The Global Biotin Supplement Market will Hit $952.6 Million by 2028, at a CAGR of 9%

Published Date: 28-Feb-2023

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Biotin Supplement Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Biotin Supplement Market size is expected to reach $952.6 Million by 2028, rising at a market growth of 9.0% CAGR during the forecast period.

The Supermarkets/Hypermarkets segment is showcasing a CAGR of 9.5% during (2022 - 2028). Increased self-medication for the management of health issues and a growing preference for daily biotin supplements have contributed to the rise of this segment. Through these places, consumers can get confidence in the product's quality because they can examine it in person. In addition, there is abundance of knowledge and consultation in credible media about the features of these supplements.

The Capsules segment acquired maximum revenue share in the Global Biotin Supplement Market by Product Form in 2021 thereby, achieving a market value of $332.1 million by 2028. Market participants have observed increased demand for hair supplement capsules formulated without soy, gluten, or GMOs (GMOs). In addition, there is a substantial demand for products that do not contain artificial sweeteners or sugars. In addition, capsules are one of the most common types of biotin supplements, which contain biotin, copper, vitamin D, zinc, and other ingredients. As a result, the product has become a favorite among health-conscious clients.

The Skin Care segment has shown the growth rate of 9.2% during (2022 - 2028). Biotin promotes the formation of fatty acids that are essential for the nourishment of the skin and aid in the healthy functioning of oil glands. This vitamin aids in the maintenance of the skin's mucous membranes. One of the symptoms of a B7 deficiency is the development of red, scaly rashes. Biotin also plays an important part in fat metabolism, which is critical for keeping good skin. All these factors are propelling the growth of the segment.

The Asia Pacific market dominated the Global Biotin Supplement Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $360.4 million by 2028. The Europe market is exhibiting a CAGR of 8.5% during (2022 - 2028). Additionally, The North America market would showcase a CAGR of 8.3% during (2022 - 2028).

Full Report:

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Church & Dwight Co., Inc., Nestle S.A., Nutraceutical Corporation, Life Extension Foundation Buyers Club, Inc., The Nature’s Bounty Co. (Kohlberg Kravis Roberts & Co. L.P.), Zhou Nutrition LLC (Nutraceutical International Corporation), NOW Foods, Inc., Vytalogy Wellness, L.L.C. (New Mountain Capital, LLC), Doctor's Best, Inc. (Xiamen Kingdomway Group), and Designs for Health, Inc.

Global Biotin Supplement Market Segmentation

By Distribution Channel

  • Specialty Stores
  • Ecommerce
  • Supermarkets / Hypermarkets

By Product Form

  • Capsules
  • Tablets
  • Gummies
  • Liquid
  • Soft Gels
  • Powder

By Application

  • Hair Care
  • Skin Care
  • Nail Care
  • Pharmaceutical

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • Church & Dwight Co., Inc.
  • Nestle S.A.
  • Nutraceutical Corporation
  • Life Extension Foundation Buyers Club, Inc.
  • The Nature’s Bounty Co. (Kohlberg Kravis Roberts & Co. L.P.)
  • Zhou Nutrition LLC (Nutraceutical International Corporation)
  • NOW Foods, Inc.
  • Vytalogy Wellness, L.L.C. (New Mountain Capital, LLC)
  • Doctor's Best, Inc. (Xiamen Kingdomway Group)
  • Designs for Health, Inc.

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Related Reports:

North America Biotin Supplement Market size & Opportunities 2022-2028

Europe Biotin Supplement Market & Growth Forecast 2022-2028

Asia Pacific Biotin Supplement Market Share & Industry Outlook to 2028

LAMEA Biotin Supplement Market Growth, Trends & Forecasts 2022-2028

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