Eye Health Ingredients Market Size, Share, Trend Analysis, and Forecast 2032

Eye Health Ingredients Market: Size

The global eye health ingredients market size was worth around USD 1742.53 million in 2023 and is predicted to grow to around USD 2,894.35 million by 2032 with a compound annual growth rate (CAGR) of roughly 5.80% between 2024 and 2032.

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The report covers a forecast and an analysis of the eye health ingredients market on a global and regional level. The study provides historical data from 2018 to 2022 and a forecast from 2024 to 2032 based on revenue (USD Million).

Eye Health Ingredients Market: Overview

Eye health ingredients comprise different antioxidants, such as astaxanthin, beta-carotene, lutein, and zeaxanthin. Due to changing lifestyles and increasing work pressure, people have adverse effects on their eyesight. The increased eye-related problems like glaucoma, cataract, diabetic retinopathy, etc. have increased the demand for eye health ingredients. These ingredients help in preventing eye-related diseases and are a healthy source of vision. The product penetration is increasing, as they help in protecting the eyes from ultraviolet radiations. The growing awareness about eye health ingredient is will primarily fuel the eye health ingredients market.

The major growth driver of the eye health ingredients market is the increasing incidences of eye problems globally. According to the WHO, in 2017, around 250 million people globally had vision impairment, out of which 35 million were blind and had moderate to severe vision impairment. The increasing use of computers and smartphones has resulted in rising cases of computer vision syndrome (CVS) caused due to focusing the eyes on a computer or other display devices for a long period of time. The necessity to maintain proper eyesight is also propelling the eye health ingredients market. Moreover, the eye ingredients market is mostly boosted due to the increase in the product demand by aged population. However, people discontinue using the eye ingredients after little improvement, which may limit the eye health ingredients market in the years ahead.

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The study includes the drivers and restraints of the eye health ingredients market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the eye health ingredients market on a global level.

In order to give the users a comprehensive view of the eye health ingredients market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides a company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

Eye Health Ingredients Market: Segmentation

The study provides a decisive view of the eye health ingredients market by segmenting it based on source, ingredient, form, end-use, distribution channel, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

By source, the market includes natural and synthetic sources.

On the basis of ingredient, the market is classified into vitamin A, Lutein, beta-carotene, bilberry extracts, Zeaxanthin, and others.

Based on form, the market includes powder, liquid, and soft gel, capsules, and tablets.

On the basis of application, the market is segment into human and animal.

On the basis of disease indication, the eye health ingredients market comprises cataract, dry eye syndrome, age-related macular degeneration, and others.

Eye Health Ingredients Market: Report Scope

Eye Health Ingredients Market: Regional Insights

The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. 

North America is expected to hold the largest share of the eye health ingredients market in the future, owing to the increasing concerns and expenditure related to healthcare and rising cases of eyesight problems like blindness and low vision. Europe and the Asia Pacific are expected to grow significantly in the eye health ingredients market globally, owing to various innovations and advancements in technology by key manufacturers and the ever-increasing population base.

Eye Health Ingredients Market: Key Players Insights

Some key players in the eye health ingredients market are:

• Bausch & Lomb
• FMC Corporation
• BASF
• DSM
• MacuShield
• Allied Biotech
• Amway
• Alcon
• Efamol
• Solgar
• Swanson

This report segments the global eye health ingredients market into:

Global Eye Health Ingredients Market: Source Analysis

• Natural
• Synthetic

Global Eye Health Ingredients Market: Ingredient Analysis

• Lutein
• Zeaxanthin
• Beta Carotene
• Vitamin A
• Bilberry Extracts
• Others (Capsanthin, Annatto, and Omega-3)

Global Eye Health Ingredients Market: Form Analysis

• Soft Gel, Capsule, and Tablets
• Liquid
• Powder

Global Eye Health Ingredients Market: Application Analysis

• Human
• Animal

Global Eye Health Ingredients Market: Disease Indication Analysis

• Age-Related Macular Degeneration
• Cataract
• Dry Eye Syndrome
• Others

Global Eye Health Ingredients Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa