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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.
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.
Market Analysis and Insights: Global Biotin Market
The global Biotin market was valued at US$ 157.2 in 2020 and will reach US$ 163.9 million by the end of 2027, growing at a CAGR of 0.7% during 2022-2027.
Global Biotin Scope and Market Size
The global Biotin market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Biotin market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
1% Biotin
2% Biotin
Pure Biotin (>98%)
Others
Segment by Application
Food
Pharma
Cosmetics
Animal Feed
The Biotin market is analysed and market size information is provided by regions (countries). Segment by Application, the Biotin market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Zhejiang Medicine
SDM
Hegno
NUH
Anhui Tiger Biotech
Kexing Biochem
DSM
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.
Market Analysis and Insights: Global Biotin Market
The global Biotin market was valued at US$ 157.2 in 2020 and will reach US$ 163.9 million by the end of 2027, growing at a CAGR of 0.7% during 2022-2027.
Global Biotin Scope and Market Size
The global Biotin market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Biotin market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
1% Biotin
2% Biotin
Pure Biotin (>98%)
Others
Segment by Application
Food
Pharma
Cosmetics
Animal Feed
The Biotin market is analysed and market size information is provided by regions (countries). Segment by Application, the Biotin market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Zhejiang Medicine
SDM
Hegno
NUH
Anhui Tiger Biotech
Kexing Biochem
DSM
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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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