The universal Brain Health Supplements market report endows with the basic information about industry, definition, classification, application, industry chain structure, industry overview and international market analysis. By synchronizing with project managers, DBMR team provide the clients on every strategic aspect including product development, key areas of development, application modeling, use of technologies, the acquisition strategies, exploring niche growth opportunities and new markets. This market research report also enlists the leading competitors and provides the insights about the strategic industry analysis of the key factors influencing the Abc industry. The market drivers and restraints have been explained in the dependable Brain Health Supplements report with the use of SWOT analysis.
Brain Health Supplements market research report takes into consideration key market dynamics of the sector. Additionally, this market report comprises of crucial aspects of the market that contains industry research, market sizing forecast, competitive intelligence, market entry strategy, pricing trends, sustainability trends, customer insights, technology evolution, innovation trends, and distribution channel assessment. This market survey offers key information about the industry, helpful and important facts and figures, expert opinions, and the latest developments across the world. Brain Health Supplements market report can be relied upon for sure when thinking about key business decisions.
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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 global 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 |
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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.
Table of Content
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Brain Health Supplements Market Landscape
Part 04: Global Brain Health Supplements Market Sizing
Part 05: Global Brain Health Supplements Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
The Report Can Answer the Following Questions:
- Who are the global key players of Brain Health Supplements industry? How are their operating situation (capacity, production, price, cost, gross and revenue)?
- What are the types and applications of Brain Health Supplements? What is the market share of each type and application?
- What are the upstream raw materials and manufacturing equipment of Brain Health Supplements? What is the manufacturing process of Brain Health Supplements?
- Economic impact on Brain Health Supplements industry and development trend of Brain Health Supplements industry.
- What will the Brain Health Supplements market size and the growth rate be in 2029?
- What are the key factors driving the global Brain Health Supplements industry?
- What are the key market trends impacting the growth of the Brain Health Supplements market?
- What are the Brain Health Supplements market challenges to market growth?
- What are the Brain Health Supplements market opportunities and threats faced by the vendors in the global Brain Health Supplements market?
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