Pregnenolone supplements are natural supplements that are helpful for reducing stress and boosting energy levels. They are derived from cholesterol and act as precursor for other steroid hormones such as progesterone, cortisol, estrogen, and testosterone. Pregnenolone supplements help support brain function, improve symptoms of depression, reduce inflammation, and enhance metabolism. The global pregnenolone supplements market is estimated to be valued at US$ 626.81 Bn in 2023 and is expected to exhibit a CAGR of 19.% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends
Increasing Adoption of Natural Supplements
The key trend fueling the growth of the pregnenolone supplements market is increasing adoption of natural supplements. Due to growing health consciousness among people, the demand for natural products is increasing significantly. Pregnenolone supplements are natural products derived from cholesterol and help support various health conditions in a natural manner. Thus, growing inclination towards leading healthy lifestyle is driving the demand for pregnenolone supplements. Furthermore, increasing prevalence of stress, depression, and other lifestyle-related conditions are prompting people to adopt natural supplements like pregnenolone for management of these conditions, which is further propelling the market growth.
Segment Analysis
The global pregnenolone supplements market is segmented based on route of administration into oral and topical. The oral segment dominates the market as it is the most convenient form of administration. Pregnenolone supplements are available in the form of capsules and tablets that can be easily consumed orally.
Key Takeaways
The global Pregnenolone Supplements Market Growth is expected to witness high growth over the forecast period of 2024 to 2031.
Regional analysis: North America holds the largest share of the pregnenolone supplements market due to rising awareness about the cognitive health benefits of pregnenolone amongst consumers in the region. The US dominates the North America market.
Key players: Key players operating in the pregnenolone supplements market include Thermo Fisher Scientific Inc., Agilent Technologies, Inc, bioMérieux SA, F. Hoffmann-La Roche Ltd , QIAGEN, Illumina, Inc., Oxford Nanopore Technologies plc., BGI, PerkinElmer Genomics, and Pierian. Thermo Fisher Scientific holds the largest market share owing to its robust product portfolio and widespread geographic presence.
For more insights, read- https://www.newsstatix.com/pregnenolone-supplements-market-trends-size-and-share-analysis/
For more details on the report, Read-https://techaxen.com/beyond-batteries-navigating-the-landscape-of-stationary-energy-storage-technologies/
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