Biotin Supplement Market By Product Form, By Distributional Channel, By Application : Global Opportunity Analysis and Industry Forecast, 2021-2031

Description

List of Tables

The biotin supplement market was valued at $583.4 million in 2021 and is projected to reach $1,410.9 million by 2031, registering a CAGR of 9.1% from 2022 to 2031. In 2021, the capsule biotin supplements segment accounted for the majority of the total biotin supplements market. Vitamin B-7 Biotin, also known as vitamin H, is an essential nutrient that is a water-soluble vitamin that is found naturally in some foods and is also available as a dietary supplement. It aids in the treatment of biotin deficiency as well as the care of hair, skin, and nails.

Biotins are naturally derived chemicals that we require for processes such as growth, reproduction, and overall health. The increased preference for biotins in the daily diet for self-care has emerged as an important component of modern customers' lifestyle. The increased emphasis on health and immunity has resulted in a significant shift in consumer food habits. There has been an increase in the use of biotins, minerals, and foods that boost immunity, organic goods, supplements, and other dietary aids. According to the National Library of Medicine, biotin deficiency causes a variety of clinical manifestations, the most common of which are neurological and dermal abnormalities. Biotinidase deficiency is the most common aetiology in many countries, including the United States, and screening for biotinidase deficiency is part of the newborn screening programme. In addition, as a result of COVID-19, people began focusing on their diet in order to improve their immunity. Such factors are expected to drive the biotin supplements market forward.

Many foods contain biotin. Biotin levels can be obtained by eating a variety of foods such as meat, fish, eggs, organ meats (such as liver), seeds, and nuts. The surge in demand for organic food may stymie the growth of the biotin supplements market because, according to the National Institutes of Health Office of Dietary Supplements, biotin, a B biotin, is an essential nutrient that is naturally present in some foods, so consuming food eliminates the need for biotin supplements. Animal-based protein sources with high biotin content include beef liver, chicken liver, salmon, and eggs, and the rise in demand for organic animal-based protein, as well as an increase in health consciousness and awareness about healthy food habits among the global population, is encouraging consumers to choose organic food products, which may impede market growth.

An online pharmacy is a vendor who sells medicines over the internet, and it includes both legitimate and illegitimate pharmacies. Biotin supplements can be easily purchased online by consumers. Because it offers home delivery and allows them to learn about the product's distribution channel while sitting at home. The number of online pharmacies is rapidly increasing around the world. Consumers can take advantage of various offers and discounts from online pharmacies such as Apollo, Netmeds, Pharmeasy, and others. A surge in the number of online pharmacies will provide opportunities for market growth. According to an Invest India report, Indian e-pharmacies that emerged around 2015 disrupted the market and gained traction quickly. There are currently close to 50 e-Pharmacies in India, with estimates putting the market size (2019) at $0.5 billion, or approximately 2-3% of total Indian pharmacy sales. The market is expected to grow at a compounded rate of 44% to $4.5 billion by 2025. Such an increase in e-pharmacies is expected to create a significant opportunity for market growth.

The biotin supplement market is segmented on the basis of form, distributional channel, application, and region. By form, the market is divided into capsules, tablets, soft gels, liquid, gummies, and powders. By distributional channel, the market is further divided into supermarkets, specialty stores, and e-commerce. By application, the market is classified into pharmaceuticals, skin-care, health-care, and nail-care. By region, the market is analyzed across North America (U.S., Canada, Mexico), Europe (France, Germany, Italy, Spain, UK, Russia, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Thailand, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, UAE, and rest of LAMEA).

