Global Nootropics Supplements

Global Nootropics Supplements Market Research Report: Forecast (2022-27)

By Product Type (Natural, Synthetic), By Product Category (Prescription, Over-the-Counter), By Form (Capsules & Tablets, Powder & Liquid, Gummies & Softgels), By Application (Attention & Focus, Mood & Read more

  • Food & Beverages
  • Jun 2022
  • 186
  • FB55022

Market Definition

Nootropic Supplements are consumed to enhance the functioning of the brain by boosting the memory, alertness, cognitive functioning, etc., of the individuals. Various types of natural & synthetic ingredients are added in the formulation of nootropic drugs for improving brain function in healthy persons. Nowadays, the competitive, busy, and stressful lifestyle has led to the deterioration of the health of individuals. Therefore, to enhance memory, alertness, creativity, and other brain activities & to sustain in the competitive society, the customers around the world are adding nootropic supplements to their diet as they are easy to consume & are readily available in the market. Moreover, the presence of the nootropic supplements in various food items available in the market helps the customers choose at their convenience & easily add the supplements to their diet

Market Insights

The Global Nootropic Supplement Market is projected to grow at a CAGR of around 14.71% during the forecast period, i.e., 2022-27. The industry has grown as a result of several factors, including the rise in demand for smart medicines & other brain-boosting supplements by students, athletes, professionals, and others to improve their focus & memory. Moreover, the increasing investment by the companies to develop new products with the changing customer preference is providing customers with numerous options based on their needs.

Report Coverage Details
Study Period Historical Data: 2017-20
Base Year: 2021
Forecast Period: 2022-27
CAGR (2022-2027) 14.71%
Regions Covered North America: The US, Canada, Mexico
South America: Brazil, Rest of South America
Europe: Germany, The UK, France, Italy, Spain, Rest of Europe
Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia Pacific
Middle East & Africa: Saudi Arabia, UAE, Israel, Turkey, Egypt, Rest of Middle East & Africa
Key Companies Profiled Onnit Labs, Mental Mojo, LLC, NooCube, Mind Lab Pro, TruBrain, Peak Nootropics, Zhou Nutrition, Kimera Koffee, Neu Drink, Accelerated Intelligence Inc, AlternaScript LLC, Cephalon, Inc, SupNootropic bio co, Ltd, Teva Pharmaceutical Industries Ltd, Nootrobox Inc, Others
Unit Denominations USD Million/Billion

 

Furthermore, the COVID-19 pandemic contributed significantly to the growth of these supplements in the market, as during the pandemic, several individuals faced mental health issues like anxiety, depression, etc., that further shifted their preference toward Nootropic supplements to boost their mental health, focus, creativity, etc.

Therefore, during COVID-19 various retailers launched their online stores to cater to the increased demand during the period. Additionally, other significant factors, such as increased awareness, the convenience of availability, and the affordability of nootropic products, are further driving the market growth.

Key Trends in the Market

  • Rising Awareness About Mental Health to Lead the Market Growth

Mental illness is prevalent & one of the most common diseases in society. According to the World Health Organization (WHO), depression is a common illness in the world & approximately 3.8% of the world's population is affected by it, including 5% among adults. However, the awareness & attention to mental health were less prominent around the world. Further, COVID-19 led to increased mental instability & depression among the population during the lockdown phase, which shifted their focus toward mental health & well-being.

Thus, the customers started to shift towards a healthy diet with supplements to boost their mental health & stability. However, the increasing awareness among the population about mental health & available medication for it has helped the Nootropic supplements to gain attention in the global market.

Impact of COVID-19 on the Global Nootropic Supplement Market

In 2020, the outbreak of the COVID-19 pandemic & the lockdown imposed by the governments around the world affected the supply chain & trade of goods & people, that further led to the unavailability of raw materials affecting the production of new products in the global market. However, the increased usage of the internet, and growth in health issues like immunity, depression, etc., during the pandemic period accelerated the popularity of the Nootropic supplements in the market.  Post-pandemic the need for memory-improving drugs also witnessed a surge in the demand due to increased stress levels among consumers.

Hence, the increased stress level, growing penetration of the internet among customers & online advertisements have played a significant role in creating awareness about Nootropic products in the market during the COVID-19 period, thereby enhancing the market growth.

