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Nootropics Market Report
Global Nootropics Market, Dynamics, Market Analysis
The report on the Global Nootropics Market is segmented By Drug Type (Prescription Nootropics [Modafinil, Adderall, Methylphenidate, Memantine], OTC Nootropics [Ginkgo Biloba, Panax Ginseng, Rhodiola Rosea, Nicotine, Others]), By Application (Memory Enhancement, Mood & Depression, Attention & Focus, Longevity & Anti-aging, Sleep & Recovery, Anxiety), By Distribution Channel ...
The nootropics market is expected to witness an impressive growth of 7.4% CAGR in the foreseeable future.
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) are among the key players in the nootropics market.
North America dominated the nootropics market in 2020 with an astounding share of around 40%.
Increasing demand for smart drugs and brain boosters, continuous product development using both natural and synthetic raw materials, the surge in the vegan population in developed countries of Europe and North America are the factors driving the growth of nootropics market.
Nootropics companies, Pharmaceutical companies, Hospitals, Academic Institutions, Research Centers & Organizations are the target audience in the nootropics market.