Market Overview:
The global feed grade biotin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for animal-based products, rising awareness about the benefits of biotin supplementation, and growing investments in R&D activities for developing new applications of biotin. Based on type, 1% Biotin is expected to account for a major share of the global feed grade biotin market during the forecast period. This can be attributed to its low cost and wide availability as compared to other types of biotin supplements. 2% Biotin is also expected to witness high growth rates due its superior properties such as better absorption and retention by animals.
Product Definition:
Feed grade biotin is an important vitamin for animals. It helps them to digest food and absorb nutrients from their diet. Feed grade biotin is also important for the health of the animal's skin, hair, and hooves.
1% Biotin:
Biotin is a vitamin-like substance found in the cell membranes of all living organisms. It plays an important role in maintaining healthy hair and skin, as well as supporting normal body growth. Biotin is commercially available in two forms: pre-formulated ready to use (RTU) and raw/unprocessed (free run). The RTU form has higher demand than the free run form due to its ease of usage, which makes it cost effective for feed manufacturers.
2% Biotin:
Biotin is a vitamin that helps the body to grow and maintain healthy hair, nails, and skin. It is also known to help in cell growth & development. Biotin deficiency may lead to poor hatchability of eggs and chickens due to decreased feed intake. In addition, it plays an important role in maintaining the health of livestock by enhancing wool quality & quantity as well as improving fertility.
Application Insights:
Poultry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Poultry industry has been witnessing significant growth due to rising demand for meat and eggs. The biotin market for poultry feed is anticipated to witness a high growth rate owing to increasing consumption of animal products among developing countries such as India, China, Bangladesh, etc.
The livestock segment includes cattle, swine (pigs), sheep & goats.
Regional Analysis:
North America was the largest market for feed grade biotin in 2016, accounting for a share of over 40.0% owing to high consumption in poultry and livestock segments. The U.S., being a developed economy, has higher penetration of processed food products that require preservatives to ensure stability and longer shelf life; these factors are expected to have a positive impact on the growth of the regional market over the forecast period.
Asia Pacific is anticipated to be one of fastest-growing markets at an estimated CAGR 6.5% from 2017 to 2030 due its increasing meat consumption coupled with rising awareness regarding animal health & well-being standards among consumers in China.
Growth Factors:
- Increasing demand for feed grade biotin from the animal feed industry as a result of its various health benefits for animals.
- Rising awareness about the benefits of feed grade biotin among farmers and livestock producers, which is likely to boost demand for the product in the coming years.
- Growing research and development activities aimed at enhancing the efficacy of feed grade biotin are expected to propel market growth in the near future.
- The increasing use of bio-based ingredients in animal feeds is projected to create lucrative opportunities for players operating in this market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Feed Grade Biotin Market Research Report
By Type
1% Biotin, 2% Biotin
By Application
Poultry, Livestock, Other
By Companies
Zhejiang Medicine, SDM, Hegno, Shanghai Acebright, NUH, Anhui Tiger Biotech, Kexing Biochem, DSM
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Feed Grade Biotin Market Report Segments:
The global Feed Grade Biotin market is segmented on the basis of:
Types
1% Biotin, 2% Biotin
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Poultry, Livestock, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Zhejiang Medicine
- SDM
- Hegno
- Shanghai Acebright
- NUH
- Anhui Tiger Biotech
- Kexing Biochem
- DSM
Highlights of The Feed Grade Biotin Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 1% Biotin
- 2% Biotin
- By Application:
- Poultry
- Livestock
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Feed Grade Biotin Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Feed grade biotin is a form of biotin that is used as a supplement in animal feed. It is typically derived from plant sources, such as soybeans or corn.
Some of the major players in the feed grade biotin market are Zhejiang Medicine, SDM, Hegno, Shanghai Acebright, NUH, Anhui Tiger Biotech, Kexing Biochem, DSM.
The feed grade biotin market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Feed Grade Biotin Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Feed Grade Biotin Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Feed Grade Biotin Market - Supply Chain
4.5. Global Feed Grade Biotin Market Forecast
4.5.1. Feed Grade Biotin Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Feed Grade Biotin Market Size (000 Units) and Y-o-Y Growth
4.5.3. Feed Grade Biotin Market Absolute $ Opportunity
5. Global Feed Grade Biotin Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Feed Grade Biotin Market Size and Volume Forecast by Type
5.3.1. 1% Biotin
5.3.2. 2% Biotin
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Feed Grade Biotin Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Feed Grade Biotin Market Size and Volume Forecast by Application
6.3.1. Poultry
6.3.2. Livestock
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Feed Grade Biotin Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Feed Grade Biotin Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Feed Grade Biotin Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Feed Grade Biotin Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Feed Grade Biotin Demand Share Forecast, 2019-2026
9. North America Feed Grade Biotin Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Feed Grade Biotin Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Feed Grade Biotin Market Size and Volume Forecast by Application
9.4.1. Poultry
9.4.2. Livestock
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Feed Grade Biotin Market Size and Volume Forecast by Type
9.7.1. 1% Biotin
9.7.2. 2% Biotin
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Feed Grade Biotin Demand Share Forecast, 2019-2026
10. Latin America Feed Grade Biotin Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Feed Grade Biotin Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Feed Grade Biotin Market Size and Volume Forecast by Application
10.4.1. Poultry
10.4.2. Livestock
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Feed Grade Biotin Market Size and Volume Forecast by Type
10.7.1. 1% Biotin
10.7.2. 2% Biotin
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Feed Grade Biotin Demand Share Forecast, 2019-2026
11. Europe Feed Grade Biotin Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Feed Grade Biotin Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Feed Grade Biotin Market Size and Volume Forecast by Application
11.4.1. Poultry
11.4.2. Livestock
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Feed Grade Biotin Market Size and Volume Forecast by Type
11.7.1. 1% Biotin
11.7.2. 2% Biotin
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Feed Grade Biotin Demand Share, 2019-2026
12. Asia Pacific Feed Grade Biotin Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Feed Grade Biotin Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Feed Grade Biotin Market Size and Volume Forecast by Application
12.4.1. Poultry
12.4.2. Livestock
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Feed Grade Biotin Market Size and Volume Forecast by Type
12.7.1. 1% Biotin
12.7.2. 2% Biotin
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Feed Grade Biotin Demand Share, 2019-2026
13. Middle East & Africa Feed Grade Biotin Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Feed Grade Biotin Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Feed Grade Biotin Market Size and Volume Forecast by Application
13.4.1. Poultry
13.4.2. Livestock
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Feed Grade Biotin Market Size and Volume Forecast by Type
13.7.1. 1% Biotin
13.7.2. 2% Biotin
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Feed Grade Biotin Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Feed Grade Biotin Market: Market Share Analysis
14.2. Feed Grade Biotin Distributors and Customers
14.3. Feed Grade Biotin Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Zhejiang Medicine
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SDM
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hegno
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Shanghai Acebright
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NUH
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Anhui Tiger Biotech
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kexing Biochem
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. DSM
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
