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According to our (Global Info Research) latest study, the global Biotin market size was valued at USD 170.6 million in 2023 and is forecast to a readjusted size of USD 202.6 million by 2030 with a CAGR of 2.5% during review period.
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.
Global biotin main players are Zhejiang Medicine, SDM, Hegno etc. Global top 2 manufacturers hold a share over 75%. Asia-Pacific is the largest market, with a share about 33%, followed by Europe and North America with the share about 30% and 25%.In terms of product, 2% biotin is the largest segment, with a share over 35%. And in terms of application, the largest application is animal feed.
The Global Info Research report includes an overview of the development of the Biotin industry chain, the market status of Food (1% Biotin, 2% Biotin), Pharma (1% Biotin, 2% Biotin), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Biotin.
Regionally, the report analyzes the Biotin markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Biotin market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Biotin market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Biotin industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (MT), revenue generated, and market share of different by Type (e.g., 1% Biotin, 2% Biotin).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Biotin market.
Regional Analysis: The report involves examining the Biotin market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Biotin market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Biotin:
Company Analysis: Report covers individual Biotin manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Biotin This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Food, Pharma).
Technology Analysis: Report covers specific technologies relevant to Biotin. It assesses the current state, advancements, and potential future developments in Biotin areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Biotin market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Biotin market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- 1% Biotin
- 2% Biotin
- Pure Biotin (Above 98%)
Market segment by Application
- Food
- Pharma
- Cosmetics
- Animal Feed
Major players covered
- Zhejiang Medicine
- SDM
- Hegno
- NUH
- Anhui Tiger Biotech
- Kexing Biochem
- DSM
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Biotin product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Biotin, with price, sales, revenue and global market share of Biotin from 2019 to 2024.
Chapter 3, the Biotin competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Biotin breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Biotin market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Biotin.
Chapter 14 and 15, to describe Biotin sales channel, distributors, customers, research findings and conclusion.