Global Cognition Supplements Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Cognition Supplements Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Product Type (Natural Molecules, Herbal Extract, and Vitamins and Minerals), Form (Chewable, and Capsules), Distribution Channel (Supermarket/Hypermarket, Medical Stores, Online Retail Stores, and Other Distribution Channels), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Cognition Supplements Market was valued at USD 10,357.4 million in 2023 and is expected to reach USD 28,124.9 million by 2031 while growing at a CAGR of 13.3% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global cognition supplements market growth. Cognition supplements, also referred to as cognitive enhancers or nootropics, are dietary supplements formulated to boost and support cognitive function. Typically comprising vitamins, minerals, herbs, amino acids, and other natural or synthetic compounds, these supplements aim to positively impact processes like memory, attention, concentration, and overall mental clarity.
Increasing aging population and growing awareness of brain health drive the growth of the cognition supplements market. However, obstacles like limited scientific evidence and regulatory scrutiny may hinder its expansion.
Furthermore, the global cognition supplements industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Product Type Analysis
The Global Cognition Supplements Market is segmented among Natural Molecules, Herbal Extract, and Vitamins and Minerals, based on Product Type. In 2023, Natural Molecules accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Form Analysis
The Global Cognition Supplements Market is segmented among Chewable, and Capsules, based on Form. In 2023, Capsules accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Cognition Supplements Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Europe is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Accelerated Intelligence, HVMN Inc., Onnit Labs, Inc., Liquid Health, Inc., Quincy Bioscience - The Makers of Prevagen, Natural Factors Inc., Jarrow Formulas, Inc., and Cerebral Success.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Cognition Supplements Market Dynamics
Drivers
Restraints
Opportunity
4. Global Cognition Supplements Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Cognition Supplements Market Segmentation, By Product Type
Global Cognition Supplements Market Share Analysis, By Product Type
Global Cognition Supplements Market Growth Analysis, By Product Type
Global Cognition Supplements Market Trends, By Product Type
o Natural Molecules
o Herbal Extract
o Vitamins & Minerals
6. Global Cognition Supplements Market Segmentation, By Form
Global Cognition Supplements Market Share Analysis, By Form
Global Cognition Supplements Market Growth Analysis, By Form
Global Cognition Supplements Market Trends, By Form
o Chewable
o Capsules
7. Global Cognition Supplements Market Segmentation, By Distribution Channel
Global Cognition Supplements Market Share Analysis, By Distribution Channel
Global Cognition Supplements Market Growth Analysis, By Distribution Channel
Global Cognition Supplements Market Trends, By Distribution Channel
o Supermarkets/Hypermarkets
o Medical Stores
o Online Retail Stores
o Other Distribution Channels
8. Global Cognition Supplements Market Segmentation, By Region
Global Cognition Supplements Market Share Analysis, By Region
Global Cognition Supplements Market Growth Analysis, By Region
Global Cognition Supplements Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
Accelerated Intelligence*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
HVMN Inc.
Onnit Labs, Inc.
Liquid Health, Inc.
Quincy Bioscience - The Makers of Prevagen
Natural Factors Inc.
Jarrow Formulas, Inc.
Cerebral Success
*Similar analysis will be provided for each company listed above.