The global memory support supplement market is anticipated to be valued at USD 2,467.1 million in 2024 but by 2034 that number is forecasted to grow to USD 4,989.4 million. Demand for memory support supplements is anticipated to grow at 7.3% through the ensuing decade.
Attributes | Key Insights |
---|---|
Estimated Global Memory Support Supplement Market Size (2024E) | USD 2,467.1 million |
Projected Memory Support Supplement Market Value (2034F) | USD 4,989.4 million |
Value-based CAGR (2024 to 2034) | 7.3% |
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Global memory support supplement sales grew at a CAGR of 6.1% from 2019 to 2023.
Through 2034, the memory support supplement market is projected to grow at 7.3% CAGR.
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The table below shows the estimated growth rates of the top four countries. The United States, Germany, and India are set to record high CAGRs of 4.5%, 6.7%, and 7.6%, respectively, through 2034.
Countries | Value-based CAGR (2024 to 2034) |
---|---|
United States | 4.5% |
China | 3.7% |
India | 7.6% |
Germany | 6.7% |
The United States memory support supplement industry is predicted to register a CAGR of 4.5% through 2034. Key factors deciding the upward trajectory are:
Demand for the product in China is set to advance at a CAGR of 3.7% during the projected period, highlighting steady gains. A number of factors influence the industry in China, including:
The market is in line to book a CAGR of 6.7% in Germany. Factors responsible for the solid growth include:
The Indian market is supposed to register a CAGR of 7.6% for the forecast period. Some of the key factors are enumerated below:
Demand for memory support supplements is increasing steadily in the United Kingdom. Emerging patterns in the United Kingdom market are as follows:
The below section shows the natural segment dominating by ingredient type. The segment is predicted to reach USD 1,537.0 million in 2024. Based on form, the capsules/tablets segment is anticipated to total USD 1,428.5 million in 2024.
Top Segments | Estimated Market Value (2024) |
---|---|
Natural (Ingredient Type) | USD 1,537.0 million |
Over-the-Counter (Product category) | USD 1,838.0 million |
Capsules/Tablets (Form) | USD 1,428.5 million |
Health Food Stores (Distribution Channel) | USD 750.0 million |
Leading pharmaceutical companies dominate the cognitive health market. They are investing in research and development to introduce novel memory supplements. Innovative start-ups and niche players disrupt the market by focusing on natural and holistic approaches.
Leading memory support supplement manufacturers invest in research and development to create tailored formulations for specific needs. Partnerships and distribution agreements are a common strategy in the industry. Other organic strategies include an increase in advertising activities and celebrity endorsements.
For instance
The market is set to reach USD 2,467.1 million in 2024.
Demand for memory support supplements is slated to expand at a 7.3% CAGR by 2034.
The market is set to reach USD 4,989.4 million in 2034.
Mindbodygreen, Bulletproof, and Qualia are the key players.
