+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Brain Health Supplements Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 To 2029

  • ID: 5411792
  • Report
  • July 2021
  • Region: Global
  • 110 Pages
  • Acute Market Reports

FEATURED COMPANIES

  • AlternaScript LLC
  • HVMN Inc.
  • Liquid Health Inc.
  • Peak Nootropics
  • Quincy Bioscience LLC.

Brain health supplements are used to bolster brain function by to enhancing memory, attention, mood, creativity, motivation in healthy individuals. The brain health supplement market is predicted to surge with rise in aging population and to combat neurological disorders. The Brain Health Supplements Market is Expected to Grow at a CAGR of 10% from 2021 - 2029.

Brain health supplements are used to enhance memory, attention, mood, creativity, motivation in healthy individuals. Increasing awareness among college students, scientists, entrepreneurs, and investment bankers are opting for memory enhancers to sharpen their minds to gain an edge on the competition. Brain health supplements are not newer, they have been used since 70s. It is anticipated that, brain health supplements industry would show significant market growth during the forecast period. The key factors assisting the market growth of brain health supplements are a strong desire to enhance brain function among the adult population, an increase in population, an increasing number of self-directed consumers, and high penetration of promotional activities carried out by key players.

Alpha GPC occupies the largest market share

There are several ingredients are used throughout the world to enhance brain function such as Acetyl-L-Carnitine, Ginkgo, Ginseng, Alpha GPC, BacopaMonnieri, DHA and Tryptopha. It is observed that Alpha GPC containing brain health supplements occupies largest market share. It is followed by Acetyl -L-Carnitine precursor for acetylcholine) and DHA (omega-3 form). It is anticipated that BacopaMonnieri containing brain health supplements will be the fastest growing market among them all with CAGR of 21.4% for forecasted period 2021- 2029.

Memory Enhancement segment is anticipated to maintain its lead during the forecast period

For the purpose of this study, the key applications of brain health supplements are memory enhancement, mood and depression, attention and focus, longevity and anti-aging, sleep recovery and dream enhancement, and anxiety. In base year 2020, the memory enhancement segment was observed to be the largest segment and is anticipated to maintain its lead during the forecast period of 2021 - 2029. The key factors assisting the growth of memory enhancement segment include growing awareness regarding the benefits majorly in the college students, scientists, entrepreneurs and investment bankers are opting for memory enhancers to sharpen their minds to gain an edge on the competition.

Online stores held the largest market in the brain health supplements market globally

The online stores held the largest market in the global brain health supplements market due to the availability of a wide variety of products as compared to supermarkets/hypermarkets and drug stores. The variety in price points, private labels, product launches, broad product ranges, and discounts offered have increased the popularity of online stores. Moreover, the frequency of online searches has grown significantly in the past two years, creating greater business opportunities for the market. With the growth in the number of supermarkets and hypermarkets in developing countries, the nutritional product manufacturers are targeting supermarkets and hypermarkets to reach the masses would help the supermarket/hypermarket segment grow at a steady rate during the forecast period.

Asia Pacific is expected to project the highest growth

North America is the largest regional market for brain health supplements accounting for more than 54.8% of the market share in 2020. Strong desire to enhance brain function among the adult population, a higher number of baby boomer population and easy availability of quality products driving market growth in North America. However, Europe is expected to be the second-largest regional market for brain health supplements, growth is mainly driven by the old and young population. Asia Pacific is expected to project the highest growth throughout the forecast period owing to the populous countries, rising foreign investment in collaboration with the local players, economic development and increasing consumer awareness in the upper-middle-income segment would drive.

Key Players

  • Teva Pharmaceutical Industries Ltd.
  • Purelife Bioscience Co., Ltd.
  • Quincy Bioscience, LLC.
  • Natural Factors Nutritional Products Ltd.
  • Liquid Health, Inc.
  • HVMN Inc.
  • Peak Nootropics
  • AlternaScript LLC

The key strategies of these companies include research and innovation, through effective collaboration with different stake holders to leverage competitive benefits. 

Key questions answered in this report

  • What are the key market segments in the current scenario and in the future by product categories?
  • What are the key market segments in the current scenario and in the future by regions?
  • What is the key impact of Covid-19 over market revenues and market determinants in the Brain Health Supplements market?
  • What are the primary and secondary macro and micro factors influencing the market growth currently and during the forecast period?
  • What are the primary and secondary macro and micro factors deterring the market growth currently and during the forecast period?
  • How to overcome the current market challenges and leverage the opportunities in each of the market segments?
  • Who are the key players in the Brain Health Supplements market and what are their key product categories and strategies?
  • What are the key strategies – mergers/acquisitions/R&D/strategic partnerships etc that companies are deploying to enhance market revenues and growth?
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AlternaScript LLC
  • HVMN Inc.
  • Liquid Health Inc.
  • Peak Nootropics
  • Quincy Bioscience LLC.

