openPR Logo
Press release

Rising Geriatric Population Proliferates Brain Health Supplements Demand

08-29-2022 12:50 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

Rising Geriatric Population Proliferates Brain Health

The brain health supplements market contributed $7,910.1 million in 2021, and it is projected to advance at a rate of 7.8% and capture $15,525 million in 2030. The rising demand for health supplements is projected to enhance attention, memory, and the ability for stress management, more specifically among the elderly population boosts the industry.

The worldwide rising trend of veganism massively impacts the landscape of food and vitamin supplement. Consumers turning vegan are opting for plant-based omega-3 supplements to maintain a healthy lifestyle. In the past few years, veganism has fetched people's interest tremendously. The fish oil is highly being replaced by omega-3 sourced from algae for its nutritional value and taste.

The memory enhancement category holds the largest share of the brain health supplements industry, accounting for 30%. It is ascribed to the growing awareness of mental health. According to Alzheimer's Disease International report, around 55 million people were suffering from dementia in 2020. In addition, it is predicted that 78 million people would be living with dementia in 2030, and 139 million are predicted to experience dementia conditions in 2050.

Request for sample pages of this report: https://www.psmarketresearch.com/market-analysis/brain-health-supplement-market/report-sample

According to WHO, Alzheimer's disease would result in 70% of cases of dementia globally. The growing awareness of such diseases is projected to boost the demand for supplements for maintaining a strong memory.

The depression & mood category is projected to experience the fastest growth. Depression can happen to anyone, irrespective of age. The elderly population is more likely to suffer from depression. The rising prevalence of depression and growing understanding of measures for its prevention and alleviation drives the industry.

Moreover, stress & anxiety is the next-fastest growing category in the industry. Around one in every three persons aging from 13 to 18 experience anxiety at some point in time, according to a government agency. According to WHO, COVID-19 has caused an increase of the 25% in anxiety and depression prevalence globally. The rising levels of stress and anxiety are projected to result in its growth in the near future.

The busy and hectic schedule of people has made them switch from physical purchasing to online shopping. The product reviews and information relevant to products available on online platforms help in making purchase decisions. Moreover, during a pandemic, the supplement companies opened new sales channels to expand their consumer base, when people remained at home due to lockdown.

The herbal brain supplements utilize plant-based and natural ingredients such as curcumin, ginkgo Biloba, and green tea extracts to sharpen memory and increase the blood flow to the brain, thus improving cognitive functioning and reducing mental tiredness.

Browse full report at: https://www.psmarketresearch.com/market-analysis/brain-health-supplement-market

The growing requirement for brain supplements with herbal extracts will increase the preference for herbal products in emerging economies, such as India and China. In the U.S. and Europe, herbal medicines utilized in traditional Chinese medicine are often marketed as supplements. Therefore, the herbal extract category is projected to witness the highest growth in the coming future.

Therefore, the vitamins and minerals category are projected to experience the highest growth in the coming future, as they are necessary for the proper functioning of the brain. For instance, B1 facilitates brain nerve communication, and B2 causes relief from headaches and increases energy production, while B9 enhances brain health and mood.

Thus, the rising elderly population more prone to memory disorders and depression boosts the demand for brain health supplements.

Contact:
P&S Intelligence
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Follow Us: https://www.linkedin.com/company/pnsintelligence/

P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Rising Geriatric Population Proliferates Brain Health Supplements Demand here

