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Top Market Shifts Transforming the Melatonin Supplements Market Landscape: Key Insights
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Melatonin Supplements Market Through 2025?
The market for melatonin supplements has experienced exponential growth in recent years, with its value expected to grow from $2.37 billion in 2024 to $2.7 billion in 2025, representing a compound annual growth rate (CAGR) of 14.0%. Factors contributing to this growth during the historic period are an increase in sleep disorder incidences, advancements in production methods, a tilt towards natural treatments, widening distribution networks, historical globalization patterns, and entry into new regional markets.
What's the Projected Size of the Global Melatonin Supplements Market by 2029?
The market size of melatonin supplements is anticipated to experience swift expansion in the upcoming years. It is projected to reach "$4.44 billion by 2029, witnessing a compound annual growth rate (CAGR) of 13.2%. The expected growth during the forecast period can be credited to the expansion of e-commerce platforms, increased consumer inclination towards herbal and natural solutions, potential regulatory support and favorable policies, broadening product accessibility, and elevated stress levels. Significant trends during this period include diversification of product options, advancements in distribution methods, synchronization with wellness routines, technological progression, and emphasis on effectiveness and safety.
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Top Growth Drivers in the Melatonin Supplements Industry: What's Accelerating the Market?
The increase in sleep disorders is anticipated to boost the growth of the melatonin supplements market. Commonly considered as sleep-wake disorders, sleep disorders include issues with the quality, timing, and duration of sleep, which result in distress and impairment during daytime activity. Factors such as lifestyle shifts, more screen time, inadequate sleep hygiene, and an aging demographic, have contributed to the rise in sleep disorders. Melatonin supplements aid in filling the gap of the body's natural melatonin levels, assisting in aligning the body's internal clock, reinforcing regular sleep habits, particularly those suffering circadian rhythm abnormalities or jet lag. To illustrate, data from the Centraal Bureau voor de Statistiek (CBS), a Netherlands central agency, in September 2023, indicated that approximately 22.3% of individuals between ages 12 to 24 experienced sleep issues in 2022. This was a growth from 19.4% in 2021 within the same age group. This rise in sleep disorders is thus fueling the growth of the melatonin supplements market.
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What Are the Key Trends Driving Melatonin Supplements Market Growth?
Leading firms in the melatonin supplements industry are concentrating on creating innovative product offerings such as sleep aids to improve overall sleep outcomes. Dietary sleep aids aim to magnify sleep quality, induce relaxation, and address sleep-related complications such as the inability to remain asleep or insomnia. For instance, in May 2024, Natrol LLC, an American dietary supplement* producer, introduced time-release melatonin gummie supplements. These supplements are formulated to amplify sleep benefits by delivering melatonin in a dual-action approach. The gummie*s* provide an immediate melatonin dosage to assist in achieving sleep quickly, in addition to a slow, controlled release intended to sustain sleep throughout the evening. This slow-release function encourages continuous, deep sleep by minimizing disruptions during the night. Offered in varying potency levels, these gummie*s* are typically produced using clean, natural ingredients, devoid of artificial flavorings, sweeteners, and colorants, establishing them as a natural and efficient remedy for improved sleep.
What Are the Main Segments in the 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 Top Companies are Driving Growth 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.
Which Regions Will Dominate the Melatonin Supplements Market Through 2029?
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.
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