Tag: wellness

Brain Health Supplements Market Trends Reflect Shift Toward Preventive Healthcare

The global brain health supplements market reached a valuation of USD 8.63 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 13.3% from 2023 to 2030. This growth is largely driven by increasing awareness around mental health concerns, including attention deficits, memory decline, anxiety, and depression. Additionally, a rising preference for natural and herbal health remedies is expected to further propel market expansion during the forecast period. The growing demand for multifunctional supplements that act as energy boosters, antidepressants, cognitive enhancers, and anxiety relievers is likely to stimulate more research and development in this space. Furthermore, heightened interest from the sports industry in improving cognitive performance among athletes is anticipated to create new growth opportunities.

Individuals involved in academic and professional settings are expected to significantly contribute to the rising demand for brain health supplements in the coming years. These products are also expected to gain traction among people dealing with various neurological conditions such as depression, dementia, anxiety, and insomnia.

A report by the World Health Organization (WHO) published in September 2021 highlighted that approximately 280 million people worldwide of all age groups suffer from depression. In the United States, anxiety disorder is one of the most prevalent mental health conditions.

According to an October 2022 report by the Anxiety & Depression Association of America, about 19.1% of U.S. adults—equivalent to 40 million individuals—experience anxiety. As awareness of mental health issues continues to grow, the application scope for brain health supplements is expected to broaden accordingly.

These supplements are also being used to manage other cognitive and age-associated conditions, including hyperactivity and Parkinson’s disease. Growing concern about mental wellness and cognitive health is anticipated to support continued market growth.

Memory-enhancing brain supplements recorded the highest market penetration in 2022. Heightened competition in both educational and professional environments has fueled demand for these products. Moreover, the increasing need to support memory retention among aging populations has further boosted market interest.

Consumers are also drawn to these supplements due to their affordability and ease of access, which are expected to continue driving product adoption and segment growth.

Initially focused on aging baby boomers aiming to delay or prevent cognitive decline, cognitive enhancement supplements are now also being marketed toward millennials, a generation frequently seeking productivity-boosting solutions under high-pressure conditions.

Get a preview of the latest developments in the Global Brain Health Supplements Market! Download your FREE sample PDF today and explore key data and trends

Regional Insights
North America led the global market in 2022, accounting for over 40.1% of the total share. Demand in the region has seen notable growth, spurred by increasing health consciousness and rising interest in cognitive wellness products, particularly among younger consumers.

A survey by the American Association of Retired Persons (AARP) in June 2019 revealed that a large segment of Americans aged 50 and older regularly consume brain health supplements, primarily driven by concerns over cognitive decline and brain health.

Meanwhile, the Asia Pacific region is projected to experience the fastest growth, with a CAGR of 15.8% from 2023 to 2030. This surge is attributed to heightened awareness of supplement benefits, a preference for natural over pharmaceutical options, and a growing incidence of Alzheimer’s in countries like China, India, and Japan.

Key Players in the Global Brain Health Supplements Market Include:

  • Natural Factors Nutritional Products Ltd
  • Onnit Labs, Inc.
  • Purelife Bioscience Co., Ltd
  • Intelligent Labs
  • Accelerated Intelligence Inc.
  • NOW Foods
  • HVMN Inc.
  • Teva Pharmaceutical Industries Ltd.
  • Peak Nootropics
  • Alternascript

Gather more insights about the market drivers, restrains and growth of the Brain Health Supplements Market

Limonene Market Highlights Global Trade Opportunities and Challenges

The global limonene market is expected to reach USD 497.61 million by 2030 to grow at a CAGR of 6.0% from 2023 to 2030 as per the new report by Grand View Research, Inc. The growth is majorly driven by the increasing demand for natural and eco-friendly products, the growing popularity of citrus flavors and fragrances, and the expanding applications of the product in various industries. The food and beverage industry is expected to be the largest market for the market, as it is widely used as a flavoring agent in a variety of food and beverage product, including soft drinks, juices, and alcoholic beverages. The cosmetics and cleaning industries are also significant consumers as it is widely used as a fragrance and cleaning agent in various personal care and cleaning products.

Companies in the market are investing in research and development to develop new and innovative products, expanding their geographic reach, increasing their production capacity, and adopting a forward integration strategy to remain competitive in the market. For instance, Firmenich has developed a range of limonene-based natural flavors and fragrances, while Givaudan has developed natural and sustainable flavors and fragrances. Citrosuco is one of the largest producers of orange juice and orange peel products in the world, offering a wide range of products, including orange oil and orange peel extract.

Order a free sample PDF of the Limonene Market Intelligence Study, published by Grand View Research.

In addition, the increasing popularity of aromatherapy and essential oils is expected to create new opportunities for the market. It is widely used in aromatherapy as a natural mood enhancer, stress reliever, and immune system booster. The rising popularity of aromatherapy and the growing awareness of the benefits of essential oils are expected to drive the demand for the product in the future.

