Brain Health Supplements Market Growth, Size, Share, Trends, Key Players Analysis, and Forecast till 2031

Brain Health Supplements Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product (Natural Molecules, Herbal Extracts, and Vitamins & Minerals), Application (Memory Enhancement, Attention & Focus, Depression & Mood, Sleep & Recovery, Antiaging & Longevity, and Others), Dosage Form (Capsules, Tablets, and Others), Category (Adults, Children, and Elderly), Distribution Channel (Supermarket & Hypermarket, Pharmacy & Drug Store, Online Retail, and Others), and Geography

  • Report Code : TIPRE00007430
  • Category : Food and Beverages
  • No. of Pages : 150
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Brain Health Supplements Market Forecast, Trends, Scope by 2031

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The brain health supplements market size is projected to reach US$ 20.01 billion by 2031 from US$ 8.24 billion in 2023. The market is expected to register a CAGR of 11.7% during 2023–2031. Consumers rising preference for a gummy form of supplements is likely to remain a key trend in the market.

Brain Health Supplements Market Analysis

The brain health supplement market growth is attributed to growing public awareness of mental health conditions like depression, anxiety, and attention deficit disorders. Furthermore, it is projected that the growing popularity of natural and herbal health products will support the industry's expansion during the projection period. Increased R&D activity in this sector is anticipated due to the growing desire for multi-efficacy medications that can reduce anxiety, improve brain function, raise energy, and act as antidepressants. Furthermore, it is anticipated that the sports industry's growing desire for athletes to increase their brain efficacy would create growth prospects for the worldwide market.

Brain Health Supplements Market Overview

Brain health supplements strengthen brain function by improving memory concentration, imagination, mood, and inspiration in human individuals. Brain supplements and herbal extracts positively affect brain retention capacity and sharpen memory. Supplements are in the form of pills, capsules, soft gels, liquid or powdered form. The report analyses the basis of product, application, dosage form, distribution channel, age category, and geography. The growth of the global brain health supplements market is driven by the growing prevalence of major depressive disorder (MDD) and Increasing demand for brain supplements with a growing elderly population. However, the lack of regulations and false claims about brain health supplements hamper the market's growth.

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Brain Health Supplements Market: Strategic Insights

Brain Health Supplements Market

  • CAGR (2023 - 2031)
    11.7%
  • Market Size 2023
    US$ 8.24 Billion
  • Market Size 2031
    US$ 20.01 Billion

Market Dynamics

GROWTH DRIVERS
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FUTURE TRENDS
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OPPORTUNITIES
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Key Players

  • Danone SA
  • Health Via Modern Nutrition Inc.
  • LIQUID HEALTH, INC.
  • Natural Factors
  • Unilever PLC
  • Peak Nootropics
  • Purelife Bioscience Co., Ltd.
  • Quincy Bioscience
  • Procera Health

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Product
  • Natural Molecules
  • Herbal Extracts
  • Vitamins & Minerals
Application
  • Memory Enhancement
  • Attention & Focus
  • Depression & Mood
  • Sleep & Recovery
  • Antiaging & Longevity
Dosage Form
  • Capsules
  • Tablets
Category
  • Adults
  • Children
  • Elderly
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Brain Health Supplements Market Drivers and Opportunities

Growing Prevalence of Major Depressive Disorders to Favor Market

Depression is a mental disorder, different from normal mood fluctuations and temporary emotional responses. It requires proper treatment, like medications, psychological treatments, and general measures like relaxation techniques. Different treatment options are often combined. If depression is recurrent with moderate or severe intensity, it may become a severe health issue. According to estimates by the WHO, 5% of adults (~280 million) suffer from depression globally. Cases of chronic depression are increasing in Europe. According to Eurostat, in 2019, 7.2% of European Union (EU) citizens had chronic depression. The prevalence of depression is higher in Asia-pacific compared to the rest of the world. According to the National Centre for Biotechnology Information (NCBI), there is growing evidence about the role of nutrients in mental health. The adequate consumption of nutrients contributes to better overall health and mental health. Hence, the optimum supply of nutrients as adjunctive therapy to antidepressant treatment is essential for adequate brain functioning. Thus, the growing prevalence of major depressive disorders is driving the growth of the brain health supplements market.

Rising demand for Brain Health Supplements from Asia Pacific

This growth is attributed to the growing mental illness, increasing geriatric population, and product launches by key players. For instance, DHC Ginkgo Biloba Brain Alpha Functional Indication Food is produced by DHC Japan. This supplement improves blood flow to the brain, maintains memory, and improves judgment accuracy. During the forecast period, China holds the largest share of the Asia-Pacific brain health supplement market. Depression is the most prevalent health burden among the Chinese population. According to the World Health Organization, ~54 million people in China suffer from depression, and 41 million suffer from anxiety disorders. According to research published in a Medicine Journal in 2022, the awareness rate of mental health knowledge was 66% among Chinese adolescents. As per Healthy China 2019–2030 targets, by 2030, ~80% of people are expected to access treatment for depression.

