by on November 22, 2023
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IMARC Group's report titled “Brain Health Supplements Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“. offers a comprehensive analysis of the industry, which comprises insights on the global brain health supplements market share. The global market size reached US$ 5.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.6 Billion by 2028, exhibiting a growth rate (CAGR) of 9% during 2023-2028.

Brain health supplements are dietary products that support and enhance cognitive function, memory, focus, and overall well-being. They contain a blend of antioxidants, vitamins, minerals, herbs, and other bioactive compounds believed to nourish the brain and promote optimal functioning. Some commonly known ingredients include antioxidants, omega-3 fatty acids, vitamins C and E, B vitamins, ginkgo biloba, and numerous herbal extracts. They improve blood flow to the brain, reduce oxidative stress, and sustain the production of neurotransmitters. As a result, brain health supplements are gaining immense traction among individuals across the globe.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/brain-health-supplements-market/requestsample

Brain Health Supplements Market Trends and Drivers:

The brain health supplements market is primarily driven by the growing population. As life expectancy continues to rise, individuals seek ways to maintain cognitive vitality and fend off age-related cognitive decline. This shift escalates the demand for brain health supplements, with consumers seeking options to support memory, focus, and cognitive function. Moreover, scientific advancements and neuroscience research shed light on the intricate relationship between nutrition and cognitive function, representing another major growth-inducing factor. Along with this, the development of innovative formulations that combine vitamins, minerals, and natural compounds believed to nourish the brain is augmenting the market growth. Besides this, the growing social awareness and destigmatization of mental health issues are accelerating the product adoption rate. Also, individuals are seeking ways to support their mental resilience and promote the idea of self-care and personal empowerment with the adoption of brain health supplements. Furthermore, the rising remote work culture is escalating the demands for sustained mental acuity by professionals, students, and individuals seeking solutions to improve productivity, maintain concentration, and combat mental fatigue, thus creating a positive market outlook.

Report Segmentation:

The report has segmented the market into the following categories:

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

Market 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 with Key Player:

  • 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.
  • Teva Pharmaceutical Industries Ltd.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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