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Biotin is a water-soluble B-vitamin, also called vitamin B7 and formerly known as vitamin H or coenzyme R. It is composed of a ureido ring fused with a tetrahydrothiophene ring. A valeric acid substituent is attached to one of the carbon atoms of the tetrahydrothiophene ring. Biotin is a coenzyme for carboxylase enzymes, involved in the synthesis of fatty acids, isoleucine, and valine, and in gluconeogenesis.
Scope of the Report:
This report studies the Biotin market, Biotin is a water-soluble B-vitamin, also called vitamin B7 and formerly known as vitamin H or coenzyme R. It is composed of a ureido ring fused with a tetrahydrothiophene ring. A valeric acid substituent is attached to one of the carbon atoms of the tetrahydrothiophene ring. Biotin is a coenzyme for carboxylase enzymes, involved in the synthesis of fatty acids, isoleucine, and valine, and in gluconeogenesis.
There are 1%, 2% and original pure (>98%). 1% and 2% Biotin are used in Animal Feed and food, while sometimes for feed, and original pure for Pharma & Cosmetics. Animal Feed is the largest application of Biotin, which takes market share of 78.92% in 2016 in terms of sales volume. Biotin is also widely used in Pharma & Cosmetics market, with a market share of 15.08%.
Commercial production of Biotin is only realized for D- Biotin. DL- Biotin is not manufactured in large scale in the worldwide. The Biotin production is in China. Leading suppliers in China, Zhejiang Medicine Company, NHU, SDM and Hegno. Zhejiang Medicine Company is the largest supplier of Biotin in the worldwide, with market share of 27.63% in 2016. The market concentration of Biotin is quite high, with the top 8 suppliers take more than 98% of market. The additive ratio of Biotin is low in downstream market, which means the manufacturers have bargaining rights over downstream users.
The worldwide market for D-Biotin is expected to grow at a CAGR of roughly 9.4% over the next five years, will reach 370 million US$ in 2024, from 220 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the D-Biotin in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Zhejiang Medicine
- SDM
- Hegno
- Shanghai Acebright
- NUH
- Anhui Tiger Biotech
- Kexing Biochem
- DSM
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- 1% Biotin
- 2% Biotin
- Pure Biotin (>98%)
- Other
Market Segment by Applications, can be divided into
- Food
- Pharma & Cosmetics
- Animal Feed
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe D-Biotin product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of D-Biotin, with price, sales, revenue and global market share of D-Biotin in 2017 and 2018.
Chapter 3, the D-Biotin competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the D-Biotin breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, D-Biotin market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe D-Biotin sales channel, distributors, customers, research findings and conclusion, appendix and data source.