Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Stress can get extremely hostile for suffering individuals. Stress is an accepted tendency for students and professionals, but excessive stress is a medical concern. A number of medical researchers consider regular yoga and exercise as a remedy for managing stress. However most people fail to follow proper exercise routines due to constrained work schedules. This reason, the demand for stress relief supplements market is on a rise. The stigmas around mental disorders such as stress and anxiety are gradually being busted. This has normalized consumption of drugs and supplements for stress relief. The stigmas around mental disorders such as stress and anxiety are gradually being busted. Hence, the global stress relief supplements market is expected to growth in the forecast period.
The stress relief supplements market is majorly driven by increase in the usage of stress relief supplements the preference for preventive healthcare products is increasing among consumers, which is expected to boost the growth of the stress relief supplements market. With increasing awareness and product visibility, consumer demand for stress relief supplements is rising. Various sources of information showing the positive and negative effects of stress relief supplements are helping consumers in decision-making to choose the appropriate form and type of product. Increasing stress levels among geriatric and young populations owing to the changing lifestyle have escalated the demand for stress relief supplements is expected to boost the growth of the stress relief supplements market during the forecast period.
The exclusive COVID-19 impact analysis report by Axiom MRC provides a 360 degree analysis of micro and macro-economic factors on the Europe stress relief supplements market. In addition, complete analysis of changes on the Europe stress relief supplements market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on Europe economies, international trade, business investments, GDP and marketing strategies of key players present in the market. The increasing number of COVID-19 infections in the region and strict imposed lockdown has negatively affected the stress relief supplements market.
The stress relief supplements market comprises of different market segment like by source, supplement, form, nature, distribution channel and country.
By source the stress relief supplements market consists ashwagandha, chamomile, lavender, melatonin, rhodiola, l-theanine. Ashwagandha is stress relief supplements as it is herbal and has extensive use in ayurvedic medicines also it benefits include decrease in side effects related to chronic stress by improving the functioning of adrenal glands. Chamomile is a dietary supplement popular for a variety of uses including sleep problems, anxiety, digestive upset, mouth sores, skin infections, wound healing, colic, and diaper rash. Chamomile is available as capsules, liquid extracts, tinctures, teas and topical creams among other preparations. Melatonin is a hormone that your body makes naturally. Lack of melatonin production in the body will boost the melatonin supplement intake which may improve anxiety by improving sleep. It may also have a more direct effect on anxiety symptoms.
On the basis of supplement stress relief supplements market is segmented into tryptophan, zinc, magnesium, vitamin B, iron supplement. Vitamins are important building blocks of the body which helps regulate the body’s serotonin and norepinephrine levels both directly affect mental stability, mood, and the ability to cope with stress. The tryptophan supplement helps with certain conditions, such as anxiety or sleep disorders, additional research is necessary to prove whether or not taking tryptophan supplements is effective. Iron is multivitamin and iron products are used to treat or prevent vitamin deficiency due to poor diet, certain illnesses, or during pregnancy.
Various forms in which stress relief supplements are available in the market that is segmented into capsules & tablets, oils, powders. The capsules & tablets are generally low in price and offer high-potency options they have a longer shelf life than the other forms. Stress relief oils are essential supplement to take care of your mental health it works as stress buster it helps in relieving different types of physical pain it even contains anti-inflammatory properties that gives a soothing effect on your skin and releases stress. The powdered form stress relief supplements can be used by mixing it with the food, water or even with the tea depending upon the type of supplement.
By category the Europe stress relief supplements market is segmented into natural and chemical based. The dietary supplements and herbal remedies work to reduce anxiety is still new and emerging. Anxiety disorders are the most common mental illnesses in the Europe region. To treat anxiety, there are various options available, including therapy and medication and natural stress relief supplements are preferred as it does not shows any adverse side effects and are considered as a better alternative over chemical based stress relief supplements.
Based on distribution channel, the stress relief supplements are segmented into online and offline. The stress relief supplements are easily available in supermarket and hypermarkets due to which the offline distribution channel is preferred the most in the Europe region. This channel is preferred specifically for the prescribed supplements and small servings such as tablets and capsules. Also due to the emergence of COVID-19 there has been tremendous growth in online sales and purchase of stress relief supplements in the region. It is expected to be the fastest growing segment in the forecast period.
Europe stress relief supplements market is studied for the following countries like France, Germany, Italy, Spain and UK. The demand for stress relief supplements in the region is driven by the increasing disruption between work-life balance and increasing stress and anxiety in the region’s population the growing demand for stress relief supplements is increasing the number of depression and anxiety disorder patients in the region. The consumption of stress relieving supplements is extremely high in the Europe region. Moreover, with increasing awareness and consumer demand for stress relief supplements is rising. Various manufacturers are also focusing on increasing awareness among consumers through marketing campaigns. Additionally, various sources of information showing the positive and negative effects of stress relief supplements are helping consumers in decision-making to choose the appropriate form and type of product.
The key players in stress relief supplements market are Alkermes Plc, Allergan Plc, Bristol Myers Squibb Co, Eli Lilly And Co., Glaxosmithkline Plc, H. Lundbeck, Herbalcart, Inc , Interhealth , Ion Labs Inc., Merck & Co. Inc., Naturalife Asia Co., Ltd. , Nutraceutical International Corporation , Pfizer Inc., Pharmalinea Ltd. , Plant Therapy Essential Oils Corporate , Ricola , Takeda Pharmaceutical Co. Ltd., Teva Pharmaceutical Industries Ltd. and Vitalized Body among others.
September 2021, Nutraceutical firms have reported a higher uptake of sleep aid and stress relief supplements amid the COVID-19 pandemic, according to New Zealand brand GO healthy and Spanish saffron ingredient supplier Pharmactive.
December 2020, ASX- listed MGC Pharma is in talks with South East Asia countries to make its clinically backed oral supplement trademarked ArtemiC commercially available for COVID-19 patients.
The report analyses the stress relief supplements market based on by source, supplement, form, nature, distribution channel and country. By source the stress relief supplements market consists ashwagandha, chamomile, lavender, melatonin, rhodiola, l-theanine. Ashwagandha is stress relief supplements as it is herbal and has extensive use in ayurvedic medicines also it benefits include decrease in side effects related to chronic stress by improving the functioning of adrenal glands. On the basis of supplement stress relief supplements market is segmented into tryptophan, zinc, magnesium, vitamin B, iron supplement. Vitamins are important building blocks of the body which helps regulate the body’s serotonin and norepinephrine levels both directly affect mental stability, mood, and the ability to cope with stress. Various forms in which stress relief supplements are available in the market that is segmented into capsules & tablets, oils, powders. The capsules & tablets are generally low in price and offer high-potency options they have a longer shelf life than the other forms. By category the Europe stress relief supplements market is segmented into natural and chemical based. The dietary supplements and herbal remedies work to reduce anxiety is still new and emerging. Anxiety disorders are the most common mental illnesses in the Europe region. Based on distribution channel, the stress relief supplements are segmented into online and offline. The stress relief supplements are easily available in supermarket and hypermarkets due to which the offline distribution channel is preferred the most in the Europe region. Europe stress relief supplements market is studied for the following countries like France, Germany, Italy, Spain and UK.
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