Eye Supplements Market Size, Share, Growth, Trends, and Global Industry Analysis: By Ingredient Type(Lutein and Zeaxanthin, Omega-3 Fatty acids, Coenzyme Q, Flavonoids, Antioxidants Others), By Source (Natural, Synthetic), By Formulation (Tablets, Capsules, Liquids, Others), By Distribution Channel(Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Others) and Region

Eye Supplements Market size was valued at US$ 2,454.3 million in 2023 and is anticipated to grow at a CAGR of 5.5% from 2024-2030. Eye supplements, also known as ocular supplements or eye vitamins, are dietary supplements formulated to support and promote eye health. These supplements typically contain a combination of vitamins, minerals, antioxidants, and other nutrients that are believed to contribute to maintaining good vision and overall eye function. The aging population plays a significant role in driving the revenues of the eye supplements market. As people age, they are more susceptible to various age-related eye conditions, such as macular degeneration and cataracts, which can impact vision and overall eye health. This demographic shift towards an older population has created a growing demand for eye supplements that are marketed to help reduce the risk of these conditions and support general eye health.

Moreover, increased screen time has become a prevalent aspect of modern lifestyles, with many individuals spending prolonged hours on digital devices such as computers, smartphones, and tablets. This extended screen exposure has led to a rise in digital eye strain and concerns about blue light exposure, which are associated with symptoms like eye fatigue, dryness, and discomfort. In response to these issues, consumers are increasingly turning to eye supplements that claim to offer protection against digital eye strain and blue light. As the reliance on digital devices continues to grow, the demand for eye supplements as a preventive measure against digital eye strain is on the rise, contributing to increased sales in the eye supplements market. However, like any dietary supplement, eye supplements can have side effects or interactions with medications. It's essential for consumers to consult with healthcare professionals before taking such supplements, and this caution can limit sales. Meanwhile, the rising prevalence of eye diseases such as glaucoma and diabetic retinopathy due to factors like diabetes and hypertension can create potential opportunities for the growth of the eye supplements market. Key manufacturers are developing innovative solutions to cater to the end user. For instance, in April 2022, Wellbeing Nutrition launched the world’s first natural eye vitamin, Melts Eye Care to improve eye health and maintain clear vision.

Eye Supplements Market Key Developments:   

• In March 2023, NovaBay Pharmaceuticals Inc. launched a new oral supplement, OTC, Avenova Eye Health Support, which is rich in antioxidants and provides comfort for dry eyes.
• In February 2023, Herbalife Nutrition India launched Ocular Defense, formulated to support eye health.