North America Eye Health Supplement Market Analysis, Size, and Share by 2027

The

North America Eye Health Supplement market is expected to reach US$ 746.34 million by 2027 from US$ 509.53 million in 2019; it is anticipated to grow at a CAGR of 5.0% during 2019–2027.

The key factors driving the market growth are increasing emphasis preventive care, considerable rise in eye diseases, and aging population. In addition, growing adoption dietary supplements and nutritional products is also expected to drive the market growth by 2027. However, high costs associated to Eye Health Supplement and limited availability of product in market is the major factor hindering the market growth in North America. 

Eye supplements are nutritional products which care recommended to maintain eye health and good vision. The eye health supplements prominently comprises vitamin A, lutein & Zeaxanthin, omega 3 fatty acids, gamma-linoleic acid, and others. These nutritional supplements helps to sustain eye function, reduce the development of age-related eye diseases, and protect eyes against harmful light. Eye health supplements can be useful over range of eye diseases such as dry eye, age-related macular degeneration, glaucoma, diabetic retinopathy, and cataracts amongst others. Increasing prevalence of eye diseases coupled with aging population is likely to drive the growth of the eye health supplement market during the forecast period.

Growing prevalence of eye disorders and abnormalities is anticipated to drive the adoption of eye health supplements, which would eventually drive the eye health supplements market during the forecast period. For instance, according to a study published by American Academy of Ophthalmology in 2019, an estimated 7.32 million people in the US are projected to suffer from primary open-angle glaucoma by 2050. In addition, according to a study conducted by the Centers for Disease Control and Prevention in 2019, an estimated 20.5 million people in the US are suffering from cataract. Also, according to the estimates by the Centers for Disease Control and Prevention, the number of cataract patients in the US are projected to reach 30 million by 2028. Furthermore, the governments in the region have high emphasis on implementation of eye healthcare programs in order to spread awareness regarding eye care and prevention of vision loss. For instance, in May 2019, the government of Canada launched an eye care campaign to spread awareness about eye care, which can offer a significant opportunity for the eye health supplement market growth in the region.

Herbalife Nutrition Ltd., Alcon Inc., Bausch Health Companies Inc. are among the major companies in Eye Health Supplement market.

COVID-19 pandemic has become the most significant challenge across the North America region. This challenge will be frightening the countries across the region as it will lead to reducing imports due to disruptions in global trade, which further increases the shortages of eye health supplements, resulting in a considerable price increase. Manufacturers are also experiencing raised prices and potential shortages of raw ingredients due to supply restrictions.

Mexico Eye Health Supplement Market, Revenue and Forecast to 2027 (US$ Mn)

NORTH AMERICA EYE HEALTH SUPPLEMENT MARKET SEGMENTATION

NORTH AMERICA EYE HEALTH SUPPLEMENT MARKET SEGMENTATION

By Ingredient Type

• Lutein and Zeaxanthin
• Antioxidants
• Omega-3 fatty acids
• Coenzyme Q10
• Flavonoids
• Astaxanthin
• Alpha-Lipoic acid
• Others

By Indication

• Age-related macular degeneration (AMD)
• Cataract
• Dry eye syndrome
• Others

By Forms

• Tablet
• Capsule
• Drops

By Country

• US
• Canada
• Mexico

Company Profiles

• Nordic Naturals
• Herbalife Nutrition Ltd.
• The Nature's Bounty Co
• AMWAY
• Pfizer Inc.
• Alcon Inc.
• Bausch Health Companies Inc.
• Vitabiotics Ltd.
• Alliance Pharma PLC
• Allergan Plc.

North America Eye Health Supplement Report Scope