A new Report by Delvens, titled "Nootropics market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The Nootropics market size is projected to reach a CAGR of 15.2% to 2028.
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Nootropic is a type of drug which is believed to have a stimulatory action over brain and is thus used as a brain booster. These are also known as cognition enhancers or memory enhancing substances. Some of them are creatine, caffeine and ginko biloba.
Growing demand for smart drug and brain booster along with the recent developments in the sector are some of the factors that have supported long-term expansion for Nootropics Market.
Regional Analysis
North America is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the surged demand along with the online distribution in play.
Key Player
· Onnit Labs
· Reckitt Benckiser Group plc.
· Mental Mojo, LLC
· NooCube
· Mind Lab Pro
· TruBrain
· Neu Drinks
· Peak Nootropics
· Zhou Nutrition
· Kimera Koffee and More
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Recent Developments
In October 2021, Savvy brevrages is all set to come up with coffee and soft drinks incorporated with nootropic ingredients.
In February 2021, Mind Cure Health Inc. Announced that it would soon launch its original nootropic products in the market.
Nootropics Market is segmented into form, distribution channel and region.
On the basis of Form
· Capsules/Tablets
· Powder
· Drinks
· Others
On the basis of Distribution Channel
· Offline
· Online
On the basis of Region
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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In addition to the market data for Nootropicss Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
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