The Biotin Supplement Market size was valued at $583.36 million in 2021, and biotin supplement market forecast is estimated to reach $1.4 billion by 2031, growing at a CAGR of 9.1% from 2022 to 2031. Vitamin B7 popularly known as biotin is a water-soluble member of the vitamin-B family. Biotin is an essential nutrient that is naturally present in some food and also available as a supplement.
๐๐๐๐๐๐๐-๐๐๐๐ ๐๐ ๐ ๐๐ – ๐๐ฎ๐ฒ ๐๐จ๐ฐ & ๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐% ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ : https://www.alliedmarketresearch.com/checkout-final/09cb2ef45fe14cecb4b1876d797ba9e1
๐๐จ๐ฉ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
NOW Health Group, Inc., Vytalogy Wellness, L.L.C., SBR Nutrition, SolaGarden Naturals, Sports Research Corporation, Nutraceutical Corporation, Nestle S.A., Life Extension, Zenwise, LLC, Doctor’s Best, Inc., Designs for Health, Inc., Church & Dwight Co., Inc.
Biotin supplements are used to cure biotin deficiency and are also used for skincare, haircare, and nail care. Animal-based protein sources like beef liver, chicken liver, salmon, and eggs have a high biotin content. These supplements should be taken only after the consideration of the doctor as they can interfere with certain lab tests.
The rise in awareness regarding vitamin supplements is expected to propel the growth of the biotin supplements industry. According to the report of the National Library of Medicine in the U.S., approximately 68% of adults use dietary supplements in 2019. Such huge usage of dietary supplements coupled with rise in awareness regarding the health benefits of dietary supplements is expected to drive the biotin supplement industry.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฆ๐ฉ๐ฅ๐ ๐ฐ๐ข๐ญ๐ก ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ https://www.alliedmarketresearch.com/request-sample/10981
As per the report of Harvard T.H. Chan School of Public Health, alcoholism can increase the risk of biotin deficiency and many other nutrients as alcohol can block their absorption, and also because alcohol abuse is generally associated with poor dietary intake. Rise in alcoholism among the global population is expected to create a growth opportunity for the market. According to the report of the National Institute on Alcohol Abuse and Alcoholism, in the U.S., 14.5 million (nearly 15 million) people ages 12 and older7 (5.3% of this age group) had alcohol use disorder (AUD). This number includes 9.0 million men7 (6.8% of men in this age group) and 5.5 million women7 (3.9% of women in this age group) in 2019.
According to the report of Our World in Data organization globally, 107 million people are estimated to have an alcohol use disorder. Such a huge number of alcoholic disorders can lead to biotin deficiency in people which is expected to boost the biotin supplementย market growth. The biotin supplement market analysis is done on the basis of product form, distributional channel, application, and region. By product form, the market is divided into capsules, tablets, soft gels, liquid, gummies, and powders. By distributional channel, the market is further divided into supermarkets, specialty stores, and e-commerce. By application, the market is classified into pharmaceuticals, skin-care, health-care, and nail-care. By region, the market is analyzed across North America (U.S., Canada, Mexico), Europe (France, Germany, Italy, Spain, UK, Russia, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Thailand, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, UAE, and rest of LAMEA).
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