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    Home > Research Reports > Melatonin API Market Poised for Rapid Growth, Projected to Reach $12.45 Billion by 2034
    Research Reports

    Melatonin API Market Poised for Rapid Growth, Projected to Reach $12.45 Billion by 2034

    Melatonin API Market Poised for Rapid Growth, Projected to Reach $12.45 Billion by 2034

    Published by Jessica Weisman-Pitts

    Posted on April 15, 2025

    Featured image for article about Research Reports

    Sustainable Practices in Manufacturing Processes to Meet the Growing Demand for Eco-Friendly Products Accelerate the Melatonin API Market. Fact.MR Report

    The global melatonin API market is estimated to be US$ 2,371.9 million in 2024 and is projected to grow steadily with an 18.0% CAGR through 2034. The market is expected to surpass a valuation of US$ 12,450.20 million by 2034.

    The significance of melatonin API is surging in various industries, such as cosmetics, nutraceuticals, and pharmaceuticals, due to its diverse and valuable properties. Its demand in the cosmetics industry is also rising for its antioxidant properties. Even in the nutraceuticals sector, melatonin API is utilized to formulate dietary supplements supporting various health and wellness aspects.

    According to a sleep disorder survey conducted in 2021, one in every three adults is dealing with problems related to sleep. This has pushed the demand for sleep-aiding supplements such as those containing melatonin API. Melatonin API-induced products, such as sleep gummies, have gained popularity due to their ease of consumption and perceived natural approach to addressing sleep issues.

    Synthetically sourced melatonin API is more in demand than its natural counterpart due to consistent quality, cost-effectiveness, and sustainable production processes. These qualities appeal to cost-sensitive manufacturers and industries seeking melatonin API for various applications. The demand for synthetic API is also soaring as it reduces the dependence on natural resources, providing a more sustainable solution in the face of potential environmental challenges.

    Click to Request a Sample of this Report for Additional Market Insights: https://www.factmr.com/connectus/sample?flag=S&rep_id=9571

    Key Takeaways from the Market Study:

    • The melatonin API market is projected to expand at a CAGR of 18% during the forecast period. The North American melatonin API market is expected to grow at a rate of 17.80% from 2024 to 2034.
    • The United States holds a dominant share of 91.90% of the melatonin API market in North America. China dominates the melatonin API market in the East Asian region, with a valuation of US$ 270 million in 2024.
    • The melatonin API industry in the United States is expected to rise at a CAGR of 17.80% from 2024 to 2034. Based on grade, the good manufacturing practice segment held a 92.50% market share in 2024.
    • The synthetic segment dominates the market with a 56.70% share in 2024, based on source.

    “Misconceptions and myths in the general population regarding the benefits of melatonin API are affecting the market's growth. Therefore, companies must conduct educational campaigns through social media platforms to raise awareness about the benefits and its applications in pharmaceuticals, nutraceuticals, and cosmetics," opines a Fact.MR analyst.

    Competitive Landscape

    Several companies are engaged in strategic collaborations with fitness gurus, social media celebrities, and health and wellness entities to enhance product marketing and reach a diverse consumer base, contributing to market presence. Also, melatonin API manufacturers actively embrace natural and sustainable trends to cater to the demands of eco-conscious consumers and businesses. Companies aim to strengthen their market presence and differentiate their products in the competitive landscape through effective collaborations and a focus on natural and sustainable trends.

    Rising Sleep Disorders and the Nutraceutical Boom Fueling Melatonin API Demand

    A recent study by the American Sleep Association reveals that over 30% of adults sleep less than six hours per night, contributing to a surge in sleep disorders. This growing prevalence has led to increased demand for melatonin API in the pharmaceutical and healthcare sectors, as it plays a crucial role in regulating sleep cycles and enhancing sleep quality.

    Additionally, the rising popularity of nutraceuticals has further driven the market, with consumers actively seeking natural and alternative health solutions. As a naturally occurring hormone, melatonin API has become a preferred choice for individuals looking to address sleep-related concerns. Social media influencers, healthcare professionals, and fitness experts have amplified this trend through widespread advocacy, accelerating its adoption among the general public.

