Upcoming trends, demand, regional analysis – Stillwater Current
According to the latest report from the IMARC group “Brain Health Supplements Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026“, The global brain health supplements market has shown strong growth during the period 2015-2020. Looking ahead, IMARC Group expects the market to grow at a CAGR of around 7% during the forecast period (2021-2026).
Brain Health Supplements are natural concentrates and herbal extracts that affect brain function and capacity. They include various nutrients including vitamins, proteins, amino acids, bioflavonoids, and minerals extracted from echinacea, ginkgo biloba, ginseng, curcumin, and lion’s mane. Brain Health Supplements improve and promote memory, attention, alertness, motivation, and creativity in healthy individuals. As a result, these supplements are recommended by healthcare professionals to effectively treat depression, dementia, sleep, antiaging, and anxiety. Nowadays, they are available in various forms like tablets, powder, capsules and soft gel.
Note: We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of related industries. These observations will be incorporated into the report.
The global brain health supplement market is primarily driven by the growing awareness of individuals about brain health and the benefits of high quality, naturally derived dietary supplements. For this reason, several leading manufacturers have launched brain health supplements using organic ingredients, which are sustainably grown. Additionally, the growing demand for memory enhancers and the increasing prevalence of neurogenerative disorders and dementia, especially among the geriatric population, have led to the adoption of these supplements. In addition to this, growing health awareness, increasing healthcare spending, and easy availability through online and offline retail channels are some of the other factors that are increasing the demand for supplements for the health. brain health around the world.
Breakdown by product:
- Natural Molecules
- Herbal extract
- Vitamins and minerals
Break by shape:
- Tablets and capsules
Breakdown by distribution channel:
- Supermarkets and hypermarkets
- Online stores
Breakdown by application:
- Improved memory
- Attention and concentration
- Depression and mood
- Sleep and recovery
- Anti-aging and longevity
Market breakdown by region:
- North America (United States, Canada)
- Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, others)
- Middle East and Africa
Competitive landscape with Key Player:
- Accelerated Intelligence Inc.
- Aurobindo Pharma
- HVMN inc.
- Liquid Health Inc.
- Natural Factors Nutritional Products Ltd.
- Onnit Laboratories Inc.
- Purelife Bioscience Co. Ltd.
- Quincy Bioscience LLC
- Reckitt Benckiser Group plc.
- Teva Pharmaceutical Industries Ltd.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are constantly monitoring changes in the markets, as well as the industrial behaviors of consumers around the world and our estimates on the latest market trends and forecasts are made afterwards. examining the impact of this pandemic.
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