The Europe Biotin Supplement Market should witness market growth of 8.5% CAGR during the forecast period (2022-2028).
The deficiency ofbiotin results in various clinical manifestations, predominantly neurological and dermatological problems. In many countries, biotinidase insufficiency is the most prevalent cause, and screenings for biotinidase deficiency are an integral partof the newborn screening program.Most type of biotin deficiency is treated with biotin supplements. Additionally, they are used to treat brittle nails,hepatitis, hair loss, and other diseases. The increased awareness of biotin supplements and the greater propensity to consume them are significant biotin supplement industry developments.
Vitamins are required for human processes like growth, reproduction, and overall health. Modern consumers' increasing demand for vitamins in their regular diet for self-care has become an integral component of their way of life. Due to an emphasis on health and immunity, there has been a significant shift in consumer dietary preferences. As a result, there has been an increase in the consumption of vitamins, minerals, immunity-boosting foods, supplements, organic products,and other dietary aids.
Western Europe is the market leader for selling supplements, mostly through pharmacy-based distribution. Increasing obesity, cardiovascular disease, and obesity are anticipated to impact the biotin supplement industry over the projected period. It is widely known that the prevalence of these disorders aggravate hair and skin issues. People are also becoming more aware of the benefits of natural skincare, which prevents the degradation of the natural constituents (proteins, carbs, and lipids) in skin care products. Consumption of biotin based foods can prevent skin issues like wrinkles, UV-induced skin damage, and inflammation-induced dryness. All of these characteristics and their awareness in the region boost the consumption of skin-healthy foods, creating a substantial opportunity for the expansion of the market in the Europe region.
The Germany market dominated the Europe Biotin Supplement Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $59.1 million by 2028. The UK market is anticipated to grow at a CAGR of 7.6% during (2022-2028). Additionally, The France market would exhibit a CAGR of 9.3% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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.
The deficiency ofbiotin results in various clinical manifestations, predominantly neurological and dermatological problems. In many countries, biotinidase insufficiency is the most prevalent cause, and screenings for biotinidase deficiency are an integral partof the newborn screening program.Most type of biotin deficiency is treated with biotin supplements. Additionally, they are used to treat brittle nails,hepatitis, hair loss, and other diseases. The increased awareness of biotin supplements and the greater propensity to consume them are significant biotin supplement industry developments.
Vitamins are required for human processes like growth, reproduction, and overall health. Modern consumers' increasing demand for vitamins in their regular diet for self-care has become an integral component of their way of life. Due to an emphasis on health and immunity, there has been a significant shift in consumer dietary preferences. As a result, there has been an increase in the consumption of vitamins, minerals, immunity-boosting foods, supplements, organic products,and other dietary aids.
Western Europe is the market leader for selling supplements, mostly through pharmacy-based distribution. Increasing obesity, cardiovascular disease, and obesity are anticipated to impact the biotin supplement industry over the projected period. It is widely known that the prevalence of these disorders aggravate hair and skin issues. People are also becoming more aware of the benefits of natural skincare, which prevents the degradation of the natural constituents (proteins, carbs, and lipids) in skin care products. Consumption of biotin based foods can prevent skin issues like wrinkles, UV-induced skin damage, and inflammation-induced dryness. All of these characteristics and their awareness in the region boost the consumption of skin-healthy foods, creating a substantial opportunity for the expansion of the market in the Europe region.
The Germany market dominated the Europe Biotin Supplement Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $59.1 million by 2028. The UK market is anticipated to grow at a CAGR of 7.6% during (2022-2028). Additionally, The France market would exhibit a CAGR of 9.3% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Biotin Supplement Market, by Distribution Channel
1.4.2 Europe Biotin Supplement Market, by Product Form
1.4.3 Europe Biotin Supplement Market, by Application
1.4.4 Europe 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. Europe Biotin Supplement Market by Distribution Channel
4.1 Europe Specialty Stores Market by Country
4.2 Europe Ecommerce Market by Country
4.3 Europe Supermarkets / Hypermarkets Market by Country
Chapter 5. Europe Biotin Supplement Market by Product Form
5.1 Europe Capsules Market by Country
5.2 Europe Tablets Market by Country
5.3 Europe Gummies Market by Country
5.4 Europe Liquid Market by Country
5.5 Europe Soft Gels Market by Country
5.6 Europe Powder Market by Country
Chapter 6. Europe Biotin Supplement Market by Application
6.1 Europe Hair Care Market by Country
6.2 Europe Skin Care Market by Country
6.3 Europe Nail Care Market by Country
6.4 Europe Pharmaceutical Market by Country
Chapter 7. Europe Biotin Supplement Market by Country
7.1 Germany Biotin Supplement Market
7.1.1 Germany Biotin Supplement Market by Distribution Channel
7.1.2 Germany Biotin Supplement Market by Product Form
7.1.3 Germany Biotin Supplement Market by Application
7.2 UK Biotin Supplement Market
7.2.1 UK Biotin Supplement Market by Distribution Channel
7.2.2 UK Biotin Supplement Market by Product Form
7.2.3 UK Biotin Supplement Market by Application
7.3 France Biotin Supplement Market
7.3.1 France Biotin Supplement Market by Distribution Channel
7.3.2 France Biotin Supplement Market by Product Form
7.3.3 France Biotin Supplement Market by Application
7.4 Russia Biotin Supplement Market
7.4.1 Russia Biotin Supplement Market by Distribution Channel
7.4.2 Russia Biotin Supplement Market by Product Form
7.4.3 Russia Biotin Supplement Market by Application
7.5 Spain Biotin Supplement Market
7.5.1 Spain Biotin Supplement Market by Distribution Channel
7.5.2 Spain Biotin Supplement Market by Product Form
7.5.3 Spain Biotin Supplement Market by Application
7.6 Italy Biotin Supplement Market
7.6.1 Italy Biotin Supplement Market by Distribution Channel
7.6.2 Italy Biotin Supplement Market by Product Form
7.6.3 Italy Biotin Supplement Market by Application
7.7 Rest of Europe Biotin Supplement Market
7.7.1 Rest of Europe Biotin Supplement Market by Distribution Channel
7.7.2 Rest of Europe Biotin Supplement Market by Product Form
7.7.3 Rest of Europe 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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