< Key Hightlight >

The global Biotin market was valued at 137.43 Million USD in 2020 and will grow with a CAGR of .7% from 2020 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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.

By Market Verdors:
Zhejiang Medicine
SDM
Hegno
NUH
Anhui Tiger Biotech
Kexing Biochem
DSM

By Types:
1% Biotin
2% Biotin
Pure Biotin (>98%)

By Applications:
Food
Pharma
Cosmetics
Animal Feed

Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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