The Latin America, Middle East and Africa Biotin Supplement Market should witness market growth of 12.9% CAGR during the forecast period (2022-2028).
Health is gaining relevance everywhere as population emerges from a protracted slump that has resulted in a profusion of health problems. This motivates several individuals to improve their diet. As a result, an ever-growingnumber of consumers are aware of their food consumption, which is expected to significantly contribute to the expansion of the market.
In addition, a good outlook on clinical nutrition for diabetes, seborrheic dermatitis,and peripheral neuropathy, among others, has propelled the demand for biotin supplements. In addition, the escalating demand for nutritional upgrades in emerging nations will present valuable prospects. It is also important to note that influential health and beauty drivers contribute to the market's continued expansion.
As these influencers introduce these products to their vast supporter network, the demand for them follows an upward trend. A changing environment, a busy lifestyle, and a shift in food preferences impact human health and the climate. Urbanization is expanding at a rapid rate globally. Standard methods of living, business, and comfort in daily life routines are luring rural residents to metropolitan regions, resulting in the emergence of a swarm culture. As part of maintaining health and physique, customers are gravitating toward biotin supplements, boosting thebiotin supplement market.
Significant international market participants are anticipated to boost their investment in the regional industry, fostering expansion. As a result, regional market leaders are introducing new items to strengthen their position in this market. Due to Saudi Arabia's growing population and rising living levels, the biotin supplements markethas increased significantly. To satisfy consumer demand, manufacturersare introducing their products more frequently. In Saudi Arabia,the industry for supplementsis expected to increase during the forecast period. Because millennial consumers tend to utilize social media to discover new items, social media marketing is the most common method employed by manufacturing companies. Due to social media's rising attention to the ever-changing beauty trends, consumers tend to stay current, which contributes to the expansion of the regional biotin supplement market.
The Brazil market dominated the LAMEA Biotin Supplement Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $16.2 million by 2028. The Argentina market is exhibiting a CAGR of 13.5% during (2022-2028). Additionally, The UAE market would display a CAGR of 12.6% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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.
Health is gaining relevance everywhere as population emerges from a protracted slump that has resulted in a profusion of health problems. This motivates several individuals to improve their diet. As a result, an ever-growingnumber of consumers are aware of their food consumption, which is expected to significantly contribute to the expansion of the market.
In addition, a good outlook on clinical nutrition for diabetes, seborrheic dermatitis,and peripheral neuropathy, among others, has propelled the demand for biotin supplements. In addition, the escalating demand for nutritional upgrades in emerging nations will present valuable prospects. It is also important to note that influential health and beauty drivers contribute to the market's continued expansion.
As these influencers introduce these products to their vast supporter network, the demand for them follows an upward trend. A changing environment, a busy lifestyle, and a shift in food preferences impact human health and the climate. Urbanization is expanding at a rapid rate globally. Standard methods of living, business, and comfort in daily life routines are luring rural residents to metropolitan regions, resulting in the emergence of a swarm culture. As part of maintaining health and physique, customers are gravitating toward biotin supplements, boosting thebiotin supplement market.
Significant international market participants are anticipated to boost their investment in the regional industry, fostering expansion. As a result, regional market leaders are introducing new items to strengthen their position in this market. Due to Saudi Arabia's growing population and rising living levels, the biotin supplements markethas increased significantly. To satisfy consumer demand, manufacturersare introducing their products more frequently. In Saudi Arabia,the industry for supplementsis expected to increase during the forecast period. Because millennial consumers tend to utilize social media to discover new items, social media marketing is the most common method employed by manufacturing companies. Due to social media's rising attention to the ever-changing beauty trends, consumers tend to stay current, which contributes to the expansion of the regional biotin supplement market.
The Brazil market dominated the LAMEA Biotin Supplement Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $16.2 million by 2028. The Argentina market is exhibiting a CAGR of 13.5% during (2022-2028). Additionally, The UAE market would display a CAGR of 12.6% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Biotin Supplement Market, by Distribution Channel
1.4.2 LAMEA Biotin Supplement Market, by Product Form
1.4.3 LAMEA Biotin Supplement Market, by Application
1.4.4 LAMEA 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. LAMEA Biotin Supplement Market by Distribution Channel
4.1 LAMEA Specialty Stores Market by Country
4.2 LAMEA Ecommerce Market by Country
4.3 LAMEA Supermarkets / Hypermarkets Market by Country
Chapter 5. LAMEA Biotin Supplement Market by Product Form
5.1 LAMEA Capsules Market by Country
5.2 LAMEA Tablets Market by Country
5.3 LAMEA Gummies Market by Country
5.4 LAMEA Liquid Market by Country
5.5 LAMEA Soft Gels Market by Country
5.6 LAMEA Powder Market by Country
Chapter 6. LAMEA Biotin Supplement Market by Application
6.1 LAMEA Hair Care Market by Country
6.2 LAMEA Skin Care Market by Country
6.3 LAMEA Nail Care Market by Country
6.4 LAMEA Pharmaceutical Market by Country
Chapter 7. LAMEA Biotin Supplement Market by Country
7.1 Brazil Biotin Supplement Market
7.1.1 Brazil Biotin Supplement Market by Distribution Channel
7.1.2 Brazil Biotin Supplement Market by Product Form
7.1.3 Brazil Biotin Supplement Market by Application
7.2 Argentina Biotin Supplement Market
7.2.1 Argentina Biotin Supplement Market by Distribution Channel
7.2.2 Argentina Biotin Supplement Market by Product Form
7.2.3 Argentina Biotin Supplement Market by Application
7.3 UAE Biotin Supplement Market
7.3.1 UAE Biotin Supplement Market by Distribution Channel
7.3.2 UAE Biotin Supplement Market by Product Form
7.3.3 UAE Biotin Supplement Market by Application
7.4 Saudi Arabia Biotin Supplement Market
7.4.1 Saudi Arabia Biotin Supplement Market by Distribution Channel
7.4.2 Saudi Arabia Biotin Supplement Market by Product Form
7.4.3 Saudi Arabia Biotin Supplement Market by Application
7.5 South Africa Biotin Supplement Market
7.5.1 South Africa Biotin Supplement Market by Distribution Channel
7.5.2 South Africa Biotin Supplement Market by Product Form
7.5.3 South Africa Biotin Supplement Market by Application
7.6 Nigeria Biotin Supplement Market
7.6.1 Nigeria Biotin Supplement Market by Distribution Channel
7.6.2 Nigeria Biotin Supplement Market by Product Form
7.6.3 Nigeria Biotin Supplement Market by Application
7.7 Rest of LAMEA Biotin Supplement Market
7.7.1 Rest of LAMEA Biotin Supplement Market by Distribution Channel
7.7.2 Rest of LAMEA Biotin Supplement Market by Product Form
7.7.3 Rest of LAMEA 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
LOADING...