Brain Health Supplements Market Report Segmentation Analysis

Key segments that contributed to the derivation of the brain health supplements market analysis are product, application, dosage form, category, and, distribution channel.

  • Based on product, the brain health supplements market is divided into natural molecules, herbal extracts, and vitamins & minerals. Vitamins and minerals is the prominent segment under the product segment.
  • By application, the market is segmented into memory enhancement, attention & focus, depression & mood, sleep & recovery, antiaging & longevity, and others. The depression & mood segment held the largest share of the market in 2023.
  • In terms of dosage form, the market is segmented into tablets, capsules, and others. The capsules segment held a significant share of the market in 2023.
  • Based on Category the market is categorized into adult, children, and elderly. The adults segment is expected to growth at fastest CAGR in the forecast period.
  • By Distribution channel, the brain health supplements market is divided into supermarket & hypermarket, pharmacy & drug store, online retail, and others.

Brain Health Supplements Market Share Analysis by Geography

The geographic scope of the brain health supplements market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.

North America has dominated the market The US holds the largest share of the brain health supplement market in North America. According to the US Government Publishing Office, Washington, 2021, the US military spends ~100 million yearly on brain-enhancing drugs. These drugs are used under specific conditions to improve cognitive test scores and improve sleep for up to 90 hours. Because of continuous operations in training or deployment environments, service members are often challenged to achieve restorative sleep in these stressful environments. The key players in the brain health supplement market are taking initiatives to meet the growing demand for brain health supplements. For example, Health Via Modern Nutrition Inc. developed the Ketone-IQ nutritional brain supplement alongside the US military and top universities. These factors propel the barin health supplemets market in the region. Asia Pacific is anticipated to grow with the highest CAGR in the coming years.

Brain Health Supplements Market Report Scope

Report Attribute Details
Market size in 2023 US$ 8.24 Billion
Market Size by 2031 US$ 20.01 Billion
Global CAGR (2023 - 2031) 11.7%
Historical Data 2021-2022
Forecast period 2023-2031
Segments Covered By Product
  • Natural Molecules
  • Herbal Extracts
  • Vitamins & Minerals
By Application
  • Memory Enhancement
  • Attention & Focus
  • Depression & Mood
  • Sleep & Recovery
  • Antiaging & Longevity
By Dosage Form
  • Capsules
  • Tablets
By Category
  • Adults
  • Children
  • Elderly
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Danone SA
  • Health Via Modern Nutrition Inc.
  • LIQUID HEALTH, INC.
  • Natural Factors
  • Unilever PLC
  • Peak Nootropics
  • Purelife Bioscience Co., Ltd.
  • Quincy Bioscience
  • Procera Health
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

    Brain Health Supplements Market News and Recent Developments

    The brain health supplements market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the brain health supplements market are listed below:

    • In January 2022, HVMN Inc. launched HVMN Ketone 2.0 (Ketone-IQ). It is designed to deliver clean energy to power the brain and body. (Source: HVMN Inc, Press Release, January 2022)
    • In October 2021, Danone India launched AptaGrow, a health drink for children aged 3-6 years, which is scientifically designed with 37 nutrients that includes a unique blend of prebiotics & DHA for children's physical and cognitive development. (Source: Danon, Company Website, May 2024)

    Brain Health Supplements Market Report Coverage and Deliverables

    The “Brain Health Supplements Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

    • Brain health supplements market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Brain health supplements market trends as well as market dynamics such as drivers, restraints, and key opportunities
    • Detailed PEST/Porter’s Five Forces and SWOT analysis
    • brain health supplements market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the brain health supplements market
    • Detailed company profiles
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    Product, Application, Dosage Form, Distribution Channel, and Age Category

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States

    Frequently Asked Questions


    Which region dominated the brain health supplements market in 2023?

    North America dominated the global brain health supplements market in 2023.

    What are the driving factors impacting the brain health supplements market?

    Growing Prevalence of Major Depressive Disorders and strategic development initiatives by key market players are the major factors impacting the brain health supplements growth.

    What are the future trends of the brain health supplements market?

    Rising preference for herbal supplements is likely to create key trend in the brain health supplements market.

    Which are the leading players operating in the brain health supplements market?

    Danone SA, Health Via Modern Nutrition Inc., LIQUID HEALTH, INC., Natural Factors, Unilever PLC, Peak Nootropics, Purelife Bioscience Co., Ltd., Quincy Bioscience, Procera Health, Harbin Pharmaceutical Group Co., Ltd. are the leading players operating in brain health supplements market.

    What would be the estimated value of the brain health supplements market by 2031?

    The brain health supplement market is estimated to value 20.01 billion in 2031.

    What is the expected CAGR of the brain health supplements market?

    11.7% is the expectd CAGR of brain health supplements market.

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