Global S Adenosyl L Methionine SAMe Market Size By Type (Tablets And Capsules), By Application (Supermarkets, Retail Pharmacies, and Online Pharmacies), By Geography Scope And Forecast
Published on: 2024-08-09 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global S Adenosyl L Methionine SAMe Market Size By Type (Tablets And Capsules), By Application (Supermarkets, Retail Pharmacies, and Online Pharmacies), By Geography Scope And Forecast
S Adenosyl L Methionine SAMe Market Size And Forecast
S Adenosyl L Methionine SAMe Market size is valued at USD 445.20 Million in the year 2021 and it is expected to reach USD 730.53 Million in 2030 at a CAGR of 6.23% over the forecast period of 2023 to 2030.
The rising incidence of depression along with other mood disorders, increased awareness of the significance of mental health, and increased demand for natural supplements, amongst other variables, is projected to boost S Adenosyl L Methionine SAMe globally. The Global S Adenosyl L Methionine SAMe Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global S Adenosyl L Methionine SAMe Market Definition
S-adenosyl-L-methionine (SAMe) is a naturally arising chemical in all human cells. It is made from the amino acid methionine and adenosine triphosphate (ATP) and is essential in many metabolic activities in the body. SAMe participates in neurotransmitter generation, cell membrane upkeep, fat, and other chemical metabolism. SAMe’s contribution to the creation of neurotransmitters, which are molecules that convey messages among cells in the brain, constitutes one of its primary roles. SAMe participates in the production of neurotransmitters, including dopamine and norepinephrine, which are essential for controlling one’s mood, asleep, and various other physiological activities. SAMe has been proven to help treat anxiety, depression, and other mood disorders.
SAMe is also being studied for its possible medicinal properties in various other health disorders, such as liver disease, fibromyalgia, osteoarthritis, and migraine headaches. According to certain studies, SAMe might possess anti-inflammatory and analgesic properties, which may help to relieve pain and inflammation in several diseases. SAMe supplements come in various formats, including pills, capsules, and powders. They’re frequently utilized to treat depression, osteoarthritis, and other health issues. Identical is usually regarded safe when used at the authorized amounts, while it may induce stomach discomfort, migraines, and sleeplessness in some people.
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Global S Adenosyl L Methionine SAMe Market Overview
Depression and other mental illnesses have grown increasingly common in many nations worldwide, affecting millions of individuals each year. According to WHO, in March 2023, roughly 3.8 % of people suffer from depression, comprising 5% of adults (4% of males and 6% of women) and 5.7% of individuals over 60. Depression affects around 280 million individuals worldwide. SAMe has been demonstrated to be helpful in the treatment of depression along with other mental health conditions, with some studies indicating that it could be as efficient as antidepressant medicines. Consequently, as more individuals seek natural alternatives to prescription antidepressants, the market for SAMe supplements has surged.
There has been a rising awareness of the significance of mental health and well-being in the past few years, with more individuals exploring natural ways to improve their emotional well-being. SAMe is a naturally occurring molecule that aids in creating neurotransmitters, which are essential for mood management and mental wellness. As a consequence, as more people seek alternative methods to maintain their psychological well-being, the need for SAMe supplements is expected to increase, boosting market growth. The global population is aging, with the total number of persons 65 and older predicted to quadruple by 2050. Depression, cognitive impairment, and other mental health concerns are aging-related. SAMe has been found to improve cognitive performance and lower the likelihood of depressive disorders in older persons. Consequently, as people age, the need for SAMe supplements will likely rise.
Liver disease is a significant public health problem, affecting millions of individuals each year. SAMe has been proven to be helpful in treating liver disease and improving liver function. Consequently, as more individuals seek natural ways to improve liver function, the market for SAMe supplements is projected to rise. The expensive nature of SAMe is a critical limitation in the marketplace. SAMe pills are costlier than other supplements on the market, which may put some people off. Furthermore, SAMe supplements are frequently not reimbursed by insurance, making them less available to needy individuals.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the global S Adenosyl L Methionine SAMe Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. The porter’s five forces model can be used to assess the competitive landscape in global S Adenosyl L Methionine SAMe Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Global S Adenosyl L Methionine SAMe Market Segmentation Analysis
The Global S Adenosyl L Methionine SAMe Market is Segmented on the Basis of Type, Application, And Geography.
