Brain Health Supplements Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Protein Powder, Lecithin, Cephalin, Others), By Application (Elder, Children, Student, Others), By Distribution Channel (Super Marts & HyperMarts, Online Stores, Drug Stores, Others) and Region  

Brain Health Supplements Market size is valued at US$ 8,975.3 million in 2023 and is poised to grow at a CAGR of 8.5% from 2024 to 2030. The global market provides a detailed overview and which can be segmented by type, application, distribution channel, and region. By type, the brain health supplements market has been segmented into protein powder, lecithin, cephalin, and others. By type, the protein powder segment held the largest revenue share of the gastric cancer therapy market in past years and is expected to have the fastest growth rate over the forecasted period due to an increase in the demand for protein powder among a large section of people. By application, the brain health supplements market has been segmented into the elder, children, students, adults, and others.By application, the elderly segment dominated the brain health supplement market in past years, and this trend is expected to be retained during the forecast period, owing to an increase in the prevalence of brain diseases in aged individuals.

Furthermore, the adult segment is expected to have considerable growth during the forecast period, due to a continuous rise in stress & anxiety in adults and a rising sedentary lifestyle. Based on the distribution channel, the segment has been segregated into super marts & hypermarts, online stores, drug stores, and others. As per the distribution channel, the drug stores segment dominated the brain health supplement market in 2020, and this segment is expected to continue during the forecast period, owing to an increase in the number of drug stores and initiatives taken by a government organization for the development of drug stores.

Brain Health Supplements Market Key Developments:

• In February 2017, Mind Your Zen launched three new dietary supplements for brain health, Zen Mind, Zen Mood, and Zen Sleep to help individuals support physical and mental wellbeing. In September 2016, Trace Minerals Research (TMR) launched children brain supplement Feed My Brain (FMB), a fruit punch- flavoured chewable wafer. Furthermore, companies expanding geographical presence by entering into new regions and with collaborations & acquisitions.