Brain health supplements are used to enhance and improve the brain functions such as memory, learning, focus, and anxiety. Many brain supplements contains omega-3 fatty acids (such as those found in fish oil), vitamin E, various B vitamins, or various combinations. Certain diets like the Mediterranean diet, the DASH diet, and the MIND diet can help to improve cognitive function. These health supplements are available in both synthetic and natural form, and helps in memory enhancement. Increasing use of brain health supplements in predicting and managing mental disorders such as Alzheimer’s disease mainly in the geriatric population is expected to drive the market growth. Professionals, entrepreneurs, sports person prefers memory booster’s supplements in order to gain an advantage over the others.
Market Dynamics
Rising incidences of depression, stress, and other mental health conditions is expected to drive the global brain health supplements market growth during the forecast period. For instance, in 2020, according to the World Health Organization (WHO)- a specialized agency of the United Nations responsible for international public health, in 2020, around 300 million people suffered from depression globally. Moreover, launch of novel products by market players is expecetd to drive the global brain health supplements market growth. For instance, in October 2021, Mannatech, Incorporated.,- a publicly traded, multinational multi-level marketing firm that sells dietary supplements and personal care products, announced the launch of the Cognitate supplement in Korea. The supplement helps in enhancing neurotransmitters that is involved in learning and memory, and improve the cognitive ability.
Key features of the study:
- This report provides an in-depth analysis of the global brain health supplements market and provides market size (US$ Bn) and compound annual growth rate (CAGR) for the forecast period (2023–2030), considering 2022 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global brain health supplements market based on the following parameters–Company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Alternascript, Accelerated Intelligence, Liquid Health, Health Via Modern Nutrition Inc., Natural Factors USA, Onnit Labs, Inc., Purelife bioscience Co., Ltd., Quincy Bioscience – The Makers of Prevagen, Cerebral Success, Amway Corp., Puori, Ocean Health Pte Ltd., and Schiff
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- Global brain health supplements market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global brain health supplements market.
Detailed Segmentation:
- Global Brain Health Supplements Market, By Product Type:
- Herbal Extracts
- Ginseng
- Ginkgo Biloba
- Curcumin
- Lions Mane
- Others
- Vitamins & Minerals
- Vitamin B
- Vitamin C & E
- Others
- Natural Molecules
- Acetyl-L-Carnitine
- Alpha GPC
- Citicoline
- Docosahexaenoic Acid (DHA)
- Others
- Global Brain Health Supplements Market, By Application:
- Memory Enhancement
- Mood & Depression
- Attention & Focus
- Longevity & Anti-aging
- Sleep & Recovery
- Anxiety
- Global Brain Health Supplements Market, By Supplement Form:
- Global Brain Health Supplements Market, By Age Group:
- Geriatric
- Adults
- Pediatric
- Global Brain Health Supplements Market, By Distribution Channel:
- Supermarkets & Hypermarkets
- Drug Stores
- Online Stores
- Global Brain Health Supplements Market, By Region:
- North America
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC
- Israel
- Rest of Middle East
- Africa
- South Africa
- Central Africa
- North Africa
- Company Profiles
- Alternascript
- Accelerated Intelligence
- Liquid Health
- Health Via Modern Nutrition Inc.
- Natural Factors USA
- Onnit Labs, Inc.
- Purelife bioscience Co., Ltd.
- Quincy Bioscience – The Makers of Prevagen
- Cerebral Success
- Amway Corp.
- Puori
- Ocean Health Pte Ltd.
- Schiff
