The growing geriatric population afflicted with illnesses like Alzheimer's, depression, and anxiety, among others, is anticipated to fuel market growth for brain health supplements throughout the course of the projection period. For instance, the Institute of Health Metrics and Evaluation (IHME) and Global Burden of Disease (GBD) estimate that in April 2018, there were 7.92 billion people living in the world, or 10.7% of the population. In 2017, there were almost 264 million cases of depression and 284 million cases of anxiety among these.
The market for supplements for improving Brain Health is anticipated to reach a value of US$ 7,038.0 million in 2020 and grow at a CAGR of 8.5% from 2020 to 2027.
Key Companies in the Brain Health Supplements Industry:
1.Liquid Health, Inc.: Based in Murrieta, California, this company produces liquid vitamin supplements. The business provides a variety of vitamin products for immunity, longevity, radiant beauty, cognitive function, pregnancy, and more, making sure that every product formulation has the vitamins and nutrients that are listed on the label. Created in 1992. United States headquarters. Today, Unilever disclosed that it had reached a deal to buy Liquid I.V, a health-science nutrition and wellness company based in the United States.
2.HVMN Inc.: Manufacturer of cognitive enhancements designed to measure, control, and improve human systems. The company's supplements enable users to apply cutting-edge metabolism and physiology research to support health and performance goals that help to diagnose, treat, cure, or prevent any disease, helping to redefine the limits of human performance, metabolism, longevity, improving memory, and increasing energy and focus. created in 2014. United States headquarters. The most recent funding round for HVMN was on November 24, 2020
3.Natural Factors Nutritional Products Ltd.: Owner of a website that sells all-natural sports nutrition products, including snacks and supplements. The company's platform allows customers to access pure natural supplements for health, fitness, and wellness goals that are free of artificial bulkers, sweeteners, flavours, or fillers. Created in 2012. Located in England, in the United Kingdom.
4.KeyView Labs, Inc.: service provider for e-business testing. The business offers software and hardware providers, as well as big businesses, testing services for performance analysis, scalability analysis, and proof-of-concept testing. Established in 1996. United States headquarters.
5.Onnit Labs, LLC: service provider for e-business testing. The business offers software and hardware providers, as well as big businesses, testing services for performance analysis, scalability analysis, and proof-of-concept testing. Created in 1996. Centre, Inc. ("ERC") and KeyView Labs, Inc., acting individually and doing business as Procera Health, have its principal offices in the United States.
6.Purelife Bioscience Co., Ltd.: PURE Bioscience Inc is a company that creates and sells its own line of antimicrobial goods. The technology basis of the business is built on patented stabilised ionic silver, and its initial products include silver dihydrogen citrate, or SDC.
7.Quincy Bioscience: creator of dietary supplements for promoting brain health. The company's supplements concentrate on cognitive function and other common aging-related health concerns, mental acuity, and clear thinking, giving users better memory and brain function. Office location in 2004. United States headquarters. Federal Trade Commission versus Quincy Bioscience Holding Co.
Definition: Brain health is the state of brain functioning across cognitive, sensory, social-emotional, behavioural and motor domains, allowing a person to realize their full potential over the life course, irrespective of the presence or absence of disorders.
