Brain Health Supplements Global Market Report 2024

Description

Brain Health Supplements Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on brain health supplements market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for brain health supplements? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The brain health supplements market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Product: Natural Molecules; Herbal Extract; Vitamins and Minerals
2) By Supplement Form: Tablets; Capsules; Liquid
3) By Distribution: Supermarket and Hypermarket; Drug Store; Online
4) By Application: Memory Enhancement; Mood and Depression; Attention and Focus; Longevity and Anti-aging; Sleep and Recovery; Anxiety
Companies Mentioned: Accelerated Intelligence Inc.; AlternaScript LLC; Aurobindo Pharma Limited; HVMN Inc.; KeyView Labs Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Brain health supplements are designed to enhance brain function in healthy individuals, improving aspects such as memory, motivation, creativity, attentiveness, and overall cognitive performance.

These supplements encompass a variety of products, including natural molecules, herbal extracts, vitamins, and minerals. Natural molecules are complex compounds primarily composed of carbon atoms linked to other elements and/or carbon atoms. Brain health supplements are commonly available in tablet, capsule, and liquid forms, distributed through channels such as supermarkets, hypermarkets, drug stores, and online platforms. They find applications in memory enhancement, mood and depression management, attention and focus, longevity and anti-aging, sleep and recovery, as well as anxiety management.

The brain health supplements market research report is one of a series of new reports from The Business Research Company that provides brain health supplements market statistics, including brain health supplements industry global market size, regional shares, competitors with a brain health supplements market share, detailed brain health supplements market segments, market trends and opportunities, and any further data you may need to thrive in the brain health supplements industry. This brain health supplements market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The brain health supplements market size has grown rapidly in recent years. It will grow from $9.63 billion in 2023 to $10.77 billion in 2024 at a compound annual growth rate (CAGR) of 11.8%. The historical growth in brain health supplements can be attributed to the expansion of e-commerce, the growth of personalized nutrition, advancements in scientific validation and research, and increased concerns related to digital overload and screen time.

The brain health supplements market size is expected to see rapid growth in the next few years. It will grow to $16.93 billion in 2028 at a compound annual growth rate (CAGR) of 12.0%. The forecasted growth in brain health supplements can be attributed to trends in the aging population, a rise in health awareness, growing concerns about stress and mental health, a focus on preventive healthcare, and advancements in supplement formulations. Major trends in the forecast period include celebrity endorsements and influencer marketing, regulatory support, adherence to safety standards, personalized nutrition trends, ongoing clinical research and validation, and the evolution of consumer preferences.

The prevalence of brain diseases is expected to fuel the growth of the brain health supplements market. Brain diseases, considered disorders affecting the brain, prompt a need for essential nutrient supplementation, such as long-chain polyunsaturated fatty acids, vitamin E, and mineral elements. With around 500,000 new instances of Alzheimer's disease expected to be identified annually in the United States, and Alzheimer's dementia affecting various age groups, there is a growing demand for brain health supplements. These supplements aim to reduce inflammation, enhance antioxidative defense, and mitigate the risks associated with brain diseases, contributing to the market's growth.

The aging population is a key factor propelling the growth of the minivan market, and concurrently, the brain health supplements market. As the demographic trend of an increasing proportion of elderly individuals continues, brain health supplements cater to the aging population by promoting cognitive function and addressing memory-related concerns. With projections indicating that one out of every six individuals globally will be 60 years old or older by 2030, and the global population of individuals aged 60 and older anticipated to double by 2050, there is a sustained and growing market for brain health supplements. These supplements play a crucial role in supporting cognitive health and addressing concerns associated with aging.

Product innovation is a significant trend shaping the brain health supplements market. Companies are actively engaged in developing innovative products to maintain a competitive edge in the market. For example, Cosmos Holdings launched Sky Premium Life Brainlit, an advanced formula designed to maintain and enhance brain function. This innovative supplement includes Ginkgo biloba, glutamine, L-tyrosine, and other essential vitamins and minerals crucial for brain function. The rising prevalence of Alzheimer's disease, dementia, Parkinson's disease, depression, and anxiety has created a demand for effective and innovative brain health solutions, driving product innovation in the market.

