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Nootropic Supplement Market Share

Report ID: GMI7264
Published Date: Dec 2024
Report Format: PDF

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Nootropic Supplement Market Share

Nootropic Supplements Market Company Share, 2024

Market players in the nootropic supplement industry are adopting several strategies to drive growth and capture market share. These include product innovation, such as the development of new formulations with natural ingredients and enhanced bioavailability to cater to consumer demand for safe and effective options. Companies are also focusing on branding and awareness campaigns, leveraging social media, influencers, and health professionals to build trust. Additionally, strategic partnerships with e-commerce platforms and retail chains help expand market reach. Many players are also prioritizing sustainability, offering eco-friendly packaging and transparency regarding ingredient sourcing to appeal to environmentally-conscious consumers.

Nootropic Supplement Market Companies

Major players operating in the nootropic supplement industry are:

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

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of nootropic supplement reached USD 2.3 billion in 2024 and is set to grow at a 7.8% CAGR from 2025 to 2034, driven by increasing consumer interest in mental well-being and productivity.

The capsules and tablets segment accounted for over USD 1.2 billion in 2024 and is expected to expand at a 7.6% CAGR through 2032, as these formats offer convenience, precise dosage, and widespread consumer preference.

The U.S. market was valued at USD 476.9 million in 2024 and is expected to witness 7.9% CAGR through 2034, fueled by increasing awareness of brain health and cognitive enhancement among consumers.

The key players in the industry include Double Wood Supplements, Gaia Herbs, HVMN, Kimera Koffee, Life Extension, Mental Mojo, Mind Lab Pro, Onnit Labs, Solaray, Thorne Research, TruBrain, and Zhou Nutrition.