The B-7 (also known as biotin) supplement market was valued at $583.36M in 2021, and is estimated to reach $1.4B by 2031, growing at a CAGR of 9.1% from 2022 to 2031, according to a report from Research & Markets.
Biotin is an essential nutrient that is a water-soluble vitamin and is naturally present in some food and available as a dietary supplement. It helps in curing biotin deficiency along with the care of hair, skin, and nail.
Biotin deficiency can be found majorly in alcoholic people. Alcoholism can increase the risk of biotin deficiency and many other nutrients as alcohol can block their absorption, and also because alcohol abuse is generally associated with poor dietary intake.