iCrowdNewswire Jan 13, 2021 11:54 AM ET
Global Cognitive Health Ingredients Market has been segmented into vitamins and minerals, proteins and amino acids, lipids, and others.
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The global cognitive health ingredients market has been divided, by source, into animal source and plant source. The plant source segment is expected to dominate the global cognitive health ingredients market during the assessment period since the human body can absorb the nutrients of plant-based supplements easily; these supplements offer a natural smell and taste and lowered risk of toxicity. The demand for plant-based cognitive formulas is increasing among vegans and vegetarians, which is expected to further propel the growth of the plant source segment during the forecast period. The animal source segment is projected to record a higher CAGR during the assessment period as fish oils are a good source of omega-3 fatty acids for brain health promotion and meat contain a high level of amino acids which are required for the development of brain cell structure.
The global market for cognitive health ingredients has also been classified, by application, into functional food & beverages, dietary supplements, pharmaceuticals, and others. The pharmaceuticals segment is expected to generate the highest revenue due to the increasing prevalence of diseases such as dementia, Alzheimer’s, Parkinson’s, and schizophrenia. The dietary supplements segment is expected to register the highest CAGR during the assessment period owing to technological advancements in the healthcare industry and the rising adoption of preventive measures for cognitive impairment.
Some of the key players in the Global Cognitive Health Ingredients Market are YAEGAKI Bio-Industry, Inc. (Japan), MONTELOEDER (Spain), ECA HealthCare Inc. (China), NOVASTELL (France), Lianyungang RIFENG Calcium & Magnesium Co., Ltd (China), D.D. Williamson & Co., Inc. (US), BASF SE (Germany), ATUREX Group (China), BOS Natural FLAVORS (P) Ltd (India), and BIOXTRACT (India).
The North American cognitive health ingredients market is expected to grow rapidly during the assessment period due to the technological advancements in the cognitive health supplement industry. Growing awareness about preventive and curative solutions for cognitive disorders such as memory loss and anxiety in the aging population is expected to boost the growth of the regional market during the forecast period.
The global cognitive health ingredients market has been classified, by source, as animal source and plant source.
On the basis of application, the global cognitive health ingredients market has been divided into functional food & beverages, dietary supplements, pharmaceuticals, and others.
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