Global Vitamin-B7 (Biotin) Market Outlook 2021: Global Opportunity and Demand Analysis, Market Forecast to 2028

The global Vitamin-B7 (Biotin) market is anticipated to grow at a CAGR of 18.2% over the forecast period of 20202028. Biotin, also known as B7 or vitamin H, is a water-soluble vitamin that metabolizes fats, carbohydrates, and proteins in the body. Water-soluble vitamins such as B7 (Biotin) are not stored in the body, so daily intake of such vitamins is necessary. Biotin is useful for treating some medical conditions. Furthermore, according to the Office of Dietary Supplements (ODS), there is small evidence that biotin supplements are capable of strengthening nails and promoting healthy hair. The growing demand for biotin to treat various diseases is expected to drive the market extensively in the future. Furthermore, the increasing awareness among people to eat a balanced diet may fuel the markets growth.
Top Driver: Growing Use of Global Vitamin-B7 (Biotin) as a Nutritional Element is Anticipating Market Growth
Vitamin-B7 (Biotin) provides various health benefits, which make it an important nutrient supplement. Various research has stated that the use of biotin is effective in treating alopecia, brittle nails, impaired immune function, multiple sclerosis, and others. Biotin has proven to be an important supplement for biotin-responsive basal ganglia diseases. The rising applications of biotin in the food industry are expected to anticipate market growth widely in the future.
However, there is a significant debate on the effects of biotin on the body. It is usually taken as a dietary supplement rather than a medical treatment. Its significant use in gluconeogenesis in the body makes it a useful supplement.

The Product Type Segment Drives the Market Extensively
Based on the type, the global Vitamin-B7 (Biotin) market is segmented into 1% biotin, 2% biotin, and pure biotin. Pure biotin is mainly used in the cosmeceutical and pharmaceutical industries, while 1% and 2% biotin are widely used in the animal feed and food industry. Because of their use in the food industry, 1% and 2% biotin accounted for the largest market shares.
On the basis of application, the market is segmented into the food industry, the pharmaceutical industry, and others. The food segment is expected to hold the largest market share and is driving the market towards growth. Various food companies are introducing innovative products in the food industry, including biotin, claiming nutritional benefits, which is ultimately driving the market.
Asia-Pacific is expected to be the fastest-growing region.

Asia-Pacific accounted for the largest market share in the biotin industry owing to its huge production in regions such as China. Zhejiang Medicine Company is known to be the largest biotin producer in the world. Other large-scale manufacturing companies, on the other hand, are fierce competitors. North America accounted for the second-largest share, owing to the increasing technological advancements and a growing pharmaceutical sector. Furthermore, Europe accounted for the third-largest share of the market and is expected to grow immensely in the forecast period.
Players will concentrate on developing innovative products and improving R&D facilities for large-scale production.
The global Vitamin-B7 (Biotin) market is expected to grow with a significant CAGR due to the presence of various companies, including Zhejiang Medicine, Hegno, NUH, Kexing Biochem, SDM, Shanghai Acebright, Anhui Tiger Biotech, and DSM, among others.

The increasing facts related to biotin or vitamin B7 for medical conditions have triggered various companies to release products containing biotin. However, the high cost of production and the complex process of generating vitamin products has been a challenge for various market players. Therefore, companies are engaging in the development of innovative products and are expected to invest in the Rand D department.

Scope of the Report

By Product Type
1%Vitamin-B7(Biotin)
2%Vitamin-B7(Biotin)
Pure Biotin (below 98%)
Others

By Application
Food
Pharmaceutical Industry
Others

By Region
North America
Europe
Asia Pacific
Rest of the World

Key Reasons to Purchase this Report
1. It provides a technological development map over time to understand the growth rate of the industry.
2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
3. It renders a definite analysis for changing competitive dynamics.
4. It builds a seven-year estimate based on how the market is predicted to grow.
Chapter 1 Overview And Scope
1.1 Market Vision
1.1.1 Market Definition
1.1.2 Market Scope
1.2 Market Segmentation

Chapter 2 Our Research Practice
2.1 Our Research Methodology
2.2 Data Triangulation
2.3 Data Sources
2.4 Assumptions for the study
2.5 Approach Adopted

Chapter 3 Executive Summary
3.1 Market Snapshot
3.2 Regional Snapshot
3.3 Segment Summary

Chapter 4 Covid-19 Impact Analysis
4.1 Overview
4.2 Prevalence analysis
4.3 Key Factor Impact Analysis

Chapter 5 Global Vitamin-B7 (Biotin) Market Forces
5.1 Whats Driving the Market
5.2 Porters Five Forces Analysis
5.2.1 Power of Suppliers
5.2.2 Threats From New Entrants
5.2.3 Power of Buyer
5.2.4 Threat From Substitute Product
5.2.5 Degree of Competition

