Nootropics Market Size, Share & Trends Analysis Report By Application (Memory Enhancement, Mood & Depression, Attention & Focus, Anxiety), By Distribution Channel, And Segment Forecasts, 2019 - 2025

Published: Sep, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)

The global nootropics market size is expected to reach USD 4.94 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 12.5% during the forecast period. Rising expenditure on wellness and healthcare is anticipated to fuel the growth. In addition, rising awareness regarding mental health among millennials in developing countries including China and India is expected to boost the demand for nootropics.

The memory enhancement application segment led the nootropics market in 2018 and it is expected to continue leading over the forecast period. Increasing consumption of smart drugs to gain a competitive advantage in academic performance is expected to positively influence the growth. Adrafinil, Noopept, Modafinil, Phosphatidylserine, and Phenylalanine Nootropics help improve memory. A significant part of the elderly population with mild Alzheimer's disease is also prescribed with these medications. In 2018, around 46 million people were suffering from Alzheimer's disease and dementia across the world. Finland, U.S., Canada, Iceland, and Sweden have the highest population of dementia patients. This factor is anticipated to drive the demand for nootropics.

Asia Pacific is expected to register the fastest CAGR in the upcoming years. Rapid growth of the academic, professional, and sports industries is anticipated to fuel the regional product demand. Rising prevalence of Alzheimer's disease in the developing countries is expected to widen the scope of demand for nootropics in the forthcoming years.

Key competitors operating in the nootropics market include Accelerated Intelligence Inc.; AlternaScript; HVMN; Onnit Labs, Inc.; Peak Nootropics; Teva Pharmaceutical Industries; Purelife bioscience Co., Ltd.; United Pharmacies; SupNootropic bio co., Ltd.; and Powder City. Product innovation is one of the major business expansion strategies adopted by the market players. Growing demand for natural products is encouraging the manufacturers to invest more in R&D of natural nootropics and to expand their product portfolio.

Further key findings from the report suggest:

• North America held the largest market share of more than 37% in terms of revenue in 2018

• Asia Pacific is expected expand at the fastest CAGR of 18.8% from 2019 to 2025. Hectic lifestyle and fluctuating diet patterns among working population in developing countries is expected to promote the demand for of nootropics drugs

• Memory enhancement application held the largest market share of over 30% in 2018, owing to increased consumption of these products among students

• Online distribution channel is expected register the fastest CAGR of 14.2% from 2019 to 2025

• Accelerated Intelligence Inc.; AlternaScript; HVMN; Onnit Labs, Inc.; Peak Nootropics; and Teva Pharmaceutical Industries are some the major players operating in the nootropics market

 Table of Contents

Chapter 1. Methodology and Scope
                     1.1. Market Segmentation & Scope
                     1.2. Market Definition
                     1.3. Information Procurement
                          1.3.1. Purchased Database
                          1.3.2. GVR's Internal Database
                          1.3.3. Secondary Sources & Third-Party Perspectives
                          1.3.4. Primary Research
                     1.4. Information Analysis
                          1.4.1. Data Analysis Models
                     1.5. Market Formulation & Data Visualization
                     1.6. Data Validation & Publishing

Chapter 2. Executive Summary
                     2.1. Market Outlook
                     2.2. Segmental Outlook
                     2.3. Competitive Insights

Chapter 3. Nootropics Market Variables, Trends & Scope
                     3.1. Market Introduction
                     3.2. Penetration & Growth Prospect Mapping
                     3.3. Industry Value Chain Analysis
                          3.3.1. Sales/Retail Channel Analysis
                          3.3.2. Profit Margin Analysis
                     3.4. Market Dynamics
                          3.4.1. Market Driver Analysis
                          3.4.2. Market Restraint Analysis
                          3.4.3. Industry Challenges
                          3.4.4. Industry Opportunities
                     3.5. Business Environment Analysis
                          3.5.1. Industry Analysis - Porter's
                               3.5.1.1. Supplier Power
                               3.5.1.2. Buyer Power
                               3.5.1.3. Substitution Threat
                               3.5.1.4. Threat from New Entrant
                               3.5.1.5. Competitive Rivalry
                     3.6. Roadmap of Nootropics Market
                     3.7. Market Entry Strategies

