For a long time, the cure for diabetes type 1 and type 2 has relied on agonizing insulin shots for patients or insulin infusion via mechanical pumps. Regarding this, experts have been creating artificial pancreatic beta cells with the he…
According to our (Global Info Research) latest study, the global Nicotinamide (NAA) (aka Niacinamide) market size was valued at USD 935.1 million in 2023 and is forecast to a readjusted size of USD 1067.8 million by 2030 with a CAGR of 1.9% during review period.
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.
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.
The Global Info Research report includes an overview of the development of the Nicotinamide (NAA) (aka Niacinamide) industry chain, the market status of Feed Additives (Pharmaceutical Grade, Feed Grade), Food and Drinks Industry (Pharmaceutical Grade, Feed Grade), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Nicotinamide (NAA) (aka Niacinamide).
Regionally, the report analyzes the Nicotinamide (NAA) (aka Niacinamide) markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Nicotinamide (NAA) (aka Niacinamide) market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Nicotinamide (NAA) (aka Niacinamide) market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Nicotinamide (NAA) (aka Niacinamide) industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (MT), revenue generated, and market share of different by Type (e.g., Pharmaceutical Grade, Feed Grade).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Nicotinamide (NAA) (aka Niacinamide) market.
Regional Analysis: The report involves examining the Nicotinamide (NAA) (aka Niacinamide) market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Nicotinamide (NAA) (aka Niacinamide) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Nicotinamide (NAA) (aka Niacinamide):
Company Analysis: Report covers individual Nicotinamide (NAA) (aka Niacinamide) manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Nicotinamide (NAA) (aka Niacinamide) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Feed Additives, Food and Drinks Industry).
Technology Analysis: Report covers specific technologies relevant to Nicotinamide (NAA) (aka Niacinamide). It assesses the current state, advancements, and potential future developments in Nicotinamide (NAA) (aka Niacinamide) areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Nicotinamide (NAA) (aka Niacinamide) market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Nicotinamide (NAA) (aka Niacinamide) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- Pharmaceutical Grade
- Feed Grade
- Food Grade
Market segment by Application
- Feed Additives
- Food and Drinks Industry
- Pharmaceutical Industry
- Daily Chemicals
- Others
Major players covered
- Lonza
- Jubilant Life Sciences
- Vertellus
- Brother Enterprises
- Zhejiang Lanbo Biotechnology
- Lasons India
- Vanetta
- DSM
- Tianjin Zhongrui Pharmaceutical
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Nicotinamide (NAA) (aka Niacinamide) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Nicotinamide (NAA) (aka Niacinamide), with price, sales, revenue and global market share of Nicotinamide (NAA) (aka Niacinamide) from 2019 to 2024.
Chapter 3, the Nicotinamide (NAA) (aka Niacinamide) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Nicotinamide (NAA) (aka Niacinamide) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Nicotinamide (NAA) (aka Niacinamide) market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Nicotinamide (NAA) (aka Niacinamide).
Chapter 14 and 15, to describe Nicotinamide (NAA) (aka Niacinamide) sales channel, distributors, customers, research findings and conclusion.