Capsules/tablets segment is estimated to hold a significant market share in 2024.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Wheel of Fortune
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition of Memory Support Supplements
3. Market Dynamics
3.1. Drivers
3.1.1. Supply Side Drivers
3.1.2. Demand Side drivers
3.1.3. Economic Side Drivers
3.2. Restraints
3.3. Opportunity
3.4. Market trends By Region
3.5. Product Launches
3.6. Product Claims & Nutritional Information Scan by Buyers
3.7. Macro-Economic Factors
3.8. Forecast Factors - Relevance & Impact
4. Regulations
4.1. Packaging & Labelling Regulations
4.2. Certifications and Certifying Agency Overview
4.3. Import/Export Policies
4.4. Formula Requirements
4.5. Standards as per institutions
4.5.1. FDA
4.5.2. USDA
4.5.3. FASSAI
4.5.4. EU Commissions
5. Global Market - Pricing Analysis
5.1. Price Point Assessment by Region
5.1.1. Manufacturer Level Pricing
5.1.2. Distributor Level Pricing
5.1.3. Retailer Level Pricing
5.2. Price Point Assessment By Form
5.3. Factors Influencing Price
6. Value Chain Analysis
6.1. Operating margins at each node of supply chain
6.2. List of Active Market Participants
6.2.1. Raw Material Suppliers
6.2.2. Product Manufacturers
7. Global Market Size (in Value (US$ million) and Volume (Units) Analysis 2019 to 2023 and Forecast, 2024 to 2034
7.1. Historical Market Size (in Value (US$ million) and Volume (Units) Analysis, 2019 to 2023
7.2. Current and Future Market Size (in Value (US$ million) and Volume (Units) Analysis, 2024 to 2034
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Ingredient Type
8.1. Introduction / Key Findings
8.2. Historical Market Size (in Value (US$ million) and Volume (Units) Analysis By Ingredient Type, 2019 to 2023
8.3. Current and Future Market Size (in Value (US$ million) and Volume (Units) Analysis and Forecast By Ingredient Type, 2024 to 2034
8.3.1. Natural
8.3.1.1. Panax Ginseng
8.3.1.2. Ginkgo Biloba
8.3.1.3. Asiatic Pennywort
8.3.1.4. Ashwagandha
8.3.1.5. Bacopa Monnieri
8.3.1.6. Guarana
8.3.1.7. Eleuthero
8.3.1.8. Rhodiola Rosea
8.3.1.9. Schisandra Chinensis
8.3.1.10. Others (Maca, etc.)
8.3.2. Synthetic
8.3.2.1. Racetams
8.3.2.2. Modafinil
8.3.2.3. Sunifiram
8.3.2.4. Phosphatidylserine
8.3.2.5. Choline
8.3.2.6. DMAE
8.3.2.7. Unifiram
8.3.2.8. Hydrafinil
8.3.2.9. Citicoline
8.3.2.10. Others (Adranfinil, etc.)
8.4. Market Attractiveness Analysis By Ingredient Type
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product Category
9.1. Introduction / Key Findings
9.2. Historical Market Size (in Value (US$ million) and Volume (Units) Analysis By Product Category, 2019 to 2023
9.3. Current and Future Market Size (in Value (US$ million) and Volume (Units) Analysis and Forecast By Product Category, 2024 to 2034
9.3.1. Prescribed
9.3.2. Over-the-Counter
9.4. Market Attractiveness Analysis By Product Category
10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Form
10.1. Introduction / Key Findings
10.2. Historical Market Size (in Value (US$ million) and Volume (Units) Analysis By Form, 2019 to 2023
10.3. Current and Future Market Size (in Value (US$ million) and Volume (Units) Analysis and Forecast By Form, 2024 to 2034
10.3.1. Capsules/Tablets
10.3.2. Powder
10.3.3. Drinks
10.3.4. Gummy
10.4. Market Attractiveness Analysis By Form
11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Distribution Channel
11.1. Introduction / Key Findings
11.2. Historical Market Size (in Value (US$ million) and Volume (Units) Analysis By Distribution Channel, 2019 to 2023
11.3. Current and Future Market Size (in Value (US$ million) and Volume (Units) Analysis and Forecast By Distribution Channel, 2024 to 2034
11.3.1. Health Food Stores
