Global Serotonin Supplement Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

Price: 3200/- USD | Published Date: May 2, 2021 |

The global serotonin supplements market size is anticipated to register a sustainable CAGR of 7.7% during the forecast period from 2021 to 2027 and expected to reach USD 1,184 million by 2027. The rising prevalence of anxiety and mood disorders worldwide primarily drives the market growth. Additionally, the constant rise in insomnia and altered sleep pattern across all age groups throughout the globe further accentuates the serotonin supplements market growth.

Serotonin supplements are a very safe and non-drug option for elevating the levels of neural serotonin which is a major neurotransmitter. The majority of prescription drugs used for treating mental disorders are exerting their pharmacological effect by increasing the serotonin levels, but the severe side effects associated with them render them ineffective in the long-term management of mental disorders. Serotonin supplements that boost the natural production of serotonin in the human body are 5-hydroxytryptophan, tryptophan, s-adenosyl methionine, pyridoxine, folic acid, L-theanine, Rhodiola Rosea, Garcinia cambogia, etc.

Market Segment Insights:

Anxiety and mood disorders are representing the largest market share in the clinical application segment for the serotonin supplements market. According to the latest statistics provided by the World Bank data, the prevalence rate of anxiety is highly variegated ranging from 2.5% to 7% across various nations. Further clinical research studies suggest that approximately 1 in 133 individuals suffers from anxiety during his lifetime. Mood disorder is seen to be growing at an unprecedented rate in the millennial population worldwide due to unhealthy diet, stress, poor social life, etc., which if unchecked may eventually result in depression and suicidal tendencies. Insomnia is keen to register comfortable market growth in the near future on account of the growing incidence of lack of sleep among the geriatric population worldwide and the increasing consumption of caffeinated drinks across various age groups.

Serotonin Supplements Market Size & Forecast

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Hypermarkets are presently leading the distribution channel segment for the serotonin channel segments market. It provides a unique platform for several players to showcase their products under a single roof at attractive prices. Retail stores are the shopping option for consumers receiving prescriptions from dieticians and physicians for the management of chronic lifestyle disorders. E-commerce is expected to record excellent market growth during the forecast period owing to the deep internet penetration and capability to reach to a large consumer base with good disposable income.

Global serotonin supplements market size and forecast were obtained by using “Bottom-up” and “Top-down” approaches. Extensive secondary research was conducted to understand the market insights and trends, followed by primary interviews to further validate the information sourced. The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which help to formulate competitive market strategies and make informed decisions.

The serotonin supplements market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

  • 2018-19 – Historical Year
  • 2020 – Base Year
  • 2021-2027 – Forecast Period

Global Serotonin Supplements Market Segmentation:

By Clinical Application:

  • Anxiety & Mood Disorders
  • Insomnia
  • Others

By Distribution Channel:

  • Hypermarket
  • Retail Stores
  • E-commerce

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Geographic Coverage:

North America is currently dominating the geography segment for the serotonin supplements market. The rising prevalence of anxiety in the young population primarily drives the market growth in the region. According to the latest statistics provided by the Center for Disease Control and Prevention (CDC), approximately 40 million United States citizens aged 18 years and above are reported to be suffering from anxiety. Stressful lifestyle, large consumption of tobacco, alcohol, and ecstasy substance has resulted in mood disorders leading to depression and suicidal tendencies increase the demand for serotonin supplements in the region. Europe is the second-largest regional segment owing to the rising prevalence of insomnia in the geriatric population. As per the latest information provided by the European Commission Report the minimum sleep hours duration for subjects suffering from insomnia is 5.77 hours, creating huge demand for serotonin supplements in the region to provide sleep aid. The Asia Pacific is anticipated to be the fastest-growing regional segment for the serotonin supplements market. Flourishing traditional and herbal medicines enriched in 5HTP and tryptophan will steer the serotonin supplements market growth in the region.

Market Competition Assessment:

Key players operating in the global serotonin supplements market are Jarrow Formulas, Arazo Nutrition, Source Naturals, Holland & Barrett (LetterOne), and Swanson. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

  • Jarrow Formulas
  • Arazo Nutrition
  • Natrol (Aurobindo Pharma USA, Inc.)
  • Source Naturals
  • Solgar (The Nature’s Bounty Co)
  • Holland & Barrett (LetterOne)
  • Swanson
  • The Genius Brand
  • Pure Encapsulation, Inc. (Nestle S.A.)
  • Scripts of Nature

Key Questions Answered by Serotonin Supplements Market Report:

  • Global serotonin supplements market forecasts from 2021-2027
  • Regional serotonin supplements market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East and Africa, and Latin America
  • Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
  • Serotonin supplements submarket forecasts from 2021-2027 covering the market by clinical application, by distribution channel, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis pertaining to the serotonin supplements market
  • Analysis of the key factors driving and restraining the growth of the global, regional and country-level serotonin supplements markets from 2021-2027
  • Competitive Landscape and market positioning of top 10 players operating in the serotonin supplements market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Serotonin Supplements Market Portraiture
2.2. Global Serotonin Supplements Market, by Clinical Distribution Channel, 2020 (USD Mn)
2.3. Global Serotonin Supplements Market, by Distribution Channel, 2020 (USD Mn)
2.4. Global Serotonin Supplements Market, by Geography, 2020 (USD Mn)

