QYR Market Research Global Biotin market research | Page 4

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• Zhejiang Medicine Company is the largest supplier of Biotin in
the worldwide, with market share of 27.63% in 2016. The
market concentration of Biotin is quite high, with the top 8
suppliers take more than 98% of market. The additive ratio of
Biotin is low in downstream market, which means the
manufacturers have bargaining rights over downstream users.
• The global Biotin market is valued at 220 million US$ in 2017
and will reach 830 million US$ by the end of 2025, growing at a
CAGR of 18.1% during 2018-2025.
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