TESTOSTERONE BOOSTER MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2022 to 2030)

Testosterone boosters are supplementary substances that can be used for the purpose of increasing testosterone levels in the blood. Testosterone boosters may provide the following benefits to people with low testosterone levels: increase sex drive, improve sexual function, increase muscle strength and physical endurance, and denser and stronger bones. The most common components for the supplements are vitamin B6, fenugreek, zinc, tribulus, magnesium, boron, diindolemethane, Eurycoma longifolia, and Maca extract.

Market Dynamics

Increasing initiatives by government and private organizations for testosterone deficiency are expected to drive the market growth during the forecast period. For instance, in December 2020, Association of British Clinical Diabetologists announced Launch of ABCD worldwide audit of testosterone deficiency in men with type 2 diabetes. In previous audits Association of British Clinical Diabetologist had found that the patients treated with medications in the real world tend to be different from those in clinical trials for example, heavier and more poorly controlled.  Thus this ABCD audit is being set up to establish the extent to which the patients treated, and the impact on them of testosterone treatment, matches the findings in the clinical trials. Moreover, increasing prevalence of testosterone deficiency is expected to drive the market growth over the forecast period. For instance, according to an article published in South African Medical Journal in December 2019, prevalence of low testosterone among men with type 2 diabetes mellitus (T2DM) was high in South Africa in 2019. The prevalence of low serum total testosterone (LSTT) and low serum free testosterone (LSFT) was 35.8% and 16.2%, respectively and the prevalence of androgen deficiency symptoms using the Ageing Males’ Symptoms Scale (AMS) questionnaire was 74.5% and correlated poorly with LSTT or LSFT.

 Key features of the study:

• This report provides in-depth analysis of the global testosterone booster market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2022-2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global testosterone booster market based on the following parameters – Company Highlights, Products Portfolio, Key Highlights, Financial Performance, Strategies
• Key companies covered as a part of this study include TestoFuel.,  GNC Holdings, LLC,  SMPNutra.com,  Hybrid Nutraceutical, VH Nutrition LLC, Roar Ambition Ltd, Ultra Testo Rush, EVLUTION NUTRITION, Zoic Pharmaceuticals., Uniraylifesciences, BL Bio Lab LLC, and Nutritjet.com
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global testosterone booster market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global testosterone booster market.

Detailed Segmentation:

• Global Testosterone Booster Market , By Component:
  • Vitamins
  • D-Aspartic Acid
  • Zinc
  • Others
• Global Testosterone Booster Market , By Source :
  • Mucuna Pruriens
  • Ginseng
  • Oyster Extract
  • Fenugreek
  • Others
• Global Testosterone Booster Market , By Distribution Channel :
  • Pharmacies
  • Hypermarkets & Supermarkets
  • Online Channels
  • Others
• Global Testosterone Booster Market , By Region:
  • North America
    • By Country
      • U.S.
      • Canada
  • Latin America
    • By Country
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
  • Europe
    • By Country
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
  • Asia Pacific
    • By Country
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
  • Middle East
    • By Country
      • GCC
      • Israel
      • Rest of Middle East
  • Africa
    • By Country
      • South Africa
      • Central Africa
      • North Africa
• Company Profiles
  • TestoFuel *
    • Company Highlights
    • Products Portfolio
    • Key Highlights
    • Financial Performance
    • Strategies
  • GNC Holdings, LLC
  • SMPNutra.com
  • Hybrid Nutraceutical
  • VH Nutrition LLC
  • Roar Ambition Ltd
  • Ultra Testo Rush
  • EVLUTION NUTRITION
  • Zoic Pharmaceuticals
  • Uniraylifesciences
  • BL Bio Lab LLC
  • Nutritjet.com

“*” marked represents similar segmentation in other categories in the respective section.