India Brain Health Supplements Market Size & Outlook
India brain health supplements market, 2017-2030 (US$M)
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India brain health supplements market highlights
- The India brain health supplements market generated a revenue of USD 596.2 million in 2022 and is expected to reach USD 1,849.0 million by 2030.
- The India market is expected to grow at a CAGR of 15.2% from 2023 to 2030.
- In terms of segment, herbal extract was the largest revenue generating product in 2022.
- Vitamins & Minerals is the most lucrative product segment registering the fastest growth during the forecast period.
Brain health supplements market data book summary
| Market revenue in 2022 | USD 596.2 million |
| Market revenue in 2030 | USD 1,849.0 million |
| Growth rate | 15.2% (CAGR from 2022 to 2030) |
| Largest segment | Herbal extract |
| Fastest growing segment | Vitamins & Minerals |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Natural Molecules, Herbal Extract, Vitamins & Minerals |
| Key market players worldwide | Unilever PLC, Teva Pharmaceutical Industries Ltd, Natural Factors, Intelligent labs, Accelerated Intelligence, NOW Foods, Health Via Modern Nutrition, Peak Nootropics, AlternaScript |
Other key industry trends
- In terms of revenue, India accounted for 6.9% of the global brain health supplements market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China brain health supplements market is projected to lead the regional market in terms of revenue in 2030.
- ANZ is the fastest growing regional market in Asia Pacific and is projected to reach USD 885.2 million by 2030.
Herbal extract was the largest segment with a revenue share of 43.02% in 2022. Horizon Databook has segmented the India brain health supplements market based on natural molecules, herbal extract, vitamins & minerals covering the revenue growth of each sub-segment from 2017 to 2030.
Rising disposable income, hectic lifestyle, increased product penetration, and greater awareness about overall health are all driving demand for the anti-aging brain health supplements in the country. According to a World Health Organization (WHO) assessment, India has one of the world's largest populations of people suffering from mental illnesses in some form or another.
Consumers have access to a variety collection of delivery forms to suit their specific lifestyles and preferences due to increased product innovation and rising consumer desire for personalization in the supplement sector, providing the industry with the option to solve the mental health issues and cater to rising consumer demand for customization with brain health supplements.
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Brain Health Supplements Market Scope
Brain Health Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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India brain health supplements market size, by product, 2017-2030 (US$M)
India Brain Health Supplements Market Outlook Share, 2022 & 2030 (US$M)
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