Some of the major players analyzed in this report are: Church & Dwight Co. Inc.,, Designs for Health, Inc., Doctor's Best Inc., LIfe Extension, Nestle S.A., Neutraceutical Corporation, NOW Health Group, Inc., SBR Nutrition, SolaGarden Naturals, Sports Reseach Corporation, Vytalogy Wellness, L.L..C., Zenwise, LLC.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the biotin supplement market analysis from 2021 to 2031 to identify the prevailing biotin supplement market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the biotin supplement market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global biotin supplement market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Distributional Channel

Supermarkets/Hypermarkets
Specialty store
E-commerce

By Application

Nail-care
Pharmaceutical
Skin-care
Hair-care

By Product Form

Capsules
Tablets
Soft Gels
Liquid
Gummies
Powders

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Thailand
- Rest of Asia-Pacific
LAMEA
- Brazil
- South Africa,
- Saudi Arabia
- UAE
- Rest of LAMEA

Key Market Players

Church & Dwight Co., Inc.
Nestle S.A.
Nutraceutical Corporation
Vytalogy Wellness, L.L.C.
Zenwise, LLC
SBR Nutrition
Doctor's Best, Inc.
Sports Research Corporation
NOW Health Group, Inc.
Life Extension
Designs for Health, Inc.
SolaGarden Naturals

Product Code: A10616

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low bargaining power of buyers
- 3.3.3. Low threat of substitutes
- 3.3.4. Low threat of new entrants
- 3.3.5. Low intensity of rivalry
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Interference with certain lab tests
  - 3.4.1.2. Increase in demand for organic food
- 3.4.2. Restraints
  - 3.4.2.1. Rise in awareness regarding biotin supplements
  - 3.4.2.2. Increased healthcare cost
  - 3.4.2.3. Increase in preference regarding biotins in the daily diet
- 3.4.3. Opportunities
  - 3.4.3.1. Rise in number of online pharmacies
  - 3.4.3.2. Rise in alcohol consumption
3.5. COVID-19 Impact Analysis on the market

CHAPTER 4: BIOTIN SUPPLEMENT MARKET, BY PRODUCT FORM

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Capsules
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Tablets
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Soft Gels
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
4.5. Liquid
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
4.6. Gummies
- 4.6.1. Key market trends, growth factors and opportunities
- 4.6.2. Market size and forecast, by region
- 4.6.3. Market share analysis by country
4.7. Powders
- 4.7.1. Key market trends, growth factors and opportunities
- 4.7.2. Market size and forecast, by region
- 4.7.3. Market share analysis by country

CHAPTER 5: BIOTIN SUPPLEMENT MARKET, BY DISTRIBUTIONAL CHANNEL

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Supermarkets/Hypermarkets
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Specialty store
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
5.4. E-commerce
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country

CHAPTER 6: BIOTIN SUPPLEMENT MARKET, BY APPLICATION

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Pharmaceutical
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Skin-care
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
6.4. Hair-care
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
6.5. Nail-care
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country

