NEW YORK, June 29, 2022 /PRNewswire/ -- The "Melatonin Market by Product and Geography - Forecast and Analysis 2022-2026" report by Technavio expects the market to observe an incremental growth of USD 1.49 billion between 2021 and 2026, expanding at a CAGR of 14.67% during the forecast period. The report identifies the market to observe maximum growth in North America. The increasing prevalence of sleeping disorders among people is generating high demand for melatonin in the region.
Technavio has announced its latest market research report titled Melatonin Market by Product and Geography - Forecast and Analysis 2022-2026
Read Our Report Sample for highlights on the market size, growth momentum, regional growth opportunities, and much more.
Market Dynamics
The market is driven by the increase in human life expectancy and the number of working hours. Advances in medicine are helping people to live longer. This is resulting in the availability of a larger workforce. The growing work pressure and busy work schedules are forcing people to adopt unhealthy eating habits and give less time to exercise and take part in fitness activities. All these factors have led to a rise in stress and anxiety levels among people. All these factors are increasing the demand for melatonin to relieve stress, thereby driving the growth of the market.
In addition, the rise in the geriatric population is anticipated to boost the growth of the melatonin market. However, stringent rules and regulations on the use of melatonin will hamper the growth of the market.
Major Vendors in the Melatonin Market:
The global melatonin market is concentrated in nature due to the presence of few vendors. The vendors in the market are focusing on the development of cost-effective products to gain a competitive edge. During the forecast period, the competition in the market is expected to intensify owing to innovations and product launches.
Technavio identifies the following as dominant players in the market.
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.
Pfizer Inc.
Gain more insights into the vendor landscape and other factors influencing the growth of the market.
View Report Sample Now
Segmentation Analysis
Melatonin Market Product Outlook (Revenue, USD Billion, 2021-2026)
Pharmaceutical grade melatonin - size and forecast 2021-2026
Food grade melatonin - size and forecast 2021-2026
The demand for pharmaceutical-grade melatonin will be significant during the forecast period. The increasing use of melatonin in treating sleep disorders due to its sedating and calming effect is driving the growth of the segment. Also, the wide availability of melatonin in the form of capsules, tablets, liquid, balms, roll-ons, vaping products, gummies, and others is contributing to the growth of the segment.
Melatonin Market Geography Outlook (Revenue, USD Billion, 2021-2026)
North America - size and forecast 2021-2026
Europe - size and forecast 2021-2026
APAC - size and forecast 2021-2026
South America - size and forecast 2021-2026
The Middle East and Africa - size and forecast 2021-2026
The North American region will dominate the market growth through the forecast period. The region has a large pool of health-conscious people and patients that suffer from sleep disorders. In addition, factors such as rising standards of living of people, an increase in disposable incomes, the growing awareness about sophisticated self-care systems, and the increase in the number of healthcare facilities are driving the growth of the regional market.
Technavio's sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.
Read the Sample Report Now
Related Reports:
Central Nervous System (CNS) Stimulant Drugs Market by Application and Geography - Forecast and Analysis 2022-2026
Traumatic Brain Injury Assessment and Management Devices Market by End-user and Geography - Forecast and Analysis 2022-2026
Table of Contents:
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
4.1 Five forces summary
Exhibit 17: Five forces analysis - Comparison between2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Product
5.1 Market segments
Exhibit 24: Chart on Product - Market share 2021-2026 (%)
Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
5.2 Comparison by Product
Exhibit 26: Chart on Comparison by Product
Exhibit 27: Data Table on Comparison by Product
5.3 Pharmaceutical grade melatonin - Market size and forecast 2021-2026
Exhibit 28: Chart on Pharmaceutical grade melatonin - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Pharmaceutical grade melatonin - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Pharmaceutical grade melatonin - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Pharmaceutical grade melatonin - Year-over-year growth 2021-2026 (%)
5.4 Food grade melatonin - Market size and forecast 2021-2026
Exhibit 32: Chart on Food grade melatonin - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Food grade melatonin - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Food grade melatonin - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Food grade melatonin - Year-over-year growth 2021-2026 (%)
5.5 Market opportunity by Product
Exhibit 36: Market opportunity by Product ($ million)
6 Customer Landscape
6.1 Customer landscape overview
Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
7.1 Geographic segmentation
Exhibit 38: Chart on Market share by geography 2021-2026 (%)
Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
7.2 Geographic comparison
Exhibit 40: Chart on Geographic comparison
Exhibit 41: Data Table on Geographic comparison
7.3 North America - Market size and forecast 2021-2026
Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
7.4 Europe - Market size and forecast 2021-2026
Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
7.5 APAC - Market size and forecast 2021-2026
Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
7.6 South America - Market size and forecast 2021-2026
Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
7.7 Middle East and Africa - Market size and forecast 2021-2026
Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
7.8 US - Market size and forecast 2021-2026
Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
7.9 Germany - Market size and forecast 2021-2026
Exhibit 66: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)
7.10 Canada - Market size and forecast 2021-2026
Exhibit 70: Chart on Canada - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on Canada - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on Canada - Year-over-year growth 2021-2026 (%)
7.11 China - Market size and forecast 2021-2026
Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
7.12 Japan - Market size and forecast 2021-2026
Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
7.13 Market opportunity by geography
Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
Exhibit 83: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends
9 Vendor Landscape
9.1 Overview
9.2 Vendor landscape
Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 85: Overview on factors of disruption
