LAMEA Brain Health Supplements Market By Product (Natural Molecules, Herbal Extract and Vitamins & Minerals), By Application (Memory Enhancement, Attention & Focus, Depression & Mood, Sleep & Recovery, Anti-aging & Longevity and Stress & Anxiety), By Country, Industry Analysis and Forecast, 2020 - 2026
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Market Report Description
The Latin America, Middle East and Africa Brain Health Supplements Market would witness market growth of 12.5% CAGR during the forecast period (2020-2026). The increasing awareness among the consumers about enhancing and maintaining brain health and hence it acts as a major driving factor for the brain supplement market. Moreover, the global brain health supplements market is fuelled by the increasing number of promotional activities, growing self-directed users, and high awareness about the better functionality of the brain. Using these supplements, consumers can get various benefits such as improved focus, mood, memory, sleep, relaxation, creativity, and other brain functions. Moreover, the sales of these products are also boosted by the ease of availability of these over the counter (OTC) products in both physical and online stores.
Brain health supplements consist of vitamins, minerals, and other trace elements. Thus, the nutritional benefits of the supplements help in increasing concentration level, reducing stress, elevate mood or memory. These brain health supplements also provide protection against depression, anxiety, and dementia. The busy lifestyle coupled with mental stress, help brain health supplements to become an effective lifestyle product nowadays. Brain health supplements are available in various forms in the market such as tablets, capsules, powders, and others.
Based on Product, the market is segmented into Natural Molecules, Herbal Extract and Vitamins & Minerals. Based on Application, the market is segmented into Memory Enhancement, Attention & Focus, Depression & Mood, Sleep & Recovery, Anti-aging & Longevity and Stress & Anxiety. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Reckitt Benckiser Group PLC, Teva Pharmaceuticals Industries Ltd., H.V.M.N., Inc., Purelife Bioscience Co., Ltd., Peak Nootropics (Advanced Nootropics), AlternaScript, Liquid Health, Inc., Natural Factors, Onnit Labs, Inc., and Quincy Bioscience LLC.
Scope of the Study
Market Segments Covered in the Report:
- Natural Molecules
- Herbal Extract
- Vitamins & Minerals
- Memory Enhancement
- Attention & Focus
- Depression & Mood
- Sleep & Recovery
- Anti-aging & Longevity
- Stress & Anxiety
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Reckitt Benckiser Group PLC
- Teva Pharmaceuticals Industries Ltd.
- H.V.M.N., Inc.
- Purelife Bioscience Co., Ltd.
- Peak Nootropics (Advanced Nootropics)
- Liquid Health, Inc.
- Natural Factors
- Onnit Labs, Inc.
- Quincy Bioscience LLC
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