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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 market is broadly categorized into four major types such as tablets, capsules, lotions, and serums. Capsules
biotin supplements is considered as one of the fastest growing segment in the biotin market with substantial
revue generation in the last couple of years. The growing popularity of the capsules biotin supplements market
segment is attributed to the increasing end-user demand from North America and European region. The
capsules biotin supplements market segment is further categorized into the soft gel capsules and hard gel
capsules.
Additionally, increasing import and export activities and presence of the large number of local manufactures in
the Asia Pacific region, particularly in the China and India are expected to fuel market growth in the near future.
However, soaring international market prices for biotin products and growing competition in the market are
predicted to limit market growth to a certain extent.
The biotin market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North
America has shown major growth in recent years owing to the rise in the implementation of latest technologies
and existence of well-established manufacturing infrastructure.
Asia-Pacific region is predicted to hold major market share in the biotin market with massive growth in forecast
period. Countries such as India, China and Japan are leading the Asia-Pacific market with strong economic
growth, increasing import and export activities, and significant investment by leading industry players
considering potential growth opportunities in the region.
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.
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