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Melatonin is a biogenic amine found in animals, plants, and microbes that has been linked to mood regulation, learning and memory, immune activity, dreaming, fertility, and reproduction.
Furthermore, melatonin is a hormone that regulates the sleep-wake cycle and is primarily released by the pineal gland. It is used as a supplement for the short-term treatment of sleep problems caused by jet lag or shift work. Melatonin has antioxidant properties that help to reduce the oxidative stress caused by exercise and create a better environment for muscle protection and growth.
According to Coherent Market Insights, the melatonin market is expected to exceed US$ 764.5 million by 2027, with a CAGR of 7.2 percent between 2020 and 2027.
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Source:
https://www.coherentmarketinsights.com/market-insight/melatonin-market-4100