Nootropic Market Report Just Published By Credence Research Inc.

According to the latest report published by Credence Research, Inc. “ Nootropics Market – Growth, Future Prospects and Competitive Analysis, 2016-2024,” the global nootropics market was valued at USD 1,346.5 Mn in 2015, and is expected to reach USD 6,059.4 Mn by 2024, expanding at a CAGR of 17.9% from 2016 to 2024 . The purpose of this research study titled ‘Nootropics Market – Growth, Future Prospects, and Competitive Analysis, 2016 – 2024’ is to provide investors, developers, company executives and industry participants with in-depth analysis to allow them to take strategic initiatives and decisions related to the prospects in the global nootropics products market. This report presents and analyzes the major trends prevalent in the global nootropics market and the market size and forecast. Based on application types, this report studies the global nootropics market into memory enhancement, mood and depression, attention and focus, longevity and anti-aging, sleep, recovery and dream enhancement, and anxiety applications. Market size and forecast for each mentioned segment for the period 2014-2024 is presented in the report along with respective CAGRs for the forecast duration 2016-2024. Browse here for full report: https://www.credenceresearch.com/report/nootropics-market Request for Customization: https://www.credenceresearch.com/request-for-customization/58257 Market Insights Nootropics, also known as cognitive enhancers are drugs and natural extracts that improve cognitive functions such as memory, creativity, motivation in healthy individuals. Nootropics have been available in the market for several decades and were made of ingredients such as multivitamins and caffeine – substances that the FDA has approved as dietary supplements and classified as GRAS (generally regarded as safe). At present, these products are being repackaged, repurposed and sold to academic and professional overachievers to augment their brain function. Companies operating in this space primarily succeed as lifestyle brands through smart marketing. However they can only be recognized as healthcare brands only after […]

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