A comprehensive industry overview and market perspective are included in the latest study from MarkNtel Advisors titled Global Brain Health Supplements Market. The research provides a detailed overview of the current market state, including market trends and the most recent advancements made globally. In-depth analysis of market size, share, industry trends, forecast, and competitive environment is covered in the report that presents clear picture of the market with relevant statistical data.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Global Brain Health Supplements Market Definition:
Brain health supplements are typically composed of a combination of vitamins, minerals, antioxidants, herbal extracts, and other natural or synthetic compounds designed to enhance memory, focus, attention, mental clarity, & overall brain function. Common ingredients in these supplements include omega-3 fatty acids, vitamins B6, B12, & D, magnesium, ginkgo biloba, phosphatidylserine, and various herbal extracts like Bacopa monnieri & Rhodiola rosea.
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Global Brain Health Supplements Market Insights:
The Global Brain Health Supplements Market is projected to grow at a CAGR of around 8.8% during the forecast period, i.e., 2023-28.
Global Brain Health Supplements Market Driver:
Ever-Increasing Prevalence of Neurological Disorders and the Rise in Aging Population: Neurological disorders like Alzheimer’s disease, dementia, & Parkinson’s disease, among others, which are rising globally, often affect cognitive function & brain health, owing to which there’s a surging demand for brain health supplements to support memory, cognitive function, and overall brain health.
In addition, with the growing proportion of the elderly population, who have a higher risk of neurological disorders & cognitive decline, more & more individuals are focusing on maintaining brain health & preventing cognitive decline, i.e., accelerating the demand for brain health supplements as a proactive approach to cognitive well-being. Hence, the increasing prevalence of neurological disorders and the rising aging population are prime aspects projected to drive the Global Brain Health Supplements Market during 2023-28.
Global Brain Health Supplements Market Leading Key Players:
Natural Factors Nutritional Products Ltd., Onnit Labs, Inc., Purelife Bioscience Co., Ltd., Intelligent Labs, Accelerated Intelligence Inc., NOW Foods, HVMN Inc., AlternaScript LLC, Procera Health, Liquid Health, Acutia, Peak Nootropics, Quincy Bioscience, Reckitt Benckiser Group PLC, Other
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Global Brain Health Supplements Market Segmentation:
Based on Age Group
– Children- Market Size & Forecast 2018-2028, (USD Million)
– Adults- Market Size & Forecast 2018-2028, (USD Million)
– Elderly- Market Size & Forecast 2018-2028, (USD Million)
Based on Product Type
– Herbal Extract- Market Size & Forecast 2018-2028, (USD Million)
— Ginseng- Market Size & Forecast 2018-2028, (USD Million)
— Gingko Biloba- Market Size & Forecast 2018-2028, (USD Million)
— Curcumin- Market Size & Forecast 2018-2028, (USD Million)
— Others- Market Size & Forecast 2018-2028, (USD Million)
– Vitamins & Minerals – Market Size & Forecast 2018-2028, (USD Million)
— Vitamin B- Market Size & Forecast 2018-2028, (USD Million)
— Vitamin C & E- Market Size & Forecast 2018-2028, (USD Million)
— Others- Market Size & Forecast 2018-2028, (USD Million)
– Natural Molecules – Market Size & Forecast 2018-2028, (USD Million)
— Acetyl-L-Carnitine- Market Size & Forecast 2018-2028, (USD Million)
— Citicolin- Market Size & Forecast 2018-2028, (USD Million)
— DHA- Market Size & Forecast 2018-2028, (USD Million)
— Pre/Pro/Postbiotics- Market Size & Forecast 2018-2028, (USD Million)
— Others- Market Size & Forecast 2018-2028, (USD Million)
Based on Application
– Memory Enhancement – Market Size & Forecast 2018-2028, (USD Million)
– Mood & Depression – Market Size & Forecast 2018-2028, (USD Million)
– Attention & Focus – Market Size & Forecast 2018-2028, (USD Million)
– Longevity & Anti-Aging – Market Size & Forecast 2018-2028, (USD Million)
– Sleep & Recovery- Market Size & Forecast 2018-2028, (USD Million)
– Stress & Anxiety- Market Size & Forecast 2018-2028, (USD Million)
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Global Brain Health Supplements Market Geographical Analysis
By Region
– North America
– South America
– Europe
– The Middle East and Africa
– Asia-Pacific
Recent Development of Global Brain Health Supplements Market:
On 16 June 2023, Cosmos Health Inc., a global healthcare group with proprietary lines of nutraceuticals and distributor of pharmaceuticals, branded generics, OTC medications & medical devices, announced the successful completion of the acquisition of the distribution network owned by I.Bikas General Partnership (“Bikas”), a well-established pharmaceutical company operating in Greece since 1986.
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