Biotin liquid drops contain biotin which is a water-soluble B vitamin that is essential for energy production, fat breakdown, and amino acid synthesis. Biotin plays an important role in converting food into fuel for energy and for cell growth. Biotin liquid drops are gaining popularity due to ease of consumption as compared to biotin capsules and pills. The liquid form ensures better absorption of biotin in the body.
Market Overview:
Biotin liquid drops are supplements that provide biotin in a liquid form which is easy to consume. Biotin liquid drops help meet the daily biotin needs and support healthy hair, skin, and nails. They offer a convenient way to receive the nutritional benefits of biotin.
Market key trends:
The rising popularity of natural and plant-based products is a key trend in the global biotin liquid drops market. Consumers are increasingly preferring natural supplements over synthetic ones due to safety concerns. As a result, manufacturers are focusing on developing natural and organic biotin liquid drops containing biotin derived from natural sources such as rice or yeast. Another major trend is the growing demand for multi-vitamin liquid drops combining biotin with other vitamins and minerals. This is because consumers are looking for supplement formulations that meet nutritional requirements in the most convenient way. Such user-friendly combinations fulfill the daily value of multiple essential nutrients in one dose.
The global Biotin Liquid Drops Market Growth 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.
Segment Analysis
The biotin liquid drops market is segmented by product type into gel and powder. The gel segment currently dominates the market due to its easy absorption and digestibility properties. Gel biotin liquid drops get dissolved quickly in the body as compared to powder form and thus help in faster absorption of nutrients.
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 regarding health benefits of biotin.
Regional analysis
North America currently holds the largest share in the biotin liquid drops market owing to rising health consciousness and growing preference for dietary supplements in the region. Asia Pacific is expected to grow at the fastest pace during the forecast period due to rising disposable income and expanding base of middle-class population.
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.