The global mood support supplements market size is expected to reach USD 1,157.59 million by 2032, according to a new study by Polaris Market Research. The report “Mood Support Supplements Market Share, Size, Trends, Industry Analysis Report, By Type (Omega 3s, Vitamin B, Vitamin D, Magnesium, Ashwagandha, and S-Adenosyl-L-Methionine); By Form: By Distribution Channel; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The rising preference for natural and herbal solutions for mood support and the rapid emergence of modern lifestyles that often include a high level of stress due to numerous factors like financial concerns, work pressure, and societal expectation all results in higher demand for mood support supplements and acting as a key market driver over the years. Continuous development in formulation, delivery methods, and packaging, coupled with the launch of new supplements with enhanced characteristics, has made mood support supplements more appealing and convenient for consumers and pushed the market growth forward.
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In recent years, several leading companies in the market have been increasing their investments in research & development activities to explore the use of personalized nutrition and supplementation based on an individual's genetic makeup, lifestyle, and specific mood-related issues. With the growing emphasis on this approach that tailors supplement formulations to meet the unique needs and requirements of consumers, the demand for mood support supplements is drastically increasing.
Furthermore, mood support supplements are becoming increasingly popular all over the world as an effective adjunct to several conventional treatments for depression, as they contain natural ingredients like omega-3 fatty acids, vitamin B, and ashwagandha, among others. Thus, with the increase in the number of individuals suffering from depression and other related issues, the adoption and demand for mood support or enhancement supplements are likely to gain traction at a rapid pace.
Mood Support Supplements Market Report Highlights
Polaris Market Research has segmented the mood support supplements market report based on type, form, distribution channel, and region:
Mood Support Supplements, Type Outlook (Revenue - USD Million, 2023 - 2032)
Mood Support Supplements, Form Outlook (Revenue - USD Million, 2023 - 2032)
Mood Support Supplements, Distribution Channel Outlook (Revenue - USD Million, 2023 - 2032)
Mood Support Supplements, Regional Outlook (Revenue - USD Million, 2023 - 2032)
Report Attributes |
Details |
Market size value in 2023 |
USD 656.21 million |
Revenue forecast in 2032 |
USD 1,157.59 million |
CAGR |
6.5% from 2023 – 2032 |
Base year |
2022 |
Historical data |
2019 – 2021 |
Forecast period |
2023 – 2032 |
Quantitative units |
Revenue in USD million and CAGR from 2023 to 2032 |
Segments covered |
By Type, By Form, By Distribution Channel, By Region |
Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
Customization |
Report customization as per your requirements with respect to countries, region and segmentation. |
For Specific Research Requirements |