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Nootropic Supplement Market Trends

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

Nootropic Supplement Market Trends

The nootropic supplements industry is experiencing substantial growth, driven by increasing consumer interest in cognitive health, mental performance, and stress management. According to the National Center for Health Statistics, approximately 17.7% of adults aged 18 and over used dietary supplements for brain health in 2020. The market is seeing a rise in demand for natural, plant-based nootropics, aligning with the U.S. Department of Agriculture's report that organic food sales accounted for 5.8% of total food sales in 2019.
 

The aging population's focus on brain health is also boosting market demand, with the U.S. Census Bureau projecting that by 2030, 20.6% of the population will be 65 years or older. Additionally, the popularity of e-sports and productivity culture is driving younger demographics to use nootropics for focus and concentration.
 

The National Institutes of Health reports that 37.6% of adults aged 18-39 used any dietary supplement in the past 30 days. With growing awareness of mental well-being, innovations in product formulations and delivery methods (capsules, powders, beverages) are shaping the market's future, supported by the FDA's regulatory framework for dietary supplements.

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.

Nootropic Supplement Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 12
  • Tables & Figures: 165
  • Countries covered: 18
  • Pages: 235
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