North America Stress Relief Supplements Market Report

Stress is a natural biological reaction to the challenges we face every day. It directly affects mental health so it is important to de-stress. There have been various changes from past few decades witnessing several ways people perceive their work and other commitments. Balance between work-life has been disrupted beyond comprehension in several regional zones. Self-care practices help to reduce and manage stress levels but, sometimes supplements are required. These supplements provide a targeted nutritional approach to stress relief. 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. Due to which the demand for stress relief supplements market is expected to grow in the forecast period.

Market Dynamics- North America Stress Relief Supplements Market

Stress relief supplements market is fastest-expanding field in the healthcare sector owning to the soaring number of sleep-deprived people and surging prevalence of hectic lifestyles. Balance between work-life has been disrupted due to sedentary lifestyle and changing eating habits. Further, growing use of social networking platforms has driven towards increased stress levels in people. Thus, there has been increased need for stress relief supplements. As the stigma surrounding mental disorders like stress, depression and anxiety is gradually diminishing, consumption of supplements and drugs for stress relief has become more normal now than ever before. As a result, the stress relief supplements market is expected to account profitable growth in the forecast period.

COVID-19 Impact on North America Stress Relief Supplements Market

The exclusive COVID-19 impact analysis report by Axiom MRC provides a 360 degree analysis of micro and macro-economic factors on the stress relief supplements market. In addition, complete analysis of changes on the stress relief supplements market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on North America 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.

North America Stress Relief Supplements Market- Segmental Overview

The stress relief supplements market comprises of different market segment like by source, supplement, form, nature, distribution channel and country.

North America Stress Relief Supplements Market by Source

By source the stress relief supplements market consists ashwagandha, chamomile, lavender, melatonin, rhodiola, l-theanine. Ashwagandha is expected to lead the stress relief supplements market as ashwagandha is an important herb in ayurvedic medicine.  Ashwagandha is an important herb in Ayurvedic medicine. This is one of the world’s oldest medical herb that helps maintain youth both mentally and physically as it can have neuroprotective and anti-inflammatory effects. Inflammation underpins many health conditions and reducing inflammation can protect the body against a variety of conditions. Furthermore, in view of the medical fraternity is consistently trying to develop core methods to address a variety of mental health issues, the demand for stress relief supplements will rise further in the forecast period. 

North America Stress Relief Supplements Market by Supplement

On the basis of supplement stress relief supplements market is segmented into tryptophan, zinc, magnesium, vitamin B, iron supplement. Tryptophan is an essential amino acid that helps the body make proteins and certain brain -signaling chemicals. Your body changes tryptophan into a brain chemical called serotonin. Serotonin helps control your mood and sleep. Low levels of tryptophan have been seen in people with depression. Daily intake of tryptophan may help to improve your mood or ward off mental health disorders such as depression. The B- vitamins are intimately involved in the function of the nervous system, and so can play a role in helping to counter some of the negative effects of stress.

North America Stress Relief Supplements Market by Form

Various forms in which stress relief supplements are available in the market that is segmented into capsules & tablets, oils, powders. The capsules & tablets segment is expected to lead the stress relief supplements market in the forecast period. Tablets are generally low in price and offer high-potency options. They have a longer shelf life than the other forms. However, capsules are a highly preferred form as they are easier to swallow. Quick absorption, rapid onset of action and reduction in drug loss properties are the basic advantages of this dosage form.

North America Stress Relief Supplements Market by Nature

By category the North America stress relief supplements market is segmented into natural and chemical based. The natural segment is assumed to dominate the market accounting for the largest market share. The natural based supplements help in boosting immunity and help to fight anxiety and disorders without causing any adverse side effects. The majority of supplements available on the market today are made artificially. These include vitamins, antioxidants, minerals and amino acids, among others and are made to mimic the way natural nutrients act in our bodies. However the chemical based supplements shows adverse side effects.

North America Stress Relief Supplements Market by Distribution Channel

Based on distribution channel, the stress relief supplements are segmented into online and offline. The offline segment accounted for the largest market share and expected to dominate in the forecasted period. Due to the easily availability of supplements in supermarket and hypermarkets the offline segment leads the market. As the online delivery takes longer time and due to the chances of misplacing the product the offline segment is most preferred. Specialty stores play a major role in the distribution of stress relief supplements. It is expected to be the fastest-growing sub-segment during the forecast period.

North America Stress Relief Supplements Market by Country

North America stress relief supplements market is studied for the following countries like United States, Canada and Mexico. The demand for stress relief supplements in region is due to rising disruption between work-life balance and increasing stress and anxiety amongst the population in the region. Based on country, the United States is expected to gain major market share during the estimated time period. The presence of key manufacturer in the country and rising demand for stress relief supplements increasing number of depression patients in the region. The consumption of stress relief supplements is extremely high in the US, with demand driven by the increasing geriatric population, a focus on preventive healthcare, rising consumer awareness, and sales through online channels.

North America Stress Relief Supplements Market Key Player

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. 

Recent Developments: 

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.