24.07.2018 Views

Supplements For Brain Health: What Nutrients and Supplemental Foods Make the Most Difference

The Global Brain Health Supplements Marketgenerated $3,194 million in 2016, and is anticipated to reach $5,813 million by 2023, growing at a CAGR of 8.8% from 2017 to 2023. Brain health supplements are natural compounds or herbal extracts, which improve the memory, creativity, attention, motivation, and alertness in healthy individuals.

The Global Brain Health Supplements Marketgenerated $3,194 million in 2016, and is anticipated to reach $5,813 million by 2023, growing at a CAGR of 8.8% from 2017 to 2023. Brain health supplements are natural compounds or herbal extracts, which improve the memory, creativity, attention, motivation, and alertness in healthy individuals.

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

<strong>Brain</strong> <strong>Health</strong><br />

<strong>Supplements</strong> Market<br />

Opportunity Analysis <strong>and</strong> Industry <strong>For</strong>ecast, 2016-2023<br />

Global Opportunity Analysis <strong>and</strong><br />

Industry <strong>For</strong>ecast,<br />

2017-2023


Introduction<br />

Increase in number of promotional activities carried out by key players has played a<br />

major role in <strong>the</strong> growth of <strong>the</strong> brain health supplements market. In addition, rise in<br />

awareness towards natural supplements <strong>and</strong> rapid growth of <strong>the</strong> e-commerce<br />

industry are anticipated to fuel <strong>the</strong> dem<strong>and</strong> for brain health supplements in <strong>the</strong><br />

coming years.<br />

- Pallavi Jaiswal<br />

Senior Analyst, <strong>Health</strong>care Research at AMR.


<strong>Brain</strong> <strong>Health</strong> <strong>Supplements</strong> Market Overview<br />

The Global <strong>Brain</strong> <strong>Health</strong> <strong>Supplements</strong> Market generated $3,194 million in 2016, <strong>and</strong> is<br />

anticipated to reach $5,813 million by 2023, growing at a CAGR of 8.8% from 2017 to<br />

2023. <strong>Brain</strong> health supplements are natural compounds or herbal extracts, which<br />

improve <strong>the</strong> memory, creativity, attention, motivation, <strong>and</strong> alertness in healthy<br />

individuals.<br />

Increase in number of promotional activities carried out by key players, rise in<br />

willingness among <strong>the</strong> general population to enhance brain functions, surge in<br />

number of self-directed consumers, <strong>and</strong> increase in awareness among <strong>the</strong> students<br />

about brain health supplements drive <strong>the</strong> growth of <strong>the</strong> global brain health<br />

supplements market. However, low dem<strong>and</strong> from <strong>the</strong> underdeveloped countries in<br />

Asia <strong>and</strong> Africa is expected to impede <strong>the</strong> market growth. On <strong>the</strong> contrary, huge<br />

market potential in <strong>the</strong> developing regions is expected to offer lucrative opportunities<br />

for market expansion during <strong>the</strong> forecast period.


<strong>Brain</strong> <strong>Health</strong> <strong>Supplements</strong> Market Segmentation<br />

The global brain health supplements market is segmented on <strong>the</strong> basis of product,<br />

application, supplement form, sales channel, age group, <strong>and</strong> region. Based on<br />

product, <strong>the</strong> market is classified into herbal extracts (ginseng, ginkgo biloba,<br />

curcumin, lions mane, bacopa monnieri, <strong>and</strong> o<strong>the</strong>rs), vitamins & minerals (vitamin<br />

B, vitamin C & E, <strong>and</strong> o<strong>the</strong>rs) <strong>and</strong> natural molecules (acetyl-L-carnitine, alpha GPC,<br />

citicoline, docosahexaenoic acid (DHA), huperzine A, <strong>and</strong> o<strong>the</strong>rs). The applications<br />

covered in <strong>the</strong> study include memory enhancement, mood & depression, attention<br />

& focus, longevity & anti-aging, sleep & recovery, <strong>and</strong> anxiety. By major supplement<br />

form, <strong>the</strong> market is categorized as tablets, capsules, <strong>and</strong> o<strong>the</strong>rs. According to age<br />

group, it is divided into children, adults, <strong>and</strong> elderly. Depending on sales, it is<br />

fragmented into supermarkets & hypermarkets, drug stores, online stores, <strong>and</strong><br />

o<strong>the</strong>rs. Region wise, it is analyzed across North America (U.S., Canada, <strong>and</strong> Mexico),<br />

Europe (Germany, France, UK, Italy, Spain, <strong>and</strong> rest of Europe), Asia-Pacific (China,<br />

Japan, Australia, India, South Korea, <strong>and</strong> rest of Asia-Pacific), <strong>and</strong> LAMEA (Brazil,<br />

South Africa, Saudi Arabia, <strong>and</strong> rest of LAMEA).


