Global Melatonin Sleep Supplement Market
Global Melatonin Sleep Supplement Market was valued at US$ 454 Mn in 2021 that anticipated to reach US$ 759 Mn by 2027 at a CAGR 5.7% from 2022-2027.
Melatonin is a hormone which helps in managing the sleep-wake cycle and is produced naturally in the body. It is synthetically produced in laboratories for managing short-term treatment of Insomnia. It has antioxidant characteristic which expand its utilization across pharmaceutical, food and beverages & dietary supplements.
Market Drivers
The increase in user acknowledgment about sleep necessity and the precaution from Insomnia drive the growth of the Global Melatonin Sleep Supplement Market. The changing life style & hectic schedule shows the work-life imbalance which give rise to some mental conditions like insomnia, short-term anxiety and stress, further expanding the melatonin sleep supplements market share. Fast rise in number of healthcare suppliers for lifestyle and chronic diseases is one of the notable component crediting towards the growth of Global Melatonin Sleep Supplement. One more emerging trend in the melatonin supplement market is the easy accessibility of nutrimental supplements. In various clinical trials it has also notice that melatonin supplements as well reduce unwanted effect of chemotherapy and increases life span of cancer patient. The listed components are anticipated to drive the market growth of melatonin supplement & expected to remain dominant during the forecast period.
Market Restraints
Lack of awareness of supplement consumption causes an overdose, hampering the Global Melatonin Sleep supplement market share. Rising other treatments for insomnia decreases the demand for Global Melatonin Sleep Supplement. Strict governmental polies on prescribed medication such as melatonin supplements can impede the sales of melatonin sleep supplement. Trade disturbance and border closures during the pandemic hinder the Global Melatonin Sleep Supplement Market share. Manufacturing Melatonin decreases due to oscillating prices of raw materials fetter the Global Melatonin Sleep Supplement Market size.
Market Segmentation
Global Melatonin Sleep Supplement Market is segmented into Type, Application, Distribution Channel & Industry Vertical. By Type such as Tablet, Capsule. By Application such as Alzheimer’s Disease, Weak Immune system, Osteoporosis, Cancer Treatment, Nerve Pain, Others. By Distribution Channel such as Supermarkets and Hypermarkets, Departmental Stores, Specialty Shops, E Commerce Platforms. By Industry verticals such as Pharmaceuticals, Food & Beverages, Medical & Healthcare, Others.
Regional Analysis
Global Melatonin Sleep Supplement Market is segmented into five regions North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is the major market occupying about 36.7% of the melatonin sleep supplements market share in 2022 owing to the fast pace life and rising cases of insomnia in youngsters. Europe is flourishing in the melatonin sleep supplements market share with a CAGR of 18.3% in 2022. The Asia Pacific is expected to experience slow advancement because of little availability of melatonin sleep supplements.
Key Players
Various Key Players are listed in this report such as Puritan's Pride, Douglas Laboratories, Doctor's Best, Nature Made, Jarrow Formulas, GNC, Life Extension, KAL, Natrol, Mason Natural, Nature’s Bounty, Natural Factors.
Market Taxonomy
By Type
By Application
By Distribution Channel
By Industry verticals
By Region
Global Melatonin Sleep Supplement Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Melatonin Sleep Supplement Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Melatonin Sleep Supplement Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Melatonin Sleep Supplement Market Share Analysis, By Type
5.3 Global Melatonin Sleep Supplement Market Size and Forecast, By Type
5.3.1 Tablet
5.3.2 Capsule
6 Global Melatonin Sleep Supplement Market, By Product
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Melatonin Sleep Supplement Market Share Analysis, By Application
6.3 Global Melatonin Sleep Supplement Market Size and Forecast, By Application
6.3.1 Alzheimer’s Disease
6.3.2 Weak Immune system
6.3.3 Osteoporosis
6.3.4 Cancer Treatment
6.3.5 Nerve Pain
6.3.6 Others.
7 Global Melatonin Sleep Supplement Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Global Melatonin Sleep Supplement Market Share Analysis, By Distribution Channel
