Nootropic Supplement Market Size

Report ID: GMI7264
   |
Published Date: December 2024
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Report Format: PDF

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Nootropic Supplement Market Size

The global nootropic supplement market size was valued at USD 2.3 billion in 2024 and is projected to expand to over 7.8% CAGR from 2025 to 2034. Nootropic supplements, designed to enhance cognitive function, have gained popularity due to increasing consumer interest in mental well-being and productivity. The global market for these supplements is experiencing significant growth, led by an aging population and rising awareness of mental health. According to the World Health Organization, the proportion of the world's population over 60 years will nearly double from 12% to 22% between 2015 and 2050.

 

Nootropic Supplement Market

In the United States, the Centers for Disease Control and Prevention (CDC) reports that the number of adults aged 65 and older is projected to reach 80.8 million by 2040, accounting for 21.6% of the total population. This demographic shift is likely to contribute to the increased demand for cognitive enhancers.
 

Additionally, the National Institute of Mental Health states that an estimated 51.5 million adults in the United States lived with a mental illness in 2019, representing 20.6% of all U.S. adults, potentially driving interest in supplements that support mental well-being. The market's growth is particularly notable in North America and Europe, where awareness and acceptance of these products are relatively high.
 

Authors: Kiran Pulidindi, Kunal Ahuja
Frequently Asked Question(FAQ) :
How much is the U.S. nootropic supplement market worth?
The U.S. market was valued at USD 476.9 million in 2024 and is expected to witness 7.9% CAGR through 2034, fueled by increasing awareness of brain health and cognitive enhancement among consumers.
Who are the major players in the nootropic supplement industry?
Why is the capsules and tablets segment dominating the nootropic supplement market?
How big is the nootropic supplement market?
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    Base Year: 2024

    Companies covered: 12

    Tables & Figures: 165

    Countries covered: 18

    Pages: 235

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