Biotin Market Key Players, Trends, Growth Opportunities and
Industry Forecast till 2022
“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.”
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.