According to a new report published by Allied Market Research, titled, “Brain Health Supplements Market by Age Group (Children, Adults, and Elderly), Product (Herbal Extract, Vitamins & Minerals, and Natural Molecules), Application (Memory Enhancement, Mood & Depression, Attention & Focus, Longevity & Anti-Aging, Sleep & Recovery, and Anxiety), Supplement Form (Tablets, Capsules, and Others), and Sales Channel (Supermarkets & Hypermarkets, Drug Stores, Online Stores, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030.” According to the research, the global in vitro diagnostics market generated $ 7,653.4 million in 2020, and is projected to reach $ 19,730.1 million by 2030, manifesting a CAGR of 9.9% from 2021 to 2030.
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“Brain health supplements are balanced blend of herbal extracts and nutrients that are used to improve brain functions such as concentration, focus, and memory.”
Impact of Covid-19 on Brain Health Supplements Market:
- The Covid-19 pandemic had a positive impact on the demand for the brain health supplements. The minimum adverse reaction of herbal plants increased the adoption of herbal products.
- Moreover, the consumption of supplements product increased during the pandemic to boost the immunity and enhance the brain function.
Brain Health Supplements Market Segmentation:
On the basis of age group, the adults dominated the market in terms of revenue, accounting for more than half of the global brain health supplements market in 2020. However, the children segment would portray the highest CAGR of 10.8% during the forecast period.
On the basis of region, the global brain health supplements market across North America held the lion’s share in 2020, contributing to nearly two-fifths of the market. However, the market across Asia-Pacific is projected to manifest the highest CAGR of 10.8% during the forecast period.
On the basis of product type, the herbal extracts segment is expected to showcase the highest CAGR of 10.7% during the forecast period. However, the natural molecules segment held the largest share in 2020, contributing to more than half of the global brain health supplements market.
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Brain Health Supplements Market: By Region Outlook
North America (U.S., Canada)
Europe (France, Germany, UK, Italy, Spain, Netherlands, Austria)
Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
Important Questions Being Answered by the Brain Health Supplements Market Report:
What is the Brain Health Supplements market size and growth?
What are the prominent and latest trends impacting the market?
Which is the largest regional market for Brain Health Supplements?
Key market players discussed in the report include Abbott Laboratories, bioMérieux SA, Becton, Dickinson and Company, Danaher Corporation (Beckman Coulter, Inc.), Bio-Rad Laboratories, Inc., Johnson & Johnson, F. Hoffmann-La Roche Ltd., Sysmex Corporation, QIAGEN N.V., and Thermo Fisher Scientific, Inc.
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“We have also published few syndicated market studies in the similar area that might be of your interest.”
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.