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D-Biotin Market worth $1,099.30 million by 2030, growing at a CAGR of 9.49% - Exclusive Report by 360iResearch
D-Biotin Market | 360iResearch
The Global D-Biotin Market to grow from USD 582.66 million in 2023 to USD 1,099.30 million by 2030, at a CAGR of 9.49%.
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D-Biotin, also known as vitamin H and B7, is a water-soluble vitamin, which is essential in maintaining skin, hair, and nail health and metabolism. It is an essential micronutrient involved in numerous biological processes such as cell growth and replication, protein synthesis, fatty acid metabolism, and glucose regulation. The rising demand for dietary supplements owing to growing health-conscious consumers is one of the major contributors to the market's expansion. In addition, the growing prevalence of biotin deficiency-related disorders, including alopecia and dermatitis, is expanding the usage of biotin-based products in medical treatments. Furthermore, the escalating utilization of biotin in cosmetic products for enhancing hair strength and promoting healthy skin is driving market growth. The adverse side effects and drug interactions due to excessive consumption or improper use of biotin-containing products hampers market growth. Increasing development of innovative plant-based sources of biotin, which helps to address the growing demand for sustainable and eco-friendly raw materials, is expected to create opportunities for market growth.
In the Americas, an increasing inclination of people toward calorie reduction and weight loss has positively impacted the need for dietary supplements in the region. The region has a significant influence in promoting health and wellness and, thus, has a substantial positive impact on the demand for dietary supplements, thereby expanding the usage of D-biotin. Increasing consumer awareness toward the importance of skincare with the changing lifestyle and increasing level of pollution is expanding the demand for D-biotin in Europe. Rising consumer preferences toward healthy lifestyles, fueling interest in nutraceuticals and functional food enriched with essential nutrients, including biotin, is expected to create a platform for market growth in Asia-Pacific. Recent initiatives such as the U.S. Food and Drug Administration's efforts to mandate folic acid fortification in corn masa flour and revise the Nutrition Facts label are contributing to the growth of the D-biotin market in the Americas.
Market Segmentation & Coverage:
This research report categorizes the D-Biotin Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Grade, market is studied across Cosmetic Grade, Food Grade, and Pharmaceutical Grade. The Cosmetic Grade is projected to witness significant market share during forecast period.
Based on Application, market is studied across Animal Feed, Food & Beverage, and Pharma & Cosmetics. The Pharma & Cosmetics is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 37.42% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the D-Biotin Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the D-Biotin Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the D-Biotin Market, highlighting leading vendors and their innovative profiles. These include Biotium, Inc., Central Drug House Pvt. Ltd., Cepham Life Sciences, Creative Enzymes, Dastech International Inc., Fengchen Group Co.,Ltd, Foodchem International Corporation, Glentham Life Sciences Limited, Hangzhou Kexing Biochem Co.,Ltd., Hugestone Enterprise Co., Ltd., Loba Chemie Pvt. Ltd., Manus Aktteva Biopharma LLP, Merck KGaA, Otto Chemie Pvt. Ltd., Parchem Fine & Specialty Chemicals, Royal DSM, Salvavidas Pharmaceutical Private Limited, Samex Overseas, Sandoo Pharmaceuticals and Chemcials Co.,Ltd., Shanghai Acebright Pharmaceuticals Group Co., Ltd., Sisco Research Laboratories Pvt. Ltd., Vizag Chemicals, VWR International, LLC by Avantor, Inc., Wellona Pharma, and Zhejiang Shengda Bio-Pharm Co., Ltd..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. D-Biotin Market, by Grade
7. D-Biotin Market, by Application
8. Americas D-Biotin Market
9. Asia-Pacific D-Biotin Market
10. Europe, Middle East & Africa D-Biotin Market
11. Competitive Landscape
12. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the D-Biotin Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the D-Biotin Market?
3. What is the competitive strategic window for opportunities in the D-Biotin Market?
4. What are the technology trends and regulatory frameworks in the D-Biotin Market?
5. What is the market share of the leading vendors in the D-Biotin Market?
6. What modes and strategic moves are considered suitable for entering the D-Biotin Market?
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