Chapter 6 Global Vitamin-B7 (Biotin) Market -Industry Snapshots
6.1 Overview
6.1.1 Global Vitamin-B7 (Biotin) Market Value, 2019 - 2028, (US$ Bn)
6.2 Market Overview
6.2.1 Drivers Analysis
6.2.2 Restraint/Challenges analysis
6.2.3 Opportunity Analysis
6.3 Supply Chain/Value Chain Analysis
6.4 Market SWOT Analysis

Chapter 7 Global Vitamin-B7 (Biotin) Market Analysis, by Type
7.1 Overview
7.2 Key Findings for Vitamin-B7 (Biotin) Market- By Type
7.2.1 Vitamin-B7 (Biotin) Market- 1%Vitamin-B7(Biotin)
7.2.2 Vitamin-B7 (Biotin) Market- 2%Vitamin-B7(Biotin)
7.2.3 Vitamin-B7 (Biotin) Market- Pure Biotin (below 98%)
7.2.4 Vitamin-B7 (Biotin) Market- Others

Chapter 8 Global Vitamin-B7 (Biotin) Market Analysis, by Application
8.1 Overview
8.2 Key Findings for Vitamin-B7 (Biotin) Market- By Application
8.2.1 Vitamin-B7 (Biotin) Market- Food
8.2.2 Vitamin-B7 (Biotin) Market- Pharmaceutical Industry
8.2.3 Vitamin-B7 (Biotin) Market- Others

Chapter 9 Vitamin-B7 (Biotin) Market Analysis by Region
9.1 Key Findings for Vitamin-B7 (Biotin) Market- By region
9.2 Overview
9.2.1 Global Vitamin-B7 (Biotin) Market Analysis, By Type, 2019 - 2028
9.2.2 Global Vitamin-B7 (Biotin) Market Analysis, By Application, 2019 - 2028
9.3 Vitamin-B7 (Biotin) Market North America
9.3.1 Overview
9.3.2 U.S.
9.3.3 Canada
9.3.4 Mexico
9.3.5 North America Market, By Type
9.3.6 North America Market, By Application
9.4 Vitamin-B7 (Biotin) Market Europe
9.4.1 Overview
9.4.2 Germany
9.4.3 United Kingdom
9.4.4 France
9.4.5 Italy
9.4.6 Rest Of Europe
9.4.7 Europe Market, By Type
9.4.8 Europe Market, By Application
9.5 Vitamin-B7 (Biotin) Market Asia Pacific
9.5.1 Overview
9.5.2 China
9.5.3 Japan
9.5.4 India
9.5.5 Rest of APAC
9.5.6 Asia Pacific Market, By Type
9.5.7 Asia Pacific Market, By Application
9.6 Vitamin-B7 (Biotin) Market Rest Of World
9.6.1 Overview
9.6.2 Middle East & Africa (MEA)
9.6.3 Latin America
9.6.4 Rest Of World
9.6.5 Latin America, Middle East and Africa Market, By Type
9.6.6 Latin America, Middle East and Africa Market, By Application

Chapter 10 Market Competition Analysis
10.1 Market Share/Positioning Analysis
10.1.1 Market Positioning of Key Vendors, 2019
10.1.2 Key Strategies Adopted by the Leading Players
10.1.3 Recent Developments

Chapter 11 Company Profiles- Snapshot
11.1 Zhejiang Medicine
11.1.1 Business Fundamentals
11.1.2 Financial Snapshots
11.1.3 Product Portfolio
11.1.4 Recent Developments
11.2 Hegno
11.3 NUH
11.4 Kexing Biochem
11.5 SDM
11.6 Shanghai Acebright
11.7 Anhui Tiger Biotech
11.8 DSM
*More than 10 Companies are profiled in this Research Report*
*Financials would be provided on a best efforts basis for private companies

