Melatonin Supplements Market Outlook, Trends, Leading Companies and Industry Growth 2021-26

[Business Point 2021]

According to IMARC Group expects the melatonin supplements market to grow at a CAGR of around 11% during 2021-2026.

Market Outlook:

Melatonin supplements are available in the form of pills, liquids, and chewable gummies. Their consumption assists in treating sleep-related disorders, such as insomnia, jet lag, rapid eye movement, and delayed sleep phase syndrome. Apart from this, as their high doses, along with chemotherapy and other cancer treatments, aids in reducing tumor size, their demand is escalating around the world.

Market Trends and Drivers:

At present, there is a considerable increase in the prevalence of lifestyle diseases, such as hypertension, obesity, and palpitation. This, in confluence with hectic work schedules and rising stress levels, represents one of the key factors positively influencing the market. Besides this, the increasing prescribing rate of sleeping pills during post-traumatic stress, cancer treatment, and psychotherapy is also strengthening the melatonin supplements market growth. Furthermore, leading players are introducing melatonin supplements of innovative flavors and quick-dissolving variants. They are also significantly investing in research and development (R&D) activities, which is anticipated to propel the growth of the market.

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Major Players Covered:

Amazing Nutrition (Good Brands LLC)
Just Potent LLC
Life Extension Foundation Inc.
Natrol LLC (Aurobindo Pharma USA, Inc.)
NOW Foods
Optimum Nutrition, Inc. (Glanbia plc)
Pharmavite LLC (Otsuka Pharmaceutical Co., Ltd.)
Reckitt Benckiser Group plc.
Robinson Pharma, Inc.
The Nature's Bounty Co. (KKR & Co. Inc.)

Key Highlights of the Market Segmentation:

The report has segmented the global melatonin supplements market on the basis of type, form, treatment, application, distribution channel and region.

Breakup by Type:

Natural Melatonin
Synthetic Melatonin

Breakup by Form:

Pills
Liquids
Chewables
Chewables

Breakup by Treatment:

Medicinal
Preventive

Breakup by Application:

Sleep Disorders
Alzheimer’s Disease
Weak Immune System
Cancer Treatment
Others

Breakup by Distribution Channel:

Hospitals Pharmacies
Online Pharmacies
Drug Stores
Retail Pharmacies
Others

Breakup by Region:

North America
Asia Pacific
Europe
Latin America
Middle East and Africa

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Key Highlights of the Report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

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