News-ID: 2718965 • Views: 239

More Releases from P&S Intelligence

Australia E-Commerce in Automotive Aftermarket To Generate USD 3,822.2 Million b …
The Australia e-commerce in automotive aftermarket was worth around USD 1,503.5 million in 2022, and it will grow at a CAGR of 12.2% from 2022 to 2030, to touch USD 3,822.2 million by 2030, as per P&S Intelligence. This is due to the booming automotive aftermarket, escalating count of DIY customers, and convenience offered by online shopping platforms. Third-Party Retailers Account for Higher Product Sales The category of third-party retailers accounts for
North America Electric Scooters and Motorcycles Market Will Reach USD 2,348 Mill …
The North American electric scooters and motorcycles market was valued at USD 620 million in 2022, and this number is expected to reach USD 2,348 million by 2030, advancing at a CAGR of 18.10% during 2022-2030, according to P&S Intelligence. This development can be ascribed to supportive government initiatives, from both federal and state levels. To encourage the acceptance of electric vehicles, the government is offering tax rebates and subsidies
Exploring the Growth of the Hybrid Electric Car Market
Before we move to the various advantages of hybrid electric cars, let's first understand their mechanism. A hybrid vehicle comprises both the internal combustion engine and electric motor. The batteries provide power to the motor, facilitating the rotation of the wheels either on their own or by supplementing the engine while accelerating. To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/hybrid-electric-car-market/report-sample Why Is It Hybrid before Electric? Since hybrid electric cars are a
Autonomous Mobile Robots Market To Reach USD 10,979 Million by 2030
The total size of the autonomous mobile robots market was USD 3,148 million in 2022, and it will reach a value of USD 10,979 million by 2030, advancing at rate 16.90% in the years to come, as per a report by a market research company, P&S Intelligence. The logistics category had the largest share of revenue, of about 29% in the past. These robots are chiefly installed for transportation of goods

All 5 Releases


More Releases for Alzheimer

Global Alzheimer Market, Global Alzheimer Industry, Covid-19 Impact Global Alzhe …
Alzheimer's is a progressive disease that leads to the death of brain cells, resulting in memory loss, behavioral issues, and disruption the thought processes. The Alzheimer disease is considered fatal. Age and heredity are the two main risk factors for developing Alzheimer's disease. Several other preventable risk factors have been associated to the development of this disease, including diet, environment, and overall general health. A combination of risk factors is
Anti-β-Alzheimer Therapies Market : Consumption, Revenue, Applications With Maj …
Alzheimer disease (AD) is a type of dementia that affects memory, thinking, language and behavior. Increasing age and high number of people suffering from Alzheimer's with age 65 and older are the major risk factors for progression of this disorder. It starts with mild symptoms and ends with severe brain damage in which individuals lose the ability to carry on a conversation and respond to their environment. According to Alzheimer
Anti-β-Alzheimer Therapies That Cut Attacks Hailed As 'huge Deal'
Alzheimer disease (AD) is a type of dementia that affects memory, thinking, language and behavior. Increasing age and high number of people suffering from Alzheimer's with age 65 and older are the major risk factors for progression of this disorder. It starts with mild symptoms and ends with severe brain damage in which individuals lose the ability to carry on a conversation and respond to their environment. According to Alzheimer
Alzheimer Diagnostic Tests Market - Medical Devices Pipeline Assessment, 2017 | …
"The Latest Research Report Alzheimer Diagnostic Tests - Medical Devices Pipeline Assessment, 2017 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" About Alzheimer Diagnostic Tests Market GlobalData's Medical Devices sector report, Alzheimer Diagnostic Tests - Medical Devices Pipeline Assessment, 2017" provides an overview of Alzheimer Diagnostic Tests currently in pipeline stage. The report provides comprehensive information on the pipeline products with comparative analysis of
US Alzheimer Drug Pipeline Analysis
In US, the Alzheimer's disease is the 6th leading cause of death overall and among those aged 65 and above, it is the 5th leading cause of death. While the deaths from major diseases, like heart disease have decreased, the death due to Alzheimer's have increased by more than 60% between 2000 and 2012. The total number of patients having Alzheimer’s disease was 5.4 million in 2012. Out of this,
Global Alzheimer Market Report: 2015 Edition | Now Available at Researchmoz.us
Researchmoz added Most up-to-date research on "Global Alzheimer Market Report: 2015 Edition" to its huge collection of research reports. Alzheimer’s disease is defined as an advanced neurological disorder that increasingly deprives patients of their memory and ability to carry out daily activities. As it grows in a human brain, individuals are likely to practice difficulties in linguistic, agility and insight along with negative changes in the character and performance such as