The Brain Health Supplements Market Size was esteemed at USD 7.09 billion out of 2022 and is supposed to arrive at USD 14.23 billion by 2030, and develop at a CAGR of 9.1% over the forecast period 2023-2030.
Mind wellbeing supplements are regular mixtures that helpfully affect the cerebrum. These enhancements are natural concentrates presented as cases, tablets, and powders, which further develop memory, imagination, consideration, inspiration, and readiness in sound people. The natural plants, for example, Bacopa monniera and Withania somnifera are demonstrated to show mind upgrade properties. Moreover, vitamin B and C are gainful for mind and nerve wellbeing.
Ascend in mindfulness about cerebrum wellbeing supplements, expansion in the reception of mind wellbeing supplements by understudies, and Rapid development in online business enterprises that give items effectively in the non-industrial nations and ascend in inclination for regular enhancements over drugs are supposed to help the market development during the conjecture time frame.
Be that as it may, with the low interest in mental well-being supplements items from immature nations, for example, Asia and Africa are supposed to diminish the development of the market.
Teva Pharmaceutical Industries Ltd., which holds with Takeda a joint undertaking in the Japanese market, declared today another technique for its neighborhood business tasks. Almost a long time since its beginning, and following a top to a bottom survey of market potential open doors, the BV's new technique will zero in on commercializing a determination of perplexing generics, specialty resources, and other pipeline valuable open doors.
Driving Factors:
Expansion in R&D exercises in homegrown constituents.
Expansion of the number of central members fabricating cerebrum wellbeing supplements items.
Restraining Factors:
Unfortunate mindfulness about cerebrum wellbeing items.
Opportunities:
Expansion in the geriatric populace.
Expansion in the pervasiveness of cerebrum sicknesses like dementia, Alzheimer’s, and mental disease.
Challenges:
Absence of guidelines and misleading cases of mind well-being supplements.
The COVID-19 flare-up is expected to emphatically affect the development of the cerebrum wellbeing supplements market. The COVID-19 pandemic has focused on medical services frameworks on the planet. The base antagonistic response of homegrown plants expands the adaption of natural items by individuals. Besides, expansion in the utilization of enhancements items during pandemic lifts the resistance and improves the cerebrum work.
By Product Type:
Side-effect, the market is chiefly arranged into homegrown extricate, nutrients and minerals, and normal particles. The homegrown remove section is additionally characterized by Ginseng, Ginkgo biloba, Curcumin, Lion’s mane, Bacopa monnieri, and other natural concentrates.
By Application:
Based on application, the cerebrum wellbeing supplements market is isolated into memory upgrade, mindset and sorrow, consideration and concentration, life span and hostile to maturing, rest and recuperation, and tension.
By Age group:
Contingent upon age bunch, the old fragment ruled the mind wellbeing supplement market, and this pattern is supposed to go on during the gauge time frame, attributable to increment in the pervasiveness of cerebrum illnesses in matured people.
By supplement structure:
By supplement structure, the portion of the case ruled the market, and this pattern is supposed to go on during the figure time frame, attributable to the simplicity of detailing improvement. Nonetheless, the tablets portion is supposed to observe significant development during the estimated time frame, because of expansion in the simplicity of organization of tablets by the purchaser.
By sales channel:
According to the deals channel, the pharmacies portion ruled the mind wellbeing supplement market, and this pattern is supposed to go on during the estimated time frame, attributable to increment in the number of pharmacies and drive taken by government association for the improvement of pharmacies.
By Product:
Herbal Extract
Ginseng
Ginkgo Biloba
Curcumin
Lions Mane
Bacopa Monnieri
Other herbal extracts
Vitamins & Minerals
Vitamin B
Vitamin C & E
Other vitamins & minerals
Natural Molecules
Acetyl-L-carnitine
Alpha GPC
Citicoline
Docosahexaenoic Acid (DHA)
Huperzine-A
Other natural molecules
By Application:
Memory Enhancement
Mood & Depression
Attention & Focus
Longevity & Anti-aging
Sleep & Recovery
Anxiety
By Supplement Form:
Tablets
Capsules
Others
By Age Group:
Children
Adults
Elderly
By Sales Channel:
Supermarkets & Hypermarkets
Drug Stores
Online Stores
Others
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North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
North America held the biggest portion of the worldwide market for mind wellbeing supplements in 2021 and is a gauge to hold its situation all through the estimated period. Because of the expanded commonness of mental illness, progressions in innovative work for natural enhancements, and an upsurge in the utilization of cerebrum wellbeing supplements. The Asia Pacific is conjectured to encounter worthwhile development before very long. Because of an expansion in the number of central members fabricating mind wellbeing supplements, an expansion in Alzheimer's cases, and an expansion in the interest for enhancements to further develop resistance.
AlternaScript, LLC, Accelerated Intelligence Inc., Liquid Health, Inc., HVMN Inc., Natural Factors Nutritional Products Ltd., KeyView Labs, Inc., Onnit Labs, LLC, Purelife Bioscience Co., Ltd., Quincy Bioscience, Cerebral Success, Amway, Puori, Ocean Health, and Schiff.
