Market revenue in 2022 | USD 848.2 million |
Market revenue in 2030 | USD 2,035.8 million |
Growth rate | 11.6% (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 India 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.
The growing prevalence of mental health related issues such as depression, anxiety, and other nutritionrelated issues in India has led to a greater focus on brain health functional food and beverages as a means of prevention and management of various diseases.
This increased promotion of brain health functional food and beverages has contributed to the growth of the market in India. India ranks second in terms of diabetics. The International Diabetes Federation (IDF) has estimated that over 98 million Indians are anticipated to be diabetic by 2030.
Rising disposable income, hectic lifestyles, growing product availability, and growing awareness about the importance of maintaining overall health are further boosting the demand for brain health functional food and beverages in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the India brain health functional food and beverage market , including forecasts for subscribers. This country databook contains high-level insights into India brain health functional food and beverage market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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