Press release
Brain Health Supplements Market Size Worth US$ 9.0 Billion by 2027 | CAGR 9.3%
Brain health supplements are used to enhance memory, improve thinking ability, increase focus, and boost the mood of individuals. These supplements comprise vitamin B, nitrate, caffeine, gingko biloba, ginseng, apoptogenic mushrooms, and many other minerals and herbs. They are highly affordable and widely available in pills, liquid, and powder forms. They offer numerous benefits, such as enhancing concentration and cognitive function, preventing memory loss, boosting mental performance, and reducing depression and anxiety. They facilitate the neurotransmitter level in the brain by inhibiting excess acetylcholinesterase (AChE) activity, improving blood circulation inside the brain, and providing a sufficient supply of oxygen to the brain cells. As a result, brain health supplements find applications in decreasing the risk of various brain diseases, such as Alzheimer's, Parkinson's, dementia, amyotrophic lateral sclerosis, Friedreich ataxia, Huntington's, Lewy body, and spinal muscular atrophy.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Brain Health Supplements Market Trends:
At present, the rising awareness among the masses about the harmful impact of mental health issues, such as anxiety, depression, and low concentration, represents one of the key factors driving the market. Besides this, the growing prevalence of brain cancer among the masses due to the increasing geriatric population and air pollution, overdiagnosis, and ionizing radiation is currently offering a positive market outlook. In addition, there is a rise in the consumption of brain health supplements among students to enhance memory and score well in academics across the globe. This, coupled with the growing hectic lifestyles and mental stress among individuals, is catalyzing the demand for brain health supplements.
Apart from this, there is an increase in the demand for natural and herbal extract supplements to boost immunity without any side effects while providing symptomatic relief to consumers. This, along with the growing adoption of veganism around the world, is positively influencing the market. Moreover, the wide availability of brain health supplements through online and offline distribution channels, along with the thriving e-commerce industry, is offering a lucrative growth opportunity to industry investors. Additionally, the rising demand for omega-3s to build brain and nerve cells and protect the brain against cognitive decline is propelling the growth of the market. In line with this, the escalating demand for brain health supplements to increase alertness by blocking the formation of adenosine is bolstering the growth of the market. Furthermore, the increasing demand for brain health supplements among individuals to reduce insomnia and anti-aging is strengthening the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global brain health supplements market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, form, distribution channel and application.
Breakup by Product:
Natural Molecules
Herbal Extract
Vitamins and Minerals
Breakup by Form:
Tablets and Capsules
Powder
Others
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Drug Stores
Online Stores
Others
Breakup by Application:
Memory Enhancement
Attention and Focus
Depression and Mood
Sleep and Recovery
Anti-aging and Longevity
Others
Market Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Competitive Landscape with Key Player:
Accelerated Intelligence Inc.
AlternaScript
Aurobindo Pharma
HVMN Inc.
Liquid Health Inc.
Natural Factors Nutritional Products Ltd.
Onnit Labs Inc.
Purelife Bioscience Co. Ltd.
Quincy Bioscience LLC
Reckitt Benckiser Group plc.
Teva Pharmaceutical Industries Ltd.
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/brain-health-supplements-market
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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