Global Melatonin Prices Continue to Rise in March, Following the Trend of Past two Months
- 21-Mar-2025 5:15 PM
- Journalist: Francis Stokes
The global market of melatonin has experienced a significant increase in its prices during early weeks of March 2025. This price increase is seen in major markets of melatonin including India, China and the United States. This significant increase in prices of melatonin has resulted in growing interest among buyers and sellers. The market of melatonin observes a steady demand from key downstream industries, such as pharmaceuticals and nutraceuticals. The sudden strong demand for melatonin which is used as sleep aid has resulted in raising prices across major regions.
Primary reason for this price increase of melatonin is the continuous and strong demand from end user sectors like pharmaceuticals, nutraceuticals and personal care due to increasing awareness of melatonin among consumers. The rise in demand is observed as consumers are being influenced by global health trends that emphasize wellness and better sleep habits. These industries rely on melatonin in their production processes to make consumer products which are majorly used to treat sleep-related problems. This consistent demand from downstream industries resulted in rise of prices of melatonin by around 500-1000 USD per metric ton (varying country to country) since the start of 2025. This increase is quite significant and expensive compared to previous periods. This increase in price of melatonin which is not just limited to March and can be seen throughout the first quarter owing to the persistent pressure from growing consumption rates of melatonin.
ChemAnalyst anticipates that the price of melatonin will continue to rise in the coming period. This continuous price trend is supported by several factors such as the consistent increase in demand. Also due to the new production cycles of coming quarter buyers will maintain their inventory of melatonin to ensure continuous production cycles. The ongoing global market recovery in addition with possible port congestion in major shipping routes, especially in the US will likely result in increase of freight charges which will be reflected in prices of melatonin. This can result in a situation where suppliers may face challenges to meet market demand and further prompting them to adjust melatonin prices in the forthcoming period.
ChemAnalyst further advise that both buyers and sellers in the melatonin market should remain alert and agile in responding to any market changes. Buyers and procurement specialist should manage their current melatonin inventory and strategically place new procurement orders. Sellers on the other hand can leverage the current situation of increasing demand and adjust their pricing strategies and remain prepared for any fluctuation in melatonin demand. This will help them to maintain competitive edge while capitalizing on the current demand surge of melatonin.