ANZ Brain Health Functional Food And Beverage Market Size & Outlook
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ANZ brain health functional food and beverage market highlights
- The ANZ brain health functional food and beverage market generated a revenue of USD 449.5 million in 2022 and is expected to reach USD 1,181.5 million by 2030.
- The ANZ market is expected to grow at a CAGR of 12.8% from 2023 to 2030.
- In terms of segment, vitamins & minerals was the largest revenue generating product in 2022.
- Choline is the most lucrative product segment registering the fastest growth during the forecast period.
Brain health functional food and beverage market data book summary
| Market revenue in 2022 | USD 449.5 million |
| Market revenue in 2030 | USD 1,181.5 million |
| Growth rate | 12.8% (CAGR from 2022 to 2030) |
| Largest segment | Vitamins & minerals |
| Fastest growing segment | Choline |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Anthocyanins, Choline, Resveratrol, Ashwagandha, Ginkgo Biloba, Omega 3, Vitamins & Minerals, L-theanine, Curcumin |
| Key market players worldwide | WK Kellogg Co, Rage Coffee, Brain Bar, Cerebelly, Clutch Nutrition, Ingenuity Brands, Koios Beverage Corp., Memore, BrainMD |
Other key industry trends
- In terms of revenue, ANZ accounted for 2.5% of the global brain health functional food and beverage market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China brain health functional food and beverage market is projected to lead the regional market in terms of revenue in 2030.
- ANZ is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,181.5 million by 2030.
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Brain Health Functional Food And Beverage Market Scope
Brain Health Functional Food And Beverage Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| BrainMD | View profile | 11-50 | Arlington, Virginia, United States, North America | https://www.brainmdhealth.com/ |
| Memore | View profile | 1-10 | Charlotte, North Carolina, United States, North America | http://www.yourmemore.com/ |
| Koios Beverage Corp. | View profile | 1-10 | Vancouver, British Columbia, Canada, North America | https://koiosbeveragecorp.com/ |
| Ingenuity Brands | View profile | - | South San Francisco, California, United States, North America | https://www.ingenuitybrands.com |
| Clutch Nutrition | View profile | 1-10 | Aarhus, Midtjylland, Denmark, Europe | https://clutchcognition.com |
| Cerebelly | View profile | 11-50 | Los Gatos, California, United States, North America | https://Cerebelly.com |
| Brain Bar | View profile | 1-10 | Calgary, Alberta, Canada, North America | https://mybrainbar.ca/ |
| Rage Coffee | View profile | 11-50 | New Delhi, Delhi, India, Asia | https://ragecoffee.com |
| WK Kellogg Co | View profile | 3150 | One Kellogg Square, Battle Creek, MI, United States, 49016-3599 | https://www.wkkellogg.com |
ANZ brain health functional food and beverage market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to brain health functional food and beverage market will help companies and investors design strategic landscapes.
Vitamins & minerals was the largest segment with a revenue share of 10.06% in 2022. Horizon Databook has segmented the ANZ brain health functional food and beverage market based on anthocyanins, choline, resveratrol, ashwagandha, ginkgo biloba, omega 3, vitamins & minerals, l-theanine, curcumin covering the revenue growth of each sub-segment from 2017 to 2030.
The brain health functional food and beverages industry in Australia and New Zealand has experienced strong growth in recent years due to changing health and lifestyle needs among consumers, particularly after the COVID-19 pandemic to maintain overall health and immunity.
Additionally, marketing campaigns sponsored by food authorities that promote healthy eating and the importance of functional food and beverages through mainstream media such as radio, print, and the internet are contributing to the growth of the brain health functional food and beverages market in the country.
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Target buyers of ANZ brain health functional food and beverage market databook
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Our clientele includes a mix of brain health functional food and beverage market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the ANZ brain health functional food and beverage market , including forecasts for subscribers. This country databook contains high-level insights into ANZ brain health functional food and beverage market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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ANZ brain health functional food and beverage market size, by product, 2017-2030 (US$M)
ANZ Brain Health Functional Food And Beverage Market Outlook Share, 2022 & 2030 (US$M)
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