CHAPTER 7: BIOTIN SUPPLEMENT MARKET, BY REGION

7.1. Overview
- 7.1.1. Market size and forecast By Region
7.2. North America
- 7.2.1. Key trends and opportunities
- 7.2.2. Market size and forecast, by Product Form
- 7.2.3. Market size and forecast, by Distributional Channel
- 7.2.4. Market size and forecast, by Application
- 7.2.5. Market size and forecast, by country
  - 7.2.5.1. U.S.
  - 7.2.5.1.1. Key market trends, growth factors and opportunities
  - 7.2.5.1.2. Market size and forecast, by Product Form
  - 7.2.5.1.3. Market size and forecast, by Distributional Channel
  - 7.2.5.1.4. Market size and forecast, by Application
  - 7.2.5.2. Canada
  - 7.2.5.2.1. Key market trends, growth factors and opportunities
  - 7.2.5.2.2. Market size and forecast, by Product Form
  - 7.2.5.2.3. Market size and forecast, by Distributional Channel
  - 7.2.5.2.4. Market size and forecast, by Application
  - 7.2.5.3. Mexico
  - 7.2.5.3.1. Key market trends, growth factors and opportunities
  - 7.2.5.3.2. Market size and forecast, by Product Form
  - 7.2.5.3.3. Market size and forecast, by Distributional Channel
  - 7.2.5.3.4. Market size and forecast, by Application
7.3. Europe
- 7.3.1. Key trends and opportunities
- 7.3.2. Market size and forecast, by Product Form
- 7.3.3. Market size and forecast, by Distributional Channel
- 7.3.4. Market size and forecast, by Application
- 7.3.5. Market size and forecast, by country
  - 7.3.5.1. Germany
  - 7.3.5.1.1. Key market trends, growth factors and opportunities
  - 7.3.5.1.2. Market size and forecast, by Product Form
  - 7.3.5.1.3. Market size and forecast, by Distributional Channel
  - 7.3.5.1.4. Market size and forecast, by Application
  - 7.3.5.2. France
  - 7.3.5.2.1. Key market trends, growth factors and opportunities
  - 7.3.5.2.2. Market size and forecast, by Product Form
  - 7.3.5.2.3. Market size and forecast, by Distributional Channel
  - 7.3.5.2.4. Market size and forecast, by Application
  - 7.3.5.3. UK
  - 7.3.5.3.1. Key market trends, growth factors and opportunities
  - 7.3.5.3.2. Market size and forecast, by Product Form
  - 7.3.5.3.3. Market size and forecast, by Distributional Channel
  - 7.3.5.3.4. Market size and forecast, by Application
  - 7.3.5.4. Italy
  - 7.3.5.4.1. Key market trends, growth factors and opportunities
  - 7.3.5.4.2. Market size and forecast, by Product Form
  - 7.3.5.4.3. Market size and forecast, by Distributional Channel
  - 7.3.5.4.4. Market size and forecast, by Application
  - 7.3.5.5. Spain
  - 7.3.5.5.1. Key market trends, growth factors and opportunities
  - 7.3.5.5.2. Market size and forecast, by Product Form
  - 7.3.5.5.3. Market size and forecast, by Distributional Channel
  - 7.3.5.5.4. Market size and forecast, by Application
  - 7.3.5.6. Russia
  - 7.3.5.6.1. Key market trends, growth factors and opportunities
  - 7.3.5.6.2. Market size and forecast, by Product Form
  - 7.3.5.6.3. Market size and forecast, by Distributional Channel
  - 7.3.5.6.4. Market size and forecast, by Application
  - 7.3.5.7. Rest of Europe
  - 7.3.5.7.1. Key market trends, growth factors and opportunities
  - 7.3.5.7.2. Market size and forecast, by Product Form
  - 7.3.5.7.3. Market size and forecast, by Distributional Channel
  - 7.3.5.7.4. Market size and forecast, by Application
7.4. Asia-Pacific
- 7.4.1. Key trends and opportunities
- 7.4.2. Market size and forecast, by Product Form
- 7.4.3. Market size and forecast, by Distributional Channel
- 7.4.4. Market size and forecast, by Application
- 7.4.5. Market size and forecast, by country
  - 7.4.5.1. China
  - 7.4.5.1.1. Key market trends, growth factors and opportunities
  - 7.4.5.1.2. Market size and forecast, by Product Form
  - 7.4.5.1.3. Market size and forecast, by Distributional Channel
  - 7.4.5.1.4. Market size and forecast, by Application
  - 7.4.5.2. Japan
  - 7.4.5.2.1. Key market trends, growth factors and opportunities
  - 7.4.5.2.2. Market size and forecast, by Product Form
  - 7.4.5.2.3. Market size and forecast, by Distributional Channel
  - 7.4.5.2.4. Market size and forecast, by Application
  - 7.4.5.3. India
  - 7.4.5.3.1. Key market trends, growth factors and opportunities
  - 7.4.5.3.2. Market size and forecast, by Product Form
  - 7.4.5.3.3. Market size and forecast, by Distributional Channel
  - 7.4.5.3.4. Market size and forecast, by Application
  - 7.4.5.4. South Korea
  - 7.4.5.4.1. Key market trends, growth factors and opportunities
  - 7.4.5.4.2. Market size and forecast, by Product Form
  - 7.4.5.4.3. Market size and forecast, by Distributional Channel
  - 7.4.5.4.4. Market size and forecast, by Application
  - 7.4.5.5. Australia
  - 7.4.5.5.1. Key market trends, growth factors and opportunities
  - 7.4.5.5.2. Market size and forecast, by Product Form
  - 7.4.5.5.3. Market size and forecast, by Distributional Channel
  - 7.4.5.5.4. Market size and forecast, by Application
  - 7.4.5.6. Thailand
  - 7.4.5.6.1. Key market trends, growth factors and opportunities
  - 7.4.5.6.2. Market size and forecast, by Product Form
  - 7.4.5.6.3. Market size and forecast, by Distributional Channel
  - 7.4.5.6.4. Market size and forecast, by Application
  - 7.4.5.7. Rest of Asia-Pacific
  - 7.4.5.7.1. Key market trends, growth factors and opportunities
  - 7.4.5.7.2. Market size and forecast, by Product Form
  - 7.4.5.7.3. Market size and forecast, by Distributional Channel
  - 7.4.5.7.4. Market size and forecast, by Application
7.5. LAMEA
- 7.5.1. Key trends and opportunities
- 7.5.2. Market size and forecast, by Product Form
- 7.5.3. Market size and forecast, by Distributional Channel
- 7.5.4. Market size and forecast, by Application
- 7.5.5. Market size and forecast, by country
  - 7.5.5.1. Brazil
  - 7.5.5.1.1. Key market trends, growth factors and opportunities
  - 7.5.5.1.2. Market size and forecast, by Product Form
  - 7.5.5.1.3. Market size and forecast, by Distributional Channel
  - 7.5.5.1.4. Market size and forecast, by Application
  - 7.5.5.2. South Africa,
  - 7.5.5.2.1. Key market trends, growth factors and opportunities
  - 7.5.5.2.2. Market size and forecast, by Product Form
  - 7.5.5.2.3. Market size and forecast, by Distributional Channel
  - 7.5.5.2.4. Market size and forecast, by Application
  - 7.5.5.3. Saudi Arabia
  - 7.5.5.3.1. Key market trends, growth factors and opportunities
  - 7.5.5.3.2. Market size and forecast, by Product Form
  - 7.5.5.3.3. Market size and forecast, by Distributional Channel
  - 7.5.5.3.4. Market size and forecast, by Application
  - 7.5.5.4. UAE
  - 7.5.5.4.1. Key market trends, growth factors and opportunities
  - 7.5.5.4.2. Market size and forecast, by Product Form
  - 7.5.5.4.3. Market size and forecast, by Distributional Channel
  - 7.5.5.4.4. Market size and forecast, by Application
  - 7.5.5.5. Rest of LAMEA
  - 7.5.5.5.1. Key market trends, growth factors and opportunities
  - 7.5.5.5.2. Market size and forecast, by Product Form
  - 7.5.5.5.3. Market size and forecast, by Distributional Channel
  - 7.5.5.5.4. Market size and forecast, by Application