Chapter 4. Consumer Behavior Analysis
                     4.1. Consumer Trends and Preferences
                     4.2. Factors Affecting Buying Decision
                     4.3. Consumer Product Adoption
                     4.4. Observations & Recommendations

Chapter 5. Nootropics Market: Application Estimates & Trend Analysis
                     5.1. Application Movement Analysis & Market Share, 2018 & 2025
                     5.2. Memory Enhancement
                          5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                     5.3. Mood & Depression
                          5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                     5.4. Attention & Focus
                          5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                     5.5. Longevity & Anti-aging
                          5.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                     5.6. Sleep & Recovery
                          5.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                     5.7. Anxiety
                          5.7.1. Market estimates and forecast, 2015 - 2025 (USD Million)

Chapter 6. Nootropics Market: Distribution Channel Estimates & Trend Analysis
                     6.1. Distribution Channel Movement Analysis & Market Share, 2018 & 2025
                     6.2. Offline
                          6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                     6.3. Online
                          6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)

Chapter 7. Nootropics Market: Regional Estimates & Trend Analysis
                     7.1. Regional Movement Analysis & Market Share, 2018 & 2025
                     7.2. North America
                          7.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.2.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                          7.2.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                          7.2.4. U.S.
                               7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                               7.2.4.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                               7.2.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                     7.3. Europe
                          7.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.3.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                          7.3.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                          7.3.4. Germany
                               7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                               7.3.4.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                               7.3.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                          7.3.5. U.K.
                               7.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                               7.3.5.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                               7.3.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                     7.4. Asia Pacific
                          7.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.4.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                          7.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                          7.4.4. China
                               7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                               7.4.4.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                               7.4.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                          7.4.5. India
                               7.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                               7.4.5.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                               7.4.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                     7.5. Central & South America
                          7.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.5.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                          7.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                          7.5.4. Brazil
                               7.5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                               7.5.4.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                               7.5.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                     7.6. Middle East & Africa (MEA)
                          7.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.6.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                          7.6.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                          7.6.4. South Africa
                               7.6.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                               7.6.4.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                               7.6.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)

Chapter 8. Competitive Analysis
                     8.1. Key global players, recent developments & their impact on the industry
                     8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                     8.3. Vendor Landscape
                          8.3.1. Key company market share analysis, 2018

Chapter 9. Company Profiles
                     9.1. Accelerated Intelligence Inc.
                          9.1.1. Company Overview
                          9.1.2. Financial Performance
                          9.1.3. Product Benchmarking
                          9.1.4. Strategic Initiatives
                     9.2. AlternaScript
                          9.2.1. Company Overview
                          9.2.2. Financial Performance
                          9.2.3. Product Benchmarking
                          9.2.4. Strategic Initiatives
                     9.3. HVMN
                          9.3.1. Company Overview
                          9.3.2. Financial Performance
                          9.3.3. Product Benchmarking
                          9.3.4. Strategic Initiatives
                     9.4. Onnit Labs, Inc.
                          9.4.1. Company Overview
                          9.4.2. Financial Performance
                          9.4.3. Product Benchmarking
                          9.4.4. Strategic Initiatives
                     9.5. Peak Nootropics
                          9.5.1. Company Overview
                          9.5.2. Financial Performance
                          9.5.3. Product Benchmarking
                          9.5.4. Strategic Initiatives
                     9.6. Teva Pharmaceutical Industries
                          9.6.1. Company Overview
                          9.6.2. Financial Performance
                          9.6.3. Product Benchmarking
                          9.6.4. Strategic Initiatives
                     9.7. Purelife bioscience Co., Ltd.
                          9.7.1. Company Overview
                          9.7.2. Financial Performance
                          9.7.3. Product Benchmarking
                          9.7.4. Strategic Initiatives
                     9.8. United Pharmacies
                          9.8.1. Company Overview
                          9.8.2. Financial Performance
                          9.8.3. Product Benchmarking
                          9.8.4. Strategic Initiatives
                     9.9. SupNootropic bio co.,ltd
                          9.9.1. Company Overview
                          9.9.2. Financial Performance
                          9.9.3. Product Benchmarking
                          9.9.4. Strategic Initiatives
                     9.10. Powder City
                          9.10.1. Company Overview
                          9.10.2. Financial Performance
                          9.10.3. Product Benchmarking
                          9.10.4. Strategic Initiatives

