Market Forecast
The global stress relief supplements market is projected to be valued at USD 756.6million by 2028 at a CAGR of 6.75% between 2021 and 2028. Stress is caused when the stress hormone cortisol is released, which causes side effects such as poor sleep quality, drained energy levels, and moodiness. These side effects make daily tasks more difficult. Chronic stress can also be associated with heart disease. Good mental health is essential to reduce stress levels and supports overall wellbeing. Healthcare providers recommend over-the-counter remedies to reduce stress-related issues. However, many of them can be treated with multivitamins, herbal supplements, and natural remedies. Many natural ingredients such as chamomile, L-Theanine, lemon balm, beta-caryophyllene, ahiflower oil, passionflower, Relora, and vitamin D are used for manufacturing stress relief supplements.
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Stress management should be on priority to maintain a healthy body and mind. While it is not possible to prevent stress entirely, some remedies can be taken to minimize the negative effects. Stress causes a number of uncomfortable symptoms such as headaches, fatigue, sleeping problems, and difficulty in concentration. If early medication and precautions are not taken, it can have serious long-term effects on overall health. The demand for stress relief supplements is high in the developed countries of North America and Europe. However, the products have recently gained acceptance in developing nations such as China, India, and Brazil. The increasing incidence rate of stress-related problemshas resulted in a focus on herbal supplements. Thus, consumers in developing countries are adopting various stress relief supplements.
Moreover, increasing health consciousness among consumers has led to an upsurge in the demand for stress relief supplements. Stress relief supplements increase the serotonin level in the body, which provides a calming effect by regulating the chemical levels in the brain. Apart from this, it also reduces the hormones that cause stress, such as adrenaline and cortisol. These supplements support in lowering blood pressure while boosting the immune system. A chronic state of stress can eventually lead to things like weight gain, poor digestion, feeling drained and exhausted all the time. Rising consumer awareness about the long-term health benefits has elevated the adoption of naturally derived stress relief supplements which is expected to witness a growing curve during the forecast period.
However, side effects associated with overconsumption of stress relief supplementsare expected to restrain the market growth during the forecast period. For instance, vitamin D toxicity causes calcium buildup or hypercalcemia, which leads to nausea, vomiting, weakness, and frequent urination. These symptoms might progress to bone pain and kidney problems, such as the formation of calcium stones. While the consumption of stress relief supplements is increasing among all age groups, there are certain side effects associated with the overconsumption of these supplements. These side effects include high blood pressure, internal bleeding, or even organ damage. Certain supplements can also interfere with medications such as prescription antidepressants and birth control.
Market USP
Positive outlook towards stress relief supplements
Growth Opportunities in the Market
Strategic Initiative by Market Players: Strategic initiatives such as acquisition, expansion, product launches, and research by various market players are anticipated to act as a major opportunity in the global stress relief supplements market. For instance, in June 2020, PharmaLinea Ltd. launched two new products for stress relief, namely, >your< Acute Stress Sachets and >your< Chronic stress capsules. This will help the company to meet the increasing demand for stress relief products. Furthermore, expansion by various manufacturers will allow them to grow their business. For instance, in December 2019, Herbalife Nutritionannounced the opening of a state-of-the-art training facility in Chengdu, China. With this, the company provides training about good nutrition and education and Herbalife Nutrition products.
Demand for Organic Supplements: Consumer awareness across the globe is rising with regard to the environmental and health impact of chemicals during food cultivation. Due to the increasing awareness regarding the negative impact chemicals can have on human health, consumers are shifting toward the use of organically cultivated and processed products. Thus, the global demand for organically produced products is growing rapidly. Along with North America and Europe, the adoption of organic food products and supplements is increasing in Asia-Pacific, the Middle East, and Africa. Consumers in these regions are becoming aware of the benefits of organic supplements, which creates a lucrative opportunity for the producers of organic supplements, including stress relief supplements. Many manufacturers such as Curevedaare trying to tap into this pool of opportunities by investing in R&D for the launch of innovative products.
Key Players
ADM (US)
PharmaLinea Ltd. (Slovenia)
Virtue Vitamins, LLC (US)
NaturesPlus (US)
The Himalaya Drug Company (India)
Plant Therapy Essential Oils Corporate (US)
Cureveda (India)
Naturalife Asia Co., Ltd. (Korea)
Ricola (Switzerland)
Nutraceutical International Corporation(US)
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