Moreover, technological advancements in the production are expected to improve efficiency and reduce costs, therefore enabling more affordable and accessible market to consumers. Furthermore, the expanding applications in the pharmaceutical and agriculture industries are expected to offer new growth opportunities for companies operating in the market. For instance, some companies are using innovative techniques such as enzyme-mediated extraction and microwave-assisted extraction to extract limonene from citrus fruits, which is more efficient and cost-effective than traditional extraction methods.

Limonene Market Report Highlights

  • Lemon is the largest source segment which accounts for 33.8% by value in 2022. On the account of its use in various industry such as personal care, pharmaceuticals, cosmetics, and cleaning products. In addition, D-limonene, which is found in lemon oils, is used to treat cancer
  • Personal Care Products are the fastest growing end-use segment with a CAGR of 6.4%, due to its health benefits which help in reducing obesity, cancer, bronchitis, and other diseases
  • It is also being used as a bio pesticide in the agriculture industry, as it has insecticidal and herbicidal properties and is considered safer and more eco-friendly than synthetic pesticides
  • Europe is the fastest growing region with a CAGR of 6.6%. As the region is home to many cosmetics & personal care manufacturers and has thriving opportunities for manufacturers as the demand for bio-based products is growing
  • Florida Chemical Company has expanded its production capacity for citrus oils and derivatives to meet the growing demand from the food and beverage, cosmetics, and cleaning industries

List of Key Players in the Limonene Market

  • Lemonconcentrate S.L.U.
  • Florida Chemical Company (acquired by ADM)
  • Banner Chemicals Limited
  • Citrus Oleo
  • Sucorrico
  • Belize Ltd.
  • Spectrum Chemical
  • Citrosuco

Gather more insights about the market drivers, restrains and growth of the Global Limonene Market

Cardiac Rehabilitation Market Key Metrics: What Investors Should Know

The global cardiac rehabilitation market size is expected to reach USD 3.3 billion by 2030, at a CAGR of 6.0% according to a new report by Grand View Research, Inc.  Rising incidence of lifestyle diseases such as cardiovascular conditions, obesity, and hyperlipidemia is one of the major factors responsible for growth. Technological innovations such as tele-cardiac rehabilitation, which means services provided from a distance using information technologies and telecommunications, are also another major driver of this market.

Furthermore, increase in number of health conscious people is boosting the cardiac rehabilitation market globally. The 2016 American College of Sports Medicine (ACSM) Worldwide Survey of Fitness Trends identified two new trends in the fitness industry, namely, flexibility & mobility rollers and smart phone exercise apps. This shows that people across the globe are becoming more health conscious and are using new products and techniques for better endurance.

Another factor propelling growth is supportive reimbursement pathways such as the Million Hearts initiative and the incentive payment model adopted by the Center for Medicare and Medicaid Services (CMS).

Access the Cardiac Rehabilitation Market Size, Share & Trends Analysis Report By Product (Treadmill, Elliptical Trainer, Stabilization Ball), By End-use (Rehabilitation Centers, Hospitals & Clinics), By Region, And Segment Forecasts, 2024 – 2030

Cardiac Rehabilitation Market Report Highlights

  • Treadmill dominated the market and accounted for a share of 24.1% in 2023. Regular exercise on treadmill reduces the risk of heart disease, enhances blood circulation and improves heart strength.
  • Blood pressure monitor is expected to witness the fastest CAGR of 6.8% during the forecast period, owing to rising prevalence of heart disease and CVDs.
  • The hospitals & clinics segment is projected to grow at the fastest CAGR of 8.5% over the forecast period
  • North America cardiac rehabilitation market held a dominant share in 2023. The U.S. cardiac rehabilitation dominated the North America market with a share of 88.4% in 2023.

Key Companies & Market Share Insights

Some of the key companies in the cardiac rehabilitation market include Omron Corporation; Ball Dynamics International, LLC; Core Health & Fitness, LLC; Koninklijke Philips N.V. (BioTelemetry Inc); GE Healthcare.

Omron is recognized for its medical devices like blood pressure monitors, digital thermometers, and nebulizers.

Order your free sample copy of “Cardiac Rehabilitation Market Report 2024 – 2030, published by Grand View Research

Key Cardiac Rehabilitation Companies:

The following are the leading companies in the cardiac rehabilitation market. These companies collectively hold the largest market share and dictate industry trends.

  • Ball Dynamics International, LLC
  • Core Health & Fitness, LLC
  • Honeywell International, Inc.
  • Omron Corporation
  • Koninklijke Philips N.V. (BioTelemetry Inc)
  • ICU Medical (Smiths Group)
  • Halma plc
  • GE Healthcare
  • Technogym
  • Johnson Health Tech

Recent Developments

  • In April 2024, The Virtual Cardiac Rehabilitation (VCR) Program was launched at Northern Health. The program is expected to help in patient recovery after heart condition, procedure or event.
  • In January 2024, North Suffolk Cardiology launched Pritikin Intensive Cardiac Rehabilitation Program (ICR). The program at every patient’s visit offers patients detailed lifestyle education and access to cardiac care team in the state of art location.

About Grand View Research:

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058
Email:  sales@grandviewresearch.com

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