Drivers:
Growing demand for nutritional and fortifying food additives is expected to boost the global phosphatidylserine market during the forecast period. Food and beverage manufacturers are deploying fortification of nutritional additives such as omega-3 fatty acids, fibers, vitamins, minerals, and others in their product offerings. The major motive of incorporating the aforementioned additives in the food and beverage industry is to increase the nutritional content of food items. Phosphatidylserine is in demand for its benefits in cognitive health. It has applications in the food industry and the pharmaceutical industry. In the pharmaceutical industry, phosphatidylserine is used for treating dementia, hyperactivity, and other brain-related disorders such as Alzheimer's. Thus, the aforementioned factors are expected to boost the demand for phosphatidylserine during the forecast period.
Market Restraints
Low adoption rate of dietary supplements and functional foods in many emerging economies and increased use of counterfeit products are major factors hindering growth of the global phosphatidylserine market. Moreover, the lack of universal directives pertaining to manufacturing & applications of phosphatidylserine is expected to restrain the market growth during the forecast period. Every country has different directives for manufacturing and applications of phosphatidylserine, which in turn discourages investment in industry, thereby restraining the market growth.
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