Europe Brain Health Supplements Market Growth, Size, Trends, Demand, Share and Future Outlook
Europe Brain Health Supplements Market Size- By Product Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Apr-2024 | Report ID: PHAR2405 | Pages: 1 - 157 | Formats*: |
| Category : Pharmaceutical | |||
Europe Brain Health Supplements Market Introduction and Overview
According to SPER Market Research, the Europe Brain Health Supplements Market is estimated to reach USD 6.8 Billion by 2033 with a CAGR of 11.9%.
The report includes an in-depth analysis of the Europe Brain Health Supplements Market, including market size and trends, product mix, applications, and supplier analysis. Supplements for brain health are made to assist and improve memory, attention, and cognitive function. They come in a range of formats, such as pills, powders, and liquids, and are usually created using natural substances including vitamins, minerals, and herbs. In order to enhance their general cognitive function and mental clarity, professionals, students, and older persons frequently consume supplements related to brain health.
- Recently, Onnit Labs, Inc.—a firm in which global brand Unilever acquired a majority stake—added a new study to its portfolio of clinical trials targeted at comprehending the effects of its products, the "new mood serotonin booster." The pill was introduced to help users cope with everyday stress and mood swings.
- Capsules developed by Intelligent Labs improve cognitive performance and help elevate traits like learning, memory, and focus. The goal of the Lion's Mane Mushroom Extract launch was to support the company in implementing its expansion strategy for the brain health supplement industry.
Market Opportunities and Challenges
Aging induces alterations in brain structure, cognitive abilities, and blood circulation, occurring across various levels, from molecular to structural. These changes, encompassing molecular aging, tissue degradation, and cellular transformations, as well as organ-level shifts, may impact cognition and behavior. The incidence of conditions like stroke, dementia, and white matter lesions rises with age, accompanied by memory decline linked to changes in neurotransmitters and hormones. Inadequate intake of micronutrients and antioxidants among the elderly can exacerbate cognitive dysfunction and emotional decline. Given the escalating risk of dementia and cognitive impairment with age, there's a growing emphasis on maintaining cognitive health.
Although no definitive preventive measures exist, brain supplements have emerged as a popular choice among aging individuals, driving the growth of the brain health supplements market. Many challenges still exist in the European market for mental health supplements, impeding the expansion and stability of the industry. Tight regulatory regulations are a major obstacle for businesses, affecting marketing, distribution, and product development. Consumer mistrust of the effectiveness and safety of supplements for brain health creates more complication, requiring open dialogue and solid scientific proof.
Furthermore, changes in disposable income and economic uncertainty have an impact on consumer buying habits, which in turn affects market demand. Market competitiveness is further intensified by competition from natural cures and alternative therapies. Operational difficulties for industry participants are also a result of supply chain interruptions and problems acquiring raw materials. Working together, stakeholders must focus on innovation, education, and regulatory compliance in order to overcome these challenges.
Market Competitive Landscape
There are a few new entrants as well as a number of well-established enterprises in the European market for brain health supplements. But businesses that deal with health supplements in other areas are also concentrating on brain health these days. The major key players in the Europe Brain Health Supplements Market are: Alternascript, HVMN, Intelligent Labs, Mind Lab Pro, Natural Factors Nutritional Products Ltd, Onn it (Unilever), Prepare Your Mood, Reckitt Benckiser Group Plc, ReMind Brain Health Supplements, Teva Pharmaceutical Industries Ltd, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product Type, By Application |
| Regions covered | France, Germany, Italy, Spain, UK, Rest of Europe |
| Companies Covered | Alternascript, HVMN, Intelligent Labs, Mind Lab Pro, Natural Factors Nutritional Products Ltd, Onn it (Unilever), Prepare Your Mood, Reckitt Benckiser Group Plc, ReMind Brain Health Supplements, Teva Pharmaceutical Industries Ltd, Others |
COVID-19 Impact on Europe Brain Health Supplements Market
The market for brain health supplements has been significantly impacted by the Covid-19 epidemic. The need for supplements that might improve cognitive function and lower stress has grown as a result of the pandemic's heightened effects on anxiety and stress. Furthermore, the pandemic has raised awareness of wellness and health, which has increased demand for natural and organic supplements for brain health. But supply chain and manufacturing process interruptions have also affected the market, causing shortages and price hikes.
