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Testosterone Booster Market size is estimated to be valued at US$ 472.7 Mn by 2030, Globally at a CAGR of 5.6% | TestoFuel, GNC Holdings

December 22nd, 2022 Coherent Market Insights Releases

The rising prevalence of chronic diseases observed globally and the ensuing rise in demand for cutting-edge medicines to treat low testosterone levels are key industry trends that are anticipated to propel the expansion of the worldwide testosterone booster market over the forecast period. For instance, according to a National Center for Biotechnology Information report from February 2022, there were 437.9 million new cases of type 2 diabetes worldwide, with an age-standardized point prevalence of 5282.9 per 100,000 people. This is a 49% rise since 1990.

Request a Sample Copy of the Research Report :
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Key industry stakeholders were affected by the COVID-19 pandemic’s significant disruptions to clinical trial execution in the United States. An upheaval in the investigative site’s capabilities was brought on by staff layoffs, social-distance protocols, financial losses, and patient safety worries. Companies that support drug development, such as sponsors and contract research companies (CROs), have transitioned to remote working arrangements. The COVID-19 pandemic is thought to have forced the termination or interruption of 80% of non-COVID-19 trials. According to a study published in April 2020 for The Impact of COVID-19 on Clinical Trial Sites by Medidata, a provider of life sciences software that supports clinical trials with a primary focus on evidence generation, investigative sites showed flexibility and ingenuity in adopting new approaches to deal with the challenges posed by the pandemic, with more than half of investigative sites switching to virtual approaches to interact with patients. More recently, follow-up surveys conducted in August 2020 have shown that the COVID-19 pandemic continues to have an influence on ongoing trials and the beginning of new trials, with over 60% indicating an average or greater level of impact. Challenges with patient recruiting and enrollment were especially mentioned by respondents.

The U.S. FDA recently stated that the impact of COVID-19 may require organisations conducting clinical trials to explore virtual patient visits or implement new processes in lieu of existing protocols. The FDA guideline was released in March 2020 and amended in July 2020. As a result, there are additional possibilities for using remote healthcare, such as running virtual or decentralised studies, using site-less clinical trials, or using other unconventional strategies that do not require in-person visits.

Furthermore, over the course of the projected period, the prevalence of testosterone insufficiency is anticipated to rise. For instance, a National Center for Biotechnology Information article from May 2021 estimates that in Canada, the prevalence of testosterone deficiency (TD) will be 4-12% in males aged 50–59, 9–23% in men aged 60–69, and 28–49% in men over 70.

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Key Takeaways

Due to rising research and development spending activities that are anticipated to spur market growth, the global testosterone booster market is anticipated to display a CAGR of 5.6% during the forecast period. For instance, the Higher Education Research and Development (HERD) rankings of the National Science Foundation (NSF) show that U.S. universities spent $83.7 billion on research and development (R&D) activities in Financial Year (FY) 2019. Among Distribution Channels, the Pharmacies segment is predicted to hold a dominant position in the global testosterone booster market over the forecast period because pharmacies offer a number of advantages such as free shipping, discounts, and r For instance, Apollo Pharmacy is offering a 35% discount on 60 capsules of Healthvit Testosterone Booster. The beneficial ingredients of HealthVit Testosterone Booster Capsules are Tribulus, Mucuna, Musli, and Ashwagandha.

Due to a rising geriatric population, Asia Pacific is predicted to have the highest CAGR in the worldwide testosterone booster market over the course of the projected period. For instance, the 2020 census found that there were around 264 million people in China who were 60 or older, making up about 18.7% of the total population, an increase from the 13.3% seen in the 2010 census.

Nutritjet.com, TestoFuel, BL Bio Lab LLC, GNC Holdings, LLC, com, Uniray Life Sciences,  Hybrid Nutraceutical, Zoic Pharmaceuticals, VH Nutrition LLC, EVLUTION NUTRITION, Roar Ambition Ltd, and Ultra Testo Rush are major competitors in the global testosterone booster industry.

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Note: Special discounted pricing is only applicable for direct purchase through website. In case of customization, discount would be subject to scope and coverage of the report.

Explore Detail TOC of the Testosterone Booster Market Report:

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. 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)
  3. 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
  4. Global Testosterone Booster Market– Impact of Coronavirus (COVID-19) Pandemic
    • Economic Impact
    • Impact on Demand and Supply
    • COVID-19 Impact Assessments
  5. 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)
  6. 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)
  7. 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)
  8. 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
  9. 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
  10. Section
    • Research Methodology
    • About us

Related Reports –

Hormone replacement therapy market 

Europe iv hydration therapy market

Androgen replacement therapy market

About Us

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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