Global Brain Health Supplements Market Size & Outlook
Global brain health supplements market, 2017-2030 (US$M)
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Global brain health supplements market highlights
- The global brain health supplements market generated a revenue of USD 8,630.2 million in 2022 and is expected to reach USD 23,419.6 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 13.3% by 2030.
- In terms of segment, herbal extract accounted for a revenue of USD 3,726.2 million in 2022.
- Vitamins & Minerals is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 8,630.2 million |
| Market revenue in 2030 | USD 23,419.6 million |
| Growth rate | 13.3% (CAGR from 2022 to 2030) |
| Largest segment | Herbal extract |
| Fastest growing segment | Vitamins & Minerals |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Natural Molecules, Herbal Extract, Vitamins & Minerals |
Other key industry trends
- In terms of revenue, the North America accounted for 40.1% of the global brain health supplements market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 812.7 million by 2030.
Herbal extract was the largest segment with a revenue share of 43.18% in 2022. Horizon Databook has segmented the Global brain health supplements market based on natural molecules, herbal extract, vitamins & minerals covering the revenue growth of each sub-segment from 2017 to 2030.
Brain health supplements are naturally derived drugs that aid in enhancing cognitive functions such as motivation, memory, attention, and creativity to name a few. These supplements are developed from a wide range of natural and herbal extracted ingredients and are approved by the FDA.
Cognition represents a complex set of high-level mental functions including learning, thinking, memorizing, and concentrating and is highly influenced by appropriate nutrition quality and level. Nowadays, optimal brain functioning has become crucial on account of growing competition across every field including academics and professionals associated with creativity and corporate sectors.
With growing awareness and rising concerns related to individual productivity, brain health supplements market is expected to witness an augmented product demand from consumers. Moreover, increasing number of student base and workforce have been looking for additional ways to gain a competitive advantage in their respective areas through high productivity.
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Brain Health Supplements Market Scope
Brain Health Supplements Market Companies
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Global brain health supplements market size, by regions, 2017-2030 (US$M)
Top 10 countries: Brain health supplements market size, 2022 (US$M)
Global brain health supplements market share, by product, 2022 & 2030 (%, US$M)
Brain health supplements market: Opportunity assessment by country
Global brain health supplements market, by region, 2022 (US$M)
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