Global Testosterone Booster Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Testosterone Booster Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Testosterone is a vital multifunctional male sex hormone, the main hormone that produces characteristics related to masculinity, such as a large number of muscles, facial hair, libido, and sperm production. Testosterone will naturally decline with age. Testosterone boosters are supplements that claim to increase testosterone levels in the body and may improve sexual performance, libido and muscle mass. Testosterone boosters usually mainly add some natural ingredients, such as mucuna pruriens, ginseng and so on.

Market Overview:

The latest research study on the global Testosterone Booster market finds that the global Testosterone Booster market reached a value of USD 148.27 million in 2022. It’s expected that the market will achieve USD 235.0 million by 2028, exhibiting a CAGR of 7.98% during the forecast period.

The pandemic caused by the new crown virus is continuing to bring unprecedented challenges to healthcare, education, finance, commerce, and society as a whole. Consumers’ attitudes towards work, travel, social interaction, and health care and their behavior are undergoing fundamental changes. Change. Since the outbreak of the new crown epidemic, consumers' attitudes towards health care have also undergone fundamental changes. This has brought challenges to testosterone boosters’ market and also brought development opportunities.

From a business perspective, the outbreak of the new crown epidemic has significantly reduced business activities, especially in the consumer sector. Many people are restricted by stay-at-home orders, and various consumer expenditures have been compressed. However, people are paying more and more attention to the overall health status, which is conducive to the growth of consumer demand for testosterone booster products.

The new crown epidemic has had a huge impact on people's daily lives, and the way consumers obtain products and services has become the focus of attention. During the COVID-19 pandemic, e-commerce has accelerated its normalization, and consumer health products and OTC products may also be sold through e-commerce channels to a certain extent. Therefore, the new crown epidemic has accelerated the expansion of digital sales channels for testosterone booster industry participants to a certain extent.

In the post-epidemic era, testosterone booster companies should pay more attention to providing digital marketing techniques and establishing multi-channel communication to attract B2B and B2C audiences, interact with them, and further cultivate customer loyalty.

The importance of maintaining testosterone levels

Testosterone is the main male sex hormone responsible for masculinity. Testosterone plays an important role in male libido, sperm production, muscle mass and facial hair growth. Testosterone also plays an important role in regulating and controlling mood, energy, sleep and fat distribution. Without adequate testosterone levels, men may suffer from a variety of health problems, including decreased libido, infertility, depression, fatigue, and insomnia. Testosterone boosters combined with a balanced, healthy diet and regular exercise can help increase testosterone levels and provide other benefits. The growing awareness of young people and adults on health and fitness has been one of the main factors driving the growth of the testosterone booster market.

The use of testosterone boosters is becoming more and more mainstream among athletes

Many athletes around the world use testosterone boosters to significantly increase muscle mass in a short period of time. Anabolic androgenic steroids are synthetic derivatives of testosterone, commonly used in athletes aged 18-40, but many reports indicate that long-term use of AAS can produce a variety of toxic and hormonal effects. Due to the growing global interest in herbal ingredients and other dietary supplements, the use of testosterone boosters has become more and more mainstream among athletes. Many bodybuilders use testosterone boosters because they are believed to improve muscle mass. This is also one of the main drivers of the testosterone booster market.

Lack of strict supervision

Testosterone booster is a supplement. The FDA does not regulate testosterone supplements, which means that the quality, purity and dosage of supplements vary greatly. The source of many OTC testosterone boosters is unreliable, which means that the ingredients may be impure, of low quality, or unable to effectively increase testosterone. Some manufacturers fail to disclose certain ingredients on their labels, including anabolic steroids. Anabolic steroids are the synthetic version of testosterone and are associated with liver damage, kidney failure, and increased risk of heart attack and prostate cancer. Therefore, the lack of strict supervision may cause some products of unknown origin or inferior quality to appear on the market, which is not conducive to the long-term and healthy development of the testosterone booster market, and it also brings challenges to market competition among other industry participants.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

Nugenix is one of the major players operating in the Testosterone Booster market, holding a share of 20.73% in 2023.

Nugenix

Adaptive Health has become a leading consumer health platform by providing powerful and easy-to-understand health solutions in an era of ever-changing consumer needs. Its Nugenix is a safe and specially formulated all-natural dietary supplement that can help the body grow Natural production of testosterone.

Testofuel

TestoFuel is an extensively researched formula designed to naturally increase testosterone levels. It contains specially selected nutrients that help promote the production of testosterone.

Segmentation Overview:

As for product types, the D-Aspartic Acid segment held the largest market share in 2022.

D-Aspartic Acid

Aspartic acid is an amino acid that exists in two forms. D-Aspartic acid can increase the release of hormones in the brain, which ultimately leads to the production of testosterone. It also plays a role in increasing the production and release of testosterone in the testes. Because of this, it often appears in supplements that promote testosterone.

Vitamins

Vitamins are substances needed by the body for normal growth and development. Among them, vitamin D is an important vitamin that can increase testosterone levels, especially when vitamin D levels are insufficient.

Mucuna Pruriens

Mucuna pruriens is a tropical legume native to tropical regions of Africa and Asia, and is widely naturalized and cultivated. Mucuna pruriens is a mature herbal medicine used to treat male infertility, neurological disorders, and also as an aphrodisiac.

Ginseng

Ginseng has fleshy roots and can be used for medicinal purposes. It is mainly grown in East Asia, especially in cold regions. Ginseng can help regulate blood sugar levels and is beneficial for certain cancers. More importantly, ginseng can strengthen the immune system, enhance brain function, relieve fatigue and improve the symptoms of erectile dysfunction.

Oyster Extract

Oyster extract is the dried meat of oysters except for the shell. It contains vitamin B12, iodine and copper, and is the highest natural source of the trace element zinc. It can increase blood flow and help erection and testicular function. Oyster extract is the dried meat of oysters except for the shell. It contains vitamin B12, iodine and copper, and is the highest natural source of the trace element zinc. It can increase blood flow and help erection and testicular function.

Fenugreek

Fenugreek is an herb similar to clover. The taste of the seeds is similar to maple syrup and can be used in food and medicine. Fenugreek supplements are a safe and effective treatment that can alleviate androgen deficiency symptoms that may occur in healthy middle-aged and elderly men, improve sexual function, and increase serum testosterone.

Stinging Nettle

Nettle has been used to treat painful muscles and joints, eczema, arthritis, gout, and anemia. Nettle can also increase the amount of free testosterone by binding to the testosterone inhibitor sex hormone binding globulin (SHBG).

Application Overview:

By application, the Offline Sales segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Testosterone Booster market covered in Chapter 3:

TestoPrime
Monster T
TestoTEK
Testofuel
Nugenix
Testo-Max
MUSCLETECH
TestoGen

In Chapter 4 and Chapter 14.2, on the basis of types, the Testosterone Booster market from 2018 to 2029 is primarily split into:

D-Aspartic Acid
Vitamins
Mucuna Pruriens
Ginseng
Oyster Extract
Fenugreek
Stinging Nettle
Other

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Testosterone Booster market from 2018 to 2029 covers:

Online Sales
Offline Sales

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)