S Adenosyl L Methionine SAMe Market, By Type
- Tablets
- Capsules
- Others
Based on Type, the market is segmented into Tablets, Capsules, and Others. The capsule segment held a significant market share in the S Adenosyl L Methionine SAMe Market in 2021. SAMe capsules have been shown to aid in treating several illnesses, including depressive disorders, liver disease, osteoarthritis, and fibromyalgia. They are additionally believed to possess anti-inflammatory and analgesic qualities and the ability to boost mood and cognitive performance.
Several variables have contributed to the steady increase in demand for SAMe capsules throughout recent years. The increased knowledge of SAMe’s potential health advantages is one of the critical drivers of the market. As additional study becomes available on this substance, its benefits become more widely recognized, resulting in increased consumer demand.
S Adenosyl L Methionine SAMe Market, By Application
- Supermarkets
- Retail Pharmacies
- Online Pharmacies
Based on Application, the market is segmented into Supermarkets, Retail Pharmacies, and Online Pharmacies. The organization’s alcohol segment dominated the global S Adenosyl L Methionine SAMe Market with the highest market share in 2021. Retail pharmacies are open to the public and offer a simple way for customers to acquire health supplements such as SAMe capsules. Multiple variables have contributed to increased retail pharmacy interest in SAMe in the past few years. Consumers’ rising knowledge of the possible health advantages of SAMe constitutes one of the critical drivers of the market.
S Adenosyl L Methionine SAMe Market, By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
On the basis of Geography, the global S Adenosyl L Methionine SAMe Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North American region accounted for the highest market share in the global S Adenosyl L Methionine SAMe Market in the year 2021. Because of several economic variables, North America has the largest S Adenosyl L Methionine SAMe industry share. The United States, and Canada, are among the largest providers of North America’s market value. Based on its percentage of total S Adenosyl L Methionine SAMe intake in North America, the United States is predicted to be the most extensive territory in this area.
Key Players
The “Global S Adenosyl L Methionine SAMe Market” study report will provide valuable insight with an emphasis on the global market including some of the major players of the industry are Mobileye, NVIDIA Corporation, Bosch, Waymo, TomTom, Intel Corporation, Aptiv, ZF Friedrichshafen AG, Continental AG, Delphi Technologies, WABCO, DENSO Corporation, Valeo SA, Mitsubishi Electric Corporation, Magna International among others.
Our market analysis offers detailed information on major players wherein our analysts provide insight into the financial statements of all the major players, product portfolio, product benchmarking, and SWOT analysis. The competitive landscape section also includes market share analysis, key development strategies, recent developments, and market ranking analysis of the above-mentioned players globally.
Key Development
- In January 2023, Gnosis announces the expansion of its cognitive health manufacturing facility. In 2023, Gnosis by Lesaffre will expand the market for Mood & Cognitive Health products with a new manufacturing line devoted to its main ingredientSAMe (S-Adenosyl-L-Methionine) Adonat Premium.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2018-2030 |
BASE YEAR | 2021 |
FORECAST PERIOD | 2023-2030 |
HISTORICAL PERIOD | 2018-2020 |
UNIT | Value (USD Million) |
KEY COMPANIES PROFILED | Mobileye, NVIDIA Corporation, Bosch, Waymo, TomTom, Intel Corporation, Aptiv, ZF Friedrichshafen AG, Continental AG, Delphi Technologies, WABCO, DENSO Corporation, Valeo SA, Mitsubishi Electric Corporation, Magna International among others. |
SEGMENTS COVERED |
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CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |