Nootropics Market
By Form;
Tablet, Capsule, Powder and LiquidBy Application;
Memory Enhancement, Mood & Depression, Attention & Focus, Anti-Aging & Longevity and SleepBy Distribution Channel;
Hospital Pharmacies, Online Pharmacies and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).Nootropics Market Overview
Nootropics Market (USD Million)
Nootropics Market was valued at USD 6,873.73 million In the year 2024. 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%.
Nootropics Market
*Market size in USD million
CAGR 14.0 %
| Study Period | 2025 - 2031 |
|---|---|
| Base Year | 2024 |
| CAGR (%) | 14.0 % |
| Market Size (2024) | USD 6,873.73 Million |
| Market Size (2031) | USD 17,178.82 Million |
| Market Concentration | Low |
| Report Pages | 376 |
Major Players
- Accelerated Intelligence, Inc.
- Nootrobox, Inc.
- AlternaScript LLC
- Onnit Labs LLC
- Cephalon, Inc.
- Clarity Nootropics
- Peak Nootropics
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Nootropics Market
Fragmented - Highly competitive market without dominant players
The nootropics market is expanding rapidly, fueled by increasing awareness of cognitive health and the rising need to enhance mental functions such as focus, memory, creativity, and motivation. Consumers from various age groups—including students, working professionals, and older adults—are turning to brain-enhancing supplements. This growing emphasis on mental wellness is propelling the demand for nootropics across both pharmaceutical and nutraceutical offerings.
Surge in Preventive Healthcare Trends
With over 60% of health-focused individuals actively incorporating supplements into their routines, the shift toward preventive care is significantly influencing market growth. Rising stress levels, sedentary lifestyles, and prolonged screen exposure are prompting consumers to seek cognitive support from natural ingredients like adaptogens, herbal extracts, and amino acids.
Product development in the nootropics space is accelerating, with brands introducing innovative formats such as quick-dissolve tablets, chewables, functional drinks, and more. Around 40% of newly launched products are focused on enhancing absorption rates and user convenience, helping companies appeal to modern consumer expectations for efficacy and ease of use.
Influence of E-Commerce and Direct-to-Consumer Brands
E-commerce is playing a pivotal role in the market’s upward trajectory, with approximately 55% of purchases being made through online platforms. The rise of influencer marketing and personalized brand strategies is boosting visibility and engagement, particularly among younger consumers interested in self-improvement and holistic wellness.
Nootropics Market Key Takeaways
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The Nootropics Market is expanding as health-conscious consumers, students and professionals increasingly adopt cognitive enhancers and brain-boosting supplements.
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Advancements in formulation technologies, bioavailability improvement and combination ingredients are improving efficacy, absorption and targeted cognitive benefits of nootropic products.
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Integration of natural extracts, amino acids and adaptogens is meeting consumer demand for safe and functional cognitive support solutions.
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Use of personalized supplementation and functional blends is enabling customized cognitive enhancement solutions for different age groups and lifestyle needs.
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Collaborations between nutraceutical manufacturers, research institutions and ingredient suppliers are fostering innovation, quality assurance and product differentiation in the nootropics market.
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Growing adoption in functional foods, beverages and dietary supplements is driving market penetration.
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Focus on safety, efficacy, regulatory compliance and scientific validation is encouraging deployment of advanced nootropic products worldwide.
Nootropics Market Recent Developments
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In March 2022, NO. 8 INC., a new mental health and wellness brand, launched a line of nootropic gummies to promote holistic well-being. Available in four variants—energy, sleep, focus, and calm—the vegan and gluten-free gummies use natural ingredients to support clean-label wellness and meet growing consumer demand for daily supplementation.
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In February 2022, AusVitality, an Australian health and wellness brand, launched an innovative supplement blending nootropics and adaptogens. Formulated to combat burnout and fatigue, it helps boost mental energy, sharpen focus, and improve cognitive clarity. This dual-action formula underscores rising demand for natural, science-driven solutions that enhance both brain performance and emotional balance.
Nootropics Market Segment Analysis
In this report, the Nootropics Market has been segmented by Form, Application, Distribution Channel and Geography.
Nootropics Market, Segmentation by Form
Segmentation by Form captures consumer preferences, dosing accuracy, and manufacturing efficiencies that shape product roadmaps and go-to-market strategies.
Different forms influence shelf-life, regulatory filings, and distribution choices, making formulation partnerships and contract manufacturing pivotal for scale.
Suppliers prioritize flexible production lines and innovation (e.g., sustained-release tablets, micronized powders) to address both clinical efficacy and consumer convenience.
Tablet
Tablet formulations dominate when dose uniformity, stability and ease of transport are required, making them attractive to both retailers and healthcare channels.
Manufacturers invest in coated and controlled-release tablet technologies to improve bioavailability and reduce dosing frequency, supporting adherence.
Strategic partnerships with CMO/CMOs and clinical validation efforts help tablets maintain strong presence in both OTC and prescription-adjacent nootropic portfolios.
Capsule
Capsule forms provide flexibility for blends, multi-ingredient stacks and rapid product iteration, and they are favored for customizable formulations.
Capsule production lines offer quicker changeovers and lower capital expenditure, enabling agile responses to consumer trends and novel ingredient approvals.
Brand strategies often emphasize premium encapsulated blends with targeted positioning for cognition, focus, or sleep support.
Powder
Powder forms support scalable dosing and are popular in sports, wellness and specialty cognitive stacks where customizability and rapid absorption are valued.
Powder products often pair with direct-to-consumer marketing and subscription models, requiring investments in dissolution studies and flavor-masking technologies.
Expansion into powdered nootropics is supported by co-packaging partnerships and formulation innovations that improve solubility and stability.
Liquid
Liquid nootropics target fast onset and ease of use, and they cater to consumers seeking alternative delivery systems such as drops or ready-to-drink formats.
Liquids require specialized packaging, preservative systems and cold-chain considerations in some cases, prompting collaboration with packaging specialists.
Market strategies emphasize convenience, rapid absorption claims, and cross-channel promotions that highlight immediate perceptible benefits.
Nootropics Market, Segmentation by Application
Segmentation by Application defines product development priorities, regulatory pathways and target customer segments across memory, mood, attention, anti-aging and sleep categories.
Application-driven strategies influence clinical evidence generation, marketing claims, and strategic alliances with research institutions to substantiate efficacy.
Companies invest in indication-specific formulations and differentiated delivery systems to capture higher-value pockets and extend product lifecycles.
Memory Enhancement
Memory Enhancement applications focus on long-term cognitive resilience and are often supported by clinical endpoints and biomarker research to strengthen product claims.
Market players prioritize sustained-release technologies and combination ingredients with synergistic mechanisms to improve retention and cognitive recall.
Partnerships with academic research centers and targeted clinical studies are common strategies to drive trust and adoption among older demographics and caregivers.
Mood & Depression
The Mood & Depression segment addresses emotional regulation and subclinical depressive symptoms, creating demand for formulations that balance efficacy with safety and tolerability.
Manufacturers emphasize ingredient transparency, adaptogenic blends, and adjunctive use with therapeutic care, often collaborating with clinicians for responsible marketing.
Growth in this application is propelled by digital mental-health platforms and integrative care models that recommend adjunctive nutraceutical support.
Attention & Focus
Attention & Focus nootropics target working memory, concentration and productivity, attracting younger consumers and professionals seeking acute performance gains.
Rapid-onset formats and microdosing strategies are popular here, with companies investing in safety profiling and clear labeling to address regulatory scrutiny.
Strategic distribution through e-commerce and workplace wellness partnerships supports quick scale-up and recurrent purchase behavior.
Anti-Aging & Longevity
Anti-Aging & Longevity applications leverage neuroprotective ingredients and antioxidant strategies to address age-related cognitive decline and cellular health.
This segment blends nootropic science with longevity research, prompting collaborations with biotech firms and longevity clinics for credibility.
Product roadmaps often include higher-tier positioning and targeted clinical programs to gain traction with health-conscious older consumers.
Sleep
The Sleep application space includes formulations to improve sleep quality, onset and maintenance while avoiding next-day impairment, which is critical for regulatory acceptance.
Developers emphasize natural sedatives, circadian-supporting ingredients, and delivery forms (e.g., sublingual liquids) that minimize metabolic interaction.
Partnerships with sleep clinics and digital sleep-tracking platforms help validate claims and support personalized dosing recommendations.
Nootropics Market, Segmentation by Distribution Channel
Segmentation by Distribution Channel determines regulatory routes, go-to-market complexity, and consumer access—factors that drive channel-specific strategies and margin structures.
Channels range from regulated hospital pharmacies to online pharmacies and other retail outlets, each requiring tailored packaging, paperwork, and promotional approaches.
Vendors optimize omnichannel strategies, balancing compliance, margin, and reach while investing in digital platforms for subscription and telehealth tie-ins.
Hospital Pharmacies
Hospital Pharmacies provide a controlled, clinician-led channel for prescription-strength or adjunctive nootropic therapies, requiring stringent documentation and professional education.
Suppliers target formulary inclusion, clinical liaison programs, and hospital trials to support adoption in therapeutic settings.
This channel favors products with robust safety and efficacy data, long-term supply agreements, and clear benefits for patient outcomes.
Online Pharmacies
Online Pharmacies enable broad reach and subscription models, and they are essential for direct-to-consumer growth of nootropic brands seeking scale.
E-pharmacies demand secure supply chains, clear labeling, and compliance with cross-border shipping regulations, pushing companies to formalize logistics partnerships.
Digital marketing, telehealth integrations and data-driven personalization are key tactics to increase retention and lifetime value in this channel.
Others
The Others category includes health stores, specialty retailers and direct institutional sales where distributors and B2B agreements play a major role.
These channels often require tailored packaging, regional regulatory compliance, and salesforce enablement to educate retail partners and consumers.
Strategic expansion typically involves distributor agreements, trade partnerships and channel-specific promotions to maximize shelf visibility and trial.
Nootropics Market, Segmentation by Geography
In this report, the Nootropics Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America
North America is a leading market driven by high consumer awareness, mature online channels and robust investment in clinical research and product innovation.
Companies emphasize regulatory compliance, partnerships with healthcare providers, and direct-to-consumer platforms to capture demand for cognitive health and productivity solutions.
Strategic priorities include evidence-generation, premium positioning, and omnichannel distribution to maximize market penetration and brand trust.
Europe
Europe features stringent regulatory frameworks and heightened focus on safety and labeling, which shape product claims and market entry timelines.
Market participants invest in clinical substantiation, local regulatory expertise, and sustainability credentials to satisfy both regulators and discerning consumers.
Growth strategy centers on country-specific registrations, healthcare professional engagement and targeted marketing aligned with regional health trends.
Asia Pacific
Asia Pacific is a fast-growing region with rising health awareness, expanding e-commerce penetration and a large young population seeking cognitive and performance aids.
Companies pursue local partnerships, toll-manufacturing, and multilingual digital campaigns to scale rapidly while adapting to diverse regulatory environments.
The future outlook highlights strong near-term growth, increased localization of formulations, and strategic alliances with regional distributors and wellness platforms.
Middle East & Africa
Middle East & Africa presents selective opportunities driven by urbanization, rising disposable income and growing interest in wellness, though regulatory heterogeneity is a challenge.
Market entry strategies often include distributor partnerships, localized labeling and education-driven marketing to build consumer trust.
Suppliers focus on durable supply chains and regional hubs to overcome logistics constraints and to enable rapid response to emerging demand pockets.
Latin America
Latin America is an emerging market characterized by growing consumer interest in cognitive health and affordability sensitivity, which influences product positioning and pack sizes.
Brands expand through regional distributors, private-label partnerships and e-commerce marketplaces to reach broad audiences.
Long-term strategies prioritize building clinical credibility, localized marketing and supply reliability to convert trial into sustained adoption.
Nootropics Market Forces
This report provides an in depth analysis of various factors that impact the dynamics of Nootropics Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces Drivers, Restraints, and Opportunities affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
| Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
|---|---|---|---|---|---|
| Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
| Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
| Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers:
- Rising demand for cognitive enhancement
- Growing mental health awareness
- Expansion of e-commerce distribution channels
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Innovation in natural nootropic formulations - The nootropics market is undergoing significant transformation as consumers increasingly favor natural, plant-based cognitive enhancers over synthetic alternatives. With rising awareness of potential side effects linked to synthetic compounds, there is a clear shift toward ingredients like ginkgo biloba, bacopa monnieri, lion’s mane mushroom, and rhodiola rosea. These botanicals are known for their ability to boost memory, reduce mental fatigue, and support overall cognitive health making them attractive choices for individuals seeking safe, long-term brain support.
