openPR Logo
Press release

Nootropics Market Outlook 2024-2031: Trends and Opportunities/ Pfizer Inc., GlaxoSmithKline plc, Novartis AG, Mylan N.V.

04-23-2024 05:56 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Nootropics Market Outlook 2024-2031: Trends

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. For focus, the company offers Lion's Mane Mushroom (Tangerine Passionfruit). For Boost, the company offers Cordyceps Mushroom (Lemon Lime); For Calmness, the company offers Reishi Mushroom (Pineapple Peach); For effective sleep, the company offers Reishi + Melatonin (Black Raspberry)

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 -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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 Outlook 2024-2031: Trends and Opportunities/ Pfizer Inc., GlaxoSmithKline plc, Novartis AG, Mylan N.V. here

News-ID: 3472471 • Views:

More Releases from Orion Market Research

Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, …
Infrastructure as Code (IaC) Service Market was valued at approximately USD 0.932 billion, and it's projected to expand to around USD 7.509 billion by 2033, achieving a robust CAGR of 23.2% from 2024 to 2033. Infrastructure as Code (IaC) Service Market Overview The Infrastructure as Code (IaC) Service Market is experiencing remarkable expansion, fueled by the escalating need for scalable, automated infrastructure deployment across cloud and enterprise environments. In 2023, the market
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to Understanding the Process
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to …
Ultra High‐Performance Liquid Chromatography (UHPLC) Columns Market is estimated to be valued at USD 2.5 billion, and is projected to grow to approximately USD 4.8 billion by 2033, representing a compound annual growth rate (CAGR) of about 7.8% from 2024 to 2033. Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market Overview The UHPLC columns market is on a strong growth trajectory, fueled by increasing demand for rapid, high-resolution analytical techniques across pharmaceuticals, biotechnology,
Property Management Service Market Rising Demand and Growth Forecast Through 2033
Property Management Service Market Rising Demand and Growth Forecast Through 203 …
Property Management Service Market was valued at approximately USD 17.3 billion. It is anticipated to reach around USD 32.0 billion by 2033, growing at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2033. Property Management Service Market Overview The Property Management Service Market is witnessing steady growth due to increasing urbanization, rising investments in real estate, and a growing demand for outsourced property management solutions. Property owners are increasingly
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSilicon Technologies Co., Ltd., ZTE Corporation,
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSili …
The global 5G chipset market was valued at USD 33.75 billion in 2024 and is projected to reach USD 502.66 billion by 2033, growing at a compound annual growth rate (CAGR) of 35% from 2025 to 2033. 5G Chipset Market Overview The 5G chipset market is experiencing rapid growth, driven by the global rollout of 5G networks and the increasing demand for high-speed, low-latency connectivity across various applications, including smartphones, IoT

All 5 Releases


More Releases for Nootropics

Nootropics Supplement Market Trends to Hit $4.4 Billion by 2032: Powder City, Li …
The Nootropics Supplement Market Size was valued at $2.5 billion in 2022, and is estimated to reach $4.4 billion by 2032, growing at a CAGR of 6.3% from 2023 to 2032. Get a Sample PDF Report to understand our report before you purchase: https://www.alliedmarketresearch.com/request-sample/A156652 The market for nootropic supplements is continuously expanding, and one of the primary drivers of this increase is the broadening of the target population. Nootropics were traditionally
Nootropics Brain Supplements Market Demand, Size & Booming Trends 2025-2032 | On …
Nootropics Brain Supplements Market is estimated to be valued at USD 5.13 Bn in 2025 and is expected to reach USD 11.41 Bn in 2032, exhibiting a compound annual growth rate (CAGR) of 12.1% from 2025 to 2032. Latest Qualitative Research Report on the Nootropics Brain Supplements Market Size 2025, published by Coherent Market Insights, provides valuable insights into both regional and global markets projected to grow in value from 2025
Evolving Market Trends In The Nootropics Industry: Growing Preference For Vegan …
The Nootropics Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories]. What Is the Expected Nootropics Market Size During the Forecast Period? In recent times, the nootropics market has seen rapid expansion. The market is projected to escalate from a value of $5.23 billion in 2024 to
Nootropics Brain Supplements Market Overall Study Report 2024-2031 | Onnit Labs, …
Nootropics Brain Supplements Market Trends Overview 2024-2031: A new Report by Coherent Market Insights, titled "Nootropics Brain Supplements Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2031," offers a comprehensive analysis of the industry, which comprises insights on the Nootropics Brain Supplements market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market. This report has a complete table of contents, figures, tables, and charts, as
Nootropics Supplement Market Will Exhibit an Impressive Expansion by 2023-2032 | …
According to a new report published by Allied Market Research, titled, "Nootropics Supplement Market," The Nootropics Supplement Market Size was valued at $2.5 billion in 2022, and is estimated to reach $4.4 billion by 2032, growing at a CAGR of 6.3% from 2023 to 2032. 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲: https://www.alliedmarketresearch.com/request-sample/A156652 The market for nootropic supplements is continuously expanding, and one of the primary drivers of this increase is the broadening
Nootropics Market Present Scenario and Growth Prospects 2024-2031 | Onnit Labs I …
[110+ Pages Updated Report] A new study titled Nootropics Market 2024, published by the Coherent Market Insights, offers information on regional and global markets that is expected to increase in value between 2024 and 2031. The extensive research offers important visions into the market's shifting dynamics, value chain analysis, well-known investment hotspots, competitive scenarios, regional landscape, and major segments. It also offers a whole analysis of the controls and restraints