August 04, 2022 12:30 ET | Source: Straits Research Straits Research

New York, United States, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Brain health supplements contain natural and herbal components that boost brain function. These supplements contain ginseng, echinacea, ginkgo biloba, curcumin, lion's mane, vitamins, amino acids, minerals, and bioflavonoids. Supplements come as tablets, capsules, soft gels, powders, and syrups. Cognitive enhancers improve memory, concentration, attention, sleep, mood, ageing, and motor skills. Regularly using brain health supplements can lessen the risk of anxiety, dementia, depression, Alzheimer's, and other neurodegenerative illnesses.

Natural chemicals with brain-healthy properties are brain supplements. Vitamins B and C help the brain and nerve system. Herbal ingredient R&D drives the global market for brain health supplements. Herbal medications' medicinal and pharmacological uses are being explored. Brain health supplement producers have also increased.

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Global Brain Health Supplements Market: Drivers

Dementia, Alzheimer, and brain cancer will rise in prevalence, boosting the market. In September 2021, the WHO reported that 55 million people worldwide had dementia, with 10 million new cases each year.

Ageing population also boosts brain health supplement business. Alzheimer's and other dementias are widespread in the elderly. A Population Reference Bureau estimate projects that by 2060, 23% of Americans will be 65 or older. This is roughly a two-thirds rise from 52 million today.

Rising demand for brain-health supplements is largely due to herbal R&D. Organic medications and supplements have health benefits. Thus, the number of companies producing brain health supplements influences market growth.

Due to busy schedules and financial or familial stress, people need more brain health vitamins. Product availability at pharmacies fuels market expansion. As drugstores multiply, demand for mental health products rises. Internet sales are also predicted to rise rapidly, which will help the market flourish. Online buying is growing because consumers value convenience.

Global Brain Health Supplements Market: Key Future Opportunities

Other growth-inducing features include product upgrades like the introduction of organic, sustainably-grown variants. These are made with organic, sustainably-grown ingredients. Consumers are more aware of the benefits of naturally produced, high-quality dietary supplements and are using them to fill nutritional gaps in their meals. Key market players are adopting organic growth strategies such as product launches to strengthen their position in the global market for brain health supplements. In July 2017, Mannatech, Inc. announced that GinMAX (Ginseng Supplement) would be offered in China. GinMAX improves focus, memory, and fatigue naturally. Each will offer attractive opportunities during the projection timeframe.

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Regional Overview of Global Brain Health Supplements Market

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa make up the Global Brain Health Supplements Market.

North America led the market in 2021. In North America, mental health problems are driving demand for the medication. According to data from the US National Library of Medicine, 75% of the adult population in the US consumes dietary supplements that promote brain health, energy, and performance. They contain vitamins, minerals, and herbs. These trends will likely boost the country's market. Loneliness and uncertainty about the future are important stressors for U.S. teens and young adults, according to 2020 APA research. In order for their brains to work properly, more adults will likely need brain health supplements.

Asia Pacific will expand fastest from 2022 to 2030. The rapidly developing education sectors in China and Japan, along with increased awareness of the necessity of good brain function, are expected to enhance demand for the product in the region. Multinational corporations combine with Chinese and Indian firms to produce natural medications. This tendency should boost organic products over the projection period. Alzheimer's disease is spreading in emerging countries like China and India, increasing demand for memory-enhancing medicines. Dementia cases are anticipated to rise from 23 million in 2015 to 71 million in 2050. Due to increased awareness of Alzheimer's disease and other forms of dementia, demand for memory enhancer products is expected to rise during the forecast period.

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A list of major competitor companies in the Brain Health Supplements Market across the globe are,

Global Brain Health Supplements Market: Segmentation

Table of Content and Figure @ https://straitsresearch.com/report/brain-health-supplements-market/toc

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