The North America Nootropics Market would witness market growth of 13.3% CAGR during the forecast period (2021-2027).
Nootropics that boost brain health and improved cognitive performance are gaining popularity among individuals due to the rising competition in every field. In addition, Special Operations Forces (SOF) are among the key potential customers of this industry since they strive to constantly improve and maintain their high level of performance at all times.
Along with that, rising number of professionals across different business verticals who need to maintain high level of intellect and concentration would increasingly adopt nootropics.
The companies that are operating in the food and beverage industry are implementing fortification of nutritional additives like minerals, vitamins, fibers, and others in their product offerings to attract health-conscious people. Additionally, food products like walnuts, chia seeds, and seafood, can help with a variety of degenerative diseases since they are among nootropics items.
In the last few years, there has been a constant surge in life expectancy and higher attention is given to quality of life across US and Canada. Consumers are highly getting conscious about their health status and have started considering their lifestyles and healthy diets. In addition, Canada has not given approval for sales of nootropics since they have not been classified by Health Canada. However, through online sales, many people are ordering nootropics products across Canada.
The US market dominated the North America Nootropics Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $6.8 billion by 2027. The Canada market is poised to grow at a CAGR of 15.9% during (2021 - 2027). Additionally, The Mexico market would showcase a CAGR of 14.9% during (2021 - 2027).
Based on Distribution Channel, the market is segmented into Offline and Online. Based on Form, the market is segmented into Capsules/Tablets, Powder, Drinks, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Nootropics Market is Estimated to reach $24.6 Billion by 2027, at a CAGR of 14.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Mental Mojo, LLC, Onnit Labs, Inc., Peak Nootropics (Advanced Nootropics), Reckitt Benckiser Group PLC, Mind Lab Pro (Opti-Nutra, ltd.), Zhou Nutrition LLC (Nutraceutical International Corporation)TruBrain, Wolfson Holdco Limited (NooCube), NEU MIND, LLC, and Kraken Koffee, LLC.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
By Form
- Capsules/Tablets
- Powder
- Drinks, and
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Mental Mojo, LLC
- Onnit Labs, Inc.
- Peak Nootropics (Advanced Nootropics)
- Reckitt Benckiser Group PLC
- Mind Lab Pro (Opti-Nutra, ltd.)
- Zhou Nutrition LLC (Nutraceutical International Corporation)TruBrain
- Wolfson Holdco Limited (NooCube)
- NEU MIND, LLC
- Kraken Koffee, LLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Nootropics Market, by Distribution Channel
1.4.2 North America Nootropics Market, by Form
1.4.3 North America Nootropics Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Nootropics Market by Distribution Channel
3.1 North America Offline Nootropics Market by Country
3.2 North America Online Nootropics Market by Country
Chapter 4. North America Nootropics Market by Form
4.1 North America Capsules/Tablets Nootropics Market by Country
4.2 North America Powder Nootropics Market by Country
4.3 North America Drinks Nootropics Market by Country
4.4 North America Others Nootropics Market by Country
Chapter 5. North America Nootropics Market by Country
5.1 US Nootropics Market
5.1.1 US Nootropics Market by Distribution Channel
5.1.2 US Nootropics Market by Form
5.2 Canada Nootropics Market
5.2.1 Canada Nootropics Market by Distribution Channel
5.2.2 Canada Nootropics Market by Form
5.3 Mexico Nootropics Market
5.3.1 Mexico Nootropics Market by Distribution Channel
5.3.2 Mexico Nootropics Market by Form
5.4 Rest of North America Nootropics Market
5.4.1 Rest of North America Nootropics Market by Distribution Channel
5.4.2 Rest of North America Nootropics Market by Form
Chapter 6. Company Profiles
6.1 Mental Mojo, LLC
6.1.1 Company Overview
6.2 Onnit Labs, Inc.
6.2.1 Company Overview
6.3 Peak Nootropics (Advanced Nootropics)
6.3.1 Company Overview
6.4 Reckitt Benckiser Group PLC
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research & Development Expenses
