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Brain Health Supplements Market Size is Expected to Generate Huge Profits by 2028 | CAGR 11.7%
According to Premium Market Insights new research study on "Brain Health Supplements Market Size, Share, Growth, Demand, Industry Trends and Forecast to 2028-COVID-19 Impact and Global Analysis - by Type and End User," the Brain Health Supplements Market is expected to grow from US$ 6,634.31 million in 2021 to US$ 14,249.53 million by 2028. It is estimated to grow at a CAGR of 11.7% from 2022 to 2028.Get a Sample Copy of This Report (Full TOC, List of Tables & Figures, and Chart) @ https://www.premiummarketinsights.com/sample/TIP00021766
Some Of the Major Players Influencing Brain Health Supplements Market are
• Danone SA
• Health Via Modern Nutrition Inc.
• LIQUID HEALTH, INC.
• Natural Factors
• Unilever PLC
• Peak Nootropics
• Purelife bioscience Co., Ltd.
• Quincy Bioscience
• Procera Health
• Harbin Pharmaceutical Group Co., Ltd.
Global Brain Health Supplements Market Report encompasses an infinite knowledge and information on what the market's definition, classifications, applications, and engagements are and also explains the drivers and restraints of the market which is obtained from SWOT analysis. By applying market intelligence for this Brain Health Supplements Market report, industry expert measure strategic options, summarize successful action plans and support companies with critical bottom-line decisions. Additionally, the data, facts and figures collected to generate this market report are obtained forms the trustworthy sources such as websites, journals, mergers, newspapers and other authentic sources. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, price, cost, revenue and gross margins
Market Segmentation
The Brain Health Supplements Market is divided into:
By Product (Natural Molecules, Herbal Extracts, And Vitamins & Minerals)
By Application (Memory Enhancement, Attention & Focus, Depression & Mood, Sleep & Recovery, Antiaging & Longevity, And Others), Dosage Form (Capsules, Tablets, And Others)
By Distribution Channel (Supermarket & Hypermarket, Drug Store, Online, And Others), And Age Category (Adults, Children, And Elderly)
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Market Overview
The aging population is a growing concern in the US, and these people are more likely to develop mental illnesses such as Alzheimer's, dementia, and depression. As per the US Census Bureau, the geriatric population is expected to reach 80 million in 2040. According to a survey conducted in June 2021 by the American Association of Retired Persons (AARP), 78% of US adults with age 50 and above take a vitamin or diet supplement, and 21% of adults aged 50 and above take a vitamin or diet supplement for their brain health. The survey findings also state that ~71% of brain health supplements were taken to improve memory, 60% to improve mental sharpness, and 12% to delay dementia. Thus, the growing aging population and increasing cases of mood disorders drive the growth of the brain health supplements market in the US.
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Depression is one of the leading mood disorders among the US adult population. According to National Center for Health Statistics, 18.5% of US adults are suffering from depression, and ~20 million adults experienced depression symptoms in 2019. According to the US Government Publishing Office, Washington 2021, the US military spends ~100 million every year on brain-enhancing drugs. These drugs are used under specific conditions to better the scores on cognitive tests and improve sleep for up to 90 hours, because of continuous operations in training or deployment environments, service members are often challenged to achieve restorative sleep in these stressful environments.
The key players in the brain health supplements market are taking initiatives to meet the growing demand for brain health supplements. For example, Health Via Modern Nutrition Inc., developed alongside the U.S. military and top universities. This energy drink provides improved cognition and health. Thus, the growing aging population, increasing cases of mood disorders, and initiatives by key players to launch new products drive the growth of the brain health supplements market in the US.
The size of the Brain Health Supplements Market is determined using primary and secondary sources. The research process starts with comprehensive secondary research to collect qualitative and quantitative information from internal and external sources about the market. This process provides an overview and forecast of the Brain Health Supplements Market for all segments, as well as for each of the five major regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America. Primary interviews were also conducted with industry experts and commentators to confirm data and gain further analytical insights. These participants included VPs, business development managers, market intelligence managers, and national sales managers, as well as external consultants such as valuation experts, research analysts, and key opinion leaders who specialize in the Brain Health Supplements Market.
