Europe Nootropics Market Size & Outlook, 2022-2030
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Europe nootropics market highlights
- The Europe nootropics market generated a revenue of USD 813.9 million in 2022.
- The market is expected to grow at a CAGR of 14.9% from 2023 to 2030.
- In terms of segment, capsules/tablets was the largest revenue generating form in 2022.
- Drinks is the most lucrative form segment registering the fastest growth during the forecast period.
- Country-wise, Italy is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 813.9 million |
| Market revenue in 2030 | USD 2,475.6 million |
| Growth rate | 14.9% (CAGR from 2023 to 2030) |
| Largest segment | Capsules/tablets |
| Fastest growing segment | Drinks |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Capsules/Tablets, Powder, Drinks |
| Key market players worldwide | Reckitt Benckiser Group PLC, Mental Mojo, Noocube, Mind Lab, truBrain, Nooflux, Zhou Nutrition, Kimera Koffee |
Other key industry trends
- In terms of revenue, Europe region accounted for 21.7% of the global nootropics market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,460.0 million by 2030.
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Nootropics Market Scope
Nootropics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Kimera Koffee | View profile | 1-10 | Coral Gables, Florida, United States, North America | https://kimerakoffee.com |
| Zhou Nutrition | View profile | 1-10 | Park City, Utah, United States, North America | https://www.zhounutrition.com/ |
| Nooflux | View profile | 11-50 | San Francisco, California, United States, North America | https://www.nooflux.com/pages/ |
| truBrain | View profile | 1-10 | Santa Monica, California, United States, North America | http://trubrain.com |
| Mind Lab | View profile | 51-100 | São Paulo, Sao Paulo, Brazil, South America | http://www.mindlab.com.br |
| Noocube | View profile | - | Larnaca, Larnaca, Cyprus, Europe | http://supplementforsale.com/noocube/ |
| Mental Mojo | View profile | 1-10 | Scottsdale, Arizona, United States, North America | http://www.mentalmojo.me |
| Reckitt Benckiser Group PLC | View profile | 40000 | 103-105 Bath Road, Slough, Berkshire, United Kingdom, SL1 3UH | https://www.reckitt.com |
Europe nootropics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nootropics market will help companies and investors design strategic landscapes.
Capsules/tablets was the largest segment with a revenue share of 50.71% in 2022. Horizon Databook has segmented the Europe nootropics market based on capsules/tablets, powder, drinks covering the revenue growth of each sub-segment from 2018 to 2030.
Nootropics were first synthesized in Europe. Increasing consumer preference for naturally derived nootropics over synthetic supplements is expected to create growth opportunities for key market players. Furthermore, a growing choice of smart drugs among students to cope with the stress of examinations is anticipated to boost the market growth.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe nootropics market , including forecasts for subscribers. This continent databook contains high-level insights into Europe nootropics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe nootropics market size, by country, 2018-2030 (US$M)
Europe Nootropics Market Outlook Share, 2022 & 2030 (US$M)
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