openPR Logo
Press release

Nootropics Market Increasing Demand, Growth Analysis and Future Outlook by 2031/ Pfizer Inc., GlaxoSmithKline plc, Novartis AG, Mylan N.V., and Teva Pharmaceutical Industries Ltd

03-22-2024 07:22 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Nootropics Market Increasing Demand, Growth Analysis

The global nootropics market is anticipated to grow at a CAGR of 14.1% during the forecast period (2024-2031). New and effective product launches is anticipated to drive the demand for nootropics, thereby is driving the market growth. For instance, in March 2023, Beverage label Savvy launched a nootropic-infused beverage range designed to optimize cognitive performance. The beverage range is available in two variants: Savvy Coffee and Savvy Drink. Savvy Coffee comes in coffee pods and coffee powder, both with biodegradable compostable packaging.

Further, in October 2022, Southern California-based nootropics brand Troomy launched its product line of adaptogenic mushroom . Formulated to help support a wide range of lifestyles and functional needs, Troomy Mushroom are available in a variety of super-powered mushroom blends and flavours.

Furthermore, in August 2022, Snack brand Mindright has launched: a "first-of-its-kind" range of popped chips infused with brain-boosting nootropic ingredients. The latest range comes in three flavours - Chili Lime, Cinnamon Churro and Tumeric Ranch. The popped chips are made using the brand's signature nootropic concoction, which features ginseng, lion's mane and L-Theanine, as well as vitamins B6, B12 and antioxidants that benefit energy, mood and focus. The chips are made with 100% avocado oil, in place of traditional oils such as canola and soybean.

In May 2022, Solaray announced the launch of Solaray SharpMind: a collection of advanced nootropics expertly crafted with clinically backed nutrients, adaptogens and fermented organic mushrooms designed to support mental and emotional well-being. Five unique formula includes stress, energy, focus, mood, and sleep - offer targeted support for specific cognitive requirements.

To Request a Sample of our Report on Nootropics Market: https://www.omrglobal.com/request-sample/nootropics-market

Market Coverage

• The market number available for - 2023-2031

• Base year- 2023

• Forecast period- 2024-2031

Segment Covered-

· By Form

· By Distribution Channel

Regions Covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

• Competitive Landscape- including Pfizer Inc., GlaxoSmithKline plc, Novartis AG, Mylan N.V., and Teva Pharmaceutical Industries Ltd. among others.

A full Report of Nootropics Market is Available @ https://www.omrglobal.com/industry-reports/nootropics-market

Nootropics Market Report Segment

By Form

• Capsules/Tablets

• Powder

• Drinks

By Distribution Channel

• Online

• Offline

Nootropics Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

• AstraZeneca Plc

• Cephalon A/S

• GlaxoSmithKline plc

• Johnson & Johnson Private Ltd.

• Kimera Koffee

• Koios Beverage Corp

• Mental Mojo, LLC

• Mylan N.V.

• Novartis AG

• Onnit Labs, Inc.

• Opti-Nutra Ltd.

• Pfizer Inc.

• Reckitt Benckiser Group PLC

• Reckitt Benckiser Group plc

• Sanofi SA

• Savvy Beverage

• Teva Pharmaceutical Industries Ltd.

• TruBrain Inc.

• Wolfson Brands (Noocube)

• Zhou Nutrition LLC

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/nootropics-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Nootropics Market Increasing Demand, Growth Analysis and Future Outlook by 2031/ Pfizer Inc., GlaxoSmithKline plc, Novartis AG, Mylan N.V., and Teva Pharmaceutical Industries Ltd here

News-ID: 3440043 • Views:

