Brain Health Supplements Market Set to Soar Past USD 24.29 Billion by 2030
The global Brain Health Supplements market size is expected to reach USD 24.29 billion by 2030 and exhibit a CAGR of 13.7% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increasing awareness of mental health, a growing aging population, rising stress levels, the pursuit of cognitive enhancement, lifestyle-related factors like poor diet and sedentary habits, and a surge in research and development efforts to create innovative and effective brain health supplements are fueling the market’s growth.
Westford,USA, Jan. 17, 2024 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Brain Health Supplements market, rising demand for natural and organic ingredients, the emergence of personalized supplements tailored to individual brain health needs, the integration of digital health and wearable technology for tracking cognitive health, the expansion of distribution channels through e-commerce and online retail, increasing focus on preventive healthcare and holistic well-being, and heightened regulatory scrutiny and quality assurance measures to ensure product safety and efficacy are the trends that aid in the market’s growth.
Browse in-depth TOC on “Brain Health Supplements Market”
- Pages – 157
- Tables – 66
- Figures – 75
Brain health supplements are dietary supplements marketed to improve cognitive function, memory, focus, and overall brain health. Brain health supplements contain omega-3 fatty acids, B vitamins, antioxidants, and herbs such as ginkgo biloba and bacopa monnieri.
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Prominent Players in the Brain Health Supplements Market
- Accelerated Intelligence Inc.
- AlternaScript LLC
- Natrol LLC
- HVMN Inc.
- KeyView Labs, Inc.
- Liquid Health, Inc.
- Natural Factors Nutritional Products Ltd.
- Onnit Labs, LLC.
- Purelife Bioscience Co., Ltd.
- Quincy Bioscience, LLC.
- Reckitt Benckiser Group plc.
- Unilever plc (Onnit Labs, Inc.)
- Church & Dwight Co., Inc.
- Ocean Health Pte Ltd.
- Elysium Health, Inc.
- Nature’s Way Brands
- Thorne Research, Inc.
- Life Extension
- BrainMD Health
- Nootropics Depot
- Pure Encapsulations
- Jarrow Formulas
- NOW Foods
Omega-3 Fatty Acids Demand to Grow Substantially in the Forecast Period
Omega-3 Fatty Acids dominate the global online market those containing EPA and DHA, have been associated with various cognitive benefits, including improved memory and cognitive function. Research supporting the positive effects of omega-3 fatty acids on brain health has contributed to their popularity.
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Memory Enhancement is the Leading Application Segment
In terms of application, the memory enhancement is the leading segment due to individuals of all ages who want to improve their cognitive function, memory retention, and recall. This application segment appeals to a broad consumer base, including students, professionals, and the elderly concerned about age-related cognitive decline.
North America is the leading Market Due to Technological Advancements
Region-wise, North America is one of the largest growing markets with a huge emphasis on technological advancements. Consumers in North America have a high level of awareness about dietary supplements and health-related products, driving demand. The U.S. has established regulations governing dietary supplements, which have helped build consumer trust in product quality and safety.
A recent report thoroughly analyzes the major players operating within the Brain Health Supplements market. This comprehensive evaluation has considered several crucial factors, such as collaborations, mergers, innovative business policies, and strategies, providing invaluable insights into the key trends and breakthroughs in the market. Additionally, the report has carefully scrutinized the market share of the top segments and presented a detailed geographic analysis. Finally, the report has highlighted the major players in the industry and their ongoing endeavors to develop innovative solutions that cater to the ever-increasing demand for Brain Health Supplements.
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Critical Developments in the Brain Health Supplements Market
- Johnson & Johnson announced a collaboration with a leading technology company to develop innovative brain health solutions, combining pharmaceutical expertise with digital health technologies.
Key Questions Answered in Brain Health Supplements Market Report
- What specific growth drivers will impact the market during the forecast period?
- Can you list the top companies in the market and explain how they have achieved their positions of influence?
- In what ways do regional trends and patterns differ within the global market, and how might these differences shape the market’s future growth?
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