United States Brain Health Supplements Market is Segmented By Product Type (Herbal Extracts, Vitamins & Minerals, Natural Molecules), By Application (....
Market Size in USD Bn
CAGR9.4%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 9.4% |
Market Concentration | High |
Major Players | Unilever, Alternascript, Accelerated Intelligence, Inc., ADM, Natural Factors Nutritional Products Ltd and Among Others. |
The United States Brain Health Supplements Market is estimated to be valued at USD 3.31 Bn in 2024 and is expected to reach USD 6.21 Bn by 2031, growing at a CAGR of 9.4% from 2024 to 2031.
The rising aging population and growing awareness regarding cognitive decline in the elderly population are key drivers.
Market Driver – Rising Incidence of Depression, Stress, and Other Mental Health Conditions
The rising incidence of mental health issues such as depression and stress among Americans is fueling the growth of the brain health supplements market in the United States. In the past decade, there has been a significant increase in the number of people suffering from depression and other mood disorders. According to the data from US National Institute of Mental Health, over 17 million Americans suffered from depression in 2020. Additionally, National Alliance on Mental Illness states that nearly 1 in 5 American adults live with a mental illness.
The increasing prevalence of stress and depression is mainly driven by many factors like busy lifestyles, economic uncertainty, social isolation due to pandemic etc. As per statistics by American Psychological Association, major causes for stress among Americans are work, the economy, family responsibilities and health concerns. The mental health crisis combined with growing health-consciousness among consumers has boosted the demand for brain health supplements. Products containing vitamins, minerals and herbal extracts that claim to alleviate stress, anxiety, improve cognitive abilities are finding more customers.
Market Driver – Increasing Adoption of Strategies Such as Product Launches by Key Players
The United States brain health supplements market has been witnessing significant growth over the past few years. One of the major factors contributing to this growth has been the increasing number of new product launches by some of the prominent brands in this sector. Several leading supplement companies have recently launched innovative products targeting various aspects of brain health such as memory support, focus and concentration, mood regulation, neuroprotection and more.
For example, Naturelo, one of the top brain health supplement brands in the US, launched its new line of Theracurmin supplements in 2020 containing highly bioavailable curcumin for reducing brain inflammation and enhancing cognitive functions. Similarly, Mind Lab Pro by Opti-Nutra, which contains a unique blend of nootropics, omega-3s and vitamins, saw tremendous growth after its launch in late 2021. As per the company, sales increased by over 35% year-on-year. Such successful product launches are helping create more awareness among consumers about specific benefits of different brain-boosting ingredients like curcumin, phosphatidylserine etc. which is driving overall category growth.
Market Challenge – Lack of Regulations
Lack of regulations is significantly restraining the growth of the United States brain health supplements market. Unlike the stringent regulations imposed on pharmaceutical drugs, the dietary supplement industry currently operates under very loose regulations in the US. Manufacturers are not required to register their products with the FDA or prove the efficacy or safety of their products before marketing them. This leads to inconsistencies in quality control and standardization of ingredients between different manufacturers. Many supplements flooding the market make questionable claims without sufficient scientific evidence backing them. This erodes consumer trust in the category as a whole.
With no established guidelines around permissible ingredients, purity levels, dosages or labeling norms, consumers find it challenging to discern high quality products from ones that may not deliver on promised benefits or could potentially interact negatively with prescription medications. This regulatory ambiguity creates confusion regarding the actual benefits that consumers can expect from these supplements. Several low-grade products with misleading label claims also undermine the credibility of efficacious products with research backing their ingredients.
Market Opportunity – Increasing Use of Brain Health Supplements
The increasing use of brain health supplements in the United States presents a major opportunity for growth in this market. As baby boomers enter their senior years and life expectancies continue rising, more Americans are looking to support their cognitive function through supplements. Between 2020-2023, around 10,000 Americans turned 65 every day according to data from the U.S. Census Bureau, and this graying population is increasingly concerned with maintaining brain health.
