by The phosphatidylserine market comprises products rich in phosphatidylserine such as capsules, powder, and liquid supplements that are majorly consumed to support brain and cognitive health. Phosphatidylserine helps in enhancing memory, focus, learning, and mental performance. It plays a significant role in brain function and nerve signaling. The growing aging population and rising number of people suffering from age-related mental decline are boosting the demand for phosphatidylserine supplements.
The Global Phosphatidylserine Market is estimated to be valued at US$ 2.62 Mn in 2024 and is expected to exhibit a CAGR of 4.9% over the forecast period 2024 to 2031. Phosphatidylserine is mainly derived from soybean lecithin and helps in maintaining optimal brain function. It supports neuronal growth and protects nerve cells from oxidative stress and inflammation. The increasing prevalence of Alzheimer’s and Parkinson’s diseases is fueling the adoption of phosphatidylserine supplements.
Key Takeaways
Key players operating in the Phosphatidylserine market are Lipoid GmbH, Chemi Nutra, Lonza, Novastell, and Bochem.
Growing aging population is boosting the demand for supplements that support cognition and memory. Phosphatidylserine enhances focus, learning ability, and mood in the elderly population.
Major phosphatidylserine manufacturers are focusing on expanding their business across regions to tap the growth opportunities in developing countries.
Market key trends
The rising popularity of vegan and plant-based supplements is one of the key trends in the phosphatidylserine market. Major players are developing soy and sunflower-derived phosphatidylserine products to cater to the increasing vegan population. These plant-based variants offer similar brain health benefits as animal-derived ones.
Porter’s Analysis
Threat of new entrants: The phosphatidylserine market size requires high initial investments which makes it difficult for new players to enter. Bargaining power of buyers: Buyers have low bargaining power in the phosphatidylserine market due to the specialized use of phosphatidylserine products. Bargaining power of suppliers: A few suppliers have significant share in the phosphatidylserine market giving them higher bargaining power. Threat of new substitutes: No cost-effective substitutes are available for phosphatidylserine thereby limiting threat from substitutes. Competitive rivalry: Companies compete based on quality, consistent supply and innovative product offerings.
Geographical Regions
North America holds the largest share in the phosphatidylserine market due to high demand and awareness among consumers regarding cognitive health benefits. The Asia Pacific region is expected to witness highest growth during the forecast period owing to growing geriatric population, rising health consciousness and increasing per capita healthcare expenditures in countries like India and China
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
