Market revenue in 2022 | USD 376.5 million |
Market revenue in 2030 | USD 833.9 million |
Growth rate | 10.5% (CAGR from 2022 to 2030) |
Largest segment | Vitamins & minerals |
Fastest growing segment | Choline |
Historical data | 2017 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Anthocyanins, Choline, Resveratrol, Ashwagandha, Ginkgo Biloba, Omega 3, Vitamins & Minerals, L-theanine, Curcumin |
Key market players worldwide | WK Kellogg Co, Rage Coffee, Brain Bar, Cerebelly, Clutch Nutrition, Ingenuity Brands, Koios Beverage Corp., Memore, BrainMD |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to brain health functional food and beverage market will help companies and investors design strategic landscapes.
Vitamins & minerals was the largest segment with a revenue share of 10.04% in 2022. Horizon Databook has segmented the Canada brain health functional food and beverage market based on anthocyanins, choline, resveratrol, ashwagandha, ginkgo biloba, omega 3, vitamins & minerals, l-theanine, curcumin covering the revenue growth of each sub-segment from 2017 to 2030.
Canada is a major producer of high-quality, nutritionally-rich functional food and beverages due to the country's significant investments in collaborative teamwork, R&D, and its abundance of natural resources.
According to a report by Canadian Digestive Health Foundation, the recommended amount of fiber per day is for men is 38 grams and for women is 25 grams , whereas the actual intake is 15.6 grams for women and 19.1 grams for men, which is almost half of the recommended amount.
As a result, functional food and beverages containing dietary fibers are in high demand in the country. The growing population in Canada has led to an increase in demand for food & beverage products and pharmaceuticals.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada brain health functional food and beverage market , including forecasts for subscribers. This country databook contains high-level insights into Canada brain health functional food and beverage market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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