 

3. Global Serotonin Supplements Market Analysis


3.1. Serotonin Supplements Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. COVID-19 Impact Analysis
3.6.1. V Shaped Recovery
3.6.2. U Shaped Recovery
3.6.3. L Shaped Recovery
3.6.4. W Shaped Recovery

 

4. Global Serotonin Supplements Market By Clinical Distribution Channel, 2018 – 2027 (USD Mn)


4.1. Overview
4.2. Anxiety & Mood Disorders
4.3. Insomnia
4.4. Others

 

5. Global Serotonin Supplements Market By Distribution Channel, 2018 – 2027 (USD Mn)


5.1. Overview
5.2. Hypermarket
5.3. Retail Stores
5.4. E-commerce

 

6. North America Serotonin Supplements Market Analysis and Forecast, 2018 – 2027 (USD Mn)


6.1.1. Overview
6.1.2. North America Serotonin Supplements Market by Clinical Distribution Channel (2018-2027 USD Mn)
6.1.3. North America Serotonin Supplements Market by Distribution Channel (2018-2027 USD Mn)
6.1.4. North America Serotonin Supplements Market by Country (2018-2027 USD Mn)
6.1.4.1. U.S.
6.1.4.1.1. U.S. Serotonin Supplements Market by Clinical Distribution Channel (2018-2027 USD Mn)
6.1.4.1.2. U.S. Serotonin Supplements Market by Distribution Channel (2018-2027 USD Mn)
6.1.4.2. Canada
6.1.4.2.1. Canada Serotonin Supplements Market by Clinical Distribution Channel (2018-2027 USD Mn)
6.1.4.2.2. Canada Serotonin Supplements Market by Distribution Channel (2018-2027 USD Mn)

 

7. Europe Serotonin Supplements Market Analysis and Forecast, 2018 – 2027 (USD Mn)


7.1.1. Overview
7.1.2. Europe Serotonin Supplements Market by Clinical Distribution Channel (2018-2027 USD Mn)
7.1.3. Europe Serotonin Supplements Market by Distribution Channel (2018-2027 USD Mn)
7.1.4. Europe Serotonin Supplements Market by Country (2018-2027 USD Mn)
7.1.4.1. Germany
7.1.4.1.1. Germany Serotonin Supplements Market by Clinical Distribution Channel (2018-2027 USD Mn)
7.1.4.1.2. Germany Serotonin Supplements Market by Distribution Channel (2018-2027 USD Mn)
7.1.4.2. U.K.
7.1.4.2.1. U.K. Serotonin Supplements Market by Clinical Distribution Channel (2018-2027 USD Mn)
7.1.4.2.2. U.K. Serotonin Supplements Market by Distribution Channel (2018-2027 USD Mn)
7.1.4.3. France
7.1.4.3.1. France Serotonin Supplements Market by Clinical Distribution Channel (2018-2027 USD Mn)
7.1.4.3.2. France Serotonin Supplements Market by Distribution Channel (2018-2027 USD Mn)
7.1.4.4. Italy
7.1.4.4.1. Italy Serotonin Supplements Market by Clinical Distribution Channel (2018-2027 USD Mn)
7.1.4.4.2. Italy Serotonin Supplements Market by Distribution Channel (2018-2027 USD Mn)
7.1.4.5. Rest of Europe
7.1.4.5.1. Rest of Europe Serotonin Supplements Market by Clinical Distribution Channel (2018-2027 USD Mn)
7.1.4.5.2. Rest of Europe Serotonin Supplements Market by Distribution Channel (2018-2027 USD Mn)

 

8. Asia Pacific Serotonin Supplements Market Analysis and Forecast, 2018 – 2027 (USD Mn)


8.1.1. Overview
8.1.2. Asia Pacific Serotonin Supplements Market by Clinical Distribution Channel (2018-2027 USD Mn)
8.1.3. Asia Pacific Serotonin Supplements Market by Distribution Channel (2018-2027 USD Mn)
8.1.4. Asia Pacific Serotonin Supplements Market by Country (2018-2027 USD Mn)
8.1.4.1. China
8.1.4.1.1. China Serotonin Supplements Market by Clinical Distribution Channel (2018-2027 USD Mn)
8.1.4.1.2. China Serotonin Supplements Market by Distribution Channel (2018-2027 USD Mn)
8.1.4.2. Japan
8.1.4.2.1. Japan Serotonin Supplements Market by Clinical Distribution Channel (2018-2027 USD Mn)
8.1.4.2.2. Japan Serotonin Supplements Market by Distribution Channel (2018-2027 USD Mn)
8.1.4.3. Rest of Asia Pacific
8.1.4.3.1. Rest of Asia Pacific Serotonin Supplements Market by Clinical Distribution Channel (2018-2027 USD Mn)
8.1.4.3.2. Rest of Asia Pacific Serotonin Supplements Market by Distribution Channel (2018-2027 USD Mn)

