BOSTON, Jan. 16, 2023 (GLOBE NEWSWIRE) -- Data Bridge Market Research completed a qualitative study titled "Brain Health Supplements Market" with 100+ market data tables, pie charts, graphs, and figures spread across Pages and an easy-to-grasp full analysis. The Brain Health Supplements market report consists of explicit and up-to-date information about the consumer’s demands, their inclinations, and their variable likings about a particular product. The information and data cited in this Brain Health Supplements report is collected from trustworthy sources such as websites, journals, mergers, and annual reports of the companies. With this market report, it becomes easier to establish and optimize each stage in the lifecycle of an industrial process including engagement, acquisition, retention, and monetization. This Brain Health Supplements market report takes into account the comprehension of your business goals and requirements to bridge the gap by delivering you with the most proper and suitable solutions.
Market status at the global and regional level of Brain Health Supplements industry is offered through this Brain Health Supplements report which helps you gain business insights at the extensive marketplace. The competitive analysis is also performed in this report which covers a strategic profiling of key market players, their core competencies, and the competitive landscape of the market which aids businesses characterize their individual strategies. This market report gives a wide-ranging analysis of the market structure and the evaluations of the various segments and sub-segments of the Brain Health Supplements industry. The report also offers great inspiration to seek new business ventures and evolve better.
Data Bridge Market Research analyses that the brain health supplements market is expected to reach USD 18760.09 million by 2030, which is USD 8501.24 million in 2022, registering a CAGR of 10.40% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Brain health supplements are natural compounds that positively affect the brain. These herbal extracts are available in the form of tablets, capsules, and powders that aid healthy people to improve their attention, motivation, memory, creativity and alertness. Herbal plants such as withania somnifera and bacopa monniera have been shown to improve the function of the brain. Moreover, vitamins B and C are useful to nerve and brain health.
Opportunities
- Growing product launches and other innovations
The increasing product launches and other innovations by major market players provide numerous new growth opportunities. For instance, Reckitt Benckiser Group plc, has launched a clinically verified brain health supplement named ‘Neuriva’ In February 2019, in the U.S. market. This brain health supplement based on a patented coffee bean extract. Moreover, the firm has also created a mobile app to complement the brain health supplement with tailored brain training programs.
Fundamental Aim of Brain Health Supplements Market Report
In the Brain Health Supplements market, every company has goals, but this report focus in on the most important ones, allowing you to gain insight into the competition, the future of the market, potential new products, and other useful information that can boost your sales significantly.
- Factors influencing the Brain Health Supplements Market Size and growth rate.
- Major alterations to the Brain Health Supplements Market in the near future.
- Notable Market rivals around the world.
- The Brain Health Supplements Market's Future Scope and Product Outlook
- Future-promising emerging markets.
- The Market Presents Difficult Challenges and Threats.
- Sales data and profiles of the world's leading Brain Health Supplements manufacturers
The Brain Health Supplements Market is Dominated by Firms Such as
- DSM (Netherlands)
- BASF SE (Germany)
- Lonza Group (Switzerland)
- Glanbia Plc (Ireland)
- ADM (U.S.)
- Farbest Brands (U.S.)
- SternVitamin GmbH & Co. KG (Germany)
- Adisseo (France)
- BTSA Biotechnologias Aplicadas S.L. (Spain)
- Rabar Pty Ltd (Australia)
Recent Development
- In 2021, Motiva Supplements launched ‘Neuro Booster’. This provides higher absorption of six major functional foods, the first-ever clinically proven product to aid brain health and improve Alzheimer’s patients.
- In 2020, Elysium Health, Inc. collaborated with the University of Oxford and launched Longevity supplement for brain health. The product comprises a formulation of specific B vitamins clinically verified to measure brain atrophy associated with age-related memory loss. It also comprises a powdered omega-3 lysine compound with improved bioavailability to enhance the effectiveness of the B-vitamin complex.
