Market revenue in 2022 | USD 687.0 million |
Market revenue in 2030 | USD 1,442.0 million |
Growth rate | 9.7% (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 Japan 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.
In Japan, the Ministry of Health, Labor, and Welfare introduced regulations for functional foods called Food for Specified Health Uses (FOSHU) in 1991. The implementation of FOSHU has allowed the development and launch of many clinically proven functional food and beverage products, which contributes to the growth of the brain health functional food and beverages market in the country.
From April to June 2020, 221 functional foods were launched in Japan, with over 80 having multiple health claims. This trend is expected to continue in the future, thus driving the demand for brain health functional food and beverages with multiple health claims in Japan.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan brain health functional food and beverage market , including forecasts for subscribers. This country databook contains high-level insights into Japan brain health functional food and beverage market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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