United States Brain Health Supplements Market Is Driven By Rising Geriatric Population

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The United States Brain health supplements market comprises products that help enhance cognitive functions like memory, focus, and problem-solving abilities through natural ingredients.

These supplements contain components like omega-3 fatty acids, vitamins, minerals, plant extracts, and other nutrients that support brain health and delay mental decline. The increasing aging population, high occurrence of age-related cognitive diseases, and growing awareness about brain health are fueling the demand for brain health supplements in the country.

The United States Brain Health Supplements Market is estimated to be valued at US$ 3,309.3 Mn in 2024 and is expected to exhibit a CAGR of 9.4% over the forecast period 2024-2031.

Key Takeaways

Key players operating in the United States Brain Health Supplements market are Alternascript, Accelerated Intelligence, Inc., Liquid Health, Procera Health, Quincy Bioscience, ADM, and Natural Factors Nutritional Products Ltd. The rising Geriatric population susceptible to cognitive disorders and growing consumer awareness about dietary supplements for brain health are ...
... propelling the demand in the United States. Several key players are engaging in new product launches, expanding their manufacturing units, and enhancing their distribution networks globally to cater to the growing demand.

Market Drivers

The rising Geriatric population is the major driver bolstering the demand for brain health supplements in the United States. As people age, their risk of developing neurodegenerative diseases and facing cognitive issues increases. Around 16% of the U.S. population was aged 65 and above in 2020. This geriatric group is more inclined towards consuming supplements to enhance brain functions. Besides, hectic lifestyles, increased stress levels, and unhealthy diets have led to growing cases of mental decline at younger ages too. This has amplified the requirement for foods and beverages fortified with brain-boosting ingredients like omega-3 fatty acids, vitamins, and plant extracts.

Geopolitical Impact on U.S. Brain Health Supplement Market Growth

The United States brain health supplement market is witnessing a phase of strong growth. However, geopolitical tensions pose challenges. Ongoing global crises could disrupt supply chains and hamper the availability of key raw materials used in supplements. Rising raw material prices driven by such issues exert inflationary pressures on production costs for manufacturers. This may temporarily impact market expansion if companies are unable to pass on higher costs to consumers. Meanwhile, economic uncertainty arising from geopolitical risks could weaken consumer spending on the non-essential wellness category. To mitigate risks, companies must develop multiple vendor partnerships and inventory management strategies. Suppliers in politically volatile regions also need contingency sourcing plans. Broadening production and logistics footprints will help businesses ward off potential disruption from future crises.

Central U.S. Hub for Brain Health Supplement Market Value

The central U.S. region, comprising states like Texas, Colorado, Kansas, Missouri and Illinois, accounts for the largest share of the brain health supplement market in terms of value. This area hosts a sizable health-conscious, middle-aged population that is increasingly conscious about cognitive health issues. Major metropolitan centers within this region have grown wealthier in recent years, fueling higher spending on wellness and dietary supplements. Additionally, the central region is home to headquarters of several leading supplement retailers, distributors and manufacturers. Their concentration here has made this U.S. hub an important market for new product launches and trials.

Southwest U.S. - Fastest Growing Regional Market

The southwest U.S., which covers states such as California, Arizona, New Mexico and Nevada, has emerged as the fastest expanding regional market for brain health supplements. California's large, ethnically diverse populace drives much of the region's dynamic growth. Additionally, the widespread presence of the tech industry in the southwest has raised awareness about cognitive issues among residents. Younger demographic profiles in booming hubs like Austin and Phoenix translate to stronger future demand. Rising health consciousness among Hispanic communities further augurs well for long-term market prospects in this strategically important southwest region.

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About Author:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)

What Are The Key Data Covered In This United States Brain Health Supplements Market Report?

:- Market CAGR throughout the predicted period

:- Comprehensive information on the aspects that will drive the United States Brain Health Supplements's growth between 2024 and 2031.

:- Accurate calculation of the size of the United States Brain Health Supplements and its contribution to the market, with emphasis on the parent market

:- Realistic forecasts of future trends and changes in consumer behaviour

:- United States Brain Health Supplements Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa

:- A complete examination of the market's competitive landscape, as well as extensive information on vendors

:- Detailed examination of the factors that will impede the expansion of United States Brain Health Supplements vendors

FAQ’s

Q.1 What are the main factors influencing the United States Brain Health Supplements?

Q.2 Which companies are the major sources in this industry?

Q.3 What are the market’s opportunities, risks, and general structure?

Q.4 Which of the top United States Brain Health Supplements companies compare in terms of sales, revenue, and prices?

Q.5 Which businesses serve as the United States Brain Health Supplements’s distributors, traders, and dealers?

Q.6 How are market types and applications and deals, revenue, and value explored?

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