Press release
Nootropics Global Market Eyes Accelerated Growth with $6.01 Billion Sales Projection by 2025
Nootropics Global Market Report 2025
What Is The Projected Market Size Of The Nootropics Global Market And Its Growth Rate?
The global nootropics market has marked a swift expansion over the past years and is poised to continue the trend with notable CAGR numbers.
• From $5.23 billion in 2024, the market is expected to surge to $6.01 billion in 2025 (CAGR of 14.8%)
• Market projections for 2029 denote a leap to $11.46 billion (CAGR of 17.5%)
This growth is primarily driven by aging population, increased R&D, e-commerce expansion, and rise in esports during the historical period. The forecast period is marked by stress, cognitive demands, globalization, disposable income growth, mental health awareness, and emerging market expansion.
What Is Driving The Growth In The Nootropics Global Market?
The nootropics market finds a major growth impetus in the increasing spending on health and wellness. As people turn more aware of their physical and mental health, the demand for nootropics, used for maintaining health and wellness, is on the rise. For instance, UK's healthcare expenditure saw a 5.6% hike in nominal terms between 2022 and 2023 as per the Office for National Statistics.
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Who Are the Key Players Driving Nootropics Global Market Growth?
• Accelerated Intelligence Inc.
• AlternaScript Inc. Health Via Modern Nutrition Inc.
• Mental Mojo LLC.
• Peak Nootropics
• PureLife Bioscience Co. Ltd.
• TruBrain
• PepsiCo
• Superior Supplement Manufacturing
• Equinox Nutraceuticals, Natural Stacks Inc.
• Gaia Herbs Farms.
• Kimera Koffee LLC.
• Onnit Labs LLC.
• Reckitt Benckiser Group plc.
• OUTLIERS INC.
• Teva Pharmaceutical Industries Ltd.
• United Pharmacies
• Clarity Nootropics
• OptiMind
• HVMN Inc.
• BioAdaptives Inc.
• Powder City
What Are The Key Trends In The Nootropics Global Market?
Nootropics market is witnessing emergent trends like:
• Adoption of natural and plant-based nootropics
• Emergence of digital nootropics
• Usage of transcranial stimulation devices
• Sustainable and ethical sourcing
• Industry collaborations
What Are The Segments Of The Global Nootropics Global Market?
The nootropics market spans diverse categories -
1) By Drug Type: Prescription Nootropics, OTC Nootropics
2) By Form: Capsules or Tablets, Powder, Drinks, Other Forms
3) By Distribution Channel: Offline, Online
4) By Application: Memory Enhancement, Mood and Depression, Attention and Focus, Longevity and Anti-aging, Sleep and Recovery, Anxiety
Which Region Leads The Nootropics Global Market?
Being the largest region in the nootropics market in 2024, North America is dominating the nootropics market. However, Asia-Pacific is slated to be the fastest-growing region in the forecast period. The report covers significant regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, and the Middle East & Africa.
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What Is Covered In The Nootropics Global Market Report?
• Market Size Analysis: Analyze the market size by key regions, countries, product types, and applications.
• Market Segmentation Analysis: Identify various subsegments within the market for effective categorization.
• Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
• Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
• Market Contribution: Evaluate contributions of different segments to the overall market growth.
• Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
• Industry Challenges: Analyze challenges and risks affecting the market.
• Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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