Phosphatidylserine (PS) Market Size, Share, Growth, and Industry Analysis, By Type (20% Content, 50% Content, Other Content), By Application (Dietary Supplement, Functional Foods, Medical Foods, Other), Regional Insights, and Forecast To 2031

Updated On: 22 April 2024

Phosphatidylserine (PS) Market Report Overview

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The global phosphatidylserine (PS) market size was USD 113 million in 2023 and is projected to touch USD 158.3 million by 2031, exhibiting a CAGR of 4.3% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with phosphatidylserine (PS) market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over. 

Phosphatidylserine (PS) is a phospholipid that is an essential component of cell membranes, particularly in the brain. It is a type of phospholipid that contains both fatty acids and a polar head group consisting of serine. Phosphatidylserine is also used in the food and beverage industry as a functional ingredient. It is added to products such as energy drinks, nutritional bars, and functional foods for its potential benefits in promoting mental focus and concentration.

The global market for phosphatidylserine (PS) has been growing steadily in recent years due to increasing consumer awareness of its potential health benefits and the aging population's growing demand for brain health supplements. The market is driven by factors such as the rising prevalence of age-related cognitive decline, increasing consumer interest in mental well-being, and the growing popularity of dietary supplements.

COVID-19 Impact: Pandemic Hampered the Demand for Market

The COVID-19 pandemic has had various impacts on different industries, including the market for phosphatidylserine (PS). With physical retail outlets facing closures or reduced foot traffic due to lockdown measures, many consumers have turned to online shopping. This shift has impacted the distribution and sales channels for phosphatidylserine products, with companies focusing more on e-commerce platforms to reach customers. The pandemic led to disruptions in supply chains, including transportation restrictions, lockdowns, and reduced manufacturing capabilities. These disruptions impacted the availability of raw materials and the production of phosphatidylserine supplements, leading to potential supply shortages and increased prices. The pandemic caused significant changes in consumer behaviour, including a growing interest in health and wellness products. Many people started paying more attention to their overall well-being and sought out supplements and functional food ingredients to support their mental and cognitive health. This shift in consumer behaviour positively influenced the demand for phosphatidylserine.

Latest Trends

"Growing Demand for Brain Health Supplements to Fuel Market Growth"

There has been an increasing interest in brain health and cognitive enhancement among consumers, particularly as the aging population continues to grow. This has led to a rising demand for phosphatidylserine as a key ingredient in brain health supplements. Phosphatidylserine has also gained popularity in the sports nutrition sector. It is believed to help reduce exercise-induced stress and support recovery, making it appealing to athletes and fitness enthusiasts looking to enhance their performance and reduce fatigue. With the growing demand for phosphatidylserine, there has been a diversification of product offerings in the market. It is available in various forms, including softgels, capsules, tablets, and powders, providing consumers with different options to choose from based on their preferences.  As with any dietary supplement, consumers are becoming more conscious about the quality and purity of the products they consume. Manufacturers in the market are increasingly focusing on producing high-quality, pure forms of phosphatidylserine (PS) to meet consumer expectations and ensure product efficacy.

Phosphatidylserine (PS) Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into 20% content, 50% content, other content.

• By Application Analysis

Based on application, the market can be divided into dietary supplement, functional foods, medical foods, other.

Driving Factors

"Growing Demand in the Nutraceutical Industry to Drive Market Growth"

Phosphatidylserine (PS) is widely used as a dietary supplement in the nutraceutical industry due to its potential cognitive health benefits. It is believed to support brain function, memory, focus, and attention. The increasing consumer interest in brain health and cognitive performance has driven the demand for PS-based supplements. With the growing focus on mental well-being, people are becoming more aware of the importance of brain health. Phosphatidylserine has been extensively studied for its potential to support mental health and alleviate conditions such as age-related cognitive decline and mood disorders.

"Increased Awareness of Mental Health Issues to Fuel Market Growth"

The increased awareness of mental health issues has contributed to phosphatidylserine (PS) market growth.  As the global population continues to age, there is a growing market for products that promote healthy aging and cognitive function. Phosphatidylserine has been studied for its potential to improve memory, concentration, and cognitive performance in older adults. The aging population has been a significant driver of the PS market as people seek solutions to maintain brain health and cognitive abilities as they grow older.

Restraining Factors

"High Production Cost to Restrict Market Growth "

Phosphatidylserine is typically derived from natural sources such as soybeans or bovine brain tissue. The extraction and purification processes can be expensive, leading to high production costs. This factor can limit the availability of phosphatidylserine in the market and make it less affordable for certain consumer segments.

Phosphatidylserine (PS) Market Regional Insights

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"Presence of Key Players in Asia-Pacific Anticipated to Drive Market Expansion "

Asia-Pacific holds the leading position in phosphatidylserine (PS) market share due to the high demand for dietary supplements and functional foods in these countries. The increasing awareness about health and wellness, coupled with a growing aging population, has led to a rise in demand for supplements that support brain health, memor­y enhancement, and cognitive functions.

Key Industry Players

"Adoption Innovative Strategies by Key Players Influencing Market Growth"

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio.

The top key players in the market are Chemi Nutra, Lipoid, Lipogen, Novastell, Lonza, Glonet (Doosan Group), Enzymtec Sharp.PS, BHN, Sino Herb, H&C pharmaceutical (CSHPHARM), Guanjie Biotech, L&P Food Ingredient, Baianrui Biotech. The strategies to develop new technologies, capital investment in R&D, improve product quality, acquisitions, mergers, and compete for the market competition help them to perpetuate their position and value in the market. Besides, collaboration with other companies & extensive possession over market shares by the key players stimulates market demand.

List of Market Players Profiled

• Chemi Nutra
• Lipoid
• Lipogen
• Novastell
• Lonza
• Glonet (Doosan Group)
• Enzymtec Sharp.PS
• BHN
• Sino Herb
• H&C pharmaceutical (CSHPHARM)
• Guanjie Biotech
• L&P Food Ingredient
• Baianrui Biotech

Report Coverage

This report examines an understanding of the phosphatidylserine (PS) market’s size, share, and growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.

Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.

This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.