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
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| Regions covered | France, Germany, Italy, Spain, UK, Rest of Europe
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| 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:
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By Product Type: |
Herbal Extract
Ashwagandha
Natural Molecules
Vitamins & Minerals
|
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By Application: |
Anti-aging & Longevity
Attention & Focus
Depression & Mood
Memory Enhancement
Sleep & Recovery
Stress & Anxiety
|
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By Region: |
France
Germany
Italy
Spain
UK
Rest of Europe
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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 report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Brain Health Supplements Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Brain Health Supplements Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. 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, 2020-2026
7.2. Europe Brain Health Supplements Market Size, Share and Forecast, By Product Type, 2027-2033
7.3. Herbal Extract
7.3.1. Ashwagandha
7.3.2. Bacopa
7.3.3. Curcumin
7.3.4. Gingko Biloba
7.3.5. Ginseng
7.3.6. Gotu Kola
7.3.7. Lemon Balm
7.3.8. Others
7.4. Natural Molecules
7.4.1. Acetyl-L-Carnitine
7.4.2. Alpha-GPC
7.4.3. Citicoline
7.4.4. DHA
7.4.5. Phosphatidylserine
7.4.6. Pre/Pro/Postbiotics
7.4.7. Resveratrol
7.3.8. Others
7.5. Vitamins & Minerals
7.5.1. Magnesium
7.5.2. Vitamin B
7.5.3. Vitamin C & E
7.5.4. Zinc
7.5.5. 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, 2020-2026
8.2. Europe Brain Health Supplements Market Size, Share and Forecast, By Application, 2027-2033
8.3. Anti-aging & Longevity
8.4. Attention & Focus
8.5. Depression & Mood
8.6. Memory Enhancement
8.7. Sleep & Recovery
8.8. 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. France
10.4. Germany
10.5. Italy
10.6. Spain
10.7. UK
10.8. Rest of Europe
11. Company Profile
11.1. Alternascript
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. HVMN
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. Intelligent Labs
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. Mind Lab Pro
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. Natural Factors Nutritional Products Ltd
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Onn it (Unilever)
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Prepare Your Mood
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Reckitt Benckiser Group Plc
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. ReMind Brain Health Supplements
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. Teva Pharmaceutical Industries Ltd
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
11.11. Others
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope