Brain Health Supplements Market Share, Size, Growth, Opportunity and Forecast 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Brain Health Supplements Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global brain health supplements market exhibited strong growth during 2015-2020. Brain health supplements refer to various natural and herbal dietary compounds consumed to improve brain functioning. They are fortified with herbal extracts, including ginseng, echinacea, ginkgo biloba, curcumin and lion's mane, along with essential vitamins, amino acids, proteins, minerals and bioflavonoids. These supplements are commonly available in the form of tablets, capsules, soft gels, powders and syrups. They aid in enhancing memory, concentration, attention, sleep recovery, mood regulation, aging and motor functions. Regular consumption of brain health supplements also aid in minimizing the risks of developing anxiety, dementia, depression, Alzheimer’s and other neurological degenerative disorders.

The increasing prevalence of neurodegenerative disorders across the globe is one of the key factors driving the growth of the market. Furthermore, the rising geriatric population, which is more susceptible to such ailments, is providing a thrust to the market growth. With the growing health consciousness among the masses and hectic work schedules, consumers are incorporating brain health supplements into their daily diets to stay mentally alert and improve their overall functioning throughout the day. In line with this, the sudden onset of the Covid-19 pandemic has triggered the occurrence of various mental disorders, which has further enhanced the consumption of brain health supplements to minimize its adverse effects. Additionally, various product innovations, such as the launch of variants manufactured using organic ingredients grown using sustainable methods, are acting as other growth-inducing factors. Consumers are also more aware of the benefits of naturally-sourced high-quality dietary supplements and widely using them to fulfill the nutritional gaps in their regular diets. Other factors, including rising healthcare expenditures of the consumers, along with extensive research and development (R&D) activities, are anticipated to drive the market growth. Looking forward, IMARC Group expects the global brain health supplements market to grow at a CAGR of around 7% during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global brain health supplements market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product, form, distribution channel and application.

Breakup by Product:

Natural Molecules
Herbal Extract
Vitamins and Minerals

Breakup by Form:

Tablets and Capsules
Powder
Others

Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Drug Stores
Online Stores
Others

Breakup by Application:

Memory Enhancement
Attention and Focus
Depression and Mood
Sleep and Recovery
Anti-aging and Longevity
Others

Breakup 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:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Accelerated Intelligence Inc., AlternaScript, Aurobindo Pharma, HVMN Inc., Liquid Health Inc., Natural Factors Nutritional Products Ltd., Onnit Labs Inc., Purelife Bioscience Co. Ltd., Quincy Bioscience LLC, Reckitt Benckiser Group plc. and Teva Pharmaceutical Industries Ltd.

Key Questions Answered in This Report:

How has the global brain health supplements market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global brain health supplements market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the form?
What is the breakup of the market based on the distribution channel?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global brain health supplements market and who are the key players?
What is the degree of competition in the industry?