According to the latest report by IMARC Group, titled Melatonin Supplements Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026, the globalmelatonin supplements marketexhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 11% during 2021-2026.
We are regularly tracking the direct effect ofCOVID-19on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Melatonin supplements are available in the form of pills, liquids, and chewable gummies. Their consumption assists in treating sleep-related disorders, such as insomnia, jet lag, rapid eye movement, and delayed sleep phase syndrome. Apart from this, as their high doses, along with chemotherapy and other cancer treatments, aids in reducing tumor size, their demand is escalating around the world.
At present, there is a considerable increase in the prevalence of lifestyle diseases, such as hypertension, obesity, and palpitation. This, in confluence with hectic work schedules and rising stress levels, represents one of the key factors positively influencing the market. Besides this, the increasing prescribing rate of sleeping pills during post-traumatic stress, cancer treatment, and psychotherapy is also strengthening the market growth. Furthermore, leading players are introducing melatonin supplements of innovative flavors and quick-dissolving variants. They are also significantly investing in research and development (R&D) activities, which is anticipated to propel the growth of the market.
Melatonin Supplements Market2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the global melatonin supplements market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Key Market Segmentation:
The report has segmented the global melatonin supplements market on the basis of type, form, treatment, application, distribution channel and region.
Breakup byType:
Breakup byForm:
Breakup byTreatment:
Breakup byApplication:
Breakup byDistribution Channel:
Breakup byRegion:
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Key highlights of the report:
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