Market Trends of Cognition Supplements Industry
This section covers the major market trends shaping the Cognition Supplements Market according to our research experts:
Growing Demand for Dietary Supplements
The rising geriatric population has created ample opportunities for the dietary supplement manufacturers as most old age people cannot meet their Recommended Dietary Allowances (RDA) because of insufficient dietary intake which results in increasing the dietary supplement including cognition supplements. Moreover, the growing importance of health as a lifestyle choice has attracted many companies to enter into the vitamin, mineral, and botanical segments of the market studied. Thus, the intense focus on the preventive healthcare system, coupled with robust endorsements and marketing efforts of lifestyle enhancement products, is driving the dietary supplements market.
North America holds a Significant Market Share in the Market Studied
North America holds a significant market share in the cognition supplements market as the demand in the region is predicted to rise due to an increasing number of product launches having herbal and natural ingredients, thereby contributing to the growth of the market in the region. Asia Pacific is expected to expand at the highest CAGR over the forecast period, on account of rising demand for the herbal products. China is a major country contributing to increasing demand in the Asia-Pacific market.