Supplements containing nutrients and compounds that may help cognition, such as omega-3s, antioxidants, vitamins B and E, are in high demand. According to a 2022 Gallup poll, over 55% of Americans aged 55 and over report using dietary supplements daily to support brain health.
Beyond concerns over typical age-related decline, pandemic-era stress and isolation have also increased interest in supporting mood and memory. Studies from the Centers of Disease Control and Prevention found between 2020-2021 nearly 40% of Americans reported symptoms of anxiety or depression, levels twice as high as pre-pandemic reports.
Insights, By Product Type: Herbal Extracts Drive Growth in Natural Molecules Segment
In terms of product type, natural molecules sub-segment contributes the highest share of 51.4% in the market, owing to increasing consumer preference for herbal extracts. Natural molecules supplements containing herbal extracts such as ginkgo biloba, bacopa monnieri and rhodiola rosea have seen rising demand in recent years. This is because consumers increasingly view herbal extracts as more natural and safer alternatives to artificial ingredients for brain health support.
Clinical research has found some herbal extracts to have neuroprotective properties and positive effects on focus, memory and mood when consumed regularly. For example, ginkgo biloba is known to support circulation to the brain and cognitive function. Growing awareness of such benefits among health-conscious consumers has driven sales of natural molecules supplements enriched with standardized herbal extracts. Furthermore, the "natural" positioning of herbal extracts appeals to consumers seeking healthier lifestyle options free from artificial or synthetic components. Looking ahead, as research further validates the brain health applications of herbal medicines, demand for natural molecules supplements containing clinically-studied botanical ingredients is expected to continue rising.
Insights, By Application: Attention and Memory Needs Fuel Focus Segment Growth
In terms of application, attention & focus sub-segment contributes the highest share of 24.7% in the market due to the widely felt needs for memory enhancement and sustained mental energy. Brain health issues affecting memory and attention span have become increasingly prevalent among adults and students alike due to demanding lifestyles and information overload in modern times. As a result, the attention & focus segment has witnessed strong growth in demand fueled by the requirements of individuals to sharpen cognitive abilities and boost productivity through better work and study performance.
Common complaints around forgetfulness, difficulty concentrating and impaired working memory have steered several consumers towards nootropic supplements targeting the brain regions and neurotransmitters involved in focus and attention. Key ingredients such as caffeine, L-theanine and omega-3 fatty acids featured in leading focus supplements are clinically proven to support memory encoding, information processing speed and mental alertness. The convenience of dietary supplements to facilitate focus anytime further augments their appeal as a performance enhancement solution. Therefore, uptake of Attention & Focus products is expected to remain elevated to address ubiquitous memory and concentration challenges at personal and professional levels.
The major players operating in the United States Brain Health Supplements Market include Alternascript, Accelerated Intelligence, Inc., Liquid Health, Procera Health, Quincy Bioscience, ADM, and Natural Factors Nutritional Products Ltd.
United States Brain Health Supplements Market
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What are the key factors hampering the growth of the United States Brain Health Supplements Market?
The lack of regulations and strong competition among existing players are the major factors hampering the growth of the United States Brain Health Supplements Market.
What are the major factors driving the United States Brain Health Supplements Market growth?
The rising incidence of depression, stress, and other mental health conditions and increasing adoption of strategies such as product launches by key players are the major factors driving the United States Brain Health Supplements Market growth.
Which is the leading Product Type in the United States Brain Health Supplements Market?
The leading Product Type segment is Natural Molecules.
Which are the major players operating in the United States Brain Health Supplements Market?
Alternascript, Accelerated Intelligence, Inc., Liquid Health, Procera Health, Quincy Bioscience, ADM, and Natural Factors Nutritional Products Ltd are the major players.
What will be the CAGR of the United States Brain Health Supplements Market?
The CAGR of the United States Brain Health Supplements Market is projected to be 9.4% from 2024-2031.