Brain Health Supplements are used to enhance and improve the brain’s functions such as memory, learning, focus and anxiety. These health supplements are available in both synthetic and natural form which have major application in memory enhancement. The increasing use of brain health supplements has helped in predicting and managing mental disorders such as Alzheimer’s disease mainly in the geriatric population. Professionals, entrepreneurs, sports person are choosing for memory booster’s supplements in order to get an edge over the competition.
Market Dynamics
The rising incidence of depression, stress and other mental health conditions is a major factor that is expected to boost the brain health supplements market growth during the forecast period. For instance, according to the World Health Organization (WHO), in 2017, around 300 million people were suffering from depression, globally. Moreover, launch of novel products by market players is also driving the global brain health supplements market growth. For instance, in October 2015, Mannatech, Incorporated announced the launch of the Cognitate supplement in Korea. The supplement helps in enhancing neurotransmitters which are actively involved in learning and memory and improve the cognitive ability.
Key features of the study:
This report provides in-depth analysis of the global brain health supplements market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2020–2027), considering 2019 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new drug launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global brain health supplements market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
Key companies covered as a part of this study are 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
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future drug launches, drug class up-gradation, market expansion, and marketing tactics
The global brain health supplements market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global brain health supplements market.
Detailed Segmentation:
Global Brain Health Supplements Market, By Product Type:
Herbal Extracts
Ginseng
Ginkgo Biloba
Curcumin
Lions Mane
Others
Vitamins & Minerals
Vitamin B
Vitamin C & E
Others
Natural Molecules
Acetyl-L-Carnitine
Alpha GPC
Citicoline
Docosahexaenoic Acid (DHA)
Others
Global Brain Health Supplements Market, By Application:
Memory Enhancement
Mood & Depression
Attention & Focus
Longevity & Anti-aging
Sleep & Recovery
Anxiety
Global Brain Health Supplements Market, By Supplement Form:
Tablets
Capsules
Others
Global Brain Health Supplements Market, By Age Group:
Geriatric
Adults
Pediatrics
Global Brain Health Supplements Market, By Distribution Channel:
Supermarkets & Hypermarkets
Drug Stores
Online Stores
Global Brain Health Supplements Market, By Region:
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About the Author
Trupti Joined: March 17th, 2021 Articles Posted: 36
