PUBLISHER: The Business Research Company | PRODUCT CODE: 1713717
PUBLISHER: The Business Research Company | PRODUCT CODE: 1713717
Vinpocetine is a synthetic compound derived from vincamine, a natural alkaloid found in the Vinca minor, or periwinkle plant. It is commonly used as a dietary supplement and, in some countries, as a prescription drug, primarily for its potential to protect the brain and enhance cognitive function. Vinpocetine is thought to improve blood flow to the brain, optimize oxygen and glucose utilization, and safeguard neurons from damage.
Vinpocetine is available mainly in tablet and injection forms. Vinpocetine tablets, derived from the periwinkle plant, are widely used to boost cognitive function, improve memory, and increase cerebral blood flow. These tablets can be distributed through various channels, including retail pharmacies, hospital pharmacies, and online platforms, and are used in both home and hospital settings.
The vinpocetine market research report is one of a series of new reports from The Business Research Company that provides vinpocetine market statistics, including vinpocetine industry global market size, regional shares, competitors with a vinpocetine market share, detailed vinpocetine market segments, market trends and opportunities, and any further data you may need to thrive in the vinpocetine industry. This vinpocetine market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The vinpocetine market size has grown strongly in recent years. It will grow from $12.15 billion in 2024 to $13.34 billion in 2025 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be attributed to growth in the nutraceuticals industry, increasing consumer preference for natural supplements, rising health consciousness globally, expansion of online pharmacies, growth in healthcare expenditure.
The vinpocetine market size is expected to see strong growth in the next few years. It will grow to $19.17 billion in 2029 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to rising incidence of neurological disorders, increasing demand for cognitive health supplements, growing aging population, expanding awareness of mental health and cognitive health, government initiatives for healthcare improvements. Major trends in the forecast period include technological advancements in drug delivery systems, research and development investments by pharmaceutical companies, focus on preventative healthcare, product diversification by key players, expanding applications beyond cognitive disorders.
The rising prevalence of neurodegenerative disorders is anticipated to drive the growth of the vinpocetine market in the coming years. Neurodegenerative disorders include a variety of diseases characterized by the gradual deterioration or death of nerve cells (neurons) in the brain or spinal cord. Several factors contribute to the increasing prevalence of these disorders, including an aging population, unhealthy lifestyle habits, and genetic and environmental influences. Vinpocetine is utilized in the treatment of neurodegenerative disorders because it is thought to enhance cerebral blood flow, improve brain metabolism, and protect neurons from damage, potentially slowing the progression of these diseases. For example, in March 2022, the Alzheimer's Association, a U.S.-based non-profit organization, estimated that approximately 6.7 million Americans aged 65 and older are currently living with Alzheimer's dementia, with projections indicating this number could rise to 13.8 million by 2060. Consequently, the increase in neurodegenerative disorders is driving the growth of the vinpocetine market.
The growing demand for nutraceuticals is expected to propel the growth of the vinpocetine market in the coming years. A nutraceutical is a product derived from food sources that offers health benefits, including the prevention and treatment of diseases. This increased demand for nutraceuticals is influenced by several factors, including rising health awareness, an aging population, and the increasing prevalence of chronic diseases. Vinpocetine, recognized as a cognitive enhancer, plays a significant role in the expanding nutraceutical market due to the heightened interest in products that promote brain health and cognitive function. For example, in October 2023, a survey conducted by the Council for Responsible Nutrition, a U.S.-based trade association for the functional food industry, found that 74% of 3,192 U.S. adults aged 18 and over reported taking dietary supplements, with 55% identifying as regular users. Furthermore, 92% of supplement users agreed that dietary supplements are essential for maintaining health. Perceptions of safety and quality for sports nutrition supplements increased by 5%, reaching 66%, while weight management products saw a 4% rise in perceived safety and quality, now at 56%. Thus, the rising demand for nutraceuticals is driving the growth of the vinpocetine market.
In November 2023, Saudi Pharmaceutical Industries & Medical Appliances Corporation (SPIMACO), a pharmaceutical company based in Saudi Arabia, acquired a 68.0% stake in Osmopharm S.A. for $4.3 million (SAR 16.1 million). This acquisition allows SPIMACO to enter European markets and potentially manufacture its products at Osmopharm's EU GMP-certified facility in Switzerland. The strategic move positions SPIMACO to achieve significant synergies, gain access to innovative modified-release drug delivery technologies, and accelerate its expansion into Europe. Osmopharm S.A. is a Swiss company that manufactures vinpocetine supplements.
Major companies operating in the vinpocetine market are Merck KGaA, Northeast Pharma, Sun Pharma, Gedeon Richter, Micro Labs, India Glycols, PUDE, Alchem International Private Ltd, Linnea SA, Olympian Labs, Inc, Osmopharm, Hangzhou Longshine Bio-Tech Co., Ltd., SALVAVIDAS PHARMACEUTICAL PVT. LTD, Vital Laboratories Private Limited, Sarv Biolabs Pvt Ltd, Aspire Lifesciences Pvt Ltd, Taj Pharmaceuticals Limited, COVEX, Welman, Dellwich Healthcare LLP, Procurenet Limited, ZhiTong, Healthquest Vitamins
North America was the largest region in the vinpocetine market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vinpocetine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the vinpocetine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The vinpocetine market consists of sales of vinpocetine capsules, powder, softgels and brain health supplements. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Vinpocetine Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on vinpocetine market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for vinpocetine ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The vinpocetine market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.