The North America Biotin Supplement Market should witness market growth of 8.3% CAGR during the forecast period (2022-2028).
Biotin insufficiency can also be triggered by a genetic condition affecting biotin's metabolism capability. The most prevalent of these conditions is biotinidase deficiency. Insufficient activity of the biotinidaseenzyme prevents the recycling of biotin from biocytin. Biotin transporter andcarboxylasedeficiencies are less common. The United States was the first nation that began screening newborns for biotinidase deficiency.
Today, several other nations similarly test newborns for this genetic condition. The treatment available as of present is the consumption of biotin supplement. The deficiency of biotinidase is a genetic defect resulting in a deficit of the enzyme responsible for biotin recycling.
The diagnosis of partial biotinidase impairment is calculated as 10% to 30% of average serum activity and the treatment for severe deficiency is oral administration of 5 to 20 mg daily. Reportedly, seizures resolve between hours to days, whereas other symptoms resolve within weeks. Both severe and mild biotinidase deficiency needs to betreated with biotin supplements for the rest of their lives.
As people age and confront rising healthcare costs, many Canadians are examining the relationship between diet and health. The functional food and dietary supplement industries seize opportunities through product development and product penetration. In Canada, the demand for sodium substitutions, trans fat replacements, allergen-free (especially gluten-free) foods, sugar alternatives,clean labeling, naturally derived phytochemicals, nutrigenomics, protein boosters,and innovative technologies is anticipated to increase. Therefore, the rising popularity of health boosting supplements is driving demand for biotin supplements and thus propels the growth of the market.
The US market dominated the North America Biotin Supplement Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $200 million by 2028. The Canada market is poised to grow at a CAGR of 10.8% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 9.8% during (2022-2028).
Based on Distribution Channel, the market is segmented into Specialty Stores, Ecommerce and Supermarkets / Hypermarkets. Based on Product Form, the market is segmented into Capsules, Tablets, Gummies, Liquid, Soft Gels and Powder. Based on Application, the market is segmented into Hair Care, Skin Care, Nail Care and Pharmaceutical. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Church & Dwight Co., Inc., Nestle S.A., Nutraceutical Corporation, Life Extension Foundation Buyers Club, Inc., The Nature’s Bounty Co. (Kohlberg Kravis Roberts & Co. L.P.), Zhou Nutrition LLC (Nutraceutical International Corporation), NOW Foods, Inc., Vytalogy Wellness, L.L.C. (New Mountain Capital, LLC), Doctor's Best, Inc. (Xiamen Kingdomway Group), and Designs for Health, Inc.
Biotin insufficiency can also be triggered by a genetic condition affecting biotin's metabolism capability. The most prevalent of these conditions is biotinidase deficiency. Insufficient activity of the biotinidaseenzyme prevents the recycling of biotin from biocytin. Biotin transporter andcarboxylasedeficiencies are less common. The United States was the first nation that began screening newborns for biotinidase deficiency.
Today, several other nations similarly test newborns for this genetic condition. The treatment available as of present is the consumption of biotin supplement. The deficiency of biotinidase is a genetic defect resulting in a deficit of the enzyme responsible for biotin recycling.
The diagnosis of partial biotinidase impairment is calculated as 10% to 30% of average serum activity and the treatment for severe deficiency is oral administration of 5 to 20 mg daily. Reportedly, seizures resolve between hours to days, whereas other symptoms resolve within weeks. Both severe and mild biotinidase deficiency needs to betreated with biotin supplements for the rest of their lives.
As people age and confront rising healthcare costs, many Canadians are examining the relationship between diet and health. The functional food and dietary supplement industries seize opportunities through product development and product penetration. In Canada, the demand for sodium substitutions, trans fat replacements, allergen-free (especially gluten-free) foods, sugar alternatives,clean labeling, naturally derived phytochemicals, nutrigenomics, protein boosters,and innovative technologies is anticipated to increase. Therefore, the rising popularity of health boosting supplements is driving demand for biotin supplements and thus propels the growth of the market.
The US market dominated the North America Biotin Supplement Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $200 million by 2028. The Canada market is poised to grow at a CAGR of 10.8% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 9.8% during (2022-2028).
Based on Distribution Channel, the market is segmented into Specialty Stores, Ecommerce and Supermarkets / Hypermarkets. Based on Product Form, the market is segmented into Capsules, Tablets, Gummies, Liquid, Soft Gels and Powder. Based on Application, the market is segmented into Hair Care, Skin Care, Nail Care and Pharmaceutical. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Church & Dwight Co., Inc., Nestle S.A., Nutraceutical Corporation, Life Extension Foundation Buyers Club, Inc., The Nature’s Bounty Co. (Kohlberg Kravis Roberts & Co. L.P.), Zhou Nutrition LLC (Nutraceutical International Corporation), NOW Foods, Inc., Vytalogy Wellness, L.L.C. (New Mountain Capital, LLC), Doctor's Best, Inc. (Xiamen Kingdomway Group), and Designs for Health, Inc.
