NEW YORK, July 26, 2022 /PRNewswire/ — Brain Health Supplements Market Set to Grow by $3.81 billion, progress to a CAGR of 8.34% according to Technavio’s latest market report. The The key factor fueling the growth of the global brain health supplements market is the growing demand for online retail due to factors such as increasing internet connectivity and growing adoption of smartphones. An increase in online marketing activity has allowed manufacturers to provide consumers with easy access to a variety of brain health supplements. E-commerce platforms such as Amazon, IndiaMart, and Alibaba sell a wide range of brain health supplements. Discounts and offers along with the availability of multiple brands of brain health supplements entice consumers to purchase products in bulk through online retail channels. Additionally, people’s growing awareness of maintaining social distancing to prevent transmission of COVID-19 is leading to the trend of buying brain health supplements through online retail. This will have a positive impact on the growth of the global brain health supplements market in the coming years.

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Brain Health Supplements Market: Market Dynamics

• Drivers – Growing urban population, increasing outlets, and rising elderly population are the major factors propelling the growth of the market.

• Challenges – Low penetration in developing regions, stringent government regulations, and ignorance about the health benefits of brain health supplements will hamper the market growth.

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Brain Health Supplements Market: Segmentation Analysis

Brain Health Supplements Market is segmented by distribution channel (retail and online) and geography (North America, Europe, Asiaand LINE).

Distribution channel landscape

• The growth of brain health supplements market share in the retail segment will be important for revenue generation.

• This growth is attributed to the increase in the number of outlets in developing and emerging countries such as China and India to meet the demand for products, such as brain health supplements, due to a growing aging population.

The story continues

Geography Landscape

• 38% of market growth will come from North America during the forecast period.

• The United States is the key market for the brain health supplements market in North America. However, market growth in this region will be slower than market growth in other regions. Growing awareness of brain health, rapid urbanization and presence of prominent vendors will facilitate the growth of the brain health supplements market in North America over the forecast period.

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Brain Health Supplements Market: Vendor Analysis

The market for brain health supplements is fragmented and vendors are deploying growth strategies such as focusing on R&D activities to develop advanced and high-quality products to compete in the market.

• Abbott Laboratories

• Archer Daniels Midland Co.

• Arkopharma Laboratories

• BASF SE

• Bayer AG

• BrainMD Health

• Glanbia plc

• Harbin Pharmaceutical Group Co.Ltd.

• Herbalife Nutrition Ltd.

• Hi Tech Pharmaceuticals Inc.

• Jacobson Pharma Corp. ltd.

• Jarrow Formulas Inc.

• Koninklijke DSM AG

• liquid health

• Natural Factors Nutritional Products Ltd.

• NOW Health Group Inc.

• Nutrex Hawaii

• Quincy Biosciences

• Thorne Health Tech Inc.

• Amway Corp.

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Get ready to achieve great business results with this exclusive Brain Health Supplements Market Technavio report. The report will include highlights of the overall market, which includes frequently asked questions such as –

• What are the historical revenue figures and estimated revenue figures along with the CAGR during the forecast period?

• What is the current trend in the market?

• What are the business tactics that will influence the competitive scenarios while defining the growth potential of the market?

• What are the market drivers, restraints, and challenges impacting market demand and growth?

• Which regions and segments will generate massive revenue and emerge as market leaders in the coming years?

The competitive scenario predicted in the Brain Health Supplements Market report analyzes, evaluates and positions companies based on various performance indicators. Some of the factors taken into consideration for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, market share growth, etc. Don’t wait, take a strategic approach and boost your business goals with our Brain Health Supplements Market Forecast Report – Buy now!

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• The mental health market The market share is expected to grow to reach USD 201.41 billion from 2021 to 2026, and the market growth momentum will accelerate at a CAGR of 9.06%.

• The diuretics market the share should increase to reach $95.64 million from 2021 to 2026, and the growth momentum of the market will accelerate at a CAGR of 5.44%.

Contents

1. Summary

2 Market landscape

3 Market sizing

4 Five forces analysis

5 Market Segmentation by Distribution Channel

6 Customer Landscape

7 Geographic landscape

8 drivers, challenges and trends

9 Supplier landscape

10 Vendor Analysis

11 Appendix

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