The global Biotin market was valued at 137.43 Million USD in 2021 and is projected to increase at a CAGR of .7% from 2021 to 2027.
Final Report will add the analysis of the impact of COVID-19 on this industry.
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.Animal Feed is the largest application of Biotin, which takes revenue share of 76.33% in 2019. Biotin is also widely used in Food Industry, with a market share of 12.35%. NUH is the largest supplier of Biotin in the worldwide, with market share of 32.12% in 2019. The market concentration of Biotin is quite high, with the Top 6 players take up about 81.74% of market.
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Global “Biotin Market“ report offers insights into the latest growth and trends. It summarizes key aspects of the market, with focus on leading key player’s areas that have witnessed the highest demand, leading regions and applications. It also offers qualitative as well as quantitative information regarding the factors, challenges, and opportunities that will define the growth of the market over 2022-2026, The Report Contain Many Pages With Detailed Analysis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
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Global Biotin Market: Drivers and Restrains
Biotin market is split by Type and by Application. For the period 2022-2026, the growth among segments provides accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Top Listed Manufacturers in the Biotin Market Report are:
- Zhejiang Medicine
- SDM
- Hegno
- NUH
- Anhui Tiger Biotech
- Kexing Biochem
- DSM
By the Type:
- 1% Biotin
- 2% Biotin
- Pure Biotin (>98%)
By the Application, this report covers the following segments
- Food
- Pharma
- Cosmetics
- Animal Feed
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)
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Key Indicators Analysed
Market Players and Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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