Melatonin Market Regional Analysis

In 2021, the North American region dominated the global melatonin market with the largest market and revenue share. The growing problem of insomnia in developed countries due to lifestyle problems and eating habits is the major reason for the growth of demand for melatonin in the united states and Canada and will drive the melatonin market growth in the region. Moreover, according to a report released by the US national library of science in 2021, more than 40% of Canadians have a minimum of one symptom of insomnia and this huge number will propel the melatonin market growth in the North American region during the analysis period.

The Asia Pacific is expected to show tremendous growth during the forecast period due to increasing industrialization and with more disposable income in the developing countries, the changing lifestyle and food habits are major reasons for growing insomnia cases. Therefore, the following reason will drive the demand for melatonin demand in the region and propel the melatonin market growth during the analysis period.