The global Stress Relief Supplements Market (ストレス解消サプリメント市場) reached a value of US$ 530 million in 2023 and is forecasted to grow at a compound annual growth rate (CAGR) of 6%, reaching US$ 950 million by the end of 2033.
Stress relief supplements have gained significant traction in recent years, driven by the growing awareness of mental health issues and the increasing prevalence of stress-related disorders. These supplements are formulated to alleviate stress, anxiety, and promote overall mental well-being. The global stress relief supplements market is witnessing robust growth, propelled by factors such as changing lifestyles, rising disposable incomes, and a growing focus on preventive healthcare.
Market Dynamics
The stress relief supplements market is primarily driven by the increasing incidence of stress and anxiety disorders worldwide. Factors such as work pressure, financial instability, and lifestyle changes have contributed to the rising demand for stress relief solutions. Additionally, the growing preference for natural and herbal remedies over conventional medications has further fueled market growth.
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Moreover, the COVID-19 pandemic has had a profound impact on mental health, leading to a surge in demand for stress relief supplements. The uncertainty and stress caused by the pandemic have prompted individuals to seek alternative therapies to manage their mental well-being, driving market growth.
Market Future Outlook
The stress relief supplements market (스트레스 해소 보조제 시장) is poised for significant growth in the coming years. The increasing adoption of stress relief supplements among millennials and Generation Z, who are more prone to stress due to various societal pressures, is expected to drive market expansion. Furthermore, the rising awareness of mental health and the growing trend of self-care are likely to fuel market growth.
Moreover, advancements in product formulations, including the use of novel ingredients and delivery systems, are anticipated to create new growth opportunities in the market. Manufacturers are focusing on developing innovative products that offer enhanced efficacy and faster results, further driving market growth.
Market Insights
The global stress relief supplements market is segmented based on product type, distribution channel, and region. By product type, the market is divided into herbal supplements, vitamins, minerals, and others. The herbal supplements segment dominates the market, owing to the increasing preference for natural and plant-based remedies.
By distribution channel, the market is categorized into supermarkets/hypermarkets, drug stores, online retail, and others. The online retail segment is witnessing significant growth, driven by the increasing penetration of e-commerce and the convenience of online shopping.
Key Players
- Virtue Vitamins LIC
- The Himalaya Drug Company
- Ricola
- Nutraceutical International Corporation
- Cureveda
- NaturesPlus
- Pharmalinea Ltd.
- ADM
Competitive Landscape
The global stress relief supplements market (Marché des suppléments anti-stress) is characterized by both competition and collaboration, with a mix of established, large-scale companies holding significant market share. In December 2020, ASX-listed MGC Pharma began talks with countries in South East Asia to potentially introduce its scientifically backed oral supplement, ArtemiC, for commercial use among COVID-19 patients, showcasing the industry’s focus on innovation and expanding applications.
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Key Segments of Stress Relief Supplements Industry Research
- By Source :
- Ashwagandha
- Chamomile
- Lavender
- Melatonin
- Rhodiola
- L-theanine
- By Form :
- Capsules Tablets
- Oil
- Powder
- By Category :
- Organic
- Conventional
- By Distribution Channel :
- Store-based [Supermarkets, Specialty Stores]
- Non-store-based
- By Region :
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East Africa
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