Sleep Supplements Market size was valued at USD 7.62 billion in 2024 and is expected to reach USD 14.55 billion by 2037, expanding at around 5.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of sleep supplements is assessed at USD 7.95 billion.
Lifestyle changes, workload, stressful and hectic life attributes to the growth of the sleep supplements market. An increase in demand for sleeping pills, rise in geriatric and obese population also fuels the market growth. Moreover, the rise in awareness about sleep disorders and technological advancements also play a major role in the growth of the sleep supplements market. Sleep disorders adversely affect human health and lead to various chronic disorders like diabetes, high blood pressure, stroke and others. Therefore, it is important to diagnose and treat these disorders at an early stage. In addition, rising innovations in sleep aid devices, developing drugs for inappropriate sleep, and rising utilization of compact sleep apnea devices is relied upon to add to the development of the global sleep aids market.
During Covid-19, the sleep supplements market has seen a significant rise in the trend as there was a considerable spike in the prevalence of mental health problems during the lockdown. Sleep disorders are one of the major mental health problems leading to an increase in the sale of sleeping aid supplements.
Growth Drivers
Challenges
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
5.1% |
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Base Year Market Size (2024) |
USD 7.62 billion |
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Forecast Year Market Size (2037) |
USD 14.55 billion |
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Regional Scope |
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On the basis of sleep disorders, the sleep supplements market is segmented into insomnia, sleep apnea, restless legs syndrome, narcolepsy, and sleepwalking. Out of which, insomnia holds the highest share in the market. The cases of insomnia is increasing in number due to depression, anxiety, work stress, excessive alcohol consumption, and smoking. Sleep apnea also holds a significant share in the market with the rise in the aging population, who are more vulnerable to sleep apnea disorder.
On the basis of product type, the sleep supplements market is segmented into mattresses and pillows, sleep laboratories, medications, and sleep apnea devices. Out of which, mattresses and pillows hold the highest revenue in the market as they are easily accessible and relatively cheaper than other products. Medication is also expanding its business with the increase in awareness about sleep disorders. However, with the advancement in technology, sleep apnea devices are also gaining popularity.
On the basis of medication type, the market is segmented into prescription-based drugs, OTC drugs, and herbal drugs. With the increase in awareness about sleep disorders and their adverse effect on human health, prescription-based drugs hold the highest revenue in the market. Herbal drugs are also gaining popularity due to its lesser side effects.
Our in-depth analysis of the global market includes the following segments:
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By Sleep Disorders |
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By Product Type |
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By Medication Type |
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Asia Pacific industry is expected to dominate majority revenue share by 2037, owing to increasing awareness about sleeping disorders, rise in change in lifestyle, and rise in research for the development of various sleeping aids.
Furthermore, in 2021, the market in North America is evaluated to occupy the largest share in terms of revenue, owing to the quick adoption of the latest technology and focus on developing new techniques with the involvement of natural products and herbs for lesser or no side effects. Sandland Sleep, a US-based company, on 5th April launched a non-pharmaceutical line of sleep aid products, “Fall Sleep and Stay Asleep” harnessing the power of the cannabinoid CBN. A natural, hemp-derived ingredient, CBN is scientifically proven to build up the body's natural ability to sleep without a high or hangover.
Europe holds second place in the sleep supplements market due to rising cases of sleep apnea and increasing awareness about various treatment available for sleeping disorders.
Author Credits: Radhika Pawar
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