Brain Health Supplements Market to Register 6.64% YoY Growth Rate in 2022, Growing Online Retail Demand is a Key Trend Driving the Market – Technavio – Yahoo Finance | Region & Cash

NEW YORK, July 26, 2022 /PRNewswire/ — The market for brain health supplements is expected to continue growing $3.81 billion, progress on a CAGR of 8.34% according to the latest market report from Technavio. That The key factor driving the global brain health supplement market growth is the growing online retail demand due to factors such as increasing internet connectivity and increasing smartphone adoption. An increase in online marketing activity has enabled manufacturers to offer consumers easy access to a variety of brain health supplements. E-commerce platforms like Amazon, IndiaMart, and Alibaba sell a wide range of brain health supplements. The discounts and offers, along with the availability of multiple brands of brain health supplements, are luring consumers to buy products in bulk through online retail channels. Additionally, people’s increasing awareness of maintaining social distancing to prevent transmission of COVID-19 is leading to the trend of purchasing brain health supplements through online retailers. This will have a positive impact on the growth of the global brain health supplements market in the coming years.

Technavio has announced its latest market research report titled Brain Health Supplements Market by Distribution Channel and Geography – Forecast and Analysis 2022-2026

Technavio has announced its latest market research report titled Brain Health Supplements Market by Distribution Channel and Geography – Forecast and Analysis 2022-2026

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Brain Health Supplements Market: Market Dynamics

  • driver – Growing urban population, increase in outlets and increase in elderly adult population are the major factors driving the market growth.

  • Challenges – Low penetration in developing regions, strict government regulations and ignorance about the health benefits of brain health supplements will hamper the market growth.

  • Detailed information on market dynamics – Click now!

Brain Health Supplements Market: Segmentation Analysis

The brain health supplements market is segmented by distribution channel (retail and online) and Geography (North America, Europe, Asiaand LINE).

distribution channel landscape

  • The market share growth of brain health supplements in the retail segment will be important for revenue generation.

  • The growth will be attributed to the increase in the number of retail outlets in developing and emerging countries such as China and India to meet the demand for products such as brain health supplements due to an increasingly aging population.

geography landscape

  • 38% of market growth comes from North America during the forecast period.

  • The US is the key market for the brain health supplements market North America. However, market growth in this region will be slower than market growth in other regions. Growing awareness of brain health, rapid urbanization and presence of prominent vendors will fuel the growth of brain health supplements market North America over the forecast period.

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Brain Health Supplements Market: Vendor Analysis

The market for brain health supplements is fragmented and vendors employ growth strategies such as B. Focusing on R&D activities to develop advanced and high quality products to be competitive in the market.

  • Abbott Laboratories

  • Archer Daniels Midland Co.

  • Arkopharma Laboratories

  • BASF SE

  • Bayer AG

  • BrainMD Health

  • Glanbia plc

  • Harbin Pharmaceutical Group Co.Ltd.

  • Herbalife Nutrition Ltd.

  • Hello Tech Pharmaceuticals Inc.

  • Jacobson Pharma Corp. ltd

  • Jarrow Formulas Inc.

  • Royal DSM NV

  • liquid health

  • Natural Factors Nutritional Products Ltd.

  • NOW Health Group Inc.

  • Nutrex Hawaii

  • Quincy Bioscience

  • Thorne HealthTech Inc.

  • Amway Corp.

  • Information on vendor offers – Click now!

Get ready to achieve great business results with this exclusive offer Brain Health Supplements Market Report by Technavio. The report will include highlights of the overall market including FAQs such as:

  • What are historical sales figures and estimated sales figures and CAGR during the forecast period?

  • What is the current trend in the market?

  • Which business tactics will influence competitive scenarios and define the growth potential of the market?

  • What are market drivers, restraints, and challenges impacting the market demand and growth?

  • Which regions and segments will generate massive sales and become market leaders in the coming years?

The competitive scenario in the Brain Health Supplements Market report analyses, evaluates and positions companies based on various performance indicators. Some of the factors considered for this analysis include financial performance of companies in recent years, growth strategies, product innovation, new product launches, investments, market share growth, etc. Don’t wait, strategize and increase your business goals with our Dietary Supplements Market Forecast Report for brain health – Buy now!

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  • That market for diuretics The proportion is expected to increase $95.64 million from 2021 to 2026, and the growth momentum of the market will accelerate at a CAGR of 5.44%.

Scope of the Brain Health Supplements Market

report coverage

details

page number

120

base year

2021

forecast period

2022-2026

Growth Dynamics & CAGR

Accelerate with a CAGR of 8.34%

Market growth 2022-2026

$3.81 billion

market structure

fragmented

YoY Growth (%)

6.64

Regional Analysis

North America, Europe, Asia and Rest of the World (ROW)

make a market contribution

North America at 38%

Important consumer countries

USA, Germany, Great Britain, China and Japan

competitive landscape

Leading companies, competitive strategies, levels of consumer engagement

company profiled

Abbott Laboratories, Archer Daniels Midland Co., Arkopharma Laboratories, BASF SE, Bayer AG, BrainMD Health, Glanbia plc, Harbin Pharmaceutical Group Co. Ltd., Herbalife Nutrition Ltd., Hi Tech Pharmaceuticals Inc., Jacobson Pharma Corp. Ltd., Jarrow Formulas Inc., Koninklijke DSM NV, Liquid Health, Natural Factors Nutritional Products Ltd., NOW Health Group Inc., Nutrex Hawaii, Quincy Bioscience, Thorne HealthTech Inc. and Amway Corp.

market dynamics

Stem Market Analysis, Market Growth Drivers and Obstacles, Fast Growing and Slow Growing Segment Analysis, Impact of COVID 19 and Future Consumer Dynamics, Market Condition Analysis for Forecast Period,

customization area

If our report does not contain the data you are looking for, you can contact our analysts and have segments adjusted.

Table of Contents

1. Summary

2 market landscape

3 market size

4 Five Forces Analysis

5 Market Segmentation by Distribution Channel

6 customer landscape

7 Geographical Landscape

8 drivers, challenges and trends

9 provider landscape

10 Vendor Analysis

11 Appendix

about us
Technavio is a leading global technology research and consulting firm. Her research and analysis focuses on trends in emerging markets and provides actionable insights that help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies and spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s extensive reporting, extensive research and actionable market insights to identify opportunities in existing and potential markets and to assess their competitive position in changing market scenarios.

Contact
Technavio Research
Jess Maida
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UK: +44 203 893 3200
E-mail: media@technavio.com
Website: www.technavio.com/

Technavio (PRNews photo/Technavio)

Technavio (PRNews photo/Technavio)

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SOURCE Technavio

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