Key Target Audience:
- Aging Population
- Athletes and Fitness Enthusiasts
- Caregivers and Family Members
- Corporate Wellness Programs
- Healthcare Professionals
- Individuals Concerned About Cognitive Function
- Researchers and Academics
- Retailers and Distributors
- Students and Professionals
- Wellness and Lifestyle Brands
- Others
Our in-depth analysis of the Europe Brain Health Supplements Market includes the following segments:
| By Product Type: |
|
| By Application: |
|
| By Region: |
|
Key Topics Covered in the Report:
- Europe Brain Health Supplements Market Size (FY’2024-FY’2033)
- Overview of Europe Brain Health Supplements Market
- Segmentation of Europe Brain Health Supplements Market By Product Type (Herbal Extract, Natural Molecules, Vitamins & Minerals)
- Segmentation of Europe Brain Health Supplements Market By Application (Anti-aging & Longevity, Attention & Focus, Depression & Mood, Memory Enhancement, Sleep & Recovery, Stress & Anxiety)
- Statistical Snap of Europe Brain Health Supplements Market
- Expansion Analysis of Europe Brain Health Supplements Market
- Problems and Obstacles in Europe Brain Health Supplements Market
- Competitive Landscape in the Europe Brain Health Supplements Market
- Impact of COVID-19 and Demonetization on Europe Brain Health Supplements Market
- Details on Current Investment in Europe Brain Health Supplements Market
- Competitive Analysis of Europe Brain Health Supplements Market
- Prominent Players in the Europe Brain Health Supplements Market
- SWOT Analysis of Europe Brain Health Supplements Market
- Europe Brain Health Supplements Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Europe Brain Health Supplements Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Brain Health Supplements Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Brain Health Supplements Market
7. Europe Brain Health Supplements Market, By Product Type (USD Million) 2020-2033
7.1. Europe Brain Health Supplements Market Size, Share and Forecast, By Product Type, 2020-20267.2. Europe Brain Health Supplements Market Size, Share and Forecast, By Product Type, 2027-20337.3. Herbal Extract7.3.1. Ashwagandha7.3.2. Bacopa7.3.3. Curcumin7.3.4. Gingko Biloba7.3.5. Ginseng7.3.6. Gotu Kola7.3.7. Lemon Balm7.3.8. Others7.4. Natural Molecules7.4.1. Acetyl-L-Carnitine7.4.2. Alpha-GPC7.4.3. Citicoline7.4.4. DHA7.4.5. Phosphatidylserine7.4.6. Pre/Pro/Postbiotics7.4.7. Resveratrol7.3.8. Others7.5. Vitamins & Minerals7.5.1. Magnesium7.5.2. Vitamin B7.5.3. Vitamin C & E7.5.4. Zinc7.5.5. Others
8. Europe Brain Health Supplements Market, By Application (USD Million) 2020-2033
8.1. Europe Brain Health Supplements Market Size, Share and Forecast, By Application, 2020-20268.2. Europe Brain Health Supplements Market Size, Share and Forecast, By Application, 2027-20338.3. Anti-aging & Longevity8.4. Attention & Focus8.5. Depression & Mood8.6. Memory Enhancement8.7. Sleep & Recovery8.8. Stress & Anxiety
9. Europe Brain Health Supplements Market Forecast, 2020-2033 (USD Million)
9.1. Europe Brain Health Supplements Market Size and Market Share
10. Europe Brain Health Supplements Market, By Region, 2020-2033 (USD Million)
10.1. Europe Brain Health Supplements Market Size and Market Share By Region (2020-2026)10.2. Europe Brain Health Supplements Market Size and Market Share By Region (2027-2033)10.3. France10.4. Germany10.5. Italy10.6. Spain10.7. UK10.8. Rest of Europe
11. Company Profile
11.1. Alternascript11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments11.2. HVMN11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments11.3. Intelligent Labs11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments11.4. Mind Lab Pro11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments11.5. Natural Factors Nutritional Products Ltd11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments11.6. Onn it (Unilever)11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments11.7. Prepare Your Mood11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary
11.7.4. Recent developments
11.8. Reckitt Benckiser Group Plc11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments11.9. ReMind Brain Health Supplements11.9.1. Company details11.9.2. Financial outlook11.9.3. Product summary11.9.4. Recent developments11.10. Teva Pharmaceutical Industries Ltd11.10.1. Company details11.10.2. Financial outlook11.10.3. Product summary11.10.4. Recent developments11.11. Others
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Europe Brain Health Supplements Market is projected to reach USD 6.8 billion by 2033, growing at a CAGR of 11.9 % during the forecast period.
Europe Brain Health Supplements Market size from 2022. The Market is expected to reach USD 6.8 billion by 2033, at a CAGR of 11.9% during the forecast period.
Europe Brain Health Supplements Market CAGR of 11.9% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Europe Brain Health Supplements Market size is 6.8 billion from 2024 to 2033.
Europe Brain Health Supplements Market Segment is covered By Product Type, By Application.
The Europe anticipated to have the highest market share in the Europe Brain Health Supplements Market.
The key players in the market include Companies Covered Alternascript, HVMN, Intelligent Labs, Mind Lab Pro, Natural Factors Nutritional Products Ltd, Onn it (Unilever), Prepare Your Mood, Reckitt Benckiser Group Plc, ReMind Brain Health Supplements, Teva Pharmaceutical Industries Ltd, Others.
The goal of the Lion's Mane Mushroom Extract launch was to support the company in implementing its expansion strategy for the brain health supplement industry.
PLACE AN ORDER
Year End Discount
Sample Report
Pre-Purchase Inquiry
NEED CUSTOMIZATION?
Request CustomizationCALL OR EMAIL US
100% Secure Payment
Related Reports
Have a glance of the Report
Our Global Clients
Our data-driven insights have influenced the strategy of 200+ reputed companies across the globe.
