye vitamin integrating the precise nutrient formula endorsed by the National Eye Institute. The combination aims to reduce the risk of moderate to advanced progression of Age-related Macular Degeneration while also supporting heart health.
· In 2022, Wellbeing Nutrition, a prominent research-based wholefood nutrition company in India, unveiled Melts Eye Care, which is an all-natural eye vitamin.
*Segmentation Analysis of the Eye Care Supplement Market:*
*By Ingredients:*
· Lutein and Zeaxanthin
· Antioxidants
· Omega 3 Fatty Acids
· Coenzyme Q10
· Flavonoids
· Astaxanthin
· Alpha Lipoic Acid
· Others
*By Dosage Form:*
· Tablet
· Capsules
· Gels
· Liquid
· Gummies*By Route of Administration:*
· Oral
· Topical
· Parental*By Indication:*
· Age Related Macular Degeneration
· Cataract
· Dry Eye Syndrome
· Glaucoma
· Others*By Distribution Channel:*
· Retail Pharmacies
· Hospital Pharmacies
· Online Pharmacies
· Ophthalmic Stores
*By Region:*
· North America
· Latin America
· Western Europe
· Eastern Europe
· South Asia & Pacific
· East Asia
· The Middle East & Africa*Author By:*
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
*Explore FMI’s related ongoing Coverage in the **Healthcare Market Insights** Domain:*
Eyelid Scrub Market Size: According to Future Market Insights research, during the projected period, the global market is expected to flourish at a CAGR of 6.6%. The market value is projected to increase from US$ 3.4 billion in 2024 to US$ 6.4 billion by 2034.
Contact Lens Solution Market Share: The global market is expected to grow at a CAGR of 4.3% from 2024 to 2034. The market value is projected to increase from US$ 1.83 billion in 2024 to US$ 2.78 billion by 2034.
Dental Hygiene Instrument Market Demand: The global market is expected to expand at a CAGR of 4.6%. The market value is projected to increase from US$ 4,946.2 million in 2024 to US$ 7,747.7 million by 2034.
Cold Relief Roll On Market Growth: The market size is projected to surpass a valuation of US$ 1,156.5 million by 2033. As per the analysis, the cold relief roll on the industry is likely to record a CAGR of 8.3% through 2033. As of 2023, the current market valuation stands at a substantial US$ 520.9 million.
Cosmetic Peptide Manufacturing Market Outlook: The global market is expected to grow at a CAGR of 5.4% through 2034. The market value is projected to increase from US$ 244.2 million in 2024 to US$ 411.9 million by 2034.
*About Future Market Insights (FMI) *
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
*Contact Us: *
Nandini Singh Sawlani* *
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
*For Sales Enquiries: *sales@futuremarketinsights.com
*Website:* https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube