Cognition Supplements Market by Application and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR44690

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 Cognition Supplements Market - 2021-2025

The cognition supplements market size is expected to reach a value of USD 4.55 billion, at a CAGR of 13.93%, during 2021-2025. This research study helps in a deep understanding of the underlying forces driving the market growth and current and potential target customers across segmentations. According to our comprehensive survey, factors such as increasing proportion of the geriatric population is projected to significantly support market growth during the forecast period. View our sample report for insights on the latest trends and challenges that will have a far-reaching effect on the market growth.

Cognition Supplements Market Size

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Cognition Supplements Market Segments

Get actionable insights on the cognition supplements market segments to generate successful ROIs and focus your business strategy efforts where they are most likely to be effective. Navigate through market segmentation by application (memory enhancement, mood and depression alleviation, attention and focus improvement, and others) and geography (North America, Europe, APAC, South America, and MEA) in this cognition supplements market report to pursue growth opportunities. 

Also, our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities for subsequent recovery. Want a thorough qualitative and quantitative analysis on the post-pandemic cognition supplements market predictions on-demand changes for 2021-2025? You can buy the report now with one easy click.

Cognition Supplements Market Vendors and Competitive Analysis

The cognition supplements market size report discusses the current market structure in-depth and how it will shape up during the forecast period based on the entry and exit of market players. At present, the cognition supplements market is fragmented and the vendors are deploying growth strategies such as the expansion of production plants and the acquisition of local companies to gain a competitive advantage. Take a look at our sample report to get an idea of the well-thought-out business planning approaches of key players.

The cognition supplements market share report highlights the repercussions of the effects of the pandemic across regions and segments, and the entire value chain. To make the most of the emerging opportunities and recover from adverse COVID-19 shock, the market vendors should focus more on leveraging change in consumer behavior and growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Click here to get COVID-19 impact update.

Buy the full cognition supplements market forecast report for detailed insights on complete key vendor profiles. The profiles include information on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis.

Cognition Supplements Market Vendors

Cognition Supplements Market - Region Opportunities 2021-2025

35% of the cognition supplements market growth will originate from North America during the forecast period. The US is the key market for cognition supplements market in North America. To unlock exclusive information on potential business locations and understand the demographics of current and prospective customers buy the report now!

Cognition Supplements Market Share by Geography

North America has been exhibiting a significant growth rate for cognition supplements market vendors. Factors such as the increasing health consciousness among the people in the region and the rising disposable income of individuals are accelerating the cognition supplements market growth in North America. To view our in-depth analytical review on the micro and macroeconomic factors impacting businesses in the regions click here.

The cognition supplements market share growth in North America will be slower than the growth of the market in APAC. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

Cognition Supplements Market Insights by Application

Cognition Supplements Market Share by Application

To gain further insights on the market contribution of various segments Request for a FREE Sample!

According to our market segmentation data analysis, the memory enhancement segment is expected to be a significant contributor to the growth of the cognition supplements market share during the forecast period. The growing prevalence of memory loss ailment and the rising adoption of preventive medicine and dietary supplements are expected to drive the growth of the memory enhancement segment during 2021-2025. Also, individuals such as college students and young professionals are using these supplements to improve their recall and memory power due to which cognition supplements for memory enhancement are expected to grow further during the forecast period. This report provides an accurate prediction of the revenue share of all the segments to the growth of the cognition supplements market size.

From the cognition supplements market segmentation insights, players can achieve maximum market response by understanding the target consumers. The analytical data on the segmentations will allow vendors to position their services and products among the right audiences and gain significant exposure and growth. Also, get updated actionable market insights on post COVID-19 impact on each segment.

Cognition Supplements Market Drivers & Trends

Even if the success rate of a business is higher, every factor, including challenges, influencing any market growth needs to be considered to mitigate potential risks at an earlier development stage. One of the key factors impeding the cognition supplements market growth is lack of awareness about cognition supplements. Purchase our express report to get exhaustive insights on the key industry trends, drivers, and challenges, which will help companies evaluate and build growth strategies.

The growth in the proportion of the geriatric population is a global phenomenon. Due to improper diet and the absence of physical activity, people in the modern world are experiencing adverse effects on their health, leading to major health issues. These issues are more prevalent in older or geriatric people. Older people are more prone to age-related diseases and dementia and to audio and video memory lapses owing to the lack of physical activities and improper diets. The consumption of cognition supplements helps in maintaining complete nutrition, thus reducing the risk of loss of brain functions. Therefore, with an increase in the older adult population around the world, there will be a growth in the demand for brain health supplements in the coming years to meet the basic brain functioning requirements.

Technavio research analysts have done an in-depth analysis of the cognition supplements market trends, drivers, and challenges in terms of their long-term and short-term effects. This data will help players map their growth prospects across key and emerging markets.

 

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Cognition Supplements Market Report Outlook

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive cognition supplements market growth during the next five years
  • Precise estimation of the cognition supplements market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the cognition supplements market across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of cognition supplements market vendors

Buy the Cognition Supplements Market report now to reimage your business strategies!

 

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The cognition supplements market growth will increase by $4094.44 million during 2019-2024.
The cognition supplements market is expected to grow at a CAGR of 13.94% during 2019-2024.
Technavio has segmented the cognition supplements market by application (Memory enhancement, Mood and depression alleviation, Attention and focus improvement, and Others) and geographic (North America, Europe, APAC, South America, and MEA).
Amway Corp., Archer Daniels Midland Co., Arkopharma Laboratories, BASF SE, Bayer AG, Glanbia Plc, GNC Holdings Inc., Herbalife Nutrition Ltd., Lonza Group Ltd., NOW Health Group Inc. are a few of the key vendors in the cognition supplements market.
North America will register the highest growth rate of 34.49% among the other regions. Therefore, the cognition supplements market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the cognition supplements market growth are:
  • Increasing proportion of geriatric population
The cognition supplements market vendors should focus on grabbing business opportunities from the memory enhancement segment as it accounted for the largest market share in the base year.
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