Chapter 12 Appendix

List Of Tables

TABLE 1 Vitamin-B7 (Biotin) market by Type 1, 2019 - 2028 (USD Million)
TABLE 2 Vitamin-B7 (Biotin) market by Type 2, 2019 - 2028 (USD Million)
TABLE 3 Vitamin-B7 (Biotin) market by Type 3, 2019 - 2028 (USD Million)
TABLE 4 Vitamin-B7 (Biotin) market by Type 4, 2019 - 2028 (USD Million)
TABLE 5 Vitamin-B7 (Biotin) market by Application 1, 2019 - 2028 (USD Million)
TABLE 6 Vitamin-B7 (Biotin) market by Application 2, 2019 - 2028 (USD Million)
TABLE 7 Vitamin-B7 (Biotin) market by Application 3, 2019 - 2028 (USD Million)
TABLE 8 Global Vitamin-B7 (Biotin) Market Value, By Type, 2019 - 2028 (US$ Bn)
TABLE 9 Global Vitamin-B7 (Biotin) Market Value, By Application, 2019 - 2028 (US$ Bn)
TABLE 10 Vitamin-B7 (Biotin) Market Analysis by North America (USD Million), 2019 - 2028
TABLE 11 U.S. Vitamin-B7 (Biotin) Market, 2019 - 2028 (USD Million)
TABLE 12 U.S. Vitamin-B7 (Biotin) Market, By Type, 2019 - 2028 (USD Million)
TABLE 13 U.S. Vitamin-B7 (Biotin) Market, By Application, 2019 - 2028 (USD Million)
TABLE 14 Canada Vitamin-B7 (Biotin) Market, 2019 - 2028 (USD Million)
TABLE 15 Canada Vitamin-B7 (Biotin) Market, By Type, 2019 - 2028 (USD Million)
TABLE 16 Canada Vitamin-B7 (Biotin) Market, By Application, 2019 - 2028 (USD Million)
TABLE 17 Mexico Vitamin-B7 (Biotin) Market, 2019 - 2028 (USD Million)
TABLE 18 Mexico Vitamin-B7 (Biotin) Market, By Type, 2019 - 2028 (USD Million)
TABLE 19 Mexico Vitamin-B7 (Biotin) Market, By Application, 2019 - 2028 (USD Million)
TABLE 20 Vitamin-B7 (Biotin) Market Analysis by Europe (USD Million), 2019 - 2028
TABLE 21 Germany Vitamin-B7 (Biotin) Market, 2019 - 2028 (USD Million)
TABLE 22 Germany Vitamin-B7 (Biotin) Market, By Type, 2019 - 2028 (USD Million)
TABLE 23 Germany Vitamin-B7 (Biotin) Market, By Application, 2019 - 2028 (USD Million)
TABLE 24 United Kingdom Vitamin-B7 (Biotin) Market, 2019 - 2028 (USD Million)
TABLE 25 United Kingdom Vitamin-B7 (Biotin) Market, By Type, 2019 - 2028 (USD Million)
TABLE 26 United Kingdom Vitamin-B7 (Biotin) Market, By Application, 2019 - 2028 (USD Million)
TABLE 27 France Vitamin-B7 (Biotin) Market, 2019 - 2028 (USD Million)
TABLE 28 France Vitamin-B7 (Biotin) Market, By Type, 2019 - 2028 (USD Million)
TABLE 29 France Vitamin-B7 (Biotin) Market, By Application, 2019 - 2028 (USD Million)
TABLE 30 Italy Vitamin-B7 (Biotin) Market, 2019 - 2028 (USD Million)
TABLE 31 Italy Vitamin-B7 (Biotin) Market, By Type, 2019 - 2028 (USD Million)
TABLE 32 Italy Vitamin-B7 (Biotin) Market, By Application, 2019 - 2028 (USD Million)
TABLE 33 Rest Of Europe Vitamin-B7 (Biotin) Market, 2019 - 2028 (USD Million)
TABLE 34 Rest Of Europe Vitamin-B7 (Biotin) Market, By Type, 2019 - 2028 (USD Million)
TABLE 35 Rest Of Europe Vitamin-B7 (Biotin) Market, By Application, 2019 - 2028 (USD Million)
TABLE 36 Vitamin-B7 (Biotin) Market Analysis by Asia Pacific (USD Million), 2019 - 2028
TABLE 37 China Vitamin-B7 (Biotin) Market, 2019 - 2028 (USD Million)
TABLE 38 China Vitamin-B7 (Biotin) Market, By Type, 2019 - 2028 (USD Million)
TABLE 39 China Vitamin-B7 (Biotin) Market, By Application, 2019 - 2028 (USD Million)
TABLE 40 Japan Vitamin-B7 (Biotin) Market, 2019 - 2028 (USD Million)
TABLE 41 Japan Vitamin-B7 (Biotin) Market, By Type, 2019 - 2028 (USD Million)
TABLE 42 Japan Vitamin-B7 (Biotin) Market, By Application, 2019 - 2028 (USD Million)
TABLE 43 India Vitamin-B7 (Biotin) Market, 2019 - 2028 (USD Million)
TABLE 44 India Vitamin-B7 (Biotin) Market, By Type, 2019 - 2028 (USD Million)
TABLE 45 India Vitamin-B7 (Biotin) Market, By Application, 2019 - 2028 (USD Million)
TABLE 46 Rest of APAC Vitamin-B7 (Biotin) Market, 2019 - 2028 (USD Million)
TABLE 47 Rest of APAC Vitamin-B7 (Biotin) Market, By Type, 2019 - 2028 (USD Million)
TABLE 48 Rest of APAC Vitamin-B7 (Biotin) Market, By Application, 2019 - 2028 (USD Million)
TABLE 49 Vitamin-B7 (Biotin) Market Analysis by Rest Of World (USD Million), 2019 - 2028
TABLE 50 Middle East & Africa (MEA) Vitamin-B7 (Biotin) Market, 2019 - 2028 (USD Million)
TABLE 51 Middle East & Africa (MEA) Vitamin-B7 (Biotin) Market, By Type, 2019 - 2028 (USD Million)
TABLE 52 Middle East & Africa (MEA) Vitamin-B7 (Biotin) Market, By Application, 2019 - 2028 (USD Million)
TABLE 53 Latin America Vitamin-B7 (Biotin) Market, 2019 - 2028 (USD Million)
TABLE 54 Latin America Vitamin-B7 (Biotin) Market, By Type, 2019 - 2028 (USD Million)
TABLE 55 Latin America Vitamin-B7 (Biotin) Market, By Application, 2019 - 2028 (USD Million)
TABLE 56 Rest Of World Vitamin-B7 (Biotin) Market, 2019 - 2028 (USD Million)
TABLE 57 Rest Of World Vitamin-B7 (Biotin) Market, By Type, 2019 - 2028 (USD Million)
TABLE 58 Rest Of World Vitamin-B7 (Biotin) Market, By Application, 2019 - 2028 (USD Million)

