Normal testosterone hormone levels are necessary for male sexual development and function. testosterone helps males grow male traits like body and facial hair, a deeper voice, and physical strength throughout puberty (the teen years). Many sportsmen all around the world utilise testosterone supplements to quickly grow their muscle mass to a large level.
The market for testosterone boosters is anticipated to reach US$ 305.7 million in 2022 and grow at a CAGR of 5.6% during the following five years (2022-2030).
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During the projected period, rising testosterone insufficiency rates are anticipated to fuel market expansion.
Over the projected period, rising instances of testosterone insufficiency are anticipated to fuel market expansion for testosterone boosters. For instance, it was reported that around 40% of men over the age of 45 and 50% of men in their 80s are hypogonadal, according to statistics released by Frontiers Media S.A. in January 2020. Beyond the age of 30, testosterone levels have been reported to decline by 100 ng/dL every 10 years, or on average 1% to 2% annually. These findings may be further influenced by obesity, drugs, and chronic diseases across the world.
Market Growth
Increasing testosterone booster product launches are anticipated to fuel the growth of the global testosterone booster market throughout the course of the forecast period. For instance, Misters, one of India’s leading manufacturers of products for men’s sexual wellbeing, announced the release of Misters Daily Josh in April 2021. Tesnor is a herbal supplement that has been clinically shown to increase free testosterone levels.
Impact
Globally, various corporate sectors are experiencing financial difficulties as a result of the COVID-19 epidemic and lockdown. One of the areas most affected by the COVID-19 epidemic is the private healthcare sector. The research, manufacture, and supply of testosterone boosters, as well as the expansion of the testosterone boosters and healthcare businesses of numerous enterprises, have all been adversely affected by the coronavirus epidemic. The COVID-19 pandemic has had three primary effects on the economy: 1) a direct influence on supply and demand; 2) interruptions in the distribution system; and 3) a financial impact on businesses and financial markets. Consequently, the COVID-19 pandemic is anticipated to negatively affect the market for testosterone boosters’ supply chain.
Market Restraint
The usage of testosterone boosters might have adverse effects, which is one of the main issues impeding the growth of the worldwide market for testosterone boosters. Acne, enlarged male breasts, edoema, sleep apnea, infertility, and other negative effects are possible with testosterone supplements. Additionally, those who inject testosterone may have discomfort, bruising, or swelling close to the injection site. Additionally, topical testosterone gels and patches might cause allergic responses where they are applied.
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Key Players
Nutritjet.com, TestoFuel, BL Bio Lab LLC, GNC Holdings, Uniray Life Sciences, LLC, Zoic Pharmaceuticals, EVLUTION NUTRITION, SMPNutra.com, Ultra Testo Rush, Hybrid Nutraceutical, Roar Ambition Ltd, and VH Nutrition LLC, are some of the major competitors in the industry.
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Table of Content
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Component
- Market Snapshot, By Source
- Market Snapshot, By Distribution Channels
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Opportunity
- Impact Analysis
- Regulatory Scenario
- Market Trends
- Key Developments
- Epidemiology
- PEST Analysis
- Collaboration and Acquisition
- Porters Analysis
- Market Dynamics
- Global Testosterone Booster Market– Impact of Coronavirus (COVID-19) Pandemic
- Economic Impact
- Impact on Demand and Supply
- COVID-19 Impact Assessments
- Global Testosterone Booster Market, By Component, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Vitamins
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- D-Aspartic Acid
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- Zinc
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- Introduction
- Global Testosterone Booster Market, By Source, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Mucuna Pruriens
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Ginseng
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Oyster Extract
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Fenugreek
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Introduction
- Global Testosterone Booster Market, By Distribution Channel, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Hypermarkets & Supermarkets
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Online Channels
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Introduction
- Global Testosterone Booster Market, By Region, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, By Region, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, For Regions, 2017–2030
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Countries, 2017-2030,(US$ Mn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Countries, 2017-2030,(US$ Mn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Countries, 2017-2030,(US$ Mn)
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Countries, 2017-2030,(US$ Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Countries, 2017-2030,(US$ Mn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2017-2030,(US$ Mn)
- North Africa
- Central Africa
- South Africa
- Introduction
- Competitive Landscape
- Heat Map Analysis
- Market Share Analysis
- TestoFuel.*
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- GNC Holdings, LLC
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- SMPNutra.com
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Hybrid Nutraceutical
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- VH Nutrition LLC
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Roar Ambition Ltd
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Ultra Testo Rush
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- EVLUTION NUTRITION.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Zoic Pharmaceuticals.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Uniraylifesciences
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- BL Bio Lab, LLC
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Nutritjet.com
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- TestoFuel.*
- Section
- Research Methodology
- About us
About Coherent Market Insights
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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