Global Biotin Market Overview:
Biotin is a vitamin B bubble that helps in converting food into energy and helps in providing various types of vitamins to the body. It helps in improving hair and skin treatments, enables them in regenerating. Majorly these are consumed by pregnant women’s. The commonly recommended intake of these drugs is 5 mcg (micrograms) per day in infants and 30 mcg in adults. Rising trend of people keeping good care of hairs and skin is driving the industry.
Growth Drivers
- Increasing Deficiency of Vitamins H/B in Pregnant Women’s
- Increasing Adoption of Biotin Products among Consumes Globally
Roadblocks
- Rising International Market Prices for Biotin Products
Opportunities
- Growing Awareness Regarding Benefits Associated with Biotin such as Improved Skin, Food Conversion into Glucose
- Rising Health Awareness among the Masses has led to Adoption of such Ingredients as both Food and Health
Challenges
- Issues Related Towards the Side Effects of these Biotins
- Rising Competition in the Market is also a Challenge to this Industry
Competitive Landscape:
Some of the key players profiled in the report are Zhejiang Medicine (China), Hegno (China), Shanghai Acebright (China), Anhui Tiger Biotech (China), Kexing Biochem (China) and DSM (The Netherlands). Analyst at AMA Research see China Players to retain maximum share of Global Biotin market by 2026. Considering Market by Biotin Type, the sub-segment i.e. 1% D-Biotin (Vitamin H) will boost the Biotin market.
On 2nd April 2019, Herbaland launched Vegan Collagen Booster Gummies. Collagen, an essential protein, has gained popularity in recent years due to its ability to help maintain healthy skin and prevent aging.
What Can be Explored with the Biotin Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Biotin Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Biotin
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Biotin market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Biotin market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Potential Investors, Up and Down Stream Vendors, Private Research Organizations, Suppliers and Distributors and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.