Middle East & Africa Brain Health Functional Food And Beverage Market Size & Outlook
Middle East & Africa brain health functional food and beverage market, 2017-2030 (US$M)
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MEA brain health functional food and beverage market highlights
- The MEA brain health functional food and beverage market generated a revenue of USD 1,245.3 million in 2022.
- The market is expected to grow at a CAGR of 7.9% from 2023 to 2030.
- In terms of segment, vitamins & minerals was the largest revenue generating product in 2022.
- Choline is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 1,245.3 million |
| Market revenue in 2030 | USD 2,295.7 million |
| Growth rate | 7.9% (CAGR from 2022 to 2030) |
| Largest segment | Vitamins & minerals |
| Fastest growing segment | Choline |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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 |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.9% of the global brain health functional food and beverage market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 14,630.7 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Brain Health Functional Food And Beverage Market Scope
Brain Health Functional Food And Beverage Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa brain health functional food and beverage market outlook
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 10.05% in 2022. Horizon Databook has segmented the Middle East & Africa 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.
Increasing awareness of the significance of overall health and wellbeing, together with rising disposable income, is predicted to aid the demand for brain health functional foods and beverages among consumers in the region.
Additionally, the COVID-19 pandemic has created new growth potential for players in the Middle East and Africa brain health functional food and beverage market. Since the pandemic, consumers in the region have increasingly turned to functional foods and beverages to boost their immune systems and mental health.
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Our clientele includes a mix of brain health functional food and beverage market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa brain health functional food and beverage market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa brain health functional food and beverage market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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MEA brain health functional food and beverage market size, by country, 2017-2030 (US$M)
Middle East & Africa Brain Health Functional Food And Beverage Market Outlook Share, 2022 & 2030 (US$M)
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