Global Melatonin Market 2022-2026
The analyst has been monitoring the melatonin market and it is poised to grow by $ 1.49 bn during 2022-2026, accelerating at a CAGR of 14.67% during the forecast period. Our report on the melatonin market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increase in human life expectancy and the number of working hours, high demand for dietary supplements, and increasing health awareness among consumers.
The melatonin market analysis includes product segment and geographic landscape.
The melatonin market is segmented as below:
By Product
• Pharmaceutical grade melatonin
• Food grade melatonin
By Geographical Landscape
• North America
• Europe
• APAC
• South America
• The Middle East and Africa
This study identifies the rise in the geriatric population as one of the prime reasons driving the melatonin market growth during the next few years. Also, the growing number of nutritional supplements in the market and increasing disposable income will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the melatonin market covers the following areas:
• Melatonin market sizing
• Melatonin market forecast
• Melatonin market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading melatonin market vendors that include Aspen Pharmacare Holdings Ltd., B Joshi Agrochem Pharma, Biotics Research Corp., BYHEALTH Co. Ltd., Church and Dwight Co. Inc., Harbin Pharmaceutical Group Co. Ltd., Jamieson Wellness Inc., Natrol LLC, Nestle SA, NOW Health Group Inc., Otsuka Holdings Co. Ltd., and Pfizer Inc. Also, the melatonin market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.