Global Nicotinamide (NAA) (aka Niacinamide) Market Growth 2023-2029

Global Nicotinamide (NAA) (aka Niacinamide) Market Growth 2023-2029

Niacin, also known as nicotinic acid, is an organic compound and is, depending on the definition used, one of the 20 to 80 essential human nutrients. Together with nicotinamide it makes up the group known as vitamin B3 complex. It has the formula C6H5NO2 and belongs to the group of the pyridinecarboxylic acids.

LPI (LP Information)' newest research report, the “Nicotinamide (NAA) (aka Niacinamide) Industry Forecast” looks at past sales and reviews total world Nicotinamide (NAA) (aka Niacinamide) sales in 2022, providing a comprehensive analysis by region and market sector of projected Nicotinamide (NAA) (aka Niacinamide) sales for 2023 through 2029. With Nicotinamide (NAA) (aka Niacinamide) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Nicotinamide (NAA) (aka Niacinamide) industry.

This Insight Report provides a comprehensive analysis of the global Nicotinamide (NAA) (aka Niacinamide) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Nicotinamide (NAA) (aka Niacinamide) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Nicotinamide (NAA) (aka Niacinamide) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Nicotinamide (NAA) (aka Niacinamide) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Nicotinamide (NAA) (aka Niacinamide).

The global Nicotinamide (NAA) (aka Niacinamide) market size is projected to grow from US$ 889 million in 2022 to US$ 1026.5 million in 2029; it is expected to grow at a CAGR of 1026.5 from 2023 to 2029.

Global nicotinamide (NAA) (aka niacinamide) main players are Lonza, Jubilant Life Sciences, Vertellus, Brother Enterprises, etc. Global top 1 manufacturer hold a share about 50%. Asia Pacific is the largest market, with a share above 35%.In terms of product, feed grade is the largest segment, with a share over 60%. And in terms of application, the largest application is feed additives.

This report presents a comprehensive overview, market shares, and growth opportunities of Nicotinamide (NAA) (aka Niacinamide) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Pharmaceutical Grade
Feed Grade
Food Grade

Segmentation by application
Feed Additives
Food and Drinks Industry
Pharmaceutical Industry
Daily Chemicals
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Lonza
Jubilant Life Sciences
Vertellus
Brother Enterprises
Zhejiang Lanbo Biotechnology
Lasons India
Vanetta
DSM
Tianjin Zhongrui Pharmaceutical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Nicotinamide (NAA) (aka Niacinamide) market?

What factors are driving Nicotinamide (NAA) (aka Niacinamide) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Nicotinamide (NAA) (aka Niacinamide) market opportunities vary by end market size?

How does Nicotinamide (NAA) (aka Niacinamide) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.