List Of Figures

FIG. 1 Global Vitamin-B7 (Biotin): Market Segmentation
FIG. 2 Global Vitamin-B7 (Biotin) Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Market Snapshot
FIG. 5 Porters Five Forces Analysis
FIG. 6 Global Vitamin-B7 (Biotin) Market Value, 2019 - 2028, (US$ Bn)
FIG. 7 Supply Chain/Value Chain Analysis
FIG. 8 Global Vitamin-B7 (Biotin) Market Value Contribution, By Type, 2019 & 2026 (%)
FIG. 9 Global Vitamin-B7 (Biotin) Market Value Contribution, By Application, 2019 & 2026 (%)
FIG. 10 Global Vitamin-B7 (Biotin) Market Value, 2019 - 2028, (US$ Bn)
FIG. 11 North America Vitamin-B7 (Biotin) Market Value, 2019 - 2028, (US$ Bn)
FIG. 12 Vitamin-B7 (Biotin) Market Segment 1 North America
FIG. 13 Vitamin-B7 (Biotin) Market Segment 2 North America
FIG. 14 Vitamin-B7 (Biotin) U.S. outlook, 2019 & 2026
FIG. 15 Vitamin-B7 (Biotin) Canada outlook, 2019 & 2026
FIG. 16 Vitamin-B7 (Biotin) Mexico outlook, 2019 & 2026
FIG. 17 Europe Vitamin-B7 (Biotin) Market Value, 2019 - 2028, (US$ Bn)
FIG. 18 Vitamin-B7 (Biotin) Market Segment 1 Europe
FIG. 19 Vitamin-B7 (Biotin) Market Segment 2 Europe
FIG. 20 Vitamin-B7 (Biotin) Germany outlook, 2019 & 2026
FIG. 21 Vitamin-B7 (Biotin) United Kingdom outlook, 2019 & 2026
FIG. 22 Vitamin-B7 (Biotin) France outlook, 2019 & 2026
FIG. 23 Vitamin-B7 (Biotin) Italy outlook, 2019 & 2026
FIG. 24 Vitamin-B7 (Biotin) Rest Of Europe outlook, 2019 & 2026
FIG. 25 Asia Pacific Vitamin-B7 (Biotin) Market Value, 2019 - 2028, (US$ Bn)
FIG. 26 Vitamin-B7 (Biotin) Market Segment 1 Asia Pacific
FIG. 27 Vitamin-B7 (Biotin) Market Segment 2 Asia Pacific
FIG. 28 Vitamin-B7 (Biotin) China outlook, 2019 & 2026
FIG. 29 Vitamin-B7 (Biotin) Japan outlook, 2019 & 2026
FIG. 30 Vitamin-B7 (Biotin) India outlook, 2019 & 2026
FIG. 31 Vitamin-B7 (Biotin) Rest of APAC outlook, 2019 & 2026
FIG. 32 Rest Of World Vitamin-B7 (Biotin) Market Value, 2019 - 2028, (US$ Bn)
FIG. 33 Vitamin-B7 (Biotin) Market Segment 1 Rest Of World
FIG. 34 Vitamin-B7 (Biotin) Market Segment 2 Rest Of World
FIG. 35 Vitamin-B7 (Biotin) Middle East & Africa (MEA) outlook, 2019 & 2026
FIG. 36 Vitamin-B7 (Biotin) Latin America outlook, 2019 & 2026
FIG. 37 Vitamin-B7 (Biotin) Rest Of World outlook, 2019 & 2026

Companies Mentioned

Zhejiang Medicine
SDM
Hegno
NUH
Anhui Tiger Biotech
Kexing Biochem
DSM

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