Vitamin H Market (Biotin) Key Players, Size, Share, Demands, Growth Rate and Forecasts to 2023-2029

The global Vitamin H (Biotin) market size was valued at USD 170.6 million in 2022 and is forecast to a readjusted size of USD 213.5 million by 2029 with a CAGR of 3.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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Market segmentation
Vitamin H (Biotin) market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
- 1% Biotin
- 2% Biotin
- Pure Biotin (>98%)
- Other

Market segment by Application
- Animal Feed
- Pharma
- Cosmetics
- Food

Major players covered
- Zhejiang Medicine
- SDM
- Hegno
- NUH
- Anhui Tiger Biotech
- Kexing Biochem
- DSM

Vitamin H, also known as Biotin, is a water-soluble vitamin that plays a crucial role in maintaining healthy skin, hair, and nails, as well as in the metabolism of carbohydrates, fats, and proteins. It is commonly found in foods such as eggs, nuts, and whole grains.

The global vitamin H (biotin) market is primarily driven by the growing awareness of the importance of maintaining a healthy lifestyle and the increasing demand. Biotin supplements are widely used to support healthy skin, hair, and nails, as well as to promote overall health and well-being.

In addition, the use of biotin in the food and beverage industry as a fortifying agent has contributed to the growth of the market. Biotin is added to a variety of products, including infant formula, dairy products, and baked goods, to increase their nutritional value.

However, the growth of the vitamin H (biotin) market may be limited by factors such as the potential for adverse effects with high doses, the availability of substitutes, and the cost of production. Some potential substitutes for biotin include other B vitamins and natural remedies, such as herbs and essential oils.

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Overall, the vitamin H (biotin) market is expected to continue to grow at a moderate rate in the coming years, driven by the increasing awareness of the importance of maintaining a healthy lifestyle fortified foods. The market may also be driven by the development of new biotin-based products and the increasing use of biotin in the animal feed industry.

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