Eye Health Supplements Market Overview:
The Eye Health Supplements Market analysis provides a full insight into the competition, including the market share and company profiles of the key worldwide rivals. The scope of the research covers a thorough investigation of the Eye Health Supplements Market, as well as the causes for variances in the industry’s growth in different regions.
The Eye Health Supplements Market is expected to reach USD 2.40 billion by 2029, with a CAGR of 6.1 % between 2023 and 2029.
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Following the completion of market engineering, which comprised market statistics calculations, estimations of market size, market projections, market breakdown, and data triangulation, major primary research was conducted to obtain information and verify and validate critical numbers. Top-down and bottom-up strategies, as well as several data triangulation procedures, were often used throughout the market engineering process to perform market estimating and forecasting for the overall market segments and sub-segments discussed in this research. In order to give vital information throughout the report, extensive qualitative and quantitative analysis is done on all data gathered throughout the market engineering process.
Segmentation:
According to Formulation, the eye health supplement industry was led by tablets in 2021, accounting for 40.6 percent of total sales. Eye health vitamins are becoming more and more popular in tablet form due to their extensive availability in a variety of formats, including chewable pills, sustained-release tablets, and sublingual and buccal tablets. Since they are less expensive than other supplement forms and are very well-liked by patients of all ages, tablets are also driving the market. The longer shelf life of tablets in comparison to powder and liquid forms is another factor driving up demand for tablet formulations.
On the other hand, the soft gels market is anticipated to expand rapidly over the course of the projected period. Soft gels are a fantastic way to consume nutrients that are liquid or oil-based.
1 Global Eye Health Supplements Market, by Ingredient Type (2022-2029)
• Lutein and Zeaxanthin
• Antioxidants
• Omega-3 Fatty acids
• Coenzyme Q10
• Flavonoids
• Alpha-Lipoic Acid
• Astaxanthin
• Other Supplements
2 Global Eye Health Supplements Market, by Indication (2022-2029)
• Age-related Macular Degeneration (AMD)
• Cataract
• Dry Eye Syndrome
• Inflammation
• Others
3 Global Eye Health Supplements Market, by Formulation (2022-2029)
• Tablets
• Capsules
• Powder
• Softgels
• Liquid
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Key Players:
Primary and secondary research is used to identify market leaders, and primary and secondary research is used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.
• The biggest players in the Eye Health Supplements Market are as follows:
1.The Nature's Bounty Co.
2.Vitabiotics Ltd.
3.Pfizer Inc.
4.Amway International
5.Bausch Lomb
6.Nutrivein
7.ZeaVision LLC
8.Kemin Industries, Inc.
9.EyeScience
10.Nutrachamps
11.Biosyntrx Inc.
12.Nordic Naturals Inc.
13.Bristol-Myers Squibb Company
14.Healths Harmony USA Supplements LLC
15.NUSAPURE
16.Life Extension
17.OmniActive Health Technologies
18.Algatechnologies
19.Alliance Pharma
20.NovaBay
Regional Analysis:
Individual market influencing components and changes in market regulations affecting the present and future market trends are also included in the regional overview of the Eye Health Supplements Market analysis. Current and future trends are researched in order to assess the entire market potential and identify profitable patterns in order to get a stronger foothold. The geographical market assessment is based on the present environment and expected developments.
COVID-19 Impact Analysis on the Eye Health Supplements Market:
End-user industries where Eye Health Supplements Market is utilized saw a dip in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a pause in operations. This resulted in a significant decrease in the revenues of businesses working in these industries and, as a result, in demand for Eye Health Supplements Market manufacturers, influencing the development of the Eye Health Supplements Market in 2020. End-user business demand for Eye Health Supplements Market has declined significantly as a result of lockdowns and an increase in COVID-19 events worldwide.
Key Questions Answered in the Eye Health Supplements Market Report are:
In 2021, which segment held the highest proportion of the Eye Health Supplements Market?
What is the Eye Health Supplements Market’s competitive landscape?
What are the primary drivers assisting the Eye Health Supplements Market growth?
Which region has the most market share in the Eye Health Supplements Market?
What will be the Eye Health Supplements Market’s CAGR throughout the projected period?
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