Overview and Scope
A testosterone booster is a supplement that is taken to naturally improve testosterone levels, a male sex hormone, in men. They often contain a variety of ingredients, such as herbs and minerals. It is used in male health to improve sexual performance, muscular strength, and increased muscle mass.
Sizing and Forecast
The testosterone booster market size has grown strongly in recent years. It will grow from $5.11 billion in 2023 to $5.47 billion in 2024 at a compound annual growth rate (CAGR) of 7%. The growth in the historic period can be attributed to endorsements by healthcare professionals, cultural shifts in beauty standards, fitness publications and media, globalization of fitness culture, changing perceptions of masculinity.
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The testosterone booster market covered in this report is segmented –
1) By Component: Vitamins, D-Aspartic Acid, Zinc Component
2) By Source: Mucuna Pruriens, Ginseng, Oyster Extract, Fenugreek
3) By Application: Hospitals, Retail Pharmacies
North America was the largest region in the testosterone booster market in 2023. The regions covered in the testosterone booster market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The growing awareness about health and fitness is expected to propel the growth of the testosterone booster market going forward. Health and fitness refer to the overall well-being and optimal functioning of the body and mind, and they encompass physical, mental, and social aspects of health, emphasizing the maintenance or improvement of one’s body condition. Testosterone boosters may help increase muscle mass and strength, which can be beneficial for athletic performance and overall physical strength. For instance, in September 2023, according to a survey of 2,271 UK adults by ukactive, a UK-based not-for-profit industry association, more than half of UK adults (54%) reported that their main motivation for keeping physically active was to help their mental health, while 49% said it was getting in shape. Further, among them, 86% agreed that keeping physically active can help prevent various illnesses and injuries from occurring. Therefore, growing awareness about health and fitness is driving the growth of the testosterone booster market.
Key Industry Players
Major companies operating in the testosterone booster market report are GNC Holdings LLC, Evolution Nutrition LLC, Iron Brothers Supplements, Musclepro Nutrition Pvt Ltd., Nutrabolt, Alpha Pro Tech Ltd., MuscleTech, Perfomance Lab, Hybrid Nutraceuticals LLC, Optimum Nutrition, Vita Balance Inc., JYM Suppliment Science, VH Nutrition LLC, SMP Nutra LLC, Roar Ambition Ltd, Ultra Testo Rush , BL Bio Lab LLC, Pharmgrade, Zenith Nutrition, CrazyBulk NZ, Nugenix, Lipocine Inc., TestoTEK, Invictus Labs, Zoic Pharmaceuticals
The testosterone booster market report table of contents includes:
1. Executive Summary
2. testosterone booster Characteristics
3. testosterone booster Trends And Strategies
4. testosterone booster – Macro Economic Scenario
5. Global testosterone booster Size and Growth
…..
32. Global testosterone booster Competitive Benchmarking
33. Global testosterone booster Competitive Dashboard
34. Key Mergers And Acquisitions In The testosterone booster
35. testosterone booster Future Outlook and Potential Analysis
36. Appendix
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