 

9. Latin America (LATAM) Serotonin Supplements Market Analysis and Forecast, 2018 – 2027 (USD Mn)


9.1.1. Overview
9.1.2. Latin America Serotonin Supplements Market by Clinical Distribution Channel (2018-2027 USD Mn)
9.1.3. Latin America Serotonin Supplements Market by Distribution Channel (2018-2027 USD Mn)
9.1.4. Latin America Serotonin Supplements Market by Country (2018-2027 USD Mn)
9.1.4.1. Brazil
9.1.4.1.1. Brazil Serotonin Supplements Market by Clinical Distribution Channel (2018-2027 USD Mn)
9.1.4.1.2. Brazil Serotonin Supplements Market by Distribution Channel (2018-2027 USD Mn)
9.1.4.2. Mexico
9.1.4.2.1. Mexico Serotonin Supplements Market by Clinical Distribution Channel (2018-2027 USD Mn)
9.1.4.2.2. Mexico Serotonin Supplements Market by Distribution Channel (2018-2027 USD Mn)
9.1.4.3. Rest of Latin America
9.1.4.3.1. Rest of Latin America Serotonin Supplements Market by Clinical Distribution Channel (2018-2027 USD Mn)
9.1.4.3.2. Rest of Latin America Serotonin Supplements Market by Distribution Channel (2018-2027 USD Mn)

 

10. Middle East and Africa Serotonin Supplements Market Analysis and Forecast, 2018 – 2027 (USD Mn)


10.1.1. Overview
10.1.2. MEA Serotonin Supplements Market by Clinical Distribution Channel (2018-2027 USD Mn)
10.1.3. MEA Serotonin Supplements Market by Distribution Channel (2018-2027 USD Mn)
10.1.4. Middle East and Africa Serotonin Supplements Market, by Country (2018-2027 USD Mn)
10.1.4.1. GCC
10.1.4.1.1. GCC Serotonin Supplements Market by Clinical Distribution Channel (2018-2027 USD Mn)
10.1.4.1.2. GCC Serotonin Supplements Market by Distribution Channel (2018-2027 USD Mn)
10.1.4.2. Rest of MEA
10.1.4.2.1. Rest of MEA Serotonin Supplements Market by Clinical Distribution Channel (2018-2027 USD Mn)
10.1.4.2.2. Rest of MEA Serotonin Supplements Market by Distribution Channel (2018-2027 USD Mn)

 

11. Company Profiles


11.1. Jarrow Formulas
11.1.1. Business Description
11.1.2. Financial Health and Budget Allocation
11.1.3. Product Positions/Portfolio
11.1.4. Recent Development
11.1.5. SWOT Analysis
11.2. Arazo Nutrition
11.2.1. Business Description
11.2.2. Financial Health and Budget Allocation
11.2.3. Product Positions/Portfolio
11.2.4. Recent Development
11.2.5. SWOT Analysis
11.3. Natrol (Aurobindo Pharma USA, Inc.)
11.3.1. Business Description
11.3.2. Financial Health and Budget Allocation
11.3.3. Product Positions/Portfolio
11.3.4. Recent Development
11.3.5. SWOT Analysis
11.4. Source Naturals
11.4.1. Business Description
11.4.2. Financial Health and Budget Allocation
11.4.3. Product Positions/Portfolio
11.4.4. Recent Development
11.4.5. SWOT Analysis
11.5. Solgar (The Nature's Bounty Co)
11.5.1. Business Description
11.5.2. Financial Health and Budget Allocation
11.5.3. Product Positions/Portfolio
11.5.4. Recent Development
11.5.5. SWOT Analysis
11.6. Holland & Barrett (LetterOne)
11.6.1. Business Description
11.6.2. Financial Health and Budget Allocation
11.6.3. Product Positions/Portfolio
11.6.4. Recent Development
11.6.5. SWOT Analysis
11.7. Swanson
11.7.1. Business Description
11.7.2. Financial Health and Budget Allocation
11.7.3. Product Positions/Portfolio
11.7.4. Recent Development
11.7.5. SWOT Analysis
11.8. The Genius Brand
11.8.1. Business Description
11.8.2. Financial Health and Budget Allocation
11.8.3. Product Positions/Portfolio
11.8.4. Recent Development
11.8.5. SWOT Analysis
11.9. Pure Encapsulation, Inc. (Nestle S.A.)
11.9.1. Business Description
11.9.2. Financial Health and Budget Allocation
11.9.3. Product Positions/Portfolio
11.9.4. Recent Development
11.9.5. SWOT Analysis
11.10. Scripts of Nature
11.10.1. Business Description
11.10.2. Financial Health and Budget Allocation
11.10.3. Product Positions/Portfolio
11.10.4. Recent Development
11.10.5. SWOT Analysis
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