Key Findings<br />

Key Findings of The <strong>Brain</strong> <strong>Health</strong> <strong>Supplements</strong> Market:<br />

1. The herbal extract segment is expected to grow with a CAGR of 9.8% from 2017<br />

to 2023.<br />

2. In 2016, <strong>the</strong> supermarkets & hypermarkets segment held one-third share of <strong>the</strong><br />

global market, <strong>and</strong> is expected to maintain its dominance throughout <strong>the</strong> forecast<br />

period.<br />

3. The attention & focus segment is expected to grow at <strong>the</strong> highest rate in <strong>the</strong> near<br />

future.<br />

4. Asia-Pacific is expected to register <strong>the</strong> highest CAGR of 10.1% during <strong>the</strong> forecast<br />

period.


Snapshot of Asia-pacific <strong>Brain</strong> <strong>Health</strong><br />

<strong>Supplements</strong> Market<br />

Currently, <strong>the</strong> brain health supplements market has witnessed moderate<br />

growth in Asia-Pacific. However, <strong>the</strong> region is expected to witness high dem<strong>and</strong><br />

during <strong>the</strong> forecast period, owing to increase in consumer awareness about<br />

brain health supplements, ease of obtaining products due to <strong>the</strong> development<br />

of <strong>the</strong> e-commerce industry, <strong>and</strong> increase in presence of key players in <strong>the</strong><br />

developing countries such as China <strong>and</strong> India.<br />

The key players profiled in this report include Accelerated Intelligence Inc.,<br />

AlternaScript, LLC, HVMN Inc., Liquid <strong>Health</strong>, Inc., Aurobindo Pharma Limited,<br />

Natural Factors Nutritional Products Ltd., Onnit Labs, LLC, KeyView Labs, Inc.,<br />

Purelife Bioscience Co., Ltd., <strong>and</strong> Quincy Bioscience.


Key Benefits<br />

Key Benefits for Stakeholders<br />

1. The study provides an in-depth analysis of <strong>the</strong> market along with current trends<br />

<strong>and</strong> future estimations to elucidate <strong>the</strong> imminent investment pockets.<br />

2. It offers a quantitative analysis from 2016 to 2023, which is expected to enable<br />

<strong>the</strong> stakeholders to capitalize on prevailing market opportunities.<br />

3. Comprehensive analysis of all geographical regions is provided to determine<br />

<strong>the</strong> prevailing opportunities.<br />

4. Key players are profiled, <strong>and</strong> <strong>the</strong>ir strategies are analyzed thoroughly to<br />

underst<strong>and</strong> <strong>the</strong> competitive outlook of <strong>the</strong> global market.<br />

Request sample PDF at: https://www.alliedmarketresearch.com/requestsample/4581


North America accounted for two-fifths share of <strong>the</strong> global market in 2016, <strong>and</strong><br />

is expected to remain dominant throughout <strong>the</strong> forecast period. This is<br />

attributed to high number of self-directed consumers, easy availability of<br />

products, increased awareness among <strong>the</strong> general population, <strong>and</strong> presence of<br />

highly sophisticated healthcare infrastructure in <strong>the</strong> region. On <strong>the</strong> o<strong>the</strong>r h<strong>and</strong>,<br />

Asia-Pacific is expected to show <strong>the</strong> highest growth during <strong>the</strong> forecast period,<br />

due to rapid growth of e-commerce <strong>and</strong> rise in awareness for brain health<br />

supplements among <strong>the</strong> general population.<br />

Access full report summary: https://www.alliedmarketresearch.com/brainhealth-supplements-market


<strong>Brain</strong> <strong>Health</strong> <strong>Supplements</strong> Market by<br />

Geography


<strong>Brain</strong> <strong>Health</strong> <strong>Supplements</strong> Market by<br />

Geography<br />

Thank You!<br />

<strong>For</strong> More Details<br />

Visit us at<br />

https://www.alliedmarketresearch.com/brain-healthsupplements-market<br />

Follow Us On

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!