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Brain Health Supplements Market Trends, Industry & Size 2031
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Brain Health Supplements Market Trends, Industry & Size 2031

Segments - Brain Health Supplements Market by Product Types (Vitamins & Minerals, Herbal Extracts, and Natural Molecules), Supplement Forms (Capsules, Tablets, and Others), Applications (Mood & Depression, Memory Enhancement, Longevity & Anti-aging, Attention & Focus, Anxiety, Sleep & Recovery, and Others), Age Groups (Pediatric, Adults, and Geriatric), Distribution Channels (Online and Offline), and Regions (Asia Pacific, North America, Latin America, Europe and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2022 – 2030

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Author : Raksha Sharma
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Fact-checked by : V. Chandola
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Editor : Vishal Golekar

Upcoming | Report ID :HC-4175 | 4.3 Rating | 72 Reviews | 170 Pages | Format : PDF Excel PPT

Report Description


The global brain health supplements market size was valued at around USD 7.65 billion in 2021 and is expected to reach USD 19.73 billion by 2030, expanding at a CAGR of around 9.9% during the forecast period, 2022 – 2030. The growth of the market is attributed to the increasing research & development activities in brain health supplement constituents.

The World Health Organization (WHO) describes brain health as a concept encompassing neural functioning, plasticity, development, and recovery through the life cycle. Good brain health is necessary for an individual to cope with various life situations.

Global Brain Health Supplements Outlook

Several neurological disorders trigger brain dysfunction and negatively affect health of an individual. Different disorders and diseases have different effects on brain functions. For example, Alzheimer’s disease affects cognitive functions of the brain. Mood & depression disorder negatively affects emotional regulation, reward processing, and execution of actions. Aging leads to degradation of brain function and affects brain health.

Brain health supplements are taken to help with brain health and functions. These supplements are mixes of vitamins and minerals or natural extracts, which positively affect functioning ability of the human brain. Various brain health supplements such as omega-3 fatty acids, antioxidant supplements, vitamin B supplements, fish oils, creatine, and others claim to help individuals overcome brain disorders and tackle brain diseases. Such supplements aid consumers tackling problems such as anxiety, depression, aging, and others.

  • Growing prevalence of mental health disorders is expected to drive the market during the forecast period.
  • Increasing number of diseases such as Alzheimer’s, anxiety, and depression in geriatric population boosts the market.
  • Rising awareness of benefits regarding brain health supplements among consumers is anticipated to fuel the growth of the market in the coming years.
  • Growing shift in preferences from pharmaceuticals to natural supplements drives the market.
  • Increasing number of innovative products launches by key market players spurs the market.
  • Misleading or false claims by manufacturers regarding the product efficiency hamper the growth of the market.
  • Lack of regulation on manufacturing of supplements is anticipated to restrain the market during the projected years.
  • Low demand for brain health supplement in developing countries hinders the growth of the market.
  • Increasing number of celebrities endorsing brain health supplements offer growth opportunities to the key market players.

Scope of Brain Health Supplements Market Report

The report on the global brain health supplements market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Brain Health Supplements Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2021

Historic Data

2019–2020

Forecast Period

2022–2030

Segmentation

Product Types (Vitamins & Minerals, Herbal Extracts, and Natural Molecules), Supplement Forms (Capsules, Tablets, and Others), Applications (Mood & Depression, Memory Enhancement, Longevity & Anti-aging, Attention & Focus, Anxiety, Sleep & Recovery, and Others), Age Groups (Pediatric, Adults, and Geriatric), and Distribution Channels (Online and Offline)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

AlternaScript, LLC; Elysium Health, Inc.; Accelerated Intelligence, LLC; Health Via Modern Nutrition, Inc.; Liquid Health, Inc.; Natural Factors Nutritional Products, Ltd.; Purelife Bioscience Co., Ltd.; Onnit Labs, Inc.; KeyView Labs, Inc.; Quincy Bioscience; Cerebral Success; Natrol, LLC; Amway Corporation; Ocean Health Pte. Ltd.; iHerb, LLC; RB Health (US) LLC; and Others

Brain Health Supplements Market Segment Insights

On the basis of product types, the market is divided into vitamins & minerals, herbal extracts, and natural molecules.The herbal extract segment is expected to boost the market, owing to surging demand in herbal products. Herbal extracts supplements are cost effective, boost immunity, readily available, treat chronic conditions, and have lower risks of side effects; which aids in growing shift of preference from other types of supplements to herbal extract supplements among consumers. This is expected to drive the herbal extract segment in the coming years.

