Monday, 4 February 2019

Biotin Market Research 2019- Opportunities and Growing Demand 2024


4 February 2019: The Global Biotin Market is expected to witness rapid growth in the near future due to the increasing demand for biotin products by end-user industries across the globe. Factors responsible for the market growth include rising awareness regarding benefits of biotin products and ability of biotin to activate production of protein and amino acid metabolism in the fingernail cells and hair roots.


Advantages of the biotin includes skin-softening characteristics, food conversion into glucose, and production of fatty acids. These factors strengthen the market in the forecast period. Globally, the biotin market is predicted to grow at CAGR of 7.68% in forecast period, providing numerous opportunities for market players to invest in research and development of the biotin market.


Increasing popularity of the biotin supplements is attributed to its capability of fostering hair and nail growth, thus causing nails thicker and less brittle, thus driving the market demand for biotin-based products in the forecast period. Increasing use of biotin in the ingredient-based products is anticipated to boost market growth as well. Moreover, growing health consciousness among the general population across the globe is leading to increasing adoption of ingredient-based products in both food and health supplement, thereby propelling the growth of biotin market, in the last few years.
Biotin is commonly known as a water-soluble B vitamin, also termed as vitamin-B seven. Biotin formerly called as vitamin H due its similarities with coenzyme R. Biotin deficiency can cause effects such as hair thinning and skin rashes, particularly visible on the face of patient. Lack of vitamin-B seven intake and hereditary disorders leads to biotin deficiency, thereby affecting biotin metabolism.


Biotin is considered as a crucial part of enzymes that performs metabolism of fats and carbohydrates, thus directly affecting cell growth and protein synthesis. Biotin performs various actions involving metabolic reactions such as transfer of carbon dioxide. Biotin is also useful in monitoring a blood sugar level. Other benefits of biotin is include adoption in dietary supplement for reinforcing hair and nail growth.
The key players in the biotin market are DSM Sinochem Pharmaceuticals, Zhejiang Medicine Co., Ltd., Takeda Pharmaceutical Company Ltd., F. Hoffmann-La Roche AG, Biocar Co., Zhejiang Shengda Bio-pharm Co., Ltd., BASF Co., Allwell Industries Co., Ltd., Fuyang Kexing Biochem Co., Ltd., and Shanghai Acebright Pharmaceuticals Group Co., Limited.

Get in touch
At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person:
Ryan Manuel
Research Support Specialist, USA

Million Insights
Office No. 302, 3rd Floor, Manikchand Galleria,
Model Colony, Shivaji Nagar, Pune, MH, 411016 India
tel: 91-20-65300184



No comments:

Post a Comment