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A comprehensive analysis will be provided covering the following points in the report:
- Executive Market Summary
- Scope of the Brain Health Supplements Industry
- Key Findings and Recommendations
- Growth and Investment Opportunities
- Brain Health Supplements Market Value Chain/Supply Chain Analysis
- Brain Health Supplements Market Attractive Investment Proposition
- Competitive landscape and SWOT Analysis
- Brain Health Supplements Market Segmentation Outlook
- Regional Outlook
- Company Profiles of Key Players
Key Market Segments Covered in Brain Health Supplements Industry Research
By Product
- Herbal Extracts
- Ginseng
- Ginkgo biloba
- Lions mane
- Bacopa monnieri
- Others
- Vitamins and Minerals
- Vitamin B
- Vitamin C & E
By Natural Molecules
- Acetyle-i-carnitine
- Alpha gpc
- Citicoline
- Docosahexaenoic acid (dha)
- Huperzine a
By Supplement form
- Tablets
- Capsules
By Sales channel
- Supermarkets and Hypermarkets
- Drug Stores
- Online Stores
By Age group
- Kids
- Adults
- Elderly
By Application
- Memory Enhancement
- Mood and Depression
- Attention and Focus
- Longevity and Anti-aging
- Sleep and Recovery
Key Growth Drivers:
- Surging marketing strategies and endorsements
Some factors which are influencing consumers' purchasing decisions are product safety, brand name and nutritional value. Increasing wariness regarding the benefits of brain health-based supplements through numerous forms of media, comprising electronic and print, is also likely to increase the purchasing behaviour. Docosahexaenoic acid (DHA), vinpocetine, bacopa monnieri, vitamin D, vitamin B12, antioxidants and others are the key ingredients which are used in brain health supplements
- Increasing health awareness regarding the consumption of brain health supplements
Brain health supplements comprise nutritional benefits and vitamins that aid in mood elevation, memory enhancement, stress reduction, increased concentration, and protection against dementia, anxiety and depression. As a result of hectic lifestyle and mental stress, brain health supplements are a superior lifestyle product. These supplements come in various forms, including capsules, tablets, powders and others. Brain Health supplements are becoming more popular because they are a good source of proteins, minerals and vitamins and can aid with diseases such as asthma, cancer and depression.
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Brain Health Supplements Market Regional Analysis/Insights:
The countries covered in the brain health supplements market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the brain health supplements market in terms of revenue and market share. This is mainly due to rise in the prevalence of brain diseases. Furthermore, increased awareness regarding neural diseases and presence of well-established healthcare infrastructure will further boost the market growth in this region.
Asia-Pacific is expected to be the fastest developing region during the forecast period of 2023-2030 due to growth in the incidence of chronic disease and rise in people's healthcare spending. Furthermore, the surge in the availability of herbal plants will further boost the market growth in this region.
This Market Intelligence Report Analyses Some of the Most Crucial Concerns:
- How will the major segments of this international market develop over the next few years?
- Who are the major players that will dominate the market in the future?
- When it comes to this industry, who are the top suppliers and producers?
- How have the most successful companies in the industry planned for future growth and expansion?
- In what sectors might we expect to see the greatest increase in demand over the coming years?
- How many distinct subsets of buyers make up this market?
- Which regional powerhouse do you foresee as becoming the largest player in the international market?
- Does a new coronavirus pandemic have any consequences?
- In what ways are established actors stymied by the entry of newcomers, and how may they be overcome?
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Global Brain Health Supplements Market: Regulations
- Market Overview
- Global Brain Health Supplements Market, By Product
- Global Brain Health Supplements Market, By Natural Molecules
- Global Brain Health Supplements Market, By Supplement form
- Global Brain Health Supplements Market, By Sales channel
- Global Brain Health Supplements Market, By Age group
- Global Brain Health Supplements Market, By Application
- Global Brain Health Supplements Market, By Region
- Global Brain Health Supplements Market: Company Landscape
- SWOT Analyses
- Company Profile
- Questionnaires
- Related Reports
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