Cognition Supplements Market Size, Growth, In-depth Analysis, Research Report Forecast up to 2028: Key Players are Onnit Labs, Inc. and Liquid Health, Inc.

The growing awareness of mental well-being and the rising geriatric population are the prime factors propelling the cognitive supplements market growth.

As per the report, the cognition supplements market is expected to grow steadily.

Cognitive supplements are a blend of nutrients, probiotics, and herbal extracts that positively impact the brain function of a healthy person. As the brain ages, it is more susceptible to oxidation and inflammation, which causes free radical damage to the brain's cells and can lead to memory loss. Many elderly people have started using cognitive supplements that promote brain health to reduce their risk of cognitive deterioration. The growing geriatric population is expected to boost the demand for cognition supplements. According to a survey by the Harvard Medical School in 2020, about 25% of people over the age of 50 use a supplement to improve their focus, memory, attention, and brain health. According to WHO 2022 data, one in every six people will be 60 or older, and the global population of people aged 60 and above will double by 2050. The popularity of cognitive supplements is increasing as people become more conscious of their mental health, sleep health, mood health, and stress management by providing nutrients and compounds that support brain function. The global market prospects are positively impacted by the rising prevalence of mental health conditions, including anxiety and depression. The growing awareness about mental health accelerates the demand for cognition supplements. According to the WHO, in 2021, about 5% of the global adult population is suffering from depression. In 2020, according to the Anxiety & Depression Association of America, 40 million adults, or about 19.1%, experienced anxiety in the United States.

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The cognition supplements market has been categorized based on product type, form, distribution channel, and geography. Based on the product type, the market has been segmented into natural molecules, herbal extracts, and vitamins & minerals.

The market has been segmented based on the form into chewable and capsules. In addition, based on the distribution channel, the market has been segmented into supermarkets/hypermarkets, medical stores, online retail stores, and other distribution channels.

By region, North America is expected to retain a considerable share of the cognitive supplement market due to the growing geriatric population in countries such as Canada and the United States. The expansion of new companies with innovative goods and the presence of significant market players in North American nations are driving the industry. In May 2021, Vitafusion launched its new supplement, "Brain Food," which contains ashwagandha, vitamins B6 and B12, and phosphatidylserine to support healthy brain function.

As a part of the report, the major players operating in the cognition supplements market that have been covered are Accelerated Intelligence, HVMN Inc., Onnit Labs, Inc., Liquid Health, Inc., Quincy Bioscience - The Makers of Prevagen, Natural Factors Inc., and Jarrow Formulas, Inc.

This cognition supplements market has been analyzed into the following segments:

• By Product Type

o Natural Molecules
o Herbal Extract
o Vitamins & Minerals

• By Form

o Chewable
o Capsules

• By Distribution Channel

o Supermarket/Hypermarket
o Medical Stores
o Online Retail Stores
o Other Distribution Channels

• By Geography

o North America

• United States
• Canada
• Mexico

o South America

• Brazil
• Argentina
• Others

o Europe

• United Kingdom
• Germany
• France
• Spain
• Others

o Middle East and Africa

• UAE
• Israel
• Saudi Arabia
• Others

o Asia Pacific

• Japan
• China
• India
• South Korea
• Thailand
• Taiwan
• Indonesia
• Others

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