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Report updated on 11th September, 2021: Global Brain Health Supplements Market 2021 (Includes Business Impact of COVID-19)Global Brain Health Supplements Market Trends, Insights, Applications, Industry Growth, and Market Forecast to 2028 is an addition to Trusted Business Insights reports. The global Brain Health Supplements Market has been categorized on the basis of type, application, supplement form, end user, and region/ country. Request Covid - 19 Impact The global Brain Health Supplements market size was valued at USD$6,241.20 million in 2020 and is projected to reach $13960.40 million by 2030, and is anticipated to expand at a CAGR of 8.43% over the forecast period from 2020 to 2030.
Brain Health Supplements: Product OverviewBrain health supplements is helpful medicine to improve human memory, develop positive attitude and change thought process, make human being enthusiastic, reduce stress, prevent anxiety, dementia, depression; and improve functioning of the brain such as concentration by using herbal extracts nutrition supplements. There are various natural brain herbal supplements available in the market such as gotu kola, rosemary, vacha, ashwaghanda, bacopa, rhodiola, huperzine-a, ginkgo biloba, tulsi, brahmi, etc. that can be helpful for increasing intellectual focus of nervous system. Brain Health Supplements Market: Growth Supporting & Restraining Factors Increasing number of patients with nervous disorders, especially in geriatric population, is a major factor expected to drive growth of the global brain health supplements market. In addition, growing use of natural nootropic herbal medicines such as Vacha -an ayurvedic medicine beneficial for improving memory, thought process, brainpower, and other mental capabilities. This is a major factor expected to drive growth of the global brain health supplements market. Moreover, docosahexaenoic acid found in Omega-3 fatty acids-based supplements is proved to be healthy for brain cells and helps protect the neurological functions, which is a factor driving growth of the global brain health supplements market. Furthermore, increasing awareness regarding benefits of healthy brain supplements, and need for brain supplements for individuals with intellectual activities such as studies or work and for aging population, individuals in defense sector, and physical activities wherein highest concentration is a must are factors anticipated to augment market growth. Rising number of initiatives and activities conducted by various healthcare centers to offer understanding about brain supplements and to clear the misunderstandings and to provide brain health supplements to different age groups is anticipated to fuel market growth. Brain Health Supplements Market: Segment Analysis By Type: Among the segments based on type, the natural molecules segment is anticipated to account for substantial revenue share in the global market in terms of value, due to increasing consumption of herb-extracted products as it safe and effective. By Application: Among the major six applications, the memory enhancement segment is expected to contribute significant share in terms of value in the target market, due naturally derived brain health supplements protect from memory loss issues and nervousness. By Sales Channel: Among the sales channel segments, the drug stores segment is anticipated to account for considerable revenue share in the target market, due to dependency on drug stores for appropriate suggestions about best options among available supplements. The online stores segment is anticipated to grow at the highest CAGR, attributable to increasing preference for online purchasing, ever-inclining adoption of Internet, busy schedules, etc.
Regional Analysis:Brain Health Supplements MarketThe North America market is expected to account for significant share in terms of revenue in the target market, due to rising health consciousness, increasing awareness towards brain health supplements among people, easy availability of products via the Internet, and strong presence of large number of companies in the countries such as the US and Canada and other locations. In February 2019 for instance, US-based research company Jone Scientific launched a defence compound -Sophrosyne -using natural and brain boosting ingredients which can be helpful in improving brain functionality, specifically cognition and memory. The Asia Pacific market is expected to grow at a considerable CAGR, attributed to rapidly spreading knowledge about brain health, and necessity and availability of supplements, and prevalence of neurological disorders, coupled with increasing adoption of brain supplements by elderly population for maintaining healthy brain functionality, and easy availability of O-T-C drugs.
Below are the active patents related to Brain Health Supplements Market.Patent Number: US8883814B2 Compositions and methods for enhancing brain function Abstract Compositions and methods are provided that enhance cognition in a human to which the composition is orally administered. Remarkably, clinical studies have proven that contemplated compositions achieve the desired effects using a minimal number of active ingredients at or near threshold active dosages, wherein such compositions almost exclusively comprise huperzine A, vinpocetine or rhodiola, and acetyl-L-carnitine, and optionally further include alpha lipoic acid, rhodiola, and biotin. Application File Date: 2011-11-30 Application Granted Date: 2014-11-11 Current Assignee: KEYVIEW LABS Inc Patent Number: AU2019200802B2 Synergistic dietary supplement compositions for enhancing physical performance Abstract GNA 114 WO 33 ABSTRACT: The present invention discloses novel synergistic dietary supplement compositions comprising at least two ingredients selected from the extracts and fractions derived from Sphaeranthus indicus, Coleus aromaticus, Cissus quadrangularis, Curcuma longa, Garcinia mangostana, Citrullus lanatus, Ocimum sanctum, Trachyspermum ammi and Cinnamomum tamala as natural energy enhancer for enhancing physical performance, muscle strength, muscle mass, mental alertness and energy levels in a mammal Application File Date: 2019-02-06 Application Granted Date: 2021-03-11 Current Assignee: Laila Nutraceuticals Patent Number: US20050244510A1 Compositions for improving mental performance Abstract The present invention provides formulas for producing compositions for the structural/functional nutritional support for those who struggle with poor focus, concentration and/or memory. In addition, the present invention provides compositions comprising nutritional/botanical factors helpful to those who subjectively experience transient mental fatigue or poor cognitive function. The compositions of this invention consist primarily of the following ingredients B-complex vitamins, antioxidants, minerals, phosphatidyl serine (PS), choline, dimenthyl-aminoethanol (DMAE), docosahexaenoic acid (DHA), L-pyroglutamic acid, as well as herbal extracts from Bacopa monniera, Vinca minor, and Huperzia serrata. The present invention also relates to the administration of these compounds to alleviate mental fatigue or poor cognitive function. Application File Date: 2004-12-07 Application Granted Date: 2012-12-11 Current Assignee: SYNERGY STRIPS CORP
Global Brain Health Supplements Market Segmentation:Segmentation by Type:
Table of Contents Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumptions 1.3. List of Data SourcesChapter 2. Executive SummaryChapter 3. Global Brain Health Supplements Market Outlook 3.1. Market Segmentation 3.2. Market Size and Growth Prospects, 2016 - 2027 3.3. Value Chain Analysis 3.4. Market Dynamics 3.4.1. Market driver analysis 3.4.2. Market restraint analysis | read more...