According to our (Global Info Research) latest study, the global Vitamin H (Biotin) market size was valued at USD 170.6 million in 2023 and is forecast to a readjusted size of USD 213.5 million by 2030 with a CAGR of 3.3% 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 Vitamin H (Biotin) industry chain, the market status of Animal Feed (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 Vitamin H (Biotin).
Regionally, the report analyzes the Vitamin H (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 Vitamin H (Biotin) market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Vitamin H (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 Vitamin H (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 Vitamin H (Biotin) market.
Regional Analysis: The report involves examining the Vitamin H (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 Vitamin H (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 Vitamin H (Biotin):
Company Analysis: Report covers individual Vitamin H (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 Vitamin H (Biotin) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Animal Feed, Pharma).
Technology Analysis: Report covers specific technologies relevant to Vitamin H (Biotin). It assesses the current state, advancements, and potential future developments in Vitamin H (Biotin) areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Vitamin H (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
Vitamin H (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 (>98%)
Other
Market segment by Application
Animal Feed
Pharma
Cosmetics
Food
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 Vitamin H (Biotin) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Vitamin H (Biotin), with price, sales, revenue and global market share of Vitamin H (Biotin) from 2019 to 2024.
Chapter 3, the Vitamin H (Biotin) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Vitamin H (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 Vitamin H (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 Vitamin H (Biotin).
Chapter 14 and 15, to describe Vitamin H (Biotin) sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Vitamin H (Biotin). Industry analysis & Market Report on Vitamin H (Biotin) is a syndicated market report, published as Global Vitamin H (Biotin) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Vitamin H (Biotin) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.