Phosphatidylserine Market Anticipated To Witness High Growth Due To Rising Geriatric Population

 

Phosphatidylserine


Phosphatidylserine is an amino acid compound that plays a key role in cell membrane integrity and the functioning of the central nervous system. It is found naturally in foods like beef, poultry, eggs, wheat germ and soy. Apart from dietary sources, it is also available in supplement form and has numerous health benefits like enhancing brain function and mood. The global phosphatidylserine market is primarily driven by increasing geriatric population worldwide who are more susceptible to neurodegenerative disorders like Alzheimer's and dementia. According to reports, over 50 million individuals suffer from dementia worldwide with nearly 10 million new cases every year. This has led to rising consumer awareness about supplements that can potentially improve brain functions and overall wellness.

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 Lipogen, Chemi Nutra, LLC, Lipofoods SLU, Novastell, Bontac Bio-Engineering (Shenzhen) Co., Ltd.

The supplement industry offers massive untapped opportunities for phosphatidylserine due to its scientifically validated role in maintaining cognitive health and reducing age-related mental decline. Rapid urbanization and lifestyle changes leading to increasing stress levels also present lucrative prospects.

There is immense scope for phosphatidylserine globally considering its therapeutic benefits and the rising aging demographics in developed markets like North America, Western Europe and Japan where over 20% of the population is 65 years or older. Asia Pacific also represents a key region for expansion attributed to growing health consciousness in countries like China and India.

Market Drivers
Rising geriatric population susceptibility to neurodegenerative conditions that require cognitive support supplements. - According to WHO, over 1 billion people will aged 60 years or older by 2050 globally representing higher demand potential.

Scientific evidence validating the critical role of phosphatidylserine in brain cell membrane structure and function. - Numerous clinical studies have established its efficacy in improving learning abilities, memory and concentration.

Market Restrains
High production and formulation costs due to complex extraction processes involved. - Phosphatidylserine is obtained from soybean lecithin through multi-step processing making it relatively expensive.

Lack of long term studies on dosing, safety and human phosphatidylserine metabolism. - Even though benefits are well-established, more research is required on optimal dosing regimens and potential side effects.

Segment Analysis
Phosphatidylserine market scope can be segmented into plant-based and animal-based phosphatidylserine. The animal-based phosphatidylserine dominates the market as it is 20-30 times more bioavailable than the plant-based variant. The animal-based variant is directly extracted from soy, bovine or porcine sources and provides enhanced cognitive health benefits.

The powder form of phosphatidylserine dominates the market as it can be easily mixed with liquids and incorporated into various food products. The capsules format is the second largest segment mainly due to increasing preference for supplements among the aging population.

Global Analysis
North America is currently the dominant region in the phosphatidylserine market owing to rising health consciousness and high spending on healthcare and wellness products. The Asia Pacific region is expected to be the fastest growing market during the forecast period due to growing aging population, increasing disposable incomes and rising awareness related to cognitive health in countries like China, India and Japan. Key players such as Group PLC, Sodexo S.A., Aramark Corporation, and Elior Group provide phosphatidylserine to several industries including food and beverage, pharmaceuticals and animal feed. The demand from animal feed industry is also driving the growth of the market globally.

Get more insights on this topic: https://www.ukwebwire.com/phosphatidylserine-market-industry-insightstrendsphosphatidylserine-market/

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