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What key factors are powering the surge in the melatonin supplements market right now?

The value of the melatonin supplements market has rapidly expanded in the last few years. It is predicted to rise from $2.37 billion in 2024 to $2.72 billion in 2025, at a compound annual growth rate (CAGR) of 15.0%. The previous growth can be credited to a surge in sleep disorder cases, improvements in production methods, a transition to natural treatments, the broadening of distribution routes, past trends in globalization, and penetration into newer geographical markets.

How fast Is the melatonin supplements market expected to grow, and what’s its future value?

The market size for melatonin supplements is set to witness swift expansion in the upcoming years, reaching a value of $4.7 billion in 2029 with a compound annual growth rate (CAGR) of 14.6%. Contributing factors to the anticipated growth during the forecast period include the expansion of e-commerce platforms, increasing liking for natural and herbal solutions among consumers, expected regulatory backing and supportive policies, enlarged product availability and elevated stress levels. Key trends during the prediction period encompass product range extension, innovative delivery techniques, incorporation into wellness regimes, technological advances, and emphasis on effectiveness and safety.

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What are the leading drivers of growth in the melatonin supplements market?

The melatonin supplements market is projected to grow due to the increasing incidence of sleep disorders. Sleep-wake disorders, which include issues with sleep quality, timing, and duration, can result in distress and impairment in daytime activity. This growing incidence of sleep disorders can be attributed to changes in lifestyle, increased time spent staring at screens, poor sleep hygiene, and an aging population. Melatonin supplements can help regulate the body’s internal clock by augmenting the body’s natural melatonin levels, supporting a more consistent sleep schedule, particularly for those with circadian rhythm disturbances or jet lag. For example, the Centraal Bureau voor de Statistiek (CBS), a central agency based in the Netherlands, reported in September 2023 that around 22.3% of people aged between 12 and 24 faced sleep issues in 2022, up from 19.4% in 2021 within the same age group. Therefore, the accelerating rate of sleep disorders is contributing to the expansion of the melatonin supplements market.

What are the key segments defining 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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Who are the key players steering the development of 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 emerging trends are influencing the growth of the melatonin supplements market?

Leading businesses in the melatonin supplements market are turning their attention to the creation of novel products such as sleep-enhancing supplements in order to improve sleep experiences. These sleep supplements are dietary products developed to improve the quality of sleep and encourage relaxation, as well as address sleep-related issues like insomnia or issues staying asleep. In May 2024, a prime example of this came from Natrol LLC, a dietary supplement manufacturer based in the US, when they introduced time release melatonin gummies to the market. These are specifically designed to improve sleep by offering melatonin in a two-step process. The first immediate dose of melatonin helps users to drift off to sleep quickly, followed by a slower, controlled release that supports sleep maintenance throughout the night. This extended release formula helps to ensure a restful, uninterrupted sleep by lessening awakenings during the night. The gummies come in various potencies and are usually comprised of clean ingredients, the lack of artificial flavors, sweeteners and dyes lending them a natural image and further strengthening their effectiveness as a sleep aid.

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Which regions are most influential in expanding 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.

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