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.
Author Credits: Radhika Pawar
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