Chapter 1 Preface 
1.1 Report Description 
1.1.1 Purpose of the Report 
1.1.2 Target Audience 
1.1.3 USP and Key Offerings 
1.2 Research Scope 
1.3 Research Methodology 
1.3.1 Phase I - Secondary Research 
1.3.2 Phase II - Primary Research 
1.3.3 Phase III - Expert Panel Review 
1.3.4 Assumptions 

Chapter 2 Executive Summary 
2.1 Global Brain Health Supplements Market Portraiture 
2.2 Global Brain Health Supplements Market, by Ingredient Type, 2020 (US$ Mn) 
2.3 Global Brain Health Supplements Market, by Application, 2020 (US$ Mn) 
2.4 Global Brain Health Supplements Market, by Sales Channel, 2020 (US$ Mn) 
2.5 Global Brain Heath Supplements Market Share, by Geography, 2020 (Value %) 

Chapter 3 Global Brain Health Supplements Market Analysis 
3.1 Global Brain Health Supplements Market Overview 
3.2 Market Dynamics 
3.2.1 Market Drivers 
3.2.1.1 Booming Supplements Industry 
3.2.1.2 Sales Channel Proliferation 
3.2.2 Challenges 
3.2.2.1 Stringent Regulatory Environment 
3.2.3 Opportunities 
3.2.3.1 Growth of E-commerce 
3.3 Attractive Investment Proposition 
3.4 Competitive Landscape of Key Players in Brain Health Supplements Market 

Chapter 4 Brain Health Supplements Market, by Type 
4.1 Overview 
4.2 Acetyl-L-Carnitine 
4.3 Ginkgo 
4.4 Ginseng 
4.5 Alpha GPC 
4.6 Bacopa Monnieri 
4.7 Docosahexaenoic Acid 
4.8 Tryptophan 
4.9 Others 

Chapter 5 Global Brain Health Supplements Market Analysis, by Applications 
5.1 Overview 
5.2 Memory Enhancement 
5.3 Mood and Depression 
5.4 Attention and Focus 
5.5 Longevity and Anti-aging 
5.6 Sleep, Recovery and Dream Enhancement 
5.7 Anxiety 

Chapter 6 Brain Health Supplements Market Analysis, by Sales Channel 
6.1 Introduction 
6.2 Supermarkets and Hypermarkets 
6.3 Drug Stores 
6.4 Online Stores 

Chapter 7 Global Brain Health Supplements Market, by Geography 
7.1 Preface 
7.2 North America (U.S & Canada) 
7.3 Europe (Germany, U.K & Rest of Europe) 
7.4 Asia Pacific (China, Japan and Rest of APAC)
7.5 Latin America
7.6 Middle East and Africa 

Chapter 8 Company Profiles
8.1 Teva Pharmaceutical Industries Ltd.
8.2 Purelife Bioscience Co., Ltd.
8.3 Quincy Bioscience, LLC.
8.4 Natural Factors Nutritional Products Ltd.
8.5 Liquid Health, Inc.
8.6 HVMN Inc.
8.7 Peak Nootropics
8.8 AlternaScript LLC
8.9 Nootrico
8.10 SupNootropic Biological Technology Co Ltd
8.11 Accelerated Intelligence, Inc
8.12 Onnit Labs LLC
8.13 Powder City LLC
8.14 Ceretropic
8.15 Nootropic Source
8.16 Clarity Nootropics
8.17 Liftmode
8.18 Natural Factors Inc
8.19 OptiMind
8.20 Aurobindo Pharma Limited (Natroll, LLC)
8.21 KeyView Labs, Inc.
8.22 Reckitt Benckiser Group plc.

Note: Product cover images may vary from those shown
  • Teva Pharmaceutical Industries Ltd.
  • Purelife Bioscience Co. Ltd.
  • Quincy Bioscience LLC.
  • Natural Factors Nutritional Products Ltd.
  • Liquid Health Inc.
  • HVMN Inc.
  • Peak Nootropics
  • AlternaScript LLC
Note: Product cover images may vary from those shown
Adroll
adroll