Melatonin Market: Business Opportunities, Market Challenges, Global Industry Forecast & Analysis by 2028

According to the report by Quince Market Insights, the Melatonin Market�is expected to promise high growth owing to increasing demand for use in healthcare products in recent years. Growing demand from applications like medicine synthesis, dietary supplements, immunity enhancer is expected to drive the growth of the market.

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Understanding the chemistry and uses of Melatonin
Melatonin is a hormone, which the human body naturally secretes. Melatonin has vast medicinal uses. In laboratories the melatonin used to make medicine is synthesized artificially. People often induce oral melatonin to correct sleep cycles and biological clock for the body. Melatonin is used by the blind to maintain their day-night cycles. Melatonin is injected through the veins to sooth the erratic heartbeat for seizure during heart attacks. Melatonin is also used to resist cancer or to prevent it.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Natrol
2. Pharmavite
3. Nature's Bounty
4. Jameison
5. Rexall Sundown
6. GNC
7. Xiu Zheng
8. Church and Dwight
9. By-Health
10. Pfizer
11. Solgar
12. Biotics Research
13. Now Food

Important Factors Impacting Market Growth:
o Demand for use in healthcare products
o High demand due to rising insomnia cases in urban population

Insights about regional distribution of market
Based on region, the melatonin market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. Some of the major markets in North America and Western Europe are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major North American and Western European companies are headquartered in this market. These regions have witnessed a number of transitions from end-use industries in terms of the production of chemicals and their respective applications.

The Asia Pacific and the Middle East are expected to register substantial growth in the melatonin market during the forecast period. This demand is with regard to the growth of major applications such as medicine synthesis, dietary supplements, immunity enhance. Major Asia-Pacific countries include China, South Korea, Japan, India, Australia, etc.

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With operations by major chemical giants in the region, Eastern Europe was dominated largely by Russia and Turkey. Rest the world that includes South America, and the melatonin market has strong potential for Africa. Global companies have increasingly invested in these regions to strengthen their presence and to tap the potential market. Major melatonin-market economies in these regions include Brazil, South Africa, Nigeria, Argentina, Colombia and others.

Market Segmentation:

By Product Type:
Pharmaceutical Grade
Food Grade

By Application:
Medicine Synthesis
Dietary Supplement
Immunity Enhancer

By Region:
North America
By Country (US, Canada, Mexico)
By Product Type
By Application

Western Europe
By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
By Product Type
By Application

Eastern Europe
By Country (Russia, Turkey, Rest of Eastern Europe)
By Product Type
By Application

Asia Pacific
By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
By Product Type
By Application

Middle East
By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
By Product Type
By Application

Rest of the World
By Region (South America, Africa)
By Product Type
By Application

Reasons To Buy This Report:

Market size estimation of the global melatonin market on a regional and global basis
The unique research design for market size estimation and forecast
Profiling of major companies operating in the market with key developments
Broad scope to cover all the possible segments helping every stakeholder in the market

Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: +1 208 405 2835 / +44 121 364 6144 / +91 706 672 4848
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

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This release was published on openPR.