Global Brain Health Supplements Types

In terms of supplement forms, the market is segregated into capsules, tablets, and others. The capsules segment is estimates to drive the market during the forecast period, owing to ease of development of capsule formation. The tablet segment is anticipated to expand in the coming years, as they are easy to administer by consumers.

Based on applications, the market is segmented into mood & depression, memory enhancement, longevity & anti-aging, attention & focus, anxiety, sleep & recovery, and others. The anxiety segment is estimated to spur the market during the forecast period, due to increasing prevalence of anxiety disorder across the globe. Increasing stressful lifestyle of adult population is anticipated to expand the sleep & recovery segment in the coming years.

On the basis of age groups, the market is divided into pediatric, adults, and geriatric. The geriatric segment is projected to drive the market during the forecast period, due to increasing prevalence of brain diseases among aged population across the globe. Rising stress and anxiety in adult population due to changing lifestyle is anticipated to fuel the expansion of the adult segment in the coming years.

Global Brain Health Supplements Age Groups

In terms of distribution channels, the market is bifurcated into online and offline. The online segment is projected to hold a key market share during the forecast period, due to increasing number of internet users and growing online retail platforms. Growing number of drug stores where consumers can immediately procure brain health supplements is anticipated to facilitate the expansion of offline segment in the coming years.

Based on regions, the market is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa.The market in North America is expected to register a high CAGR during the forecast period, due to increasing prevalence of brain diseases and disorders, growing awareness of these diseases and disorders, and rising availability of well-established healthcare infrastructure in the region. Increasing population, rising stressful and fast lifestyle, and availability of herbal plants are estimated to aid in the expansion of the market in Asia Pacific in the coming years.

Global Brain Health Supplements Regions

Segments

The global Brain Health Supplements market has been segmented on the basis of

Product Types

  • Vitamins & Minerals
  • Herbal Extracts
  • Natural Molecules

Supplement Forms

  • Capsules
  • Tablets
  • Others

Applications

  • Mood & Depression
  • Memory Enhancement
  • Longevity & Anti-aging
  • Attention & Focus
  • Anxiety
  • Sleep & Recovery
  • Others

Age Groups

  • Pediatric
  • Adults
  • Geriatric

Distribution Channels

  • Online
  • Offline

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • AlternaScript, LLC
  • Elysium Health, Inc.
  • Accelerated Intelligence, LLC
  • Health Via Modern Nutrition, Inc.
  • Liquid Health, Inc.
  • Natural Factors Nutritional Products, Ltd.
  • Purelife Bioscience Co., Ltd.
  • Onnit Labs, Inc.
  • KeyView Labs, Inc.
  • Quincy Bioscience
  • Cerebral Success
  • Natrol, LLC
  • Amway Corporation
  • Ocean Health Pte. Ltd.
  • iHerb, LLC
  • RB Health (US) LLC
  • Others

Competitive Landscape

The global brain health supplements market is highly competitive with the presence of key players such as AlternaScript, LLC; Elysium Health, Inc.; Accelerated Intelligence, LLC; Health Via Modern Nutrition, Inc.; Liquid Health, Inc.; Natural Factors Nutritional Products, Ltd.; Purelife Bioscience Co., Ltd.; Onnit Labs, Inc.; KeyView Labs, Inc.; Quincy Bioscience; Cerebral Success; Natrol, LLC; Amway Corporation; Ocean Health Pte. Ltd.; iHerb, LLC; RB Health (US) LLC; and others, who use strategies such as collaborations, partnerships, mergers, acquisitions, and product launches to strengthen their hold on the market.

For example, in August 2020, Elysium Health, Inc., a US-based dietary supplement firm, launched a brain health supplement, MATTER, which aids in slowing down brain deterioration linked with age-related amnesia.
In January 2022, Health Via Modern Nutrition, Inc. launched a daily ketone supplement, H.V.M.N. Ketone 2.0, which improves metabolic health and performance.

Global Brain Health Supplements Market Key Players

Frequently Asked Questions

The global brain health supplement market is estimated to register CAGR of around 9.9% during the forecast period.

The global brain health supplement market size was valued at around USD 7.65 billion in 2021.

