Global Dehydroepiandrosterone (DHEA) Supplement Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Dehydroepiandrosterone (DHEA) supplement is a natural hormone produced by the adrenal gland. It is converted by the body into steroid hormones such as estrogen and testosterone. DHEA is also available as a dietary supplement, typically derived from wild yam or soy. It is marketed for a variety of purposes, including as an anti-aging supplement, a weight loss aid, a boost for the immune system, and to improve cognitive function and mood.
Market Overview:The latest research study on the global Dehydroepiandrosterone (DHEA) Supplement market finds that the global Dehydroepiandrosterone (DHEA) Supplement market reached a value of USD 105.44 million in 2022. It’s expected that the market will achieve USD 170.06 million by 2028, exhibiting a CAGR of 8.29% during the forecast period.
Impact of Russia and Ukraine War
Since the conflict between Russia and Ukraine, the United States and the West have imposed comprehensive and unprecedented sanctions on Russia. The financial sanctions are especially serious. They have successively resorted to freezing the overseas assets of the Russian Central Bank, kicking out major Russian banks from the Society for Worldwide Interbank Financial Telecommunication (SWIFT), restricting financing to Russian financial institutions and other leading companies in the industry, and selling Russian financial assets sharply. Downgraded Russia's sovereign credit rating to junk level, etc., and the U.S. Treasury Department even resorted to financial killers such as prohibiting the Russian government from repaying U.S. dollar debts through U.S. bank accounts, aiming to shake Russia's financial infrastructure, attack Russia's financial system, and cut off its use of U.S. dollars channels, weakening Russia's overseas financing and self-help capabilities. For the Dehydroepiandrosterone (DHEA) Supplement industry, its impact is mainly reflected in the industrial chain and supply chain. The Russia-Ukraine conflict has disrupted the Russian-Ukrainian supply chain for DHEA supplements to some extent, especially if the conflict has resulted in border closures or trade restrictions. This has resulted in shortages of DHEA supplements in these regions and increased prices for consumers.
Growing demand for anti-aging products and therapies
The growing demand for anti-aging products and therapies is a significant driving factor for the growth of the global Dehydroepiandrosterone (DHEA) Supplement market. The scientific community has long established that DHEA plays a crucial role in regulating the aging process. As individuals age, their natural levels of DHEA decline, and this is often associated with an increase in age-related diseases, including cancer, type 2 diabetes, cardiovascular disease, and reduced cognitive function. Research has shown that DHEA supplements can help to counteract the effects of aging by boosting the body's natural levels of DHEA. As a result, DHEA supplements are increasingly being used as an anti-aging therapy. Additionally, aging populations across the world are driving demand for supplements that can improve overall health and increase longevity. Therefore, the growing demand for anti-aging products and therapies is driving the growth of the global DHEA Supplement market. People are more interested in maintaining youthful appearances, improving their quality of life, and reducing the risk of age-related diseases. As a low-risk, easy-to-use, and easily accessible supplement, DHEA has emerged as a popular option for consumers looking to support their health and well-being as they age. In conclusion, the growing demand for anti-aging products and therapies is likely to continue driving the growth of the global Dehydroepiandrosterone (DHEA) Supplement market.
The product has certain side effects
Dosing Concerns: Dosing requirements for DHEA are not well-established, which can make it difficult for consumers to know how much to take. High doses of DHEA can lead to unwanted side effects, such as hair loss, acne, and mood changes.
Interactions with Medications: DHEA can interact with other medications, including hormone therapy and cancer treatments. It is important for people taking any prescription medications to talk to their healthcare provider before taking DHEA supplements.
Side Effects: DHEA can cause unwanted side effects, such as oily skin, acne, and facial hair growth in women. Long-term use of DHEA supplements may also increase the risk of hormone-sensitive cancers.
Region Overview:In global comparison, a significant portion of the revenue was generated in North America (78.80% in 2022).
Company Overview:Vytalogy Wellness is one of the major players operating in the Dehydroepiandrosterone (DHEA) Supplement market, holding a share of 21.55% in 2023.
Vytalogy Wellness
Vytalogy Wellness’ mission is to be a modern wellness company that fuses science and quality ingredients to create highly-efficacious products that make a transformative impact on consumers’ lives. Based in California with more than 600 employees and U.S.-based manufacturing, Vytalogy markets products across multiple channels and many supplement categories. Vytalogy is a portfolio company of New Mountain Capital, LLC.
Life Extensions
Life Extensions is a health and wellness company that offers high-quality nutritional supplements, vitamins, and other health products designed to promote optimal health and wellness.
Segmentation Overview:Among different product types, DHEA Supplements Capsules segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Men segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Dehydroepiandrosterone (DHEA) Supplement market covered in Chapter 3:aSquared Nutrition
Havasu Nutrition
Douglas Laboratories
Sundown Naturals
Pure Encapsulation
Vytalogy Wellness
Country Life
Integrative Therapeutics
Life Extensions
Sheer Strength Labs
Zhou Nutrition
Bulk Supplements
Swanson
In Chapter 4 and Chapter 14.2, on the basis of types, the Dehydroepiandrosterone (DHEA) Supplement market from 2018 to 2029 is primarily split into:DHEA Supplements Capsules
DHEA Supplements Tablet
Others
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Dehydroepiandrosterone (DHEA) Supplement market from 2018 to 2029 covers:Men
Women
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)