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Brain Health Functional Ingredients Is Fueling The Growth Of Phosphatidylserine Market

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Lucy Kart
Brain Health Functional Ingredients Is Fueling The Growth Of Phosphatidylserine Market

The global Phosphatidylserine Market is estimated to be valued at US$ 2.27 Bn in 2023 and is expected to exhibit a CAGR of 6.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Phosphatidylserine (PS) is a phospholipid component of cell membranes with brain health benefits. It is essential for healthy cognitive function and reverses age-related cognitive decline. Being a natural and plant-derived supplement, PS has growing demand in dietary supplements, functional foods & beverages focused on brain health, memory, focus and concentration.

Market Overview:

Phosphatidylserine is found in high concentrations in brain cell membranes. It plays an important role in cell-to-cell communication in the brain by facilitating the transmission of nerve impulses. Supplementation with phosphatidylserine may help support cognitive functions such as memory, learning, focus and concentration.

Market key trends:

One of the major trends driving the growth of phosphatidylserine market is its increasing demand as a functional ingredient in dietary supplements for brain health. There is growing consumer awareness about age-related cognitive decline and importance of maintaining brain health through nutritional supplements. Various clinical studies have demonstrated phosphatidylserine's benefits in enhancing mood, memory, attention and information processing. Its naturalplant-based source and efficacy in improving brain healthispropelling its use in supplements, functional foods and beverages targeted towards baby boomers and elderly population concerned about brain health.

Segment Analysis

The global phosphatidylserine market is segmented by form, source, application, and geography. By form, the market is classified into powder and capsules/tablets. The powder segment dominated the market in 2023 and is estimated to account for over 60% market share owing to its wide applications in functional foods and dietary supplements. By source, the market is bifurcated into plant and animal. The plant segment is expected to witness highest CAGR during the forecast period due to rising consumer preference for vegan and plant-based products.

Key Takeaways

Global Phosphatidylserine Market Size is expected to witness high growth, exhibiting CAGR of 6.3% over the forecast period, due to increasing demand from cognitive health supplements industry. The cognitive health supplements industry has been growing at a notable pace owing to rising geriatric population and increasing health consciousness among consumers.

Regional analysis

North America dominated the global market in 2023 and is estimated to continue its dominance during the forecast period. The increasing incidences of age-related cognitive decline and Alzheimer's disease have been driving the demand for cognitive health supplements in the region. Asia Pacific is expected to witness the highest growth over the forecast period due to rising per capita disposable incomes and growing health consciousness in major countries 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., Xian Natural Field Bio- Technique Co. Ltd., N J Chsoyue Pharm Co. Ltd., Swanson Health Products Inc., ECA Healthcare Inc., and IvoVital Gmbh. The key players focus on new product launches and capacity expansion strategies to strengthening their market positions.


Read More- https://www.newsstatix.com/phosphatidylserine-market-value-insights-anf-growth/

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