Brain Health Supplements Market
Overview:
Brain health supplements can help improve focus, clarity and alertness. They can also provide essential nutrients like Omega-3 fatty acids and vitamin B12. The best brain supplements will have high-quality ingredients. The functions of brain health supplements include improving memory, increasing mental focus, and helping boost alertness. Many of these supplements contain natural ingredients that have been clinically studied and proven to enhance cognitive ability. They also come in easy-to-swallow capsules designed to be absorbed by the body, making them effective and convenient. Another common ingredient in these supplements is Bacopa monnieri, an ancient herb that can increase the speed at which information is processed and the ability to recall memories. It contains compounds that protect against oxidative stress and improve memory signaling in the hippocampus.
Market Dynamics:
Rising product launches are estimated to augment growth of the global Brain Health Supplements Market during the forecast period. For instance,‘Neuro Booster’ was launched by Motiva Supplements in 2021. This is the first ever clinically proven product for aiding brain health in Alzheimer’s patients. Moreover, rising issues associated with brain health supplements are anticipated to restrain growth of the global brain health supplements marketduring the forecast period.
Impact of COVID-19:
COVID-19 had a positive impact on the growth of brain health supplements. As consumers were prioritizing their mental well-being during the pandemic. As social distancing rules were impose din many countries, people were forced to stay at home. This led to large number of people facing challenges with mental and emotional health. However, disruptions in supply chains and shortage of raw materials during the pandemic caused difficulty in product availability. As several countries had imposed ban on import and export activities. Thus, the pandemic had a mixed impact on the growth of the global brain health supplements market
Key Takeaways:
The global brain health supplements marketis expected to witness robust growth, exhibiting CAGR of 8.5% over the forecast period, due to increasing collaborations among key players.For instance, EmbodyBio and Onegevity announced their new collaboration in April 2021, for creating next-generation capabilities in order to advance brain health.
North America is anticipated to witness robust growth in the global brain health supplements market during the forecast period, due to growing prevalence of brain diseases and rising presence of well-established healthcare infrastructure
Key players active in the global brain health supplements market are Rabar Pty Ltd, DSM, BTSA Biotechnologias Aplicadas S.L., BASF SE, Adisseo, Lonza Group, SternVitamin GmbH & Co. KG, Glanbia Plc, Farbest Brands, and ADM.