Stress Relief Supplements Market Growth Analysis $902.57 Million by 2032 & CAGR 6.2%

Stress Relief Supplements Market Size Worth $902.57 Million By 2032 | CAGR: 6.2%


The global stress relief supplements market size is expected to reach USD 902.57 million by 2032, according to a new study by Polaris Market Research. The report “Stress Relief Supplements Market Share, Size, Trends, Industry Analysis Report, By Source (Ashwagandha, Chamomile, Lavender, Melatonin, Rhodiola, L-theanine); 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 constant increase in stress and anxiety levels, especially among the young and senior population because of growing work-life issues, the emergence of fast-paced living, and changes in consumer living styles along with the growing consumer awareness about the long-term benefits of consuming such kind of supplements, has led to greater product adoption and boosted the growth of the global market.

Additionally, many consumers around the world are shifting towards natural and herbal remedies and preferring them over synthetic or chemical-based pharmaceuticals due to increasing concerns about their side effects and addiction. Therefore, companies in the market are investing heavily in developing stress relief supplements that significantly incorporate herbal ingredients that align with this emerging trend and generate huge growth potential for the market players.

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In recent years, there has been a growing number of innovative approaches and novel ingredients all over the world that allow formulators to effectively connect mental health and various other health-related concerns, from weight management to digestive health to sports nutrition, which, in turn, have created lucrative opportunities for the market to expand their applications in new areas.

Researchers across the world are conducting various research projects and studies on stress and anxiety to explore the product potential and identify the market opportunities that will positively impact the global market in the near future. For instance, according to a study by Mental Health America, stress costs approximately USD 500 Million in lost productivity to the US employers every year.

Stress Relief Supplements Market Report Highlights

  • The Ashwagandha segment accounted for a noteworthy market share, mainly due to widespread product utilization in several traditional medicines
  • The powder segment held the majority revenue share on account of its numerous beneficial characteristics, including easy transportation and better dosage control
  • The online channels segment will grow at the fastest pace, which is largely attributed to the drastic growth of the e-commerce industry and consumer inclinations toward online channels
  • North America dominated the global market, owing to the presence of a large number of health-conscious consumers and rising incidences of stress or anxiety
  • The key market players include Jarrow Formulas, Merck, NOW Health Group, Nutraceutical International, & Himalaya Drug Company

Polaris Market Research has segmented the stress relief supplements market report based on source, form, distribution channel, and region:

Stress Relief Supplements, Source Outlook (Revenue - USD Million, 2023 - 2032)

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

Stress Relief Supplements, Form Outlook (Revenue - USD Million, 2023 - 2032)

  • Capsules & Tablets
  • Oil
  • Powder

Stress Relief Supplements, Distribution Channel Outlook (Revenue - USD Million, 2023 - 2032)

  • Supermarkets & Hypermarkets
  • Specialty Stores
  • Online Channels

Stress Relief Supplements, Regional Outlook (Revenue - USD Million, 2023 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Stress Relief Supplements Market Report Scope

Report Attributes

Details

The market size value in 2023

USD 523.91 Million

Revenue Forecast in 2032

USD 902.57 Million

CAGR

6.2% 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 Source, By Form, By Distribution Channel, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Customization

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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