Eye Health Ingredients Market Size & Share 2023 to 2032
Market Size by Ingredient (Lutein, Beta Carotene, Vitamin A), Form (Soft gel, capsule & tablets, Liquid, Powder), Disease Indication (Age related Macular Degeneration, Cataract, Dry Eye Syndrome), Source, End Use & Forecast.
Report ID: GMI1582
|
Published Date: October 2023
|
Report Format: PDF
Download Free PDF
Authors:
Kiran Pulidindi, Kunal Ahuja
Eye Health Ingredients Market Size
Eye Health Ingredients Market is poised to record more than 7.5% CAGR from 2023-2032, driven by the rising intervention from regulatory bodies, such as the U.S. FDA and EFSA (European Food Safety Authority). The growing intake of eye health supplements is necessitating closer attention to health claims and labeling for ensuring that the products meet the safety and efficacy standards. To cite an example, in August 2023, the FDA issued warnings against the usage of MSM-containing eye drops due to microbial contamination.
Eye Health Ingredients Market Key Takeaways
Market Size & Growth
Key Market Drivers
Challenges
Market Growth Drivers & Restraints
The surging awareness about the importance of eye health, primarily driven by the rapidly aging population coupled with the increased screen time and the subsequent rise in digital eye strain and age-related eye conditions will bolster the market growth. However, the dearth of availability of lutein and zeaxanthin coupled with the adverse health effects of carotenoid consumption may limit the industry development.
COVID-19 Impact
The COVID-19 pandemic had positive impact on the industry growth due to the heightened public awareness related to health and wellness, including eye health. The increased consumer spending time on screens driven by the influx of remote work and online learning resulted in the significant interest in eye health supplements and ingredients. As per a recent study by Dos Santos, 2021a, the online student enrolment increased from 30% to 70% during the COVID-19 pandemic. The higher adoption of telehealth services also compelled eye health professionals to recommend supplements and dietary changes to patients through virtual consultations, further driving the demand for related ingredients.
Eye Health Ingredients Market Trends
The ongoing research activities into eye health ingredients for their effectiveness in limiting and managing eye conditions will significantly contribute to the market expansion. The rising focus of several companies on investments in clinical trials and studies for substantiating health claims will also assist in improved product adoption. In addition, the increasing importance of personalized nutrition and supplementation along with the rising focus of several companies on offering products tailored to individual needs by incorporating ingredients based on age, and gender will also drive the industry growth.
Eye Health Ingredients Market Analysis
The natural sources segment may observe over 6% growth up to 2024, due to the surging consumer health concerns from chemically synthesized product consumption. Natural sources of eye health ingredients are well-tolerated by the body as they reduce the risk of adverse effects and allergic reactions when compared to synthetic alternatives. The rising innovations and research activities leading to the discovery of novel compounds and their potential benefits for eye health will also influence the segment expansion.
The powder segment is set to witness over 6.5% CAGR till 2032, attributed to the rising intake of pharmaceutical drugs worldwide. According to the National Library of Medicine, the overall pharmaceutical expenditure across the U.S. grew 7.7% in 2021 compared to 2020. Powdered formulations and supplements can be easily mixed with water and other beverages for easy consumption. The rising popularity of green superfood powders rich in lutein & zeaxanthin and comprising ingredients, such as spinach and kale for benefitting the eye health will also accelerate the market expansion.
Eye health ingredients market from the human segment is estimated to gain immense traction through 2032. The growing burden of macular degeneration, cataracts and glaucoma has steered the higher focus on effectively maintaining the retinal health and visual functions. The National Eye Institute reported that over half of all Americans aged 80 years and above have had cataracts. The demand for carotenoids, such as lutein and zeaxanthin is growing extensively to protect eyes from harmful high-energy light waves, including ultraviolet rays. The escalating surgery expenses leading to the growing consumer interest in OTC supplements will also prove favorable for the segment expansion.