7.3 Global Melatonin Sleep Supplement Market Size and Forecast, By Distribution Channel
7.3.1 Supermarkets and Hypermarkets
7.3.2 Departmental Stores
7.3.3 Specialty Shops
7.3.4 E Commerce Platforms.
8 Global Melatonin Sleep Supplement Market, By Industry Vertical
8.1 Y-o-Y Growth Comparison, By Industry Vertical
8.2 Global Melatonin Sleep Supplement Market Share Analysis, By Industry Vertical
8.3 Global Melatonin Sleep Supplement Market Size and Forecast, By Industry Vertical
8.3.1 Pharmaceuticals
8.3.2 Food & Beverages
8.3.3 Medical & Healthcare
8.3.4 Others.
9 Global Melatonin Sleep Supplement Market, By Region
9.1 Global Melatonin Sleep Supplement Market Share Analysis, By Region
9.2 Global Melatonin Sleep Supplement Market Share Analysis, By Region
9.3 Global Melatonin Sleep Supplement Market Size and Forecast, By Region
10 North America Melatonin Sleep Supplement Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 North America Melatonin Sleep Supplement Market Share Analysis, By Type
10.3 North America Melatonin Sleep Supplement Market Size and Forecast, By Application
10.4 North America Melatonin Sleep Supplement Market Size and Forecast, By Distribution Channel
10.5 North America Melatonin Sleep Supplement Market Size and Forecast, By Industry Vertical
10.6 North America Melatonin Sleep Supplement Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Melatonin Sleep Supplement Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Europe Melatonin Sleep Supplement Market Share Analysis, By Type
11.3 Europe Melatonin Sleep Supplement Market Size and Forecast, By Application
11.4 Europe Melatonin Sleep Supplement Market Size and Forecast, By Distribution Channel
11.5 Europe Melatonin Sleep Supplement Market Size and Forecast, By Industry Vertical
11.6 Europe Melatonin Sleep Supplement Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4. Rest of Europe
12 Asia Pacific Melatonin Sleep Supplement Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Asia Pacific Melatonin Sleep Supplement Market Share Analysis, By Type
12.3 Asia Pacific Melatonin Sleep Supplement Market Size and Forecast, By Application
12.4 Asia Pacific Melatonin Sleep Supplement Market Size and Forecast, By Distribution Channel
12.5 Asia Pacific Melatonin Sleep Supplement Market Size and Forecast, By Industry Vertical
12.6 Asia Pacific Melatonin Sleep Supplement Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13 Latin America Melatonin Sleep Supplement Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Latin America Melatonin Sleep Supplement Market Share Analysis, By Type
13.3 Latin America Melatonin Sleep Supplement Market Size and Forecast, By Application
13.4 Latin America Melatonin Sleep Supplement Market Size and Forecast, By Distribution Channel
13.5 Latin America Melatonin Sleep Supplement Market Size and Forecast, By Industry Vertical
13.6 Latin America Melatonin Sleep Supplement Market Size and Forecast, Country
13.6.1. Brazil
13.6.2. Rest of Latin America
14 Middle East Melatonin Sleep Supplement Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Middle East Melatonin Sleep Supplement Market Share Analysis, By Type
14.3 Middle East Melatonin Sleep Supplement Market Size and Forecast, By Application
14.4 Middle East Melatonin Sleep Supplement Market Size and Forecast, By Distribution Channel
14.5 Middle East Melatonin Sleep Supplement Market Size and Forecast, By Industry Vertical
14.6 Middle East Melatonin Sleep Supplement Market Size and Forecast, By Country
14.6.1. Saudi Arabia
14.6.2. UAE
14.6.3. Egypt
14.6.4. Kuwait
14.6.5. South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Puritan's Pride
16.1.1 Overview
16.1.2 Products
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2. Douglas Laboratories
16.2.1 Overview
16.2.2 Products
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3. Doctor's Best
16.3.1 Overview
16.3.2 Products
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Nature Made
16.4.1 Overview
16.4.2 Products
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Jarrow Formulas
16.5.1 Overview
16.5.2 Products
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 GNC
16.6.1 Overview
16.6.2 Products
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Life Extension
16.7.1 Overview
16.7.2 Products
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 KAL
16.8.1 Overview
16.8.2 Products
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Natrol
16.9.1 Overview
16.9.2 Products
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Mason Natural
16.10.1 Overview
16.10.2 Products
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
