Global nootropics market expected to reach approximately USD 5,959 million by 2024, at a CAGR of around 15.7% between 2018 and 2024. The progression of the nootropics market is primarily due to the rising consumer expenditure on healthcare and wellness.
The report covers a forecast and an analysis of the nootropics market on a global and regional level. The study provides historic data for 2015, 2016, and 2017 along with a forecast from 2018 to 2024 based on revenue (USD Million). The study includes drivers and restraints of the nootropics market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities and threats to the nootropics market on a global level.
To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the nootropics market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the nootropics market by segmenting the market based on application and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. Based on application, the nootropics market is segmented into memory enhancement, mood and depression, attention and focus, longevity and anti-aging, sleep, recovery and dream enhancement, and anxiety. The regional segmentation includes North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further divided into major countries including the U.S., Germany, France, UK, China, Japan, India, and Brazil.
The report includes detailed profiles of the key players in the nootropics market globally, such as Accelerated Intelligence, Inc., Nootrobox, Inc., AlternaScript LLC, Onnit Labs LLC, Cephalon, Inc., Clarity Nootropics, Peak Nootropics, United Pharmacies, Powder City LLC, Purelife Bioscience Co., Ltd, and SupNootropic Biological Technology Co., Ltd., among others.
This report segments the global nootropics market into:
Global Nootropics Market: Application Analysis
Global Nootropics Market: Regional Analysis