In response to this trend, manufacturers are prioritizing innovation in formulation and delivery. Modern advancements are focusing not only on combining synergistic botanical blends but also on improving their absorption and bioavailability. Techniques such as liposomal delivery systems, nano-emulsification, and extended-release capsules are enhancing how effectively the body utilizes these nutrients, resulting in more sustained cognitive benefits for users.
As health-conscious consumers demand cleaner labels and greater transparency, the industry is seeing a push for formulations that are organic, vegan-friendly, and backed by scientific research. Brands that invest in third-party testing and clinical validation are gaining consumer trust, as shoppers increasingly prioritize both ingredient integrity and efficacy. This emphasis on clean, validated solutions is driving strong differentiation in a competitive market.
Further fueling adoption, natural nootropics are now available in a range of innovative delivery formats including functional drinks, snack bars, chewing gums, and sublingual sprays. These formats cater to different lifestyle needs and make it easier for a broad audience—from students and professionals to aging adults—to incorporate nootropics into their daily wellness routines. This accessibility, combined with the appeal of natural ingredients, is playing a crucial role in accelerating market growth.
Restraints:
- Lack of global regulatory clarity
- Concerns over product efficacy claims
- Potential side effects with misuse
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Limited clinical validation for new ingredients - A major constraint facing the nootropics market is the limited clinical validation of newly introduced ingredients. While many herbal and plant-based compounds like ashwagandha, turmeric, and ginseng are widely used for their perceived cognitive benefits, the lack of large-scale, peer-reviewed clinical studies creates skepticism around their effectiveness. This gap between consumer enthusiasm and scientific verification raises concerns among healthcare professionals and regulators, ultimately slowing wider market acceptance.
The absence of robust, standardized research also makes it difficult to assess the long-term safety and therapeutic efficacy of these ingredients. Unlike pharmaceutical drugs, nootropics often bypass rigorous clinical testing, which means that many formulations enter the market with minimal oversight. This can result in inconsistent product performance and uncertainty about the actual cognitive outcomes, leading to reduced consumer trust and hesitancy in professional healthcare settings.
To address this challenge, companies in the nootropics sector must prioritize evidence-based research by investing in well-structured clinical trials and scientific validation. Transparency in labeling, third-party testing, and published clinical outcomes will not only enhance consumer confidence but also position brands as credible players in a market that is becoming increasingly discerning and competitive.
Opportunities:
- Development of personalized nootropic solutions
- Increasing adoption among aging population
- Growth in workplace productivity supplements
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Expansion into emerging wellness markets - The growing global focus on holistic wellness presents a major opportunity for the nootropics market to expand into untapped and rapidly developing regions. As more consumers in emerging economies seek mental performance solutions to complement their physical health routines, interest in cognitive enhancers is gaining traction. The rising popularity of lifestyle habits that emphasize focus, productivity, and stress management has made nootropics increasingly relevant in these evolving wellness ecosystems.
Digital platforms and e-commerce are playing a critical role in this market expansion. With broader access to smartphones and social media, consumers in developing regions are becoming more aware of international wellness trends, including the use of brain-boosting supplements. This shift allows brands to engage new audiences with localized marketing strategies, culturally aligned messaging, and tailored product offerings that address region-specific needs. As interest in mental well-being grows, the demand for cognitive supplements among students, working professionals, and young adults is steadily increasing.
There is also a unique advantage in aligning nootropic products with traditional wellness systems. In many emerging markets, consumers value natural health solutions that blend science with heritage. Nootropics featuring botanicals, adaptogens, and traditional herbal ingredients especially those with Ayurvedic or Eastern medicine roots are gaining acceptance. This alignment creates a favorable environment for brands to position their offerings as both modern and culturally resonant, helping to build consumer trust and differentiate from synthetic alternatives.
As disposable incomes rise and wellness becomes a lifestyle priority, consumers in these markets are showing a greater willingness to invest in premium health solutions. Nootropic brands that emphasize product quality, clinical backing, and transparent sourcing stand to benefit from this shift. By tapping into emerging wellness-driven economies with a consumer-first approach, companies can establish strong brand presence and secure a larger share of the growing nootropics market.
Nootropics Market Competitive Landscape Analysis
Nootropics Market has witnessed significant growth driven by strategic collaborations and partnerships among leading players. Over 60% of the market share is concentrated among top-tier companies, reflecting intense competition and continuous innovation efforts. The focus on advanced technological advancements is enhancing product efficacy and driving market expansion.
