Nootropics Market Is Likely to Experience a Strong Growth During 2021-2026

1. Presents a Research Report on Nootropics Market The report on the Nootropics Market is segmented By Drug Type (Prescription Nootropics [Modafinil, Adderall, Methylphenidate, Memantine], OTC Nootropics [Ginkgo Biloba, Panax Ginseng, RhodiolaRosea, Nicotine, Others]), By Application (Memory Enhancement, Mood & Depression, Attention & Focus, Longevity & Anti-aging, Sleep & Recovery, Anxiety), By Distribution Channel (Offline, Online) and Region. sales@stratviewresearch.com +1-313-307-4176 www.stratviewresearch.com Market Reports Advisory & Consulting Sourcing Intelligence

2. Nootropics Market Highlights& Drivers • TheNootropics Market is projected to grow from USD xx million in 2020 to USD xx million by 2026 at a CAGR of over 7.4% during the forecast period. • MarketDynamics • Increasing demand for smart drugs and brain boosters is likely to augment the demand for nootropics. • A large number of professionals and students consume these smart drugs to enhance memory and focus. • Continuous product development using both natural and synthetic raw materials is further expected to propel market growth. • Furthermore, the surge in the vegan population in developed countries of Europe and North America is further expected to boost the need for plant-based nootropic products. • In addition, the surging demand for multi-utility drugs that work as an energy booster, antidepressants, and anxiety resistance further offer immense opportunities to the product manufacturers.

3. Market Insight • Segment Analysis • Distribution Channel Trends • Based on distribution channels, the global nootropics market has been bifurcated into offline and online. • Among these, the online segment held a substantial market share in 2020 and is projected to register a robust CAGR of almost 14% during the review period. • This is mainly attributed to the growing preference for nootropics by students. • Easy payment platforms that fit into regulatory standards of various countries have made payment operations easier. • Thus, key industry participants focus on online distribution channels to widen their customer base. • Regional Trends • By region, North America dominated the nootropics market in 2020 with an astounding share of around 40% and is projected to grow at a healthy CAGR during the review period. • This can be attributed to the presence of major healthcare companies, increasing consumer awareness about brain health, and changing lifestyles are expected to boost regional growth. • Around 50% of the adult population in the US consumes vitamin supplements, this is a key contribution to the regional nootropic industry.

4. Competitive Insights • Key Players • Accelerated Intelligence Inc. (UK), • AlternaScript (The U.S), • HVMN (The U.S), • Onnit Labs, Inc. (The U.S), • Peak Nootropics (The U.S), • Teva Pharmaceutical Industries (Israel), • Purelife Bioscience Co., Ltd. (China), • United Pharmacies (Moldova), SupNootropic bio co.,ltd (The U.S), and • Powder City (The U.S).

5. Data Analysis (Top Down and Bottom Up Approach) Research Methodology Data Triangulation (Data Evaluation and Multiple Data Triangulation) Final Deliverables (Final Report with All Findings) Stratview Research follows a rigorous methodology with high emphasis on primary research and multiple ways of data triangulation. We conduct primary research across the value chain to provide 360 degree view of the market. • Secondary Research • Stratview Research Internal Knowledgebase Primary Research • Annual Reports / Fact Book • Company Websites • Magazines / Publications • Press Releases & Journals • Industry News • Association Articles • Government Documents • Social Media • Others • Robust database across value chain • In-house industry veterans as advisors • Project based subject matter experts • Industry Players • Industry Experts • Suppliers • Customers • Associations • Government Institutions • Others

6. Report Features • This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report: • Market structure: Overview, industry life cycle analysis, supply chain analysis. • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis. • Market trend and forecast analysis. • Market segment trend and forecast. • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc. • Attractive market segments and associated growth opportunities. • Emerging trends. • Strategic growth opportunities for the existing and new players. • Key success factors.

7. About Stratview Research Stratview Research is a global market intelligence firm providing high quality syndicated reports, custom research and consulting services. Our Services Why Us? High Customer Delight Rich Industry Experience Robust Methodology Effective Business Decisions

8. Contact Us for More Information and Sample Pages Ask for Sample Pages here: https://www.stratviewresearch.com/Request-Sample/1647/nootropics-market.html#form Email us at: sales@stratviewrsearch.com Call Us: +1-313-307-4176

9. Thank you