Credence Research’s latest report “Brain Health Supplements Market: Global Industry Analysis and Operational Strategies” discusses the deal-making activity during the past five years and in-depth analysis of the key deals involving more than 40 public and privately held CROs. The operational strategies adopted by key players in recent years have been listed. A heatmap analysis of the key companies was done based on their firm utilization and capital management. The report firstly introduced the Brain Health Supplements basics: definitions, classifications, applications, and industry chain overview; industry policies and zplans; product specifications; manufacturing processes; cost structures and so on.
Then it analyzed the world's main region market states, including the product price, profit, capacity, production, capacity utilization, supply, trade and industry growth rate etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.
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Insights
Brain health supplements are used to enhance memory, attention, mood, creativity, motivation in healthy individuals. Increasing awareness among college students, scientists, entrepreneurs and investment bankers are opting for memory enhancers to sharpen their minds to gain an edge on the competition. It is anticipated that, brain health supplements industries would show significant market growth during forecast period.
The key factors assisting the market growth of brain health supplements are strong desire to enhance brain function among adult population, increasing number of self-directed consumers and high penetration of promotional activities carried out by key players.
There are several ingredients are used throughout the world to enhance brain function such as Acetyl-L-Carnitine, Ginkgo, Ginseng, Alpha GPC, BacopaMonnieri, DHA and Tryptopha. Alpha GPC containing brain health supplements occupies largest market share while BacopaMonnieri containing brain health supplements will be the fastest growing market among the all ingredients during the forecast period.
The key applications of brain health supplements inlcude memory enhancement, mood and depression, attention and focus, longevity and anti-aging, sleep recovery and dream enhancement, and anxiety. In base year 2015, memory enhancement segment was observed to be the largest segment and is anticipated to maintain its lead during the forecast period of 2018 – 2026.
Companies mentioned in the report are (Leading Players)
Nootrobox, Inc 64
Cephalon, Inc 65
Purelife Bioscience Co Ltd 66
Peak Nootropics 67
Nootrico 68
SupNootropic Biological Technology Co Ltd 69
AlternaScript LLC 70
Accelerated Intelligence, Inc 71
Onnit Labs LLC 72
Powder City LLC 73
Global Nootropics Market
2016 – 2024
Credence Research, Inc 6
Ceretropic 74
Nootropic Source 75
Clarity Nootropics 76
Liftmode 77
Natural Factors Inc 78
OptiMind 79
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