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Cognition Supplements Market - Growth, Trends, and Forecast (2020 - 2025)

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  • 100 Pages
  • April 2020
  • Region: Global
  • Mordor Intelligence
  • ID: 4896387
UP TO OFF until Mar 31st 2024
The Global Cognition Supplements Market is projected to grow at a CAGR of 7.11% during the forecast period (2019-2024).

Cognitive supplements are balanced blends of herbal extracts and nutrients that are consumed to enhance brain functions such as concentration, memory power, attention, mood, creativity, and motivation in individuals.

Safety concerns pertaining to Alzheimer's disease and Korsakoff syndrome among the young population and the addition of vitamins and minerals as multi ingredients are expected to drive the acceptance of these products in the market.

Key Market Trends

Growing Demand for Dietary Supplements

The rising geriatric population has created ample opportunities for the dietary supplement manufacturers as most old age people cannot meet their Recommended Dietary Allowances (RDA) because of insufficient dietary intake which results in increasing the dietary supplement including cognition supplements. Moreover, the growing importance of health as a lifestyle choice has attracted many companies to enter into the vitamin, mineral, and botanical segments of the market studied. Thus, the intense focus on the preventive healthcare system, coupled with robust endorsements and marketing efforts of lifestyle enhancement products, is driving the dietary supplements market.

North America holds a Significant Market Share in the Market Studied

North America holds a significant market share in the cognition supplements market as the demand in the region is predicted to rise due to an increasing number of product launches having herbal and natural ingredients, thereby contributing to the growth of the market in the region. Asia Pacific is expected to expand at the highest CAGR over the forecast period, on account of rising demand for the herbal products. China is a major country contributing to increasing demand in the Asia-Pacific market.

Competitive Landscape

The global cognition supplements market is moderately consolidated with top global players occupying significant market share. Some of the major key players in the cognition supplements market, globally includes Accelerated Intelligence, HVMN Inc., Quincy Bioscience – The Makers of Prevagen, Liquid Health, Inc., Jarrow Formulas, Inc., among others.

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Table of Contents

1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
3.1 Market Overview
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Force Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5.1 Product Type
5.1.1 Natural Molecules
5.1.2 Herbal Extract
5.1.3 Vitamins & Minerals
5.2 Form
5.2.1 Chewable
5.2.2 Capsules
5.3 Distribution Channel
5.3.1 Supermarket/Hypermarket
5.3.2 Medical Stores
5.3.3 Online Retail Stores
5.3.4 Other Distribution Channels
5.4 Geography
5.4.1 North America United States Canada Mexico Rest of North America
5.4.2 Europe United Kingdom Germany France Russia Italy Spain Rest of Europe
5.4.3 Asia Pacific India China Japan Australia Rest of Asia-Pacific
5.4.4 South America Brazil Argentina Rest of South America
5.4.5 Middle East & Africa South Africa Saudi Arabia Rest of Middle East & Africa
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Accelerated Intelligence
6.3.2 HVMN Inc.
6.3.3 Onnit Labs, Inc.
6.3.4 Liquid Health, Inc.
6.3.5 Quincy Bioscience - The Makers of Prevagen
6.3.6 Natural Factors Inc.
6.3.7 Jarrow Formulas, Inc.
6.3.8 Cerebral Success

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Accelerated Intelligence
  • HVMN Inc.
  • Onnit Labs, Inc.
  • Liquid Health, Inc.
  • Quincy Bioscience - The Makers of Prevagen
  • Natural Factors Inc.
  • Jarrow Formulas, Inc.
  • Cerebral Success