APAC eye health ingredients industry size is expected to observe over 6.5% CAGR from 2023 to 2032. The rapidly aging population and the growing consumer inclination towards healthy lifestyles in China, Japan and India has led to the higher demand for eye health products and supplements. The increasing burden of digital device usage has made way for rising concerns related to digital eye strain and blue light exposure, further driving the awareness of eye health amongst the regional consumers. As per GSM Association, the number of individuals using mobile internet services in China is likely to increase by 200 million by 2025.
Eye Health Ingredients Market Share
Some of the prominent eye health ingredients industry players include
Eye Health Ingredients Industry News
This market research report on eye health ingredients includes an in-depth coverage of the industry with estimates & forecast in terms of USD Million from 2018 to 2032, for the following segments:
Click here to Buy Section of this Report
By Source
By Ingredient
By Form
By End Use
Disease Indication
The above information has been provided for the following regions and countries:
Research methodology, data sources & validation process
This report draws on a structured research process built around direct industry conversations, proprietary modelling, and rigorous cross-validation and not just desk research.
Our 6-step research process
1. Research design & analyst oversight
At GMI, our research methodology is built on a foundation of human expertise, rigorous validation, and complete transparency. Every insight, trend analysis, and forecast in our reports is developed by experienced analysts who understand the nuances of your market.
Our approach integrates extensive primary research through direct engagement with industry participants and experts, complemented by comprehensive secondary research from verified global sources. We apply quantified impact analysis to deliver dependable forecasts, while maintaining complete traceability from original data sources to final insights.
2. Primary research
Primary research forms the backbone of our methodology, contributing nearly 80% to overall insights. It involves direct engagement with industry participants to ensure accuracy and depth in analysis. Our structured interview program covers regional and global markets, with inputs from C-suite executives, directors, and subject matter experts. These interactions provide strategic, operational, and technical perspectives, enabling well-rounded insights and reliable market forecasts.
3. Data mining & market analysis
Data mining is a key part of our research process, contributing nearly 20% to the overall methodology. It involves analysing market structure, identifying industry trends, and assessing macroeconomic factors through revenue share analysis of major players. Relevant data is collected from both paid and unpaid sources to build a reliable database. This information is then integrated to support primary research and market sizing, with validation from key stakeholders such as distributors, manufacturers, and associations.
4. Market sizing
Our market sizing is built on a bottom-up approach, starting with company revenue data gathered directly through primary interviews, alongside production volume figures from manufacturers and installation or deployment statistics. These inputs are then pieced together across regional markets to arrive at a global estimate that stays grounded in actual industry activity.
5. Forecast model & key assumptions
Every forecast includes explicit documentation of:
✓ Key growth drivers and their assumed impact
✓ Restraining factors and mitigation scenarios
✓ Regulatory assumptions and policy change risk
✓ Technology adoption curve parameter
✓ Macroeconomic assumptions (GDP growth, inflation, currency)
✓ Competitive dynamics and market entry/exit expectations
6. Validation & quality assurance
The final stages involve human validation, where domain experts manually review filtered data to identify nuances and contextual errors that automated systems might miss. This expert review adds a critical layer of quality assurance, ensuring data aligns with research objectives and domain-specific standards.
Our triple-layer validation process ensures maximum data reliability:
✓ Statistical Validation
✓ Expert Validation
✓ Market Reality Check
Trust & credibility
Verified data sources
Trade publications
Security & defense sector journals and trade press
Industry databases
Proprietary and third-party market databases
Regulatory filings
Government procurement records and policy documents
Academic research
University studies and specialist institution reports
Company reports
Annual reports, investor presentations, and filings
Expert interviews
C-suite, procurement leads, and technical specialists
GMI archive
13,000+ published studies across 30+ industry verticals
Trade data
Import/export volumes, HS codes, and customs records
Parameters studied & evaluated
Every data point in this report is validated through primary interviews, true bottom-up modelling, and rigorous cross-checks. Read about our research process →