The invention relates to health food for improving sleep and a preparation method of the health food for improving sleep. The health food is a hard capsule preparation, comprises a capsule shell and stuffing which is prepared by taking melatonin, polygala tenuifolia extract, wild jujube seed extract, lucid ganoderma extract, white peony root extract, Chinese yam extract, liquorice extract and water-soluble pearls as main materials and supplementing with magnesium stearate. The capsule disclosed by the invention changes the condition that the health food for improving sleep on the existing market takes the melatonin as the single main raw material; the health effects of the product are improved by adding the polygala tenuifolia extract, wild jujube seed extract, lucid ganoderma extract, white peony root extract, Chinese yam extract, liquorice extract and water-soluble pearls. The technical problems that the single-component capsule has low curative effect, a certain side effect and dependency are solved. According to the scientific experiments, the melatonin is combined with the traditional Chinese medicines, and the effective factors of the traditional Chinese medicines can corporately act with the melatonin to enhance the sleep and improve the sleep quality, so that the health food has good effects in improving sleep.