The applications of brain health supplements are memory enhancement, mood and depression, attention and focus, longevity and anti-aging, insomnia and dream enhancement and anxiety.īy supplement form, the market caters to tablets/capsules, liquid, powder and chewable. The market for brain health supplements is segmented on the basis of ingredient type, application type, supplement form, distribution channel, and end-user.īy ingredient type, the market is segmented into Acetyl-L-Carnitine, Ginkgo, Ginseng, Alpha GPC, Bacopa Monnieri, DHA, Tryptophan, and others. Additionally, increasing internet penetration in developing countries will open avenues for the market players, elevating the demand for the brain health supplements on a global level. Nonetheless, massive market potential in the developing regions are set to provide lucrative opportunities for market development during the forecast period.Īpart from these factors, rising influence of e-commerce and easy availability of brain health supplements at less price are going to be highly instrumental in the growth of the brain health supplements market. Growing number of promotional activities by key players, increasing willingness to enhance brain functions among the general population, elevating a number of self-directed consumers, and growing awareness among the students about brain health supplements are striving to create several growth opportunities for the global brain health supplements market.īut with the low demand from the underdeveloped countries located in Asia and Africa, the market growth could slow down to some extent in the coming years.

The brain health supplements refer to the natural compounds or herbal extracts that help improve the memory, attention, creativity, alertness, and motivation, in healthy individuals. It is slated to surge at a CAGR of 7.4% over the forecast period (2016-2024).

Pune, India, 30 January 2019: Market SynopsisĪs per the report found on Wise Guy Reports (WGR), the global brain health supplements market was calculated at the value of USD 1.8 Billion in 2016 and is all set to reach the valuation of USD 3.2 Billion by the end of 2024.

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