Market revenue in 2022 | USD 6,163.3 million |
Market revenue in 2030 | USD 14,630.7 million |
Growth rate | 11.4% (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 |
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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 10.05% in 2022. Horizon Databook has segmented the North America 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 large population of North America has been experiencing an increase in brain health and lifestyle related diseases due to poor dietary habits, sedentary lifestyles, and busy schedules.
As a result, there has been a growing awareness of the benefits of regularly incorporating functional foods and beverages into the diet in order to improve overall health and obtain essential nutrients, which has driven the brain health functional food and beverages market growth in the region.
According to a report by Kerry Group, around 70% of the North American Population consumes probiotics as a part of their regular diets. Therefore, formulating brain health functional food and beverages with probiotics can create opportunities for market players.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America brain health functional food and beverage market , including forecasts for subscribers. This continent databook contains high-level insights into North America brain health functional food and beverage market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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