Data Bridge Market Research analyses that the nootropics market was valued at USD 10.90 billion in 2021 and is expected to reach USD 30.75 billion by 2029, registering a CAGR of 13.85% during the forecast period of 2022 to 2029.
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Market Definition
Nootropics are supplements, smart medications, psychological enhancers, pharmaceuticals, or other substances that can help people with good health improve their cognitive function, specifically executive functions, motivation, creativity, and memory. These are available in both prescription as well as non-prescription forms. Prescription nootropics are drugs that are used to treat conditions such as Alzheimer's disease, attention deficit hyperactivity disorder (ADHD), and narcolepsy. Non-prescription medicines are used to improve concentration and brain performance rather than to treat ailments.
Global Nootropics Market Scope
The nootropics market is segmented on the basis of type, indication, dosage form, route of administration, end-users and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Nootropics Market Regional Analysis/Insights
The nootropics market is analyzed and market size insights and trends are provided by country, type, indication, dosage form, route of administration, end-users and distribution channel as referenced above.
The countries covered in the Nootropics market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Competitive Landscape and Nootropics Market Share Analysis
The Nootropics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to nootropics market.
Some of the major players operating in the nootropics market are:
Pfizer Inc. (US)
GlaxoSmithKline plc (UK)
Novartis AG (Switzerland)
Mylan N.V. (US)
Teva Pharmaceutical Industries Ltd. (Israel)
Sanofi (France)
AstraZeneca (UK)
Johnson Johnson Private Limited (US)
Cephalon A/S (Denmark)
Reckitt Benckiser Group PLC (UK)
Onnit Labs, Inc. (US)
Mental Mojo, LLC (US)
Noocube (UK)
Opti-Nutra Ltd (UK)
TruBrain (US)
Zhou Nutrition (Utah)
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Highlights of TOC:
Chapter 1: Market overview
Chapter 2: Global Nootropics Market
Chapter 3: Regional analysis of the Global Nootropics Market industry
Chapter 4: Global nootropics Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
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