Phosphatidylserine Is Estimated To Witness High Growth Owing To Increasing Demand For Brain Health Supplements
SWOT Analysis
Strength: Phosphatidylserine improves brain and cognitive functions. It also enhances memory, learning ability and concentration. Phosphatidylserine play an important role in improving mood and reducing depression. It helps in maintaining a healthy cell membrane structure and function.
Weakness: Research indicates that Phosphatidylserine supplements may cause side effects such as nausea, diarrhea, and stomach discomfort in some people. Phosphatidylserine are derived from animal sources or soybean which may cause allergy to some people.
Opportunity: Increasing prevalence of Alzheimer's disease and dementia related conditions across the globe offers lucrative opportunities for phosphatidylserine market. Growing health awareness among consumer regarding cognitive health benefits of phosphatidylserine supplements further augments the market growth.
Threats: Stringent government regulations regarding use of animal or plant sourced ingredients in supplements may hamper the growth of phosphatidylserine market. Also, availability of alternative brain supplement products poses threat to phosphatidylserine market.
Key Takeaways
Global Phosphatidylserine Market Size is expected to witness high growth, exhibiting CAGR of 6.3% over the forecast period, due to increasing consumer preference for supplements that support mental well-being and cognitive functions.
Regional analysis: The North America region currently dominates the phosphatidylserine market owing to growing geriatric population and increasing prevalence of Alzheimer's disease. Asia Pacific is expected to be the fastest growing market for phosphatidylserine driven by rising health consciousness and growing disposable income in developing economies like China and India.
Key players: Key players operating in the phosphatidylserine market are Solgar Inc., Nature's Way Products LLC, Wuhan Demekai Biotechnology Co. Ltd., Jarrow Formulas Inc, Lipoid GmbH, Lipogen Products Ltd., Double Wood LLC., Xi'an Sino Herb Bio-Technology Co. Ltd., Xi'an Natural Field Bio-Technique Co. Ltd., N J Chsoyue Pharm Co. Ltd., Swanson Health Products Inc., ECA Healthcare Inc., and IvoVital GmbH.
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