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Melatonin Products Market Share

Report ID: GMI7015
Published Date: Oct 2023
Report Format: PDF

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Melatonin Products Market Share

Major companies operating in the melatonin products industry includes:

Aspen Holdings
Nature's Bounty
Pfizer Inc.
Natrol, LLC (an Aurobindo company)
Biotics Research Corporation
Solgar
Now Foods
GNC
Sundown Naturals
Jamieson
Nature Made
Schiff Nutrition International Inc.
Jarrow Formulas Inc.

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Pfizer, Inc has established itself as a key player in the pharmaceutical industry, focusing on a diverse range of therapeutic areas, including vaccines, oncology, cardiology, and rare diseases. One of its most significant contributions to healthcare is the development of the Comirnaty COVID-19 vaccine in collaboration with BioNTech, which played a pivotal role in the global response to the pandemic. Pfizer's commitment to research and development is evident through its extensive network of research centres and collaborations. Operating worldwide, Pfizer has a substantial presence in North America, Europe, Asia, and beyond, with a strong portfolio of prescription drugs and vaccines.

Authors: Kunal Ahuja, Himanshu Kabra

Frequently Asked Questions (FAQ) :

The market size of melatonin products was worth USD 1.56 billion in 2022 and will reach USD 5.95 billion by 2032, due to the growing awareness of sleep disorders, such as insomnia and sleep apnea, among the global population.

Melatonin products market size from the synthetic melanin type segment reached USD 2.5 billion in 2022 and is expected register commendable CAGR from 2023 to 2032, on account of the increasing prevalence of sleep disorders and disturbances in modern society.

North America melatonin products market size crossed USD 0.55 billion in 2022 and is expected to register appreciable CAGR from 2023 to 2032, owing to the rising modern lifestyles, increasing screen time, and high-stress levels resulting in the prevalence of sleep disorders in the region.

Aspen Holdings, Nature's Bounty, Pfizer Inc., Natrol, LLC (an Aurobindo company), Biotics Research Corporation, Solgar, Now Foods, GNC, and Sundown Naturals are some of the major melatonin products companies worldwide.