Eye Health Supplements Market Analysis
The market is divided into lutein and zeaxanthin, antioxidants, omega-3 fatty acids, coenzyme Q10, flavonoids, alpha-lipoic acid, astaxanthin, and other ingredient types. The lutein and zeaxanthin segment of the market is forecasted to reach USD 1.5 billion by 2032.
- Lutein and zeaxanthin, two carotenoids, are known for their ability to filter and absorb harmful blue light emitted by digital screens and artificial lighting. By reducing blue light exposure, these carotenoids help mitigate digital eye strain and protect the retina from potential damage. As a result, their adoption in eye health supplements is increasing globally.
- Additionally, these carotenoids are highly concentrated in the macula, the central part of the retina responsible for sharp, central vision. Lutein and zeaxanthin help protect the macula from oxidative stress and damage caused by free radicals, potentially lowering the risk of age-related macular degeneration (AMD).
- Moreover, both lutein and zeaxanthin possess anti-inflammatory properties, which can help reduce inflammation in the eyes and support overall ocular health.
- Furthermore, lutein and zeaxanthin contribute to the overall health of the eye by supporting cellular integrity and reducing oxidative damage. Their antioxidant properties play a crucial role in maintaining long-term eye health, thereby propelling market growth in the eye health supplements sector.
Based on indication, the eye health supplements market is segmented into age-related macular degeneration (AMD), cataract, glaucoma, eye fatigue, corneal support, eyelid conjunctivitis, and other indications. The age-related macular degeneration (AMD) segment accounted for USD 780.2 million in 2023.
- Age-related macular degeneration affects the macula, the central part of the retina responsible for sharp, central vision. Eye health supplements often contain nutrients like lutein, zeaxanthin, vitamin C, vitamin E, and zinc, which are crucial for maintaining the health and function of the macula.
- Age-related macular degeneration is also associated with oxidative stress and damage to retinal cells. Antioxidants such as vitamins C and E, along with carotenoids, help to neutralize free radicals and reduce oxidative damage, potentially slowing the progression of age-related macular degeneration.
- Chronic inflammation is another factor contributing to a leading revenue share of the age-related macular degeneration segment. Supplements with anti-inflammatory properties can help reduce inflammation in the retina and support overall eye health. Consequently, the demand for eye health supplements for treating age-related macular degeneration is high, which is fueling the revenue growth in the segment.
Based on formulations, the eye health supplements market is divided into tablet/capsule, liquid, gels, gummies, and powder. The tablet/capsule segment of the market is forecasted to reach USD 2 billion by 2032.
- Tablets and capsules offer precise and consistent dosing of active ingredients. This ensures that individuals receive the exact amount of nutrients needed for effective eye health support.
- They are formulated with specific combinations of nutrients tailored to support eye health. This allows for the creation of comprehensive supplements that address various aspects of eye health and conditions like age-related macular degeneration (AMD).
- Further, tablets and capsules are easy to take and incorporate into daily routines. They are portable and require minimal preparation, making them a convenient option for people with busy lifestyles, thus propelling the growth of the tablet and capsule segment.
Based on distribution channel, the eye health supplements market is bifurcated into hospital pharmacy, retail pharmacy, and online pharmacy. The retail pharmacy segment is forecasted to reach USD 2 billion by 2032.
- Retail pharmacies are widely accessible and often located in convenient locations such as shopping centers, grocery stores, or standalone outlets. This makes it easy for consumers to purchase eye health supplements as part of their regular shopping routine.
- Pharmacists across retail pharmacies are trained professionals who can provide personalized advice and recommendations based on individual health needs and conditions. They can help consumers select the right eye health supplements and offer guidance on proper usage.
- Moreover, retail pharmacies often carry products that adhere to strict quality standards and regulatory requirements. Consumers can have confidence in the safety and efficacy of the supplements available at these locations, thereby catalyzing market growth.
The growth of the eye health supplements market in the U.S. is projected to reach USD 1.8 billion by 2032.
- The U.S. has a highly developed healthcare system with extensive research facilities, advanced clinical trials, and a robust regulatory framework overseen by the FDA. This supports the development and availability of high-quality eye health supplements.
- There is increasing awareness among U.S. consumers about the importance of eye health, driven by factors such as aging populations, high screen time, and a focus on preventive health. This awareness fuels demand for supplements that support eye health and prevent conditions like age-related macular degeneration (AMD).
The eye health supplements market in the UK is expected to experience significant and promising growth from 2024 to 2032.
- The prevalence of digital devices has led to increased screen time, which can contribute to eye strain and fatigue. This has fueled demand for eye health supplements in the UK that can help protect the eyes from the harmful effects of blue light. For instance, according to a House of Commons Committee report from the UK Parliament, about a 52% increase in children’s screen time was observed between 2020 and 2022.
- Moreover, the UK government has consistently focused on updating its existing regulations, such as The Food Supplements (England) Regulations 2003, to ensure the safety and quality of dietary supplements, which has boosted consumer confidence in eye health supplement products, thereby contributing to market growth.
Japan's eye health supplements market is anticipated to witness lucrative growth between 2024 and 2032.
- Japan is a leader in research and innovation within the nutraceutical and pharmaceutical industries. The country invests significantly in R&D, leading to the development of novel and advanced eye health supplements with cutting-edge formulations and technologies.
- The Japanese market is home to numerous well-established pharmaceutical and nutraceutical companies that produce high-quality eye health supplements. This strong market presence ensures a wide range of product options and high standards of quality.
The eye health supplements market in Saudi Arabia is expected to experience significant and promising growth from 2024 to 2032.
- Collaborations between pharmaceutical companies, healthcare providers, and research institutions in Saudi Arabia are advancing the development and distribution of effective eye health supplements. These partnerships enhance the quality and availability of products.