Brain Health Supplements Market (By Product: Herbal Extract [Ginseng, Ginkgo Biloba, Curcumin, Lions Mane, Bacopa Monnieri, Others], Vitamins & Minerals [B Vitamins, Vitamin C & E, Others], Natural Molecules [Acetyl-L-carnitine, Alpha GPC, Citicoline, Docosahexaenoic Acid (DHA), Huperzine-A, Others]; By Application: Memory Enhancement, Mood & Depression, Attention & Focus, Longevity & Anti-aging, Sleep & Recovery, Anxiety; By Supplement Form: Tablets, Capsules, Others; By Sales Channel: Supermarkets & Hyper markets, Drug Stores, Online Stores, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Category : Healthcare and Pharmaceuticals | Delivery Format : PDF | Status: Published | Pages : 190

Introduction

The global brain health supplements market is expected to grow at CAGR 9.2% during the forecast period, 2019-2026

A supplement are the products which are used to enhance and improves the deficiency in the human body. These are often consumed in the form of capsules, softgel and powder or liquid. During last few years, the demand for the different supplements have increased significantly owing to the increasing prevalence of the various diseases. Increasing awareness about health, rising population and changing lifestyle have driven the growth of the brain health supplements market. Many government and private organization are trying to educate the people about various application and benefits of the brain health supplements which have supported the growth of the market. On the other hand, limited penetration of the brain health supplements in developing countries in Asia and Africa, high prices may slow the growth of the brain health supplements market.

The market research study on “Brain Health Supplements Market - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026” offers a detailed outlook, strategic recommendations, and insightful viewpoints on the global Brain Health Supplements market. The report also analyzes the key players operating in Brain Health Supplements market and identifies the key strategies deployed by them along with the market share of leading players.

The global Brain Health Supplements market is segmented as below:

Brain Health Supplements Market By Product

    • Herbal Extract
    • Ginseng
    • Ginkgo Biloba
    • Curcumin
    • Lions Mane
    • Bacopa Monnieri
    • Others
  • Vitamins & Minerals
    • B Vitamins
    • Vitamin C & E
    • Others
  • Natural Molecules
    • Acetyl-L-carnitine
    • Alpha GPC
    • Citicoline
    • Docosahexaenoic Acid (DHA)
    • Huperzine-A
    • Others

Brain Health Supplements Market By Application

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

Brain Health Supplements Market By Supplement Form

  • Tablets
  • Capsules
  • Others

Brain Health Supplements Market By Sales Channel

  • Supermarkets & Hyper markets
  • Drug Stores
  • Online Stores
  • Others

Brain Health Supplements Market by Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Sweden
    • Norway
    • Denmark
    • Netherlands
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • Singapore
    • India
    • Rest of Asia-Pacific
  • Rest of the World
    • UAE
    • Qatar
    • Saudi Arabia
    • South Africa
    • Rest of the World

The key trends supporting the brain health supplements market growth includes increasing awareness and parental concern towards enhancing their child potential, huge number of people for maintaining proper mental function and improving the quality of the life.

The brain health supplements is segmented by product, age group, sales channel and application. On the basis of product, the global brain health supplements is segmented into herbal extract, vitamins & minerals, natural molecules, and others. On the basis of age group, the global brain health supplements market is segmented into children, adults, and elderly. On the basis of application, the global brain health supplements market is bifurcated into memory enhancement, mood & depression, attention & focus, longevity & anti-aging, sleep & recovery, anxiety, and others. Based on supplement form, the global market is segmented into tablets, capsules, and others. On the basis of sales channel, the market is segmented into supermarkets & hypermarkets, drug stores, online stores, and others.

Geographically, the global brain health supplements market is segmented into North America, Europe, Asia Pacific, Latin America and The Middle East & Africa (LAMEA).

Geographically, the brain health supplements market is segmented into North America,Europe, Asia Pacific, (LAMEA).

North America is expected to hold major market share during forecast period owing to high presence of huge patient suffering from various nutritional diseases, rising geriatric poplation and well developed economy. Additionally, increasing number of surgeries coupled with the high healthcare spending have supported the growth of the North America brain health supplements market across the globe. In 2015, According to the Federal Interagency Forum, over, 15.1% population were above 65 aged in North America. Additionally, According to the Centre for Medicare and Medical Services, national health spending in the U.S. is projected to grow at an average rate of 5.5% per year for 2017-26 and to reach USD 5.7 trillion by 2026.

Europe is expected to second leading position in the Europe brain health supplements market. Adoption of nutritional supplement, well awareness among the people and huge patient pool are the major drivers of the brain health supplements market. Favorable government support and desecrating lifestyle have supported the brain health supplements market growth. Asia Pacific is expected to be fasted growing market for brain health supplements owing to the presence of huge population suffering from nutritional diseases and lifestyle such as diabetes are major diving factor in this region. According to the International Diabetes Federation (IDF), in 2016, over 114 million cases of diabetes in China were reported. Presence of rapidly developing economy, increasing government support and rising healthcare spending have boosting the growth of brain health supplements market in Asia Pacific.

The LAMEA brain health supplements market is majorly driven by increasing number of children’s and people suffering from malnourished children, increasing nutritional education, and increasing number of premature births. Additionally, rising geriatric population, and increasing government support have supported the growth of the brain health supplements market. Many premature babies suffers from undeveloped immunity, and low weight thus are administered by brain health supplements to meet the nutritional demand of the body.

Some of the major players analyzed and profiles in this market include AlternaScript, LLC, Accelerated Intelligence Inc., Natural Factors Nutritional Products Ltd., Aurobindo Pharma Limited, Onnit Labs, LLC, HVMN Inc., Liquid Health, Inc., Purelife Bioscience Co., Ltd., KeyView Labs, Inc., and Quincy Bioscience.

Being a nascent market, many new companies many enter in the market in near future which will increase the competitive rivalry. Continuously increasing demand for the high quality products favored the international players to withstand in the market. Additionally, price reduction strategies and introduction of technologically advanced products undertaken by key players will fuel the market growth and competition in the market.

Being a nascent market, many new companies many enter in the market in near future which will increase the competitive rivalry. Continuously increasing demand for the high quality products favored the international players to withstand in the market. Additionally, price reduction strategies and introduction of technologically advanced products undertaken by key players will fuel the market growth and competition in the market.

For instance- Unilever global consumer product company has acquired U.S. based supplement company olly. This acquisition will not only improve the presence of the company in but it will also help in increasing the hold of the company in U.S. market.


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