Melatonin Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Global Melatonin Supplements Market is segmented by Type (Natural Melatonin and Synthetic Melatonin), Application (Medical, and Dietary Supplement), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa).

Melatonin Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Melatonin Market Size

Melatonin Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
CAGR 10.00 %
Fastest Growing Market North America
Largest Market North America
Market Concentration High

Major Players

Melatonin Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Melatonin Market with other markets in Chemicals & Materials Industry

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Melatonin Market Analysis

The melatonin market is projected to register a CAGR of more than 10% during the forecast period. The market was negatively impacted by COVID-19 in 2020. However, the market has now been estimated to have reached pre-pandemic levels and is expected to grow steadily in the future.

  • The growth of the market is likely to be driven by the growing need for melatonin in the medical field.
  • On the other hand, government regulations on the use of melatonin in insomnia medicine are expected to hinder the market's growth.
  • Melatonin used for medical purposes is expected to lead the market over the next few years.
  • North America is expected to have the largest share of the market, with countries like the United States and Canada using the most.

Melatonin Industry Overview

The global melatonin market is consolidated by nature. Some of the major players in the market include Aspen Holdings, Nature's Bounty, Pfizer Inc., Natrol, LLC., and Biotics Research Corporation, among others (in no particular order).

Melatonin Market Leaders

  1. Nature’s Bounty

  2. Biotics Research Corporation

  3. Pfizer Inc

  4. Aspen Holdings

  5. Natrol, LLC.

  6. *Disclaimer: Major Players sorted in no particular order
Melatonin Market Concentration
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Melatonin Market News

  • January 2023: Pfizer Inc. announced that it has significantly increased its commitment to the "Agreement for a Healthier World" by offering the entire portfolio of medicines and vaccines for which it has global rights on a not-for-profit basis in order to improve the health of 1.2 billion people in 45 low-income countries.
  • November 2022: Natrol released MelatoninMax, a sleep aid that comes in a single gummy and has 10 milligrams (mg) of melatonin, which is the maximum amount that can be taken.

Melatonin Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Increasing Demand for Melatonin from the Medical Sector
    • 4.1.2 Other Drivers
  • 4.2 Restraints
    • 4.2.1 Government Regulations on the Use of Melatonin in Insomnia Medicine
    • 4.2.2 Other Restraints
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION (Market Size in Value)

  • 5.1 Type
    • 5.1.1 Natural Melatonin
    • 5.1.2 Synthetic Melatonin
  • 5.2 Application
    • 5.2.1 Medical
    • 5.2.2 Dietary Supplement
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Rest of Asia-Pacific
    • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 France
    • 5.3.3.4 Italy
    • 5.3.3.5 Rest of Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share(%)**/Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 Aurobindo Pharma
    • 6.4.2 Pfizer Inc
    • 6.4.3 Aspen Holdings
    • 6.4.4 Nature's Bounty
    • 6.4.5 NCFI Polyurethanes
    • 6.4.6 Pharmavite
    • 6.4.7 Jameison
    • 6.4.8 Rexall Sundown, Inc.
    • 6.4.9 Church & Dwight Co., Inc.
    • 6.4.10 Biotics Research Corporation
    • 6.4.11 Solgar Inc.
    • 6.4.12 B JOSHI AGROCHEM PHARMA
    • 6.4.13 Natrol, LLC.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Melatonin Industry Segmentation

Melatonin is a natural adrenaline produced by the pineal gland to regulate the body's circadian cycle. Most sleep-related diseases like insomnia, interrupted sleep phase syndrome, jet lag, and others are treated with melatonin supplementation. The melatonin market is segmented by type, application, and geography. By type, the market is segmented into natural melanin and synthetic melanin. By application, the market is segmented into medical, and dietary supplements. The report also covers the market size and forecasts for extruded polystyrene in 15 countries across major regions. For each segment, market sizing and forecasts have been done based on revenue (USD million).

Type Natural Melatonin
Synthetic Melatonin
Application Medical
Dietary Supplement
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
Geography North America United States
Canada
Mexico
Geography Europe Germany
United Kingdom
France
Italy
Rest of Europe
Geography South America Brazil
Argentina
Rest of South America
Geography Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Melatonin Market Research FAQs

What is the current Melatonin Market size?

The Melatonin Market is projected to register a CAGR of greater than 10% during the forecast period (2024-2029)

Who are the key players in Melatonin Market?

Nature’s Bounty , Biotics Research Corporation, Pfizer Inc, Aspen Holdings and Natrol, LLC. are the major companies operating in the Melatonin Market.

Which is the fastest growing region in Melatonin Market?

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029).

Which region has the biggest share in Melatonin Market?

In 2024, the North America accounts for the largest market share in Melatonin Market.

What years does this Melatonin Market cover?

The report covers the Melatonin Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Melatonin Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Melatonin Industry Report

Statistics for the 2024 Melatonin market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Melatonin analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.