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.
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