Major players in the brain health supplements market are introducing plant-derived and clinically studied solutions. These solutions sourced from plants and rigorously examined in clinical trials, aim to enhance cognitive function and promote overall brain well-being. For instance, Nature's Way launched Brain Fuel, a gummy supplement featuring Cognigrape red grape extract, vitamins B6, and B12. This product is designed to support short-term memory, focus, and concentration in adults. The emphasis on natural cognitive support products, backed by clinical studies, aligns with consumer preferences for plant-derived and scientifically validated brain health supplements.

In September 2021, HAVN Life Sciences made a strategic acquisition by acquiring Bennett's Choice, a supplement development company based in Canada. The acquisition brought a fresh and exceptional collection of patented formulas to HAVN Life Sciences' line of natural health products. This strategic move reflects the industry's focus on expanding product portfolios and leveraging unique formulations to meet the growing demand for brain health supplements.

Major companies operating in the brain health supplements market report are Accelerated Intelligence Inc., AlternaScript LLC, Aurobindo Pharma Limited, HVMN Inc., KeyView Labs Inc., Liquid Health Inc., Natural Factors Nutritional Products Ltd., NOW Health Group Inc., Onnit Labs LLC, Peak Nootropics LLC, Purelife Bioscience Co. Ltd., Quincy Bioscience LLC, Reckitt Benckiser Group PLC, Teva Pharmaceutical Industries Ltd., Vital Basics Inc., Koninklijke DSM NV, BASF SE, Lonza Group, Glanbia PLC, Archer-Daniels-Midland Company, Nutra-Life Health & Fitness Pvt. Ltd., Nutraceutical International Corporation, Nutrionn Health Care Pvt. Ltd., NutraChamps Inc., Ceretropic LLC, Neurohacker Collective LLC, Life Extension Foundation Buyers Club Inc., Gaia Herbs LLC, Garden of Life LLC, Country Life LLC, BrainGear Inc., and BioSchwartz LLC.

North America was the largest region in the brain health supplements market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the brain health supplements market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the brain health supplements market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The brain health supplements market consists of sales of B vitamins, caffeine, and L-theanine products. Values in this market are 'nutraceuticals' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r12530

1. Executive Summary

2. Brain Health Supplements Market Characteristics

3. Brain Health Supplements Market Trends And Strategies

4. Brain Health Supplements Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Brain Health Supplements Market Size and Growth

5.1. Global Brain Health Supplements Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Brain Health Supplements Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Brain Health Supplements Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Brain Health Supplements Market Segmentation

6.1. Global Brain Health Supplements Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Natural Molecules
Herbal Extract
Vitamins and Minerals
6.2. Global Brain Health Supplements Market, Segmentation By Supplement Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Tablets
Capsules
Liquid
6.3. Global Brain Health Supplements Market, Segmentation By Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Supermarket and Hypermarket
Drug Store
Online
6.4. Global Brain Health Supplements Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Memory Enhancement
Mood and Depression
Attention and Focus
Longevity and Anti-aging
Sleep and Recovery
Anxiety

7. Brain Health Supplements Market Regional And Country Analysis

7.1. Global Brain Health Supplements Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Brain Health Supplements Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Brain Health Supplements Market

8.1. Asia-Pacific Brain Health Supplements Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Brain Health Supplements Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Brain Health Supplements Market, Segmentation By Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Brain Health Supplements Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Brain Health Supplements Market

9.1. China Brain Health Supplements Market Overview
9.2. China Brain Health Supplements Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Brain Health Supplements Market, Segmentation By Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Brain Health Supplements Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Brain Health Supplements Market

10.1. India Brain Health Supplements Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Brain Health Supplements Market, Segmentation By Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Brain Health Supplements Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Brain Health Supplements Market

11.1. Japan Brain Health Supplements Market Overview
11.2. Japan Brain Health Supplements Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Brain Health Supplements Market, Segmentation By Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Brain Health Supplements Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Brain Health Supplements Market

