Image

Global Brain Health Supplements Market – Industry Trends and Forecast to 2030

Food & Beverage

Image

Global Brain Health Supplements Market – Industry Trends and Forecast to 2030

  • Food & Beverage
  • Upcoming Report
  • Jan 2023
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Brain Health Supplements Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 8501.24 Million
Diagram Market Size (Forecast Year) USD 18760.09 Million
Diagram CAGR %

Global Brain Health Supplements Market, By Product (Herbal Extracts, Vitamins and Minerals, Natural Molecules), Application (Memory Enhancement, Mood and Depression, Attention and Focus, Longevity and Anti-aging, Sleep and Recovery and Anxiety), Supplement Form (Tablets, Capsules and Others), Age Group (Children, Adults and Elderly), Sale Channel (Supermarkets and Hypermarkets, Drug Stores, Online Stores and others)  – Industry Trends and Forecast to 2030.

Brain Health Supplements Market

Brain Health Supplements Market Analysis and Size

As per the report which has published by the World Health Organization (WHO), around 280 million people suffer from depression in 2021 globally. Similarly, according to the Anxiety & Depression Association of America, the Major Depression Disorder (MDD) affected approximately 6.7% of the U.S. population aged above 18 and more than 16.1 million U.S. adults in 2020. Brain health supplements have gained huge popularity as antidepressants globally among consumers, likely enhancing market growth during the forecast period.

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.     

Brain Health Supplements Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Product (Herbal Extracts, Vitamins and Minerals, Natural Molecules), Application (Memory Enhancement, Mood and Depression, Attention and Focus, Longevity and Anti-aging, Sleep and Recovery and Anxiety), Supplement Form (Tablets, Capsules and Others), Age Group (Children, Adults and Elderly), Sale Channel (Supermarkets and Hypermarkets, Drug Stores, Online Stores and others)

Countries Covered

U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, 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)

Market Players Covered

DSM (Netherlands), BASF SE (Germany), Lonza Group (Switzerland), Glanbia Plc (Ireland), ADM (U.S.), Farbest Brands (U.S.), SternVitamin GmbH & Co. K.G. (Germany), Adisseo (France), BTSA Biotechnologias Aplicadas S.L. (Spain) and Rabar Pty Ltd (Australia)

Market Opportunities

  • Growing application of brain health supplements in pharmaceuticals sector
  • Increasing sedentary and hectic lifestyle among the population
  • Growing product launches and other innovations

Market Definition

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 brain. Moreover, vitamins B and C are useful to nerve and brain health.

Brain Health Supplements Market Dynamics

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 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.

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 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.

 Restraints/ Challenges

  • Multiple issues associated with brain health supplements market

Some of the major factors are expected to impede the growth of brain health supplements market, such as lack of awareness among consumer regarding product’s availability. Additionally, these products are costly, and people in emerging nations do not consider these products absolute necessity. Moreover, numerous people recognize it as a product with a several side effects, which causes people to be hesitant to consume the brain health supplements all over the world.

This brain health supplements market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the brain health supplements market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

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.

Global Brain Health Supplements Market Scope

The brain health supplements market is segmented on the basis of product, application, supplement form, age group and sale channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

  • Herbal Extracts
  • Ginseng
  • Ginkgo biloba
  • Curcumin
  • Lions mane
  • Bacopa monnieri
  • Others
  • Vitamins and Minerals
  • Vitamin B
  • Vitamin C & E
  • Others          

Natural Molecules

  • Acetyle-i-carnitine
  • Alpha gpc
  • Citicoline
  • Docosahexaenoic acid (dha)
  • Huperzine a
  • Others

Supplement form

  • Tablets
  • Capsules
  • Others

Sales channel

  • Supermarkets and Hypermarkets
  • Drug Stores
  • Online Stores
  • others

Age group

  • Kids
  • Adults
  • Elderly 

Application

  • Memory Enhancement
  • Mood and Depression
  • Attention and Focus
  • Longevity and Anti-aging
  • Sleep and Recovery
  • Anxiety

 Brain Health Supplements Market Regional Analysis/Insights

The brain health supplements market is analyzed and market size insights and trends are provided by country, product, application, supplement form, age group and sale channel as referenced above.

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.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Brain Health Supplements Market Share Analysis

The brain health supplements market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to brain health supplements market.

Some of the major players operating in the brain health supplements market are:

  • 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)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

FREQUENTLY ASK QUESTIONS

The Brain Health Supplements Market is projected to grow at a CAGR of 10.40% during the forecast period by 2030.
The future market value of the Brain Health Supplements Market is expected to reach USD 18760.09 million by 2030.
The major players in the Brain Health Supplements Market are DSM (Netherlands), BASF SE (Germany), Lonza Group (Switzerland), Glanbia Plc (Ireland), ADM (U.S.), Farbest Brands (U.S.), SternVitamin GmbH & Co. K.G. (Germany), Adisseo (France), etc.
The countries covered in the Brain Health Supplements Market are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, etc.
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials