The phosphatidylserine market is a multi-billion dollar industry globally. Phosphatidylserine refers to a biologically active phospholipid that helps support cognitive function and neuron health. It is naturally present in the brain, accounting for about 10-15% of the total phospholipids. Phosphatidylserine supplements are widely available in capsule and powder form and are used for their purported neuroprotective effects on brain aging. Phosphatidylserine has shown promise in helping manage symptoms related to mild dementia, improving concentration and mood in the elderly. Growing aging population base and increasing awareness about brain health supplements are driving consistent demand for phosphatidylserine products worldwide.
The Global phosphatidylserine market is estimated to be valued at US$ 2.62 Bn in 2024 and is expected to exhibit a CAGR of 4.9% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the phosphatidylserine market are Chemi Nutra, Lonza, Lipoid, Enzymotec and BHN. Phosphatidylserine supplements are mostly manufactured from soybean or bovine sources through extraction processes. Key players are investing in R&D to develop cost-effective production methods and new delivery formats like gummies, liquids etc to boost sales.
The growing geriatric population susceptible to cognitive disorders is a key driver boosting demand for phosphatidylserine supplements globally. As per WHO, the number of people over 60 years is projected to reach 2 billion by 2050. Millennials are also actively using nootropics and brain health supplements to enhance concentration levels for better work productivity.
Technological advancements like liposome encapsulation of phosphatidylserine have improved its bioavailability, efficacy and stability. This has led to wider acceptance and adoption of phosphatidylserine supplements for mild cognitive impairment symptoms. Companies are innovating new delivery systems like water dispersible powders for easy incorporation into beverages and foods.
Market Trends
Increasing adoption of clean label dietary supplements - Consumers are showing preference for plant-based, natural products with simple and understandable ingredient lists. Key players are responding by using organic, non-GMO sources for phosphatidylserine and removing unnecessary additives/preservatives.
Rising popularity of nootropic formulations - Phosphatidylserine supplements are being combined with other brain-boosting nutrients like omega-3, bacopa, vitamin B and marketed as nootropic formulas to help improve memory, attention and mood. This is a major trend enabling expansion into new consumer segments.
Market Opportunities
Growing health & wellness trend in Asia Pacific - Countries like China, India, Japan and South Korea are priority markets due to rapidly aging populations and rising health consciousness. Increasing disposable incomes also support premium functional ingredients like phosphatidylserine.
Scope for pediatric applications - Preliminary studies show potential benefits of phosphatidylserine for children with ADHD, dyslexia or autism. Further research can encourage use through specialized kids' supplements.
Impact of COVID-19 on Phosphatidylserine Market Growth
The outbreak of COVID-19 pandemic has negatively impacted the growth of the global phosphatidylserine market size. During the pandemic, imposition of nationwide lockdowns halted the operations of major market players. Disruption in the supply chain and shortage of raw materials posed major challenges for manufacturers. Shutdown of retail stores and ban on imports and exports of non-essential items led to reduced consumption and declining sales of phosphatidylserine products during this period.
Post pandemic recovery strategies like increasing focus on immunity boosting supplements and growing awareness about benefits of consuming phosphatidylserine is expected to drive faster market growth. Manufacturers are increasing production capacity and enhancing distribution networks to cater rising demand. Adoption of advanced technologies and automation in manufacturing facilities is helping players maintain social distancing norms and meet safety standards. Investments in rnd activities for developing innovative delivery systems and formulations will boost market expansion in coming years.
Geographical Regions with Highest Value Concentration of Phosphatidylserine Market
North America accounts for the largest share of the global phosphatidylserine market in terms of value. Wide availability of supplements containing phosphatidylserine and growing aging population frequently consuming brain health supplements drives higher consumption. In Europe, rising health awareness and demand for nutrient enriched functional foods is propelling market revenues. Asia Pacific is witnessing fastest market growth on account of expanding middle class population, rapid urbanization and improving living standards. Growth momentum is strongest in developing nations like China and India.
Fastest Growing Regional Market for Phosphatidylserine
The Asia Pacific phosphatidylserine market is poised to exhibit fastest growth during the forecast period. Rapid economic development, growing health consciousness, rising geriatric population and expansion of pharmaceutical and supplement industries are key factors behind accelerating market demand. Rising discretionary spending on healthcare and prevention focused nutrition supplements is boosting product adoption in developing Asian countries. Favorable government policies promoting healthy lifestyles along with increasing domestic production capacity of major manufacturers will further support market expansion across the region.
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