D-Biotin Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030 (Recession Impact Analysis)
ID : MRU_
114046 | Date :
Feb, 2023 | Pages :
182 | Region : Global |
Publisher : Ri research
The report offers detailed coverage of D-Biotin industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading D-Biotin by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
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.
This report studies the Biotin market, 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.
There are 1%, 2% and original pure (>98%). 1% and 2% Biotin are used in Animal Feed and food, while sometimes for feed, and original pure for Pharma & Cosmetics. Animal Feed is the largest application of Biotin, which takes market share of 78.92% in 2016 in terms of sales volume. Biotin is also widely used in Pharma & Cosmetics market, with a market share of 15.08%.
Commercial production of Biotin is only realized for D- Biotin. DL- Biotin is not manufactured in large scale in the worldwide. The Biotin production is in China. Leading suppliers in China, Zhejiang Medicine Company, NHU, SDM and Hegno. Zhejiang Medicine Company is the largest supplier of Biotin in the worldwide, with market share of 27.63% in 2016. The market concentration of Biotin is quite high, with the top 8 suppliers take more than 98% of market. The additive ratio of Biotin is low in downstream market, which means the manufacturers have bargaining rights over downstream users.
The report forecast global D-Biotin market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.
First, this report covers the present status and the future prospects of the global D-Biotin market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
At the same time, we classify D-Biotin according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows: Market by Order Type
1% Biotin
2% Biotin
Pure Biotin (>98%)
Other Market by Application
Food
Pharma & Cosmetics
Animal Feed
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the D-Biotin market for the forecast period 2023 - 2030?
• What are the driving forces in the D-Biotin market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the D-Biotin industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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