Melatonin Market Size to grow by USD 924.9 million between 2024-2028

Technavio, a leading provider of market research reports, has released its latest study on Melatonin Market. This report offers a comprehensive analysis of the current market trends, emerging opportunities, and key challenges. The aging population, particularly in countries such as Japan, South Korea, China, Germany, and the United States, presents a significant business opportunity for the melatonin market. With advancements in healthcare and increased life expectancy, the geriatric population is expanding, leading to a higher prevalence of sleep disorders and related conditions. Over half of adults aged 65 and above experience chronic sleep issues, including difficulty staying asleep, insufficient nightly sleep, and trouble falling asleep. These conditions can significantly impact the quality of life for older adults, creating a pressing need for effective sleep solutions. Melatonin, a natural hormone that regulates sleep-wake cycles, offers a promising solution for addressing the sleep challenges faced by the growing geriatric population.

Key Highlights

Growth Projections

The global melatonin market  size is estimated to grow by USD 924.9 mn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  10.03% during the forecast period. Increase in human life expectancy and number of working hours is driving market growth, with a trend towards rise in geriatric population  However, government rules and regulations  poses a challenge.Key market players include Aspen Pharmacare Holdings Ltd., Biotics Research Corp., BYHEALTH Co. Ltd., Church and Dwight Co. Inc., Harbin Pharmaceutical Group Co. Ltd., Jamieson Wellness Inc., Joshi Agrochem Pharma Pvt. Ltd., Natrol LLC, Nestle SA, NOW Health Group Inc., Otsuka Holdings Co. Ltd., and Pfizer Inc..

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Major Findings

• The melatonin market is experiencing significant growth due to the increasing trend of extended working hours and rising human life expectancy. As people live longer and work more, they seek natural solutions to improve their sleep quality. Melatonin, a hormone that regulates sleep-wake cycles, has gained popularity as a safe and effective supplement for insomnia and jet lag. Its ability to promote restorative sleep makes it an essential health supplement for professionals and older adults alike. With the growing awareness of its benefits, the global melatonin market is projected to reach new heights in the coming years.


• The melatonin market is experiencing significant growth due to the increasing demand for dietary supplements that promote better sleep and regulate circadian rhythms. Melatonin, a naturally occurring hormone, is widely used as a sleep aid to help individuals overcome insomnia and improve overall sleep quality. Its ability to cross the blood-brain barrier makes it an effective supplement for treating sleep disorders. Additionally, its antioxidant properties contribute to its popularity as a health supplement. As people become more health-conscious and prioritize wellness, the demand for melatonin supplements is expected to continue rising.


• In adherence with regulatory bodies, the production, distribution, and consumption of melatonin supplements are subject to stringent government rules and regulations. These guidelines ensure the safety, efficacy, and quality of melatonin products. Compliance with Good Manufacturing Practices (GMP) and Good Laboratory Practices (GLP) is mandatory. Additionally, melatonin is classified as a dietary supplement in the United States, and the Food and Drug Administration (FDA) regulates its labeling and marketing. Similar regulatory frameworks exist in other regions, such as the European Union and Japan, where melatonin is classified as a food additive or a medicinal product.


• The melatonin market has experienced fluctuations due to the volatility in prices of essential raw materials. The primary sources of melatonin include Griffonia simplicifolia seeds and animal sources such as bovine pineal glands. Prices of these raw materials have been subject to significant variations, leading to unpredictability in the market and potential challenges for manufacturers and suppliers. These price fluctuations can be attributed to various factors, including supply and demand dynamics, weather conditions, and regulatory changes. Despite these challenges, the melatonin market continues to grow due to its increasing popularity as a natural sleep aid and stress reliever.

Market Research Overview

The global packaged foods and meats market encompasses vendors engaged in food processing to ensure microbial elimination and shelf life extension. According to Technavio, the market's size is determined by the consolidated revenue of the participating vendors. This market segment excludes food processing equipment manufacturers and producers of packaged alcoholic and non-alcoholic beverages, including mineral waters. Market expansion will be fueled by the health benefits linked to minimally processed foods, such as vegetables, which are rich in essential nutrients like potassium, dietary fiber, folate (folic acid), vitamin A, and vitamin C.

The Melatonin Market is experiencing significant growth, fueled by the Increase in human life expectancy and number of working hours. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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Regional Insights

The melatonin market represents a significant business opportunity due to the growing prevalence of sleep disorders and the increasing awareness of melatonin's role as a natural sleep aid. With a projected CAGR of XX% between 2021 and 2028, this market is poised for substantial growth. Key players are focusing on product innovation, strategic collaborations, and expanding their geographical reach to capitalize on this trend. Regulatory approvals and clinical trials are also underway to widen melatonin's applications beyond sleep disorders.

Research Analysis Overview

Title: Melatonin Market: A Natural Supplement for Chronic Insomnia and Sleep Disorders Melatonin, a biogenic amine produced by the pineal gland, plays a crucial role in regulating sleep-wake cycles and maintaining circadian rhythms. Chronic insomnia and various sleep disorders, including jet lag, are common conditions that affect millions worldwide. Melatonin supplements have gained popularity as a natural alternative to pharmaceutical sleep aids due to their therapeutic effects on sleep patterns and sleep quality. Melatonin's antioxidant properties make it an effective treatment for oxidative stress-related conditions like migraines, depression, anxiety, and neurodegenerative diseases. Additionally, melatonin has shown promise in managing cardiovascular diseases, type 2 diabetes, and age-related diseases. Melatonin gummies are a popular form of supplementation, providing an easy and convenient way to improve sleep quality and overall health. Melatonin's role in the medical field extends beyond insomnia treatment. It is used to manage sleep disorders, circadian rhythm disorders, and even as a jet lag remedy. Melatonin's therapeutic effects on various conditions make it a valuable addition to the healthcare industry, offering a natural solution to improve sleep patterns and overall wellbeing.

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