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2021

CHAPTER 9: COMPANY PROFILES

9.1. Sports Research Corporation
- 9.1.1. Company overview
- 9.1.2. Key Executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
9.2. Nestle S.A.
- 9.2.1. Company overview
- 9.2.2. Key Executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
- 9.2.7. Key strategic moves and developments
9.3. Nutraceutical Corporation
- 9.3.1. Company overview
- 9.3.2. Key Executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
9.4. Church & Dwight Co., Inc.
- 9.4.1. Company overview
- 9.4.2. Key Executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Business performance
9.5. SolaGarden Naturals
- 9.5.1. Company overview
- 9.5.2. Key Executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
9.6. NOW Health Group, Inc.
- 9.6.1. Company overview
- 9.6.2. Key Executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Key strategic moves and developments
9.7. Vytalogy Wellness, L.L.C.
- 9.7.1. Company overview
- 9.7.2. Key Executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Key strategic moves and developments
9.8. Doctor's Best, Inc.
- 9.8.1. Company overview
- 9.8.2. Key Executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
9.9. Zenwise, LLC
- 9.9.1. Company overview
- 9.9.2. Key Executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
9.10. SBR Nutrition
- 9.10.1. Company overview
- 9.10.2. Key Executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
9.11. Life Extension
- 9.11.1. Company overview
- 9.11.2. Key Executives
- 9.11.3. Company snapshot
- 9.11.4. Operating business segments
- 9.11.5. Product portfolio
9.12. Designs for Health, Inc.
- 9.12.1. Company overview
- 9.12.2. Key Executives
- 9.12.3. Company snapshot
- 9.12.4. Operating business segments
- 9.12.5. Product portfolio