11.3.2. Pharmacies and Drugstores
11.3.3. Professional Healthcare Practitioners
11.3.4. Nutrition Stores
11.3.5. Healthcare Professionals
11.3.6. Online Retailers
11.4. Market Attractiveness Analysis By Distribution Channel
12. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
12.1. Introduction
12.2. Historical Market Size (in Value (US$ million) and Volume (Units) Analysis By Region, 2019 to 2023
12.3. Current Market Size (in Value (US$ million) and Volume (Units) Analysis and Forecast By Region, 2024 to 2034
12.3.1. North America
12.3.2. Latin America
12.3.3. Europe
12.3.4. East Asia
12.3.5. South Asia
12.3.6. Oceania
12.3.7. Middle East & Africa
12.4. Market Attractiveness Analysis By Region
13. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034
13.1. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
13.2. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034
13.2.1. By Country
13.2.1.1. United States
13.2.1.2. Canada
13.2.2. By Ingredient Type
13.2.3. By Product Category
13.2.4. By Form
13.2.5. By Distribution Channel
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Ingredient Type
13.3.3. By Product Category
13.3.4. By Form
13.3.5. By Distribution Channel
13.4. Market Trends
13.5. Key Market Participants - Intensity Mapping
13.6. Drivers and Restraints - Impact Analysis
14. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034
14.1. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
14.2. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034
14.2.1. By Country
14.2.1.1. Brazil
14.2.1.2. Mexico
14.2.1.3. Colombia
14.2.1.4. Argentina
14.2.1.5. Rest of Latin America
14.2.2. By Ingredient Type
14.2.3. By Product Category
14.2.4. By Form
14.2.5. By Distribution Channel
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Ingredient Type
14.3.3. By Product Category
14.3.4. By Form
14.3.5. By Distribution Channel
14.4. Market Trends
14.5. Key Market Participants - Intensity Mapping
14.6. Drivers and Restraints - Impact Analysis
15. Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034
15.1. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
15.2. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034
15.2.1. By Country
15.2.1.1. Germany
15.2.1.2. United Kingdom
15.2.1.3. France
15.2.1.4. Italy
15.2.1.5. Spain
15.2.1.6. BENELUX
15.2.1.7. Nordic
15.2.1.8. Russia
15.2.1.9. Poland
15.2.1.10. Rest of Europe
15.2.2. By Ingredient Type
15.2.3. By Product Category
15.2.4. By Form
15.2.5. By Distribution Channel
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Ingredient Type
15.3.3. By Product Category
15.3.4. By Form
15.3.5. By Distribution Channel
15.4. Market Trends
15.5. Key Market Participants - Intensity Mapping
15.6. Drivers and Restraints - Impact Analysis
16. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034
16.1. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
16.2. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034
16.2.1. By Country
16.2.1.1. China
16.2.1.2. Japan
16.2.1.3. South Korea
16.2.2. By Ingredient Type
16.2.3. By Product Category
16.2.4. By Form
16.2.5. By Distribution Channel
16.3. Market Attractiveness Analysis
16.3.1. By Country
16.3.2. By Ingredient Type
16.3.3. By Product Category
16.3.4. By Form
16.3.5. By Distribution Channel
16.4. Market Trends
16.5. Key Market Participants - Intensity Mapping
16.6. Drivers and Restraints - Impact Analysis
17. South Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034
17.1. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
17.2. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034
17.2.1. By Country
17.2.1.1. India
17.2.1.2. Thailand
17.2.1.3. Malaysia
17.2.1.4. Indonesia
17.2.1.5. Singapore
17.2.1.6. Rest of South Asia
