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Explore the latest trends and insights into the melatonin market and how melatonin companies are playing a key role in its evolution

VANCOUVER, BC, CANADA, April 13, 2023 /EINPresswire.com/ -- The global melatonin market size is expected to reach USD 6.60 Billion in 2032 and is expected to register steady revenue CAGR of 14.6% during the forecast period, according to the latest analysis by Emergen Research. Rapid advances in plant-based melatonin research, rising demand for chemical-free foods, and increasing sleep disorders and problems among the population are some of the key factors driving revenue growth of the market.

Melatonin is a normal nutritional supplement that has become incredibly popular across the globe. It is well-known for assisting with natural sleep, and it also has a positive impact on other areas of health. The majority of melatonin supplements are made in factories. Evidence of melatonin's antioxidant and anti-inflammatory properties has prompted research into its therapeutic potential in a variety of illnesses, which is expected to drive revenue growth of the market during the forecast period. Various over-the-counter preparations emphasizes on need for more research on how commonly people use exogenous melatonin.

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Who are some of the key players operating in the Melatonin market and how high is the competition 2023?

Company Information: List by Country Top Manufacturers/ Key Players In Melatonin Market Report Are:

Clinigen Group plc

Neurim Pharmaceuticals Ltd.

Actylis, Solgar Inc.

Natrol, LLC.

Aspen Australia,

BASF SE,

Nature’s Bounty.

Church & Dwight Co. Inc.

Pharmavite.

The growth of the Melatonin Market in the coming years is expected to be driven by several factors, including the rise in research and development of therapeutic vaccines. Additionally, the market is expected to experience significant demand due to increased disease diagnostic modalities and ongoing research on combination therapies. The current valuation of the global Melatonin market is USD 1.69 Billion as of 2022, and it is projected to grow at a CAGR of 14.6% during the forecast period, reaching a value of USD 6.60 Billion by 2032.

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Key Highlights of Report

The synthetic segment accounted for largest revenue share in the global market in 2022. Synthetically-sourced melatonin is safer to use because it has no biological impurities. It is produced through a chemical route that starts with 5-Methoxytryptamine and yields a variety of significant molecules, including serotonin, as intermediates. Simple and compound synthetic melatonin formulations are available in a variety of dosages and delivery methods, including tablets, capsules, sublingual drops, liquids, gels, creams, and suppositories. Composite formulations include synthetic melatonin along with additional ingredients such as tryptophan, vitamins (C, B6), minerals, and in the case of creams, collagen, and hyaluronic acid. Even though some melatonin from plants can be found, almost all supplements available today are made from synthetic melatonin.

The medical industry segment is expected to register steadily fast revenue growth rate over the forecast period. Melatonin supplements may be beneficial for a number of ailments, including anxiety before and after surgery, prolonged sleep-wake phase disorder, various sleep disorders in children, and jet lag. Melatonin has been shown in numerous studies to have cardioprotective qualities, such as antioxidant and anti-inflammatory actions. Melatonin may also help decrease blood pressure and enhance cholesterol profiles, according to research. Supplemental melatonin may help with menopause-related sleep issues. According to other research, it might improve the quality of life and stop bone loss in perimenopausal women. Melatonin is used therapeutically as well as preventatively to treat sleep disorders, jet lag, resynchronize circadian rhythms in conditions such as blindness and shift work, inhibit the growth of cancer, treat cancer as an antioxidant therapy, and slow the progression of Alzheimer's disease and other neurodegenerative disorders. These factors are driving revenue growth of this segment.

The content covers a range of topics, including market segmentation and growth prospects, competitive analysis, historical data, and revenue forecasts. It also examines regional opportunities, the latest trends and dynamics, and the perspectives of different stakeholders such as investors, CEOs, traders, suppliers, and members of the research and media community. In addition, it provides insights from global managers, directors, and presidents, and includes a SWOT analysis that identifies the strengths, weaknesses, opportunities, and threats facing organizations. Overall, the content offers a comprehensive overview of revenue forecasts, company shares, the competitive landscape, growth drivers, and trends.

For the purpose of this report, Emergen Research has segmented the global melatonin market on the basis of type, application, and region:

Type Outlook (Revenue, USD Billion; 2019–2032)

Synthetic

Natural

Application Outlook (Revenue, USD Billion; 2019–2032)

Nutraceutical Industry

Food & Beverage Industry

Medical Industry

Construction Industry

Others

The report provides a detailed analysis of the market on a regional basis, including a country-specific breakdown. The regional analysis covers important aspects such as production volume, consumption patterns, revenue, and growth rate for the forecast period between 2023 to 2032. Based on the regional analysis, the market is mainly concentrated in several key geographical regions, which are outlined as follows:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Overview of the Melatonin Market Report:

Introduction, Product Scope, Market Overview, and Opportunities

Analysis of the Manufacturers with sales, revenue, and price analysis

Comprehensive analysis of the competitive landscape

Extensive profiling of the key competitors along with their business strategies and market size

Regional analysis of the market along with sales, revenue, market share, and global position

Country-wise analysis of the market along with types, applications, and manufacturing

Strategic recommendations to established players as well as new entrants

In-depth analysis of the risks, restraints, and limitations in the Melatonin industry

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors

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