Middle East & Africa Nootropics Market Size & Outlook
Related Markets
MEA nootropics market highlights
- The MEA nootropics market generated a revenue of USD 119.0 million in 2022.
- The market is expected to grow at a CAGR of 14.3% 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, UAE is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 119.0 million |
| Market revenue in 2030 | USD 347.3 million |
| Growth rate | 14.3% (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, MEA region accounted for 3.2% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
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 |
Middle East & Africa 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 54.29% in 2022. Horizon Databook has segmented the Middle East & Africa nootropics market based on capsules/tablets, powder, drinks covering the revenue growth of each sub-segment from 2018 to 2030.
A large population in the Middle East and Africa (MEA) prefers to consume herbal medicine. Multi-herb supplements are gaining significant popularity among the consumers of this region. These supplements have a combination of beneficial herbs that boost mental well-being.
Furthermore, the rising demand for herbal alternatives is projected to grow the market for herbal extract-derived products in the upcoming years.
Reasons to subscribe to Middle East & Africa nootropics market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Middle East & Africa nootropics market databook
-
Our clientele includes a mix of nootropics market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa nootropics market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa nootropics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA nootropics market size, by country, 2018-2030 (US$M)
Middle East & Africa Nootropics Market Outlook Share, 2022 & 2030 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
