Melatonin Pricing Report ​2024​: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Melatonin Pricing Report ​2024​: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Report Format: PDF+Excel | Report ID: SR112024A23156
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Melatonin Prices December 2023

Category Region Price
Melatonin Specialty Chemical USA 123074 USD/MT
Melatonin Specialty Chemical China 89110 USD/MT
Melatonin Specialty Chemical Germany 90816 USD/MT

The price of melatonin in the United States for Q4 2023 reached 123074 USD/MT in December. Among the key drivers were fluctuating demand, plentiful supply, rising freight costs, and reduced imports from Asia. Late in 2023, security issues in the Red Sea and a series of COVID-19 outbreaks in ports led to freight prices spiking, which impacted services and transit through the U.S., with further impact on the Panama Canal.

In the fourth quarter of 2023,  melatonin prices in China exhibited a downward trend from October to November, followed by a slight increase in December due to improved economic indicators and seasonal restocking in anticipation of the Chinese Lunar New Year. In Q1 2024, the APAC melatonin market was stable despite flat pricing trends due to consistent demand from the pharmaceutical and nutraceutical sectors.

In the fourth quarter of 2023, Germany’s melatonin prices initially decreased due to surplus supply and reduced demand but experienced a slight increase towards the end of the quarter driven by rising prices in China and growing local demand. The trend in the European melatonin market in the fourth quarter of 2023 was mixed. The market was very prompt to face challenges early, as there were relatively high levels of supply, which compelled domestic companies to hold huge inventories in the run-up to the December holiday season.

Melatonin Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Melatonin Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of melatonin pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot prices at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of price trends across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing melatonin price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Melatonin Price Trend

Melatonin Market Analysis

The global melatonin market size reached US$ 398 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 1015.3 Billion, at a projected CAGR of 11.00% during 2023-2032.

  • Increasing Prevalence of Sleep Disorders: A prominent factor that is increasing demand for melatonin supplements is the rising incidence of sleep disorders, such as insomnia and sleep apnea. The increasing consciousness regarding sound sleep and its impacts on life and health is making the majority of people opt for natural remedies which could include melatonin, aiming at improving overall sleep quality. This increasing trend is further supported by a number of research in line with melatonin's effectiveness in regulating one's sleep-wake cycle.
  • The population of the entire world is increasing rapidly. It naturally increases the incidences of sleep-related issues in the elderly population. With increases in age, the problems of irregular sleep patterns become common. The elderly are ideal candidates for melatonin supplementation. So, as health providers increasingly see this supplement as a recommendation for their age-related sleep disturbances, the demographic changes further support growth in the market.
  • Among natural hormones, melatonin is considered a better alternative to sleep medications. This, in turn, is propelling its demand. In addition, rising awareness toward non-pharmaceutical applications over the past years has driven demand for melatonin supplements.
  • The nutraceuticals industry is proliferating due to the increased demand for dietary supplements, which are associated with overall health benefits. Melatonin is one of the key products popular in this sector due to its benefits for use in sleep medicines and general wellness. Moreover, the advancement in distribution networks, such as online platforms and retail stores, has helped better access to melatonin products.
  • Improvement in supplement deliveries, such as time-release capsules, gummies, and liquids, makes melatonin products more palatable. These advances provide consumers with improved and more convenient ways to consume melatonin to cater to varying demands and requirement patterns. Improved delivery means are, therefore, fueling the market through the impact on improved product efficiency and customer experience.
  • Melatonin supplements are being extensively used as an alternative, natural way to counter these conditions and help a person sleep better. Therefore, the rise in awareness of mental health is further fueling the intake of melatonin for stress-related sleep problems.
  • As melatonin is identified by regulatory bodies across increasingly diverse geographies as a safe and efficacious supplement, the market environment turns increasingly positive. Instances of some of the regulatory support being available are within the context of enabling over-the-counter sales and the inclusion of melatonin within different health guidelines. Ease in entry and expansion in the market for melatonin products comes with favorable regulatory support.
  • Consumers are switching to natural and organic supplements from synthetic pharmaceutical products. Melatonin, being a hormone that occurs naturally, rides this popularity. Clean-label products and sourcing data transparency is a further acting growth driver for melatonin supplements.
  • Innovative marketing tactics and the power of social media drive sales of melatonin products. Brands take to various social media platforms to educate consumers on the benefits of melatonin while sharing testimonials and success stories. Influencers supporting melatonin through their endorsements and digital marketing campaigns are a strong motive for a young, health-conscious audience.
  • Continuous research and development are trying to enhance the applications of melatonin outside sleep disorders. The treatment of diseases such as cancer, support to the immune system, and mental health, among others are all areas of research interest. All these emerging applications are expected to open new market opportunities and drive the melatonin sector's growth even more.

Melatonin News

The report covers the latest developments, updates, and trends impacting the global melatonin market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in melatonin production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that shape the industry landscape.

