The Pregnenolone Supplements Market is estimated to be valued at US$ 544.1 Mn in 2023 and is expected to exhibit a CAGR of 5.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Pregnenolone supplements are dietary supplements derived from the human body. They are used as alternative medicine for issues like fatigue, depression, and menopause symptoms. Pregnenolone is a precursor to other steroid hormones such as progesterone, cortisol, estrogen, and testosterone. It helps maintain normal brain and reproductive functions. The supplements come in capsule or tablet form for oral consumption. Rising aging population has increased the demand for supplements supporting hormonal health.
Market Dynamics:
The pregnenolone supplements market is driven by increasing aging population globally. As per United Nations report, number of people aged 60 years or older is projected to reach 2.1 billion by 2050 from 1 billion currently. Aging impacts hormone levels in the body. Pregnenolone supplements help boost hormones and alleviate symptoms of aging like fatigue, memory loss and low mood.