Market Structure and Concentration
The market structure is moderately concentrated, with 70% of sales controlled by prominent firms. Mergers and strategic partnerships are common to consolidate positions, optimize distribution, and increase growth. Companies are leveraging technological advancements to differentiate offerings and strengthen their competitive strategies.
Brand and Channel Strategies
Leading brands focus on diversified channels and innovative marketing strategies to capture consumer attention. Partnerships with online retailers and specialty stores contribute to over 55% of total revenue. The integration of digital platforms enables seamless distribution, enhancing brand visibility and accelerating market expansion.
Innovation Drivers and Technological Advancements
Continuous innovation in formulation and technological advancements is a key driver, with over 65% of new product launches emphasizing efficacy and safety. Strategic collaboration between R&D centers and manufacturers fuels growth. Companies are focusing on next-generation compounds and personalized solutions to maintain a competitive edge.
Regional Momentum and Expansion
Regional expansion is driven by rising consumer awareness and health-conscious trends, contributing to 50% of overall market growth. Strategic partnerships and localized strategies allow companies to penetrate emerging markets effectively. Investments in distribution networks and technological advancements enhance regional presence and market share.
Future Outlook
The market’s future outlook remains positive, with sustained growth projected from strategic mergers and collaboration efforts. Emerging technological advancements and innovative product lines are expected to boost consumer adoption. Companies focusing on expansion and robust strategies are likely to maintain leadership and strengthen overall market position.
Key players in Nootropics Market include:
- Purelife Bioscience Co., Ltd.
- HVMN Inc. (Ketone-IQ)
- TruBrain
- Mind Lab Pro
- Onnit Labs, Inc.
- Neurohacker Collective
- Natural Stacks
- Nootropics Depot
- Peak Nootropics
- Alternascript
- Clarity Nootropics
- OptiMind
- Kimera Koffee
- NeuroGum, Inc.
- BrainMD Health
- NOW Foods
- Performance Lab USA Corp.
- SmartX by CogniTune
- Cephalon LLC
- Teva Pharmaceuticals
- GNC Holdings, LLC
- Amway
- Reckitt Benckiser Group PLC (Schiff RB Health)
- Unilever
- Gaia Herbs, Inc.
- Neutonic
- Ketone-IQ
- Alice (Functional Mushroom Chocolate)
In this report, the profile of each market player provides following information:
- Market Share Analysis
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Form
- Market Snapshot, By Application
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Nootropics Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Rising demand for cognitive enhancement
- Growing mental health awareness
- Expansion of e-commerce distribution channels
- Innovation in natural nootropic formulations
- Restraints
- Lack of global regulatory clarity
- Concerns over product efficacy claims
- Potential side effects with misuse
- Limited clinical validation for new ingredients
- Opportunities
- Development of personalized nootropic solutions
- Increasing adoption among aging population
- Growth in workplace productivity supplements
- Expansion into emerging wellness markets
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Nootropics Market, By Form, 2021 - 2031 (USD Million)
- Tablet
- Capsule
- Powder
- Liquid
- Nootropics Market, By Application, 2021 - 2031 (USD Million)
- Memory Enhancement
- Mood & Depression
- Attention & Focus
- Anti-Aging & Longevity
- Sleep
- Nootropics Market, By Distribution Channel, 2021 - 2031 (USD Million)
- Hospital Pharmacies
- Online Pharmacies
- Others
- Nootropics Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Nootropics Market, By Form, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Purelife Bioscience Co., Ltd.
- HVMN Inc. (Ketone-IQ)
- TruBrain
- Mind Lab Pro
- Onnit Labs, Inc.
- Neurohacker Collective
- Natural Stacks
- Nootropics Depot
- Peak Nootropics
- Alternascript
- Clarity Nootropics
- OptiMind
- Kimera Koffee
- NeuroGum, Inc.
- BrainMD Health
- NOW Foods
- Performance Lab USA Corp.
- SmartX by CogniTune
- Cephalon LLC
- Teva Pharmaceuticals
- GNC Holdings, LLC
- Amway
- Reckitt Benckiser Group PLC (Schiff RB Health)
- Unilever
- Gaia Herbs, Inc.
- Neutonic
- Ketone-IQ
- Alice (Functional Mushroom Chocolate)
- Company Profiles
- Analyst Views
- Future Outlook of the Market

