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Increasing Prevalence of Cognitive Disorders amid Global Population to Surge Stress Relief Supplement Market at a CAGR of 5.5% by 2034

Increasing Prevalence of Cognitive Disorders amid Global Population to Surge Stress Relief Supplement Market at a CAGR of 5.5% by 2034

The United Kingdom is set to grow at a CAGR of 5.0% during the forecast period. Stress relief supplement manufacturers in the United Kingdom rely on marketing strategies like healthcare professional endorsements and social media influencers to build consumer trust and credibility.

NEWARK, Del, April 10, 2024 (GLOBE NEWSWIRE) — According to Future Market Insights (FMI), the global stress relief supplement market is expected to grow from US$ 605 million in 2024 to US$ 1,034 million by 2034. The market is projected to surge at 5.5% CAGR from 2024 to 2034. 

The stress relief supplement market is growing substantially due to rising demand for convenient, high-quality natural supplements. The global stress relief supplement market is gaining momentum due to increased awareness and the rising prevalence of diseases like obesity, diabetes, malnutrition, and nutritional inadequacies.

Demand for natural stress relief supplements is surging, driven by a growing preference for holistic approaches and the introduction of new herbal supplements with improved characteristics, indicating potential market growth. Manufacturers are approaching various strategies to cater to consumers’ numerous needs and preferences.

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Leading companies are focusing on clean-label products due to increasing customer demand for natural and organic ingredients. Several stress relief supplements available in the market are free from synthetic additives, preservatives, and unnecessary chemicals, ensuring convenience and healthfulness without compromising benefits.

Key Takeaways from the Stress Relief Supplement Market Report:

  • The stress relief supplement market is expected to reach a valuation of US$ 1,034 million by 2034.
  • The global market is projected to surge at a CAGR of 5.5% by 2034.
  • China is expected to expand at a CAGR of 6.5% through 2034.
  • The United States is projected to reach a valuation of US$ 108 million in 2034.
  • Japan is set to surge at a CAGR of 4.6% through 2034.

“To differentiate their products in a competitive market, manufacturers focus on product innovation and customization. Offering a wide range of supplement options, along with organic or specialty varieties, caters to the growing demand for unique and personalized healing experiences.”- says Nandini Roy Choudhury ( client Partner for Food and Beverages at Future Market Insights, Inc.)

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Competitive Landscape

The stress relief supplement market has a diverse and dynamic competitive landscape. Leading companies specializing in diverse fields focus on research and development, sustainable sourcing, and new formulations. 

Key companies emphasize environmentally friendly practices, product certifications, and satisfying the increased demand for natural and sustainable ingredients. Companies are trying to innovate new ingredients and formulations to stay competitive.

Key Companies Profiled

  • Himalaya Drug Company
  • Cureveda
  • Natureplus
  • Panchamrit
  • Nutraceutical International Company
  • Pharmalinea Ltd.
  • Virtue Vitamins LIC
  • Foresta Organics

For instance,

  • In 2024, BioAdaptives, Inc. introduced NaturaComplete, an all-in-one dietary supplement formula with over 70 vitamins, minerals, amino acids, trace minerals, and other nutrients for mental and general health.
  • In 2023, PLT Health Solutions introduced a new product called NOW, designed to provide cognitive support in an increasingly stressed-out world.

Get More Valuable Insights

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global stress relief supplement market, presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034.

The study incorporates compelling insights on the stress relief supplement market based on source (ashwagandha, chamomile, lavender, rhodiola, melatonin, l-theanine), form (capsule & tablets, oil, powder, gummies), distribution channel (hypermarkets/supermarkets, online retailers, convenience stores, pharmacies & drug stores, specialty stores and glossary stores), and category (organic and conventional) across regions.

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Stress Relief Supplement Market Segmentation by Category

By Source:

  • Ashwagandha
  • Chamomile
  • Lavender
  • Melatonin
  • Rhodiola
  • L-Theanine

By Form:

  • Capsule & Tablets
  • Oil
  • Powder
  • Gummies

By Category:

By Distribution Channel:

  • Hypermarket/Supermarket
  • Convenience Stores
  • Drug Stores/Pharmacies
  • Specialty Stores
  • Online Channels
  • Other Distribution Channels

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

About the Food & Beverage Division at Future Market Insights (FMI)

Future Market Insights (FMI) Food & Beverage team offers comprehensive business intelligence services, with a vast array of reports and data points analyzed across 50+ countries over a decade. The team provides consulting services and end-to-end research, offering expert analysis, actionable insights, and strategic recommendations to clients worldwide. Contact them to explore how they can assist with your unique business intelligence needs.

Authored by: 

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.

She has exceptional analytical skills and often brings thought leadership to the table.

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

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Future Market Insights Inc.
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Originally published at https://www.einpresswire.com/article/702579673/increasing-prevalence-of-cognitive-disorders-amid-global-population-to-surge-stress-relief-supplement-market-at-a-cagr-of-5-5-by-2034-fmi-study

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