Lucintel Blog: Lucintel Forecasts Biotin Market to Grow at a CAGR of 5%-6% from 2020 to 2025

Wednesday, June 22, 2022

Lucintel Forecasts Biotin Market to Grow at a CAGR of 5%-6% from 2020 to 2025

According to the recent study the Biotin Market is projected to grow at a CAGR of 5%-6% from 2020 to 2025. Growth in this market is primarily driven by increasing health awareness among consumers, medical discoveries, and food innovations.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in biotin market by product type (1% biotin, 2% biotin, and pure biotin (>98%)), application (cosmetics, pharmaceutical, food, animal feed, and others), and region (North America, Europe, Asia Pacific, and Rest of the World).

Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/biotin-market.aspx

“1% biotin market is expected to remain the largest segment during the forecast period.”

Based on product type, the biotin market is segmented into 1% biotin, 2% biotin, and pure biotin (>98%). Lucintel forecasts that the 1% biotin market is expected to remain the largest segment due to demand from the animal feed and food industry.

“Within the biotin market, the animal feed segment is expected to remain the largest application.”

Based on application the animal feed segment is expected to witness the highest growth over the forecast period.

“Asia pacific will dominate the biotin market in near future.”

Asia Pacific is expected to be the largest region over the forecast period due to changing lifestyle and unhealthy eating habits leading to health concerns, and high number of producers of biotin supplement in China and India.

Download Brochure of this report by clicking on https://www.lucintel.com/biotin-market.aspx

Major players of biotin market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Zhejiang Medicine, SDM, DSM, The Nature’s Bounty Co., Sports Research, Pure Research Products, Natrol LLC, Zhou Nutrition, Church & Dwight Co, NOW Foods, LifeGarden Naturals, Jarrow Formulas, Doctors Best, SBR Nutrition, and Zenwise Health are among the major biotin providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/biotin-market.aspx or helpdesk@lucintel.com.

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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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