Latest developments in the melatonin industry:

  • January 31, 2024: Biotics Research announced a strategic partnership with industry-leading hemp-derived cannabidiol (CBD) company Ananda Professional. This landmark partnership represents a pioneering milestone for each company, as Ananda Professional emerges as the exclusive marketer of Ananda Professional to the practitioner market.
  • December 01, 2023: Pharmavite LLC has acquired Bonafide Health LLC, a company that develops and sells products related to women's health. The target company is based in the state of New York. Under the terms of the agreement, with the acquisition of Bonafide Health, Pharmavite will enhance its present portfolio in the area of women's health, which includes Uqora—a unique urinary tract health brand—and Equelle—the supplement with equol.
  • June 23, 2023: Aurobindo Pharma announced that its wholly owned arm Eugia Pharma Specialties Ltd had entered into a voluntary sub-licensing agreement with Medicines Patent Pool (MPP) for the development and commercialization of an anti-cancer drug. It stated that, under the sub-licensing agreement's terms, Nilotinib capsules would be made available to 44 low and middle-income countries, seven of which currently have patent applications pending or in force for the product.

Product Description

Melatonin (C13H16N2O2) is a neurohormone produced from the pineal gland in the brain and is important for the regulation of the sleep-wake cycle. It is also available in the market as an over-the-counter dietary supplement for the purpose of treating sleep disorders, such as insomnia and jet lag. This supplement imitates the natural hormone in the body and helps readjust the internal clock. It is better than other supplements owing to its non-addictiveness and rather few or no significant side effects.

In addition, melatonin is associated with other health benefits, such as enhancement of eye health, management of depression in the seasonal period, and general enhancement of the immune by being an antioxidant. With such simple widespread use of melatonin, benefits for sleep improvement and general well-being become a powerful tool.

Regional Coverage

The report provides a detailed analysis of the melatonin market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the price trends. 

Global Melatonin Price

The report offers a holistic view of the global melatonin pricing trends, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level.

Europe Melatonin Price

During Q1 2024, the melatonin market in Germany faced declining prices, paralleling trends in the US and China. Contributing factors included volatile energy costs, interest rate hikes, supply chain disruptions from China, and currency depreciation. These elements, combined with inflationary pressures and federal taxes, created a challenging environment, leading to reduced demand and operational difficulties for market participants.

This analysis can be extended to include detailed melatonin price information for a comprehensive list of countries.

Region Countries Covered
Europe Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries.

North America Melatonin Price

In Q4 2023, North American melatonin prices declined due to subdued demand from nutraceutical and pharmaceutical sectors, oversupply, and reduced manufacturing output. High interest rates further dampened consumer confidence. In the US, melatonin prices fell from 130,400 USD/MT to 122,340 USD/MT FOB New Jersey, reflecting a -4% year-on-year decrease, despite positive job growth and declining unemployment rates.

Specific data on melatonin prices within the United States and Canada can also be provided.

Region Countries Covered
North America United States and Canada

Middle East and Africa Melatonin Price

The report explores the melatonin pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on melatonin prices for countries can also be provided.

Region Countries Covered
Middle East & Africa Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries.

Asia Pacific Melatonin Price

In Q4 2023, the Asia-Pacific Melatonin market saw declining prices due to reduced demand from the pharmaceutical and nutraceutical sectors, particularly in China. Prices dropped from 91,700 USD/MT to 88,140 USD/MT FOB-Shanghai. Despite increased production, sluggish demand and lack of overseas inquiries contributed to the decline. Late improvements in China's PMI and consumer confidence led to a gradual price uptick.

This analysis can be further extended to include detailed melatonin prices for a comprehensive list of countries within the region.

Region Countries Covered
Asia Pacific China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.

Latin America Melatonin Price

The analysis of melatonin prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Region Countries Covered
Latin America Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries.

Report Coverage

Key Attributes Details
Product Name Melatonin
Report Features Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Price Analysis, and Segment-Wise Assessment.
Currency/Units US$ (Data can also be provided in local currency) or Metric Tons
Region/Countries Covered The current coverage includes analysis at the global and regional levels only. 
Based on your requirements, we can also customize the report and provide specific information for the following countries: 
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand*
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* 
North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru*

Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco*

*The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client.
Information Covered for Key Suppliers
  • Company Overview
  • Business Description
  • Product Portfolio
  • Recent Trends and Developments
Customization Scope The report can be customized as per the requirements of the customer
Report Price and Purchase Option

Plan A: Monthly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Month
    • Forecast for Next Month
  • Total Deliverables Per Year: 12 (One Per Month)
  • Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year

Plan B: Quarterly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Quarter
    • Forecast for Next Quarter
  • Total Deliverables Per Year: 4 (One Per Quarter)
  • Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year

Plan C: Biannually Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Half
    • Forecast for the Next Half
  • Total Deliverables Per Year: 2 (One Per 6 Months)
  • Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year  
Post-Sale Analyst Support  360-degree analyst support after report delivery
Delivery Format PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) 

Key Benefits for Stakeholders:

  • IMARC’s report presents a detailed analysis of melatonin pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
  • The study examines factors affecting melatonin price volatility, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
  • The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
  • IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights, ensuring they remain at the forefront of the melatonin industry.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Melatonin Pricing Report ​2024​: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
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