List of Tables

1. Nootropics - Key market driver analysis
2. Nootropics - Key market restraint analysis
3. Global nootropics market estimates and forecast for memory enhancement, 2015 - 2025 (USD Million)
4. Global nootropics market estimates and forecast for mood & depression, 2015 - 2025 (USD Million)
5. Global nootropics market estimates and forecast for attention & focus, 2015 - 2025 (USD Million)
6. Global nootropics market estimates and forecast for longevity & anti-aging, 2015 - 2025 (USD Million)
7. Global nootropics market estimates and forecast for sleep & recovery, 2015 - 2025 (USD Million)
8. Global nootropics market estimates and forecast for anxiety, 2015 - 2025 (USD Million)
9. Global nootropics market estimates and forecast through offline, 2015 - 2025 (USD Million)
10. Global nootropics market estimates and forecast through online, 2015 - 2025 (USD Million)
11. North America nootropics market estimates and forecast, 2015 - 2025 (USD Million)
12. North America nootropics market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
13. North America nootropics market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
14. U.S. nootropics market estimates and forecast, 2015 - 2025 (USD Million)
15. U.S. nootropics market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
16. U.S. nootropics market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
17. Europe nootropics market estimates and forecast, 2015 - 2025 (USD Million)
18. Europe nootropics market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
19. Europe nootropics market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
20. Germany nootropics market estimates and forecast, 2015 - 2025 (USD Million)
21. Germany nootropics market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
22. Germany nootropics market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
23. U.K. nootropics market estimates and forecast, 2015 - 2025 (USD Million)
24. U.K. nootropics market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
25. U.K. nootropics market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
26. Asia Pacific nootropics market estimates and forecast, 2015 - 2025 (USD Million)
27. Asia Pacific nootropics market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
28. Asia Pacific nootropics market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
29. China nootropics market estimates and forecast, 2015 - 2025 (USD Million)
30. China nootropics market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
31. China nootropics market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
32. India nootropics market estimates and forecast, 2015 - 2025 (USD Million)
33. India nootropics market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
34. India nootropics market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
35. Central & South America nootropics market estimates and forecast, 2015 - 2025 (USD Million)
36. Central & South America nootropics market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
37. Central & South America nootropics market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
38. Brazil nootropics market estimates and forecast, 2015 - 2025 (USD Million)
39. Brazil nootropics market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
40. Brazil nootropics market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
41. MEA nootropics market estimates and forecast, 20145- 2025 (USD Million)
42. MEA nootropics market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
43. MEA nootropics market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
44. South Africa nootropics market estimates and forecast, 20145- 2025 (USD Million)
45. South Africa nootropics market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
46. South Africa nootropics market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
47. Vendor landscape

List of Figures

1. Nootropics market snapshot
2. Nootropics market segmentation & scope
3. Nootropics market penetration & growth prospect mapping
4. Nootropics value chain analysis
5. Nootropics market dynamics
6. Nootropics market Porter's analysis
7. Nootropics market: Application movement analysis
8. Nootropics market: Distribution channel movement analysis
9. Nootropics market: Regional movement analysis