The global melatonin market is poised for significant growth in the coming years, according to market experts. Melatonin, a hormone naturally produced by the pineal gland, plays a vital role in regulating sleep patterns. With increasing awareness about the importance of a good night's sleep and the rising prevalence of sleep disorders, the demand for melatonin supplements is expected to surge.
Factors such as stressful lifestyles, long working hours, and the prevalence of electronic devices affecting sleep patterns have fueled the demand for melatonin supplements. Additionally, the aging population and the growing prevalence of insomnia and jet lag further contribute to the market's growth.
Moreover, the Melatonin Market is witnessing a shift towards natural remedies and alternative therapies, driving the demand for melatonin as a safe and effective solution for sleep-related issues. The market is also witnessing significant research and development activities to explore new applications of melatonin, further boosting its market potential. With the increasing adoption of melatonin supplements and the expanding consumer base, the melatonin market is projected to experience substantial growth in the near future.
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