Global Nootropics Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Over-the-counter (OTC), Prescription, Natural, Homemade, and Others.

By Indication;

Productivity and Study, Socializing, Exercise and Health, Wellbeing, and Others.

By Dosage form;

Tablets, Capsules, Injections, and Others.

By Route of Administration;

Oral, Parenteral, and Others.

By Form;

Capsules/ Tablets, Powder, and Drinks.

By Application;

Memory Enhancement, Mood & Depression, Attention & Focus, Longevity & Anti-aging, Sleep, Recovery & Dream Enhancement, and Anxiety.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn114484264 Published Date: February, 2025 Updated Date: March, 2025

Introduction

Global Nootropics Market (USD Million), 2021 - 2031

In the year 2024, the Global Nootropics Market was valued at USD 6,873.73 million. The size of this market is expected to increase to USD 17,178.82 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 14.0%.

The global nootropics market is witnessing a surge in demand as individuals seek ways to enhance cognitive function and improve mental performance. Nootropics, often referred to as "smart drugs" or cognitive enhancers, encompass a diverse range of supplements, herbs, and synthetic compounds designed to boost memory, focus, creativity, and overall brain health. This burgeoning market is driven by a growing awareness of the importance of cognitive well-being across various age groups, from students aiming to excel academically to professionals striving for peak productivity in today's competitive landscape.

One of the key drivers propelling the growth of the global nootropics market is the increasing prevalence of mental health issues and cognitive decline associated with aging populations worldwide. As awareness of mental health and cognitive function continues to rise, consumers are increasingly turning to nootropics as a proactive measure to maintain brain health and improve cognitive performance. Moreover, the expanding elderly population, coupled with a desire for healthy aging and improved quality of life, is driving demand for nootropic supplements that promise to support memory retention and cognitive function in later years.

Advancements in neuroscience and pharmacology are fueling innovation in the development of novel nootropic compounds and formulations, thereby broadening the scope of the global nootropics market. With ongoing research and development efforts focused on identifying new ingredients and improving delivery systems, the market is poised for further expansion in the coming years. Additionally, the growing popularity of e-commerce platforms and the increasing availability of nootropic products online are facilitating easier access for consumers, further contributing to market growth. As the quest for mental clarity and cognitive enhancement becomes increasingly mainstream, the global nootropics market is poised to witness robust growth and innovation.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Indication
    3. Market Snapshot, By Dosage Form
    4. Market Snapshot, By Route of Administration
    5. Market Snapshot, By Form
    6. Market Snapshot, By Application
    7. Market Snapshot, By Region
  4. Global Nootropics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing consumer awareness
        2. Growing aging population
        3. Rise in mental health issues
      2. Restraints
        1. Lack of regulation
        2. Limited clinical evidence
        3. Cultural stigma
      3. Opportunities
        1. Innovation in formulations
        2. Rising demand for natural alternatives
        3. Focus on preventive healthcare
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Nootropics Market, By Type, 2021 - 2031 (USD Million)
      1. Over-the-counter (OTC)
      2. Prescription, Natural
      3. Homemade
      4. Others
    2. Global Nootropics Market, By Indication, 2021 - 2031 (USD Million)
      1. Productivity and Study
      2. Socializing
      3. Exercise and Health
      4. Wellbeing
      5. Others
    3. Global Nootropics Market, By Dosage Form, 2021 - 2031 (USD Million)
      1. Tablets
      2. Capsules
      3. Injections
      4. Others
    4. Global Nootropics Market, By Route of Administration, 2021 - 2031 (USD Million)
      1. Oral
      2. Parenteral
      3. Others
    5. Global Nootropics Market, By Form, 2021 - 2031 (USD Million)
      1. Capsules/ Tablets
      2. Powder
      3. Drinks
    6. Global Nootropics Market, By Application, 2021 - 2031 (USD Million)
      1. Memory Enhancement
      2. Mood & Depression
      3. Attention & Focus
      4. Longevity & Anti-aging
      5. Sleep
      6. Recovery & Dream Enhancement
      7. Anxiety
    7. Global Nootropics Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Accelerated Intelligence, Inc.
      2. Nootrobox, Inc.
      3. AlternaScript LLC
      4. Onnit Labs LLC
      5. Cephalon, Inc.
      6. Clarity Nootropics
      7. Peak Nootropics
  7. Analyst Views
  8. Future Outlook of the Market