Brain health supplements aid consumers tackling brain disorders and diseases and facilitate functioning of the brain.

Growing prevalence of mental health disorders, increasing geriatric population, and rising awareness of benefits of brain health supplements are the key factors driving the brain health supplement market.

North America dominates the market.

AlternaScript, LLC; Elysium Health, Inc.; Accelerated Intelligence, LLC; Health Via Modern Nutrition, Inc.; Liquid Health, Inc.; Natural Factors Nutritional Products, Ltd.; and Purelife Bioscience Co., Ltd. are some of the key players in the global brain health supplement market.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Brain Health Supplements Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Brain Health Supplements Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Brain Health Supplements Market - Supply Chain
  4.5. Global Brain Health Supplements Market Forecast
     4.5.1. Brain Health Supplements Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Brain Health Supplements Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Brain Health Supplements Market Absolute $ Opportunity
5. Global Brain Health Supplements Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Brain Health Supplements Market Size and Volume Forecast by Applications
     5.3.1. Mood & Depression
     5.3.2. Memory Enhancement
     5.3.3. Longevity & Anti-aging
     5.3.4. Attention & Focus
     5.3.5. Anxiety
     5.3.6. Sleep & Recovery
     5.3.7. Others
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Brain Health Supplements Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Brain Health Supplements Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Brain Health Supplements Demand Share Forecast, 2019-2026
7. North America Brain Health Supplements Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Brain Health Supplements Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Brain Health Supplements Market Size and Volume Forecast by Applications
     7.4.1. Mood & Depression
     7.4.2. Memory Enhancement
     7.4.3. Longevity & Anti-aging
     7.4.4. Attention & Focus
     7.4.5. Anxiety
     7.4.6. Sleep & Recovery
     7.4.7. Others
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Brain Health Supplements Demand Share Forecast, 2019-2026
8. Latin America Brain Health Supplements Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Brain Health Supplements Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Brain Health Supplements Market Size and Volume Forecast by Applications
     8.4.1. Mood & Depression
     8.4.2. Memory Enhancement
     8.4.3. Longevity & Anti-aging
     8.4.4. Attention & Focus
     8.4.5. Anxiety
     8.4.6. Sleep & Recovery
     8.4.7. Others
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Brain Health Supplements Demand Share Forecast, 2019-2026
9. Europe Brain Health Supplements Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Brain Health Supplements Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Brain Health Supplements Market Size and Volume Forecast by Applications
     9.4.1. Mood & Depression
     9.4.2. Memory Enhancement
     9.4.3. Longevity & Anti-aging
     9.4.4. Attention & Focus
     9.4.5. Anxiety
     9.4.6. Sleep & Recovery
     9.4.7. Others
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Brain Health Supplements Demand Share Forecast, 2019-2026
10. Asia Pacific Brain Health Supplements Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Brain Health Supplements Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Brain Health Supplements Market Size and Volume Forecast by Applications
     10.4.1. Mood & Depression
     10.4.2. Memory Enhancement
     10.4.3. Longevity & Anti-aging
     10.4.4. Attention & Focus
     10.4.5. Anxiety
     10.4.6. Sleep & Recovery
     10.4.7. Others
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Brain Health Supplements Demand Share Forecast, 2019-2026
11. Middle East & Africa Brain Health Supplements Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Brain Health Supplements Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Brain Health Supplements Market Size and Volume Forecast by Applications
     11.4.1. Mood & Depression
     11.4.2. Memory Enhancement
     11.4.3. Longevity & Anti-aging
     11.4.4. Attention & Focus
     11.4.5. Anxiety
     11.4.6. Sleep & Recovery
     11.4.7. Others
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Brain Health Supplements Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Brain Health Supplements Market: Market Share Analysis
  12.2. Brain Health Supplements Distributors and Customers
  12.3. Brain Health Supplements Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. AlternaScript, LLC
     12.4.2. Elysium Health, Inc.
     12.4.3. Accelerated Intelligence, LLC
     12.4.4. Health Via Modern Nutrition, Inc.
     12.4.5. Liquid Health, Inc.
     12.4.6. Natural Factors Nutritional Products, Ltd.
     12.4.7. Purelife Bioscience Co., Ltd.
     12.4.8. Onnit Labs, Inc.
     12.4.9. KeyView Labs, Inc.
     12.4.10. Quincy Bioscience

Methodology

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Microsoft
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