Melatonin Market for Dietary Supplements, Medicine and Food & Beverages
Melatonin is taken in pill form as a sleep aid. Taking melatonin in any form, be it liquid, capsule, or tablet, is a common method to increase the body's natural internal supply of melatonin. The benefit of melatonin over other forms of sleep aid is the ability to relieve jet lag and return to a regular sleep pattern after travel. They are usually safe and not addictive, but they could affect some prescription drugs, and could even cause unpleasant side effects like dizziness, headache, and nausea. Melatonin is usually manufactured by extracting it from pine tree leaves, which have a natural sedative effect. Melatonin supplements may be prescribed by the doctor in order to treat insomnia or jetlag. The global Melatonin market size is projected to reach USD 4069.2 million by 2027, from USD 1211.3 million in 2020, at a CAGR of 18.9% during 2021-2027. Read more @ https://www.coherentmarketinsights.com/market-insight/melatonin-market-4100
Melatonin is taken in pill form as a sleep aid. Taking melatonin in any form, be it liquid, capsule, or tablet, is a common method to increase the body's natural internal supply of melatonin. The benefit of melatonin over other forms of sleep aid is the ability to relieve jet lag and return to a regular sleep pattern after travel. They are usually safe and not addictive, but they could affect some prescription drugs, and could even cause unpleasant side effects like dizziness, headache, and nausea. Melatonin is usually manufactured by extracting it from pine tree leaves, which have a natural sedative effect. Melatonin supplements may be prescribed by the doctor in order to treat insomnia or jetlag.
The global Melatonin market size is projected to reach USD 4069.2 million by 2027, from USD 1211.3 million in 2020, at a CAGR of 18.9% during 2021-2027.
Read more @ https://www.coherentmarketinsights.com/market-insight/melatonin-market-4100
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MELATONIN<br />
MARKET<br />
<strong>Market</strong> Size (2019)<br />
US$ 436.8MN<br />
CAGR (2020 – 2027)<br />
7.2%<br />
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Segmentation (Scope)<br />
<strong>Dietary</strong> <strong>Supplements</strong><br />
<strong>Food</strong> & Beverage<br />
By Application<br />
<strong>Medicine</strong><br />
Others<br />
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Major Drivers<br />
Growth in the food &<br />
beverage industry is<br />
expected to augment the<br />
market growth of the<br />
melatonin market<br />
Rising dem<strong>and</strong> <strong>for</strong><br />
melatonin from the<br />
pharmaceutical industry<br />
is expected to bolster<br />
the market growth<br />
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North America<br />
Major Driver<br />
High dem<strong>and</strong> <strong>for</strong> a<br />
dietary supplement<br />
in the U.S. is expected<br />
to propel the market<br />
growth of the<br />
melatonin<br />
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Major Players<br />
Natrol, Inc.<br />
Aspen Pharmacare Holdings Ltd.<br />
Neurim Pharmaceuticals Ltd.<br />
Schiff Nutrition International Inc.<br />
Pulse Pharmaceuticals Pvt. Ltd.<br />
Solal Technologies (Pty) Ltd.<br />
Flynn Pharma Ltd.<br />
Rexall Sundown, Inc.<br />
Fidia Farmaceutici S.P.A.<br />
Bebida Beverage Co.<br />
© Coherent <strong>Market</strong> Insights. All Rights Reserved<br />
© Coherent <strong>Market</strong> Insights. All Rights Reserved
Global <strong>Melatonin</strong> <strong>Market</strong> Share<br />
(%) in terms of Value, By Application, in 2019<br />
Others ?<br />
?<br />
<strong>Food</strong> & Beverage<br />
49.8%<br />
<strong>Dietary</strong> <strong>Supplements</strong><br />
?<br />
<strong>Medicine</strong><br />
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Global <strong>Melatonin</strong> <strong>Market</strong><br />
– Opportunity Analysis<br />
A growing number of<br />
pharmacies,<br />
multispecialty<br />
stores, clinical<br />
centers, <strong>and</strong><br />
diagnostics center<br />
globally<br />
Opportunity<br />
Analysis<br />
Increasing use of<br />
melatonin in the<br />
production of biobased<br />
spray<br />
polyurethane foam<br />
(SPF) <strong>for</strong> construction<br />
industry<br />
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