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Nootropic Supplements Market Share

Report ID: GMI7264
Published Date: Nov 2023
Report Format: PDF

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Nootropic Supplements Market Share

Some of the major market players operating in the nootropic supplements industry are:

Double Wood Supplements
Onnit Labs
Mental Mojo
Life Extension
Thorne Research
Mind Lab Pro
Gaia Herbs
TruBrain
Solaray
HVMN (Nootrobox Inc)
Zhou Nutrition
Kimera Koffee

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Double Wood Supplements, Onnit Labs & Mental Mojo are the major players in the Market. These companies offer a wide range of products, including racetams, adaptogens, vitamins, minerals, and amino acids. Their products are designed to support cognitive function, energy, mood, and memory.

Authors: Kiran Pulidindi, Manish Mohanan

Frequently Asked Questions (FAQ) :

Nootropic Supplements industry was valued at around USD 2,000 million in 2022 and is estimated to reach USD 4,796 million by the end of 2032, driven by increasing consumer awareness of cognitive health and performance enhancement.

Memory enhancement segment is anticipated to grow at 8.7% CAGR through 2032, attributed to the growing demand for products targeting cognitive performance and memory retention among students, professionals, and older adults.

North America market was worth USD 690.5 million in 2022 and is anticipated to expand at a significant pace from 2023-2032, driven by the increasing consumer awareness of cognitive health, a thriving wellness culture, and the presence of prominent players in the region.

Double Wood Supplements, Onnit Labs, Mental Mojo, Life Extension, Thorne Research, Mind Lab Pro, Gaia Herbs, TruBrain , Solaray, HVMN (Nootrobox Inc), Zhou Nutrition, and Kimera Koffee.