followers 10 popularity
following 1

following  view all

Arslan is not in any groups

Sleep Aid Supplements Market to Pave Path for Augmented Revenue during the Period 2018-2028

May 13th 2019 at 2:28 AM

Major manufacturers are significantly investing in research and development in order to develop herbal sleep aid supplements. Research and development along with expansion are among the key strategies being employed by companies to grow in the sleep aid supplement market. For instance, in January, 2018, Takeda Pharmaceutical, Co. Ltd. announced a partnership and an agreement with Unipharm Inc. This partnership is estimated to benefit Unipharm with the enhanced promotion and sales of products in Russia, a place where Takeda has already established its presence. Such collaborations are estimated to drive the growth of the Sleep Aid Supplements Market at a global level.

Request TOC of this Report-

In today’s stressful life, getting a good night’s sleep is a challenge. This can also be blamed on technology and the subsequent invention of numerous gadgets such as smartphones, which have become the key factors contributing to sleep deprivation in the society. Insufficient sleep is a major concern in developed countries such as the U.S. A professor from Cornell University quoted that the country’s national sleep debt is far more threatening than its national debt. In a broad perspective, sleep deprivation is a national concern as it decreases a professional’s work efficiency. But, personally, it can lead to diseases derived from sleep deprivation and can damage one’s health. These concerns are surging the demand for sleep aid supplements among people suffering from sleep deprivation. There are four major kinds of sleep aid supplements available in the market, namely chamomile tea, melatonin, Valerina and Kava. Sleep aid supplements such as melatonin and valerian are even backed up by good scientific evidence.

To meet the rising demand for sleep aid supplements, manufacturers have been introducing a range of sleep aid supplements. Popular ingredients that manufacturers use in their sleep aid supplements include chamomile, hops, L-theanine from green tea and hormone melatonin. With growing awareness regarding the benefits of sufficient sleep among customers, the demand for sleep aid supplements has also been increasing. The sleep aid supplement market has been witnessing growth since years and is projected to have a positive outlook. Negative publicity from the side-effects of prescription-based sleep aid supplements has reverted customer preference towards natural and herbal sleep aid supplements. Recently, liquid-based sleep aid supplements have also been introduced in the sleep aid supplement market.

Browse Full Report with TOC -

Some of the key sleep aid supplement manufacturing companies identified are King, Sanofi Aventis, Sepracor, Pharmacia and Upjohn, Novel Laboratories, Inc., Takeda, Merck, Nutracap Labs, NutraClick, NutraScience Labs and others.

The market for sleep aid supplements foresees a great opportunity in developed regions such as North America where sleep deprivation is observed in a large number of people. Regions such as North America and Europe are estimated to grab the highest share of sales in the sleep aid supplement market. Sale numbers for herbal sleep aid supplements are on the rise when compared with chemical sleep aid supplements in these regions. This shift towards herbal sleep aid supplements is aided by the negative perception associated with chemical sleep aid supplements, due to their side-effects. Lack of awareness regarding the benefits of sleep aid supplements restrains the sleep aid market growth in regions such as Asia Pacific, Middle East and Africa, despite their high potential for growth.

The sleep aid supplements research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The sleep aid supplements research report provides analysis and information according to market segments such as geographies, type, application, and end use.

The report covers exhaustive analysis on:

Market Segments

  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordics)
  • Eastern Europe (Russia, Poland, CIS)
  • Asia-Pacific (China, India, ASEAN, South Korea)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

The sleep aid supplements report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The sleep aid supplements report also maps the qualitative impact of various market factors on market segments and geographies.

Request Brochure of this Report-

About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Read Industry News at -

Please to comment

sign in

Remember Me

New to IM faceplate? join free!

Lost Password? click here