- Several factors could contribute to 12.71% projected CAGR in nootropics global market
- Rise in demand for cognitive enhancers (smart drugs that enhance memory and focus) is expected to foster growth
- The Happy Co. has become the category creator for Happy Coffee and a recognized leader in natural nootropics
A recent Verified Market Research report noted that the global market for nootropics reached $2.42 billion in 2020 and is projected to top $6.29 million by 2028, growing at a CAGR of 12.71% from 2021 to 2028 (https://ibn.fm/MdSBu). Sharing Services Global (OTCQB: SHRG) subsidiary The Happy Co., a direct-sales opportunity that offers functional beverages, capsules, patches and creams featuring nootropics, could see significant benefit from this growth.
“The rise in demand for cognitive enhancers or smart drugs among the global population in order to enhance memory and stay focused is expected to foster the growth of the global nootropics market,” the report stated. “The rising focus of...
NOTE TO INVESTORS: The latest news and updates relating to SHRG are available in the company’s newsroom at http://ibn.fm/SHRG
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