PUBLISHER: TechNavio | PRODUCT CODE: 1502274
PUBLISHER: TechNavio | PRODUCT CODE: 1502274
Technavio has been monitoring the brain health supplements market and is forecast to grow by USD 4772.8 mn during 2023-2028, accelerating at a CAGR of 8.9% during the forecast period. Our report on the brain health supplements market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing urban population, increase in number of retail sales outlets, and increase in geriatric population.
Technavio's brain health supplements market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 7.98% |
CAGR | 8.9% |
Incremental Value | $4772.8mn |
By End-user
By Distribution Channel
By Geography
This study identifies the growing demand in online retail as one of the prime reasons driving the brain health supplements market growth during the next few years. Also, increasing awareness through social media marketing and growth in disposable income of consumers will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the brain health supplements market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading brain health supplements market vendors that include Abbott Laboratories, Amway Corp., Archer Daniels Midland Co., BASF SE, Bayer AG, BrainMD Health, Cyanotech Corp., Dermapharm Holding SE, Glanbia plc, Herbal Goodness, Herbalife International of America Inc., Hi Tech Pharmaceuticals Inc., Jacobson Pharma Corp. Ltd., Jarrow Formulas Inc., Koninklijke DSM NV, Liquid Health Inc., Natural Factors Nutritional Products Ltd., NOW Health Group Inc., Quincy Bioscience, and Thorne HealthTech Inc.. Also, the brain health supplements market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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