    Lifestyle Changes and Awareness Driving Market Expansion

    The increasing awareness of melatonin's role in sleep regulation and overall wellness has significantly influenced its demand in the advanced medical industry. Consumers are showing heightened interest in incorporating melatonin API into medical formulations, recognizing its potential benefits beyond sleep enhancement. This trend is further strengthening its position in the pharmaceutical sector.

    Modern lifestyle habits, including high stress levels, irregular sleep schedules, excessive caffeine consumption, and sedentary behavior, have led many individuals to turn to melatonin supplements for relief. The market has also gained momentum due to melatonin’s effectiveness in managing jet lag, making it a popular choice among frequent travelers. As awareness grows, the melatonin API market is set for substantial expansion in the coming years.

    Get a Custom Analysis for Targeted Research Solutions:

    https://www.factmr.com/connectus/sample?flag=S&rep_id=9571

    Key Market Players:

    • Merck KGaA
    • Caesar & Loretz GmbH
    • EVONIK
    • Bio-Techne Corp.
    • Cayman Chemical Company (Matreya)
    • Spectrum Chemical
    • Caesar & Loretz GmbH
    • LGM Pharma
    • Flavine Europe GmbH
    • Ralington Pharma LLP
    • Simson Pharma Limited
    • Santa Cruz Biotechnology, Inc.
    • Biosynth

    More Valuable Insights on Offer

    Fact.MR, in its new offering, presents an unbiased analysis of the global cryogenic equipment market, presenting historical demand data (2018 to 2023) and forecast statistics for the period (2024 to 2034).

    The study divulges essential insights on the market based on product (tanks, valves, pumps & vaporizers, vacuum jacketed piping, others), cryogen (nitrogen, oxygen, argon, liquefied natural gas (LNG), others), application (distribution, storage), and end-use industry (oil & gas, metallurgy, automotive, food & beverages, chemicals, others), across six major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and MEA).

    Explore More Studies Published by Fact.MR Research:

    The demand for guidewires is projected to grow at a CAGR of 6.1% during the forecast period (2023 to 2032). The global guidewires market size is projected to surpass US$ 1,755 Mn by the end of 2033, up from US$ 968 Mn in 2023.

    The global healthcare contract research outsourcing market is anticipated to rise at a CAGR of 6.6% from 2021 to 2028. In 2020, revenue from healthcare contract research outsourcing was US$ 38.4 Bn, which is expected to reach US$ 63.09 Bn by the end of 2028.

    Expanding at a CAGR of 4.5%, the global hemodialysis market is predicted to increase from a valuation of US$ 96.54 billion in 2023 to US$ 149.92 billion by 2033-end.

    Laboratory Information Management System analysis report by Fact.MR shows that global revenue of Laboratory Information Management System in 2021 was held at US$ 1.8 Bn. With 8.1%, the projected market growth during 2022 to 2032 is expected to be significantly higher than the historical growth.

    The global medical beds market amassed a revenue share worth US$ 3.69 Billion in 2021. Fact.MR, a market research and competitive intelligence provider, has recently published a revised analysis, which estimates the market to rise at a CAGR of 3.7% and be valued at around US$ 5.5 Billion by 2032.

    The global medical device coating market size is likely to be valued at US$ 1.2 Bn by 2021-end, with an anticipated CAGR of 7.2% across the 2021-2031 assessment period, with sales of hydrophilic coatings expected to be maximum at US$ 2 Bn. Overall, the market is slated to reach US$ 2.4 Bn by 2031.

    The global medical processing seals market is currently valued at US$ 1.7 billion and is projected to attain a valuation of US$ 2.3 billion by 2027. Global sales of medical processing seals are predicted to rise at a high-value CAGR of 6% from 2022 to 2027.

    The global nasal splints market is expected to reach USD 4,551 million by 2035, up from USD 2,897 million in 2024. During the forecast period (2025 to 2035), the industry is projected to expand at a CAGR of 4.3%.

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