9.4 Industry risks
Exhibit 86: Impact of key risks on business
10 Vendor Analysis
10.1 Vendors covered
Exhibit 87: Vendors covered
10.2 Market positioning of vendors
Exhibit 88: Matrix on vendor position and classification
10.3 Biotics Research Corp.
Exhibit 89: Biotics Research Corp. - Overview
Exhibit 90: Biotics Research Corp. - Product / Service
Exhibit 91: Biotics Research Corp. - Key offerings
10.4 BYHEALTH Co. Ltd.
Exhibit 92: BYHEALTH Co. Ltd. - Overview
Exhibit 93: BYHEALTH Co. Ltd. - Product / Servic
eExhibit 94: BYHEALTH Co. Ltd. - Key offerings
10.5 Church and Dwight Co. Inc.
Exhibit 95: Church and Dwight Co. Inc. - Overview
Exhibit 96: Church and Dwight Co. Inc. - Business segments
Exhibit 97: Church and Dwight Co. Inc. - Key news
Exhibit 98: Church and Dwight Co. Inc. - Key offerings
Exhibit 99: Church and Dwight Co. Inc. - Segment focus
10.6 Harbin Pharmaceutical Group Co. Ltd.
Exhibit 100: Harbin Pharmaceutical Group Co. Ltd. - Overview
Exhibit 101: Harbin Pharmaceutical Group Co. Ltd. - Product / Service
Exhibit 102: Harbin Pharmaceutical Group Co. Ltd. - Key offerings
10.7 Jamieson Wellness Inc.
Exhibit 103: Jamieson Wellness Inc. - Overview
Exhibit 104: Jamieson Wellness Inc. - Business segments
Exhibit 105: Jamieson Wellness Inc. - Key news
Exhibit 106: Jamieson Wellness Inc. - Key offerings
Exhibit 107: Jamieson Wellness Inc. - Segment focus
10.8 Natrol LLC
Exhibit 108: Natrol LLC - Overview
Exhibit 109: Natrol LLC - Product / Service
Exhibit 110: Natrol LLC - Key offerings
10.9 Nestle SA
Exhibit 111: Nestle SA - Overview
Exhibit 112: Nestle SA - Business segments
Exhibit 113: Nestle SA - Key news
Exhibit 114: Nestle SA - Key offerings
Exhibit 115: Nestle SA - Segment focus
10.10 NOW Health Group Inc.
Exhibit 116: NOW Health Group Inc. - Overview
Exhibit 117: NOW Health Group Inc. - Product / Service
Exhibit 118: NOW Health Group Inc. - Key offerings
10.11 Otsuka Holdings Co. Ltd.
Exhibit 119: Otsuka Holdings Co. Ltd. - Overview
Exhibit 120: Otsuka Holdings Co. Ltd. - Business segments
Exhibit 121: Otsuka Holdings Co. Ltd. - Key offerings
Exhibit 122: Otsuka Holdings Co. Ltd. - Segment focus
10.12 Pfizer Inc.
Exhibit 123: Pfizer Inc. - Overview
Exhibit 124: Pfizer Inc. - Product / Service
Exhibit 125: Pfizer Inc. - Key news
Exhibit 126: Pfizer Inc. - Key offerings
11 Appendix
11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 127: Inclusions checklist
Exhibit 128: Exclusions checklist
11.3 Currency conversion rates for US$
Exhibit 129: Currency conversion rates for US$
11.4 Research methodology
Exhibit 130: Research methodology
Exhibit 131: Validation techniques employed for market sizing
Exhibit 132: Information sources
11.5 List of abbreviations
Exhibit 133: List of abbreviations
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios