North America Brain Health Supplements Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2028

Analysis – by Product (Natural Molecules, Herbal Extract, and Vitamins and Minerals), Application (Memory Enhancement, Attention and Focus, Depression and Mood, Sleep and Recovery, Antiaging and Longevity, and Others), Dosage Form (Capsules, Tablets, and Others), Distribution Channel (Supermarket and Hypermarket, Drug Store, Online, and Others), and Age Category (Adults, Children, and Elderly)


No. of Pages: 171    |    Report Code: BMIRE00027882    |    Category: Consumer Goods

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North America Brain Health Supplements Market
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The North America brain health supplements market is expected to grow from US$ 3,001.72 million in 2022 to US$ 5,900.73 million by 2028; it is estimated to register a CAGR of 11.9% during 2022–2028.

Growing Prevalence of Major Depressive Disorders Boosts the North America Brain Health Supplements Market Growth

Depression, which is a common mental disorder, is different from normal mood fluctuations and temporary emotional responses to challenges faced every day. A recurrent depression with moderate or severe intensity may become a serious health issue. It can hamper the performance of affected individuals in homes, workplaces, schools, etc. People suffering from depression are also likely to attempt suicide. According to the National Institute of Mental Health (NIMH), ~14.8 million US adults aged 18 and above (i.e., 6.0% of the total adult population) had at least one major depressive episode with serious impairment in 2020. According to the National Center for Biotechnology Information (NCBI), there is growing evidence about the role of nutrients in mental health. The adequate consumption of nutrients contributes to better overall health and mental health. Hence, the optimum supply of nutrients as adjunctive therapy to antidepressant treatment is essential for adequate brain functioning. Thus, the growing prevalence of major depressive disorders is driving the growth of the in North America brain health supplements market.  

 

North America Brain Health Supplements 

Market Overview

 

The brain health supplements market in North America is segmented into the US, Canada, and Mexico. Brain health supplements are offered in the form of capsules, tablets, solutions, and powders to improve memory, creativity, attention, motivation, sleep, etc. The market growth in this region is attributed to the surging cases of mental illness, rising awareness about mental health issues, increasing geriatric population, and a growing number of product launches by key players.

 

North America Brain Health Supplements Market Revenue and Forecast to 2028 (US$ Million)

North America Brain Health Supplements Market Revenue and Forecast to 2028 (US$ Million)
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North America Brain Health Supplements Strategic Insights

Strategic insights for the North America Brain Health Supplements provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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North America Brain Health Supplements Report Scope

Report Attribute Details
Market size in 2022 US$ 3,001.72 Million
Market Size by 2028 US$ 5,900.73 Million
Global CAGR (2022 - 2028) 11.9%
Historical Data 2020-2021
Forecast period 2023-2028
Segments Covered By Product
  • Natural Molecules
  • Herbal Extract
  • Vitamins and Minerals
By Application
  • Memory Enhancement
  • Attention and Focus
  • Depression and Mood
  • Sleep and Recovery
  • Antiaging and Longevity
By Dosage Form
  • Capsules
  • Tablets
By Distribution Channel
  • Supermarket and Hypermarket
  • Drug Store
  • Online
By Age Category
  • Adults
  • Children
  • Elderly
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key company profiles
  • Danone SA
  • Health Via Modern Nutrition Inc.
  • LIQUID HEALTH, INC.
  • Natural Factors
  • Unilever PLC
  • Peak Nootropics
  • Purelife bioscience Co., Ltd.
  • Quincy Bioscience
  • Procera Health
  • Harbin Pharmaceutical Group Co., Ltd.
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    North America Brain Health Supplements Regional Insights

    The geographic scope of the North America Brain Health Supplements refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    North America Brain Health Supplements Market Segmentation 

     

    The North America brain health supplements market is segmented on the basis of product, application, dosage form, distribution channel, age category, and country.

     

    Based on product, the market is segmented into natural molecules, herbal extracts, and vitamins and minerals. The natural molecules segment held the largest market share in 2022. The natural molecule segment is further divided into acetyl-carnitine, citicoline, huperzine-A, alpha GPC, docosahexaenoic acid (DHA), and others. Further, the herbal extract segment is fragmented into ginseng, curcumin, Lion's mane, Ginkgo biloba, Bacopa monnieri, and others. The vitamins & minerals segment is subsegmented into vitamins C & E, vitamin B complex, and others.

     

    The North America brain health supplements market, by application, is segmented into memory enhancement, attention and focus, depression and mood, sleep and recovery, anti-aging and longevity, and others. The memory enhancement segment held the largest market share in 2022.

     

    In terms of dosage form, the North America brain health supplements market is segmented into capsules, tablets, and others. The others segment held the largest market share in 2022.

     

    The North America brain health supplements market, by distribution channel, is segmented into supermarket and hypermarket, drug store, online, and others. The supermarket and hypermarket segment accounted for the largest market share in 2022.

     

    Based on age category, the North America brain health supplements market is segmented into adults, children, and elderly. The adults segment held the largest market share in 2022.

     

    The North America brain health supplements market, by country, is segmented into the US, Canada, and Mexico. The US dominated the market in 2022.

    Danone SA; Health Via Modern Nutrition Inc.; LIQUID HEALTH, INC.; Natural Factors; Unilever PLC; Peak Nootropics; Purelife bioscience Co., Ltd.; Quincy Bioscience; Procera Health; and Harbin Pharmaceutical Group Co., Ltd. are the leading companies operating in the North America brain health supplements market.  

    The List of Companies - North America Brain Health Supplements Market

    1. Danone SA
    2. Health Via Modern Nutrition Inc.
    3. LIQUID HEALTH, INC.
    4. Natural Factors
    5. Unilever PLC
    6. Peak Nootropics
    7. Purelife bioscience Co., Ltd.
    8. Quincy Bioscience
    9. Procera Health
    10. Harbin Pharmaceutical Group Co., Ltd.
    Frequently Asked Questions
    How big is the North America Brain Health Supplements Market?

    The North America Brain Health Supplements Market is valued at US$ 3,001.72 Million in 2022, it is projected to reach US$ 5,900.73 Million by 2028.

    What is the CAGR for North America Brain Health Supplements Market by (2022 - 2028)?

    As per our report North America Brain Health Supplements Market, the market size is valued at US$ 3,001.72 Million in 2022, projecting it to reach US$ 5,900.73 Million by 2028. This translates to a CAGR of approximately 11.9% during the forecast period.

    What segments are covered in this report?

    The North America Brain Health Supplements Market report typically cover these key segments-

    • Product (Natural Molecules, Herbal Extract, Vitamins and Minerals)
    • Application (Memory Enhancement, Attention and Focus, Depression and Mood, Sleep and Recovery, Antiaging and Longevity)
    • Dosage Form (Capsules, Tablets)
    • Distribution Channel (Supermarket and Hypermarket, Drug Store, Online)
    • Age Category (Adults, Children, Elderly)

    What is the historic period, base year, and forecast period taken for North America Brain Health Supplements Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Brain Health Supplements Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2028
  • Who are the major players in North America Brain Health Supplements Market?

    The North America Brain Health Supplements Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Danone SA
  • Health Via Modern Nutrition Inc.
  • LIQUID HEALTH, INC.
  • Natural Factors
  • Unilever PLC
  • Peak Nootropics
  • Purelife bioscience Co., Ltd.
  • Quincy Bioscience
  • Procera Health
  • Harbin Pharmaceutical Group Co., Ltd.
  • Who should buy this report?

    The North America Brain Health Supplements Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the North America Brain Health Supplements Market value chain can benefit from the information contained in a comprehensive market report.