PUBLISHER: The Business Research Company | PRODUCT CODE: 1695920
PUBLISHER: The Business Research Company | PRODUCT CODE: 1695920
Brain health functional food and beverages are products that contain ingredients that are intended to support brain health. A functional beverage is a nonalcoholic drink product that is formulated with ingredients, such as raw fruits, herbs, vitamins, minerals, amino acids and other bioactive compounds that provide specific health benefits. Brain health functional foods are foods that contain nutrients that support brain health and function, such as omega-3 fatty acids, antioxidants and vitamins.
The brain health functional food and beverage market consists of revenues earned by entities (organizations, sole traders and partnerships) that offer benefits that go beyond basic nutrition, aiming to enhance mental performance and well-being. Functional foods include items fortified with nutrients that go beyond basic nutrition, aimed specifically at cognitive enhancement.
The global brain health functional food and beverage market was valued at $13,277.49 million in 2019 which grew till 2024 at a compound annual growth rate (CAGR) of more than 8.00%.
Growing Demand For Functional Foods
Growing demand for functional foods drove the growth of the brain health functional food and beverage market during the historic period. Functional foods are foods that provide additional health benefits beyond basic nutrition, often designed to improve overall well-being or reduce the risk of certain diseases. The demand for functional foods is rising due to increasing consumer awareness of health and wellness, a growing focus on disease prevention, and the desire for convenient, nutrient-rich options that support overall well-being. The rising demand for functional foods positively influences brain health, functional foods, and beverages by driving innovation and the development of products specifically designed to support cognitive function, mental clarity, and overall brain wellness. For example, in May 2023, according to the report published by the International Nut & Dried Fruit Council, a Spain-based association, world tree nut production has shown an upward trend over the past decade, reaching a total of 5.3 million metric tons in the 2022/2023 season, consistent with the previous season. Peanut production has remained above 50 million metric tons for the past three seasons, with the 2022/2023 production estimated at over 50.7 million metric tons. Therefore, the growing demand for functional foods drove the growth of the brain health functional food and beverage market.
Innovation In Brain Health To Target Infant Cognitive Development and Immune Support
Leading companies in the brain health functional food and beverage sector are concentrating on creating innovative products, including brain nutrition offerings for infants, to support immune system function and cognitive development. These brain nutrition products are dietary supplements or functional foods formulated with specific nutrients, vitamins, and natural ingredients to promote cognitive health, boost mental performance, and enhance overall brain function. For instance, in October 2024, Brainiac Foods, a US-based brain health and wellness company, launched the Neuro+ line. Neuro+ introduces a unique brain nutrition solution in the baby food category by incorporating Milk Fat Globule Membrane (MFGM), a nutrient found in breast milk, to support brain development and strengthen the immune system. Available in kid-friendly flavors like strawberry banana and carrot blueberry, Neuro+ is designed to meet the needs of families transitioning to solids earlier and addressing the decline in exclusive and extended breastfeeding, ensuring young children still receive these essential benefits.
The global brain health functional food and beverage market is fairly fragmented, with large number of small players in the market. The top ten competitors in the market made up to 21.11% of the total market in 2023.
Brain Health Functional Food And Beverage Global Market Opportunities And Strategies To 2034 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global brain health functional food and beverage market as it emerges from the COVID-19 shut down.
Where is the largest and fastest-growing market for brain health functional food and beverage? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The brain health functional food and beverage market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider brain health functional food and beverage market; and compares it with other markets.