More Releases from Orion Market Research

Ready to Drink (RTD) Cocktail Market Will Exhibit an Impressive Expansion by 2024-2031 | Anheuser-Busch InBev, Asahi Group Holdings, Ltd, Bacardi Ltd.
Ready to Drink (RTD) Cocktail Market Will Exhibit an Impressive Expansion by 202 …
The global RTD Cocktail market is anticipated to grow at a CAGR of 12.2% during the forecast period. The factor that is augmenting the growth of the market includes the growing demand for low-alcohol contain flavored RTD cocktails among the population especially in the young generation globally. Rum, Whiskey, Vodka, Wine, and others are the most popular cocktails that are largely consumed by people all over the world. The demand
Ready to Drink beverages Market Increasing Demand, Growth Analysis and Future Outlook by 2031/ PepsiCo. Inc., Coca Cola Bebidas de Colombia, S.A., Nestlé S.A., Red Bull GmbH, Keurig Dr Pepper
Ready to Drink beverages Market Increasing Demand, Growth Analysis and Future Ou …
Global Ready to Drink (RTD) beverages market is anticipated to grow at a CAGR of 6.5% during the forecast period (2024-2031). The market growth is attributed to the increased adoption of RTD beverages with changing lifestyle trends and rising disposable income. Consumers are now spending more on food and beverages comprising. Market players are investing in new manufacturing facilities to fulfill the growing demand. For instance, in February 2024, Coca-Cola
Plant-Based Sausage Market Size Report Predicts Healthy Growth with Demand & Forecasts by 2031 / Greenleaf Foods (Lightlife Foods, Inc.), Impossible Foods Inc., Moving Mountains Foods Ltd.
Plant-Based Sausage Market Size Report Predicts Healthy Growth with Demand & For …
The global plant-based sausage market is anticipated to grow at a significant CAGR of 15.4% during the forecast period. People are becoming more sensitive towards animals due to which there is an increasing number of consumers that are adopting vegan lifestyles. According to the National Survey commissioned online by the Vegetarian Resource Group (VRG) and the Harris Poll, approximately 46% of the US adult population prefers to eat vegetarian meals
Plant Based Butter Market Outlook 2024-2031: Trends and Opportunities/ Califia Farms LP, Conagra Brands, Inc. (Earth Balance), Melt Organic - Prosperity Organic Foods, Inc.
Plant Based Butter Market Outlook 2024-2031: Trends and Opportunities/ Califia F …
The global plant based butter market is anticipated to grow at a considerable CAGR of 5.1% during the forecast period. Increasing awareness regarding animal cruelty and its unfavorable environmental effect is expected to support industry growth as well as market growth over the forecast period. Major reason behind the increasing adoption of plant-based alternatives is social and environmental values that they offer. Organizations which work for animal rights and are

All 5 Releases


More Releases for Nootropics

Nootropics Market Expected to Reach USD 33.85 Billion By 2030
The global nootropics market size is expected to reach USD 33.85 billion by 2030, according to a new study by Polaris Market Research. The revenue growth of the global industry is anticipated to be driven by critical factors such as increasing consumer inclination towards smart drugs, a rise in the cases of Alzheimer's and depression, consumer awareness, a rise in consumer spending on supplements, and increasing R&D activities to develop more
Nootropics Market Size, Historical Growth Analysis 2022 To 2028
Precision Business Insights published a research report on "Nootropics Market By Application (Memory Enhancement, Mood & Depression, Attention & Focus, Longevity & Anti-aging, Sleep & Recovery and Anxiety), By Distribution Channel (Offline and Online) - Global/Region/Country Forecast to 2028" Nootropics, often known as brain boosters or smart pills, are medications that improve cognitive abilities such as creativity, memory, executive function, and motivation. Due to a combination of circumstances, the nootropics sector
Nootropics Market Size, Emerging Trends, Forecasts, and Analysis 2021-2026
Stratview Research announces the launch of a new research report on Nootropics Market by Drug Type (Prescription Nootropics [Modafinil, Adderall, Methylphenidate, Memantine], OTC Nootropics [Ginkgo Biloba, Panax Ginseng, Rhodiola Rosea, Nicotine, Others]), By Application (Memory Enhancement, Mood & Depression, Attention & Focus, Longevity & Anti-aging, Sleep & Recovery, Anxiety), By Distribution Channel (Offline, Online) and Region. This report provides critical insights on the market dynamics and enables strategic decision making for
Nootropics Market In-Depth Analysis including key players - Onnit Labs Inc., Acc …
Nootropics Market size was valued at USD 2.42 Billion in 2021 and is projected to reach USD 6.29 Billion by 2028, growing at a CAGR of +12% from 2021 to 2028. Market Research Inc has newly added a research report on Nootropics Market to its massive database. The report is aggregated on the basis of different dynamic aspects of the market study. Also, this most recent analytical report sorts the global
Nootropics Market Latest trending report is booming globally by Top Leading Play …
The current report on the Nootropics Market provides a comprehensive assessment of the business vertical and offers a comprehensive overview of the industry along with its key segments. The study includes an accurate estimate of the current industry scenario along with the market size, market volume, and revenue garnered by the industry. The report delivers radical data about the competitive landscape of the Nootropics industry and a thorough bifurcation of
Global Nootropics Market 2020-2026 Latest Innovations & Application Analysis wit …
Global Nootropics market, offers deep insights about the Nootropics Market covering all the crucial aspects of the market. Moreover, the report provides historical information with future forecast over the forecast period. There are different marketing strategies that every marketer looks up to in order to ace the competition in the Global market. Some of the primary marketing strategies that is needed for every business to be successful are Passion, Focus,