The global brain health supplements market generated $3,194 million in 2016, and is anticipated to reach $5,813 million by 2023, growing at a CAGR of 8.8% from 2017 to 2023.
The brain health supplements market is projected to grow significantly during the forecast period, due to rise in desire to enhance brain functions among students, scientists, and investment bankers along with growth in number of promotional activities carried out by the key players. Rapid growth of e-commerce industry facilitates product availability, which in turns drives the growth of the market. Furthermore, surge in number of self-directed consumers, abundant availability of brain health supplements, and increase in awareness about brain health supplements among the general population in the developing countries are anticipated to drive the market growth in the coming years.
The report segments the market based on product, application, sales channel, age group, supplements form, and region. On the basis of product, the market is classified into herbal extracts (ginseng, ginkgo biloba, curcumin, lion's mane, bacopa monnieri and others), vitamins & minerals (vitamin B, vitamin C and E, and others), and natural compounds (acetyl-L-carnitine, alpha GPC, citicoline, docosahexaenoic acid, huperzine-A, and others). The applications covered in the study include memory enhancement, mood & depression, attention & focus, longevity & anti-aging, sleep & recovery, and anxiety. By sales channel, the market is categorized into supermarkets & hypermarkets, drug stores, online stores, and others. According to age group, it is divided into children, adults, and elderly. Depending on supplement form, it is fragmented into capsules, tablets, and others.
Accelerated Intelligence Inc.AlternaScript, LLCHVMN Inc.Liquid Health, Inc.Aurobindo Pharma LimitedNatural Factors Nutritional Products Ltd.Onnit Labs, LLCKeyView Labs, Inc.Purelife Bioscience Co., Ltd.Quincy Bioscience
Key Topics Covered:
2: Executive Summary
3: Market Overview
4: Brain Health Supplements Market, By Product
5: Brain Health Supplements Market, By Application
6: Brain Health Supplements Market, By Supplement Form
7: Brain Health Supplements Market, By Age Group
8: Brain Health Supplements Market, By Sales Channel
9: Brain Health Supplements Market, By Region
10: Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/xbbqd5/global—brain?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180628005958/en/
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SOURCE: Research and Markets
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PUB: 06/28/2018 11:57 AM/DISC: 06/28/2018 11:57 AM