17.2.2. By Ingredient Type
17.2.3. By Product Category
17.2.4. By Form
17.2.5. By Distribution Channel
17.3. Market Attractiveness Analysis
17.3.1. By Country
17.3.2. By Ingredient Type
17.3.3. By Product Category
17.3.4. By Form
17.3.5. By Distribution Channel
17.4. Market Trends
17.5. Key Market Participants - Intensity Mapping
17.6. Drivers and Restraints - Impact Analysis
18. Oceania Market Analysis 2019 to 2023 and Forecast 2024 to 2034
18.1. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
18.2. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034
18.2.1. By Country
18.2.1.1. Australia
18.2.1.2. New Zealand
18.2.2. By Ingredient Type
18.2.3. By Product Category
18.2.4. By Form
18.2.5. By Distribution Channel
18.3. Market Attractiveness Analysis
18.3.1. By Country
18.3.2. By Ingredient Type
18.3.3. By Product Category
18.3.4. By Form
18.3.5. By Distribution Channel
18.4. Market Trends
18.5. Key Market Participants - Intensity Mapping
18.6. Drivers and Restraints - Impact Analysis
19. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034
19.1. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
19.2. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034
19.2.1. By Country
19.2.1.1. UAE
19.2.1.2. Saudi Arabia
19.2.1.3. Other GCC Countries
19.2.1.4. North Africa
19.2.1.5. South Africa
19.2.1.6. Central Africa
19.2.2. By Ingredient Type
19.2.3. By Product Category
19.2.4. By Form
19.2.5. By Distribution Channel
19.3. Market Attractiveness Analysis
19.3.1. By Country
19.3.2. By Ingredient Type
19.3.3. By Product Category
19.3.4. By Form
19.3.5. By Distribution Channel
19.4. Market Trends
19.5. Key Market Participants - Intensity Mapping
19.6. Drivers and Restraints - Impact Analysis
20. Country-level Market Analysis, 2024
20.1. United States Market Analysis
20.1.1. By Ingredient Type
20.1.2. By Product Category
20.1.3. By Form
20.1.4. By Distribution Channel
20.2. Canada Market Analysis
20.2.1. By Ingredient Type
20.2.2. By Product Category
20.2.3. By Form
20.2.4. By Distribution Channel
20.3. Brazil Market Analysis
20.3.1. By Ingredient Type
20.3.2. By Product Category
20.3.3. By Form
20.3.4. By Distribution Channel
20.4. Mexico Market Analysis
20.4.1. By Ingredient Type
20.4.2. By Product Category
20.4.3. By Form
20.4.4. By Distribution Channel
20.5. Colombia Market Analysis
20.5.1. By Ingredient Type
20.5.2. By Product Category
20.5.3. By Form
20.5.4. By Distribution Channel
20.6. Argentina Market Analysis
20.6.1. By Ingredient Type
20.6.2. By Product Category
20.6.3. By Form
20.6.4. By Distribution Channel
20.7. Germany Market Analysis
20.7.1. By Ingredient Type
20.7.2. By Product Category
20.7.3. By Form
20.7.4. By Distribution Channel
20.8. United Kingdom Market Analysis
20.8.1. By Ingredient Type
20.8.2. By Product Category
20.8.3. By Form
20.8.4. By Distribution Channel
20.9. France Market Analysis
20.9.1. By Ingredient Type
20.9.2. By Product Category
20.9.3. By Form
20.9.4. By Distribution Channel
20.10. Italy Market Analysis
20.10.1. By Ingredient Type
20.10.2. By Product Category
20.10.3. By Form
20.10.4. By Price Range
20.10.5. By Distribution Channel
20.11. Spain Market Analysis
20.11.1. By Ingredient Type
20.11.2. By Product Category
20.11.3. By Form
20.11.4. By Distribution Channel
20.12. Belgium Market Analysis
20.12.1. By Ingredient Type
20.12.2. By Product Category
20.12.3. By Form
20.12.4. By Distribution Channel
20.13. Netherlands Market Analysis
20.13.1. By Ingredient Type
20.13.2. By Product Category
20.13.3. By Form
20.13.4. By Distribution Channel
20.14. Nordic Market Analysis
20.14.1. By Ingredient Type
20.14.2. By Product Category
20.14.3. By Form
20.14.4. By Distribution Channel
20.15. Russia Market Analysis
