Biotin Liquid Drops Market Size, Trends, Industry Analysis, Overview, Share And Forecast 2023 To 2030

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Market Overview:

Biotin liquid drops contain vitamin B7 (biotin) dissolved in a liquid medium for easy consumption. Biotin plays an important role in metabolizing fats and carbohydrates, so biotin liquid drops are commonly taken to aid digestion and boost overall health. They provide an easy alternative to supplements in pill or capsule form.

The global Biotin Liquid Drops Market is estimated to be valued at US$ 140.8 Mn in 2023 and is expected to exhibit a CAGR of 8.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. 

Market key trends:

One of the key trends propelling the growth of the biotin liquid drops market is the growing preference among consumers for liquid supplements. Liquid supplements are more easily absorbed by the body compared to pills or capsules. They are also more convenient to take, making compliance easier. This is driving demand especially from millennial and gen Z consumers who prefer supplements in liquid form. People are switching to liquid vitamins, minerals and other supplements as they offer faster absorption and more accurate dosing. This shift towards liquid supplements is expected to continue driving market growth over the forecast period.

Get more insights on this topic: https://www.coherentmarketinsights.com/industry-reports/biotin-liquid-drops-market

Segment Analysis

The global biotin liquid drops market is dominated by the sports nutrition sub segment. Sports nutrition sub segment accounts for over 45% of the market share as biotin aids in enhancing muscle growth, promoting energy levels and improving overall athletic performance. It is commonly used by bodybuilders and athletes for gaining strength.

Key Takeaways 

The global biotin liquid drops market is expected to witness high growth, exhibiting CAGR of 8.3% over the forecast period, due to increasing awareness about nutritional supplements and various health benefits of biotin.

Regional analysis 

North America dominates the global biotin liquid drops market with over 35% share. Rising health consciousness and busy lifestyle has increased demand for nutritional supplements in the U.S. and Canada. Europe follows North America in terms of market share due to growing geriatric population demanding products to ensure healthy aging. 

Key players

Key players operating in the biotin liquid drops market are Sports Research, Zhou Nutrition, Zenwise Health, Natrol, Nature's Bounty, Jarrow Formulas, Bronson, Country Life, Nature's Way, Pure Research Products, Physician's Choice, Horbaach, Olly Public Benefit Corporation, Vitafusion, Nature Made, Pure Encapsulations, Solgar, Garden of Life, Nested Naturals, Life Extension. Sports research leads the market with wide distribution and variety of biotin supplements.

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