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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