Global Brain Health Supplements Market Is Estimated To Witness High Growth Owing To Increasing Marketing Strategies And Endorsements And Rising Awareness Regarding Brain Health Supplements
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 market
during 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 market is 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.
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