  1. Introduction
    1. Research Process
    2. Assumption
    3. Market Segmentation
    4. Market Definition
  2. Executive Summary
  3. Impact of Covid-19 on Global Nootropics Supplements Market
  4. Global Nootropics Supplements Market Trends & Insights
  5. Nootropics Supplements Market Research Report
    1. Growth Drivers
    2. Challenges
  6. Global Nootropics Supplements Market Hotspot & Opportunities
  7. Global Nootropics Supplements Market Outlook, 2017–2027F
    1. Market Size and Analysis
      1. By Revenues (USD Billion)
    2. Market Share and Analysis
      1. By Product Type
        1. Natural
        2. Synthetic
      2. By Product Category
        1. Prescription
        2. Over the Counter
      3. By Form
        1. Capsules/Tablets
        2. Powder
        3. Liquid
        4. Gummies & Softgel
      4. By Application
        1. Attention & Focus
        2. Mood & Depression
        3. Memory Enhancement
        4. Longevity & Anti-aging
        5. Anxiety
        6. Others (Sleep, Recovery, etc.)
      5. By Distribution Channel
        1. Online
        2. Offline
      6. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia-Pacific
      7. By Company
        1. Competition Characteristics
        2. Revenue Shares
  8. North America Nootropics Supplements Market Outlook, 2017–2027F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Product Type
      2. By Product Category
      3. By Form
      4. By Application
      5. By Distribution Channel
      6. By Country
        1. The US
        2. Canada
        3. Mexico
    3. The US Nootropics Supplements Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Form
    4. Canada Nootropics Supplements Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Form
    5. Mexico Nootropics Supplements Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Form
  9. South America Nootropics Supplements Market Outlook, 2017–2027F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Product Type
      2. By Product Category
      3. By Form
      4. By Application
      5. By Distribution Channel
      6. By Country
        1. Brazil
        2. Rest of South America
    3. Brazil Nootropics Supplements Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Form
  10. Europe Nootropics Supplements Market Outlook, 2017–2027F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Product Type
      2. By Product Category
      3. By Form
      4. By Application
      5. By Distribution Channel
      6. By Country
        1. Germany
        2. The UK
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
    3. Germany Nootropics Supplements Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Form
    4. The UK Nootropics Supplements Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Form
    5. France Nootropics Supplements Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Form
    6. Italy Nootropics Supplements Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Form
    7. Spain Nootropics Supplements Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Form
  11. Middle East & Africa Nootropics Supplements Market Outlook, 2017–2027F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Product Type
      2. By Product Category
      3. By Form
      4. By Application
      5. By Distribution Channel
      6. By Country
        1. Saudi Arabia
        2. UAE
        3. Israel
        4. Turkey
        5. Egypt
        6. Rest of Middle East & Africa
    3. Saudi Arabia Nootropics Supplements Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Form
    4. UAE Nootropics Supplements Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Form
    5. Israel Nootropics Supplements Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Form
    6. Turkey Nootropics Supplements Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
      3. By Form
    7. Egypt Nootropics Supplements Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Form
  12. Asia-Pacific Nootropics Supplements Market Outlook, 2017–2027F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Product Type
      2. By Product Category
      3. By Form
      4. By Application
      5. By Distribution Channel
      6. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Australia
        6. Rest of Asia Pacific
    3. China Nootropics Supplements Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Form
    4. India Nootropics Supplements Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Form
    5. Japan Nootropics Supplements Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Form
    6. South Korea Nootropics Supplements Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Form
    7. Australia Nootropics Supplements Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Form
  13. Global Nootropics Supplements Market Key Strategic Imperatives for Success and Growth
  14. Competitive Outlook
    1. Competition Matrix
      1. Application Portfolio
      2. Brand Specialization
      3. Target Markets
      4. Target Applications
      5. Research & Development
      6. Strategic Alliances
      7. Strategic Initiatives
    2. Company Profiles (Business Description, Application Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. Onnit Labs
      2. Mental Mojo, LLC
      3. NooCube
      4. Mind Lab Pro
      5. TruBrain
      6. Peak Nootropics
      7. Zhou Nutrition
      8. Kimera Koffee
      9. Neu Drink
      10. Accelerated Intelligence Inc
      11. AlternaScript LLC
      12. Cephalon, Inc
      13. SupNootropic bio co, Ltd
      14. Teva Pharmaceutical Industries Ltd
      15. Nootrobox Inc
      16. Others
  15. Disclaimer
Nootropics Supplements Market - Segmentation
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