Scope of the Study
By Distribution Channel
- Specialty Stores
- Ecommerce
- Supermarkets / Hypermarkets
By Product Form
- Capsules
- Tablets
- Gummies
- Liquid
- Soft Gels
- Powder
By Application
- Hair Care
- Skin Care
- Nail Care
- Pharmaceutical
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Church & Dwight Co., Inc.
- Nestle S.A.
- Nutraceutical Corporation
- Life Extension Foundation Buyers Club, Inc.
- The Nature’s Bounty Co. (Kohlberg Kravis Roberts & Co. L.P.)
- Zhou Nutrition LLC (Nutraceutical International Corporation)
- NOW Foods, Inc.
- Vytalogy Wellness, L.L.C. (New Mountain Capital, LLC)
- Doctor's Best, Inc. (Xiamen Kingdomway Group)
- Designs for Health, Inc.
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Biotin Supplement Market, by Distribution Channel
1.4.2 North America Biotin Supplement Market, by Product Form
1.4.3 North America Biotin Supplement Market, by Application
1.4.4 North America Biotin Supplement Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Biotin Supplement Market
Chapter 4. North America Biotin Supplement Market by Distribution Channel
4.1 North America Specialty Stores Market by Country
4.2 North America Ecommerce Market by Country
4.3 North America Supermarkets / Hypermarkets Market by Country
Chapter 5. North America Biotin Supplement Market by Product Form
5.1 North America Capsules Market by Country
5.2 North America Tablets Market by Country
5.3 North America Gummies Market by Country
5.4 North America Liquid Market by Country
5.5 North America Soft Gels Market by Country
5.6 North America Powder Market by Country
Chapter 6. North America Biotin Supplement Market by Application
6.1 North America Hair Care Market by Country
6.2 North America Skin Care Market by Country
6.3 North America Nail Care Market by Country
6.4 North America Pharmaceutical Market by Country
Chapter 7. North America Biotin Supplement Market by Country
7.1 US Biotin Supplement Market
7.1.1 US Biotin Supplement Market by Distribution Channel
7.1.2 US Biotin Supplement Market by Product Form
7.1.3 US Biotin Supplement Market by Application
7.2 Canada Biotin Supplement Market
7.2.1 Canada Biotin Supplement Market by Distribution Channel
7.2.2 Canada Biotin Supplement Market by Product Form
7.2.3 Canada Biotin Supplement Market by Application
7.3 Mexico Biotin Supplement Market
7.3.1 Mexico Biotin Supplement Market by Distribution Channel
7.3.2 Mexico Biotin Supplement Market by Product Form
7.3.3 Mexico Biotin Supplement Market by Application
7.4 Rest of North America Biotin Supplement Market
7.4.1 Rest of North America Biotin Supplement Market by Distribution Channel
7.4.2 Rest of North America Biotin Supplement Market by Product Form
7.4.3 Rest of North America Biotin Supplement Market by Application
Chapter 8. Company Profiles
8.1 The Nature’s Bounty Co. (Kohlberg Kravis Roberts & Co. L.P.)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional & Segmental Analysis
8.1.4 Recent strategies and developments:
8.1.4.1 Product Launches and Product Expansions:
8.2 Nestle S.A.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Acquisition and Mergers:
8.3 Church and Dwight Co., Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Acquisition and Mergers:
8.4 Zhou Nutrition LLC (Nutraceutical International Corporation)
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Product Launches and Product Expansions:
8.5 NOW Foods, Inc.
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Acquisition and Mergers:
8.6 Nutraceutical Corporation
8.6.1 Company Overview
8.7 Life Extension Foundation Buyers Club, Inc.
8.7.1 Company Overview
8.8 Vytalogy Wellness, L.L.C. (New Mountain Capital, LLC)
8.8.1 Company Overview
8.9 Doctor's Best, Inc. (Xiamen Kingdomway Group)
8.9.1 Company Overview
8.10. Designs for Health, Inc.
8.10.1 Company Overview
Companies Mentioned
- Church & Dwight Co., Inc.
- Nestle S.A.
- Nutraceutical Corporation
- Life Extension Foundation Buyers Club, Inc.
- The Nature’s Bounty Co. (Kohlberg Kravis Roberts & Co. L.P.)
- Zhou Nutrition LLC (Nutraceutical International Corporation)
- NOW Foods, Inc.
- Vytalogy Wellness, L.L.C. (New Mountain Capital, LLC)
- Doctor's Best, Inc. (Xiamen Kingdomway Group)
- Designs for Health, Inc.
Methodology
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