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Global Melatonin Supplements Market 2017-2021

  • Published: Aug 2017
  • Pages: 81
  • SKU: IRTNTR14152
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This industry research report identifies Natrol, NOW Foods, OPTIMUM NUTRITION, and Reckitt Benckiser as the key vendors in the global melatonin supplements market. This industry research report also presents a competitive analysis of the market by application (preventive and medicinal), by distribution channel (retail stores and online), and by geography (the Americas, APAC, and EMEA).

Overview of the global melatonin supplements market

Technavio's market research analysis identifies the growing number of healthcare providers for lifestyle and chronic diseases as one of the primary growth factors for the melatonin supplements market. The growing prevalence of lifestyle and chronic diseases such as diabetes and obesity is influencing the demand for number of clinics, diagnostics centers, multispecialty and super specialty hospitals, and patient care centers. These diseases restrict the diet of the patients and result in insomnia and in turn increases the demand for healthcare providers and melatonin supplements. As a result, the market analysts estimate that the market will grow steadily at a CAGR of more than 12% by 2021.

The consumers are increasingly preferring ready-to-use nutrients such as vitamins, calcium, energy boosters, and other nutrients due to lack of nutrients in the diets consumed. Rising occurrence of malnutrition is contributing to the increased consumption of nutrient supplements in different formulations such as liquid, tablets, and capsules. Melatonin tablets are used in varying dosages with gradual increase in dosage to restore the circadian rhythm of people affected by sleep-related disorders. The availability of ready-to-use nutrient supplements is identified as one of the key trends contributing to the growth of the melatonin supplements market.

Competitive landscape and key vendors

The presence of several vendors in the melatonin supplements results in intense competition due to the wide geographical presence and wide product portfolio of products. The presence of several international, regional, and small vendors results in a fragmented market with the melatonin manufacturers competing based on product quality, pricing, market reach, and financial resources. The regional vendors struggle to compete with the international players with expanding geographical presence. Technological advances and product extensions and expansions will further increase the competition level in the melatonin for sleep supplement market.

The leading vendors in the market are -

  • Natrol
  • NOW Foods
  • OPTIMUM NUTRITION
  • Reckitt Benckiser

The other prominent vendors in the market are Advanta Supplements, Amazing Nutrition, Just Potent, Life Extension, Pharmavite, NBTY, and PacificCoast NutriLabs.

Segmentation by application and analysis of the melatonin supplements market

  • Preventive
  • Medicinal

The increased prevalence of sleep-related disorders such as seasonal affective disorder (SAD), jet lag, and lifestyle diseases caused by factors such as imbalanced lifestyles, lack of work-life balance, increased stress and anxiety, and adverse environmental conditions will increase the demand for medicinal application segment. Melatonin sleep aid pills are primarily used to reset, maintain, and regulate the sleep cycle of people.

Geographical segmentation and analysis of the melatonin supplements market

  • Americas
  • APAC
  • EMEA

The developed healthcare infrastructure and the high disposable income of the consumers in Americas will contribute to the demand for melatonin supplements. Additionally, growing prevalence of circadian cycle-related disorders, sleep-related disorders and the rising number of vendors will contribute to the growth of the melatonin for sleep supplement market.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global melatonin supplements market?
  • What are the key market trends impacting the growth of the global melatonin supplements market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global melatonin supplements market?
  • What are the market opportunities and threats faced by the vendors in the global melatonin supplements market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global melatonin supplements market?

Technavio also offers customization on reports based on specific client requirement.

Melatonin is a hormone that primarily controls sleep and wake cycles. Small amounts of it have been found in foods suGlobal Melatonin Supplements Market Sizech as meats, grains, and vegetables. This upcoming research report on the global melatonin supplements market offers insights into the major trends and forthcoming drivers influencing the growth of the industry. Our reports also follow a scrupulous data collection methodology and offer an analysis of fast growing market segments like health and wellness.  

By considering the market forecast and size and the surging demand for various segments of the health and wellness sector, the market research professionals at Technavio present an all-inclusive picture of the melatonin supplements market from 2017 to 2021. Furthermore, our research practices support clients develop impactful growth strategies and keep pace with the continually changing market dynamics. This market research report also presents an extensive analysis of various products and services based on the insights from the information gathered from specific resources such as channel partners and market stakeholders.

Global Melatonin Supplements Market Market segmentation by region

This upcoming market research report on the melatonin supplements market also covers vendors like Nature Made, Source Natural, etc. According to our industry experts, the exponential rise in online sales is expected to influence the global market significantly during the next few years.The upcoming industry research report on the melatonin supplements market also categorizes the key drivers, prominent trends, as well as the imminent restraints that the health and wellness sector currently experiences. This upcoming report on the melatonin supplements market presents insights into the rapidly changing competitive landscape to give clients a complete picture of the forthcoming events within the industry.

Our market research methodology for the global melatonin supplements market

Global Melatonin Supplements Market Segmentation

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

  • Overview

PART 05: Market landscape

  • Overview
  • Market size and forecast
  • Five forces analysis

PART 06: Segmentation by geography

  • Overview
  • Americas
  • EMEA
  • APAC

PART 07: Segmentation by distribution channel

  • Overview
  • Online stores
  • Retail outlets

PART 08: Segmentation by application

  • Overview
  • Medicinal
  • Preventive

PART 09: Decision framework

PART 10: Drivers and challenges

  • Market drivers
  • Market challenges

PART 11: Market trends

  • Availability of ready-to-use nutrient supplements
  • Growing adoption of online sales by vendors
  • Growing awareness about hormone therapy
  • Increasing number of nutritionists and healthcare consultants

PART 12: Vendor landscape

  • Competitive landscape

PART 13: Key vendor analysis

  • Natrol
  • NOW Foods
  • OPTIMUM NUTRITION
  • Reckitt Benckiser
  • Other prominent vendors

PART 14: Appendix

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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