20.15.1. By Ingredient Type
20.15.2. By Product Category
20.15.3. By Form
20.15.4. By Distribution Channel
20.16. Poland Market Analysis
20.16.1. By Ingredient Type
20.16.2. By Product Category
20.16.3. By Form
20.16.4. By Distribution Channel
20.17. Ukraine Market Analysis
20.17.1. By Ingredient Type
20.17.2. By Product Category
20.17.3. By Form
20.17.4. By Distribution Channel
20.18. China Market Analysis
20.18.1. By Ingredient Type
20.18.2. By Product Category
20.18.3. By Form
20.18.4. By Distribution Channel
20.19. Japan Market Analysis
20.19.1. By Ingredient Type
20.19.2. By Product Category
20.19.3. By Form
20.19.4. By Distribution Channel
20.20. South Korea Market Analysis
20.20.1. By Ingredient Type
20.20.2. By Product Category
20.20.3. By Form
20.20.4. By Distribution Channel
20.21. India Market Analysis
20.21.1. By Ingredient Type
20.21.2. By Product Category
20.21.3. By Form
20.21.4. By Distribution Channel
20.22. Thailand Market Analysis
20.22.1. By Ingredient Type
20.22.2. By Product Category
20.22.3. By Form
20.22.4. By Distribution Channel
20.23. Malaysia Market Analysis
20.23.1. By Ingredient Type
20.23.2. By Product Category
20.23.3. By Form
20.23.4. By Distribution Channel
20.24. Indonesia Market Analysis
20.24.1. By Ingredient Type
20.24.2. By Product Category
20.24.3. By Form
20.24.4. By Distribution Channel
20.25. Singapore Market Analysis
20.25.1. By Ingredient Type
20.25.2. By Product Category
20.25.3. By Form
20.25.4. By Distribution Channel
20.26. Australia Market Analysis
20.26.1. By Ingredient Type
20.26.2. By Product Category
20.26.3. By Form
20.26.4. By Distribution Channel
20.27. New Zealand Market Analysis
20.27.1. By Ingredient Type
20.27.2. By Product Category
20.27.3. By Form
20.27.4. By Distribution Channel
20.28. UAE Market Analysis
20.28.1. By Ingredient Type
20.28.2. By Product Category
20.28.3. By Form
20.28.4. By Distribution Channel
20.29. Saudi Arabia Market Analysis
20.29.1. By Ingredient Type
20.29.2. By Product Category
20.29.3. By Form
20.29.4. By Distribution Channel
20.30. North Africa Market Analysis
20.30.1. By Ingredient Type
20.30.2. By Product Category
20.30.3. By Form
20.30.4. By Distribution Channel
20.31. South Africa Market Analysis
20.31.1. By Ingredient Type
20.31.2. By Product Category
20.31.3. By Form
20.31.4. By Distribution Channel
20.32. Central Africa Market Analysis
20.32.1. By Ingredient Type
20.32.2. By Product Category
20.32.3. By Form
20.32.4. By Distribution Channel
21. Market Structure Analysis
21.1. Global Market Competition - a Dashboard View
21.2. Industry Structure Analysis
21.2.1. % tier 1 market players
21.2.2. % tier 2 market players
21.2.3. % tier 3 market players
21.3. Global Market Company Share Analysis
21.3.1. For Tier 1 Market Players, 2024
21.3.2. Company Market Share Analysis of Top 5 Players, By Region
22. Competition Analysis
22.1. Competition Deep Dive
22.1.1. Onnit Labs
22.1.1.1. Product Portfolio
22.1.1.2. Product Claim
22.1.1.3. Revenue by Market Segments (Product/Channel/Region)
22.1.1.4. Sales Footprint
22.1.1.5. Strategy Overview
22.1.1.5.1. Marketing Strategy
22.1.1.5.2. Product Strategy
22.1.1.5.3. Channel Strategy
22.1.1.6. SWOT Analysis
22.1.2. Mental Mojo LLC
22.1.3. NooCube
22.1.4. Mind Lab Pro
22.1.5. TruBrain
22.1.6. Peak Nootropics
22.1.7. Zhou Nutrition
22.1.8. Kimera Koffee
22.1.9. Neu Drink
22.1.10. Accelerated Intelligence Inc
22.1.11. AlternaScript LLC
22.1.12. Cephalon Inc.
22.1.13. SupNootropic bio co. ltd.
22.1.14. Teva Pharmaceutical Industries Ltd
22.1.15. Nootrobox Inc
22.1.16. Others (On Additional Request)
23. Assumptions and Acronyms Used
24. Research Methodology
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