12.1. Australia Brain Health Supplements Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Brain Health Supplements Market, Segmentation By Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Brain Health Supplements Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Brain Health Supplements Market

13.1. Indonesia Brain Health Supplements Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Brain Health Supplements Market, Segmentation By Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Brain Health Supplements Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Brain Health Supplements Market

14.1. South Korea Brain Health Supplements Market Overview
14.2. South Korea Brain Health Supplements Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Brain Health Supplements Market, Segmentation By Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Brain Health Supplements Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Brain Health Supplements Market

15.1. Western Europe Brain Health Supplements Market Overview
15.2. Western Europe Brain Health Supplements Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Brain Health Supplements Market, Segmentation By Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Brain Health Supplements Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Brain Health Supplements Market

16.1. UK Brain Health Supplements Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Brain Health Supplements Market, Segmentation By Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Brain Health Supplements Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Brain Health Supplements Market

17.1. Germany Brain Health Supplements Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Brain Health Supplements Market, Segmentation By Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Brain Health Supplements Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Brain Health Supplements Market

18.1. France Brain Health Supplements Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Brain Health Supplements Market, Segmentation By Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Brain Health Supplements Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Brain Health Supplements Market

19.1. Italy Brain Health Supplements Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Brain Health Supplements Market, Segmentation By Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Brain Health Supplements Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Brain Health Supplements Market

20.1. Spain Brain Health Supplements Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Brain Health Supplements Market, Segmentation By Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Brain Health Supplements Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Brain Health Supplements Market

21.1. Eastern Europe Brain Health Supplements Market Overview
21.2. Eastern Europe Brain Health Supplements Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Brain Health Supplements Market, Segmentation By Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Brain Health Supplements Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Brain Health Supplements Market

22.1. Russia Brain Health Supplements Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Brain Health Supplements Market, Segmentation By Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Brain Health Supplements Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Brain Health Supplements Market

23.1. North America Brain Health Supplements Market Overview
23.2. North America Brain Health Supplements Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Brain Health Supplements Market, Segmentation By Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Brain Health Supplements Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Brain Health Supplements Market

24.1. USA Brain Health Supplements Market Overview
24.2. USA Brain Health Supplements Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Brain Health Supplements Market, Segmentation By Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Brain Health Supplements Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Brain Health Supplements Market

25.1. Canada Brain Health Supplements Market Overview
25.2. Canada Brain Health Supplements Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Brain Health Supplements Market, Segmentation By Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Brain Health Supplements Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Brain Health Supplements Market

26.1. South America Brain Health Supplements Market Overview
26.2. South America Brain Health Supplements Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Brain Health Supplements Market, Segmentation By Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Brain Health Supplements Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Brain Health Supplements Market

27.1. Brazil Brain Health Supplements Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Brain Health Supplements Market, Segmentation By Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Brain Health Supplements Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Brain Health Supplements Market

28.1. Middle East Brain Health Supplements Market Overview
28.2. Middle East Brain Health Supplements Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Brain Health Supplements Market, Segmentation By Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Brain Health Supplements Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Brain Health Supplements Market

29.1. Africa Brain Health Supplements Market Overview
29.2. Africa Brain Health Supplements Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Brain Health Supplements Market, Segmentation By Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Brain Health Supplements Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Brain Health Supplements Market Competitive Landscape And Company Profiles

30.1. Brain Health Supplements Market Competitive Landscape
30.2. Brain Health Supplements Market Company Profiles
- 30.2.1. Accelerated Intelligence Inc.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. AlternaScript LLC
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Aurobindo Pharma Limited
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. HVMN Inc.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. KeyView Labs Inc.
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Brain Health Supplements Market Competitive Benchmarking

32. Global Brain Health Supplements Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Brain Health Supplements Market

34. Brain Health Supplements Market Future Outlook and Potential Analysis

34.1 Brain Health Supplements Market In 2028 - Countries Offering Most New Opportunities
34.2 Brain Health Supplements Market In 2028 - Segments Offering Most New Opportunities
34.3 Brain Health Supplements Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer