Europe Eye Health Supplement Market
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.
The Europe Eye Health Supplement market is expected to reach US$ 768.51 million by 2027 from US$ 496.83 million in 2019; it is anticipated to grow at a CAGR of 5.8% during 2019–2027. Factors such as growing prevalence of eye diseases and aging population are expected to boost the growth of the Eye Health Supplement market in the coming years. However, the market is likely to get impacted by the risk factor such as high cost of supplements and lack of product availability in emerging countries during the forecast period.
COVID-19 pandemic has become the most significant challenge across the Europe 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.
The scope of the Europe Eye Health Supplement market includes ingredient type, indication, forms and country. In terms of ingredient types, the Lutein and Zeaxanthin segment accounted for the largest share of the Europe Eye Health Supplement market in 2019. In terms of indication, the Age-related Macular Degeneration (AMD) segment accounted for the largest share of the Europe Eye Health Supplement market in 2019. The capsule segment accounted for the largest share of the Europe Eye Health Supplement market, by forms, in 2019.
Several major primary and secondary sources associated with the Europe Eye Health Supplement market report are the World Health Organization (WHO), Centers of Disease Control and Prevention (CDC), European Union, and European Society of retina & Department of Ophthalmology, University of Bonn, among others.
The Europe Eye Health Supplement Market is valued at US$ 496.83 Million in 2019, it is projected to reach US$ 768.51 Million by 2027.
As per our report Europe Eye Health Supplement Market, the market size is valued at US$ 496.83 Million in 2019, projecting it to reach US$ 768.51 Million by 2027. This translates to a CAGR of approximately 5.8% during the forecast period.
The Europe Eye Health Supplement Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Eye Health Supplement Market report:
The Europe Eye Health Supplement Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Eye Health Supplement Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Eye Health Supplement Market value chain can benefit from the information contained in a comprehensive market report.
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