Melatonin Market, By Product Type (Pharmaceutical Grade, Food Grade), By Application (Medicine Synth

Published Date: | Report Code : CH1943269

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The Melatonin Market is expected to promise high growth owing to increasing demand for use in healthcare products in recent years. Increasing demand from applications including medicine synthesis, dietary supplements, immunity enhancer is expected to drive the growth of the market.

Segment Insights

Melatonin is a hormone, which is naturally secreted by the human body. Melatonin has vast uses in medicine. The melatonin used for making medicine is artificially synthesized in laboratories. People often induce melatonin orally to correct sleep cycles and the body’s biological clock. Blind people use melatonin to maintain their day-night cycles. For seizure during heart attacks, melatonin is injected through veins to soothe the erratic heartbeat. Melatonin is also used to resist or prevent cancer. 

Key Factors Impacting Market Growth:

  • Demand for use in healthcare products
  • High demand due to rising insomnia cases in urban population

Regional Analysis

On the basis of the region, the melatonin market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe are some of the major markets that are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe.  This region has been witnessing a number of transitions in terms of productions of chemicals and respective applications by end-use industries. The preference towards bio-based feedstock has been instrumental in the development of the green alternatives in these regions. Moreover, regulatory authorities have imposed strict guidelines with regard to environmental concerns and potential health hazards due to exposures. This has been more instrumental in the Western Europe region competitively. Some of the major economies in these regions include the US, Germany, UK, France, Canada, Italy, Spain, and so on.

The Asia Pacific and the Middle East are expected to register substantial growth in the melatonin market during the forecast period. This demand is with regard to the growth of major applications such as medicine synthesis, dietary supplements, immunity enhance. Major countries in the Asia Pacific region include China, South Korea, Japan, India, Australia, and so on. Middle East includes the UAE, Saudi Arabia, Iran, Israel, Egypt, and so on. Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region.  Rest the World that includes South America and Africa has a strong potential for the melatonin market. There has been an increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market. Major economies in these regions for the melatonin market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

Companies Covered: Natrol, Pharmavite, Nature’s Bounty, Jameison, Rexall Sundown, GNC, Xiu Zheng, Church and Dwight, By-Health, Pfizer, Solgar, Biotics Research, and Now Food

Market Segmentation:

By Product Type:

  • Pharmaceutical Grade
  • Food Grade

By Application:

  • Medicine Synthesis
  • Dietary Supplement
  • Immunity Enhancer

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Product Type
    • By Application
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Product Type
    • By Application
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Product Type
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Product Type
    • By Application
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Product Type
    • By Application
  • Rest of the World
    • By Region (South America, Africa)
    • By Product Type
    • By Application

Reasons To Buy This Report:

  • Market size estimation of the global melatonin market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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