The nootropics market is forecasted to grow by USD 3578.9 mn during 2024-2029, accelerating at a CAGR of 13.5% during the forecast period. The report on the nootropics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising urban population, growing demand for smart drugs and brain boosters, and increasing awareness, cost-effectiveness, and easy accessibility of nootropic products.
Market Scope
Base Year
2025
End Year
2029
Series Year
2025-2029
Growth Momentum
Accelerate
YOY 2025
11.1%
CAGR
13.5%
Incremental Value
$3578.9 mn
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's nootropics market is segmented as below:
By Formulation
Capsules
Powder
Drinks
Others
By Distribution Channel
Offline
Online
By Geographical Landscape
North America
Europe
Asia
Rest of World (ROW)
This study identifies the growing demand in online retail as one of the prime reasons driving the nootropics market growth during the next few years. Also, increasing demand for organic nootropics and increase in research and development activities will lead to sizable demand in the market.
The report on the nootropics market covers the following areas:
Nootropics Market sizing
Nootropics Market forecast
Nootropics Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading nootropics market vendors that include Accelerated Intelligence Inc., Applied Food Sciences Inc., Careforsons LTD., Gaia Herbs Inc., Gridiron Nutrition, Health Via Modern Nutrition Inc., Kraken Koffee LLC, Mental Mojo LLC, NEU Energy, Nutraceutical Corp., Onnit Labs Inc., Opti-Nutra Ltd., Peak Nootropics, Performance Lab Ltd., PowderCity.com Ltd., Purelife bioscience Co Ltd., Reckitt Benckiser Group Plc, Roar Ambition Ltd, truBrain Inc., and Wolfson Holdco Ltd.. Also, the nootropics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Formulation
Executive Summary - Chart on Market Segmentation by Distribution Channel
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ million)
Data Table on Global - Market size and forecast 2024-2029 ($ million)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Nootropics Market 2019 - 2023
Historic Market Size - Data Table on Global Nootropics Market 2019 - 2023 ($ million)