What Has Been the Progress and Growth of the Melatonin Supplements Market in Recent Years?
The melatonin supplements market has seen considerable growth due to a variety of factors.
• The melatonin supplements market has grown rapidly in recent years. It will grow from $2.37 billion in 2024 to $2.72 billion in 2025, with a CAGR of 15.0%.
Factors contributing to this growth include a rise in sleep disorders, advancements in manufacturing processes, a shift toward natural remedies, expanded distribution channels, and globalization trends.
What Is The Expected Growth In The Melatonin Supplements Market Size Evolve over the Forecast Period?
The melatonin supplements market is expected to maintain its strong growth trajectory in upcoming years.
• The melatonin supplements market is projected to grow to $4.7 billion by 2029, with a CAGR of 14.6%.
Growth is fueled by the expansion of e-commerce, consumer preference for natural remedies, favorable regulatory support, increasing product availability, and high-stress levels. Trends include broader product offerings, innovations in delivery methods, integration with wellness routines, technological advances, and a focus on efficacy and safety.
What Main Forces Are Fueling Expansion In The Melatonin Supplements Market?
The growing prevalence of sleep disorders is anticipated to boost the growth of the melatonin supplements market. Sleep disorders, which affect the quality, timing, and duration of sleep, are largely caused by lifestyle changes, excessive screen time, poor sleep habits, and the aging population. Melatonin supplements help regulate the body's internal clock and promote better sleep patterns, particularly for those with jet lag or circadian rhythm disorders. The Centraal Bureau voor de Statistiek reported in September 2023 that 22.3% of individuals aged 12 to 24 in the Netherlands faced sleeping issues in 2022, an increase from 19.4% in 2021, highlighting the growing need for melatonin supplements.
What Are The Primary Segments In The Global Melatonin Supplements Market?
The melatonin supplements market covered in this report is segmented –
1) By Type: Natural Melatonin, Synthetic Melatonin
2) By Form: Tablets And Capsules, Liquid, Sublingual Pellets, Other Forms
3) By Distribution Channel: Supermarkets And Hypermarkets, Drug Stores, Online Retail, Other Distribution Channels
4) By Application: Alzheimer's Disease, Weak Immune System, Osteoporosis, Cancer Treatment, Nerve Pain, Other Applications
5) By End User: Adults, Children
Subsegments:
1) By Natural Melatonin: Plant-Based Melatonin, Animal-Based Melatonin
2) By Synthetic Melatonin: Tablet Or capsule Form, Liquid Form, Chewable Or softgel Form, Sublingual Melatonin
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Which Emerging Market Trends Are Altering The Melatonin Supplements Industry?
Leading businesses in the melatonin supplements market are concentrating on producing innovative items like sleep aids to improve the overall sleep experience. These sleep aids, categorized as dietary supplements, are designed to enhance the quality of sleep, encourage relaxation and address issues concerning sleep like insomnia or problems with maintaining sleep. In May 2024, Natrol LLC, a dietary supplements manufacturer based in the US, introduced a new product - timed-released melatonin gummies. These supplements are specially formulated to boost sleep by delivering melatonin in a dual-action process. The gummies provide an immediate melatonin dose for quick sleep induction, followed by a slow, regulated release allowing continuous sleep all night. The extended release design encourages a consistent, peaceful sleep by diminishing instances of waking up at night. These gummies, available in varied potencies, usually contain clean components and exclude artificial flavors, sweeteners, and dyes, making them a naturally efficient solution for improved sleep.
Who Are the Key Players In The Melatonin Supplements Market?
Major companies operating in the melatonin supplements market are:
• Walgreens Boots Alliance Inc.
• Swanson Health Products Incorporated
• Vitacost.com Inc.
• Now Health Group Inc.
• The Himalaya Drug Company
• Jarrow Industries Inc.
• Natrol Inc.
• Life Extension
• Natural Factors Nutritional Products Inc.
• Robinson Pharma Inc.
• Country Life LLC
• Pharmavite LLC
• Pure Encapsulations LLC
• Solgar Inc.
• Solaray Inc.
• Mason Vitamins Inc.
• The Nature's Bounty Co.
• Optimum Nutrition Inc.
• Douglas Laboratories
• Puritan's Pride Inc.
• Nature Made
• Amazing Nutrition Inc.
• Just Potent LLC
• Source Naturals Inc.
• Bio-Tech Pharmacal Inc.
What Is The Most Dominant Region In The Melatonin Supplements Market?
North America was the largest region in the melatonin supplements market in 2024. The regions covered in the melatonin supplements market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