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 7.09 Billion |
| Market Size by 2030 | US$ 14.23 Billion |
| CAGR | CAGR 9.1% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Age Group (Children, Adults, and Elderly) • by Product (Herbal Extract, Vitamins & Minerals, and Natural Molecules) • by Application (Memory Enhancement, Mood & Depression, Attention & Focus, Longevity & Anti-Aging, Sleep & Recovery, and Anxiety) • by Supplement Form (Tablets, Capsules, and Others) • by Sales Channel (Supermarkets & Hypermarkets, Drug Stores, Online Stores, and Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, +D11UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | AlternaScript, LLC, Accelerated Intelligence Inc., Liquid Health, Inc., HVMN Inc., Natural Factors Nutritional Products Ltd., KeyView Labs, Inc., Onnit Labs, LLC, Purelife Bioscience Co., Ltd., Quincy Bioscience, Cerebral Success, Amway, Puori, Ocean Health, and Schiff. |
| Drivers | •Expansion in R&D exercises in homegrown constituents. •Expansion of the number of central members fabricating cerebrum wellbeing supplements items. |
| Market Challenges: | •Absence of guidelines and misleading cases of mind well-being supplements. |
Ans: Manufacturers, Research Institutes, university libraries, suppliers, and distributors of the product.
Ans: The base year calculated in the Brain Health Supplements Market report is 2021.
Ans: AlternaScript, LLC, Accelerated Intelligence Inc., Liquid Health, Inc., HVMN Inc., Natural Factors Nutritional Products Ltd., KeyView Labs, Inc., Onnit Labs, LLC, Purelife Bioscience Co., Ltd., Quincy Bioscience, Cerebral Success, Amway, Puori, Ocean Health, and Schiff.
Ans: Unfortunate mindfulness about cerebrum wellbeing items and Absence of guidelines and misleading cases of mind well-being supplements are the restrains/challenges faced by the Brain Health Supplements market.
Ans: The Global Brain Health Supplements Market Size is supposed to arrive at USD 11.9 billion by 2028, and develop at a CAGR of 9.1% over the forecast period 2022-2028.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value chain analysis
6. Porter’s 5 forces model
7. PEST analysis
8. Global Brain Health Supplements Market segmentation, Product
8.1 Herbal Extract
8.1.1 Ginseng
8.1.2 Ginkgo Biloba
8.1.3 Curcumin
8.1.4 Lions Mane
8.1.5 Bacopa Monnieri
8.1.6 Other herbal extracts
8.2 Vitamins & Minerals
8.2.1 Vitamin B
8.2.2 Vitamin C & E
8.2.3 Other vitamins & minerals
8.3 Natural Molecules
8.3.1 Acetyl-L-carnitine
8.3.2 Alpha GPC
8.3.3 Citicoline
8.3.4Docosahexaenoic Acid (DHA)
8.3.5 Huperzine-A
8.3.6 Other natural molecules
9. Global Brain Health Supplements Market segmentation, By Application
9.1 Memory Enhancement
9.2 Mood & Depression
9.3 Attention & Focus
9.4 Longevity & Anti-aging
9.5 Sleep & Recovery
9.6 Anxiety
10. Global Brain Health Supplements Market segmentation, By Age Group
10.1 Children
10.2 Adults
10.3 Elderly
11. Global Brain Health Supplements Market segmentation, By Sales Channel
11.1 Supermarkets & Hypermarkets
11.2 Drug Stores
11.3 Online Stores
11.4 Others
12. Global Brain Health Supplements Market segmentation, By Supplement Form
12.1 Tablets
12.2 Capsules
12.3 Others
13. Global Brain Health Supplements Market, by region/ country
13.1 Introduction
13.2 North America
13.2.1 USA
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 France
13.3.4 Italy
13.3.5 Spain
13.3.6 The Netherlands
13.3.7 Rest of Europe
13.4 Asia-Pacific
13.4.1 Japan
13.4.2 South Korea
13.4.3 China
13.4.4 India
13.4.5 Australia
13.4.6 Rest of Asia-Pacific
13.5 The Middle East & Africa
13.5.1 Israel
13.5.2 UAE
13.5.3 South Africa
13.5.4 Rest
13.6 Latin America
13.6.1 Brazil
13.6.2 Argentina
13.6.3 Rest of Latin America
14. Company profiles
14.1 AlternaScript, LLC
14.1.1 Financial
14.1.2 Products/ Services Offered
14.1.3 Swot Analysis
14.1.4 The SNS View
14.2 Accelerated Intelligence Inc.
14.3 Liquid Health, Inc.
14.4 HVMN Inc.
14.5 Natural Factors Nutritional Products Ltd.
14.6 KeyView Labs, Inc.
14.7 Onnit Labs, LLC
14.8 Purelife Bioscience Co., Ltd.
14.9 Quincy Bioscience
14.10 Cerebral Success
14.11 Amway
14.12 Puori
14.13 Ocean Health
14.14 Schiff.
15. Competitive Landscape
15.1 Competitive Bench Marking
15.2 Market Share Analysis
15.3 Recent Developments
16. Conclusion
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