Table Of Contents
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Brain Health Supplements Market - By Product
1.3.2 Global Brain Health Supplements Market - By Application
1.3.3 Global Brain Health Supplements Market - By Dosage Form
1.3.4 Global Brain Health Supplements Market - By Distribution Channel
1.3.5 Global Brain Health Supplements Market - By Age Group
1.3.6 Global Brain Health Supplements Market - By Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Brain Health Supplements Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 Asia Pacific PEST Analysis
4.2.4 Middle East & Africa PEST Analysis
4.2.5 South & Central America PEST Analysis
4.3 Experts Opinion
5. Brain Health Supplements Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Prevalence of Major Depressive Disorders
5.1.2 Increasing Demand for Brain Supplements Among Elderly Population
5.2 Key Market Restraints
5.2.1 Lack of Regulations and False Claims by Manufacturers
5.3 Key Market Opportunities
5.3.1 Emerging Markets in Developing Countries
5.4 Future Trend
5.4.1 New Product Launches
5.5 Impact analysis
6. Brain Health Supplements Market - Global Analysis
6.1 Global Brain Health Supplements Market Revenue Forecast & Analysis
6.1.1 Global Brain Health Supplements Market Revenue Forecast & Analysis
6.2 Market Positioning Analysis of Key Players in Brain Health Supplements Market
7. Global Brain Health Supplements Market - Revenue and Forecast to 2028 - by Product
7.1 Overview
7.2 Brain Health Supplements Market Revenue Share, by Product 2021 & 2028 (%)
7.3 Natural Molecules
7.3.1 Overview
7.3.2 Natural Molecules: Brain Health Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.3.3 Acetyl-L Carnitine
7.3.3.1 Overview
7.3.3.2 Acetyl-L Carnitine: Brain Health Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.3.4 Citicoline
7.3.4.1 Overview
7.3.4.2 Citicoline: Brain Health Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.3.5 Huperzine-A
7.3.5.1 Overview
7.3.5.2 Huperzine-A: Brain Health Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.3.6 Alpha GPC
7.3.6.1 Overview
7.3.6.2 Alpha GPC: Brain Health Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.3.7 Docosahexaenoic Acid (DHA)
7.3.7.1 Overview
7.3.7.2 Docosahexaenoic Acid (DHA): Brain Health Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.3.8 Others
7.3.8.1 Overview
7.3.8.2 Others: Brain Health Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Herbal Extract
7.4.1 Overview
7.4.2 Herbal Extract: Brain Health Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.4.3 Ginseng
7.4.3.1 Overview
7.4.3.2 Ginseng: Brain Health Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.4.4 Curcumin
7.4.4.1 Overview
7.4.4.2 Curcumin: Brain Health Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.4.5 Lion's Mane
7.4.5.1 Overview
7.4.5.2 Lion's Mane: Brain Health Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.4.6 Ginkgo Biloba
7.4.6.1 Overview
7.4.6.2 Ginkgo Biloba: Brain Health Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.4.7 Bacopa Monnieri
7.4.7.1 Overview
7.4.7.2 Bacopa Monnieri: Brain Health Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.4.8 Others
7.4.8.1 Overview
7.4.8.2 Others: Brain Health Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Vitamins & Minerals
7.5.1 Overview
7.5.2 Vitamins & Minerals: Brain Health Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.5.3 Vitamins C & E
7.5.3.1 Overview
7.5.3.2 Vitamins C & E: Brain Health Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.5.4 Vitamin B Complex
7.5.4.1 Overview
7.5.4.2 Vitamin B Complex: Brain Health Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.5.5 Others
7.5.5.1 Overview
7.5.5.2 Others: Brain Health Supplements Market - Revenue and Forecast to 2028 (US$ Million)
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Contact Person: Sameer Joshi
E-mail: sales@premiummarketinsights.com
Phone: +1-646-491-9876
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