6.5 Mind Lab Pro (Opti-Nutra, ltd.)
6.5.1 Company Overview
6.6 Zhou Nutrition LLC (Nutraceutical International Corporation)
6.6.1 Company Overview
6.7 TruBrain
6.7.1 Company Overview
6.8 Wolfson Holdco Limited (NooCube)
6.8.1 Company Overview
6.9 NEU MIND, LLC
6.9.1 Company Overview
6.10. Kraken Koffee, LLC
6.10.1 Company Overview
6.10.2 Recent strategies and developments:
6.10.2.1 Product Launches and Product Expansions:
TABLE 1 North America Nootropics Market, 2017 - 2020, USD Million
TABLE 2 North America Nootropics Market, 2021 - 2027, USD Million
TABLE 3 North America Nootropics Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 4 North America Nootropics Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 5 North America Offline Nootropics Market by Country, 2017 - 2020, USD Million
TABLE 6 North America Offline Nootropics Market by Country, 2021 - 2027, USD Million
TABLE 7 North America Online Nootropics Market by Country, 2017 - 2020, USD Million
TABLE 8 North America Online Nootropics Market by Country, 2021 - 2027, USD Million
TABLE 9 North America Nootropics Market by Form, 2017 - 2020, USD Million
TABLE 10 North America Nootropics Market by Form, 2021 - 2027, USD Million
TABLE 11 North America Capsules/Tablets Nootropics Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Capsules/Tablets Nootropics Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Powder Nootropics Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Powder Nootropics Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Drinks Nootropics Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Drinks Nootropics Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Others Nootropics Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Others Nootropics Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Nootropics Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Nootropics Market by Country, 2021 - 2027, USD Million
TABLE 21 US Nootropics Market, 2017 - 2020, USD Million
TABLE 22 US Nootropics Market, 2021 - 2027, USD Million
TABLE 23 US Nootropics Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 24 US Nootropics Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 25 US Nootropics Market by Form, 2017 - 2020, USD Million
TABLE 26 US Nootropics Market by Form, 2021 - 2027, USD Million
TABLE 27 Canada Nootropics Market, 2017 - 2020, USD Million
TABLE 28 Canada Nootropics Market, 2021 - 2027, USD Million
TABLE 29 Canada Nootropics Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 30 Canada Nootropics Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 31 Canada Nootropics Market by Form, 2017 - 2020, USD Million
TABLE 32 Canada Nootropics Market by Form, 2021 - 2027, USD Million
TABLE 33 Mexico Nootropics Market, 2017 - 2020, USD Million
TABLE 34 Mexico Nootropics Market, 2021 - 2027, USD Million
TABLE 35 Mexico Nootropics Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 36 Mexico Nootropics Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 37 Mexico Nootropics Market by Form, 2017 - 2020, USD Million
TABLE 38 Mexico Nootropics Market by Form, 2021 - 2027, USD Million
TABLE 39 Rest of North America Nootropics Market, 2017 - 2020, USD Million
TABLE 40 Rest of North America Nootropics Market, 2021 - 2027, USD Million
TABLE 41 Rest of North America Nootropics Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 42 Rest of North America Nootropics Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 43 Rest of North America Nootropics Market by Form, 2017 - 2020, USD Million
TABLE 44 Rest of North America Nootropics Market by Form, 2021 - 2027, USD Million
TABLE 45 Key Information – Mental Mojo, LLC
TABLE 46 Key Information – Onnit Labs, Inc.
TABLE 47 Key Information – Peak Nootropics
TABLE 48 Key information – Reckitt Benckiser Group PLC
TABLE 49 Key Information – Mind Lab Pro
TABLE 50 Key Information – Zhou Nutrition LLC
TABLE 51 Key Information – TruBrain
TABLE 52 Key Information – Wolfson Holdco Limited
TABLE 53 Key Information – NEU MIND, LLC
TABLE 54 Key Information – Kraken Koffee, LLC
List of Figures
FIG 1 Methodology for the research